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Manager, Technical Accounting & Financial Reporting - Legence

Dallas, TX, USA ● Houston, TX, USA ● Texas, USA Req #1226
Thursday, November 16, 2023
Legence, a Blackstone portfolio company, is an Energy Transition Accelerator™ that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in mission-critical and high performance facilities. With five decades of expertise in the built environment, Legence has a proven track record of reducing carbon emissions, implementing renewables, lowering utility costs through efficiency consumption, and making systems run better at unmatched speed and scale.

Location: Dallas, TX, Houston, TX


Position Description Summary

The Manager, Technical Accounting & Financial Reporting works closely with the team to address relevant technical accounting matters including revenue recognition, lease accounting, mergers and acquisition accounting, adoption of new accounting standards, support of accounting operations in the application of U.S. GAAP, and maintenance of company-wide accounting policies.

Essential Job Responsibilities

  • Serve as US GAAP resource, including preparation/review of technical accounting memos and analysis.
  • Provide corporate oversight of company-wide revenue recognition, including reviews of customer contracts in accordance with ASC 606, Revenue from Contracts with Customers
  • Provide guidance on appropriate treatment for lease accounting, including lease modifications and terminations. Manage and maintain lease accounting and reporting.
  • Monitor major corporate events, including significant contracts, mergers and acquisitions, debt and equity offerings, derivative financial instruments, and stock-based compensation plans. Research, analyze, and document accounting and reporting implications and assist with related complex accounting journal entries, reconciliations, and disclosures.
  • Oversee technical accounting related to M&A activities, including purchase accounting and accounting policy alignment considerations. Prepare technical revenue policies for the integration of new acquisitions.
  • Oversee accounting of equity-related transactions and stock-based compensation plans, including the valuation, forecasting, recording, and reporting of stock-based compensation expense and related tax impact.
  • Analyze new accounting guidance from the FASB, SEC and other regulatory bodies, including evaluating the impact of new guidance on the Company’s financial statements. Implement and educate divisions of necessary changes, and ensure proper disclosure.
  • Prepare, update, and monitor adherence to accounting policies
  • Coordinate with external auditors regarding technical accounting and financial reporting related deliverables.
  • Assist with special projects and perform various other tasks and ad hoc analysis, as assigned.

Essential Knowledge, Skills, and Abilities:

  • Operates at the highest standards of business ethics, honesty, personal integrity, and professionalism.
  • Strong attention to detail, rigorous and methodical
  • Self-starter with a positive attitude that takes initiative and drives results.
  • Clear and concise written and verbal communication. Ability to translate complex issues into simple and easy to understand terms.
  • Strong project management skills and ability to work remotely and effectively in a distributed matrix organization.
  • Travel and in-office collaboration several times a year.
  • Adaptable to change and ability to pivot priorities in a fast-paced, deadline driven environment.
  • Critical thinking skills to solve problems and identify opportunities for process improvement.
  • Strong computer skills including knowledge of computer financial and ERP packages.

Required Education and/or Experience:

  • 6+ years of progressive experience in accounting with demonstrated technical accounting skills.
  • Big 4 experience required.
  • Bachelor's Degree in Accounting.
  • Certified Public Accountant (CPA) required.
  • Experience in external financial reporting, including extensive knowledge of GAAP and SEC rules and regulations.
  • Experience in technical accounting research and documentation.

We are unable to provide immigration sponsorship for this position.

#LI-JS1 #LI-Remote

Health and Welfare Benefits
  • Health and Welfare
  • Medical
  • Dental
  • Vision
  • Prescription drug
  • Employee assistance program
Personal Benefits
  • Paid vacation
  • Company-paid holidays
  • Sick leave
  • Bereavement leave
  • Jury duty
Financial Benefits
  • 401(k) retirement savings plan
  • Company-paid long-term disability insurance
  • AD&D insurance
  • Life insurance
Contingent Employment Statement
Offers of employment for this role may be contingent upon successfully passing a background check and/or drug screen. Execution of screens will vary based on role requirements and Company policy. All background checks and drug screens will be done in accordance with applicable federal, state, or local law.
Equal Employment Opportunity Employer
Legence and its affiliate companies are proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, other non-merit-based factors, and any other characteristic protected under applicable local, state or federal laws and regulations.
EEO is the Law 
Reasonable Accommodations
If you require assistance applying online, email ta@wearelegence.com. Please include a description of the specific accommodations you are requesting as well as the job title and requisition number of the position for which you are applying. If you are selected for an interview, please notify your recruiter of your accommodation needs. All efforts to provide reasonable accommodations will be made. 

To all recruitment agencies
Legence and its affiliate companies do not accept unsolicited agency resumes. Do not forward resumes to our career’s alias or employees of Legence and/or its affiliate companies. Legence and/or its affiliate companies are not responsible for any fees related to unsolicited resumes. Any third-party recruiting agreements for Legence and its affiliate companies may only be executed by Legence Holdings LLC’s CHRO or Director of Talent Acquisition, without exception. All others are done without proper authorization and will not be honored.  We will not be responsible for any fees under any third-party recruiting agreement not executed by said authority.

Pay Transparency Nondiscrimination Provision
Legence and its affiliate companies will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)  

Other details

  • Pay Type Salary
  • Travel Required Yes
  • Required Education Bachelor’s Degree
Location on Google Maps
  • Dallas, TX, USA
  • Houston, TX, USA
  • Texas, USA