Director, Financial Reporting

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Job Description - Director, Financial Reporting

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.

 

  Location: Euclid - 22801- Cleveland , OH United States (US)
Employment Status: Salary Full-Time
Function: Finance
Req ID: 24382  

 

 

PURPOSE: Responsible for the review and supervision of the consolidation and preparation of monthly, quarterly and annual financial statements that meet the reporting requirements of the Securities and Exchange Commission (“SEC”), executive management and Company shareholders. Accountable for accurate preparation and the timely filing of all SEC documents (10-K, 10-Q, 11-K, proxy) and earnings releases. On a routine basis, interact with various internal and external customers across the globe to provide accurate reporting of financial results, technical accounting research and other finance related deliverables and analysis. Assist in various strategic or business issues and transactions that arise on an ad hoc basis as directed by the CEO, CFO, Executive Management and / or the Corporate Controller.

 

JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES):

  • Review and supervision of documentation necessary to complete SEC filings (10-K, 10-Q, 11-K, proxy, earnings releases), including the XBRL detail tagging process as applicable;
  • Review, supervision and analysis of the actual, forecast and budgeted financial statements and related financial information, including cash flows, stock compensation, EPS, impairment and acquisition accounting;
  • Prepare and oversee monthly and quarterly financial reporting presentations and deliverables for Executive Management and the Board of Directors;
  • Manage the consolidation application (HFM), including all changes to consolidation structure and other reporting requirements;
  • Oversee the annual budget and monthly forecast process and provide instruction and guidance to all global entities;
  • Assist in the assessment, implementation and compliance with new and proposed accounting and reporting standards;
  • Perform research of technical accounting topics and peer company filing reviews. Present research findings to the CFO / Corporate Controller, as well as various levels of management;
  • Work with internal and external auditors to facilitate annual audits / quarterly reviews;
  • Oversee the monthly accounting for the Company’s annual benefit plan financial statements;
  • Provide leadership, coaching and development to managers and other professional staff;
  • Accountable for setting organizational priorities, meeting functional objectives and managing multiple project deadlines;
  • Assist in a variety of special projects focused on strategic and / or business issues that arise;
  • Interact with senior level management and collaborate with subsidiary units across the globe and corporate personnel.

BASIC REQUIREMENTS:

  • Bachelors degree with a major in Accounting required, Masters or MBA a plus;
  • Minimum 8 years progressive accounting experience and / or public accounting experience and CPA license required;
  • Must possess strong knowledge and understanding of US GAAP and SEC reporting rules;
  • Must be highly motivated and possess excellent analytical and communication skills;
  • Must possess a high degree of flexibility and demonstrate the ability to perform numerous tasks and assignments concurrently;
  • Proficiency with Microsoft Office Products (Word, Excel and Power Point) is essential; SAP and HFM knowledge a plus.

 

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.

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