Financial Accounting Manager Job Description
Financial accounting manager
provides specialized knowledge of generally accepted accounting principles (GAAP) and financial analysis methodologies and practices, knowledge of the business and the industry having an impact upon business functions.
Financial Accounting Manager Duties & Responsibilities
To write an effective financial accounting manager job description, begin by listing detailed duties, responsibilities and expectations. We have included financial accounting manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Manage and coordinate the drafting and maintenance of Accounting Policy and Procedures
Liaison with the Tax Department for all tax accounting
Develop appropriate policies and procedures for assigned processes
Be responsible for addressing in a timely manner assigned financial accounting and reporting control findings
Demonstrate and embed the behaviors and competencies that create a risk management mindset
Prepare quarterly and annual financial statements, including compilation of related footnote support materials
Oversee Maintenance and update of corporate accounting policies and procedures library located on company intranet
Complete Technical review of draft financial statements prepared for subsidiaries (US and overseas) consolidated US
Reviewing journal entries, reconciliations, and billings performed by finance operations team
Taking ownership of and participating in month-end close processes such as preparation of journal entries and reconciliations across various accounting functions
Financial Accounting Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Accounting Manager
List any licenses or certifications required by the position: CPA, ACCA, MBA, CA, AICPA, CIA, CTP, FRM
Education for Financial Accounting Manager
Typically a job would require a certain level of education.
Employers hiring for the financial accounting manager 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, Education, Business, Business/Administration, Public Accounting, MBA, Economics, Management, Graduate
Skills for Financial Accounting Manager
Desired skills for financial accounting manager include:
Excel
US GAAP
Generally Accepted Accounting Principles
Microsoft Office
SAP
Accounting and finance principles and practices with ability to apply them in a business analysis situation
Accounting concepts
Another consolidation tool would be an advantage
Construction sector and 'project' accounting would be an advantage
English
Desired experience for financial accounting manager includes:
Strong knowledge of corporate accounting and reporting, including GAAP, SEC and RAP Company businesses, products, affiliates, accounting policies and procedures
Consolidating and delivering internal US management reporting to Business partnering team, including close liaison with finance colleagues from across the Group
Performing or reviewing work required in more complex areas of accounting, proactively identifying issues, and taking the lead in their resolution to ensure full follow-through, to identify related impacts, and to coordinate with additional parties as necessary to mitigate risks
Owning and delivering US statutory accounts and other regulatory or statutory reporting
Supporting forecasting, budgeting and various ad hoc analysis
Performing the US Group consolidation including acquisition, intercompany and capital project accounting
Financial Accounting Manager Examples
1
Financial Accounting Manager Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of financial accounting manager. 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 financial accounting manager
- Take a leadership role in executing projects driving continuous improvement on efficiency on account payable and non-trade purchase handling, implement new account payable and non-trade procurement workflow
- Be the champion of expense management system and coordinate with group on any updates and new requirements
- Lead team throughout month-end processes to ensure reporting deadlines are met
- Review all month-end journals posted by the Financial Accounting team (Opex/Capex, Brands/Creative and Gross Margin)
- Preparation of monthly management accounts for the INTL region
- Preparation of month-end file for review by UK and Head of Financial Control
- Providing and reviewing monthly P&L and Balance Sheet commentary for all INTL brands
- Prepare month-end cost centre packs and summaries for use in the wider business, commenting on key in-month performance
- Responsible for the upkeep of monthly spend trackers within the wider business to ensure completeness and consistency in month-end reporting
- Interface with Directors within finance to maintain a structured month-end close and translation to IFRS
Qualifications for financial accounting manager
- Identifies and communicates risk areas and emerging trends with business unit and department management
- Completed degree in Economics, Finance or Business related discipline and availability to work full time (8 hours a day)
- Strong overall technical accounting knowledge of GAAP, including experience researching and addressing complex accounting issues with respect to revenue recognition, purchase accounting, variable interest entities, hedge accounting
- Excellent interpersonal skills and the ability to work with a culturally and ethnically diverse workforce
- Bachelors of Accounting degree or captive experience required
- Demonstrated responsiveness to internal and external clients
2
Financial Accounting Manager Job Description
Job Description Example
Our company is growing rapidly and is looking for a financial accounting manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial accounting manager
- Lead the preparation of financial statements including footnote disclosures and tie-out of schedules
- Prepare monthly consolidated cash flow statements and internal management reports
- Prepare data and other supporting information requests as needed for audits and reviews conducted by external auditing firm
- Act as the key liaison with external auditing firm
- Collaborate with other departments to gather information for accurate and timely financial reporting
- Assist with the internal accounting close process to support acceleration of close schedule and reporting timelines
- Assist with implementation and maintenance of SOX and other required accounting documentation
