Director, Financial Reporting Job Description
Director, financial reporting
provides interpretation of new GAAP and SEC rules and regulations and their potential effect on the business.
Director, Financial Reporting Duties & Responsibilities
To write an effective director, financial reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included director, financial reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyze associated draft contracts to determine accounting consequences under US GAAP
Lead the development of standardized accounting policy and procedures in accordance with GAAP
Monthly Financial Reporting internally and to banks in line with US GAAP regular external bank reporting requirements
The position will research and provide consultation on all new accounting pronouncements and relevant GAAP implications and how they strategically impact the company
Ensures compliance with all SEC, Financial Accounting Standards Board (FASB), NASDAQ and eventual International Financial Reporting Standards (IFRS) rules and regulations
Keep current on new GAAP pronouncements and SEC regulations as they are proposed, released and continuously assess the impact to the company of changing accounting rules
Research, summarize and communicate new Accounting and SEC rules and regulations to Senior Management
Lead the project of converting the company to US GAAP financial reporting in all its entities and preparing reporting compliance
Direct the on-going review and documentation of Company's accounting policies for GAAP standards
Lead the Financial Consolidation & Reporting processes of the company according US GAAP
Director, Financial Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Director, Financial Reporting
List any licenses or certifications required by the position: CPA, SOX, ACAMS, CFE, CIA, MBA, PMP, CPR, CMA, SEC
Education for Director, Financial Reporting
Typically a job would require a certain level of education.
Employers hiring for the director, financial reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business/Administration, MBA, Business, Education, Supervision, Management, Public Accounting, Economics
Skills for Director, Financial Reporting
Desired skills for director, financial reporting include:
IFRS
US GAAP
GAAP and SEC rules and regulations
SEC Reporting and US GAAP
SEC rules and regulations
Excel and database management and experience with various accounting software packages
Both federal and state tax regulations
Federal
GAAP
Desired experience for director, financial reporting includes:
Lead the consolidation of Global Brand reporting packages, ensuring accuracy and completion
Oversight of global support (GSE) reporting
Oversee worldwide consolidation process, including production of standard closing reports and analytical documents
Production of monthly, quarterly and annual financial closing calendars
Oversee all Intercompany processes and reconciliations
Production of quarterly BOD report
Director, Financial Reporting Examples
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Director, Financial Reporting Job Description
Job Description Example
Our innovative and growing company is looking for a director, financial reporting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for director, financial reporting
- Review divisions quarterly management reports generated by division heads
- Provide guidance to divisions and affiliates on closing issues and specific transaction or contract accounting
- Production of shared services US quarterly management report
- Review consolidated cash flow statement
- Review monthly flash report and Quarterly Management Reports
- Provide PLRS training to staff as needed
- Supervise three Senior Financial Analysts, Consolidation and Management Reporting
- Oversee and Supervise Global SOX Compliance process
- Participate in quarterly and annual KPMG review and audit process
- Prepare the monthly Functional Currency Adjustment
Qualifications for director, financial reporting
- Oversee Canada Financial Reporting and Intercompany Accounting
- Review U.S. and Canadian Sales Return Reserve Calculations
- Oversee global preparation of BOD Dashboard Slides
- Testing of new product launches
- Integrate acquisitions into GL and Fulfilment systems
- Review President’s Report Quarterly
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Director, Financial Reporting Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of director, financial reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for director, financial reporting
- Perform research and analysis on new accounting and financial reporting issues, such as new businesses or new transactions that may arise, to ensure that our accounting is in accordance with GAAP
- Oversee the global financial forecasting process supporting the International Investments businesses
- Maintain appropriate controls
- Engage junior team members in a professional manner, providing clear direction and strong support
- Build reporting process to be public company ready to be able to produce accurate and timely financial statements for SEC level external filings
- Preparation and filing of SEC periodic reports such as Forms 8-K, 10-Q and our Annual Report on Form 10-K
- Leads all technical accounting research efforts
- Assists in recruiting, training and evaluating staff
- Prepares accurate reporting and filing of SEC periodic reports, such as Forms 8-K, 10-Q, 10-K and Annual Report
- Conducts, supports and assists with the internal audit function and the initial implementation and ongoing Sarbanes-Oxley (SOX) compliance requirements
Qualifications for director, financial reporting
- Knowledge of integrated financial system environment
- Strong computer skills and ability to learn and adapt to new analytical system tools
- Strong technical and analytical writing skills
- Able to lead projects work in a team as a subject matter expert
