Director of Consolidation and Reporting

3 weeks ago

Indianapolis, United States Creative Financial Staffing Full time

Our manufacturing client in Indianapolis is seeking a highly skilled and experienced Director of Consolidation and Reporting to join our finance team. The Director will be responsible for overseeing all aspects of financial consolidation and reporting for the company. This role requires a strategic thinker with exceptional leadership abilities and a proven track record of driving process improvements and efficiencies in a manufacturing environment.

Key Responsibilities:

  1. Financial Consolidation:

    • Lead the consolidation process for all financial data across multiple business units, regions, and subsidiaries.
    • Ensure accuracy, completeness, and integrity of financial information in accordance with GAAP and company policies.
    • Develop and maintain consolidation models and procedures to streamline the reporting process.
    • Implement best practices to enhance the efficiency and effectiveness of consolidation activities.

  2. Financial Reporting:

    • Prepare and analyze monthly, quarterly, and annual financial reports for internal and external stakeholders.
    • Coordinate with accounting teams to ensure timely and accurate submission of financial data.
    • Provide insights and analysis on financial performance, trends, and variances.
    • Collaborate with senior management to develop financial forecasts, budgets, and strategic plans.

  3. Compliance and Governance:

    • Stay abreast of changes in accounting standards, regulations, and industry trends.
    • Ensure compliance with statutory reporting requirements and audit standards.
    • Establish and maintain internal controls to mitigate financial risks and ensure data integrity.
    • Support audit processes and liaise with external auditors as needed.

  4. Process Improvement:

    • Identify opportunities to streamline and automate consolidation and reporting processes.
    • Drive continuous improvement initiatives to enhance the efficiency and effectiveness of financial operations.
    • Implement new technologies and tools to optimize reporting capabilities and decision-making.

  5. Leadership and Development:

    • Provide leadership and direction to the consolidation and reporting team.
    • Foster a culture of collaboration, accountability, and continuous learning.
    • Coach and develop team members to build a high-performing and motivated workforce.
    • Promote a positive work environment that values diversity, inclusion, and professional growth.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred.
  • 8+ years of progressive experience in financial consolidation and reporting, preferably in a manufacturing environment.
  • Strong understanding of GAAP, financial accounting principles, and consolidation methodologies.
  • Proficiency in financial reporting systems and ERP software (e.g., SAP, Oracle, Hyperion).
  • Excellent analytical skills with the ability to interpret complex financial data and communicate insights effectively.
  • Proven leadership abilities with experience leading and developing teams.
  • Strategic mindset with the ability to drive process improvements and change initiatives.
  • Detail-oriented, organized, and able to manage multiple priorities in a fast-paced environment.
  • Strong interpersonal skills with the ability to collaborate cross-functionally and build relationships at all levels of the organization.
#INMAY2024 #LI-CM2

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