What Is a Financial Reporting Manager and How to Become One
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What Does a Financial Reporting Manager Do?
Financial reporting managers prepare and update financial records and reports to determine how much their company has earned quarterly and annually. As a financial reporting manager, your job duties involve preparing documents, verifying their accuracy, and collaborating with the accounting department and legal team to ensure compliance with all financial regulations. This career requires experience in finance and a bachelor’s degree in a finance related field. Additional qualifications include strong analytical, communication, and organizational skills. The majority of these positions are available with financial institutions, insurance companies, and government agencies.
How to Become a Financial Reporting Manager
The qualifications that you need to become a financial reporting manager include a degree and organizational skills. For most positions, you need at least a bachelor's degree in accounting or finance. Since this is a senior position, some employers seek applicants with a master's degree or equivalent experience. Most companies prefer applicants with several years of previous experience and demonstrable knowledge of financial reporting regulations. Your duties include communicating with other accountants to obtain the necessary information for your reports. You play a leadership role in most companies, so you need the ability to handle management responsibilities and direct other staff members.
Financial Reporting Manager Job Description Sample
With this Financial Reporting Manager job description sample, you can get a good idea of what employers are looking for when hiring for this position. Remember, every employer is different and each will have unique qualifications when they hire for a Financial Reporting Manager role.
Job Summary
We are looking for an experienced Financial Reporting Manager to lead our documentation department. You will be responsible for SEC reporting and ensuring that our company follows the Generally Accepted Accounting Principles (US GAAP) set forth by the SEC. In addition to preparing and filing reports that include our financial statements and disclosures, you will coordinate with external auditors as necessary. Our ideal candidate is a certified public accountant (CPA) who has experience working for a large accounting firm or in finance management.
Duties and Responsibilities
- Prepare financial reports and file them with the SEC
- Review and post journal entries
- Audit or review financial statements, coordinating with external auditors as necessary
- Ensure regulatory compliance
- Maintain confidentiality of our financial data
Requirements and Qualifications
- Bachelor's degree in accounting or finance required
- Certified public accountant (CPA) license strongly preferred
- Professional accounting or financial management experience required
- Familiarity with the US GAAP and reporting standards
- Excellent analytical and communication skills
- Proficiency with Microsoft Office, QuickBooks, and other industry software
