Sr. Analyst, External Reporting & Corporate Accounting - The Toro Company

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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 ahealthy tenure, come find out what makes The Toro Company the best place in the Twin Cities to build a career.

As Sr. Analyst, External Reporting, you will collaborate with business partners and finance team members to ensure The Toro Company's (“TTC”) external and technical reports meet US GAAP and SEC standards.

What Will You Do?

In order togrow and build a successful career with The Toro Company, you willbe 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.
• Responsible for equity accounting and reporting:
  • Record and reconcile equity transactions such as stock issuances, options, and restricted stock units (RSUs).
  • Utilize valuation models such as Black-Scholes to determine the fair value of stock option awards.
  • Calculate and record expense for stock-based compensation in accordance with ASC 718.
  • Maintain accurate general ledger accounts for stockholders’ equity.
• 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.
• 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 equity, derivatives, and deferred revenue, including completing quarterly account reconciliations of certain general ledger accounts.
• Cross-Functional Collaboration
  • Partner with Human Resources, Legal, FP&A, and Treasury teams on equity-related matters.
• Support corporate activities such as dividends, share repurchases, and stock splits. External Service Coordination
  • Collaborate with third-party service providers such as transfer agents and equity plan administrators to ensure accurate processing of equity transactions.
  • Monitor and reconcile data between internal and external platforms.

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
• Analyst III (Sr.): Requires a minimum of 5+ years of relevant experience OR minimum of 4+ years’ experience in Big 4 public accounting
• Analyst II: Requires a minimum of 3+ years of relevant experience OR minimum of 1+ years’ experience in Big 4 public accounting

Preferred qualifications:

• 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 ofperks, including: 

Dress for your day- We knowyou'remore productive whenyou'recomfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. 

Location– Convenientlylocatednear both St. Paul and Minneapolis, we are centrallylocatedfor 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 promotedteam-buildingand 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​$85,000 - $105,000. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early withthedailypayapp. 

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’llneverbe requiredto pay any fees ordisclosepersonal 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 discriminateon the basis ofrace, 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.