Sidley Austin LLP
Summary
Accounting Manager reports to the Assistant Controller and leads the corporate accounting staff through the monthly and annual financial close process. The role ensures financial statements are appropriately stated, documented controls are executed timely, and the team organizes the annual external audit and related financial statements and footnote disclosures. The position conducts accounting research related to GAAP changes or company accounting policies.
Duties and Responsibilities
Maintain up-to-date knowledge of GAAP and tax and incorporate new pronouncements into corporate accounting operations. Provide technical guidance to staff.
Research technical issues and document accounting policies (revenue recognition, intercompany transactions, tax transactions, etc.).
Lead the maintenance of the general ledger for multiple international entities, including conversion from local currency to USD consolidated.
Manage preparation of the firm’s annual audited financial statements and footnotes, coordinating firm-wide audit schedules.
Assist with transitioning accrual financials in the accounting system, identify process improvements, and lead changes.
Prepare stand‑alone financial statements for specific offices on an accrual basis, accurately accounting for currency impact.
Lead lease transaction accounting in accordance with ASC 842 in the financial accounting system.
Manage a team of accountants responsible for general ledger maintenance, fixed asset recording, balance sheet account reconciliation, foreign exchange, accounting controls, and financial analysis including monthly account analysis.
Prepare and analyze monthly cash basis and annual accrual financial statements, including review of monthly financial results.
Ensure all general ledger transactions are recorded timely and all balance sheet accounts are reconciled, reviewed, and documented.
Oversee fixed asset area, including review of capital expenditure purchases, forecasting, and asset inventory record keeping.
Oversee the journal entry process, including all payroll journal entries for all domestic and foreign locations.
Review the team’s work and ensure deliverables are error‑free and meet deadlines.
Develop staff through training on systems, policies and procedures, provide regular feedback and coaching, and manage hiring and retention.
Ensure adequate internal controls and procedures are in place and working effectively.
Implement financial initiatives and manage financial initiatives in relation to any area of responsibility.
Assist in the firm‑wide annual budget and projection process and monthly financial reporting process.
Understand service business needs of multiple departments and develop a strong understanding of firm operations and the law firm industry.
Complete special projects as assigned and provide direction to staff.
Target Salary Range $125,000 - $150,000 if located in Illinois
Qualifications To perform this job successfully, an individual must be able to perform the duties and responsibilities above satisfactorily and meet the requirements below. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. For accommodations, email staffrecruiting@sidley.com (current employees should contact Human Resources).
Education and/or Experience
Bachelor of Science and/or Master’s degree in Accountancy
Current CPA with minimum of 10 years of relevant accounting experience
Experience managing a team and developing staff
Experience performing and managing accounting activities such as complex account reconciliations and analysis, preparation of financial statements, and application of accounting policies
Experience working on a large ERP accounting platform and partnering with IT systems in maintaining the inter‑workings of the system
Knowledge of payroll recording, including payroll taxes and benefits
Ability to interact effectively with other departments and lead change
Up‑to‑date knowledge of and ability to research GAAP and related guidance
Preferred
Professional Service industry experience
Other Skills and Abilities
Strong organizational skills
Strong attention to detail
Good judgment
Strong interpersonal communication skills
Strong analytical and problem‑solving skills
Able to work harmoniously and effectively with others
Able to preserve confidentiality and exercise discretion
Able to work under pressure
Able to manage multiple projects with competing deadlines and priorities
Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. If an estimated salary range for this role is available, it will be provided in our Target Salary Range section. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits.
Sidley Austin LLP is an Equal Opportunity Employer
Location Recruiting Location: US-IL-Chicago Department: Accounting
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Duties and Responsibilities
Maintain up-to-date knowledge of GAAP and tax and incorporate new pronouncements into corporate accounting operations. Provide technical guidance to staff.
Research technical issues and document accounting policies (revenue recognition, intercompany transactions, tax transactions, etc.).
Lead the maintenance of the general ledger for multiple international entities, including conversion from local currency to USD consolidated.
Manage preparation of the firm’s annual audited financial statements and footnotes, coordinating firm-wide audit schedules.
Assist with transitioning accrual financials in the accounting system, identify process improvements, and lead changes.
Prepare stand‑alone financial statements for specific offices on an accrual basis, accurately accounting for currency impact.
Lead lease transaction accounting in accordance with ASC 842 in the financial accounting system.
Manage a team of accountants responsible for general ledger maintenance, fixed asset recording, balance sheet account reconciliation, foreign exchange, accounting controls, and financial analysis including monthly account analysis.
Prepare and analyze monthly cash basis and annual accrual financial statements, including review of monthly financial results.
Ensure all general ledger transactions are recorded timely and all balance sheet accounts are reconciled, reviewed, and documented.
Oversee fixed asset area, including review of capital expenditure purchases, forecasting, and asset inventory record keeping.
Oversee the journal entry process, including all payroll journal entries for all domestic and foreign locations.
Review the team’s work and ensure deliverables are error‑free and meet deadlines.
Develop staff through training on systems, policies and procedures, provide regular feedback and coaching, and manage hiring and retention.
Ensure adequate internal controls and procedures are in place and working effectively.
Implement financial initiatives and manage financial initiatives in relation to any area of responsibility.
Assist in the firm‑wide annual budget and projection process and monthly financial reporting process.
Understand service business needs of multiple departments and develop a strong understanding of firm operations and the law firm industry.
Complete special projects as assigned and provide direction to staff.
Target Salary Range $125,000 - $150,000 if located in Illinois
Qualifications To perform this job successfully, an individual must be able to perform the duties and responsibilities above satisfactorily and meet the requirements below. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. For accommodations, email staffrecruiting@sidley.com (current employees should contact Human Resources).
Education and/or Experience
Bachelor of Science and/or Master’s degree in Accountancy
Current CPA with minimum of 10 years of relevant accounting experience
Experience managing a team and developing staff
Experience performing and managing accounting activities such as complex account reconciliations and analysis, preparation of financial statements, and application of accounting policies
Experience working on a large ERP accounting platform and partnering with IT systems in maintaining the inter‑workings of the system
Knowledge of payroll recording, including payroll taxes and benefits
Ability to interact effectively with other departments and lead change
Up‑to‑date knowledge of and ability to research GAAP and related guidance
Preferred
Professional Service industry experience
Other Skills and Abilities
Strong organizational skills
Strong attention to detail
Good judgment
Strong interpersonal communication skills
Strong analytical and problem‑solving skills
Able to work harmoniously and effectively with others
Able to preserve confidentiality and exercise discretion
Able to work under pressure
Able to manage multiple projects with competing deadlines and priorities
Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. If an estimated salary range for this role is available, it will be provided in our Target Salary Range section. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits.
Sidley Austin LLP is an Equal Opportunity Employer
Location Recruiting Location: US-IL-Chicago Department: Accounting
#J-18808-Ljbffr