Sr Mgr of Global Financial Reporting

Requisition ID:  30929  

At Terumo Blood and Cell Technologies, our 7,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world.

We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve.

With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Consider joining our team and unlock your potential. 

JOB TITLE:  Senior Manager, Global Financial Reporting

JOB SUMMARY

Position provides direction and comprehensive leadership in a changing/emerging environment to compile and report consolidated financial results for Terumo BCT and Terumo’s Global Blood Management segment to the parent company, internal management and external parties.  The Position also provides direction and leadership with regard to the maintenance, monitoring and enhancements to various financial systems.   

ESSENTIAL DUTIES

• Manage and develop direct reports and staff within Global Financial Reporting team, providing leadership, as well as, the setting of appropriate objectives. To identify gaps in the knowledge of team members and to put in place training systems and processes to ensure the entire team can operate as an effective unit, providing the highest level of support to this post and to its customers.
• Oversees and directs the preparation of consolidated financial statements and submission to the Parent company, as well as related detailed financial and statistical reports and analysis. Terumo BCT consists of approximately 30 legal entities across the globe using multiple foreign currencies.
• Maintain and improve internal and external results reporting, including oversight of changes to the various BPC models and SAP Reports, as well as input to Business Warehouse (BW) Sales Reporting.
• Develops, maintains, and monitors financial systems and processes to ensure integrity in accordance with International Financial Reporting Standards and Terumo BCT accounting procedures.
• Oversees  the preparation of the monthly Performance Analysis Reports sent to the company’s internal management and the parent company, which is the main comprehensive monthly financial report issued by the Finance group.
• Primary financial reporting contact for parent company in Japan.  Addresses inquiries by answering or gathering answers and reporting back to the parent company. 
• Provides leadership on various reporting projects.  Current projects include Project Manager on the Geographic See- Through P&L Project in BPC, and Core Team member of the Customer Centric Initiative Project, with a role as Finance lead on the development of systematic customer P&Ls.
• Monitors global periodic financial close process by judging adherence to guidelines for timeliness and accuracy and publishing a monthly Global Close Process Scorecard.
• Manages external auditors (KPMG) during quarterly reviews and annual audit.
• Oversees the preparation of supporting schedules and analysis for quarterly reviews and annual audit.
• Performs and oversees certain internal controls related to both financial reporting and IT general and application controls (including segregation of duties) to ensure compliance with Japanese internal control requirements (“J-SOX).
• Determines accounting policy and application to discrete events issues, such as business acquisitions and other non-routine events.  Provides guidance to global accounting associates on accounting issues resolution and recording of  transactions.
• Conducts technical accounting research as needed.

MINIMUM QUALIFICATION REQUIREMENTS

Education

• Bachelor's Degree in Accounting or related field.   

Experience

• 10 years of relevant experience. 
• Experience working in an international organization with specific experience consolidating international subsidiaries with multiple foreign currencies.
• Experience with a consolidation system, such as BPC or Hyperion.
  • Experience with SAP ERP system a plus.
• Experience in public accounting viewed favorably, but ideally in combination with industry experience.

Skills

• Ability to work cooperatively and collaboratively with all levels of associates and management, including senior leaders at the Executive/Senior Vice President, Vice President and Director levels.
• Self-directed individual with strong motivation and willingness to take initiative.
• Demonstrated technical knowledge of accounting standards and practices.  Prefer working knowledge of International Financial Reporting Standards (IFRS), but a strong US GAAP background may by adequate with the right combination of experience.
• Demonstrate leadership including mentoring, educating and training others
• Strong interpersonal skills, team oriented and willingness to learn
• Strong analytical and problem solving skills.
• Knowledge and use of relevant PC software applications (including Microsoft Office applications such as Excel and Power Point) and skills to use them effectively.
• Demonstrated ability to communicate effectively both verbally and in writing at all organization levels, globally.
• Effective leadership skills with proven ability to lead projects with strong organizational and time management skills. 
• Demonstrated ability to manage complex projects while successfully meeting deadlines, schedule constraints and project objectives.

• -Or-

An equivalent competency level acquired through a variation of these qualifications may be considered.

Certificates, Licenses, Registrations

• CPA preferred, or clear progress toward CPA certification.
  • Inactive status of CPA license may be acceptable

PHYSICAL REQUIREMENTS

Typical Office Environment requirements include: reading, speaking, hearing, close vision, walking, bending, sitting, and occasional lifting up to 20 pounds.

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential duties of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

Target Pay Range:  $140,000.00 to $175,000.00  -  Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data
Target Bonus on Base:  20.0%

At Terumo Blood and Cell Technologies, we provide competitive total reward offerings that consist of compensation, benefits, recognition, along with a wealth of other well-being, work-life and recognition programs which support in unlocking the potential for you and your family. Included in our expansive list of benefits offerings are multiple group medical, dental and vision plans, a robust wellness program, life insurance and disability coverages, also a variety of voluntary programs such as group accident, hospital indemnity, critical illness, pet insurance and much more. To help you save for retirement, we offer a 401(k) plan with a matching contribution and for work-life balance we have vacation and sick time programs for associates. For us, it’s about protecting the personal welfare of our associates and their families, helping to achieve personal goals and offering those extra touches for convenience, security and overall peace of mind.

• Terumo Blood and Cell Technologies is part of Terumo Group, founded in 1921 and headquartered in Tokyo, Japan.
• In 2019, Terumo Blood and Cell Technologies reached $1 billion in revenue.
• We employ nearly 7,000 associates globally, with global headquarters in Lakewood, CO, U.S., and regional headquarters in Brussels, Buenos Aires, Singapore and Tokyo.
• We manufacture devices, disposable sets and solutions at our facilities in Belgium, India, Japan, Northern Ireland, the U.S. and Vietnam. Our global presence enables us to serve customers in more than 130 countries.
• Our core values help set our direction, guide our actions and keep us true to our corporate mission of contributing to society through healthcare.
  • Respect – Appreciative of others
  • Integrity – Guided by our mission
  • Care – Empathetic to patients
  • Quality – Committed to excellence
  • Creativity – Striving for innovation
• We contribute to the Leukemia and Lymphoma Society (LLS), raising $1.3 million USD since 2007.

We are proud to be an Equal Opportunity Affirmative Action Employer.  All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, gender identity or expression, sexual orientation, marital status, order of protection status, national origin or ancestry, citizenship status, age, physical or mental disability unrelated to ability, military status or an unfavorable discharge from military service.

Terumo Blood and Cell Technologies is committed to providing a safe, healthy and secure working environment. Our Colorado campus locations are tobacco-free workplaces and we maintain a drug-free workplace and perform pre-employment substance abuse testing and detailed background verification. Absent accommodation permitted by applicable law, as a condition of employment with Terumo Blood and Cell Technologies in the United States you must be fully COVID-19 vaccinated and provide valid proof of vaccination to the company.