Encyclopaedia Britannica Inc.

Role: Senior Accountant

SPECIFIC DUTIES INCLUDE:

• Research and apply U.S. GAAP and IFRS technical accounting guidance or other accounting standards to support the accounting treatment of transactions, particularly when these may differ from local/statutory reporting requirements.

• Full accounting and general ledger responsibility includes preparation of standalone and consolidated financial statements for multiple asset origination entities.

• Perform month-end close duties as assigned accurately and on time, manage account reconciliations of balance sheet on a monthly basis, audit and review transactions related to all balance sheet accounts, ensure monthly reconciliations are reviewed by the Controller.

• Manage compliance and funding obligations in development loans, shareholder and partnership agreements, purchase and sale agreements, and other debt and equity financing documents, including management of borrowings, disbursements, consents, notices, and waivers to address emerging project matters.

• Responsible for cash flow forecasting for the next 12 months with the support of the Project team to drive overall company financials, prepare annual budget in US dollars, and foreign base currencies when needed.

• Conduct risk management for the project by reviewing agreements and managing the collection of payment verification to mitigate risks.

• Manage payment method options to include ACH, credit and debit cards, checks, and other forms of payment as applicable.

• Responsible for following up on outstanding problems with utilities and vendors.

Will work in Chicago, Illinois. Telecommuting/remote work allowed.

REQUIREMENTS:

Must have a Bachelor’s degree in Accounting or related plus five (5) years of experience in job the offered, accountant or related occupation.

Must have experience with:

(1) Consolidating foreign entities with different currencies.

(2) Compiling global consolidating financial statements.

(3) Knowledge with U.S. GAAP and IFRS technical accounting guidance or other accounting standards.

(4) Preparing global consolidating financial statements with at least 7 different subsidiaries and in at least 5 different currencies, including intercompany reconciliations and elimination entries.

(5) Reviewing and interpreting Payroll time tracking system data from editorial and product development groups to determine what time qualifies for balance sheet capitalization, including detailed analysis and communication across departments.

(6) Preparing licensing revenue entries including review of the relevant contracts and applying the correct accounting guidance to determine the revenue that has been earned.

Candidates must possess work authorization for their intended country of employment. Encyclopaedia Britannica Inc. offers a competitive compensation package with salary and bonus incentives, complete medical/dental/life insurance programs and 401k.