Overview
The Financial Reporting Manager is responsible for overseeing the preparation, accuracy, and timely delivery of internal and external financial reporting for a financial services organization. This role ensures compliance with U.S. GAAP, regulatory requirements, and company policies while supporting executive management, auditors, regulators, and other stakeholders with high-quality financial information.
Key Responsibilities
Financial Reporting & Compliance
- Lead the preparation and review of monthly, quarterly, and annual financial statements and supporting disclosures.
- Ensure compliance with U.S. GAAP, SEC reporting requirements (if applicable), and relevant financial services regulations.
- Coordinate the financial close process and ensure timely reporting of financial results.
- Maintain and enhance reporting controls, policies, and procedures.
- Monitor changes in accounting standards and regulatory requirements and assess their impact on the organization.
Regulatory & Management Reporting
- Prepare and review regulatory reports required by banking, investment management, broker-dealer, insurance, or other financial services regulators.
- Develop and deliver management reporting packages, dashboards, and performance analyses for senior leadership.
- Support Board of Directors and Audit Committee reporting requirements.
- Ensure consistency and accuracy across internal and external reporting deliverables.
Audit & Internal Controls
- Serve as the primary liaison with external auditors during quarterly reviews and annual audits.
- Partner with Internal Audit, Compliance, Risk Management, and Operations teams to strengthen internal controls.
- Support SOX compliance activities and control testing, where applicable.
- Coordinate responses to audit findings and implement corrective action plans.
Accounting & Technical Expertise
- Research and document technical accounting issues, including complex transactions and new accounting pronouncements.
- Review account reconciliations, journal entries, and supporting schedules related to financial reporting.
- Provide guidance to accounting staff on reporting requirements and accounting treatments.
- Ensure data integrity across financial systems and reporting platforms.
Leadership & Process Improvement
- Manage, mentor, and develop financial reporting staff.
- Drive process improvements, automation initiatives, and reporting efficiencies.
- Collaborate cross-functionally with Treasury, FP&A, Risk, Compliance, Operations, and Technology teams.
- Participate in finance transformation and system implementation projects.
Qualifications
Education
- Bachelor's degree in Accounting, Finance, or a related field required.
- CPA designation strongly preferred.
- Master's degree in Accounting, Finance, or Business Administration is a plus.
Experience
- 7–10+ years of progressive accounting and financial reporting experience.
- Experience within financial services, banking, asset management, insurance, fintech, or broker-dealer environments preferred.
- Prior experience managing staff and leading reporting processes.
- Public accounting experience (Big Four or national firm) is highly desirable.
Technical Skills
- Strong knowledge of U.S. GAAP and financial statement preparation.
- Experience with regulatory reporting requirements relevant to the financial services industry.
- Proficiency with ERP systems and financial reporting tools.
- Advanced Microsoft Excel skills.
- Familiarity with SOX compliance and internal control frameworks.
Additional Information
- Seniority Level: Director
- Industry: Financial Services
- Employment Type: Full-time
- Job Functions: Accounting/Auditing
- Skills: Data Integrity, Big Four Accounting Firms, Accounting Standards, Complex Transactions, Regulatory Requirements, U.S. Securities and Exchange Commission (SEC), Financial Systems, Risk Management, Investment Management, Board of Directors