Director of Financial Reporting and Consolidation
Job Opportunity at Joseph Michaels International

Posted on Aug 6

http://www.josephmichaels.com    800-786-1099

Location: Los Angeles, CA
Job Type: Full Time
Job ID: W4125802

Director of Financial Reporting and Consolidation I Excellent role for a new Director...

CPA certification required + 6-10 years of accounting & finance experiences (minimum 3 years in public accounting firm)

The Director of Financial Reporting and Consolidation performs consolidation and provides analysis on profitability of existing business segments and new opportunities as identified and or requested. Develop complex financial modeling and quantitative analysis to support strategic planning. Also provide analysis and financial insight regarding potential business development opportunities.

Works under the supervision of the Corporate Controller.

This position manages a Consolidation and Financial Reporting Manager and Senior Accountant.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Prepares monthly financial statements, including income statements, balance sheets, equity roll forward, cash flow and various management reports and other analyses
  • Prepares and drafts annual financial statements, footnotes and disclosure checklist in accordance with GAAP
  • Prepares and drafts bank compliance certificates
  • Coordinates, plans and executes financial reporting components of the external audit
  • Supervises and trains assigned personnel to ensure development of their full work potential
  • Performs technical accounting research, analysis and conclusion on various business transactions
  • Prepares memoranda of company’s positions for review
  • Reviews any new disclosure requirements or standards issued by FASB to determine relevancy to the company’s business
  • Performs elimination of intercompany investments cross multiple entities with multiple layers including JVs and VIEs
  • Ensure that all intercompany account differences are identified, eliminated and cleared in a timely and accurate manner
  • Performs non-controlling interests calculations
  • Reviews and provides summary memo on various JV/banking agreements
  • Leads efforts to automate and improve existing consolidation process and associated reports
  • Develops and documents internal controls over financial reporting
  • Responsible for creating and maintaining all financial reports and analysis
  • Owns chart of account structure, entity structure and associated set-up within ERP systems and all reporting system
  • Performs financial analysis on MoM, QoQ, YoY variances as well as budget over actual
  • Analyze trends in key performance indicators and performance vs peer/industry benchmarks, identifying and communicating key business risks and opportunities
MINIMUM QUALIFICATIONS:
  • Bachelor's degree in accounting; MBA preferred but not required
  • CPA certification required
  • 6-8 years of accounting & finance experiences (minimum 3 years in public accounting firm)
  • Managerial experience
 
NECESSARY KNOWLEDGE, SKILLS AND ABILITIES:
  • Strong GAAP knowledge
  • Advance Excel skill
  • System savvy
  • Strong analytical skill
  • Ability to perform multi-entity with multi-layer consolidations in a complex structure
  • Ability to research and interpret accounting guidance and draft accounting memos
  • Business Acumen
  • Excellent oral and written communication skills
  • Self-Starter with problem solver skills and a strong desire to learn and grow
  • Attention to detail, good organization skills and able to prioritize demand to meet deadlines
  • Ethical Conduct
  • Forward thinking
  • Proven team player who works well in a fast paced, changing environment
 
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