| Title: Financial Reporting Manager
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| Location: Reston, VA
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| Job Type: Direct Hire
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| Compensation: per Year
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| Reference Code: 948842-AQG
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Description: Our client is seeking a Financial Reporting Manager.
The responsibilities of this position include the following:
- Prepare/update FRS data load requirements to gather information for disclosure in the annual and quarterly combined financial reports, ensuring FRS information gathered meets current SEC/U.S GAAP, regulatory, and best practice industry financial Reporting disclosure requirements, which include but are not limited to derivatives, fair value, mortgage-backed SECurities and other-than-temporary impairment
- Review financial data including financial statements submitted by the Banks (via FRS and Excel templates) and prepare/review necessary disclosures in the combined financial reports
- Ensure follow up is performed with the appropriate Bank personnel for any unusual amounts or discrepancies between financial statements and financial disclosure data
- Work to ensure that the pre-established and agreed-upon timeline for the distribution of the combining statements, draft report and publication of the quarterly and annual financial reports is met
- Supervise the review of the printer draft of the quarterly and annual combined financial reports including the combining statements to ensure accuracy
- Work to ensure that comments on the draft combined financial reports from the Client Banks, external auditors, regulator and bond counsel have been addressed prior to publication
- Serve as a point of contact for the external auditors during their review of the combined financial reports. Coordinate external audit efforts to ensure timely review and audit of the combined financial reports
- Assist with the Client's comment letter response process relating to the combined financial reports
- Assist in the coordination and implementation of the FRS conversion/upgrades, as necessary, which includes: assisting with the creation/maintenance of the project plan, establishing business requirements, preparing and executing test plans, creating reports.
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Requirements: The skills, experience, and education required for this position include the following:
- A Bachelor's degree in Accounting from an accredited college or university
- Designation as a Certified Public Accountant with a minimum of 8-10 years of relevant work experience
- Big 4 experience and/or relevant SEC/banking experience required, including mortgage banking experience
- Knowledge of U.S. GAAP and accounting and financial reporting statement issues including experience with SEC rules and regulations relating to banking and mortgage banking
- Strong technical and research skills
- Strong analytical, interpersonal, organizational, project management and problem- solving skills
- Supervisory experience
- Knowledge of banking and mortgage banking industry regulations
- Proficiency with PCs and related software including Excel, Word and PowerPoint
- The ability to initiate and complete work assignments effectively and in a timely manner, with minimal supervision
- The ability to communicate effectively with all levels of management and staff, both orally and in writing
- Ability to prioritize tasks, meet deadlines and maintain a high level of performance
- Ability to influence various Client Bank accounting personnel to reach consensus on application of accounting policies
- Professional, service-oriented demeanor
- Strong SEC reporting experience
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