The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us.From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career.
Sr. Manager External Reporting Job Overview:
Directs and leads the preparation of quarterly SEC external reporting requirements to reflect the worldwide financial results of The Toro Company (“TTC”). Specifically responsible for external reporting and technical accounting related processes, in compliance with the required standards of the SEC, U.S. GAAP, and TTC. Highly visible role that supports executive leadership and the broader TTC finance organization.
In order to grow and build a successful career with The Toro Company, you will be responsible for:
- Provide leadership and direction for quarterly SEC external reporting requirements, including disclosures on Form 10-Q and Form 10-K and other miscellaneous accounting matters. Support the quarterly earnings call process through review of quarterly operating results for senior management.
- Research and provide direction regarding SEC and FASB pronouncements and technical accounting guidance for business-specific scenario analysis and review and prepare technical accounting memos, including the adoption of new accounting standards updates and other technical areas such as goodwill impairment testing and segment reporting.
- Direct the accounting due diligence process for potential acquisitions and divestitures. Provide oversight for significant purchase accounting assumptions regarding the valuation work associated with acquired assets and assumed liabilities.
- Ensure internal controls are designed and operating effectively related to financial reporting and as applicable, develop corrective action plans if remediation is needed. Partner with internal and external audit to facilitate both interim and annual audit procedures.
- Direct benefit plan audits requiring filing on Form 11-K and Form 5500.
- Monitor the results of statutory audits with our foreign subsidiaries to ensure audit compliance.
- Manage, develop and maintain a team of analysts, providing clear direction, motivation, engagement and career development opportunities.
To be considered for this role, an individual should meet the following minimal requirements:
- Bachelor’s in Accounting or Finance required.
- 8+ years business accounting experience with emphasis in compliance with SEC, GAAP and FASB regulations.
- Strong leadership and coaching experience required; with focus on career and professional development of team.
- CPA and public accounting experience strongly preferred.
- Mergers and acquisitions experience preferred.
- Excellent presentation, written and verbal communication skills.
- Drive for – and proven success in driving – continued improvement of business, function and self.
- Leverages technology and systems to drive efficiencies.
- Demonstrated project management skills.
- Intermediate Microsoft Excel, PowerPoint and Word skills preferred.
At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at ourBloomington, MN HQ location a variety of perks, including:
Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment.
Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters!
Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day.
Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees.
Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community.
Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.
Flexible Work Arrangements – This team is currently implementing a hybrid work schedule. The opportunity to collaborate in the office and work from home part-time, has promoted team-building and flexibility. #LI-Hybrid
Competitive Salary – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the annual pay range is between $140,000 - $170,000. Cash compensation is one piece of our competitive total rewards package.You may be eligible to participate in an incentive program, which rewards employees based on individual and organizational performance. Eligibility and award amounts are determined by company policy and performance metrics.If you need to, you can access your pay early with the One@Work app, formerly the Even app.
At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.
We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy and related needs and conditions, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit based factors. We are committed to creating an inclusive environment for all employees.
