What are the responsibilities and job description for the Senior Director of Financial Reporting and Consolidation position at Driven Brands and Careers?
Driven Brands is North America's largest automotive services company with a portfolio of iconic brands including Take 5 Oil Change®, Meineke Car Care Centers®, Maaco®, 1-800-Radiator & A/C®, Auto Glass Now®, and CARSTAR®. Our vision is to fuel the pursuit with the simplest, most convenient, and most reliable car care experience.
Headquartered in Charlotte, NC, Driven Brands is more than a workplace. We're a launchpad — for careers, for dreams, and for people driven to do great things.
Every day, we fuel the pursuit — for our customers chasing life's moments, for our franchisees building lasting legacies, and for each other as we grow, lead, and succeed together.
Performance matters. We take pride in it. We own it. We show up for one another and for our communities.
Because at Driven Brands, we're not just fixing cars. We're building futures, unlocking potential, and fueling what's possible — together.
JOB DESCRIPTION:
Driven Brand’s Financial Reporting group is primarily responsible for the monthly consolidation close process as well as preparation of quarterly and annual SEC, regulatory, and compliance financial statements. This position will have exposure to the Chief Financial Officer, Chief Accounting Officer, and other senior executives at Driven Brands.
How you will Own It:
- Oversee the SEC financial filing process and review SEC financial filings, including annual reports on Form 10-K, quarterly reports on Form 10-Q, footnotes to the financial statements and Management Discussion and Analysis, and XBRL.
- Oversee regulatory and compliance financial statements
- SOX process owner for the financial reporting and consolidation process.
- Review and provide feedback on internal and external communications, including board and audit committee presentations and investor relations earnings releases, scripts, and presentations.
- Oversee the consolidation process, including the review of journal entries (e.g., share-based compensation, derivatives, and non-routine transactions) and coordinate with shared services to facilitate a timely close process.
- Coordinate with the business to review monthly and quarterly flux analyses
- Implement best practices regarding the consolidation close process.
- Ensure the ongoing integrity and accuracy of financial reporting systems
- Prepare technical memos for accounting matters (e.g. debt refinancing, share-based compensation, discontinued operations etc.) and oversee annual goodwill impairment testing.
- Work with internal stakeholders to review significant contracts and arrangements and ad-hoc transactions, as requested, to determine appropriate accounting under US GAAP and coordinate with internal teams on accounting.
- Proactively monitor current FASB and SEC activities and evaluate the impact of adopting new accounting standards.
- Work with independent auditor to ensure the timely completion of quarterly reviews and annual audits.
- Review accounting policies and procedures that ensure the highest level of operational efficiency for business units, while maintaining appropriate internal controls and compliance with US GAAP.
- Work as part of cross-functional teams to execute various special projects and transactions and preparation of ad hoc financial reporting.
What you’ll Bring:
- CPA required
- At least 10 years of experience with both Big 4 and industry experience preferred
- Strong knowledge of GAAP and SEC reporting requirements.
- The candidate should have strong leadership, decision making and technical skills.
- Proficient in Oracle and/or OneStream consolidation tools and Workiva
- Excellent analytical capabilities
- Strong interpersonal qualities
- Executive presence
- Passion and perseverance
- Clear and transparent communication skills
- Structured thinking
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