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Director, Technical Accounting

Company: Comcast Corporation
Location: Philadelphia
Posted on: February 9, 2024

Job Description:

Comcast brings together the best in media and technology. We drive innovation to create the world's best entertainment and online experiences. As a Fortune 50 leader, we set the pace in a variety of innovative and fascinating businesses and create career opportunities across a wide range of locations and disciplines. We are at the forefront of change and move at an amazing pace, thanks to our remarkable people, who bring cutting-edge products and services to life for millions of customers every day. If you share in our passion for teamwork, our vision to revolutionize industries and our goal to lead the future in media and technology, we want you to fast-forward your career at Comcast.Job SummaryThe Director, Technical Accounting, will serve as a subject matter expert regarding the application of U.S. GAAP to transactions within the Connectivity & Platforms ("C&P") segment of Comcast. The C&P segment consists of the domestic connectivity businesses of Comcast Cable (including Comcast Business), Comcast Advertising and SKY, operating in the UK, Ireland and Europe. This position will have responsibility for leading the processes and controls related to identification, documentation, communication and implementation of proposed and new accounting standards, accounting for complex contracts with customers and vendors, accounting for acquisitions, divestitures and joint ventures, and standardization of accounting policies and practices focusing primarily, although not exclusively, on SKY's operations. This position will also partner with various business units, focusing primarily on SKY, to evaluate the accounting impacts of potential new contracts with customers and vendors and lead the evaluation of the accounting models applicable to new or emerging businesses.Job DescriptionCore Responsibilities

  • Research and evaluate the accounting for new and complex transactions, including contracts with vendors and customers and accounting models for new or emerging businesses.
  • Review contracts, develop accounting positions and lead partnerships with business unit finance teams in evaluating the financial statement impacts of new or proposed transactions.
  • Lead the development of solutions or alternatives & drive issues through to resolution, including consultation with Comcast Corporate accounting & our external auditors.
  • Consult with business units and external auditors on technical accounting matters and the application and development of accounting policies.
  • Document and communicate the accounting for the transactions (both technical and operational accounting considerations).
  • Lead the update & harmonization of accounting policies across Comcast Cable and SKY, both domestically and internationally.
  • Proactively identify/research proposed new accounting standards and guidance (i.e., FASB, EITF, SEC and PCAOB guidance).
  • Develop interpretations and communications related to new accounting standards and guidance.
  • Lead the implementation of new accounting standards, including evaluation and documentation of technical and operational accounting considerations.
  • Consult with outside auditors on new accounting standards.
  • Present and train Comcast Cable & SKY management and accounting teams on U.S. GAAP accounting standards.
  • Assist in the preparation of financial reporting disclosures (MD&A and Footnotes) for new accounting standards.
  • Support leadership of multinational team based in Philadelphia & London, UK (with key customers based in Philadelphia, London, UK, Munich, Germany and Milan, Italy).
  • Directs and oversees various accounting functions including accounts receivable, accounts payable, payroll, and general ledger accounting and reporting. Directs financial planning process for budgeting, forecasting, and long-range strategies.
  • Generates and distributes monthly, quarterly, and annual financial reporting. Reviews and analyzes monthly financial statements and explains variances to budget, forecast, and prior year.
  • Directs and oversees periodic audits of key operational processes.
  • Ensures legal and regulatory compliance to GAAP and Sarbanes Oxley for all accounting functions and financial reporting.
  • Provides leadership and direction to the Finance & Accounting staff by setting goals, objectives, performance criteria, and departmental standards.
  • Consistent exercise of independent judgment and discretion in matters of significance.
  • Regular, consistent, and punctual attendance. Must be able to work nights and weekends, variable schedule(s) as necessary. Due to the focus on our international operations, we expect the successful candidate to work an adjusted schedule to accommodate UK and European schedules.
  • Periodic travel to the UK & Europe required.
  • Other duties and responsibilities as assigned.Employees at all levels are expected to:
    • Understand our Operating Principles; make them the guidelines for how you do your job.
    • Own the customer experience - think and act in ways that put our customers first, give them seamless digital options at every touchpoint, and make them promoters of our products and services.
    • Know your stuff - be enthusiastic learners, users and advocates of our game-changing technology, products and services, especially our digital tools and experiences.
    • Win as a team - make big things happen by working together and being open to new ideas.
    • Be an active part of the Net Promoter System - a way of working that brings more employee and customer feedback into the company - by joining huddles, making call backs and helping us elevate opportunities to do better for our customers.
    • Drive results and growth.
    • Respect and promote inclusion & diversity.
    • Do what's right for each other, our customers, investors and our communities.Disclaimer:
      • This information has been designed to indicate the general nature and level of work performed by employees in this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications.Comcast is proud to be an equal opportunity workplace. We will consider all qualified applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information, or any other basis protected by applicable law.CertificationsCertified Public Accountant (CPA) - American Institute of Certified Public Accountants - American Institute of Certified Public AccountantsEducationBachelor's DegreeWhile possessing the stated degree is preferred, Comcast also may consider applicants who hold some combination of coursework and experience, or who have extensive related professional experience.Relevant Work Experience10 Years +Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. Most sales positions are eligible for a Commission under the terms of an applicable plan, while most non-sales positions are eligible for a Bonus. Additionally, Comcast provides best-in-class Benefits. We believe that benefits should connect you to the support you need when it matters most, and should help you care for those who matter most. That's why we provide an array of options, expert guidance and always-on tools, that are personalized to meet the needs of your reality - to help support you physically, financially and emotionally through the big milestones and in your everyday life. Please visit the compensation and benefits summary on our careers site for more details.

Keywords: Comcast Corporation, Philadelphia , Director, Technical Accounting, IT / Software / Systems , Philadelphia, Pennsylvania

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