Financial Reporting Manager job description

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Description

Financial Reporting Managers conduct various accounting and auditing responsibilities. They are highly technical, experts in financial reporting and managers of accounting operations. Managers liaise and coordinate the activities between in-house staff and outside auditors.
A Financial Reporting Manager performs many of the following tasks:

• Preparing financial reports
•  Analysing budgets
• Approving expenditure
•  Enforcing financial strategies
• Reviewing processes
• Dealing with external auditors
• Adhering to SOX, US GAAP and ISO regulations
• Resolving accounting problems
• Managing financial statements
•  Conducting quarterly reviews   People who work as Financial Reporting Manager receive impressive salaries. These packages may include petrol, meal, uniform and travelling allowances. They may also receive pension, stock, bonds, insurance and health care coverage. Their jobs are demanding and their hours are dependent on the demand they have at work. Activities such as year-end closings, annual audits, and quarterly reviews keep them working long hours.

Skills

• Organisation
• Reporting systems
• Supervision
• Leadership
• Delegation
• Motivation
• Communication
• Analytical thinking
• Understanding complex and technical information
• Being financially acute and shrewd
• Leading teams
• Management
• Project management
• Time management
• Planning
• Forecasting
• Networking
• Negotiating
• Using Microsoft Office and other financial applications

Education

Financial Reporting Managers must have a Bachelors Degree in Finance or Accounts. Job seekers have greater opportunities if they pursue an MBA. People who work as Financial Reporting Managers have a comprehensive understanding of the Securities and Exchange Commission regulations other industry regulations. Advanced professionals in this field continue on and get their PhDs in Accounting or Economics.

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