Senior Accountant - Consolidations
$72.8k - $109.5kTennant
Location: Eden Prairie, MN
Salary: $72,800 - $109,500
With more than $1B in revenue, Tennant Company is a globally recognized leader in the cleaning equipment industry. For the past 150 years, we have been passionate about developing and manufacturing innovative and sustainable solutions for our customers. At Tennant Company, we are committed to stewardship and creating a cleaner, safer and healthier world. With manufacturing, operations and sales, service, and support functions across the globe, your journey at Tennant can take you places you never expected.
Position Summary
The Senior Accountant, Consolidations is a key member of the Corporate Accounting team responsible for accounting for complex transactions and supporting the global consolidation and financial reporting processes. This role plays an integral part in the monthly close cycle, ensuring the timely and accurate consolidation of global financial results in accordance with U.S. GAAP and company policies.
The position offers broad exposure to corporate accounting, technical accounting, and financial reporting activities, while collaborating with business partners and accounting teams across the globe. The successful candidate will develop deep expertise in consolidation processes and accounting policies, contribute to the preparation of consolidated financial statements for internal and external stakeholders, support system and process enhancements, and drive continuous improvement initiatives. This highly visible role offers significant opportunities for professional growth and expanded responsibility.
Key Responsibilities
- Prepare monthly journal entries, account reconciliations, and supporting workpapers requiring application of complex accounting principles, including share-based compensation, intercompany transactions, consolidations, business combinations, and other technical accounting matters.
- Execute and coordinate monthly close activities, partnering with global entities to ensure compliance with established close calendars and reporting deadlines.
- Consolidate worldwide financial results, including intercompany eliminations, equity method accounting, and consolidation adjustments.
- Support key components of the general ledger close process, identifying opportunities for automation, system enhancements, and process improvements to increase efficiency and reduce close cycle times.
- Participate in the configuration, testing, and implementation of new accounting processes, systems, and controls.
- Develop and maintain strong relationships with accounting and finance teams globally to promote consistency and accuracy in accounting and financial reporting practices.
- Perform account reconciliations and analyses to ensure compliance with U.S. GAAP and SOX 404 requirements, while identifying and recommending corrective actions and process improvements.
- Prepare, analyze, and review financial and operational reports, supporting management decision-making through insightful analysis.
- Partner with Financial Planning & Analysis (FP&A) during budgeting and forecasting cycles.
- Support internal and external audits through the preparation of workpapers, schedules, supporting documentation, and financial analyses.
- Assist with SOX compliance activities, including maintaining process narratives, documenting controls, and supporting internal control testing efforts.
- Contribute to the preparation of financial statement disclosures and footnotes.
- Research technical accounting matters and prepare accounting memos and position papers as required.
- Lead or participate in special projects, ad hoc analyses, and cross-functional initiatives that support the company's strategic objectives.
Required Qualifications
- Bachelor's degree in Accounting or Finance.
- Minimum of four years of relevant experience in corporate accounting within a public company environment.
- Strong understanding of U.S. Generally Accepted Accounting Principles (GAAP).
- Proficiency in Microsoft Office applications, with advanced Excel skills preferred.
Preferred Qualifications
- Certified Public Accountant (CPA) designation.
- Combination of public accounting experience (2-4 years) and public company corporate accounting experience (2-3 years).
- Experience with SAP, OneStream, or other enterprise accounting and financial reporting systems.
- Experience with financial consolidations, technical accounting, or SEC/public company reporting.
Knowledge, Skills, and Competencies
- Exceptional attention to detail and commitment to accuracy.
- Strong analytical, problem-solving, and organizational skills.
- Demonstrated systems aptitude and strong internal controls orientation.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Effective collaboration skills with the ability to build relationships across functions, geographies, and organizational levels.
- Excellent written and verbal communication skills.
- Proven ability to work independently and take initiative with minimal supervision.
- Strong understanding of financial reporting, accounting processes, and control frameworks.
- Continuous improvement mindset with a focus on driving efficiencies and enhancing processes.
This role offers a unique opportunity to gain broad exposure to global accounting operations, technical accounting matters, financial reporting, and corporate finance initiatives. The position provides meaningful visibility across the organization and serves as an excellent platform for career growth within Corporate Accounting and Finance leadership.
Total Compensation = Pay range + Benefits
Posted salary ranges are made in good faith. Tennant Co. reserves the right to adjust ranges depending on the experience/qualifications of the selected candidate as well as internal and external equity. The salary range reflects both entry into the role and future growth. Total Compensation = Base Salary + Benefits
Benefits = A comprehensive benefits package including multiple medical plan options, 401(k) with a 100% match up to 6%, paid vacation time, 8 paid company holidays and 3 personal holidays dental and vision coverage, wellness rewards, robust family support programs, companypaid disability and life insurance, and a full Employee Assistance Program.
Defining Our Employee Value Proposition
At Tennant Company, we...
Discover fulfilling work with opportunities for growth and meaningful recognition.
Drive the quality and innovation our customers rely on in our products and services.
Connect with people who care about each other, ourbrandsand our communities.
These are the principles that define how our employees experience Tennant Company, make Tennant a great place to grow your career, and are at the core of our legacy and future.Together, they serve as guideposts for working with our customers, our partners and one another.
Begin your journey with us. Let's reinvent how the world cleans.
Equal Opportunity Employer
Tennant Company is an equal opportunity employer. Employment decisions are made on the basis of individual skill, ability, reliability, productivity, and other factors important to performance. We do not discriminate on the basis of race, color, creed, religion, sex, national origin, physical or mental disability, age, veteran status, pregnancy, sexual orientation, genetic information, gender identity, or any other basis protected by state or federal law or local ordinance.
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