Sr. Manager Financial Reporting & Technical Accounting (Hybrid: Onsite And Remote Work)

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The Sr. Manager Financial Reporting & Technical Accounting manages the enterprise-wide internal and external technical accounting responsibilities. The role implements new accounting pronouncements through multi-department collaboration, especially with the Financial Reporting team to ensure the highest degree of quality of the company's financial statements and internal documentation. This role is responsible for monthly and quarterly statement of cash flows and serves as key liaison to external auditors related to technical accounting matters, including acquisitions, divestures, debt and derivatives transactions and related financial reporting controls. Additionally, they partner with key members of Accounting, Tax, Legal, Treasury, FP&A, Investor Relations and HR, and Senior Finance Leaders for internal technical accounting reporting requirements.

This position has been segmented as Hybrid meaning there is a combination of three onsite days per week and the rest remote.

Responsibilities:

• Performs complex technical accounting and SEC research for new accounting pronouncements and completes thorough memo documentation and support for audit compliance.

• Manages implementation of new guidance related to the disaggregation of income statement expenses (DISE), including all research and communication between departments.

• Leads accounting and documentation for debt transactions/refinancings, acquisitions and divestitures, and lease accounting/modifications.

• Leads preparation of technical disclosures for the Company's 10-Q/10-K, in particular, any new disclosures needed related to new accounting pronouncements, acquisitions & divestitures and debt & derivative related disclosures, also includes monitoring peer disclosures for these topics.

• Manages monthly and quarterly cash flow process by performing the cash flow analysis including a flux analysis of operating costs and meeting with various departments (FP&A, Treasury, Leases and Fixed Assets) to ensure consistency.

• Performs annual goodwill and intangible impairment analyses.

• Owns accountability for company-wide benefit plan reporting and annual audit.

• Serves as Financial Reporting liaison for M&A activities and acquisition/divestiture/restructuring and related accounting and reporting.

• Leads technical accounting decisions for lease and fixed asset accounting departments.

• Manages Financial Reporting team SOX control and related processes to ensure compliance.

• Owns journal entries and account reconciliations for technical financial reporting areas including debt and derivatives.

• Other duties as assigned by manager.

Relationships:

• Internal: Controller's Team, Finance, Investor Relations, Treasury, ELT, Internal Audit, other Support Office Function Leaders.

• External: Auditors and Consultants.

Minimum Qualifications:

• 8 years of progressive relevant work experience, including experience in a public company or public accounting firm OR 6 years of progressive relevant work experience with an MBA or MA in finance or accounting.

• Public company experience and/or experience in public accounting firm

• Strong expertise in accounting principles and practices (GAAP), external/SEC reporting and internal controls commensurate with an SEC registrant and related knowledge.

• Intermediate to advanced skills in Microsoft Excel and other Microsoft Office tools.

• Ability to organize their own work and deadlines as well as assist others with their planning and to prioritize activities in a multi-tasked environment required.

• Strong attention to Detail, including regularly providing accurate, thorough and consistent work and reviewing work of others for accuracy.

• Strong Verbal & Written communications to a variety of audiences.

• Strong analytical skills of complex information.

• Ability to make accurate decisions and solve problems, many of which are complex, with little direction.

• Ability to work independently on most assignments and bring forward ideas for improvement.

• Ability to collaborate well with team members and other work associates and to lead the team and others.

• Ability to assign and oversee work of team members, providing coaching and feedback to grow team members and to serve as a positive role model by setting examples for integrity, fairness and respect.

Education:

• Bachelor's degree in Accounting or Finance.

Certifications/Training

• Certified Public Accountant (CPA).

Preferred Qualifications:

• MA or MBA.

• Expertise with Workiva, PeopleSoft, Blackline financial reporting systems.

• Big 4 firm or second tier firm experience.

This role will also receive an annual incentive plan bonus and be eligible for a LTIP.

Benefits for this role may include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance. To review available benefits, please click here: https://www.usfoods.com/careers/benefits.html.

Compensation depends on relevant experience and/or education, specific skills, function, geographic location, and other factors as applicable by law (for example: state or local minimum wage thresholds). The expected base rate for this role is between

$100,000 - $160,000

• EOE - Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Age/Genetic Information/Protected Veteran/Disability Status*