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Career Opportunities at SJF Portfolio Companies

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Senior Manager, Technical Accounting - Acquisition Support

Perishable Shipping Solutions

Perishable Shipping Solutions

IT, Accounting & Finance, Customer Service
Novi, MI, USA
Posted on Oct 16, 2024
Lineage is seeking an experienced and highly motivated Senior Manager of Technical Accounting with a focus on Global Acquisition Accounting and Support. In this role, you will primarily be responsible for managing the accounting aspects of mergers and acquisitions, including due diligence, purchase price allocation (PPA), and initial integration into the company’s accounting policies and internal controls. This is a key leadership role reporting to the Senior Director, Technical Accounting and Reporting offering a unique opportunity to support the growth and strategic objectives of the organization.

Key Responsibilities:

  • Acquisition Accounting: Lead the technical accounting process for acquisitions, including writing whitepapers, purchase price allocations, fair value assessments, and the development of opening balance sheets.
  • Due Diligence Support: Collaborate with cross-functional teams (legal, finance, tax, and operations) to provide technical accounting guidance during the due diligence phase of M&A transactions.
  • Valuations: Coordinate with external valuation experts to ensure timely and accurate completion of required valuations (tangible and intangible assets) in line with applicable accounting standards.
  • Integration: Ensure acquired businesses are integrated into the Company’s financial reporting structure, adhering to Company policies, GAAP, and SOX controls.
  • Policy & Control Implementation: Support the creation and enforcement of company-wide accounting policies and internal controls for newly acquired entities, ensuring compliance with all relevant regulations.
  • Financial Reporting: Collaborate with the financial reporting team to ensure timely and accurate reporting of acquisition-related financial statements and disclosures.
  • External Auditors: Act as a key point of contact for external auditors during acquisition-related audits, providing necessary documentation and addressing any inquiries.
  • Post-Acquisition Support: Lead the technical accounting efforts for post-acquisition adjustments, ensuring smooth financial integration.
  • Cross-functional Collaboration: Work closely with various global departments including Legal, Finance, Tax, Treasury, and Business Development to ensure alignment and accuracy in the acquisition process.
  • Special Projects: Lead or participate in special projects related to mergers, acquisitions, and other technical accounting matters as needed.

Qualifications:

  • Education: Bachelor's degree in Accounting, Finance, or related field; CPA required.
  • Experience:
    • Minimum of 7-10 years of experience in technical accounting, with a strong focus on acquisition-related accounting.
    • Experience with mergers, acquisitions, due diligence, and purchase price allocations.
    • Big 4 public accounting firm experience is highly preferred.
  • Skills & Competencies:
    • Deep knowledge of U.S. GAAP, specifically related to acquisition accounting, business combinations (ASC 805), and financial reporting.
    • Strong analytical and problem-solving skills.
    • Ability to manage multiple projects and deadlines in a fast-paced environment.
    • Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams and senior management.
    • Strong leadership and team management experience.
  • Software Proficiency: Familiarity with Workday.

Why Lineage?

This is an excellent position to begin your career path within Lineage! Success in this role enables greater responsibilities and promotions! A career at Lineage starts with learning about our business and how each team member plays a part each and every day to satisfy our customers’ requirements. Beyond that, you’ll help us grow and learn on our journey to be the very best employer in our industry. We’ll ask you for your opinion and ensure we do our part to keep you developing and engaged as we grow our business. Working at Lineage is energizing and enjoyable. We value respect and care about our team members.

Lineage is an Equal Employment Opportunity Employer and is committed to compliance with all federal, state, and local laws that prohibit workplace discrimination and unlawful harassment and retaliation. Lineage will not discriminate against any applicant on the basis of race, color, age, national origin, religion, physical or mental disability or any other protected status under federal, state and local law.

Benefits


Lineage provides safe, stable, reliable work environments, medical, dental, and basic life and disability insurance benefits, 401k retirement plan, paid time off, annual bonus eligibility, and a minimum of 7 holidays throughout the calendar year.