Director of Financial Reporting Job Description

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.

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Director of Financial Reporting Job Description Template

Our company is looking for a Director of Financial Reporting to join our team.

Responsibilities:

  • Assists in the annual budgeting process;
  • Lead the filing of all SEC forms (10K and 10Q);
  • Assists in the preparation and review of internal and external financial statements;
  • Assists in the preparation of various internal reporting packages, which are distributed across all levels of the organization;
  • Manage a team of 2 to 3 direct reports;
  • Support the forecasting and modeling around equity-based compensation;
  • Responsible for future benefit plan and statutory reporting;
  • Lead the Disclosure Committee and provide quarterly materials for the Audit Committee;
  • Provide support to FP&A throughout the quarterly earnings process and assist with the review of the earnings script and supplemental materials;
  • Responsible for preparation of quarterly earnings press release, including the narrative and financial tables;
  • Responsible for all consolidation related accounting activity, including foreign entity consolidation;
  • Remain current on new and upcoming accounting guidance issued by the FASB and SEC;
  • Provide support for the filing of the proxy statement;
  • Oversee preparation of quarterly debt covenant compliance package for both consolidated and standalone entities;
  • Act as the primary liaison with external auditors in conjunction with annual year-end audit and interim reviews, as well as SOX compliance.

Requirements:

  • Public accounting experience preferred;
  • Bachelor’s degree in Accounting;
  • Bachelor’s degree or higher in Accounting;
  • Proficiency with Microsoft Office Suite;
  • CPA required;
  • CPA strongly preferred;
  • 4+ years of progressive accounting experience.