- Supervises the month end closing activities for three markets and actively supports the team and the business to resolve issues encountered to comply with established due dates
- Reviews assigned accounts reconciliations and establishes processes to ensure accounts reconciliations are maintained in good standing following internal controls requirements
- Monitors all reconciling items for all accounts reconciliations under FSSC responsibility to ensure that they are timely resolved
Qualifications for financial accounting manager
- Degree in Accounting/Finance and CPA required
- Must be detail-oriented, self-motivated, flexible and have excellent communication skills
- Experience in general Finance and Accounting fields, with film/entertainment industry a plus
- Minimum 8 years of working experience in manufacturing and accounting or audit related environment
- Team player with ability to direct and supervise
- CA / CPA Qualified from a Big 4 Accountancy practice
3
Financial Accounting Manager Job Description
Job Description Example
Our growing company is hiring for a financial accounting manager. 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 financial accounting manager
- Exercise good judgment to escalate issues to higher level management or Project Lead, along with recommended solution to resolve
- Part of Controllership team that reviews and/or processes general ledger accounting records supporting annual revenue/expenditure base of US$1B covering the Asia Pacific
- Compliance to statutory and accounting regulations of cluster of countries in Asia Pacific
- Interface and communicate with management
- Manage the financial integration process of newly acquired or incorporated subsidiaries
- Provide support for the company’s annual audit and quarterly reviews
- Contribute to the preparation of quarterly and annual reports, including the financial statements, footnotes and MD&A sections
- Draft new disclosures as needed
- Maintain ongoing collaboration with various corporate, regional and market finance functions to ensure that transactions are disclosed appropriately
- Coordinate the timely retrieval of accounting reports and schedules, and perform evaluation of same
Qualifications for financial accounting manager
- Strong knowledge of GAAP and technical issues impacting asset management industry
- Demonstrated ability to design, document and implement processes that improve daily functions
- Comfortable working independently and as part of a group
- Minimum of 3 years of experience, Big 4 public accounting experience is preferred
- CPA with SEC reporting experience
- Experience in performing complex technical research and analysis
4
Financial Accounting Manager Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial accounting manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial accounting manager
- Meet with department heads to review budget vs
- Work directly with advisor teams to discuss P&L results and provide support and details as necessary
- Developing client relationships while managing client engagements and staff for Financial Accounting Outsourcing (FAO) engagements
- Identify opportunities and recommend solutions to improve clients’ accounting related processes and operations
- Work collaboratively to execute team marketing plan to build the practice and client base in targeted business verticals
- Attend trainings, conferences, association meetings and other professional events to grow the practice
- Ensure distribution of projects to facilitate staff development while achieving project objectives and economic goals
- Effective review of client deliverables prepared by staff while providing developmental feedback and identifying staff developmental needs
- Interfacing with both firm and client management personnel including executive management, CFO, controller and client accounting personnel
- Accounting and financial projects
Qualifications for financial accounting manager
- Strong interpersonal communication skills, people management and conflict resolution skills
- Ability to run the day to day operations of the Portfolio Administration team
- Passion for producing quality work in a collaborative, fast-paced environment
- Bachelor’s Degree (or its global equivalent) from an accredited university in Business or related field
- Minimum Three Years’ Experience Leading People
- Ability to lead, plan and provide direction for a team
5
Financial Accounting Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial accounting manager. 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 financial accounting manager
- Perform accounting research and prepare technical accounting memos
- Participate in the monthly close process, such as preparing journal entries and account reconciliations (e.g., accruals, hedges, and stock based compensation)
- Perform monthly consolidation in Oracle Financials
- Manage the annual audit and quarterly review of our external auditors by working closely with various functional teams and providing the requirements of our external auditors timely
- Maintain compliance with SOX internal controls
- Perform other activities, such as preparation of periodic census reports and other special projects, as needed
- Oversees finance activities for the Annuity, Life, & Run-off segments
- Manages activities to prepare financial reports to comply with outside regulatory and rating agencies and to provide management with timely information
- Ensures established close deadlines are met while maintaining a controlled environment
- Consult with business partners as new products are developed by working with the Administrative System, Actuarial and Technical Accounting teams to develop accounting rules and system requirements
Qualifications for financial accounting manager
- 6-8 years experience with a minimum of 4 years of public accounting experience with emphasis on large SEC registrants preferred (Big 4 a plus)
- Team player that has the ability to communicate clearly and concisely to all levels of management in a non-technical manner
- Must have good project management and organization skills
- Must have experience in managing accounting staff
- Knowledge of PeopleSoft general ledger system and Hyperion Financial Management consolidation tool preferred but not required
- 4-6 years of relevant experience, including at least 3 years of public accounting experience