As a member of the finance team, the Financial reporting specialist will be the primary architect of the consolidation process, leading the effort to timely gather the financial data from various subsidiaries and business units. The Financial Reporting specialist will be responsible to ensure that the consolidated financial statements conform to the highest standards, aligning seamlessly with accounting principles such as GAAP. This involves great attention to detail and the capability to identify and rectify any discrepancies or variances within the financial data.
Additionally, the Financial Reporting Specialist will play a vital part in financial analysis and interpretation. Deep dive into the numbers, identifying trends, variances, and key performance indicators that provide essential insights to our management team.
Expected Results
Accurate Consolidated Financial Statements: Consistently produce error-free and accurate consolidated financial statements that reflect the financial performance of the organization as a whole.
Timely Reporting: Meet all reporting deadlines, ensuring that financial data is available when required for decision-making, regulatory filings, and other obligations.
Compliance and Regulatory Adherence: Ensure that all financial reporting activities comply with accounting standards and regulatory requirements, with no major compliance issues or reporting errors.
Data Integrity and Accuracy: Implement and maintain controls to ensure the integrity and accuracy of financial data, resulting in minimal errors or discrepancies in financial reporting.
Effective Communication: Provide clear and insightful communication of financial results, analysis, and recommendations to management and stakeholders, aiding informed decision-making.
Financial Analysis and Insights: Generate meaningful insights from financial data analysis, enabling management to understand financial trends, variances, and KPIs and make strategic decisions based on this information.
Audit Success: Facilitate successful external audits with minimal findings or issues by preparing thorough documentation and maintaining audit readiness throughout the year.
Process Improvement: Identify and implement process improvements that streamline financial reporting procedures, enhancing efficiency and accuracy.
Cross-functional Collaboration: Collaborate effectively with various departments and teams to ensure accurate financial data input and gather relevant information for reporting purposes.
Budgeting and Forecasting Support: Contribute to the preparation of accurate financial budgets, forecasts, and long-term financial plans, enabling effective financial planning.
Knowledge Sharing: Stay updated on emerging financial reporting trends and best practices and share knowledge within the finance team to enhance collective expertise.
Reporting
The Financial Reporting Specialist will report to the VP, Finance and Accounting, and will work closely with the corporate FP&A team, business unit controllers and other executives.
Responsibilities
Consolidation and Reporting:
Financial Oversight:
Financial Analysis:
Audit and Compliance:
Process Improvement:
Communication:
Financial Oversight: Financial Analysis: Audit and Compliance: Process Improvement: Communication:
Requirements
Qualifications & skillset
Nox core values: Who we are and how we behave
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