Gates Corporation
Gates is a leading manufacturer of application‑specific fluid power and power transmission solutions. We push the boundaries of material science to engineer solutions that continually exceed customer expectations.
Our products—belts and hoses—can be found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, and 3‑D printers.
We are seeking a Director of Financial Reporting to be based at our world headquarters in Denver, Colorado, or our Technical Research Center in Rochester Hills, Michigan, leading financial reporting across a complex multinational organization.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for the preparation and review of all financial reporting, including quarterly, annual and other periodic SEC filings, and UK annual report.
Prepare and review supporting schedules for quarterly and annual filings and be a primary contact for external auditors during their quarterly reviews and annual audits.
Review and analyze monthly financial results and work with reporting entities globally to ensure completeness and integrity of the data.
Provide global oversight with respect to Gates’ accounting policies and drive consistency and adherence to these policies across the organization.
Address accounting policy interpretation and application questions throughout the organization.
Lead the evaluation, interpretation, practical application, and implementation of new accounting standards under US GAAP and IFRS, working with cross‑functional stakeholders on accounting policy updates.
Develop training and educate the global accounting organization on new accounting pronouncements and policies.
Technical lead for monitoring and researching new accounting pronouncements and developments relevant to Gates and addressing technical accounting queries from reporting entities globally.
Maintain a rigorous internal control environment and own several key control activities.
Finance lead on all matters related to stock compensation reporting, forecasting, pensions and variance analysis.
Review the accuracy and consistency of consolidated financial data in external presentations.
Lead SOX and internal control matters related to the development, enhancement, and documentation of internal controls.
Continuously assess the risks and global internal control framework and recommend and implement internal controls to mitigate those risks.
Direct interaction with external auditors on technical accounting matters, memoranda and the company’s application of policy and internal controls.
Provide technical position papers, research and memos for the organization in connection with significant non‑routine transactions and new business.
Provide technical accounting and financial insights to support strategic decisions, complex transactions and initiatives including collaborating with Treasury, Tax, FP&A, Legal, IT and other teams.
Identify improvements to the current accounting infrastructure to streamline the delivery of accurate financial information.
Provide support and analysis to the executive team and other functions in relation to earnings calls, market guidance, and major debt and equity transactions.
Lead the implementation of IFRS, including identification and research into GAAP differences, managing the collection and reporting of data needed to quantify GAAP adjustments, preparing IFRS financial statements and embedding processes for ongoing IFRS compliance and reporting.
Develop, coach and serve as a mentor and role model to direct reports and broader finance team members.
Assist with ad‑hoc information requests, analysis, and cross‑functional projects.
Supervisory Responsibilities
Monitors and directs Finance teams worldwide, including corporate HQ, Americas, EMEA and APAC with respect to adherence to US GAAP. Two direct reports assist with financial reporting requirements, review of all externally distributed financial information, preparation of Audit Committee materials and assist with finance transformation/continual improvement projects, including the implementation of OneStream.
Travel Less than 5%.
Qualifications
Bachelor’s Degree in Accounting or Finance, with an advanced degree (MBA, MA) preferred.
10+ years of progressive financial accounting experience, including 7+ years in a Big 4 public accounting firm and experience working in an accounting department of a publicly traded company with exposure to technical accounting research, SEC regulations, internal controls, consolidation, and international operations.
Must have specific experience in related accounting roles and hands‑on experience with consolidating the financial results for a large multinational entity along with extensive experience implementing SOX controls and remediating deficiencies.
CPA certification is required.
Strong technical accounting and internal control skill set.
Experience driving finance transformation and process improvement initiatives.
Automotive, commercial and industrial supplier experience within a large global manufacturer required.
Experience with the automotive aftermarket industry is beneficial.
Be a role model for the company’s values and demonstrate the highest professional integrity and ethics.
Proven experience in developing and managing a team of accounting professionals. Strong ability to influence and collaborate with cross‑functional teams.
Experience with accounting for complex transactions and new accounting standards.
