Senior Accountant - Technical Accounting
Job Summary Job Description Job Description Summary Medline Industries has an immediate opening for a Senior Accountant on the technical accounting team. The Technical Accounting team under the Medline Global Controllership group is responsible conducting technical guidance research and analyses, implementing new accounting pronouncements, compiling global accounting policies, and driving financial reporting process improvements for the entire Medline organization across more than 100 countries and territories. The Senior Accountant – Technical Accounting role, located in Northfield, IL, will report to the Manager of Technical Accounting. The Senior Accountant – Technical Accounting role will be primarily responsible for conducting research around complex and technical areas including but not limited to debt and equity accounting, share-based compensation, consolidation and variable interest entities, lease accounting, derivatives and hedging, etc. This role is also responsible for drafting global accounting policies, evaluating and adopting new accounting principles, and reviewing significant contracts for appropriate accounting treatment. Other responsibilities include preparing certain journal entries and account reconciliations, drafting sections of the financial statements and/or footnote disclosures, providing technical research support to other Controllership teams, and ensuring adherence to company policies and procedures and US GAAP. This is an exciting role in an elite accounting team with exposure to cutting edge accounting and reporting topics and opportunities to collaborate with various business partners globally. The ideal candidate for this role must be team-focused, highly analytical and detail-oriented, possess excellent writing and communication skills, be able to convey highly technical and complex subjects, and be proactively working under tight timeline and multiple workstreams. This role will provide a high degree of visibility and must be a productive business partner. Responsibilities: Perform accounting research and draft memos for complex transactions. Support the ongoing review of significant contracts (e.g., leasing, restructuring, purchases, financing activities, etc.) and other accounting areas involving significant judgments/estimates by management. Draft global accounting policies, including the adoption of new guidance and related internal controls (e.g., review controls, processes, and thresholds). Work with corporate and cost accounting, FP&A, and other stakeholders to enhance governance and adherence to Medline’s accounting policies, standards, and related controls. Serve as the subject matter experts for complex accounting areas, e.g., debt, derivatives/hedging, equity, share-based compensation (ASC 718), lease accounting (ASC 842), financial instruments, credit losses/provisions (ASC 326), IFRS/US GAAP conversion, and other areas as needed. Prepare certain journal entries and account reconciliation for technical accounting areas. Prepare monthly and quarterly schedules to support internal and external reporting, including footnotes to financial statements. Contribute to large-scale projects to implement process improvements and internal controls for financial reporting and technical accounting. Work cross-function to manage change and enhance communications with stakeholders. Support new business initiatives, system integrations, and other major change management impacting financial statements and related systems. Liaise with corporate accounting and global reporting/consolidations as needed on technical accounting and financial reporting matters. Prepare key deliverables for internal and external parties such as CFO and divisional leadership, FP&A/tax/treasury, investors, lenders, tax authorities, auditors, and other stakeholders. Prepare other ad-hoc reporting, requests, and process improvements as needed for technical accounting and reporting areas. Provide other supporting schedules as needed for tax or audit purposes. Evaluate and document the adoption and implementation of new US GAAP pronouncements or amendments. Provide accounting expertise and analyze entity financials, identifying potential audit risks for subsidiaries. Assist with interim and year-end audit schedules and financial statement preparation. Perform other duties and projects as assigned. Minimum Qualifications: Bachelor’s degree in Accounting or Finance. At least 2 years of Corporate Accounting experience. Experience applying GAAP knowledge. Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table). Able to work with large amounts of data. Preferred Qualifications: Master’s degree in Accounting or Finance. CPA strongly preferred Public accounting experience, with an emphasis in SEC engagements a plus. Experience at a multi-national manufacturer/distribution company. Experience at a large, global company with multiple legal entities and a complex consolidation structure. Strong technical accounting acumen, with proven ability to perform complex accounting research and analysis. Experience applying advanced knowledge level of accounting practices, controls, and systems. Proven analytical, teamwork, leadership skills, and excellent communication skills (written and verbal). Experience with Sarbanes Oxley 404 internal controls implementation or governance. Experience with an external reporting tool (e.g., Workiva’s Wdesk platform). Experience working with a consolidation system (Tagetik, Oracle EPM, BPC). Experience with cash flow statement preparation/review. Experience executing change management. Experience with projects and cross-functional collaboration. Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. The anticipated salary range for this position: $79,000.00 - $119,000.00 Annual The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold. Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For a more comprehensive list of our benefits please click here . For roles where employees work less than 30 hours per week, benefits include 401(k) contributions as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp. We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here . Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.
