Senior Financial Reporting Job Description
Senior financial reporting
provides assistance in researching accounting guidelines in regards to specific transactions to determine GAAP treatment and draft memos summarizing accounting conclusions.
Senior Financial Reporting Duties & Responsibilities
To write an effective senior financial reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included senior financial reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist and review financial-related press releases, including GAAP and Non-GAAP EPS considerations
OKeep abreast of all new accounting and reporting regulations and participate in various industry working groups to ensure compliance with statutory accounting principles
Support the month-end closing process through preparation of journal entries and technically challenging accounting transactions
Keep current on new GAAP pronouncements and SEC regulations, understanding how the new rules can impact the Company
Proactively researching technical accounting guidance and communicating any changes as required
The Senior Financial Accountant will be responsible for working with clients to prepare and review financial statements under IFRS and US GAAP
Identifying fair-value adjustments and contingencies, and assessing intangible-assets
Earn-Out accruals and Put options– recording, calculating and tracking
Media credits income – calculating and recording
Reporting to government authorities
Senior Financial Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Financial Reporting
List any licenses or certifications required by the position: CPA, MBA, CFA, ACCA, SOX, CGFM, CA, TDS, CDFM, CMA
Education for Senior Financial Reporting
Typically a job would require a certain level of education.
Employers hiring for the senior financial reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Economics, MBA, Education, Business/Administration, Graduate, Finance/Accounting, Public Accounting
Skills for Senior Financial Reporting
Desired skills for senior financial reporting include:
US GAAP
GAAP
SAP
MS Excel
Microsoft Excel
GAAP and STAT accounting principles
Accounting
Excel
FRS101 and IFRS
Reporting and general ledger systems
Desired experience for senior financial reporting includes:
Providing technical guidance to the operating companies in relation to complex issues and transactions
SEC reporting for the company - including the company’s 20F (equivalent to the 10K) and other SEC filings as needed
Complete ad hoc special projects as needed
Assist in the preparation of monthly, quarterly and annual management financial statements including income statement, balance sheet and cash flow and related fluctuation analysis from actuals to budget
Assist in the preparation of FORM 10-Q/K and Annual report with the SEC, including the preparation of related footnote disclosures
Maintain a binder of supporting documents for the externally reported financial information such as referencing the FORM 10Q/K, Press Releases, Proxy and Investor Relations materials
Senior Financial Reporting Examples
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Senior Financial Reporting Job Description
Job Description Example
Our growing company is looking for a senior 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 senior financial reporting
- Assist with accounting for share-based payment expense
- Assist with technical accounting research and documentation
- Ensure accuracy and completeness of revenue recognition accounting
- Prepare and review Investment Company accounting for certain consolidated entities
- Assist in technical accounting research on various topics such as stock-based compensation, EPS and consolidation
- Assist divisions with accounting inquiries
- Preparing and reviewing work papers in a clear and concise manner to support SEC filings
- Supporting role in detailed analysis of income statement and balance accounts utilizing HFM
- Supporting role in completing quarterly sales and margin variance analyses used to support the earnings press release and Management Discussion & Analysis in SEC filings
- Compilation and review of significant manual journal entries
Qualifications for senior financial reporting
- 2+ years of SEC financial reporting experience
- Preparing benefit plan financial statements filed with the SEC and DOL and review of related form 5500 on an as needed basis
- Preparation of proxy statement schedules and supporting work papers
- Experience with Long-Term Contract or Government Contract Accounting
- Strong knowledge of US GAAP experience with technical research
- Develop, implement and maintain procedures, metrics, and instructions for completion of financial statements for external use reports submitted to corporate
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Senior Financial Reporting Job Description
Job Description Example
Our company is looking for a senior financial reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior financial reporting
- Conduct technical accounting research for non-standard transactions
- Provide support with the accounting processes, documentation, and work flows to implement improvements and automation as needed
- Complete U.S. GAAP disclosure checklists
- Coordinating with various internal groups (such as taxation, legal, investor relations, corporate and public affairs, internal auditors, etc) and external groups (such as auditors, French translators, ) with regard to the Annual and Quarterly Reports, including resolution of technical accounting and regulatory reporting issues
- Analyzes general ledger accounts to identify unusual or irregular transactions and makes recommendations to resolve
- Prepares/ reviews reports of financial information for management
- Prepares reports of financial information for management
- Identifies and recommends process improvements to increase efficiency in processing or analyzing financial information