In‑depth knowledge of U.S. GAAP, SEC regulations and SOX compliance. IFRS knowledge is beneficial.
Strong analytical and problem‑solving ability.
Demonstrated willingness to learn new systems and proactively lead process improvements; experience with system transformation is a plus.
Strong team player, able to proactively step in to support other team members as needed and share knowledge to allow cross‑training of all functions; builds collaborative relationships across the organization.
Excellent written and oral communication, presentation, coaching and professional skills including ability to interact effectively with senior management as well as less experienced team members.
Demonstrated understanding of regulatory environments and related reporting requirements.
Strong proficiency with Microsoft Office Suite; experience with OneStream, Hyperion Financial Management (HFM) and WDesk is preferable.
Must be legally authorized to work in the United States without company sponsorship.
Pay & Benefits
Full‑time
Salary Range: $151,400 – $190,000
Bonus eligible
Relocation is not provided
Medical, Dental, Vision insurance and other voluntary benefit options: benefits begin on the first day of the month immediately following your date of hire.
Eligible for Flexible Time Off
401(k): 3% company contribution and additional 3% company match
Tuition Reimbursement
Why Gates? Founded in 1911 in Denver, Colorado, Gates is publicly traded on the NYSE. While we operate across many time zones we operate as “One Gates” with a common goal of pushing the boundaries of materials science. We invest in our people, bringing real‑world experience that enables us to solve our customers’ diverse challenges today and anticipate those of tomorrow.
Work Environment Gates is an equal opportunity employer committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job‑related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
The employee is frequently required to sit; use hands and fingers to work with objects, tools, or controls; and use office equipment including computers, telephones, and/or copiers/scanners. The employee must frequently lift and/or move up to 10 pounds.
For individuals assigned and/or hired to work in Colorado, Gates is required by law to include a reasonable estimate of the compensation for this role. This compensation range is specific to the State of Colorado and takes into account various factors that are considered in making compensation decisions, including but not limited to the candidate’s relevant experience, qualifications, skills, competencies, and proficiency for the role.
#J-18808-Ljbffr
Our products—belts and hoses—can be found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, and 3‑D printers.
We are seeking a Director of Financial Reporting to be based at our world headquarters in Denver, Colorado, or our Technical Research Center in Rochester Hills, Michigan, leading financial reporting across a complex multinational organization.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for the preparation and review of all financial reporting, including quarterly, annual and other periodic SEC filings, and UK annual report.
Prepare and review supporting schedules for quarterly and annual filings and be a primary contact for external auditors during their quarterly reviews and annual audits.
Review and analyze monthly financial results and work with reporting entities globally to ensure completeness and integrity of the data.
Provide global oversight with respect to Gates’ accounting policies and drive consistency and adherence to these policies across the organization.
Address accounting policy interpretation and application questions throughout the organization.
Lead the evaluation, interpretation, practical application, and implementation of new accounting standards under US GAAP and IFRS, working with cross‑functional stakeholders on accounting policy updates.
Develop training and educate the global accounting organization on new accounting pronouncements and policies.
Technical lead for monitoring and researching new accounting pronouncements and developments relevant to Gates and addressing technical accounting queries from reporting entities globally.
Maintain a rigorous internal control environment and own several key control activities.
Finance lead on all matters related to stock compensation reporting, forecasting, pensions and variance analysis.
Review the accuracy and consistency of consolidated financial data in external presentations.
Lead SOX and internal control matters related to the development, enhancement, and documentation of internal controls.
Continuously assess the risks and global internal control framework and recommend and implement internal controls to mitigate those risks.
Direct interaction with external auditors on technical accounting matters, memoranda and the company’s application of policy and internal controls.
Provide technical position papers, research and memos for the organization in connection with significant non‑routine transactions and new business.
Provide technical accounting and financial insights to support strategic decisions, complex transactions and initiatives including collaborating with Treasury, Tax, FP&A, Legal, IT and other teams.
