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Corporate Accounting Lead
At World Kinect Corporation "WKC" the Corporate Accounting Lead position embodies leadership within our collaborative company culture. As a pivotal figure in the team, you are someone who will assist in shaping our accounting function, fostering a culture of excellence and teamwork. You embrace growth opportunities, steering strategic initiatives, and imparting your expertise across various facets of our organization. This role is designed for a seasoned professional seeking to expand their strategic influence, contributing significantly to our company's success.
What You'll Do
In the capacity of Corporate Accounting Lead, you will be at the forefront of ensuring accurate financial reporting, compliance and strategic financial decision-making. This role requires a meticulous eye for detail, an understanding of US GAAP accounting principles, and the ability to navigate complex financial landscapes to include cash flow reporting, lease accounting, equity investments, mergers and acquisitions and the impacts of foreign exchange. Below is outline of how you will deploy your refined expertise to enhance and elevate the responsibilities associated with this position.
Role and Responsibilities:
Cash Flow Reporting
- Collaborate with the External Reporting team in the preparation of our quarterly cash flow statement in accordance with GAAP and company accounting policies, ensuring transparency and integrity of financial reporting
- Analyze cash flow variances for reporting to Senior Management on a quarterly basis
- Liaise with Corporate and Commercial Accounting to review and enhance various roll forwards that impact the cash flow workbook
- Direct responsibility and oversight for all cash flow related SOX controls
Lease Accounting
- Lead the ongoing compliance efforts related to ASC 842 lease accounting standards to include coordinating with cross-functional teams on reporting, assessing impact on financial statements and ensuring adherence to reporting requirements
- Oversee the identification, classification and measurement of lease arrangements through the utilization of our lease accounting software
- Maintain comprehensive lease accounting policies and procedures, ensuring alignment with ASC 842 guidelines, providing training as needed to finance and operational teams
- Direct responsibility for the operating lease roll forward and review of prepared lease accounting reconciliations
- Serve as the primary point of contact for internal, external and statutory auditors, providing support and documentation during audits
Other Responsibilities
- Work with a diverse and talented accounting team with an eye towards process improvement.
- Leads and directs the work of other employees (even if not direct supervisor).
- Assist with the development of detailed accounting controls, policies and procedures, and the modernization and periodic updates of the existing global accounting policies.
- Analyze and review financial information for accuracy.
- Review the Company's financial statements and the completion of the quarterly close checklists for assigned areas.
- Assist with various special projects, tasks and processes.
- A mindset to digitize existing month-end close processes.
Who You Are
- You're humble, work well with others, and are hungry to achieve success. You bring a good balance of confidence and modesty, genuinely care about the team's goals, and willingly collaborate. You are reliable, adaptable, and are a valuable contributor to the team's overall success.
- You're a passionate problem-solver, fueled by a love for diving deep into facts and uncovering opportunities for improvement.
- You also love to stay on top of your craft and utilize all the tools WKC as at your disposal for continuous education, and you absorb new knowledge quickly and eagerly.
- You are someone who likes to continue to advance in your career and open to the many career opportunities the company offers.
- Direct responsibility for the monthly accounting for investments, ensuring accurate and timely reporting of transactions in accordance with GAAP and company policies
- Liaise with Technical Accounting in the preparation of the accounting for acquisitions as needed
- Serve as the primary contact for external auditors, providing support and documentation during audits for all investments and acquisitions
- A key leader in the monthly general ledger closing with a focus on "below the line" accounts and respective balance sheet accounts.
World Fuel Services is an Equal Opportunity Employer (EOE) committed to workplace Diversity.