Sr. Director Corporate Accounting & External Reporting

Overview

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 in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland.

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

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.

• 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.

• 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…