Identify improvements to the current accounting infrastructure to streamline the delivery of accurate financial information.
Provide support and analysis to the executive team and other functions in relation to earnings calls, market guidance, and major debt and equity transactions.
Lead the implementation of IFRS, including identification and research into GAAP differences, managing the collection and reporting of data needed to quantify GAAP adjustments, preparing IFRS financial statements and embedding processes for ongoing IFRS compliance and reporting.
Develop, coach and serve as a mentor and role model to direct reports and broader finance team members.
Assist with ad‑hoc information requests, analysis, and cross‑functional projects.
Supervisory Responsibilities
Monitors and directs Finance teams worldwide, including corporate HQ, Americas, EMEA and APAC with respect to adherence to US GAAP. Two direct reports assist with financial reporting requirements, review of all externally distributed financial information, preparation of Audit Committee materials and assist with finance transformation/continual improvement projects, including the implementation of OneStream.
Travel Less than 5%.
Qualifications
Bachelor’s Degree in Accounting or Finance, with an advanced degree (MBA, MA) preferred.
10+ years of progressive financial accounting experience, including 7+ years in a Big 4 public accounting firm and experience working in an accounting department of a publicly traded company with exposure to technical accounting research, SEC regulations, internal controls, consolidation, and international operations.
Must have specific experience in related accounting roles and hands‑on experience with consolidating the financial results for a large multinational entity along with extensive experience implementing SOX controls and remediating deficiencies.
CPA certification is required.
Strong technical accounting and internal control skill set.
Experience driving finance transformation and process improvement initiatives.
Automotive, commercial and industrial supplier experience within a large global manufacturer required.
Experience with the automotive aftermarket industry is beneficial.
Be a role model for the company’s values and demonstrate the highest professional integrity and ethics.
Proven experience in developing and managing a team of accounting professionals. Strong ability to influence and collaborate with cross‑functional teams.
Experience with accounting for complex transactions and new accounting standards.
In‑depth knowledge of U.S. GAAP, SEC regulations and SOX compliance. IFRS knowledge is beneficial.
Strong analytical and problem‑solving ability.
Demonstrated willingness to learn new systems and proactively lead process improvements; experience with system transformation is a plus.
Strong team player, able to proactively step in to support other team members as needed and share knowledge to allow cross‑training of all functions; builds collaborative relationships across the organization.
Excellent written and oral communication, presentation, coaching and professional skills including ability to interact effectively with senior management as well as less experienced team members.
Demonstrated understanding of regulatory environments and related reporting requirements.
Strong proficiency with Microsoft Office Suite; experience with OneStream, Hyperion Financial Management (HFM) and WDesk is preferable.
Must be legally authorized to work in the United States without company sponsorship.
Pay & Benefits
Full‑time
Salary Range: $151,400 – $190,000
Bonus eligible
Relocation is not provided
Medical, Dental, Vision insurance and other voluntary benefit options: benefits begin on the first day of the month immediately following your date of hire.
Eligible for Flexible Time Off
401(k): 3% company contribution and additional 3% company match
Tuition Reimbursement
Why Gates? Founded in 1911 in Denver, Colorado, Gates is publicly traded on the NYSE. While we operate across many time zones we operate as “One Gates” with a common goal of pushing the boundaries of materials science. We invest in our people, bringing real‑world experience that enables us to solve our customers’ diverse challenges today and anticipate those of tomorrow.
Work Environment Gates is an equal opportunity employer committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job‑related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
The employee is frequently required to sit; use hands and fingers to work with objects, tools, or controls; and use office equipment including computers, telephones, and/or copiers/scanners. The employee must frequently lift and/or move up to 10 pounds.
For individuals assigned and/or hired to work in Colorado, Gates is required by law to include a reasonable estimate of the compensation for this role. This compensation range is specific to the State of Colorado and takes into account various factors that are considered in making compensation decisions, including but not limited to the candidate’s relevant experience, qualifications, skills, competencies, and proficiency for the role.
#J-18808-Ljbffr