Senior Financial Reporting Manager

4 weeks ago


East Hanover, United States Hire Point Recruiting Full time
Job DescriptionJob Description

Job Overview:

The role involves independently managing various accounting processes to ensure the companys financial reporting and records comply with Generally Accepted Accounting Principles (GAAP) and CAS/FAR regulations. The position requires strong analytical skills, attention to detail, and the ability to work collaboratively across departments to maintain the integrity of financial data and reporting.

Key Responsibilities:

  • Perform monthly financial consolidation for the parent company and its subsidiaries, including foreign currency translation, intercompany profit analysis, and elimination entries.
  • Prepare consolidated financial statements on a monthly, quarterly, and annual basis, adhering to U.S. GAAP.
  • Compile and prepare cash flow statements for all entities, including international subsidiaries, in accordance with U.S. GAAP.
  • Execute monthly closing activities, including preparing journal entries, reconciling accounts, and conducting variance analyses for multiple subsidiaries.
  • Ensure the integrity of the financial reporting process and maintain robust financial controls.
  • Conduct cost accounting for manufacturing operations, including variance analysis and cost absorption evaluations for income statements and balance sheets.
  • Develop and maintain key performance metrics related to manufacturing efficiency and performance.
  • Collaborate with internal departments to gather data necessary for monthly closing and variance analysis.
  • Participate in the annual budget preparation and quarterly forecasting processes.
  • Work closely with external auditors to facilitate the annual audit process.
  • Participate in physical inventory counts, identifying and reconciling discrepancies.
  • Prepare schedules for quarterly income tax estimates.
  • Maintain the Fixed Assets register and calculate monthly depreciation.
  • Perform Foreign Exchange Gain/Loss calculations.
  • Support special projects and initiatives as needed.
  • Ensure compliance with company policies and applicable laws.
  • Travel domestically and internationally to other company locations or customer sites as required.
  • Perform additional duties as needed.

Qualifications:

  • Bachelors Degree in Accounting, Finance, Business, or a related field, with 8-10 years of relevant experience, or an equivalent combination of education, skills, and experience.
  • CPA certification or a Masters degree is preferred.
  • Strong understanding of generally accepted accounting principles (GAAP) and experience in financial statement preparation and consolidation, including income statements, balance sheets, and cash flow statements.
  • Cost accounting experience in a manufacturing environment.
  • Proficiency in Microsoft Excel, Word, and Access, with the ability to quickly learn and navigate software systems.
  • Hands-on approach with a strong ability to meet deadlines, manage multiple tasks, and work independently.
  • Strong problem-solving skills, with the ability to analyze information, identify root causes, and present clear analysis and solutions to senior management.
  • Exceptional written and verbal communication skills, with a high level of attention to detail and organization.
  • Experience with Infor Visual or similar ERP systems is preferred.
  • Background in an industrial products or manufacturing business, with auditing experience in similar industries, is a plus.

Salary Range: $120k - $140k



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