Manager, Financial Accounting Job Description

Manager, Financial Accounting Job Description

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Manager, financial accounting provides advice and support on any US GAAP or local GAAP/IFRS issues, ensure correct reflection in accounts and support Technical Accounting team in preparation of accounting memos as required.

Manager, Financial Accounting Duties & Responsibilities

To write an effective manager, financial accounting job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, financial accounting job description templates that you can modify and use.

Sample responsibilities for this position include:

Conduct basic Technical accounting research and documentation of conclusions regarding application of GAAP/emerging GAAP
Support IFRS/GAAP convergence project
Advises on university financial policies and procedures, agency laws and regulations, and generally accepted accounting principles
Ensure financial statements are prepared in accordance with GAAP and Sabert policies
Maintain appropriate internal controls by defining procedures in compliance with Corporate accounting policy & GAAP
Responsible for the preparation of monthly analysis (presented to the board)
Be instrumental part of the process and improvements of the team and business
Provide timely and accurate reporting to key stakeholders nationally and internationally
Manage and develop senior and staff accountants in all aspects of US and international accounting and financial reporting, including journal entries, reconciliations, analysis
Prepare and/or review management and BOD reports for the Co, and joint ventures

Manager, Financial Accounting Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Manager, Financial Accounting

List any licenses or certifications required by the position: CPA, ACCA, MBA, CA, AICPA, CIA, CTP, FRM

Education for Manager, Financial Accounting

Typically a job would require a certain level of education.

Employers hiring for the manager, financial accounting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Education, Business, Business/Administration, Public Accounting, MBA, Economics, Management, Graduate

Skills for Manager, Financial Accounting

Desired skills for manager, financial accounting include:

US GAAP
Use of SAP FI through proven work experience
IFRS and local country accounting standards
Excel
Accounting principles
Adidas systems
Database Software Systems
GAAP
Generally Accepted Accounting Principles
If possible GRAPE

Desired experience for manager, financial accounting includes:

High degree of flexibility and creativity require adapting to a constantly changing environment, and to develop and adapt financial procedures and processes to meet such changes
Retail, Business Banking and Wealth Management experience is desirable
Support monthly close process including coordination with all stakeholders, leading to the distribution of financial highlights, and regulatory reports and SEC filings
Research accounting issues impacting existing or new transactions, both US and domestic
Monitor and assess internal procedures and lead cross functional process redesign initiatives
Manage and coordinate the B/S budget and forecast process

Manager, Financial Accounting Examples

1

Manager, Financial Accounting Job Description

Job Description Example
Our company is looking to fill the role of manager, financial accounting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, financial accounting
  • Manager external and internal reporting
  • Consolidate global financial results and monthly management reporting package
  • Roll up global financial results and quarterly forecast
  • Perform inventory, cash flow, FX and other ad hoc analysis
  • Review financial results, identify variances and make recommendations
  • Support quarterly forecast and annual budget process as required
  • Monitor cash flow and foreign operations foreign exchange activities
  • Working with consultants to get them information for financial statements
  • Working with consultants to prepare technical accounting for the company
  • Preparing monthly reporting for two tax equity funds for the company's Tax Equity Partner
Qualifications for manager, financial accounting
  • Minimum 4 years public accounting experience
  • Proficiency in developing sound accounting policies and procedures and internal control processes
  • Experience drafting financial statements including drafting complex footnotes
  • Strong knowledge of SAP a plus
  • Consolidation experience with multiple divisions and multiple currencies using BPC, Hyperion, Cognos or similar consolidation tools
  • Strong attention to detail, organization skills, and focus on accuracy
2

Manager, Financial Accounting Job Description

Job Description Example
Our company is growing rapidly and is looking for a manager, financial accounting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, financial accounting
  • Manage client engagements and staff while developing client relationships and working on FAO engagements
  • Lead and plan client engagements, determining appropriate objectives, scope and methodology and actively participate in decision making with client’s management to understand the broader impact of current decisions
  • Identify opportunities and recommend solutions to improve clients’ accounting function processes and operations
  • Execute a personal and team marketing plan and solicit referrals, converting them into business development opportunities
  • Identify needs for practice resources and help recruit appropriate staff giving consideration to technical competencies and cultural fit
  • Ensure SOX requirements are met for the ANZ Financial Accounting and Tax areas
  • Work with cross functional teams on development of strategy for enterprise wide implementation of new accounting standards
  • Review the monthly revenue and direct cost accrual entries, other accounting review duties as necessary
  • Coordinate closely with AP group to ensure accuracy of month end accruals
  • Manage the outsourced partner (team of approximately 10 accountants) to ensure the accuracy and timeliness of general ledger accounting within the scope of the Financial Reporting team and maintain agreed service levels of performance
Qualifications for manager, financial accounting
  • Ability to multi-task and work on multiple projects with competing demands at the same time
  • Ability to liaise with financial and operational management across the group
  • Ability to coordinate and manage in a team environment
  • Bachelor’s Degree in Accounting, Finance, Business Administration or similar discipline
  • Experience and ability to read and understand abstract legal agreements
  • Proficiency with Accounting Software/Reporting Software, AX, and TM1
3

