Sr. Director Corporate Accounting & External Reporting

HUNT VALLEY, MD, US, 21031

You may know McCormick as a leader in herbs, spices, seasonings, and condiments – and we’re only getting started. At McCormick, we’re always looking for new people to bring their unique flavor to our team.

McCormick employees – all 14,000 of us across the world – are what makes this company a great place to work.

 

We are looking to hire an Sr. Director Corporate Accounting & External Reporting immediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland. 

 

What We Bring To The Table:

The best people deserve the best rewards. In addition to the benefits you’d expect from a global leader (401k, health insurance, paid time off, etc.) we also offer:

• Competitive compensation

• Career growth opportunities

• Flexibility and Support for Diverse Life Stages and Choices

• Wellbeing programs including Physical, Mental and Financial wellness

• Tuition assistance

 

Position Overview 

McCormick & Company Incorporated is a global leader in flavor with over $6.5 billion in annual sales across 150 countries and territories. This role is responsible for the SEC and ESG external reporting functions, certain corporate accounting functions, technical accounting policy and application, and support of complex transactions including acquisitions.  This role will have two direct reports with a full team of nine accounting/finance professionals and will report directly to the VP Assistant Controller. This role has exposure to the global finance organization and regularly presents to Senior Finance and Sustainability leadership.    

 

Key Responsibilities  

  • Lead the external SEC reporting function including oversight of quarterly 10Q and annual 10K filing process. Support other SEC filings including Proxy and 8-Ks. 

  • Direct the preparation of SEC filing drafts and present to senior leadership oversight committees. 

  • Oversee execution and management of quarterly external reporting key financial controls and assess disclosure risk of processes and transactions. 

  • Ensure team stays current on new SEC guidance and disclosure requirements. 

  • Monitor risks and exposure related to impairment, segment reporting, and non-GAAP disclosures.     

  • Oversee accounting functions for high-risk areas including stock-based compensation, derivatives, employee benefit plans and intangible asset and goodwill impairment assessments. 

  • Provide Finance oversight over US pension and SERP assets and liabilities (including pension assumptions) and certain other benefit plans. 

  • Oversee compilation of employee benefit plan financial statements and annual audit process. 

  • Manage relationships with valuation specialists. 

  • Manage forecasting process for these accounting functions.     

  • Partner with the business on significant transactions including acquisition and divestiture activity, financing arrangements, derivative and hedging activity, and equity transactions.  

  • Lead the research and assessment of complex accounting issues and obtain alignment with the Controller and external auditors. 

  • Oversee the evaluation of the impact of new accounting pronouncements and related implementation efforts.     

  • Oversee ESG reporting function including the governance around voluntary reporting efforts. 

  • Provide thought leadership on regulatory developments and ESG disclosure requirements. 

  • Partner with the sustainability team on readiness efforts for new regulation across our various jurisdictions. 

  • Assess resource needs as the regulatory environment evolves.     

  • Provide leadership and oversee management and talent development of ESG and SEC reporting team.   

  • Drive a process improvement culture across the team through innovation, automation and leveraging tools including artificial intelligence.      

 

Required Qualifications 

  • Bachelor’s degree in Accounting  

  • CPA required 

  • 12 years + experience with US GAAP accounting and SEC reporting. 

  • Combination of public accounting experience auditing SEC companies and corporate accounting roles at publicly traded companies preferred. 

  • In-depth knowledge of GAAP/IFRS and SEC financial reporting regulations/requirements. 

  • In-depth knowledge of the design and operation of a system of internal controls and compliance with Sarbanes-Oxley regulations. 

  • Strong background in assessing complex accounting issues and experience supporting acquisition transactions and purchase accounting valuation work. 

  • In-depth knowledge of matters impacting multi-national corporations, including currency translation and hedging, and intercompany eliminations preferred. 

  • Excellent communication and interpersonal skills. Ability to interact with senior leadership and present to governance functions and to work across functions and cultures. 

  • Ability to rapidly distill complex information and transform it into a concise and readily understandable message at all levels. 

  • Ability to influence without direct authority.  

  • Excellent team/personal leadership skills. 

  • Must demonstrate organizational intelligence in identifying decision makers/influencers. 

  • Demonstrated ability to build credibility and positive working relationships to effectively drive business objectives. 

  • Knowledge of SAP and HFM. 

  • Strong/concise written and oral communication skills. 

#LI-DNI

Base Salary: $166,360-299,450 

 

Base salary compensation will be determined based on factors such as geographic location, skills, education, experience for this role, and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormick’s Incentive Bonus (MIB) Plan/ McCormick’s Sales Incentive Bonus (SIB) Plan/ McCormick’s Dividend Program. In addition to a competitive compensation package, permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:  

- Comprehensive health plans covering medical, vision, dental, life and disability benefits  
- Family-friendly benefits such as paid parental leave, fertility benefits, Employee Assistance Program, and caregiver support  
- Retirement and investment programs including 401(k) and profit-sharing plans 

 

McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future. 

WHY WORK AT MCCORMICK?

United by flavor. Driven by results.

As a McCormick employee you’ll be empowered to focus on more than your individual responsibilities. You’ll have the opportunity to be part of something bigger than yourself—to have a say in where the company is going and how it’s growing.

Between our passion for flavor, our 130-year history of leadership and integrity, the competitive and comprehensive benefits we offer, and our culture, which is built on respect and opportunities for growth, there are many reasons to join us at McCormick.


Nearest Major Market: Baltimore