City
Manhattan
State
NY
Job Type
Full-Time Regular
Date Posted
9/12/2023
 
Compensation
$140,000 - $160,000 + Bonus
Job Description

Flybridge Staffing is currently searching for a Director of Financial Reporting for a NY City based client. This is a direct hire position that works off a hybrid schedule of 3 days in 2 days remote. OTE is expected to be between 170-190k, with amazing retirement benefits.

The Director of Financial Reporting has a pivotal role overseeing the comprehensive financial close and reporting process, encompassing SAAP and GAAP financials. With an extensive background in technical accounting, including a deep knowledge of GAAP, statutory accounting principles, and SEC reporting, this position reports directly to the VP of Financial Reporting and manages a team of skilled professionals. This position interacts with executives across departments, serving as a critical contributor to the organization's financial reporting team.

Responsibilities:

  • Financial Close Management
    • Drive and oversee the month-end financial close process, ensuring the timely and accurate preparation and review of various elements, including journal entries, account reconciliations, intercompany transactions, equity considerations, and ad-hoc analyses.
    • Maintain strict adherence to assigned deadlines, ensuring the integrity and accuracy of financial data during the closing process.
  • Financial Statement Review and Analysis
    • Analyze monthly internal reporting packages for senior leadership, developing insightful analytics to communicate the financial performance of the business.
    • Review monthly, quarterly, and annual Audited financial statements to ensure timely and accurate reporting according to SAAP and GAAP accounting principles.
    • Review statutory regulatory filings and financial statements along with related workpapers.
  • Supervision of General Ledger Accounting
    • Supervise and lead general ledger accounting functions, ensuring the regular and accurate reconciliation and analysis of general ledger accounts.
    • Implement a timely process of reconciliation and analysis to maintain the financial accuracy of accounts.
  • Collaboration and Communication
    • Collaborate seamlessly with executives and teams across various departments to ensure accurate financial reporting, transparency, and alignment with business objectives.
    • Communicate complex financial information clearly and effectively to internal and external stakeholders.
  • Process Improvement and Automation
    • Identify opportunities for process enhancements and automation within financial reporting, driving efficiency, accuracy, and alignment with best practices.
    • Lead or contribute to special projects aimed at improving accounting processes, financial reporting, and overall operational effectiveness.
  • Technical Accounting Expertise
    • Apply deep knowledge of GAAP, statutory accounting principles, and SEC reporting requirements to address complex accounting challenges and ensure accurate financial reporting.
    • Research, analyze, and provide insights on emerging accounting standards and regulatory changes, ensuring compliance and appropriate accounting treatments.

Required Qualifications:

  • BS/BA Degree in Accounting or Finance
  • CPA required
  • Minimum of 5 years of relevant experience in public accounting or at a manager level, specifically within Financial Reporting in the Insurance industry
  • Minimum of 5 years of experience demonstrating strong proficiency in applying SEC, Statutory Accounting, and Generally Accepted Accounting Principles (GAAP) within the context of the insurance industry
  • Extensive knowledge of financial consolidations, eliminations, and segment reporting
  • Proven leadership and management proficiency, encompassing skills in motivation, visionary leadership, personnel development, and organizational design.
  • Exceptional aptitude for analysis and problem-solving,

Preferred Qualifications:

  • 3+ years of public accounting experience
  • Experience with financial software platforms such as NetSuite Financials or Oracle PBCS is a plus
  • Demonstrated mastery in Project Management, effectively leading substantial projects to achieve planned outcomes within designated timeframes and budget

****NO SPONSORSHIP AVAILABLE**** US Citizen, GC, EAD only please. If your background aligns with the above details and you would like to learn more, please submit your resume to jobs@flybridgestaffing.com or on our website, www.flybridgestaffing.com and one of our recruiters will be in touch with you ASAP.

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