Financial Reporting Director directs and oversees the preparation and distribution of all periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Director confirms that entries, transactions, and accounts are accurately and properly consolidated and are included in internal and external financial statements. Advises management of trends and changes in reporting requirements and recommends best approach for any changes in reporting. Additionally, Financial Reporting Director may serve as a liaison with or oversee the work of external auditors. May direct the preparation of materials for board or shareholders. Requires a bachelor's degree of Accounting or Finance. Typically reports to top management. The Financial Reporting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Reporting Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Essential Responsibilities:
· This position is part of the GE Vernova Wind Controllership team primarily focused on Financial Reporting. This individual will be responsible for financial close and reporting activities across the Wind segment ensure compliance with all external and internal reporting requirements including, but not limited to, overall reporting calendar and coordination with the GE Vernova Corporate team, quarterly balance sheet deep dives, quarterly FRPs, DR reporting, financial statement tie-outs, and controls over the aforementioned topics. They will ensure compliance with local statutory regulations, U.S. GAAP, maintain proper training, and be knowledgeable of all new rules and regulations around financial reporting. This individual will have an in depth understanding of the business or function and how their role integrates with others within their discipline.
· Job Description
Essential Responsibilities
· Key point of contact for all external financial reporting matters of the Wind segment.
· Organize and facilitate all quarterly review processes to ensure accuracy of the Wind balance sheet and cash flow statement, and how that feeds the external reporting documents.
· Support on the understanding the balance composition of the balance sheet relevant accounts, specifically those accounts that feed external reporting disclosures on the Quarterly 10-Q and Annual 10-K filings.
· Lead and execute quarterly DR process including planning the preparation and review of all DRs, understanding how those DRs feed financial statement disclosures and footnotes, and in some cases preparation of certain DRs.
· Coordinate with other segment financial reporting leaders to ensure consistency in processes across GE Vernova.
· Lead quarterly balance sheet deep dives.
· Design internal reviews and lead consolidation process to report balance sheet movements during Finance reviews with controllership teams (FRP) enhancing the visibility of the same.
· Actively participate and lead post-mortems for quarter close lessons learned within business finance / operations team providing feedback and following up on action plans.
Qualifications/Requirements
• Bachelor's Degree from a nationally accredited university or college
• Minimum of 5 years of experience in a financial position including experience in public accounting or controllership
Desired Characteristics
• Certified Public Accountant
• Detail oriented with large quantities of data, but able present and communicate concisely
• Strong process management and organizational skills
• Strong communication skills
The salary range for this position is $95,300 - $158,800 USD Annual. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience, their education, and the work location. In addition, this position is eligible for a 10% variable incentive bonus. Available health and welfare benefits include healthcare, prescription drug, dental, and vision coverage; savings account options (such as a Health Care Flexible Savings Account, Health Reimbursement Account, Limited Purpose Flexible Spending Account, and Dependent Care Flexible Spending Account); and an employee assistance program. Additional benefits include a defined contribution 401(k) plan, employee life insurance, optional dependent life insurance, employee accidental death or dismemberment insurance coverage, short-term disability, optional long-term disability, pre-tax transportation/commuter program, paid holidays, paid time off, parental leave, a layoff plan for salaried employees, tuition refund program, use of CariLoop, adoption assistance, optional identity theft prevention insurance, optional personal legal assistance, and optional personal excess liability insurance.
Relocation Assistance Provided: No
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