M&A Accounting Manager

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Carrier is a world leader in HVAC, Refrigeration, Fire & Security solutions. For over a century, we have been developing innovative products and services that have changed the way people live and work. That drive for innovation continues today with a renewed focus on creating solutions that will change the world for the better. At Carrier, we see possibilities in everything.

About This Role

The M&A Accounting Manager will be a member of the Carrier Controllers Department within the Finance organization supporting M&A accounting activities. This is a specialized role, and the team member will interact with colleagues across multiple functions such as SEC reporting, Consolidations team, Segment Controllers, Business Unit finance teams, and Carrier’s Business Development group. This individual will be expected to be an active contributor to continuous improvement initiatives and Carrier’s culture.

Carrier's business strategy has relationships with joint venture partners and holds investments in numerous joint ventures around the world. In addition, Carrier continually seeks new business through mergers and acquisitions. Carrier also modifies its business portfolio by divesting non-core businesses.

As such, the Carrier Finance department has a dedicated team of Finance associates to support this model with the following M&A Accounting responsibilities.

Key Responsibilities:

Mergers, Acquisitions, and Divestitures Accounting:

• Lead the process of accounting and reporting Carrier acquisitions and divestitures.

• Collaborate with business development and tax to evaluate divestiture gain and loss scenarios.

• Coordinate execution of work plans for Carrier businesses to follow when a divestiture or joint venture reorganization takes place.

• Review and summarization of acquisition materials (SPA, valuation reports, etc.), including accounting research.

• Prepare DCF models for valuation of customer relationship intangibles.

Goodwill and Indefinite-Lived Intangibles Impairment Testing:

• Lead the annual Carrier goodwill and intangibles impairment testing, including updating associated DCF models, net book value allocations, and preparing accounting memos.

• Prepare the report out of testing results to senior management.

• Assist PwC auditors with the annual testing audit.

Minority JV Reporting:

• Evaluate investments for impairment.

• Prepare disclosures for quarterly and annual SEC filings.

Activities such as of ad-hoc requests, special projects, and disclosures for quarterly and annual SEC filings

Required Qualifications

• Bachelor’s degree in accounting or finance

• 3+ years of  GAAP experience

Preferred Qualifications

• 5+ years of GAAP experience

• CPA is highly preferred

• Hyperion Financial Management (HFM) experience

• The candidate must be a self-motivated individual who works as a team player and forms good working relationships within the organization.

• Results-oriented with a high sense of urgency and exceptional organizational skills

• Detail-oriented and analytical skills

• Ability to work under changing priorities and with firm deadlines.

• Advanced Microsoft Excel

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Carrier is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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