Director of Financial Reporting- CPA

Apply by eMail:15060933.185@jobfrenzy1.com

Description:
FINRA is seeking well qualified individuals for our Director of Financial Reporting opening in Rockville, MD. To be considered for this position, please submit your resume through our careers site. No phone calls please.

Job Summary:

Responsibilities include directing the daily, monthly, quarterly, and year-end activities of the financial reporting function, including directing the team with respect to the planning and execution of the financial close processes, preparation of the trial balances for management reporting purposes, preparation of external reporting for FINRA and its subsidiaries, performance of SOX 404 compliance assessments, etc. Serve as financial reporting expert with respect to technical accounting matters. Facilitate relationship with external and internal auditor management personnel. Oversee compliance with the Financial Reporting Department’s standard operating procedures and Sarbanes-Oxley 404 controls.

Essential Job Functions:

·Direct the daily, monthly, quarterly, and year-end activities related to the financial reporting function.
· Direct the team with respect to the planning and execution of the financial close processes, preparation of the trial balances for management reporting purposes, and preparation of external financial reporting for FINRA and its subsidiaries, including the parent company annual report (including MD&A, consolidated financial statements and disclosures, and other financial information), subsidiary financial statements, and special-purpose statements/agree-upon procedures reports covering program operations.
· Oversee SOX 404 self-assessments for the consolidation and close process, investments, and other general ledger processes.
· Direct the preparation of materials for FINRA Board/Committee, Disclosure Committee, and Management Committee materials.
·Serve as financial reporting expert with respect to technical accounting matters. Oversee review, evaluation, and implementation of new accounting and reporting pronouncements and develop related memos, policies, and procedures. Oversee the analysis of the accounting and reporting for new transactions/events, agreements/contracts, etc. and ensure conclusions are appropriately documented.
·Review financial statement fluctuation analyses prepared/reviewed by financial reporting managers and staff and identifies significant transactions, new agreements, trends, issues, etc.
·Perform general review of journal entries, account reconciliations and roll forward schedules.
·Serve as audit liaison for the Financial Reporting area with internal and external auditor management personnel, providing leadership and planning for audits, coordinating the completion of fieldwork with auditors by ensuring timely responses to inquiries and providing requested documentation, and ensuring prompt implementation of management’s decisions in response to internal/external audit recommendations.
· Oversee the processes for updating/developing, implementing, and complying with standard operating procedures and performance measures for financial reporting function that provides for a sound internal control environment, promotes consistent levels of timeliness, accuracy, and completeness in work products, and achieves agreed-upon performance measures.
·Interact with key members of management to ensure timely identification and resolution of financial reporting related matters.
·Respond to ad hoc Financial Reporting area related inquiries/requests from external customers in a timely manner.
·Provide leadership to the Financial Reporting team in performing their responsibilities. Provides counsel and advice on performance and staffing matters, and training and development of staff.
·Serve as subject matter expert on key operational and systems initiatives impacting financial reporting function.
· Support the CFO, the Controller, and Finance senior management on company-wide initiatives including, potential acquisitions/mergers, divestures, cost savings/process improvement initiatives, etc., as needed.


Education/Experience Requirements:

· Bachelor of Science Degree in accounting, finance or equivalent.
· CPA required.
· Graduate degree a plus.
· Minimum 12-15 years of accounting and financial reporting experience – public accounting experience highly desired, with minimum of 6-8 years of experience in leadership and management.
· Demonstrated knowledge of current GAAP and SEC reporting.
· Demonstrated knowledge of financial reporting processes, systems, and internal controls.
· Ability to lead and develop staff in a team-oriented setting.
· Ability to manage multiple assignments simultaneously.
· PeopleSoft financial system experience preferred.
· Proficiency in Windows environment (Microsoft Excel, Word, Powerpoint, and Access) required.
· Excellent verbal and written communication skills required.

Working Conditions:

· Normal office conditions; extended hours may be required, some travel required.


In addition to a competitive salary, comprehensive health and welfare benefits, and an incentive bonus, FINRA offers immediate participation and vesting in a 401(k) with company match; a company funded pension plan; tuition reimbursement and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA.

FINRA is an Equal Opportunity Employer, M/F/D/V

About FINRA:
The Financial Industry Regulatory Authority (FINRA) is the largest non-governmental regulator for all securities firms doing business in the United States. All told, FINRA overseesnearly 5,000 brokerage firms, about 174,000 branch offices and approximately 677,500 registered securities representatives. FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 15 District Offices around the country.

Created through the consolidation of FINRA and the member regulation, enforcement and arbitration functions of the New York Stock Exchange, FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services.

In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair, ensuring investor choice and proactively addressing emerging regulatory issues before they harm investors or the markets.

Search Firm Representatives:

Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.

Requirements:
see above

Education: Not Specified

Experience: Not Specified

Travel: None

Apply by eMail:15060933.185@jobfrenzy1.com

Job Created: Thu Sep 03 2009 04:27:03 AM
Last Modified: Thu Sep 03 2009 04:27:03 AM