Manager Consolidations

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose:

The Consolidations Manager position is a critical role within The Home Depot’s (the “Company’s”) Corporate Controllership Team (“Controllership”). This position has the primary responsibility for leading a team in ensuring accurate reporting across all of the Company’s legal entities, including financial statements at the end of each reporting period.  This position will serve as the subject matter expert in formulating governance, policies and leading practice over the legal entity reporting function.

The role provides leadership in the following areas: legal entity financial reporting; statutory financial statement review and audit coordination; compliance with accounting policies and SOX controls, as applicable; and leadership in understanding and review of key legal entity accounting areas, including intercompany-related transactions and eliminations, balance sheet and income statement variances, other comprehensive income, and the foreign exchange process, among others. 

The role will also work with business partners to develop an understanding of the legal entity landscape at the Company and ultimately lead the design and planning for the legal entity forecast. The individual in this role must be comfortable with ambiguity, complex data, working cross functionally, and summarizing complex topics into easy-to-understand communications.

The Consolidations Manager will provide support to our accounting and finance partners in both generating meaningful financial data and the analysis of this data. Additionally, the role will work with cross functional teams to lead various initiatives to optimize reporting processes and strengthen internal controls over financial reporting. This position will further assist in leading the Consolidations team to automate and improve operational processes while creating innovative solutions to drive efficiency in month end close, legal entity financial statement preparation and analysis, intercompany reporting, and other accounting areas. This role will also support several strategic initiatives as the Company transforms the finance organization and moves to new digital platforms.

Key Responsibilities:

• Consolidation of Financial Information including foreign currency translation and intercompany eliminations
• Coordinate the closing process with subsidiary companies' management
• Development and supervision of Consolidations staff
• Perform analysis on subsidiary companies results and coordinate explanations of variances to plan and last year with their management.

Direct Manager/Direct Reports:

• Typically reports to Senior Manager of Consolidations
• Accountable for direct supervision of the work activities of others. In addition to personnel issues -- including selection, termination, performance appraisal and professional development of subordinates.

Travel Requirements:

• Typically requires overnight travel 5% to 20% of the time.

Physical Requirements:

• Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.

Working Conditions:

• Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications:

• Must be eighteen years of age or older.
• Must be legally permitted to work in the United States.

Preferred Qualifications:

• 5+ years of experience in Accounting, Finance, Business, or related field is preferred
• Bachelor’s or Master’s degree in Accounting. CPA is preferred
• Strong understanding of US GAAP
• Experience working with accounting and reporting of legal entities, process improvements, collaborating with cross functional teams, and evaluating processes
• Experience in a complex legal entity environment in a global organization
• Experience reviewing financial statements and public accounting experience is preferred
• Demonstrated leadership skills and strong ability to delve into details, analyze, and succinctly communicate findings and actions from findings
• The person in this role will be a dynamic leader with abilities to adapt quickly and lead through change

Minimum Education:

• The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.

Preferred Education:

• No additional education

Minimum Years of Work Experience:

• 5

Preferred Years of Work Experience:

• No additional years of experience

Minimum Leadership Experience:

• None

Preferred Leadership Experience:

• None

Competencies:

• Strong knowledge of US GAAP and SEC regulations
• Experience with consolidations of multi-national companies