- Assist in the preparation of 10-Q, 10-K, Proxy and other SEC filings, including financial statements, footnote disclosures and MD&A to ensure timely and accurate filings in accordance with SEC deadlines
- Communicate with divisional representatives for further explanations
Qualifications for senior financial reporting
- Bachelor's Degree n Accounting and/or Finance
- Knowledge of GAAP and internal controls/SOX requirements
- 7+ years of previous Financial Reporting experience
- Strong exposure to standards such as IFRS / Irish GAAP and USGAAP
- A professional qualification in finance or accounting
- OBachelor’s Degree in accounting/finance
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Senior Financial Reporting Job Description
Job Description Example
Our company is growing rapidly and is hiring for a senior 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 senior financial reporting
- Prepare work papers to support the general ledger functions for specific area of corporate reporting
- Assist with the completion of the financial statement closing process to ensure transactions are recorded and completed accurately and efficiently to meet all required deadlines
- Actively participate in the preparation and completion of audit requirements
- Assist senior management in Lummus Technology with financial analysis as required
- Preparation of the quarterly and annual SEC financial statements reports, including XBRL preparation
- Maintenance of stock-based compensation records and preparation of related journal entries
- Compile comprehensive audit packages containing the external auditor's requests for quarters, interim and year-end, for several subsidiaries and the Company’s registered variable product
- Coordinate and lead regular status meetings with relevant individuals from each business unit and the external auditors
- Design, execute and perform detailed testing of internal controls in accordance with professional audit standards
- Evaluate internal controls, propose enhancements to controls and investigate the cause of internal control weaknesses
Qualifications for senior financial reporting
- OWorking knowledge of OBIEE
- May require extended hours during peak accounting cycles
- BS in Accounting, Finance and or other business related degree
- 4+ years of progressive Financial Analyst experience in a high volume and fast paced environment
- A high degree of diligence and fastidious attention to detail
- Excellent organization skills, reliable and a self-starter coupled with the ability to work well as part of a team or independently
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Senior Financial Reporting Job Description
Job Description Example
Our innovative and growing company is looking for a senior 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 senior financial reporting
- Manage other responsibilities as needed under the purview of the Corporate Controller and/or the Accounting Manager
- Preparation of annual tax workpapers related to assigned accounts
- Various ad-hoc analysis and reporting as required
- Assist in quarterly, annual and other regulatory filings as required by the SEC or any other regulatory agency
- Maintain and monitor department compliance with internal controls, policies and procedures
- Ensure timely completion of internal control processes, including documentation of process controls
- Assist with the preparation of the Quarterly Earnings release and quarterly/annual SEC filings
- Manage the preparation of materials for the annual audit and quarterly reviews with external and internal auditors
- Perform expense analysis and meet with department managers to review and discuss historic and future spending
- Support the annual budget and quarterly forecast processes
Qualifications for senior financial reporting
- BA/BS in Accounting from an accredited institution
- 5+ years of experience with accounting
- Experience in public accounting and/or publicly traded companies preferred
- Exceptional analytical, problem-solving, and written communication skills, organizational savvy, strong initiative and the ability to manage multiple tasks and meet deadlines
- Two (2) to three (4) years of professional accounting experience preferably in a health care environment
- Healthcare or Corporate Reporting experience preferred
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Senior Financial Reporting Job Description
Job Description Example
Our company is growing rapidly and is hiring for a senior 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 senior financial reporting
- May participate in complex accounting projects
- Assist in coordination of accounting policies & processes (related to external financial statements
- Monitor changes in accounting standards and regulations
- Enforce all internal controls related to financial reporting
- Develop and monitor monthly close schedule for each entity and on a consolidated basis, including distribution of reports and management reviews
- Support for implementation of new financial reporting tools
- Process various commission and incentive payments to captive and external agents
- Prepare consolidated balance sheets, income statements, and statements of cash flows equity statements and statements of comprehensive income
- Assure compliance with SEC requirements for a subsidiary of a public company, FASB, Sarbanes-Oxley Act, financial reporting requirements and direct the preparation of the subsidiary’s input to SEC Forms 10-Q and 10-K
- Assists in the preparation of the monthly management financial reporting package
Qualifications for senior financial reporting
- Solid understanding of SEC reporting and U.S. GAAP
- Microsoft Office – Intermediate use of Microsoft products
- Communication skill – ability to obtain information from others
- List each job requirement in a separate bullet
- CPA or CPA candidate with sections passed
- Working knowledge of U.S. GAAP and SEC regulations