Lumen Looking for Senior Director, Finance Separation Management at Broomfield, CO, United States Full Time

Job Description

About Lumen
Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With 450,000 route fiber miles serving customers in more than 60 countries, we deliver the fastest, most secure global platform for applications and data to help businesses, government and communities deliver amazing experiences. Learn more about Lumen’s network, edge cloud, security and communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies.

The Role

We are seeking an experienced accounting professional to lead divestiture and separation planning activities for Lumen’s Accounting and Financial Planning & Analysis (“FP&A”) teams. This position is responsible for directing and resolving issues related to customer and vendor separation and notifications; commercial, regulatory and corporate legal support related to financial matters and restructuring activities; affiliate arrangements and settlement; financial data segregation and ERP requirements; and impact of transition services agreements and other commercial arrangements arising from divestiture transactions. This role will collaborate with a team of professionals that support these activities for the Accounting and FP&A organizations and may directly manage a small team of personnel.

The Main Responsibilities

• Serve as primary point of contact for Separation Management Office requests and deliverables to be provided by Accounting and FP&A teams to drive timely execution and resolution of complex financial matters and Day 1 planning.
• Liaise with buyer personnel to address Day 1 activities and separation of financial processes and systems to create a joint operating model, including identification and escalation of key risks and priorities.
• Research issues and provide recommendations as it pertains to customer and vendor separation activities, including coordination of notifications to customers and vendors in partnership with Legal and other operational teams.
• Provide commercial, regulatory and corporate legal support and tax planning support related to financial matters and restructuring activities, including historical financial data and validation thereof.
• Develop recommendations for financial data segregation to align with security, data privacy and Sarbanes-Oxley compliance needs, including identification of ERP requirements in partnership with IT teams.
• Evaluate transition services agreements and other commercial arrangements related to divestiture transactions to identify financial accounting and reporting impacts.
• Manage requests for financial information and data as required in connection with purchase agreement terms to support ongoing diligence and carve-out financial reporting.
• Support ad hoc requests for guidance and information as it relates to divestiture transactions and finance-related separation activities.

What We Look For in a Candidate

• Knowledge and application of generally accepted accounting principles, including ASC 205, ASC 360, ASC 420 and ASC 810.
• Bachelor’s or Master’s degree in Accounting.
• Minimum of 12 years of total accounting experience with at least three years in a public company with a large ERP system.
• Minimum of 5-7 years of supervisory experience.
• Thorough understanding of Sarbanes-Oxley requirements and application of internal controls over financial reporting (ICFR).
• Ability to work in a complex environment and handle multiple projects concurrently.
• Excellent analytical and problem-solving skills.
• Strong verbal and written communication and presentation skills.
• Strong leadership and training/development experience.

Qualifications:

• Certified Public Accountant preferred.
• Public accounting experience, Big-4 preferred.
• Experience with large scale ERP and consolidation platforms preferred.
• Experience with divestiture transactions and carve-out financial statements required.

Requisition #: 301751
EEO Statement
We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, veteran status, disability, genetic characteristic or information, age, gender, sexual orientation, gender identity, marital status, family status, pregnancy, or other legally protected status (collectively, “protected statuses”). We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.
Disclaimer
The above job definition information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Job duties and responsibilities are subject to change based on changing business needs and conditions.

Salary Range

Salary Min :
135540

Salary Max :
301680
This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience and other relevant factors.
This position is eligible for either short-term incentives or sales compensation. Director and VP positions also are eligible for long-term incentive. To learn more about our bonus structure, you can view additional information here. We’re able to answer any additional questions you may have as you move through the selection process.
As part of our comprehensive benefits package, Lumen offers a broad range of Health, Life, Voluntary Lifestyle and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing. You can learn more by clicking here.
Note: For union-represented postings, wage rates and ranges are governed by applicable collective bargaining agreement provisions.

Salary Range

Salary Min :
135540

Salary Max :
301680
This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job’s location. We offer competitive pay that varies based on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss with us as you move through the selection process.