Sr. Corporate Accountant

We’re Watts. Together, we’re reimagining the future of water.

We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

What we do:

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.​

As the Senior Corporate Accountant, you will report to the Financial Reporting Manager. You will prepare, maintain, monitor and improve all aspects of corporate accounting, including all journal entries and balance sheet reconciliation as part of monthly corporate close, SEC quarterly reporting with supporting documentation, internal quarterly reporting, intercompany invoicing, budgeting and strategic planning, financial analysis and special research projects as requested.

This role is hybrid and is based in North Andover, MA.

Primary Job Duties and Responsibilities:

• Financial statement close and analysis for Corporate headquarters entity, tracking financial performance against budget and forecast.
• Accurately prepare monthly journal entries and balance sheet reconciliations for the corporate general ledger. 
• Maintain and prepare multiple Corporate allocation invoices to intercompany counterparties.
• Preparation of the 10-Q and 10-K documents, earnings releases and disclosures for the quarterly and annual financial filings in accordance with GAAP and SEC regulations including the preparation of documentation and support. 
• Calculate the stock-based compensation expense globally, for multiple types of awards, and maintaining intercompany allocations using Equity Edge (E*TRADE) to run multiple types of reports and calculations.
• Recommend and assist in the implementation of process improvements as appropriate, to simplify, standardize and streamline reporting.
• Assist in technical accounting projects including the treatment of accounting issues, implementation of new accounting standards and compliance.
• Maintain established internal control policies to ensure compliance with documented accounting policies and procedures.
• Help manage the audit process conducted by external and internal auditors providing documentation and process walkthroughs when requested.
• Assist with special projects including goodwill & intangible assessments, training, system upgrades and acquisitions as requested including assistance to FP&A, Treasury, and Investor Relation functions with ad-hoc projects as needed.

Qualifications

• Bachelor’s degree in Accounting or Finance
• 4+ years accounting experience with experience in large, multi-national, public corporations
• CPA designation preferred
• Previous General Ledger experience
• Proficiency with excel (can maintain complex spreadsheets and perform complex functions).
• Industry experience with SEC reporting experience
• Experience with Hyperion Financial Management (HFM), SAP S4 Hana, Equity Edge (E*TRADE) and major ERP systems
• High level of analytic and quantitative skills

General Applicable Company Competencies

• Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.
• Punctuality and dependability.
• Ability to be flexible and adapt to changing work priorities and stressful conditions.
• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
• Maintain productive and collaborative relationships with other Watts employees.
• Adherence to Watts’ seven
• cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions:

While performing the job duties, you will be working in an office environment. You will be required to work in the office at the North Andover, MA location three days per week (Monday – Wednesday) and can work remotely two days per week (Thursday, and Friday).

Physical Requirements: Specific physical abilities required for this position include, but are not limited to:

• Ability to remain seated/standing at a desk or workstation for extended periods.

• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.

• Ability to read documents and communicate clearly and effectively, both orally and in writing, with management, coworkers, and third parties.

• Ability to operate standard office equipment such as computers, printers, phones, and copiers.
• Ability to physically move around the office and occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, or change the working hours/conditions for this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

The expected salary range for this position is $92,000-103,000 yearly. Actual compensation will be dependent upon individual skills, experience, qualifications, and applicable laws.

#LI (Hybrid)

Watts in it for you:

Please note that the following benefits apply only to permanent roles and do not apply to internship roles.

• Competitive compensation based on your skills, qualifications and experience
• Comprehensive medical and dental coverage, retirement benefits
• Family building benefits, including paid maternity/paternity leave
• 10 paid holidays and Paid Time Off
• Continued professional development opportunities and educational reimbursement
• Additional perks such as fitness reimbursements and employee discount programs
• Learn more about our benefit offerings here: https://tapintowattsbenefits.com/

How we work:

At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.