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Director, Accounting & Reporting Advisory

Company: Stout
Location: Cleveland
Posted on: June 8, 2024

Job Description:

At Stout, we're dedicated to exceeding expectations in all we do - we call it Relentless Excellence . Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team.General Purpose:Seeking a full-time Director to join a growing Accounting & Reporting Advisory practice. The Director/Leader will oversee advisory engagements for private equity and corporate clients in an industry agnostic environment. Accounting & Reporting Advisory team members engage in a variety of projects, working alongside management (e.g., Chief Financial Officer, Chief Accounting Officer, Controller, Director of Technical Accounting / Financial Reporting, etc.), board members, operations leaders, and their teams to drive each client company's success and growth. As a member of the ARA practice you will:

  • Provide guidance and training to finance and accounting teams on various accounting standards, address complex accounting issues, and facilitate the client's understanding of relevant regulations
  • Develop and implement accounting policies and procedures
  • Prepare technical accounting memoranda and supporting schedules related to business combinations (e.g., ASC 805 technical memo and closing-to-opening balance sheet)
  • Conduct business process assessments relative to leading practices and develop business processes for the successful execution and management of large capital projects
  • Oversee day-to-day accounting operations for clients, including, but not limited to, preparation of accurate and timely financial statements and disclosures, or other technical accounting analyses (e.g., memoranda, supporting schedules, required journal entries, etc.)
  • Assist with due diligence review of target companies to identify financial risk associates with business combinations
  • Prepare and review account reconciliations and communicate with client vendors
  • Actively participate in business development, including client pursuits and proposalsThe selected candidate will be an entrepreneurial self-starter, who is interested in participating in growth of service line within the established firm.Knowledge, Skills, and Abilities:
    • Strong organizational skills
    • Relationship-focused (with clients, peers, management, etc.)
    • Positive and enthusiastic attitude
    • Excels in a team-oriented work environment
    • Shows creativity in problem solving
    • Accountability and ability to multi-taskEducation and/or Training:
      • Bachelors of Master's Degree in Accounting
      • CPA Required
      • Extensive consultative technical accounting experience with a focus on business combinations (ASC 805), revenue recognition (ASC 606), and working knowledge of leases (ASC 842)
      • 10+ years of experience, with a minimum of four (4) years working in an accounting advisory / consulting capacity
      • 5 years of relative experience of relative middle market experience or acquisitive client base #LI-CM1Why Stout? Our goal is to provide a comprehensive Total Rewards program that includes competitive compensation, benefits & wellness programs that allows employees to choose what's most important to them at any life stage. At Stout, we are committed to the personal and professional development of our employees while fostering a diverse and inclusive environment.Stout Culture: We honor the fundamental value and dignity of all individuals. We are committed to representing and including the unique experiences, perspectives, and backgrounds of our people, partners, and the communities we serve. Our core values embrace a culture of inclusion and the equitable treatment of all team members, starting with Stout's leadership and spreading across the organization. We strive to recruit, develop, and retain individuals with an array of talents, ideas, and experiences that propel the entrepreneurial spirit and exceptionalism that drive our success. To learn more about our commitment to diversity, equity, and inclusion, click .Professional Development: To foster employee development we offer ongoing training and learning opportunities, employee resources groups, mentorship programming, and professional designation reimbursement. We believe in timely and proactive performance excellence, ongoing 360 feedback, clear performance expectations at each level, and quarterly check-ins with your manager ensure you are supported and growing your career.Stout Benefits : Stout offers a variety of benefits to meet the ever-changing needs of our employees throughout their career at Stout. View our to see what this can look like for you. Flexible Work Schedules: Work-life balance is important to us and we want our employees to have balanced lives, which is why we have a discretionary time off policy for all salaried exempt employees. This gives you the ability to take time off as appropriate.The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.Stout is an Equal Employment Opportunity / Affirmative Action employer.All qualified applicants will receive consideration for employment on the basis of valid job requirements, qualifications and merit without regard to race, color, creed, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, physical or mental disability, age, protected genetic information, protected veteran status or any other characteristic protected by applicable local, state or federal law.Stout values a diverse workforce and strongly encourages women, people of color, members of the LGBTQ+ communities, veterans, people with disabilities and members of other underrepresented communities to apply.Interested in joining a rapidly growing group of bright, ambitious professionals in a work environment that values culture, diversity, and personal growth? Stout might just be the right place for you.For individuals assigned to work in California, Colorado, New York City, or Washington, Stout is required by law to include a reasonable estimate of the compensation range for this role. The range for this role considers several factors including but not limited to prior work and industry experience, education level, and unique skills. The disclosed range estimate has not been adjusted for any applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $120,000.00 - $300,000.00 Annual. This role is also anticipated to be eligible to participate in an annual bonus plan. Information about benefits can be found here - https://www.stout.com/en/careers/benefits.

Keywords: Stout, Cleveland , Director, Accounting & Reporting Advisory, Executive , Cleveland, Ohio

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