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Accounting Manager

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

  • Health & Wellness benefits starting on day 1 of employment

  • Paid parental leave

  • 401K eligibility

  • Tuition reimbursement

  • Employee Assistance Program eligibility / Health Advocate

  • Paid vacation and Paid holidays

Job Description

As a key member of the NASSO team, the Accounting Manager is the key link between NASSO and the business. The Accounting Manager is also responsible for ensuring the financial statements are properly stated. The work of this role is critical in driving GAAP compliance within the business. With multiple direct reports and working closely with an outsource provider, the day-to-day activities range from managing and prioritizing the tasks of the team, to coordinating all the month-end close activities along with meeting all the reporting timelines.

 

KEY RESPONSIBILITIES:

In your role as Accounting Manager, delivering on these responsibilities is critical to success:

 

  • Business Partnership: provide technical and accounting guidance/training to the business, highlighting changes in process or GAAP reporting. Review financial results and resolve inquiries in a timely manner. Collaborate across all business functions to ensure financials are appropriately stated.     

  • Monthly/Quarterly Close Process: accountable for timely and accurate monthly and quarterly close process including, journal entry review and approval, schedule submission and account reconciliation and approval. Analysis of financial results and investigate variances as required.

  • Oversee monthly lease accounting (ASC 842) activities as a key member of the Lease Accounting Center of Excellence

  • Controllership/Compliance: support activities related to compliance initiatives and policies (SOX, Trade Compliance, External & Internal Audit, Balance Sheet Reviews etc). Identify compliance gaps and coordinate resolution activities with compliance teams. Ensure all required deadlines are met and respond quickly to all follow-up questions. Provide meaningful analysis to explain variances and other audit requirements as necessary.

  • Lead Sarbanes Oxley activities for NASSO and coordinate with business process owners, including scheduling and performing walkthroughs and testing, initiating communications to the NA sites during the various phases, serving as contact point for external auditors, training new team members on SOX requirements, and coordinating sites’ compliance with SOX testing (including timelines, completeness, and testing). Responsible for coordinating various test phases, including assignment, scheduling, and progress reporting of SOX testers, track remediation status and work closely with management to ensure timely remediation of identified control issues.

  • Lead the North America Balance Sheet review process, including scheduling of reviews, reviewers, and reporting of open BSR findings.

  • Drive Process Improvements/Standardization: drive continuous improvements across all processes. Identify and leverage best practices within the group. Work with appropriate functional leadership teams to assess risks, allocate resources and eliminate issues that threaten project success.

  • Managing and partnering with the business process outsource provider to ensure they are meeting requirements and driving process improvements and standardization

  • People Management and Development: help recruit, develop, and retain a talented pool of employees, creating a solid succession pipeline. Positively lead and influence team members to partner together to achieve individual and business goals. Establish individual performance objectives for the team members and manage their job performance. 

Qualifications

Education

  • Bachelor's Degree in Accounting or Finance, CPA preferred

Experience

  • 5+ years of accounting and/or financial experience, including people management

  • Public accounting experience a plus 

  • Fortune 500 company experience a plus 

  • Previous Sarbanes-Oxley experience required

  • Experience managing and developing talent

  • Experience with GAAP reporting

  • Mainstream ERP and/or financial system(s) experience preferred

  • Previous corporate accounting including stock options, treasury stock, LTI options and payroll experience a plus

Other

  • Superior communication skills and ability to articulate business results & opportunities

  • Attention to detail (excellent analytical skills)

  • Fundamental intellectual curiosity and ability to anticipate the next question

  • Proven ability to collaborate across divisions and functions

  • Ability to handle multiple tasks simultaneously and prioritize/re-prioritize workload (individually and for team/direct reports) to meet deadlines in dynamic business conditions

  • Desire to learn continuously and take initiative to act on data/intuition; provide proactive insights that drive action and execution, leading to results

Working Arrangement: Hybrid - Office & Remote, 3 days/week in office

Additional Information

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or other protected status. EEOE/M/F/Vet/Disabled. All your information will be kept confidential according to EEO guidelines.

Reasonable Accommodations Notice

If you require accommodations to view or apply for a job, alternative methods are available to submit an application. Please contact (440) 534-6000 or [email protected] to discuss reasonable accommodations.

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Average salary estimate

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What You Should Know About Accounting Manager, Avery Dennison

Join Avery Dennison Corporation as an Accounting Manager and be a beacon of financial integrity within our dynamic NASSO team! Our mission at Avery Dennison is to provide innovative materials science and digital identification solutions that not only advance industries but also promote sustainability and efficiency. As an Accounting Manager, your expertise will be crucial in ensuring the accuracy of financial statements, compliance with GAAP, and fostering strong business partnerships across various functions. You will lead a talented team while collaborating with external providers to drive process improvements. Your responsibilities include overseeing the monthly close process, ensuring meticulous lease accounting, and supporting compliance initiatives like SOX. At Avery Dennison, we believe in investing in our employees with robust health and wellness benefits from day one, along with opportunities for growth and development. Your role will involve training and guiding team members, identifying compliance gaps, and coordinating with auditors. If you're ready to take on diverse challenges that require your analytical skills and a proactive mindset, then we’d love to have you onboard. Join us at our Mentor, OH office, and embark on a fulfilling journey where your contributions will make a real difference in our operations and the industries we serve!

