Director of Financial Reporting

Director Of Financial Reporting

Company Information: Wilks Brothers, LLC is a multifaceted, family-based partnership headquartered in Cisco, Texas with employees working in offices in Cisco, Willow Park, Fort Worth, Houston, and beyond. We invest in relationships and recognize the value in people, communities, and businesses. Our customers are not a number; they are a name, a family member, a friend. In the good times and in difficult times we treat them all equally – exactly how we want to be treated. We believe that business is not just about profit – it is personal too. At Wilks Brothers, we respect the people that make our business grow: our employees and our customers. Our goal is to develop mutually beneficial partnerships utilizing our core values of: Faith, Integrity, Team, Growth and Loyalty.

This position will be on site at our facility located in: Fort Worth, TX.

We do not offer visa sponsorship for this position.

Position Summary: The Director of Financial Reporting is responsible for overseeing the organization's consolidated financial reporting and ensuring compliance with U.S. GAAP and other applicable accounting requirements. Reporting to the Vice President of Accounting and Finance, this role leads the preparation and coordination of internal and external financial reporting, manages the consolidated reporting process across multiple operating companies, and serves as the organization's subject matter expert for technical accounting matters. The Director of Financial Reporting partners closely with Accounting, Finance, Tax, and operational leaders to ensure the accuracy, consistency, and integrity of financial information throughout the organization.

Key Roles / Responsibilities:

Financial Reporting:

• Lead the preparation and review of monthly, quarterly, and annual consolidated financial statements for the holding company and its subsidiaries.
• Coordinate reporting timelines and deliverables to ensure the timely completion of all reporting requirements.
• Prepare executive-level financial reporting packages and supporting schedules.
• Ensure consistency and accuracy of financial information reported across legal entities and business units.
• Perform analytical reviews of financial results and investigate significant fluctuations, trends, and reporting anomalies.
• Support lender, investor, and other stakeholder reporting requirements as needed.

Consolidation Accounting:

• Own the monthly consolidation process for all legal entities within the organization.
• Review consolidation entries, intercompany eliminations, and related account reconciliations.
• Ensure proper accounting treatment for complex organizational structures and ownership arrangements.
• Maintain and enhance consolidation processes, reporting templates, and supporting documentation.
• Coordinate with subsidiary accounting teams to ensure accurate and complete financial information is submitted on a timely basis.

Technical Accounting:

• Serve as the organization's primary resource for technical accounting guidance and application of U.S. GAAP.
• Research, document, and communicate accounting conclusions for complex and non-routine transactions.
• Evaluate the impact of new accounting standards and regulatory requirements on the organization.
• Prepare accounting memoranda and technical position papers supporting significant accounting judgments and conclusions.
• Provide accounting guidance related to acquisitions, divestitures, legal entity restructuring, debt transactions, equity transactions, and other complex business events.

Audit & Compliance:

• Serve as the primary accounting contact for external auditors regarding financial reporting matters.
• Coordinate audit requests and provide supporting schedules, analyses, and documentation.
• Lead the preparation of audited financial statements and related footnote disclosures.
• Support compliance with GAAP, lender reporting requirements, and other financial reporting obligations.
• Monitor changes in accounting standards and reporting requirements and recommend appropriate actions.

Financial Reporting Controls:

• Maintain controls and procedures related to financial reporting and consolidation activities.
• Ensure appropriate documentation exists to support reporting processes and accounting conclusions.
• Identify opportunities to strengthen reporting accuracy, consistency, and compliance.
• Support internal control assessments and remediation efforts related to financial reporting.

Systems & Process Improvement:

• Lead initiatives to enhance financial reporting processes, reporting quality, and reporting efficiency.
• Partner with accounting and finance leadership to optimize financial reporting systems and consolidation tools.
• Develop standardized reporting templates and reporting methodologies across operating entities.
• Improve automation and reporting capabilities to support organizational growth and scalability.

Cross-Functional Partnership:

• Collaborate with the Director of Accounting to ensure accurate accounting data supports reporting requirements.
• Partner with Finance, Tax, Legal, and operational leadership on reporting implications of business activities.
• Support integration of newly acquired entities into the reporting and consolidation process.
• Provide reporting and accounting expertise for special projects and strategic initiatives.

Required Education, Experience, and Qualifications:

• Bachelor's degree in Accounting required.
• CPA required.
• 5+ years of progressive accounting and financial reporting experience.
• Experience preparing and managing consolidated financial statements for multi-entity organizations.
• Strong knowledge of U.S. GAAP, consolidation accounting, and financial statement presentation.
• Experience researching and applying technical accounting guidance.
• Experience coordinating external audits and preparing audited financial statements.
• Experience within a holding company, conglomerate, private equity-backed organization, public company, or complex multi-subsidiary environment preferred.
• Advanced proficiency with ERP systems and financial reporting applications.
• Exceptional analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills, including the ability to communicate technical accounting matters to non-accounting stakeholders.
• Demonstrated ability to independently manage multiple priorities and deadlines in a fast-paced environment.

Working Conditions:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.
• Positions self to install equipment, including under desks.
• Moves throughout the building to access files.
• Must be able to comprehend and follow written and oral instructions.
• Must be able to complete tasks even with frequent interruptions.
• Must be able to use discretion and independent judgment as needed.
• Must be able to speak clearly on the phone and to fellow workers.

Benefits:

• Competitive Compensation Package
• Medical + Dental + Vision Coverage
• 401K + Company Match
• Life Insurance + Long Term Disability Coverage – 100% Company Paid
• Health Savings Account (HSA)
• Gym Reimbursement Program
• Tuition Reimbursement Program
• Wellness Check Program - Insurance Premium Discounts
• Life Assistance Resources
• Paid Holidays
• Paid Time Off (PTO)

Wilks Brothers and affiliated companies does not accept unsolicited resumes from recruitment agencies or fee based recruitment services. Recruitment agencies or recruitment services may contact View email address on click.appcast.io for more information.

This job description should not be interpreted as an exhaustive list of responsibilities or as an employment agreement between the employer and the employee. The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification and are subject to change as the needs of the employer and requirements of the job change. Any essential functions of this position will be evaluated as necessary should an employee/applicant be unable to perform the functions or requirements due to a disability as defined by the Americans with Disabilities Act (ADA). Reasonable accommodation for the specific disability will be made for the employee/applicant when possible.

I acknowledge that I have read and understand the description of this position and have had the opportunity to ask my supervisor about any points I did not understand. I hereby state that I can perform the essential functions of this position with or without reasonable accommodation.

#LI-AH1 #WILKSBROTHERS #LI-ONSITE

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.