Manager of Accounting and Reporting

Methode Electronics is seeking a Manager of Accounting and Reporting to support the Company's technical accounting, external financial reporting, and global consolidation processes.This role will be hands-on in preparing and filing SEC reports, assisting with technical accounting research, and ensuring accurate and timely global consolidated financial statements. You will also assist in implementing and ensuring compliance with accounting policies and collaborate cross-functionally with finance, legal, IT, and the business leadership team to drive process improvements. The Manager will work closely 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.

• Responsible for the consolidation, preparation, and reporting of external basis financial statements prepared in accordance with U.S. GAAP and compliant with SEC regulations.
• Responsible for planning and coordinating monthly, quarterly, and year-end close activities.
• Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis.
• Oversee the monthly global consolidation process in OneStream, including intercompany eliminations, foreign currency translation, integrity of equity accounts, and preparation of consolidated financial statements.
• Prepare and/or review 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 or review USD overrides.
• Coordinate push-down of top-side journal entries to business units' general ledger in the subsequent month.
• Perform analytical reviews of operating results to ensure the accuracy of accounting records.
• Oversee the process of gathering data from subsidiaries ensuring completeness of the monthly consolidation and related quarterly financial statement information.
• Support system updates and improvements to consolidation processes.
• Actively engage in designing a system to meet all external financial reporting requirements.
• Prepare and/or review corporate journal entries for complex technical accounting matters, such as corporate debt, stock-based compensation, and corporate prepaid expenses.

• Manage the preparation of SEC filings, including, but not limited to Forms 10-Q, 10-K, and registration statements.
• Prepare and/or review supporting schedules, tie-outs, and disclosure checklists.
• Propose and implement enhancements to the reporting process.
• Ensure accuracy and completeness of financial statement footnotes and MD&A sections.
• Coordinate and/or review XBRL tagging, either internally or through a third-party, as required for filings with the SEC.
• Coordinate with cross-functional teams to gather information for disclosures.
• Assist in preparing and reviewing information for earnings releases and investor presentations.
• Research and document accounting treatment for specific transactions under U.S. GAAP (e.g., revenue recognition, leases, stock-based compensation, debt, derivatives, acquisitions, impairment testing of long-lived assets).
• Draft technical accounting whitepapers to document accounting conclusions and accounting policies for review by management and external auditors.
• Support accounting for goodwill, equity, and liability transactions, with particular emphasis on long-lived asset impairment triggering events, stock-based compensation, and debt arrangements, ensuring accurate valuation, classification, and reporting in accordance with U.S. GAAP.
• Support accounting for financial derivatives and other complex financial instruments, ensuring proper recognition, measurement, and disclosure in financial statements.
• Monitor new accounting pronouncements and support adoption efforts across the organization.
• Supervise and develop staff accountants and/or senior accountants.

• Drive 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.

• Bachelor's degree in accounting, finance, or related field; CPA required or in progress.
• 5-8 years of progressive experience in accounting, ideally with a blend of Big 4 public accounting and/or corporate accounting industry roles in a global, multinational environment.
• Strong knowledge of U.S. GAAP, SEC regulations, and complex accounting matters such as revenue recognition, lease accounting, equity-based compensation, and financial instruments.
• Experience with a publicly traded global manufacturing or technology company.
• Experience with multinational operations, foreign currency, and intercompany accounting.
• Strong communication and interpersonal skills, with the ability to collaborate across functions and regions.
• Strong attention to detail and organizational skills with ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Advanced in using Microsoft office applications, specifically Excel (pivot tables, vlookups, and financial modeling) 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: $108,000 - $150,000

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. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus. While performing the duties of this Job, the employee is regularly required to reach with hands and arms and talk or hear. The employee is frequently required to stand; walk; sit and use hands to finger, handle, or feel.

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 Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.