Sr. Financial Reporting Accountant - External Reporting
Lamb Weston

Eagle, Idaho

Posted in Manufacturing and Production


This job has expired.

Job Info


Job Description Summary
This position is responsible for tasks supporting financial reporting and corporate accounting processes at Lamb Weston. This includes assisting with the preparation of quarterly and annual SEC filing and accounting areas such as leases, stock compensation, pensions, workers compensation, deferred compensation, bonus accruals, and dividend accounting, among other areas. This position requires extensive knowledge of Generally Accepted Accounting Principles (GAAP). This position will partner frequently with personnel at all levels within the Controllers Organization and throughout the Company. The consistency, accuracy, and timeliness of this communication are vital and must clearly convey all outstanding issues.

Job Description

  • Provide support for internal and external financial statements in compliance with GAAP and/or other regulatory requirements.
  • Participate actively in recurring and special projects involving accounting matters, such as policy updates, compliance support, and process improvement initiatives.
  • Research and provide financial analysis related to incentive compensation, leases, stock compensation, pensions, workers compensation, dividend accounting and other complex accounting areas.
  • Participate in and perform period-end close activities with timely completion of assigned tasks, including identification and resolution of unusual items and issues in a timely and accurate manner.
  • Prepare monthly accounting schedules as support for the balance sheet account reconciliations and financial audits, and provide analytic support to business partners as required.
  • Perform general accounting activities in the SAP general ledger.
  • Exercise judgment in financial, operational, or transactional analysis to identify and resolve issues.
  • Assist in internal and external audits.
  • Maintain effectiveness of processes, procedures, and control environment.
  • Effectively communicate information impacting both internal and external customers.
  • Alert management of situations that may materially affect the company's overall financial condition.
  • Successfully work in a team environment and across business groups within the company.
  • Ensure compliance with SOX Controls and Lamb Weston policies.

Principle Challenges/Complexity:
  • Review results from closing of financial systems and identify and resolve unusual items and issues in a timely and accurate manner.
  • Prioritize multiple activities to ensure accurate and timely completion of both scheduled and extemporaneous tasks within a tight deadline.
  • Functional involvement in change management is frequent and eminent.

Job Qualifications
  • Bachelor's degree in accounting or finance
  • CPA and/or advanced degree preferred
  • 5+ years of business experience in public accounting, corporate accounting, financial reporting, etc.
  • SEC/audit experience preferred
  • Solid understanding of generally accepted accounting principles required
  • Strong communication, organization, and planning skills
  • Ability to work on multiple projects and assignments at the same time to reach resolution
  • Ability to research problems independently and propose business solutions
  • Ability to reach out to various levels within the organization in order to resolve issues.
  • Ability to identify and promptly communicate situations that may materially affect the company's overall financial condition.
  • Proficient PC and MS Office skills

Learning and Development Expected in Role
  • Detailed understanding of assigned areas and the correlation back to the business operations
  • Develop financial acumen and expertise associated with assigned areas of responsibility
  • Enhance communication skills
  • Actively take initiative and work independently
  • Build leadership and project management skills
  • Enhance understanding of Lamb Weston business
  • Participate in continuing education


This job has expired.

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