External Reporting Analyst - The Toro Company

Who Are We?

The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us.From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career.

As the ​External Reporting Analyst you will be a key contributor to ensure the timely and accurate preparation of The Toro Company’s (“TTC”) SEC filings, providing technical accounting assistance and analysis for new accounting pronouncements, as well as providing support to corporate accounting, including the preparation of journal entries and account reconciliations.

What Will You Do?

In order to grow and build a successful career with The Toro Company, you will be responsible for: ​​​​

• Responsible for the analysis and preparation of quarterly SEC external reporting requirements, including disclosures on Form 10-Q, Form 10-K and other miscellaneous accounting matters. Lead the preparation and analysis of the quarterly disclosure checklist.
• Stay in touch with new SEC and FASB pronouncements and provide analysis and preparation of technical accounting memos, detailing the company’s position to ensure proper accounting treatment.
• Lead the preparation of the company’s annual impairment analysis of goodwill and indefinite-lived intangible assets.
• Participate in acquisition-related purchase accounting and divestiture accounting for subsidiaries sold, including collaborating with external accounting firms and auditors regarding the valuation of acquired assets and assumed liabilities.
• Assist in the administration of SOX internal controls related to processes associated with external reporting.
• Assist in corporate accounting month-end close processes for technical accounting areas such as goodwill, intangible assets, and debt, including completing quarterly account reconciliations of certain general ledger accounts.

What Do You Need?

To be considered for this role, an individual should meet the following minimal requirements:

• BS / BA degree in Accounting, Finance, or Business required
• Analyst I: Requires a minimum of 1+ years of relevant experience
• Analyst II: Requires a minimum of 3+ years of relevant experience OR minimum of 2+ years’ experience in public accounting
• CPA preferred
• Public accounting and external reporting experience strongly preferred.
• Demonstrated understanding of ERP accounting systems and applications (SAP, Workiva, or OneStream experience helpful).
• Strong written and verbal communication skills.
• Proactive individual with leadership skills.
• Keen eye for continuous improvement opportunities with demonstrated ability to execute and implement change (process improvement, data integrity, clarity of data and messaging).
• Proficient in Microsoft Office Suite (Excel, Work, PowerPoint, Outlook).
• Proven contribution toward moderately complex projects and work assignments.
• Strong systems acumen and excellent analytical skills.

What Can We Give You?   

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at ourBloomington, MN HQlocation a variety of perks, including: 

Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. 

Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters! 

Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day. 

Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees. 

Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community. 

Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.

Flexible Work Arrangements – This team is currently implementing a hybrid work schedule. The opportunity to collaborate in the office and work from home part-time, has promoted team-building and flexibility.  ​#LI-Hybrid​

Competitive Salary – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the annual pay range is between ​$75,000 - $90,000. Cash compensation is one piece of our competitive total rewards package.You may be eligible to participate in an incentive program, which rewards employees based on individual and organizational performance. Eligibility and award amounts are determined by company policy and performance metrics.If you need to, you can access your pay early with the One@Work app, formerly the Even app.

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.  

The Toro Company is an Equal Opportunity Employer. We consider all qualified applicants based on merit and do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information, military service, or other non-merit factors. We are committed to creating a welcoming environment for all employees.