Senior Manager
Sonoco Products Company · Hartsville, South Carolina · Hybrid
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Assess complex technical accounting issues, develop policies, support external reporting and lead implementation for a manufacturing company.
Worth knowing: Must be willing to travel as needed.
From a small family business to a multi-billion-dollar global company, Sonoco has been changing the face of products and packaging since 1899 — all while keeping the heart of “People Build Businesses” alive. Our talented people are at the core of our growth, constantly reinventing the Sonoco wheel with brilliant solutions every year. Today we are a world leader in global packaging solutions with diversified operations in over 34 countries. We're extremely proud of our portfolio of brands, our achievements in sustainability and industrialization and the groundbreaking work accomplished by our people. While reporting to the Sr. Director - Corporate Controllership, the Technical Accounting Lead will include assessing accounting judgments, developing accounting policy and managing cross-functional projects. What you'll be doing: Identify and assess technical accounting issues in complex business transactions and prepare technical memorandums. Work closely with various business leaders to provide guidance on accounting transactions. Own the process of writing, revising, and/or reviewing the Company's written accounting policies and providing guidance throughout the organization on the application of such policies. Understand current changes to accounting standards, SEC guidance and PCAOB regulations. Perform impact analysis of new accounting pronouncements (as needed) and lead implementation efforts across the Company. Research and resolve technical accounting issues on a timely basis with the Company's external auditors. Support the Company's external reporting function, ensuring that the financial statements and disclosures are in conformity with the accounting principles generally accepted in the US. Assist with internal and external audits to ensure complete, timely, and accurate responses to information requests. Assist deal teams with pre and post deal-closure activities namely, evaluating accounting implications on various acquisition and disposition transactions pre-close; post deal-close, work with the Corporate Development team and external consultant on performing purchase price accounting exercise. Lead annual impairment analysis for all critical asset categories on the balance sheet i.e., goodwill, long-lived assets (PP&E, leases, intangibles), joint ventures, and other cost method investments.
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