Director SEC Reporting and Technical Accounting

At Western Union, we’re more than a trusted name in global payments. We’re moving beyond remittances, beyond cash, and beyond the expectations of our customers.

Our talented teams enable us to transform into a digital-first company, built on the strength of our retail foundation and powered by next-generation payments. All this with the goal of helping people prosper.

Our customers inspire us to push boundaries and create services that make life easier and communities stronger. Wherever you are in the world, we’re committed to shaping the next generation of financial experiences.

Join us as we go beyond and be part of a team that’s redefining what’s possible.

Role responsibilities:

Ensure accurate, timely and compliant SEC reporting, including Forms 10-K/Q, Forms 8-K, earnings releases, proxy, registration statements, and other critical filings. Reviews and completes consolidation of global results for the Company’s subsidiaries.  Ensures accuracy of financial information communicated externally, including through investor and rating agency presentations.  Directs accounting for the Company’s stock compensation programs worldwide.  Establishes accounting policies and analyzes and implements new FASB and SEC rules, regulations, and interpretations.  Reviews significant new partnerships, contracts, new products/services, mergers, acquisitions, and divestitures, and novel situations for the appropriate accounting, valuation, and integration planning considerations.  Responsible for valuation of intangible assets such as goodwill, software, and customer relationships, including the related impairment testing.

Financial Reporting, including:

• 10-K / 10-Q / Earnings release, earnings script, and slides
• Supporting schedules and Board/Audit Committee quarterly reporting
• Global consolidations, eliminations, translation
• Equity accounting, including stock compensation, repurchases, and dividends.
• Non-GAAP reporting and reconciliations
• Proxy and annual shareholder report tie-out and pay vs. performance calculation.
• IFRS stock compensation accounting and reporting
• Corporate financial statement audit support
• Oracle and HFM software upgrades – planning, test cases, UAT
• Debt offerings’ registration statements and prospectus

Technical Accounting, including:

• Accounting for new products, services, and initiatives, such as digital wallets, prepaid cards, stablecoins
• Accounting for new contracts with agents/partners
• Accounting for novel situations such as restructurings and variable interest entities
• Software capitalization review and approval
• Hedge accounting review and approval for the company’s foreign currency and interest rate hedging programs.
• Business combination and divestiture accounting and valuation
• Financial due diligence related to prospective M&A activity.
• Impairment reviews for the company’s equity method and cost method investments
• Impairment testing for intangible assets such as trademarks, software, contract costs and goodwill
• Borrowing activity including bond offerings, debt refinancing and extinguishments
• Ownership of the company’s global accounting policies
• Implementation of new accounting pronouncements
• Accounting and reporting for employee benefit plans (401K, ESPP, etc.)

 Role Requirements

• 8 or more years of relevant technical accounting and SEC reporting required.
• Bachelor’s degree in accounting. CPA required
• Demonstrated leadership experience in effectively setting priorities, managing multiple staff.
• The role requires deep technical understanding of US GAAP including revenue recognition, hedge accounting, lease accounting, business combinations, fair value principles, and impairments of long-lived assets.
• History of problem-solving technical, decision-making, communication and diplomacy skills.
• Knowledge of financial systems.
• Intermediate ability to analyze working processes for potential efficiencies and help implement automated solutions to achieve greater efficiencies.
• Advanced ability to work with multiple departments and multiple management levels.
•  Communication skills, including ability to influence others and work effectively across geographies and functions as well as to clearly and concisely present findings at all levels of the organization.

Work Shift

HYBRID – Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.

Benefits and Other Details

Your United States -specific benefits include:

• Paid Time off.
•  Medical, Dental and Life Insurance
•  Parental Leave
• Global Adoption Assistance
• 401K plan

For residents of Colorado, California, Connecticut, Delaware, Minnesota, and Pennsylvania: Please do not respond to any questions on this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.

Salary

The on-target earnings range is $215,000- $250,000 per year, which includes a base salary and short-term and long-term incentives that align individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.

As part of the application process, all applicants are required to take assessments. Western Union has partnered with a 3rd party provider to administer these tests. Applicants will need to provide their name and email address in order to process the assessments.

We are passionate about honoring our employees identity and fostering a feeling of belonging. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.