Director of Technical Accounting

Date: Aug 20, 2024

Location: Corning, NY, US, 14831

Company: Corning

Requisition Number: 64465

Corning is vital to progress – in the industries we help shape and in the world we share.

We invent life-changing technologies using materials science. Our scientific and manufacturing expertise, boundless curiosity, and commitment to purposeful invention place us at the center of the way the world interacts, works, learns, and lives.

Our sustained investment in research, development, and invention means we’re always ready to solve the toughest challenges alongside our customers.

Corning’s businesses are ever evolving to best serve our customers, industries, and consumers. Today, we accelerate and transform life sciences, mobile consumer electronics, optical communications, display, and automotive markets. We are changing the world with:

• Trusted products that accelerate drug discovery, development, and delivery to save lives

• Damage-resistant cover glass to enhance the devices that keep us connected

• Optical fiber, wireless technologies, and connectivity solutions to carry information and ideas at the speed of light

• Precision glass for advanced displays to deliver richer experiences

• Auto glass and ceramics to drive cleaner, safer, and smarter transportation

Role Purpose

The Director of Technical Accounting is responsible for the accuracy and integrity of the Corning’s global financial accounting in accordance with Generally Accepted Accounting Principles (US GAAP). This position reports to the Vice President & Assistant Corporate Controller. He or she will be responsible for providing the strategic direction for the technical accounting team and for acting as Company’s subject matter expert for technical accounting matters. This is a global position and will partner closely with business accounting teams around the world, as well as Global FP&A, Tax, Treasury and other functions across the organization to provide technical accounting guidance to ensure transactions are accounted for accurately in Company’s consolidated financial statements. This role also partners with the SEC Reporting team to prepare and review sections of the Company’s quarterly SEC filings (10-Q/K).

Key Responsibilities

• Provide global oversight of technical accounting policies and proactively assess the impact of new U.S. GAAP accounting standards

• Lead a global technical accounting team to support businesses on a variety of accounting matters to drive business decision-making and proper application of accounting and disclosure standards and regulations.

• Proactively participate in the analysis of complex accounting matters, communicating results succinctly for non-accountants to understand

• Establish the team as a key business partner and “go-to” resource to provide technical accounting guidance to businesses and Corporate functions

• Provide global oversight of accounting policies and proactively monitor and assess the impact of new accounting standards

• Partner with the Director of Financial Reporting on the coordination and preparation of SEC filings and ensuring compliance to required presentation and disclosures

• Direct interaction with external auditors on technical accounting matters, memoranda and Company’s application of policy

• Lead cross-functional and cross-regional implementation of various finance accounting initiatives

• Influence decision making within a matrix management structure that positively impacts strategic business objectives

• Provide oversight, guidance and coaching to develop a team of high-performing professionals that add-value and contribute toCompany’s success

Experiences/Education - Required

• Bachelor's Degree in Accounting - Required (Master's Degree Preferred)

• Certified Public Accountant, Big 4 public accounting and audit experience

• Minimum of 12 to 15 years auditing, accounting, reporting experiences

• Thorough knowledge of US GAAP, strong technical writing skills and experience in the implementation and handling of complex U.S. GAAP accounting matters with proven ability to research and clearly articulate and document complex technical accounting issues

• Ability to work well under pressure; strong problem solving skills and ability to manage multiple projects simultaneously

• Excellent inter-personal skills and a proven ability to build and maintain stakeholder relationships at all levels

• Ability to think strategically and support business objectives

• Strong communication, interpersonal and influencing skills and ability to work effectively in a matrix management structure in a complex and diverse, international and multi-cultural environment

Travel Requirement: <20%

This position does not support immigration sponsorship.

The range for this position is $181,530.00 - $249,604.00 assuming full time status. Starting pay for the successful applicant is dependent on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position are dependent on hours worked and may include medical, dental, vision, 401(k) plan, pension plan, life insurance coverage, disability benefits, and PTO.

Corning Puts YOU First!

We are committed to supporting your health, financial, career development, and life goals as you grow professionally and personally to achieve your highest potential. All benefits begin as soon as you start your career at Corning.

• Our monetary peer-to-peer recognition program is tied to ourand celebrates you and your colleagues’ contributions.

• Health and well-being benefits include medical, dental, vision, paid parental leave, mental health/substance use, fitness, and disease management programs.

• Financial benefits include a 401(k) savings plan with company matching contributions and a 100% company-paid pension benefit that grows steadily throughout your career.

• Companywide bonus and attractive short- and long-term compensation programs are available based on your role and responsibilities.

• Professional development programs help you grow and achieve your career goals.

We prohibit discrimination on the basis of race, color, gender, age, religion, national origin, sexual orientation, gender identity or expression, disability, veteran status or any other legally protected status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To request an accommodation, please contact us at.

Nearest Major Market: Corning