What are the responsibilities and job description for the Manager of Accounting & Reporting position at Foster McKay?
Job Title:
Manager of Accounting & Reporting
Position Summary:
The Manager of Accounting & Reporting oversees the organization’s accounting operations, financial reporting, and internal controls to ensure accuracy, compliance, and timeliness. This role is responsible for managing monthly close activities, preparing financial statements, coordinating audits, and supporting strategic financial initiatives. The ideal candidate combines strong technical accounting expertise with leadership and communication skills.
Key Responsibilities:
Financial Accounting & Reporting
- Oversee preparation of monthly, quarterly, and annual financial statements in accordance with GAAP/IFRS and company policies.
- Manage the general ledger, ensuring all entries and reconciliations are accurate and complete.
- Lead the month-end and year-end close processes, ensuring deadlines are met.
- Review journal entries, account reconciliations, and financial analyses prepared by staff.
- Prepare and present financial reporting packages for management, the Board, and external stakeholders.
Compliance & Controls
- Maintain and improve internal controls to ensure compliance with accounting standards, company policies, and regulatory requirements.
- Coordinate and support annual external audits and internal audits.
- Monitor compliance with tax, legal, and statutory reporting requirements.
Leadership & Collaboration
- Supervise, mentor, and develop accounting staff to build a high-performing team.
- Collaborate with FP&A, Operations, and other departments to ensure accurate financial insights and alignment with strategic goals.
- Drive process improvements and implement automation to enhance efficiency and accuracy.
Strategic & Analytical Support
- Support budgeting and forecasting processes with accurate accounting data.
- Analyze financial results to identify trends, risks, and opportunities.
- Participate in special projects, system implementations, and business initiatives as needed.
Qualifications:
Education & Certifications:
- Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred).
- CPA, CA, or equivalent professional designation strongly preferred.
Experience:
- 6 years of progressive accounting experience, including at least 2 years in a supervisory or managerial capacity.
- Strong knowledge of GAAP/IFRS, financial reporting, and internal controls.
- Experience with ERP/accounting systems (e.g., SAP, Oracle, NetSuite).
- Public accounting or audit experience a plus.