Financial Reporting Director directs and oversees the preparation and distribution of all periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Director confirms that entries, transactions, and accounts are accurately and properly consolidated and are included in internal and external financial statements. Advises management of trends and changes in reporting requirements and recommends best approach for any changes in reporting. Additionally, Financial Reporting Director may serve as a liaison with or oversee the work of external auditors. May direct the preparation of materials for board or shareholders. Requires a bachelor's degree of Accounting or Finance. Typically reports to top management. The Financial Reporting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Reporting Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
KNOWLEDGES, SKILLS AND CAPACITIES: A thorough knowledge of the principles and practices of government finances; a working knowledge of the principles and practices of the state’s accounting system; a working knowledge of governmental financial management and financial applications; the ability to plan organize, supervise and direct the work of staff engaged in verification, reporting, and analysis; the ability to determine overhead rates and formulate indirect cost proposals; the ability to prepare and submit special and recurring reports; the ability to deal with the public and state agencies in a tactful and courteous manner; and related capacities and abilities.
EDUCATION AND EXPERIENCE:
Education: Such as may have been gained through: graduation from a college of recognized standing with specialization in accounting or financial analysis; and
Experience: Such as may have been gained through: employment in a responsible capacity supervisory capacity in the accounting and finance field.
Or, any combination of education and experience that shall be substantially equivalent to the above education and experience.