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Trane Technologies Senior Analyst - Technical Accounting in Davidson, North Carolina

At Trane Technologies TM and through our businesses including Trane ® and Thermo King ® , we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE !

  • Family building benefits include fertility coverage and adoption/surrogacy assistance.

  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.

  • Paid time off, including in support of volunteer and parental leave needs.

  • Educational and training opportunities through company programs along with tuition assistance and student debt support .

  • Learn moreabout our benefitshere (https://careers.tranetechnologies.com/global/en/benefits) !

Job Summary:

The Senior Accountant –Technical Accounting is an integral part of the Chief Accounting Officer’s organization, based in Davidson, North Carolina, and reports directly to the Manager, Technical Accounting, Reporting Policy. This role serves a critical role and will have significant interface with our corporate functions, business unit leaders, as well as the external auditors. The Senior Accountant – Technical Accounting is responsible for supporting the businesses on accounting inquiries, reaching conclusions on complex accounting issues, supporting acquisitions and other strategic transactions, as well as development and updating of corporate accounting policies and procedures relating to a wide variety of accounting issues.

This role has been designated as hybrid.

Responsibilities:

The individual is responsible for, but not limited to, the following:

  • Work with business units to resolve accounting issues as they arise

  • Research complex accounting transactions and prepare position papers on conclusions

  • Provide guidance on and assist with keeping current on all Trane Technologies’ internal financial policies

  • Assist in preparation and presentation of accounting trainings

  • Review quarterly ASC 606 revenue controls to ensure proper revenue recognition

  • Assist in preparation of audit committee material

  • Assist with the preparation and review of annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any other financial filings as required by the SEC

  • Work with external auditors to address accounting issues and assist in the review and audit of SEC filings and the annual report

  • Remain current and proactive on new accounting and reporting guidance affecting the company in order to interpret and assess potential financial impacts and implement new accounting standards

  • Drive ongoing process improvement between the business units, FP&A, Investor Relations, and the Financial Reporting (Consolidations & External Reporting) departments

In addition, the individual will be a key contributor in the following:

  • Impairment testing of goodwill and indefinite lived intangible assets

  • Accounting for acquisitions, including determination and allocation of purchase price

  • Accounting and reporting for divestitures

  • Collaboration with Treasury on derivatives and hedging

The overall objective of this job is to monitor and ensure that the company’s financial statements, disclosures and policies are in accordance with GAAP, while proactively understanding the effect of future pronouncements on the business units and enterprise as a whole.

Professional Skills:

  • Strong analytical and critical thinking skills

  • General knowledge of generally accepted accounting principles is required

  • Experience in researching technical accounting issues and making recommendations

  • Strong verbal and written communication skills for interactions with management

  • High attention to detail

  • Team player, able to build rapport throughout the organization

  • Focus on continuous improvement

  • Must demonstrate high personal integrity and ethics

Qualifications:

  • Minimum of 2 years of experience, preferably with a Big 4 firm, or similar roles in a Fortune 1000 company in a Technical Accounting and/or SEC reporting capacity

  • Bachelor's degree in Accounting, Finance or equivalent required

  • MBA or Master of Accounting preferred

  • CPA or actively working towards CPA required

  • Experience with SEC rules and U.S. GAAP required

Base Compensation Range is $94,500-119,500. Disclaimer: This base salary range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

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