Manager, Financial Reporting at LifeScan (Philadelphia, PA)

| Philadelphia, PA
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Job Description

With a vision to create a world without limits for people with diabetes, LifeScan is a world leader in blood glucose monitoring - globally more than 20 million people depend on OneTouch brand products to help them manage their diabetes. For over 35 years, LifeScan has had an unwavering commitment to improving the quality of life for people with diabetes by developing products defined by simplicity, accuracy, and trust. The business has worldwide hubs in Malvern, USA (Pennsylvania), Inverness, UK, and Zug, Switzerland.

The Opportunity:

LifeScan is recruiting for a Manager, Financial Reporting who will be reporting to the Global Corporate Controller. This position will be Hybrid and will be based out of Malvern, PA.

Job Focus:

LifeScan is searching for a Financial Reporting Manager to join the Global Accounting Controlling Team. This position is a key leader within the professional accounting organization and is responsible for a wide-range of financial reporting, technical accounting, and consolidation activities. The role has one direct report and frequently supervises third parties engaged to support specific project needs. The role will report to the Global Corporate Controller. This role will be Hybrid and will be based out of Malvern, PA.

Responsibilities will include:

Quarterly Financial Reporting

  • Monitor the monthly consolidation and elimination process within Hyperion Financial Management ("HFM")
  • Execute financial reporting review controls and ensure documentation is of high quality.
  • Draft quarterly financial statements and any new disclosures required.
  • Review other periodic financial reporting deliverables.

Global Statutory Financial Reporting

  • Coordinate all statutory financial reporting and audit deliverables for approximately 20 foreign entities.
  • Ensure various third-party support teams are fully aligned at each juncture in the process.
  • Provide varying levels of accounting, financial reporting, and audit support to each entity, in some cases acting as the controller.
  • Identify obstacles and proactively resolve to ensure filing deadlines are met timely.

Lease Accounting

  • Act as the Administrator of the Visual Lease lease accounting software.
  • Ensure Visual Lease and general ledger continuously remain synched.
  • Develop quarterly incremental borrowing rates for use within lease calculations.
  • Ensure a robust suite of internal controls addressing lease accuracy and completeness is operating effectively.
  • Review all manner of new contracts for embedded lease considerations.

Technical Accounting Other Projects

  • Provide support on technical accounting matters that arise by either drafting position papers or supervising the work of others.
  • Work directly with external auditors with the discussion and resolution of such matters.
  • Own certain complex accounting areas, such as defined benefit plan accounting and goodwill, including the documentation of annual controls and valuations.
  • Assess the impact of newly issues accounting pronouncements and document LifeScan's position.

Job Requirements

Requirements for this role include:

  • CPA is required.
  • A minimum of 6 years of audit and/or financial reporting experience is required.
  • Possesses strong technical accounting and analytical skills
  • Demonstrates an ability to manage global third parties effectively.
  • Strong financial analytical skills.
  • Hyperion Financial Management (HFM) software experience (preferred but not required).
  • Visual Lease accounting software experience (preferred but not required).


  • Bachelor's degree in Accounting required

If you want to be seen for the talent you bring to your work, be the driver of your own career, and work with others who share your passion for caring and success then this would be a fantastic role for the right candidate.

At LifeScan we value diversity and are proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
More Information on LifeScan
LifeScan operates in the Biotech industry. The company is located in Malvern, PA. LifeScan was founded in 2022. It has 1950 total employees. It offers perks and benefits such as 401(K). To see all 3 open jobs at LifeScan, click here.
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