Associate Director Technical Accounting
At Alcon, we are driven by the meaningful work we do to help people see brilliantly. We innovate boldly, champion progress, and act with speed as the global leader in eye care. Here, you’ll be recognized for your commitment and contributions and see your career like never before. Together, we go above and beyond to make an impact in the lives of our patients and customers.
We foster an inclusive culture and are looking for diverse, talented people to join Alcon. As an Associate Director, Technical Accounting supporting our Finance Reporting & Accounting (FRA) team, you will be trusted to assist the Heads of FRA Operations, Technical Accounting, Consolidation and Reporting, and External Reporting in ensuring accounting compliance with IFRS. This Associate Director is also responsible for reviewing potential Business Development & Licensing and Merger & Acquisitions deals for optimal accounting treatment, and assisting in the financial due diligence on these transactions. This role also processes monthly analysis/review of financial statements, including balance sheet, cash flows, summary of intangible assets, and other income and expense.
In this role, a typical day will include:
- Provide assistance in the quarterly and annual intangible impairment review/testing procedures; maintaining Sarbanes-Oxley Act processes for FRA Operations global controls; and various monthly/quarterly reporting activities for the FRA Operations.
- Provide accounting / reporting support as SPOC/Subject Matter Expert for identified function, region, and for identified areas of technical accounting.
- Responsible for accounting compliance with IFRS as interpreted by Group and includes the following:
- Monitoring developments in IFRS and US GAAP and setting accounting policies for FRA Operations in conjunction with Group and communicating these policies to the local entities, FRA Operations, Business Units (BU’s) function, etc.
- Investigating financial accounting policy issues, recommending, and implementing actions as appropriate.
- Providing technical accounting support to local entities, regions and functions (in line with the responsibility matrix) for complex / significant matters, preparing / reviewing appropriate accounting documentation (Accounting Position Paper) in line with matrix for approval of accounting issues.
- Responsibility for impairment reviews (critical review of data provided by other functions, challenging assumptions, meeting with business partners, preparation of supporting documentation, coordination of reviews by management and PwC and following up on any review issues).
- Reviewing potential Business, Development & Licensing (BD&L) for FRA Operations deals in order to assess the accounting treatment under IFRS, preparation of accounting documentation for the deals / review and sign off accounting documentation.
- Reviewing potential acquisitions, to provide the M&A team with input on any accounting implications, preparing purchase price accounting and relevant acquisition models for completed FRA Operations acquisitions, obtaining appropriate sign offs as required under Sarbanes-Oxley.
- Maintaining the various requirements of the Sarbanes-Oxley Act for the FRA Operations in conjunction with established processes.
- Responsible for analyzing the FRA Operations and balance sheet, cash flow, other operating income and expense, intangible assets and provisions, and other elements associated with the specific activities of functions supported by FRA Operations TA (including product costing and development) and driving improvements in the process and presentation of the output.
- Rolling out improvements in the process and documentation to the Regions and local entities as appropriate.
- Supporting IFRS to US GAAP conversion readiness.
- Preparing and/or reviewing training material content for FRA, including instructing assigned sessions.
WHAT YOU'LL BRING TO ALCON:
- Bachelor’s Degree or Equivalent years of directly related experience (or high school+15 yrs; Assoc.+11 yrs; M.S.+4 yrs; PhD+3 yrs)
- The ability to fluently read, write, understand, and communicate in English
- 7 Years of Relevant Experience
Preferred Qualifications:
- Degree in Accounting and/or Finance
- CPA Certification/Chartered Accountant
- Accounting experience – Public and Industry
- Comprehensive knowledge of IFRS (GAAP), accounting and financial reporting requirements
- Strong analytical skills
- Experience in financial accounting and reporting, auditing and financial process engineering, with record of strong control focus
- Strong leadership, interpersonal, influencing and management skills
- Proficient ERP knowledge (SAP)
- Solid Microsoft Office skills (Excel, Word, PowerPoint)
- Experience working with shared services teams
How You Can Thrive At Alcon:
- Benefit from a growing, innovative environment.
- Sharpen your current skills and gain exposure within different areas of the business.
- Focused and strategic growth and development opportunities.
- Join Alcon’s mission to provide outstanding, innovative products and solutions to improve sight and improve lives!
- Work Hours: Standard Hours, Monday-Friday
- Travel Requirements: 5%
- Relocation assistance: No
- Sponsorship available: No
#LI-DNI
Alcon is an Equal Opportunity Employer and participates in E-Verify. Alcon takes pride in maintaining a diverse environment and our policies are not to discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity, marital or veteran status, disability, or any other legally protected status. Alcon is also committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please send an email to alcon.recruitment@alcon.com and let us know the nature of your request and your contact information.
