Experience Inc. Jobs

Technical Accounting and Financial Reporting Specialist – Finance & Administration

New York, NY

Posted Jun 26, 2024 - Requisition No. 126191

The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen.

What's the role?

At Bloomberg Finance, we are committed to providing world class support to our business partners by providing insight on business performance, financial oversight and thought leadership.

The Chief Accounting Office (CAO) is responsible for preparing and maintaining the integrity of the financial statements and other financial information relating to the Company, including the adequacy and effectiveness of the Company’s internal control over financial reporting (ICFR). The CAO team partners closely with other areas across finance, risk and the business to help ensure our financial disclosures are robust and we are constantly evolving as new requirements, including regulatory and customer driven expectations, come into effect. We are seeking a candidate to join our Technical Accounting and Financial Reporting team. The successful candidate will be responsible for ensuring compliance with technical accounting interpretations and disclosure requirements for our financial statements. The role requires a deep understanding of US GAAP and IFRS accounting principles and disclosure matters, strong analytical skills and the ability to effectively communicate complex concepts to various stakeholders, including our external auditors.

WE'LL TRUST YOU TO:

• Conducting US GAAP and IFRS technical accounting research for complex transactions covering US and global operations including, but not limited to, purchase accounting, revenue recognition, leasing, fixed assets, goodwill and other assets impairments, investments, and fair value measurements.

• Serving as an accounting liaison for acquisitions / dispositions, other special projects and as a primary contact for purchase price allocations, other fair valuation projects, as well as ongoing goodwill and asset impairment tests.

• Implementing and maintaining internal controls over technical accounting research process including research databases, monthly business and senior management communications, as well as internal controls over financial reporting with active participation in process improvements.

• Ensuring timely resolution of technical accounting matters which will require significant interaction and coordination with CFOs, operational accounting staff, tax and treasury teams

• Keeping abreast of new accounting guidance and other rules and regulations, leading implementation of new accounting standards and impact assessment and implementation, including implementation of new guidance on current expected credit loss and reference rate reform.

• Leading training on US GAAP and IFRS matters across the organization

• Assisting in the review and preparation of quarterly and annual consolidated financial statements, including compilation of related footnotes, coordination and review of supporting materials, impact of recent transactions and new accounting changes.

• Assisting with the review of financial statements of certain US/Overseas subsidiaries and regulatory filings

• Assisting in updating and maintaining corporate accounting policies and procedures

• Assisting in miscellaneous accounting initiatives as assigned by management.

YOU'LL NEED TO HAVE:

• Bachelor’s Degree in Accounting

• CPA designation

• 7+ years of accounting experience required including at a public accounting firm

• Strong knowledge and understanding of U.S. GAAP

• Strong knowledge and understanding of IFRS

• Exposure to Merger & Acquisition due diligence activity

• Excellent written and verbal communications skills required for documentation of conclusions and regular reporting to senior management and business teams on the accounting positions and policies from the financial statements perspective as well as for budgeting and management reporting purposes.

• Self-starter and ability to work independently and within a team environment

• Strong leadership behavior and ability to lead by influence

• Excellent interpersonal skills and ability to build relationships

• Demonstrates flexibility in prioritizing and completing tasks

WE’D LOVE TO SEE:

• Experience in both public and private sector

• Experience working with multi-currency accounting platforms such as SAP and running reports

Does this sound like you?

Apply if you think we're a good match. We'll get in touch to let you know that the next steps are, but in the meantime feel free to have a look at: https://www.bloomberg.com/company/what-we-do/

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMERrecruit@bloomberg.net (mailto:AMERrecruit@bloomberg.net) (Americas), EMEArecruit@bloomberg.net (mailto:EMEArecruit@bloomberg.net) (Europe, the Middle East and Africa), or APACrecruit@bloomberg.net (mailto:APACrecruit@bloomberg.net) (Asia-Pacific), based on the region you are submitting an application for.

Salary Range: 155,000 - 175,000 USD Annually + Benefits + Bonus

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.