Consolidations Manager - IAC

IAC builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 11 public companies and generations of exceptional leaders. We will always evolve, but our basic principle of financially-disciplined opportunism will never change. IAC today operates Dotdash Meredith and Care.com, among many others, and also has majority ownership of Angi Inc, which includes HomeAdvisor Powered by Angi and Handy. The company is headquartered in New York City and has business operations and satellite offices worldwide.

POSITION OVERVIEW:

The Consolidations Manager will coordinate, manage and support IAC’s global consolidation process ensuring timeliness, accuracy, and completeness of the financial close process each month. This position partners with IAC’s Corporate Accounting and SEC Reporting teams and the accounting organizations of the various operating businesses, including Dotdash Meredith and Angi Inc. (ANGI) to support IAC’s internal and external reporting processes.

PRIMARY RESPONSIBILITIES:

• Support and assist the monthly global consolidated financial close process working closely with the Operating Businesses and Corporate Accounting, including:
  • Preparation of monthly consolidated financial statements in compliance with U.S. GAAP,
  • Preparation of monthly consolidating and eliminating journal entries,
  • Analysis of monthly, quarterly and annual balance sheet, income statement and cash flow submissions including account reconciliations and variance analyses, and
  • Review of quarterly financial reporting packages.
• Take ownership of the consolidation framework including maintaining integrity of the global chart of accounts and related mapping between general ledger and HFM accounts.
• Assist with the monthly intercompany and investment in subsidiary review process between the Operating Businesses and Corporate Accounting on an as needed basis to ensure proper elimination upon consolidation.
• Be a liaison with the SEC Reporting team to implement accounting practices related to new accounting pronouncements or SEC reporting requirements.
• Assist in the preparation of IAC’s and ANGI’s quarterly Form 10-Q and Form 10-K, including preparation of certain notes to the financial statements and related analyses.
• Ensure SOX compliance by adhering to internal control requirements, updating documentation and providing recommendations as appropriate.
• Drive continuous improvement focusing on streamlining, improving and automating processes.
• Perform other ad hoc analyses, accounting research and special projects as required, including projects related to business acquisitions and dispositions.

QUALIFICATIONS:

• 4+ years of combined public and private accounting experience; SEC experience a plus.
• Bachelor’s Degree in Accounting required; CPA strongly preferred
• Strong technical skills including knowledge of U.S. GAAP and understanding of financial statement mechanics
• Hands on experience with Hyperion Financial Management (HFM) software preferred
• Proficient in MS Office, including the ability to perform pivots and V-lookups with Excel
• Highly organized with the ability to effectively manage multiple tasks and changing priorities in a very fast-paced, challenging environment
• Attention to detail and accuracy is a must
• Outstanding written and oral communication skills with ability to communicate effectively to different levels of the organization
• Self-starter capable of working independently, as well as working effectively as part of a team

Salary Range: $120,000-$140,000

The base salary range above represents the anticipated low and high end of the salary range for this position. Actual salaries may vary and may be above or below the range based on various factors including but not limited to work location, experience, and performance. The range listed is just one component of IAC’s total compensation package for employees. Other rewards may include annual bonuses, and short- and long-term incentives. In addition, IAC provides a variety of benefits to employees, including health insurance coverage, life and disability insurance, a generous 401K employer matching program, paid holidays, and paid time off (PTO)