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McCormick & Company
Director, Controllership Integration
Career Insights for Corporate Development Manager
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What they do
A Corporate Development Manager helps develop, manage and analyze corporate development through mergers and acquisitions or strategic alliances. Leads research, cost/benefit analyses of mergers, and communicates results to stakeholders. Includes developing and maintaining professional relationships, marketing the proposed changes and assisting in transitions.
$132,274 / year median in Maryland
+2% projected growth
Job Description
You may know McCormick as a leader in herbs, spices, seasonings, and condiments
- and we're only getting started. At McCormick, we're always looking for new people to bring their unique flavor to our team. McCormick employees
- all 14,000 of us across the world
- are what makes this company a great place to work.
Table:
The best people deserve the best rewards. In addition to the benefits you'd expect from a global leader (401k, health insurance, paid time off, etc.) we also offer: Competitive compensation Career growth opportunities Flexibility and Support for diverse life stages and choices Wellbeing programs including physical, mental and financial wellness Tuition assistance The Director Controllership Integration will be responsible for overseeing the Controllership workstream and related sub-workstreams for the McCormick and Unilever Foods integration (the "Transaction"). The Director will have one direct report, the Senior Manager Controllership Integration and will oversee a broader team of workstream owners and advisors executing across the Controllership sub-workstreams. This role requires deep technical expertise, strong project management skills, and the ability to communicate cross-functionally. This role has exposure to the global Finance and Integration Management organizations and will have opportunities to present integration status to senior Finance leadership including the VP & Controller and other senior integration leaders. This role is fully dedicated to integration activities through the close of the Transaction and for a period thereafter, with an eventual transition into the end state organizational design.Key Responsibilities Technical Accounting & Financial Reporting:
Own the integration activities related to financial reporting, including IFRS-to-US-GAAP conversion, accounting policy alignment, and external reporting requirements Direct the preparation of the pro forma financial information, for inclusion in an S-4 filing, oversee the opening balance sheet / purchase accounting workstream, including purchase price allocation, fair value assessments, and preparation of technical accounting memoranda under ASC 805 Drive financing transactions, comfort letters, and secondary listing activity (prospectus / pro forma requirements), partnering with Treasury, Legal, and external advisors Serve as the senior technical escalation point for complex or novel accounting positions arising across the integration, ensuring positions are well-researched and documentedOversight of Accounting Sub-Workstreams:
Provide technical review and final approval of the accounting positions and process designs developed by the Senior Manager- Controllership Integration across the following sub-workstreams: derivative accounting, employee benefit plans, stock compensation, segment reporting, transition service agreements (TSA), interim operating model (IOM), foreign exchange, lease accounting, joint ventures/VIEs, and non-GAAP positions Set standards for process establishment and control design across sub-workstreams, ensuring consistency with McCormick accounting policy and readiness for external audit
Integration Governance & Leadership:
Own the overall Controllership integration governance model, defining workstream structure, decision rights, and escalation paths across accounting, financial reporting, transaction, and secondary listing workstreams Manage and coordinate multiple external advisory firm relationships to ensure advisor scope, deliverables, and cost stay aligned to workstream needs Deliver executive-level integration status reporting to the VP & Controller and other senior integration leadership, driving timely decisions on Controllership integration matters Drive cross-functional coordination with Finance, IT, HR, and other operational teams to ensure Controllership integration stays aligned to overall deal timelines Support workshops and governance sessions that may require international travel, representing Controllership integration with UL Foods Finance leadership and other cross-border stakeholders Support people-focused integration initiatives at a leadership level, modeling effective communication and fostering a positive transition experience for UL Foods employees Coordinate with Investor Relations on integration-related disclosures and other Finance matters requiring cross-functional alignment Required Qualifications Bachelor's degree in Accounting, Finance, Business, or related field CPA strongly preferred Master's degree preferred 10+ years progressive Accounting/Finance experience with a minimum of 5 years public accounting Experience in the consumer products industry is a plus Experience leading M&A integration efforts and managing external advisor relationships Demonstrated breadth and depth of US GAAP knowledge, especially under ASC 805 (business combinations) Experience with SEC filings requirements, including registration statements (S-4), pro forma financial information, and prospectus disclosures Demonstrated ability to support and analyze complex Accounting/Finance processes Experience managing and developing Accounting/Finance professionals Proven ability to lead cross-functional workstreams, influence stakeholders across multiple business functions, and communicate effectively with executive leadership Strong communication, program management, analytical, and problem-solving skills Microsoft Office Suite; SAP and Hyperion experience/skills a plus #LI-DNI Base Salary:
$140,610-253,080 Base salary compensation will be determined based on factors such as geographic location, skills, education, experience for this role, and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormick's Incentive Bonus (MIB) Plan/ McCormick's Sales Incentive Bonus (SIB) Plan/ McCormick's Dividend Program. In addition to a competitive compensation package, permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:- Comprehensive health plans covering medical, vision, dental, life and disability benefits
- Family-friendly benefits such as paid parental leave, fertility benefits, Employee Assistance Program, and caregiver support
- Retirement and investment programs including 401(k) and profit-sharing plans McCormick & Company is an equal opportunity/affirmative action employer.