Expense Allocation Director

Expense Allocation Director Overview

• The Expense Allocation Director leads global allocation accounting processes, ensuring accurate financial reporting and controls within a dynamic, multi-currency environment.
• Collaborate with cross-functional teams to enhance allocation methodologies and drive process improvements across finance systems.
• Oversee allocation model governance, ensuring transparency, scalability, and compliance with statutory requirements.
• Work within a hybrid environment, balancing in-office collaboration with remote flexibility for optimal work-life balance.
• Join an international corporation offering stability, growth, and opportunities for professional development.
• Contribute to a culture of learning with access to leadership development and mentorship programs.
• Engage in innovative practices, leveraging AI tools to streamline workflows and enhance decision-making.
• Support organizational objectives by ensuring allocation outputs align with management reporting and statutory accounting.

Expense Allocation Director Key Responsibilities & Duties

• Lead the review and redesign of allocation methodologies, ensuring accuracy and scalability across finance systems.
• Maintain allocation models, including documentation, reconciliation, and governance frameworks for periodic reviews.
• Collaborate with FP&A, Tax, Treasury, and Operations teams to align allocation outcomes with organizational objectives.
• Oversee monthly execution of allocation processes, strengthening controls and delivering transparent reporting.
• Support financial cycles, including budgeting, forecasting, and quarterly reporting, ensuring compliance with standards.
• Implement change-management and testing standards for allocation model and system updates.
• Present allocation results and financial outcomes to senior leadership, providing actionable insights.
• Coordinate decisions across regional controllers, auditors, and senior management to ensure alignment.

Expense Allocation Director Job Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or related field required.
• Minimum 7 years of experience in finance/accounting, with 10 years preferred.
• Proven expertise in allocation models within global, multi-entity, multi-currency environments.
• Experience with Oracle EPCM, Oracle Fusion Cloud EPM, SQL, or Python preferred.
• Strong understanding of intercompany reporting, statutory accounting, and allocation treatments.
• Demonstrated leadership and stakeholder management skills, with excellent communication abilities.
• Experience supporting SOX controls and managing complex audits.
• Ability to operate effectively in a hybrid work environment, balancing in-office and remote collaboration.