Senior Financial Reporting Accountant

Methode Electronics is seeking a Senior Accountant to support the Company’s technical accounting, external financial reporting, and global consolidation processes. This role will be hands-on in preparing analyses, schedules, and supporting documentation for the Company’s SEC reports, as well as assisting with technical accounting research, and ensuring accurate and timely global consolidated financial statements. You will also support the implementation of process improvements. The Senior Accountant will collaborate with internal and external auditors, and the global finance teams to ensure compliance with U.S. GAAP, SEC regulations, and internal controls. This is an ideal opportunity for someone who thrives in complexity and is motivated to be part of a best-in-class accounting and reporting team at a company undergoing meaningful transformation and growth located in Southfield, Michigan.

Responsibilities

• Assist in the consolidation, preparation, and reporting of external basis financial statements prepared in accordance with U.S. GAAP and compliant with SEC regulations.
• Assist in planning and coordinating monthly, quarterly, and year-end close activities.
• Assist in managing the monthly global consolidation process in OneStream, including intercompany eliminations, foreign currency translation, integrity of equity accounts, and preparation of consolidated financial statements.
• Prepare journal entries, analyses, and reconciliations for consolidation entries, including intercompany loans, dividends, and distributions.
• Collaborate with global finance teams, including corporate groups such as tax, treasury, and legal, to substantiate changes in equity balances and process USD overrides.
• Coordinate push-down of top-side journal entries to business units’ general ledger in the subsequent month.
• Assist with analytical reviews of operating results to ensure the accuracy of accounting records.
• Support the process of gathering data from subsidiaries ensuring completeness of the monthly consolidation and related quarterly financial statement information.
• Assist with system updates and improvements to consolidation processes.
• Assist in designing a system to meet all external financial reporting requirements.
• Prepare corporate journal entries for accounting matters, such as corporate debt and corporate prepaid expenses.
• Prepare supporting schedules, tie-outs, and draft disclosures for SEC filings, including, but not limited to Forms 10-Q, 10-K, and registration statements.

• Support footnote preparation, MD&A updates, and internal review processes to ensure accuracy and completeness.

• Support the completion of XBRL tagging and disclosure checklists and implementing ongoing enhancements to the reporting process.
• Assist in preparing and reviewing information for earnings releases and investor presentations.
• Assist with researching and documenting the accounting treatment for specific transactions under U.S. GAAP (e.g., revenue recognition, leases, debt, derivatives).
• Prepare supporting analyses for technical accounting whitepapers to be reviewed by management and external auditors.
• Track new accounting pronouncements and support the adoption efforts across the organization.
• Identify opportunities for continuous process improvements and automation.
• Ensure SOX compliance and strong internal controls over financial reporting areas.
• Collaborate with external auditors during quarterly reviews and annual audits, including preparation of schedules and responses to auditor inquiries.
• Complete special projects and miscellaneous assignments as required.
• Other duties as assigned.

Qualifications

• Bachelor’s degree in accounting, finance, or related field; CPA required or in progress.
• 2-5 years of public accounting experience, with Big 4 public accounting and/or corporate accounting industry roles in a global, multinational environment.
• Solid understanding of U.S. GAAP and exposure to SEC reporting and consolidations.
• Experience with a publicly traded global manufacturing or technology company.
• Experience with multinational operations, foreign currency, and intercompany accounting.
• Team player with the ability to collaborate across functions and regions.
• Strong attention to detail and organizational skills.
• Strong analytical and problem-solving skills.
• Proficient in using Microsoft office applications, specifically Excel (pivot tables and vlookups) and Word.
• Experience with financial reporting and consolidations systems (i.e., Hyperion or OneStream) a plus.

The base pay hiring rate expected for this position is: $ 80,750- 95,000

This position is eligible to participate in an incentive plan. Metrics and level of participation are determined annually.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 25 pounds. Frequent hand motion and repetitive tasks including using a computer for typing. While performing the duties of this job, the employee will occasionally do immediate reaching and overhead reaching to perform various duties, frequent standing for varied amounts of time to perform various duties, frequent walking for varied amounts of time to perform various duties. Squat or bend to perform various duties. Occasionally climb stairs.

Benefits and Perks

Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.

Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.

Methode provides an Employee Assistance Program, and participation in the Company’s 401(k) plan which includes a company contribution.

Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours.

Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] or call (708) 867-6777 and let us know the nature of your request and your contact information.