Lead, Accounting and Financial reporting

Lead, Accounting and Financial Reporting

Deloitte Services LP includes internal support areas such as Sales Excellence, Marketing and Communications, Human Resources/Talent, Information Technology, Facilities Management, and Financial Support Services.

Work you'll do

The Lead will bring an agile, innovative, and entrepreneurial mindset that will enable them to partner with senior management in the business and/or enabling areas (EA). They will work with a team of finance professionals focused on delivering all day-to-day accounting and controllership activities for their respective business or EA. The Lead will ensure that timely, accurate, and insightful financial information is provided to the appropriate business or EA stakeholders. To accomplish this, the Lead may also collaborate with Deloitte's Financial Planning and Analysis (FP&A) team, our Engagement Financial Advisor (EFA) organization, Global Finance Services (GFS), and other teams within the CAO's organization.

About the Team

Deloitte's Controllership function within its Finance & Administration organization provides stewardship over the US firms' assets by monitoring business transactions and setting accounting policy that results in accurate and reliable financial statements. Controllership is a dynamic, highly collaborative group focused on overseeing and supporting the financial health of the U.S. member firm and each of its functional subsidiaries.

Job Responsibilities

Organizational and financial accounting activities

• Accounting Policy, Risk and Controls
  • Coordinate within the team to act as a steward for the business, ensuring process controls are operating properly to maintain data integrity and financial information is reliable
  • Interpret and apply technical accounting on business transactions to ensure record amounts are consistent with US GAAP and firm policies
  • Understand and interpret the financial data to provide valuable insights that will help to anticipate and reduce risk (market, operational or credit-related risks), enhance financial integrity, and strengthen the overall financial health of the firm
  • Work with business stakeholders and EFAs to review and evaluate accounting transactions are consistent with respective policies
  • Escalate any risk, deviation, or issues with respect to policy and/or controls to Controllership leaders
  • Review and approve journal entries for transactions as policy guidelines
  • Assist in protecting assets by monitoring and enforcing policy and internal controls

• Financial Close and Reporting
  • Drive period, quarter, and year-end close process, ensuring compliance with appropriate policy and accuracy of financial information for both external reporting and internal management reporting
  • Perform financial statement analytics to identify transaction irregularities and potential misstatements in underlying general ledger accounts
  • Work with Finance Business Partners (FBPs), EFAs, and business stakeholders to review and take appropriate actions on accruals, journal entries and other accounting transactions
  • Ensure that Controllership senior management is aware of status of close activities, any major risks/issues identified and the accompanying recommended actions
  • Collaborate closely with GFS to review various activities related to financial reporting, accounts receivables, accounts payable, and controllership support to deliver accurate and timely financial reports for their respective business or EA

• Process Improvement
  • Create desktop procedures to formalize core controllership processes and create a baseline for knowledge transfer and process transformation
  • Coordinate within the team to identify opportunities for process improvement and streamline efficiency
  • Coordinate within Transformation Leads to drive process automation and other transformation projects

• Operational Excellence
  • Support Controllership senior management in executing process improvement opportunities to improve efficiency, increase digitization, and enhance value created and delivered by Controllership organization
  • Monitor quality standards for Controllership deliverables/reports owned by the team and ensure that junior members of the team meet or exceed them
  • Identify and escalate any system issues affecting financial data accuracy

• Demonstrate strong interpersonal skills by developing relationships with Controllership senior management to serve as a trusted partner who excels in supporting the business or EA
• Develop intricate knowledge of the business or EA to ensure policies can be applied effectively
• Ensure stakeholders across FP&A, EFA, GFS and other groups within CAO organization are informed and engaged in the execution of Controllership activities
• Support the senior management in analyzing and reviewing the financials
• Partner with peers within and across other business or EA Controllership teams to share ideas and collaborate on ways to improve Controllership processes

• Leverage professional development opportunities to address feedback provided by team leaders
• Adopt a process improvement mindset and a risk intelligent culture to be more effective in delivering Controllership services
• Build subject matter expertise and share with team members through formal (e.g. developing and deliver training) and informal avenues

• Bachelor's degree in Accounting, Finance, or related subject
• CPA and/or MBA preferred

• 5+ years of relevant Finance experience, preferably in a professional services firm
• Understanding of GAAP
• Big4 experience (preferred)

• Ability to understand and support application of applicable areas of operational accounting and technical accounting
• Ability to adapt and respond to change and uncertainties
• Partnering/collaborating with senior management and leadership
• Working in virtual teams
• Business process improvement
• Business writing & communication skills
• Problem solving skills
• Quality and risk management
• Project management
• Ability to challenge the status quo
• Serve as a catalyst to drive forward initiatives critical to delivering the business' strategy

• Understanding and proficiency of SAP and other financial applications
• Understanding and proficiency of PowerBI, Tableau, and other data visualization applications
• Advanced knowledge of Microsoft Office suite including Excel and PowerPoint
  
• Limited immigration sponsorship may be available