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 of Accounting or Finance. Typically reports to top management. 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. Extensive knowledge of department processes. To be a Financial Reporting Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
Financial Reporting Manager Job Description Template
Our company is looking for a Financial Reporting Manager to join our team.
Responsibilities:
- Coordinate monthly/quarterly close process through to financial statement preparation and reporting;
- Evaluate and implement processes for efficiency and automation; work with operational team to find workable solutions;
- o Additionally, ensures compliance with rules adopted by the SEC to implement the Sarbanes-Oxley Act for internal control over financial reporting;
- Coordinates and provides direction for special projects or ad-hoc reporting requests for Financial Reporting, as requested;
- o Collaborating with the service provider on disclosure updates, comment resolution and meeting regulatory deadlines;
- o This includes managing the annual audits, reviewing the financial reports for accuracy and consistency with other Invesco products;
- Provides advisory services for all Invesco products by participating in the OFCFO sub-committees;
- Leads the development and implementation of internal controls and procedures;
- Maintains up-to-date technical knowledge of existing and new accounting and SEC guidelines for the investment company industry;
- o Develops and oversees implementation of procedures to incorporate new guidance/requirements into report production process;
- Designation as a Certified Public Accountant is strongly preferred;
- Creating ad-hoc reporting on financial performance;
- Ensuring timely and accurate completion of period-end close including their own work and the work of others;
- Providing in-depth technical accounting analysis, memorandums, and maintenance;
- Preparing month-end allocation of costs to departments, divisions, etc.
Requirements:
- Advanced Microsoft Excel skills; experience with Microsoft Dynamics (Great Plains) a plus;
- Excellent communication and interpersonal skills with an ability to interact with all levels;
- Strong analytical skills and problem solving; ability to dig in to problems and drive resolutions;
- CPA preferred and/or Degree in accounting plus relevant experience;
- Audit and/or project management experience – minimum 4 years;
- Experience in digital business desired; media experience a plus;
- Essentials of Supervision;
- Strong knowledge of financial reporting tools including Discoverer, TM1 and the chart of accounts/general ledger;
- Solving Business Problems;
- Bachelors degree required. CPA preferred;
- Must have the ability to manage multiple projects, delegate work, and prioritize work, to meet deadlines;
- Project Management;
- Excellent writing, verbal and interpersonal skills;
- 5+ years US GAAP and Statutory accounting experience within Insurance or financial services;
- The ability to cooperate in a team environment is critical.