Director, Assistant Corporate Controller at Chamberlain Group

Oak Brook, Illinois, United States

Chamberlain Group Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Technology, ManufacturingIndustries

Requirements

  • Ability to thrive in a fast-paced, global environment
  • Experience working closely with Global Finance Organization, Sponsor’s reporting functions, and financial statement/statutory auditors
  • Capability to work cross-functionally to account for complex business transactions
  • Experience managing a large team across multiple time zones and foreign locations
  • Knowledge of US Generally Accepted Accounting Principles (GAAP)

Responsibilities

  • Identify areas of changed or emerging GAAP and work with cross-functional teams to implement new accounting standards
  • Direct the preparation of accounting white papers to document important accounting positions and ensure compliance with US GAAP
  • Identify and address issues impacting the accounting close and consolidation process to ensure compliant internal controls over financial reporting
  • Review trial balance, income statement, balance sheet, cash flow, and other reports for completeness, accuracy, and GAAP application
  • Direct the process of determining accounting for acquisitions and dispositions, including onboarding, harmonizing practices, and ensuring internal controls
  • Drive consistency in worldwide accounting policy adoption and processes for accurate, timely US GAAP-compliant reporting; create and maintain compliance processes, including new GAAP implementations
  • Proactively improve internal controls over financial reporting and ensure accurate global account reconciliation
  • Set direction and policy on GL Account, Profit Center, Cost Center, Internal Order, and other SAP master data; provide requirements to Financial Systems Team for reports and consolidation accuracy
  • Support the audit process by directing staff on key issues and coordinating with internal and external auditors
  • Partner with Sponsor Finance to provide accurate financial information, respond to Parent Company questions, and ensure timely tax reporting
  • If required, execute a plan to prepare supporting schedules for SEC filings to go public
  • Comply with health and safety guidelines and ensure team compliance
  • Protect Chamberlain Group’s reputation

Skills

GAAP
US GAAP
Technical Accounting
Financial Reporting
Internal Controls
Accounting Close
Consolidation
Audit Preparation
Accounting Standards

Chamberlain Group

Smart home access control solutions provider

About Chamberlain Group

Chamberlain Group specializes in intelligent access solutions, focusing on smart home connectivity and access control systems. Their main products include garage door openers, commercial door openers, and gate operators, which can be professionally installed or purchased as DIY options for enhanced home security and convenience. The myQ app is a key feature that allows users to control their access points remotely, providing added security and convenience. Unlike many competitors, Chamberlain Group combines high-quality hardware with a smart home ecosystem that supports both direct sales and partnerships with professional installers. The company's goal is to lead in the access solutions market while ensuring customer satisfaction and promoting diversity and inclusion within the workplace.

Oak Brook, IllinoisHeadquarters
1954Year Founded
VENTURE_UNKNOWNCompany Stage
Hardware, Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Risks

Recall of LiftMaster myQ panels may harm reputation and consumer trust.
Patent lawsuit against Overhead Door Corporation could lead to financial liabilities.
Cybersecurity risks from automotive integrations may expose vulnerabilities.

Differentiation

Chamberlain Group offers a comprehensive smart home ecosystem with the myQ app.
The company provides both DIY and professionally installed access solutions.
Chamberlain Group has a long history of innovation in access control since 1900.

Upsides

Integration with EV charging stations enhances user convenience and platform utility.
Expansion into smart city infrastructure offers new growth opportunities.
AI-powered predictive maintenance can improve reliability and customer satisfaction.

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