Consolidations and Reporting Senior Analyst

IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 30 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life.

Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent in an engaged and thriving workforce that drives a sustainable future for our company and society.

Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits.

At IPG Photonics, we are redefining what is possible through advanced laser technology and innovation. We are seeking a strategic and hands-on  Consolidations Reporting Senior Analyst to play an integral role in the Company’s global financial consolidation process and manage key aspects of the SEC financial reporting process and reporting to the Company’s executive leadership team and Board of Directors. This role plays a key part in strengthening financial controls and advancing operational excellence as the organization continues to evolve and expand as a multinational manufacturing organization.

The Consolidations Reporting Senior Analyst will work in the Corporate Accounting and Financial Reporting Group based in Marlborough, MA on a hybrid basis.  The position will report to the Consolidations Reporting Manager and have frequent interactions with various groups and stakeholders throughout IPG. The Consolidations Reporting Senior Analyst will be primarily responsible for organizing the global consolidation of financial results of more than 30 reporting units worldwide, directly participating in the preparation of executive leadership team materials, board of director materials and SEC filings / earnings releases. You will work with subsidiary controllers and accounting personnel in each of the reporting locations to facilitate a successful month-end, quarter-end and year-end close.

Other responsibilities include:

• Reviewing entity submissions, to ensure all information is reconciled and all eliminations and consolidation entries are properly posted to comply with US GAAP, internal accounting policies and external reporting requirements.
• Partner with the Consolidations Reporting Manager to develop and maintain process documentation, desktop procedures, and training materials related to consolidation and group reporting.
• Play an integral part of drafting and coordination of external SEC financial statement preparation including Form 10Q / 10K filings, public earning releases and presentations to executive management and IPG’s Board of Directors using Workiva
• Prepare various technical corporate accounting analyses and footnote disclosures
• Work closely with technical accounting on various ad-hoc material accounting matters in-development and roll out of new policies, as requested.
• Play a pivotal role in the integration of entities into the consolidation after acquisitions.
• Partner with the Consolidations Reporting Manager to continuously enhance the efficiency, accuracy, and quality of information within the Planful consolidation system through the ongoing improvement of reports, data input templates and consolidation processes.
• Coordinate with local controllers and corporate accounting team on consolidation issues.
• Develop new input templates that add value to reporting and analysis.
• Assist with updating monthly management presentations using Workiva.
• Partner with Financial Planning and Analysis, Tax, Treasury and Investor Relations.
• Support special projects, ad hoc analysis, and management requests.

• 3-5+ years in public accounting auditing public, multinational clients or experience in a similar role in a US Public Company
• Experience with Sarbanes Oxley control requirements
• Detail orientation
• Ability to quickly learn financial accounting systems. We use Planful (formerly known as Host Analytics)  
• Experience with Workiva would be a plus
• Working knowledge of consolidation complexities such as multi-currency translation and intercompany eliminations, including intercompany profit in inventory
• Strong knowledge of US GAAP
• Good business acumen and the ability to apply the understanding of our business to reported results to identify potential issues or unusual items
• Excellent organization and teamwork skills
• A desire to continuously improve and refine systems, processes and data.
• Bachelor’s degree in the areas of Finance or Accounting. CPA or Master’s degree is a plus.
• Strong Excel skills