What are the responsibilities and job description for the Financial Reporting Manager position at AutoNation?
Description of Position:
Responsible for managing the financial and external reporting process, as well as the accounting for acquisitions and divestitures.
Job Responsibilities:
• Prepare and review tie out of quarterly and annual financial reports to be filed with the SEC, including press releases, registration statements, MD&A, financial statements, and accompanying footnotes, and other supplemental information; and ensure such reports comply with GAAP and SEC reporting standards.
• Collaborate with the Investor Relations department to ensure financial data and supplemental information provided in earnings release and related materials are adequately supported.
• Prepare and review other externally reported financial information including 401k financial statements, proxy statements, and investor presentations.
• Assist with gathering financial information from various corporate and regional departments, maintain quarterly reporting schedule, and monitor progress against reporting cycle milestones.
• Prepare and review supporting workpapers for financial statement footnote disclosures and MD&A disclosures and ensure SOX compliance.
• Prepare and review various monthly/quarterly analyses including inventory valuation reserve, stock-based compensation, and EPS calculations, as well as goodwill and equity roll forwards.
• Oversee acquisition and divestiture accounting for newly acquired and divested stores, including analysis, journal entries, and related account reconciliations and roll forwards.
• Assist in audit process including managing request lists, preparing schedules, and communicating with external auditors.
• Maintain thorough knowledge and understanding and stay abreast of changes to GAAP and SEC rules and regulations.
• Research and evaluate technical accounting issues and the related impact to the company’s financial statements.
• Assist in the development, documentation, and implementation of accounting policies and related internal controls as new accounting issues arise.
• Manage and train the Senior of External Reporting including performing periodic performance evaluations.
• Assist with XBRL tagging of financial statements and disclosures.
• Assist with preparation of various deliverables for Audit Committee.
• Perform special accounting projects as assigned.
Qualifications Mandatory:
4-year degree in accounting
CPA with 7 years of related work experience
Experience with public company/SEC reporting
Strong understanding of financial statements and footnote disclosures
Solid current working knowledge of generally accepted accounting principles and SEC regulations
Strong communication skills (both written and verbal)
Strong time management, organization, and interpersonal skills
Strong computer skills, advanced knowledge of Excel, Word, etc.
Qualifications Preferred:
Hyperion and Essbase systems experience
Workiva experience
XBRL experience
Exciting Benefits and Perks Await You:
- Competitive compensation and 401k matching
- Enjoy a healthy work-life balance with insurance plans (health, dental, vision) and maternity benefits.
- Associate purchase and discount programs for new and pre-owned vehicles, services, parts, collision, accessories, and AutoGear
- Access amazing deals and discounts through YouDecide, a website with offers from top providers and retailers
- Join our DRVPNK mission to raise and donate millions of dollars to cancer research and treatment, partnering with cancer charities nationwide
AutoNation is one of the largest automotive retailers in the United States, offering innovative products, exceptional services, and comprehensive solutions, empowering our customers to make the best decisions for their needs. With a network of dealerships nationwide strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and provide expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.
AutoNation is committed to creating a diverse, equitable, and inclusive environment in our workplace and the services we provide. We welcome candidates from all backgrounds who are passionate about making a positive impact. Even if you do not meet every requirement, we encourage you to apply. Join our team and help us foster a culture of belonging while contributing to our revolutionary work in the automotive industry. We value innovation, teamwork, and a commitment to making a positive impact in the world.