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Financial Reporting Consolidation Manager Jobs in Rochester, MN

Senior Accountant

Rochester, MN · Remote

$72K - $90K/yr

Manage financial tracking and reporting for federal, state, and foundation grants including HRSA, state Medicaid, behavioral health, public health, and other restricted funding sources. * Monitor ...

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Financial Reporting Consolidation Manager information

See Rochester, MN salary details

$57.9K

$122.9K

$177.4K

How much do financial reporting consolidation manager jobs pay per year?

As of Aug 26, 2026, the average yearly pay for financial reporting consolidation manager in Rochester, MN is $122,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,700.00 and $140,800.00 per year, depending on experience, location, and employer.

What does a financial reporting consolidation manager do?

A Financial Reporting Consolidation Manager oversees the process of combining financial data from multiple subsidiaries or business units into consolidated financial statements for an entire organization. This role ensures that all financial reports comply with accounting standards such as GAAP or IFRS and are accurate, timely, and complete. They coordinate with different departments, manage reporting deadlines, and often work closely with auditors during financial reviews. Additionally, they may implement process improvements and support financial planning and analysis activities.

What are the main challenges a financial reporting consolidation manager faces during the month-end close process?

As a Financial Reporting Consolidation Manager, one of the main challenges during the month-end close is ensuring the accuracy and timeliness of consolidated financial statements across multiple entities. This often involves coordinating with various regional finance teams, managing differences in accounting standards, and resolving data discrepancies quickly. Additionally, handling tight deadlines and complex intercompany eliminations can require strong attention to detail and effective communication skills. Proactively addressing these challenges is key to maintaining compliance and supporting executive decision-making.

What are the key skills and qualifications needed to thrive as a financial reporting consolidation manager, and why are they important?

To thrive as a Financial Reporting Consolidation Manager, you need strong expertise in accounting principles, financial statement preparation, and consolidation processes, typically backed by a CPA or equivalent accounting qualification. Familiarity with ERP systems such as SAP, Oracle, or Hyperion Financial Management, as well as advanced Excel skills, is usually required. Attention to detail, analytical thinking, and effective communication are crucial soft skills for managing complex data and collaborating across departments. These skills ensure accurate consolidated financial reporting, regulatory compliance, and effective leadership within multinational organizations.

What is the difference between Financial Reporting Consolidation Manager vs Financial Analyst?

AspectFinancial Reporting Consolidation ManagerFinancial Analyst
Primary FocusConsolidating financial statements, ensuring compliance, managing reporting processesAnalyzing financial data, preparing reports, supporting decision-making
Required CredentialsCPA or equivalent, accounting degreeFinance or accounting degree, relevant certifications optional
Work EnvironmentFinance or accounting departments, corporate officesFinance teams, investment firms, corporate offices
Industry UsageCommon in large corporations, multinational companiesWidely used across industries for financial analysis roles

The Financial Reporting Consolidation Manager primarily oversees the consolidation of financial statements and ensures compliance, requiring accounting credentials like a CPA. In contrast, a Financial Analyst focuses on analyzing financial data to support business decisions. While both roles work within finance departments, their responsibilities and skill sets differ significantly.

What are popular job titles related to Financial Reporting Consolidation Manager jobs in Rochester, MN?

For Financial Reporting Consolidation Manager jobs in Rochester, MN, the most frequently searched job titles are:

What job categories do people searching Financial Reporting Consolidation Manager jobs in Rochester, MN look for?

The top searched job categories for Financial Reporting Consolidation Manager jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Financial Reporting Consolidation Manager jobs?

Cities near Rochester, MN with the most Financial Reporting Consolidation Manager job openings:

Infographic showing various Financial Reporting Consolidation Manager job openings in Rochester, MN as of August 2026, with employment types broken down into 82% Full Time, 17% Part Time, and 1% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $122,919 per year, or $59.1 per hour.

Financial Reporting Specialist

Rochester, MN • On-site


Ashley Furniture Industries, LLC.
Furniture Manufacturing • 10K+ employees

6.1

Company rating: 6.1 out of 10

Based on 293 frontline employees who took The Breakroom Quiz

39th of 52 rated furniture manufacturers

People enjoy working here

Respectful managers


Full-time

Posted 6 days ago


Job description

Financial Reporting Specialist 

Position Overview

We are seeking a detail-oriented Financial Reporting Specialist to join our finance team. This role is responsible for creating comprehensive financial reports, supporting external audit processes, ensuring compliance with banking covenant requirements, and managing consolidated financial reporting across multiple entities.

Key Responsibilities

Financial Reporting

  • Build and maintain financial reports using various accounting software platforms
  • Develop automated reporting processes to improve efficiency and accuracy
  • Create, maintain, and support various business units with budget preparation and forecasting processes

Consolidated Financial Reporting

  • Prepare consolidated financial statements for multiple legal entities and subsidiaries
  • Perform consolidation adjustments including intercompany eliminations
  • Ensure proper application of consolidation accounting principles and standards

External Audit Support

  • Support external audit activities throughout the audit cycle
  • Assist with audit report preparation
  • Respond to auditor requests for reporting and variance analysis

Bank Covenant Reporting

  • Monitor and report on bank covenant compliance on a regular basis
  • Calculate and track key financial ratios and metrics required by lending agreements
  • Prepare detailed covenant compliance reports for banking partners
  • Identify potential covenant violations early and recommend corrective actions
  • Maintain documentation supporting covenant calculations and assumptions

General Duties

  • Support budget preparation and variance analysis
  • Maintain accurate and organized financial records
  • Participate in process improvement initiatives
  • Collaborate with cross-functional teams to ensure data accuracy
  • Ability to collaborate effectively with business unit leaders on financial planning

 

Required Qualifications

Education & Experience

  • Bachelor's degree in Accounting, Finance, or related field
  • 5+ years of experience in financial reporting or public accounting
  • Experience with consolidated financial reporting and multi-entity accounting required

Technical Skills

  • Advanced Microsoft Excel skills (pivot tables, VLOOKUP, financial modeling)
  • Experience with financial reporting tools and databases
  • Budgeting and forecasting software experience
  • Knowledge of GAAP and financial statement preparation

Core Competencies

  • Strong analytical and problem-solving abilities
  • Excellent attention to detail and accuracy
  • Effective written and verbal communication skills
  • Ability to work under tight deadlines and manage multiple priorities


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