Frequently Asked Questions (FAQs) for Accounting Manager Role at Avery Dennison
What are the responsibilities of the Accounting Manager at Avery Dennison Corporation?

As an Accounting Manager at Avery Dennison Corporation, you're tasked with ensuring the accuracy of financial statements and maintaining GAAP compliance. Key responsibilities include overseeing the month-end close process, managing lease accounting activities per ASC 842, supporting compliance initiatives, and leading the Sarbanes-Oxley activities. You'll also collaborate across functions to provide accounting guidance, conduct financial analysis, and drive process improvements. This multifaceted role is vital for both the team's success and the overall financial health of the company.

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What qualifications are needed for the Accounting Manager position at Avery Dennison?

To qualify for the Accounting Manager role at Avery Dennison, you should possess a Bachelor's Degree in Accounting or Finance, with a CPA credential preferred. Experience-wise, a minimum of 5 years in accounting or finance, including people management, is essential. Familiarity with GAAP reporting, Sarbanes-Oxley, and working with ERP systems is also critical. Additionally, strong communication skills and the ability to manage multiple priorities in a dynamic environment are necessary attributes for success in this position.

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How does the Accounting Manager contribute to compliance at Avery Dennison?

The Accounting Manager at Avery Dennison plays a pivotal role in ensuring compliance with various internal and external regulations. This includes supporting initiatives related to SOX, Trade Compliance, and conducting Balance Sheet Reviews. You'll identify compliance gaps, coordinate necessary resolutions, and ensure that all compliance deadlines are met. Your analysis and findings will also contribute to external audits, thus reinforcing the integrity of our financial reporting and processes.

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What is the work environment like for the Accounting Manager at Avery Dennison?

The Accounting Manager at Avery Dennison enjoys a hybrid work environment, spending three days a week in the Mentor, OH office, and the remaining two days remote. This flexible arrangement allows for collaborative teamwork alongside individual productivity. The workplace culture emphasizes continuous improvement and collaboration across divisions. You will be part of a diverse team of professionals who are committed to driving process improvements and achieving business objectives together.

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What opportunities for advancement exist for the Accounting Manager at Avery Dennison?

As an Accounting Manager at Avery Dennison, you will have various opportunities for professional growth and advancement. The company actively supports the development of its employees through tuition reimbursement and succession planning. You will be in a position to develop your team, influencing their careers while also enhancing your leadership skills. This role provides the platform for gaining further experience in financial management and compliance, which can lead to more senior roles within the company.

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Common Interview Questions for Accounting Manager
Can you describe your experience with GAAP compliance as an Accounting Manager?

Be ready to elaborate on your previous roles in ensuring compliance with GAAP. Include specific examples where you required strong analytical skills to identify and resolve discrepancies in financial reporting and how your actions helped prevent compliance issues.

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How do you manage a team effectively in a finance environment?

Discuss your leadership style, emphasizing your approach to communication, delegation, and team development. Provide examples of how you have previously motivated your team and led them to meet tight deadlines.

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What strategies do you implement to streamline the month-end close process?

Share your techniques for enhancing efficiency, such as implementing checklists, setting clear timelines, and encouraging team accountability. Mention how your initiatives have led to reduced close times in previous positions.

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How do you ensure accuracy in financial reporting?

Highlight your attention to detail and methods for performing thorough reviews and reconciliations. Discuss the importance you place on teamwork and communication with other departments for the correct presentation of financial information.

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What is your experience with lease accounting and ASC 842?

You should speak to your specific involvement with lease accounting under ASC 842, discussing instances where you verified compliance, oversaw lease administration, and provided guidance to stakeholders regarding the requirements.

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Can you give an example of a compliance issue you've handled?

Relate a specific challenge you faced regarding compliance, detailing the steps you took to resolve it and the outcome. Emphasize the importance of thorough documentation and proactive communication.

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How do you approach financial variance analysis?

Describe your method for analyzing financial results, including how you identify variances and what processes you follow to investigate and explain these discrepancies to management.

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What role do you believe technology plays in accounting?

Discuss the impact of technology on efficiency and accuracy in accounting processes. Provide examples of any software or tools you've implemented successfully to improve reporting capabilities or team collaboration.

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How do you handle conflicts within your team?

Explain your conflict resolution strategies, focusing on communication and empathy. Provide an example of a past situation where you successfully addressed team conflict and fostered a collaborative atmosphere.

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What motivates you to work in finance and accounting?

Share your passion for working in finance by discussing your interest in analytical challenges, problem-solving, and the satisfaction you derive from ensuring financial integrity and supporting business success.

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We are a global company with locations in over 50 countries, and we employ approximately 36,000 people worldwide. We provide branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFI...

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