Financial Reporting Manager is responsible for managing the preparation and distribution of 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 Manager manages the financial reporting staff May work with external auditors to provide requested information. May assist with the preparation of materials for board or shareholders. Additionally, Financial Reporting Manager requires a bachelor's degree in accounting or finance. Typically reports to a director. The Financial Reporting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Financial Reporting Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
LHH Recruitment Solutions is seeking a Financial Reporting Manager that will oversee the preparation and distribution of periodic financial statements. This role involves ensuring that all reports comply with accounting standards, regulatory requirements, and company policies. The Financial Reporting Manager will also play a key role in the analysis and interpretation of financial data to support management decision-making.
Responsibilities:
- Prepare and manage the timely and accurate preparation of financial reports, including balance sheets, income statements, and cash flow statements.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other relevant regulatory requirements.
- Oversee the consolidation of financial results for multiple entities.
- Coordinate and manage the annual audit process, including liaising with external auditors.
- Develop and implement internal controls and financial reporting policies and procedures.
- Analyze financial data and present insights and recommendations to senior management.
- Support month-end and year-end close processes.
- Collaborate with other finance team members to ensure consistency and accuracy in financial reporting.
- Stay updated on new accounting standards and regulatory changes and assess their impact on the company.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA certification preferred.
- Minimum of 5 years of experience in financial reporting, public accounting, or a related field.
- Strong knowledge of GAAP and SEC reporting requirements.