Senior Accounting Manager

3 weeks ago

Mississauga, Canada undisclosed Full time

At Bayer we’re visionaries, driven to solve the world’s toughest challenges and striving for a world where ‘Health for all, Hunger for none’ is no longer a dream, but a real possibility. We’re doing it with energy, curiosity and sheer dedication, always learning from unique perspectives of those around us, expanding our thinking, growing our capabilities and redefining ‘impossible’. There are so many reasons to join us. If you’re hungry to build a varied and meaningful career in a community of brilliant and diverse minds to make a real difference, there’s only one choice.

Senior Accounting Manager & Business Partner

The Senior Accounting Manager & Business Partner is responsible for managing local accounting operational and reporting activities, internal control effectiveness of Bayer Canada legal entities, as well as establishing and managing relationships with Bayer local and global business partners.

Reporting directly to the Local Head of Accounting, the Accounting Manager & Business Partner is responsible for financial reporting of Bayer Inc. Pharmaceutical (PH) and Consumer Health (CH) businesses. This requires in-depth accounting expertise as the basis for operational and strategic decision making and compliance with local legal and accounting regulations. This role requires close collaboration with other local, regional and global accounting stakeholders, as well as partnering and advisory to each business division.

The incumbent is responsible for driving and overseeing day to day balance sheet and income statement activities, monitoring and analyzing financial and accounting data, and ensuring timely and accurate information in the production of financial statements. They must establish and ensure proper accounting methods, policies, and principles through a strong understanding of International Reporting Financial Standards (IFRS), internal guidelines, and reporting tools (e.g., SAP).

This is a permanent position located at Head Office, Mississauga, ON.

What you will do:
  • Manage all accounting activities for legal entities in scope, including, but not limited to, General Ledger Accounting, Asset Accounting, Pension Accounting, Internal Accounting.
  • Exercise professional judgement in assessing relevant financial data quality (plausibility checks) and organize corrective measures if necessary.
  • Partner on relevant and material accounting topics with local Business functions, Global Accounting and Shared Service Finance teams to ensure end-to-end effectiveness and integrity of financial information.
  • Execute month-end General Ledger close and internal control processes, ensuring timely delivery of financial statements and provide information for consolidation.
  • Manage consolidation tool validation, reconcile statements, prepare OMI and comments, identify and solve issues along with preparing adjusting entries.
  • Develop and deliver timely and accurate Flux analysis of monthly, quarterly, and annual financial results and present meaningful insights to key local and above-country stakeholders.
  • Prepare and report Bayer Inc. and Bayer Holding Co. year-end financial statements for Board of Directors and other management reporting.
  • Implement accounting procedures and processes in accordance with IFRS and internal guidelines and ensure compliance. Identify, review gaps and develop recommendations.
  • Partner with core business functions to assess accounting impacts, risks and requirements.
  • Develop accounting treatment judgments, as well as provide leadership and accounting expertise for complex topics such as financial instruments, goodwill & impairment, pensions, and M&A related transactions.
  • Collaborate with the Tax team on various tax reporting requirements, deliver responses to CRA inquiries and other Tax relevant requests.
  • Lead and plan financial audit efforts, related testing activities and represent Bayer Canada entities in global audit meetings and interactions with external auditors, including resolving all queries.
  • Ensure adherence to ICS reporting processes, conduct ICS testing and maintain up to date and relevant documentation.
  • Contribute to Pension Statements preparation and audit, including revising notes based on FSCO and IFRS changes, changes in investment managers and SIPP guidance.
  • Assess all new capital projects for international and internal reporting compliance.
  • Drive efficiencies and promote innovative ways of working via cross-functional collaboration and meaningful project contributions.
Who you are:
  • Bachelor’s degree in accounting or related field with 8-10 years of professional experience in Accounting, Finance, Controlling, Auditing or similar fields.
  • CPA Designation.
  • Strong IFRS technical accounting background.
  • Excellent written, verbal communication and presentation skills.
  • Highly organized and meticulous in planning and execution.
  • Competence to grasp complex subject matters and deduce operational activities. Advanced SAP/Analysis for Office/BI knowledge.
  • Experience working in highly matrixed organizations and collaborating with global and Shared Service teams.
  • Outcome focused, proactively collaborates with accountability and co-creates solutions with transparency.
  • Acts and learns quickly, while delivering concrete results on time.
  • Respects differences and embraces inclusion through actions and behaviours.
What we offer:

Competitive compensation and rewards package. Collaborative, diverse and inclusive culture. Career development and global opportunities.

Work-life flexibility programs such as flex hours, employee discounts, volunteer days, wellness, and other employee offerings.

Bayer is committed to fostering, cultivating and preserving a culture of Inclusion and Diversity. We embrace and encourage our employees’ differences and believe that our people are our most valuable asset. The collective sum of individual life experiences, knowledge, innovation, self-expression, unique capabilities that our employees invest in their work represents our culture, reputation, and Bayer’s values and purpose.

All referral candidates must first be submitted via our internal referral system by a current Bayer employee in order to participate in the referral program. Once a Bayer employee has successfully referred you in our system, you will receive an automated email with instructions on how to complete your application.

Location:

Division:

Enabling Functions

Reference Code:

832996

Job Segment: Compliance, Pharmaceutical, Accounting, ERP, SAP, Legal, Science, Finance, Technology

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