Consolidation & Financial Reporting Senior Accountant at Renaissance (Minneapolis, MN)
When you join Renaissance®, you join a global leader in pre-K–12 education technology.
Renaissance’s solutions help educators analyze, customize, and plan personalized learning paths for students, allowing time for what matters—creating energizing learning experiences in the classroom. Our fiercely passionate employees and educational partners have helped drive phenomenal student growth, with Renaissance solutions being used in over one-third of US schools and in more than 100 countries worldwide.
Every day, we are connected to our mission by exemplifying our values: trust each other, win together, strive for the best, own our actions, and grow and evolve.
The primary duties will center around external and internal financial reporting and consolidations. The duties will also include supporting the researching and detailing accounting positions on technical or sophisticated transactions such as acquisitions and derivatives.
This role will report to the financial accounting director. The candidate should have a strong interest in GAAP accounting, consolidations, and have an aptitude for grasping ASC concepts. The position will require some involvement in day-to-day accounting matters such as reviewing or preparing more technical account reconciliations or journal entries. Candidate needs to be effective at pacing teams to meet deadlines, while also supporting accuracy and attention to details. Candidate must be an effective communicator.
Crucial Functions and Responsibilities:
Assist with financial statement preparation, including balance sheets, income statements, cash flows, shareholders’ equity and disclosures; accurately and on a timely basis
Prepare and maintain schedules to support financial documents
Assist with preparing the annual report, including updating the financial documents and footnote disclosures.
Support the Company’s external auditors performing control testing, quarterly reviews and the annual audit; ensure goals are met during the core audit both at interim and year-end
Assist in consolidating subsidiary financial information such as statements of cash flows and long-lived asset rollforwards
Prepare or assist in preparing additional monthly and quarterly reporting, including debt covenant compliance and key business metrics.
Take ownership of daily accounting in certain accounting areas such equity or debt.
Prepare and/or review journal entries and account reconciliations relating to specific areas such as debt and equity
Support in the researching and implementing of technical accounting interpretations and pronouncements such as ASC 842. This may involve ticking and tying of valuation reports or review of complex/detailed calculations.
Assist in ensuring the GL team is in compliance with internal policies and procedures
Support in ensuring the accounting policies are current and adequately detailed.
Proven understanding of US GAAP, including software capitalization, revenue recognition (ASC 606), share-based compensation, consolidation accounting, accounting for international operations, foreign exchange issues and purchase accounting
Collaborate with operational accounting and cross-functionally with other teams to develop, strengthen and maintain the integrity of the financial reporting process and internal controls over the financial reporting process.
Collaborative professional with a “roll-up his/her sleeves” demeanor, who supports and promotes a team effort and celebrates team successes
Complete projects and other duties as assigned
Key partner with the Tax, Treasury, and Financial Planning and Analysis teams
To perform this job optimally, an individual need to perform each crucial function satisfactorily. In accordance with applicable laws, Renaissance Learning will provide reasonable accommodations that do not create an undue burden so disabled employees may perform the essential functions of the position.
Education & Experience
Bachelor’s degree from an accredited college in accounting or finance, and
Minimum 3 years of relevant financial accounting experience (SEC reporting experience strongly preferred), OR
2+ years of experience in public accounting (Experience auditing SEC reporting companies strongly preferred)
Equivalent combination or education and experience
Strong technical accounting skills with demonstrated solid understanding of accounting and finance principles and practices.
Certificates, Licenses, Registration
Active CPA or CMA designation preferable
All your information will be kept confidential according to EEO guidelines.