What are the responsibilities and job description for the Manager, Financial Reporting position at Grainger?
Work Location Type: Hybrid
About Grainger:
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products and solutions delivered through innovative technology and deep customer relationships. Known for its commitment to service and award-winning culture, the Company had 2024 revenue of $17.2 billion across its two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenances, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment, Zoro.com offers customers access to more than 14 million products, and MonotaRO.com offers more than 24 million products. For more information, visit www.grainger.com.
Compensation
The anticipated base pay compensation range for this position is $101,300.00 to $168,900.00.
Rewards and Benefits:
With benefits starting on day one, our programs provide choice and flexibility to meet team members' individual needs, including: Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing. 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year. 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required. Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools. Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.
For additional information and details regarding Grainger’s benefits, please click on the link below:
https://experience100.ehr.com/grainger/Home/Tools-Resources/Key-Resources/New-Hire
The pay range provided above is not a guarantee of compensation. The range reflects the potential base pay for this role at the time of this posting based on the job grade for this position. Individual base pay compensation will depend, in part, on factors such as geographic work location and relevant experience and skills.
The anticipated compensation range described above is subject to change and the compensation ultimately paid may be higher or lower than the range described above.
Grainger reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion at any time, consistent with applicable law.
Position Details:
The Manager of External Financial Reporting will report to the Director of Financial Reporting within our Controllership function. As the Manager of Financial Reporting, you will manage the preparation of the quarterly financial statements, footnotes and Management's Discussion and Analysis reported in the quarterly Form 10-Q, and the annual report/Form 10-K, which involves working with external auditors to assist them in their review and audit of the Company's financial statements. You will also perform technical accounting research and ad hoc accounting analyses for senior management. You will assist in the preparation of the monthly consolidated financial statements including the balance sheet, income statement and cash flow statement working with BPC and SAP.
The work location is flexible (either Lake Forest or Chicago) and may work from home up to 50%.
You Will:
Lead the preparation of our consolidated financial statements and SEC reporting – i.e., statement of cash flows, quarterly and annual footnotes, disclosure checklist and related support
Manage a team of 4, including talent decisions
Prepare financial reporting for senior management including company results, performance measurement and analysis
Participate in the review, interpretation and analysis of goals, economic data and other management reports to assist leadership in evaluating performance
Research technical accounting matters and SEC requirements to assist with company-wide implementation of new accounting pronouncements and reporting requirements
Execute internal controls, maintain documentation, and support audit testing and compliance requirements
Provide accounting expertise to multiple departments on projects and new standard implementation
Partner with external auditors to facilitate the quarterly reviews and annual financial audit
Use applications such as SAP, BPC, Blackline, Snowflake and Workiva
You Have:
Bachelor's Degree in Accounting, Finance, Business or similar field
5 years of progressive accounting experience including financial consolidations experience and SEC reporting experience
Financial statement acumen and technical accounting knowledge of US GAAP with the ability to research and conclude on accounting and reporting matters
A working knowledge of relevant SEC disclosure and reporting requirements
Project management experience, including continuous improvement efforts related to financial processes, system and tools to increase productivity and internal controls.
A plus: CPA and/or MBA, proficiency in SAP, BPC, Blackline, Snowflake and Workiva
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex (including pregnancy), national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, protected veteran status or any other protected characteristic under federal, state, or local law. We are proud to be an equal opportunity workplace.
We are committed to fostering an inclusive, accessible work environment that includes both providing reasonable accommodations to individuals with disabilities during the application and hiring process as well as throughout the course of one’s employment, should you need a reasonable accommodation during the application and selection process, including, but not limited to use of our website, any part of the application, interview or hiring process, please advise us so that we can provide appropriate assistance.
About Grainger:
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products and solutions delivered through innovative technology and deep customer relationships. Known for its commitment to service and award-winning culture, the Company had 2024 revenue of $17.2 billion across its two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenances, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment, Zoro.com offers customers access to more than 14 million products, and MonotaRO.com offers more than 24 million products. For more information, visit www.grainger.com.
Compensation
The anticipated base pay compensation range for this position is $101,300.00 to $168,900.00.
Rewards and Benefits:
With benefits starting on day one, our programs provide choice and flexibility to meet team members' individual needs, including: Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing. 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year. 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required. Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools. Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.
For additional information and details regarding Grainger’s benefits, please click on the link below:
https://experience100.ehr.com/grainger/Home/Tools-Resources/Key-Resources/New-Hire
The pay range provided above is not a guarantee of compensation. The range reflects the potential base pay for this role at the time of this posting based on the job grade for this position. Individual base pay compensation will depend, in part, on factors such as geographic work location and relevant experience and skills.
The anticipated compensation range described above is subject to change and the compensation ultimately paid may be higher or lower than the range described above.
Grainger reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion at any time, consistent with applicable law.
Position Details:
The Manager of External Financial Reporting will report to the Director of Financial Reporting within our Controllership function. As the Manager of Financial Reporting, you will manage the preparation of the quarterly financial statements, footnotes and Management's Discussion and Analysis reported in the quarterly Form 10-Q, and the annual report/Form 10-K, which involves working with external auditors to assist them in their review and audit of the Company's financial statements. You will also perform technical accounting research and ad hoc accounting analyses for senior management. You will assist in the preparation of the monthly consolidated financial statements including the balance sheet, income statement and cash flow statement working with BPC and SAP.
The work location is flexible (either Lake Forest or Chicago) and may work from home up to 50%.
You Will:
Lead the preparation of our consolidated financial statements and SEC reporting – i.e., statement of cash flows, quarterly and annual footnotes, disclosure checklist and related support
Manage a team of 4, including talent decisions
Prepare financial reporting for senior management including company results, performance measurement and analysis
Participate in the review, interpretation and analysis of goals, economic data and other management reports to assist leadership in evaluating performance
Research technical accounting matters and SEC requirements to assist with company-wide implementation of new accounting pronouncements and reporting requirements
Execute internal controls, maintain documentation, and support audit testing and compliance requirements
Provide accounting expertise to multiple departments on projects and new standard implementation
Partner with external auditors to facilitate the quarterly reviews and annual financial audit
Use applications such as SAP, BPC, Blackline, Snowflake and Workiva
You Have:
Bachelor's Degree in Accounting, Finance, Business or similar field
5 years of progressive accounting experience including financial consolidations experience and SEC reporting experience
Financial statement acumen and technical accounting knowledge of US GAAP with the ability to research and conclude on accounting and reporting matters
A working knowledge of relevant SEC disclosure and reporting requirements
Project management experience, including continuous improvement efforts related to financial processes, system and tools to increase productivity and internal controls.
A plus: CPA and/or MBA, proficiency in SAP, BPC, Blackline, Snowflake and Workiva
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex (including pregnancy), national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, protected veteran status or any other protected characteristic under federal, state, or local law. We are proud to be an equal opportunity workplace.
We are committed to fostering an inclusive, accessible work environment that includes both providing reasonable accommodations to individuals with disabilities during the application and hiring process as well as throughout the course of one’s employment, should you need a reasonable accommodation during the application and selection process, including, but not limited to use of our website, any part of the application, interview or hiring process, please advise us so that we can provide appropriate assistance.
Salary : $101,300 - $168,900
