The posting
Company Description
A subsidiary of Veolia group, Veolia North America (VNA) is the top-ranked environmental company in the United States for three consecutive years, and the country’s largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education, and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has more than 10,000 employees working at more than 350 locations across the continent.
www.veolianorthamerica.com
Job Description
Position Purpose:
The Director of Financial Reporting & Technical Accounting is responsible for overseeing the company's internal and external financial reporting, technical accounting, and employee benefit plan accounting functions, including pension, other post retirement benefits and 401(k) plan accounting. This role will serve as a strategic partner to senior finance leadership, ensuring the accuracy and integrity of financial statements, compliance with US GAAP and IFRS reporting requirements, and the timely resolution of complex accounting matters and proper accounting and disclosure of the company's employee benefit obligations. The ideal candidate brings deep technical accounting expertise, strong research and documentation skills, and a forward-thinking mindset toward digital innovation and process transformation.
Primary Duties/Responsibilities:
- Provide day-to-day leadership, direction, and oversight to the Financial Reporting and Technical Accounting teams, ensuring accurate and timely execution of all activities.
- Coordinate with external actuaries to obtain annual actuarial valuations, review key assumptions (discount rate, expected return on plan assets, mortality tables), and ensure proper reflection of valuation results in the financial statements.
- Communicate with plan asset managers to obtain year-end plan asset information, review investment performance, and ensure proper classification and disclosure of plan assets in accordance with the fair value hierarchy.
- Oversee the preparation and review of annual 401(k) plan financial statements.
- Review and approve balance sheet account reconciliations, including pension and benefit plan-related accounts, ensuring all reconciling items are properly documented and resolved within established timelines.
- Serve as a primary resource for accounting guidance on day-to-day transactions and emerging accounting issues raised by business units and finance partners.
- Respond to inquiries from internal stakeholders regarding the application of accounting policies and standards.
- Oversee the preparation and review of monthly financial statements and management reporting packages, ensuring accuracy and completeness.
- Lead the preparation and review of annual financial statements and footnote disclosures in accordance with US GAAP.
- Oversee the implementation of new accounting standards (ASUs, IFRS updates), including impact assessments, policy updates, and communication to relevant stakeholders.
- Prepare and maintain accounting policy documentation, ensuring policies are current, comprehensive, and aligned with applicable accounting standards.
- Research and document the accounting treatment for complex, non-routine, or judgmental transactions, including mergers and acquisitions, new contracts, financing arrangements, and other significant business events, through the preparation of formal technical accounting memoranda.
- Support special projects and ad hoc analyses as requested by senior finance leadership.
- Support internal control self-assessment of the financial closing process.
- Conduct periodic performance reviews for direct reports, establish individual development plans, and identify training and growth opportunities to build team capabilities.
This position description is intended for the purpose of position evaluation and salary positioning and is not a contract setting forth the full scope of employment. The employer retains the right to deviate from the description at its discretion, without notice.
Qualifications
Education/Experience/Background:
- Bachelor’s degree desired in Accounting, Finance or related field.
- Masters in Business Administration or CPA license is a plus.
- 8 to 12 years of progressive experience in accounting, financial reporting and technical accounting.
- Demonstrated experience managing external financial reporting processes in a multi-entity environment under both US GAAP and IFRS.
- Proven ability to perform complex accounting research and document conclusions in well-structured technical accounting memoranda.
- Proven ability to lead, develop, and retain high-performing teams.
- Experience with the preparation and review of financial statements, footnote disclosures, and supporting schedules.
- Knowledge and Expertise in:US Generally Accepted Accounting Principles (GAAP) requirements. IFRS accounting requirements. Technical accounting research and application of new and existing accounting standards.
Knowledge/Skills/Abilities:
- Strong technical knowledge of US GAAP and IFRS, including the ability to research, interpret, and apply complex accounting standards.
- Demonstrated ability to write clear, concise, and well-supported technical accounting memoranda on complex accounting issues.
- Excellent written and verbal communication skills, with the ability to present complex financial and accounting information to executive leadership and non-financial stakeholders in a clear and articulate manner.
- Ability to effectively communicate and collaborate with external actuaries and plan asset managers to obtain, review, and validate key inputs for pension and benefit plan accounting.
- Strong understanding of internal controls and the ability to identify risks and key controls within the financial reporting process.
- Ability to lead and/or support finance transformation and process improvement projects.
- Ability to align financial reporting operations with broader organizational goals and drive long-term value.
- Ability to build strong relationships with and deliver value to stakeholders through communication and collaboration.
Preferred:
- Experience with PeopleSoft ERP, FCCS, Blackline.
- Big 4 public accounting experience.
Additional Information
Pay Range: $169000 to $198000 Per Year.
Benefits: Veolia’s comprehensive benefits package includes paid time off policies, as well as health, dental, vision, life insurance, savings accounts, tuition reimbursement, paid volunteering and more. In addition, employees are also entitled to participate in an employer sponsored 401(k) plan, to save for retirement.
Sick leave – 56 hours; Observed Holidays – 11 days; Vacation – Flexible Time Off
Eligible for up to 20% Annual Performance Bonus.
We are an Equal Opportunity Employer! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.