Manager, Financial Accounting Job Description

Job Description Example
Our growing company is looking to fill the role of manager, financial accounting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for manager, financial accounting
  • Leads and supports process improvements in a shared service center environment that includes an external business process owner (BPO)
  • Monitors the BPO's activities to ensure timely completion of activities such as month end closing tasks, preparation of monthly reconciliations and internal controls testing among other activities
  • Monitors the performance of the BPO, through proper management of KPIs, providing training and establishing corrective actions as necessary
  • Identifies process gaps and process improvements of record to report areas of focus initiatives
  • Coordinates the Internal Audit and External Audit for both quarterly and year-end audit work by establishing proper control mechanism to ensure timely delivery of the information/data requested by the auditors
  • Supervises two positions
  • Lead and operate the statutory accounts process with minimal supervision and make decisions based on acquired skills and knowledge
  • Be a change agent to propose and lead projects from time to time to further drive for efficiency but ensuring the financial and internal controls are assessed and managed
  • Make decisions on appropriate accounting treatment for transactions in compliance with published policies and guidelines
  • Prioritize tasks within job function balancing the need to meet tight deadlines and other corporate demands
Qualifications for manager, financial accounting
  • Knowledge of SAP, SunSystems and Vision Q&A would be an advantage
  • Knowledge of IFRS standards
  • 4+ years of public hedge fund experience
  • 5-10 years of public/private accounting experience in the financial industry
  • Strong knowledge of consolidation issues, specifically as they apply to the asset management industry
  • Working knowledge of structured finance vehicles and various products, and the related disclosure requirements
4

Manager, Financial Accounting Job Description

Job Description Example
Our growing company is hiring for a manager, financial accounting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, financial accounting
  • Manage a diverse team (3 - 10 FTEs) to deliver a high-performing organization and drive improvements/standard solutions, while driving a high degree of collaboration
  • Implement accounting changes to comply with regulatory accounting changes or reinsurance policy changes and will ensure the implementation of new reinsurance accounting is consistent with technical accounting conclusions and Brighthouse’s Reinsurance Accounting Policy
  • Interaction and coordination with the lines of business, administrative and valuation areas to ensure reinsurance needs are being met those of reinsurance customers
  • Review all month-end journals posted by the Financial Accounting team
  • Support the monthly, quarterly and annual EMEA financial close process, including overseeing the assigned EMEA subsidiaries reporting and compliance
  • Executing policy, including regular interaction with Corporate Accounting Policy on technical accounting issues that impact Corporate Treasury
  • Examining and preparing reports relevant to price verification
  • Providing analytical support related to derivatives and securities valuation
  • Maintaining best in class controls related to the MCA process including, but not limited to, balance sheet and cash disbursement controls
  • Advisory team reporting tool
Qualifications for manager, financial accounting
  • 10+ years of recent accounting experience with a heavy emphasis on IT/Accounting systems
  • Proven Practice Development (sales) experience in consulting and accounting related services is preferred
  • Possesses a comfort with presentations and public speaking and a willingness to speak at and/or lead seminars, workshops and other industry events
  • Qualified individuals must either reside in or near Southfield, MI or be willing to relocate to the area for this opportunity
  • Assistant Manager – 4 years’ experience
  • Provide positive role modeling for the team
5

Manager, Financial Accounting Job Description

Job Description Example
Our innovative and growing company is looking for a manager, financial accounting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, financial accounting
  • Responsible for all month-end close functions, including reviewing and approving journal entries, reconciliations, and related
  • Performs journal entry review procedures, reviews balance sheet reconciliations, and conducts other key controls that ensure the completeness, accuracy, and timeliness of the monthly financial statements
  • Partners with functional and location personnel to gather data needed to ensure proper accounting
  • Responsible for the preparation, reconciliation and analysis of many accounts, some of which may be subject to a high level of judgement or risk, and therefore require a higher level of involvement
  • Responsible for coaching, training, and providing feedback and performance reviews to direct and indirect reports
  • Queries and analyzes transactional data from various systems and identifies and resolves issues as needed
  • Responsible for variance reporting and the related analysis/explanations for various functional areas of the business
  • Ensures teams complete closing tasks timely and with minimal error
  • Enforces compliance with the established policies and procedures to safeguard assets
  • Assists others on the team with integration and analysis tasks associated with acquisitions
Qualifications for manager, financial accounting
  • Leasing Industry Experience Preferred
  • Financial Statement Knowledge Preferred
  • As a member of the operations team, responsible for contributing to the achievement of business objectives
  • Experience with Oracle and Hyperion Financial Management systems is preferred
  • Must have strong grasp of accounting theory and knowledge of SEC and regulatory reporting rules
  • Industry-specific accounting is preferred but not required

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