Accountant, Financial Reporting Job Description
Accountant, Financial Reporting Duties & Responsibilities
To write an effective accountant, financial reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included accountant, financial reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Accountant, Financial Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Accountant, Financial Reporting
List any licenses or certifications required by the position: CPA, CFA, SOX, F5
Education for Accountant, Financial Reporting
Typically a job would require a certain level of education.
Employers hiring for the accountant, financial reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Education, Business, MBA, Business/Administration, Management, Communication, Economics, Public Accounting
Skills for Accountant, Financial Reporting
Desired skills for accountant, financial reporting include:
Desired experience for accountant, financial reporting includes:
Accountant, Financial Reporting Examples
Accountant, Financial Reporting Job Description
- Ensure key risks and issues relating to expense reporting are identified, documented, and communicated to the senior management in a timely manner
- Liaise with various departments within the organization
- Assist with ad hoc requests from various teams including external and internal auditors, SOX, and corporate reporting
- Coordinate with funds external auditor to facilitate all interim and year end requests
- Report fund economics (AUM calculations, fund performance, incentive fees, management fees, capital) to Management Company for use in public filings (10Q, 10K)
- Supply reconciliations to fund administrator records
- Work with internal Technology group to enhance workflow efficiencies and automation for financial reporting
- Provide information requests to Investor Relations (fund performance, expense analysis, AUM)
- Preparation of funds' annual and semi-annual statutory financial statements in a timely, accurate and efficient fashion
- Income statements
- Making updates to statement of changes in members equity
- Demonstrated experience of developing good professional working relationships within Finance Services, the businesses and with key stakeholders, including senior management and executives
- Proven ability to problem solve and create efficiencies
- Bachelor's Degree (B.A.) in accounting and a minimum of five (5) years experience in preparing and analyzing financial information
- Prepares Company financial statements and ensures compliance with SEC and other government regulations
- Responsible for all values in the external reports, including related supplemental schedules to support the SEC filings
Accountant, Financial Reporting Job Description
- Review and analyze trends related to balance sheet accounts
- Reporting fund economics (AUM calculations, fund performance, incentive fees, management fees, capital) to Management Company for use in public filings (10Q, 10K)
- Reconciliations to fund administrator records
- Working with internal Technology group to enhance workflow efficiencies and automation for financial reporting
- Providing information requests to Investor Relations (fund performance, expense analysis, AUM)
- Support the development of budgets and long range plans for the business areas
- Perform the monthly close processes for the Acquired Theatrical Programming, Legal, Finance, Research and Business Affairs areas, including financial reporting and detailed analytical comparisons of current quarter and current year to prior forecast, budget and prior year
- Develop an in-depth understanding of the company’s studio and library deals and utilize that knowledge to ensure accurate and timely analysis and reporting of programming amortization
- Develop a comprehensive understanding of the ATP Hyperion system functionality and assist in the continued upgrade and testing of system
- Respond to all inquiries related to Sarbanes-Oxley and the internal/external auditors
- Familiarity with FASB regulations
- Liaise with auditors and clients as part of the financial reporting cycle
- Bachelor's degree in Accounting, Finance or Economics with a minimum of 9 accounting credits
- Collaborate extensively with finance and operating area
- Prepare payments for movie licensing rights, ensuring that payment terms specified in agreements are met and license fees have been properly allocated
- Demonstrated ability to research, interpret and apply Financial Accounting standards
Accountant, Financial Reporting Job Description
- Contribute to the team in the successful transition of activity from local entities into the Global Business Services Organisation aligning in some instances with the roll out of the ERP systems solution
- Preparation of financial statements and consolidations
- Support monthly and quarterly SEC filings and registration statements
- Report risk management issues
- Deliver high quality service to customers by ensuring accurate, timely completion of all assigned tasks and requests for information
- Preparation and review of Trust Distributions
- Preparation and review of Managed Investment Scheme’s Financial Statements
- Establish a high level of client knowledge ensuring all obligations can be met
- Direct liaison with clients
- Identify and improve current core processes and procedures, ensuring they are updated with changes in regulations and industry trends
- 2 to 5 years’ experience, preferably in a corporate environment
- Minimum 2 years of combined financial accounting experience within Big 4 accounting firm and mid-tier accounting firms and/or publicly-held company required
- Completion of required coursework to sit for the CPA exam required
- Requires intermediate experience in accounting and financial reporting
- Responsible for tasks in less complex areas
- Requires more guidance in decision making
Accountant, Financial Reporting Job Description
- Review and analyze monthly financial results to ensure accounting accuracy, investigate and explain identified variances, and monitor compliance with regulatory requirements
- Calculate and prepare monthly elimination entries
- Prepare legal entity financials when required
- Assist in preparing the quarterly and annual financial statements, other external financial reporting tasks
- Prepare and gather supporting documentation for the quarterly and annual financial statements
- Provide client assistance needed by auditors for the quarterly reviews and annual financial statement audits
- Review intercompany transactions and eliminations on a monthly basis
- Review cash flow activity on a monthly basis
- Preparation of interim and annual financial statements for the clients
- Deliver high quality service to clients through accurate, timely completion of all assigned tasks and requests for information
- Detail oriented and strong focus in quality
- Experience in the preparation of Financial Statements highly regarded
- CPA/CA qualification would be a plus
- Ability to identify and evaluate issues while quickly and independently recommending solutions to appropriate supervisors
- Significant experience in the fund’s industry with an in-depth understanding of the Fund Accounting rules and principles
- An accounting qualification is an advantage
Accountant, Financial Reporting Job Description
- Prepares reports that are filed with regulatory agencies by preparing and electronically file reports
- Journals posting
- Intercompany transaction and balances recording
- Reporting requirements to Central Bank, Ministry of Finance, and Taxation Authority
- All aspects of the general ledger process, including monthly closes, account reconciliations and analytics, in accordance with deadlines
- Processing all general, recurring and reclassification entries into the general ledger
- Reconciliation of cash accounts
- Accurate and timely delivery of monthly, quarterly and annual financial and regulatory and census reports for US and international entities (stand-alone and consolidated) in compliance with applicable standards, including – but not limited to reporting to – US Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA), Monetary Authority of Singapore (MAS), People’s Republic of China (PRC), US Census, Board of Directors, senior leadership, owners and banks
- Consolidation of financial results, including foreign subsidiaries with translation to US dollars, elimination of all intercompany activity, and timely preparation of intercompany invoices
- Assist Finance team with the preparation of the monthly Flash report, analysis of actuals to the annual budget, monthly projections and comparative prior actuals
- Minimum AAT qualified or equivalent
- The successful candidate will likely be a qualified accountant or part qualified accountant and interested in completing their qualification, however a good history of accounting experience will suffice in the absence of qualification
- Minimum 2 years of experience in Big 4/Public accounting
- CPA/on track
- 1 year experience, preferably in public accounting
- Flexible, ability to work independently or within a group, as needed