- Ability to question historical procedures and recommend strategic and efficient changes
- Well organized, self-starter, able to work independently and solve complex issues, has exhibited sound judgement and ability to make decisions
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Director, Financial Reporting Job Description
Job Description Example
Our growing company is looking for a director, financial reporting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for director, financial reporting
- Liaises with finance department, internal and external legal counsel and external independent auditors
- Form company accounting policies
- Direct and manage the preparation of monthly, quarterly and annual financial statements including income statement, balance sheet and cash flow and related footnote disclosures
- Prepare and file 8-K, 10-Q,10-K and Annual report with the SEC
- Coordinate preparation of quarterly and annual Management Discussion and Analysis (MD&A)
- Assist and review financial-related press releases
- Provide leadership, training and direction to Accounting staff in the preparation and review of all internal and external reporting requirements and accounting policies
- Review work product, evaluate compliance with disclosure requirements and conduct research as necessary
- Research new and proposed accounting pronouncements to determine how the rules should be implemented
- Supervise the annual evaluation of goodwill impairment test
Qualifications for director, financial reporting
- 6-12 years financial and accounting experience, specifically public accounting combined with industry experience
- Ability to motivate and teach others, recruit and develop colleagues
- Ability to manage multiple tasks (SEC reporting, M&A, diligence, ) effectively
- 6+ years of SEC experience
- Knowledge of consolidations
- Finance experience (capital markets, treasury, M&A, hedging, ) are a plus
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Director, Financial Reporting Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of director, financial reporting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for director, financial reporting
- Provide technical accounting support to the business units and corporate accounting groups
- Monitor financial reporting and accounting issues as released by the SEC, FASB and other technical authorities
- Specific areas of interest are revenue recognition, business combination, capital and operating leases, goodwill intangible assets, fair value measurements, joint ventures and strategic partnerships and restructuring / exit costs, REIT accounting
- Led 10-K’s, 10-Q’s, press release and other SEC documents
- Periodic internal financial reporting
- Review supporting documents and submissions for quarterly financial statements and manage accounting deadlines related to each
- Review closing documents, entries and allocations related to acquisitions and divestitures
- Coordinate necessary reviews with Audit committee
- Manage accounting team and ensure compliance with policies and procedures while developing accounting skills through training and leadership
- Establish company policies and procedures and ensure that all said policies and procedures are being followed with regards to accounting, accruals, budgeting, forecasting, Work with both Vice and AETN support personnel to ensure that all financial transactions are properly reported
Qualifications for director, financial reporting
- Excellent analytical and communication skills with all levels of personnel, organizational and administrative skills
- Master's in Accounting is a major plus!
- Additional 3-5 years of SEC financial reporting management experience in a public company
- Excellent project managerial and interpersonal skills
- 7-10 years of SEC Reporting experience out of public or combined accounting firms
- Solid Consolidations background
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Director, Financial Reporting Job Description
Job Description Example
Our company is growing rapidly and is hiring for a director, financial reporting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for director, financial reporting
- Ensure that all balance sheet account analysis and reconciliations are performed on a regular basis
- Coordinate all financial audits required by the venture
- Manage preparation of periodic SEC filings (Form 10-K, 10-Q, 8-K, proxy, registration statements) including XBRL tagging
- Manage review and approval of SEC filings with external auditors, senior management, legal counsel and disclosure and audit committees
- Oversee the reporting and issuance of the company’s stock including stock compensation plans and equity raises
- Assess, communicate and monitor the effects of proposed accounting pronouncements and SEC regulations
- Proactively identify, research, and draft technical memorandums on significant accounting pronouncements, company transactions and initiatives
- Oversee reporting package to the Board of Directors
- Prepare and assist with other entity financial reporting and ad-hoc requests
- Overall responsibility for the Decision Support and analysis functions including budgetary responsibilities
Qualifications for director, financial reporting
- 9+ years of public accounting experience from a Big Four practice or a combination of public/private with relevant experience
- 10+ years of industry experience (public/private), including accounting and financial reporting
- Strong leadership, team building and staff development skills
- Industry experience or knowledge of areas other than accounting and reporting (for example, valuation, tax, performance, treasury)
- Experience providing training and presenting in front of large groups
- Experience with unique or complex products and accounting/disclosure matters (for example, master-feeder funds, closed-end funds, ETFs, consolidation, derivatives)