DescriptionKenvue is currently recruiting for a globalCommercial Accounting DirectorWho We AreAt Kenvue, we realize the extraordinary power of everyday care. Built on over a century of heritage and rooted in science,we'rethe house of iconic brands - including NEUTROGENA, AVEENO, TYLENOL, LISTERINE, JOHNSON'S, and BAND-AID that you already know and love. Science is our passion; care is our talent. Our global team ismade by22,000 diverse and brilliant people, passionate about insights, innovation and committed todeliverthe best products to our customers. Withexpertiseand empathy, being aKenvuermeans to have the power toimpactthelifeof millions of people every day. We put people first, care fiercely, earn trust with science, and solve with courage – and have brilliant opportunities waiting for you! Join us in shaping our future–and yours.Watch us here:https://www.youtube.com/watch?v=XhsbOsBiX_MWhatYou Will DoKenvue is recruiting for a Global Commercial Accounting Director for its Finance Operations team. As a member of our Finance Operations team, you will have exclusive access to a network of financial professionals worldwide. This network will help you build on your current skills and explore opportunities to grow your career at Kenvue.Within Kenvue's Finance Operations team, we value ideas for innovation and improvement and are committed to diversity and inclusion. Together we will reimagine business processes to become more effective, more efficient, and improve customer experience.This role is part of the Finance Operations leadership team with the successful candidate being the Commercial Accounting expert for Kenvue. This role will deliver oversight to ensure decisions made in the Commercial Accounting area are compliant and consistent with worldwide procedures.TheCommercial AccountingDirector is responsible for overseeing and directingKenvue'srevenue recognition, gross-to-net sales accounting, advertising & sales promotion equalization, and accruals (trade spend, rebates, returns, etc.)processesin compliance with company policy and applicable regulatory requirements. This includes planning, controlling, and directing the firm'scommercialaccounting operations, as well as designing and implementing measures to ensure accurate revenuerecordingand reporting.Key Responsibilities:Oversee all activities related to commercial accounting, including sales, gross-to-net sales accounting, rebates and promotions accounting, billings, deferrals, reserves, sales to COGS reconciliations, and revenue recognition, globally.Oversee and manage the accounting operations related to Billed Marketing Expenses (BME) and royalties, ensuring the accuracy and integrity of revenue recognition in line with global accounting standards.Maintain a deep understanding of the organization's revenue cycles and business models.Implement, monitor, and ensure adherence to company policies and procedures to comply with Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) regulations.Serve as the company expert in Commercial Accounting ensuring consistency of accounting treatment, driving deep expertise across the department.Prepare and present accurate and timely financial reports to Senior Management.Liaise with Legal Entity Controllers to ensure audit compliance and assist with any audit requests received.Oversee ongoing improvements and automation projects within the commercial accounting team.Remain updated with industry trends, changes in accounting rulings, and latest technologies to ensure the team is evolving as per industry standards.Focusing on global standardization and optimization across all business units, collaborating regularly on the development and adherence todocumentation and Standard Operating Procedures(SOP), with the key aim to implement and maintain one consistent, high-quality standard across regions.QualificationsWhatWeAreLookingForRequired QualificationsA minimum of a bachelor's level degree or equivalent is required, preferably in accounting or finance.CPA, CMA, MBA, and/or other financial certifications is preferred.Languages:Fluent English, other language skills desirable, confidence in presenting to Senior Management in EnglishExperience and Skills:Required:At least 10 years of professional experience is requiredAt least 4 years of Management / Supervisory experience is requiredStrong interpersonal skills and the ability to interact with employees at all levelsAbility to frame clear & concise communication across all relevant stakeholdersBe open to new ideas, rapid change, and embracing new technologiesExperience in aCommercial Accountingdepartment desirableExperience in a Global Account to Report function of a large multi-state companyAbility to handle ambiguity and fluid situations, demonstrating a pragmatic approachSuccessfully manage multiple priorities, be very organized, and work efficiently to tight deadlinesAbility to sponsor and drive process and continuous improvementinitiativesSolid US GAAP accounting knowledge preferrableLead/Participate in other Regional/Global/Cross-functional duties as assignedKenvue is proud to be an Equal Opportunity Employer.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, age, national origin, or protected veteran status and will not be discriminated againston the basis ofdisability.For further information, and to apply, please visit our website via the "Apply" button below.#J-18808-Ljbffr
