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Lawson Products Senior Manager Accounting & Financial Reporting in Chicago, Illinois

Senior Manager Accounting & Financial Reporting

City: Chicago

State/Province: IL

Country: United States

Division: Corporate

Job ID: 11408

Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we partner with customers to make sure they have the right maintenance and repair parts on hand when needed.

We’re looking for an experienced Senior Manager of Accounting and Financial Reporting that will lead Lawson’s external financial reporting function and play a large role in internal financial reporting and analysis. This role will plan and manage accounting activities including calculating, posting, and verifying financial data used in maintaining accounting and statistical records. The Senior Manager will provide vision and leadership in planning and implementation of new financial systems and processes and will ensure business results are achieved by translating company strategies into functional priorities and executable action plans.

The Senior Manager of Accounting and Financial Reporting will report to the Vice President, Controller and Chief Accounting Officer and will have a significant level of exposure to Lawson’s senior management team.

Our corporate headquarters is located in Chicago, IL. We offer 401k plus vision, dental and medical benefits, as well as a paid holiday and PTO package.


External Reporting Responsibilities

  • Prepares the corporation’s external financial statements, including quarterly 10-Q and annual Form 10-K filings, including MD&A, financial statements and footnotes.

  • Analyzes new accounting standards and reporting guidance issued by FASB, SEC, EITF and other standard setting bodies to determine implication on financial operations and reporting.

  • Initiates and develops Lawson’s efforts to submit SEC Filings in XBRL.

  • Supports Lawson’s quarterly earnings release and other press releases.

  • Reviews the preparation of Lawson’s annual proxy statement.

  • Works as part of a team to prepare Lawson’s Annual Report.

Internal Reporting Responsibilities:

  • Develops technical accounting policies and procedures and ensures compliance among the operating segments.

  • Manages the consolidation of Lawson’s financial statements (income statement, balance sheet, cash flow).

  • Presents quarterly results to Lawson’s Disclosure Committee.

  • Manages the preparation of internal monthly executive management financial reports.

  • Assists in the preparation of presentations for investors and Board of Directors.

  • Works with external auditors during the audit process and as issues arise.

  • Participates in the accounting close optimization and reengineering projects.

  • Tracks, analyzes and reports on Lawson’s competition’s financial results.

  • Supports due diligence and accounting/finance integration efforts with acquisitions.

  • Assists in special projects/ad hoc analysis as required.

Other Accounting Duties:

  • Supports the Company’s acquisition initiative through performance of due diligence, participation on acquisition teams and development and implementation of accounting processes for acquired companies.

  • Ensures completion and review-account reconciliations, journal entries, and other schedules and communicates findings.

  • Other duties as assigned.

Qualifications & Requirements:

  • Bachelor’s degree in accounting with eight years of relevant experience. Ideal candidate will have a combination of public accounting experience (4-6 years) and corporate financial accounting and reporting experience in a medium to large size corporation (4-6 years), or an equivalent combination of education and experience.

  • CPA required; MBA or Masters in Accounting preferred.

  • Strong knowledge of GAAP and prior experience with drafting SEC reporting documents required.

  • Experience with accounting close optimization and reengineering projects preferred, not required.

  • Strong leader with the ability to manage and motivate teams.

  • Excellent verbal and written communication skills.

  • Strong interpersonal skills with the ability to work with multiple groups and negotiate competing priorities.

  • Well developed project management skills to facilitate the quarterly close process.

  • Exceptional service orientation.

  • Superior analytical, evaluative, and problem-solving abilities.

  • Self-motivated and able to work effectively and efficiently under pressure.

  • This position will require approximately 5-20% travel, including some overnight travel.

In accordance with Executive Order 14042, this position will require one of the following:

  • Proof of Covid 19 vaccination or

  • Willingness to obtain the vaccine before hire date (under this option, proof of vaccination is a condition to any offer of employment and must be provided prior to commencement of employment) or

  • Validation of your religious or medical exemption

Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.