What does a Director of Financial Reporting do?

Financial reporting managers supervise the management and reporting of financial records. They are responsible for overseeing the handling of important financial documents and files such as balance sheets, income statements, quarterly and annual reports, and ensure the proper systems and controls are in place to manage that information securely. They lead of team of financial specialists and other staff, and establish department policies and practices.

Financial reporting managers typically have a bachelor’s degree and are also a licensed CPA (certified public accountant). They have extensive experience in accounting roles, and must be comfortable using common monitoring and reporting tools and platforms. These managers must be highly organized with strong leadership skills. They must be knowledgeable about SEC regulations, and should have an in-depth understanding of GAAP (Generally Accepted Accounting Principles).

What responsibilities are common for Director of Financial Reporting jobs?
  • Assist in executing the financial reporting component of the external audit.
  • Prepare all periodic required filings.
  • Compile quarterly financial statements which adhere to SEC Rules.
  • Assist in the evaluation of and accounting for complex transactions.
  • Analyze and drive implementation efforts of new accounting pronouncements.
  • Analyze business results and prepare appropriate financial statements to describe those results.
  • Ensure internal controls are properly designed, implement and documented.
  • Assist in the preparation of quarterly earnings press releases and earnings call materials.
  • Act as liaison to external auditors in the resolution of technical accounting issues.
  • Ensure company's filings with the SEC and stock exchange are filed promptly and accurately.
  • Assist in the valuation process, including the preparation of the Excel schedules and narrative reports.
  • Facilitate and coordinate multiple deadlines and respond quickly to management requests.
What are the typical qualifications for Director of Financial Reporting jobs?
  • Bachelor's Degree in business or computer science.
  • Advanced knowledge of generally accepted accounting principles.
  • Skilled in general ledger processes.
  • Experience with Enterprise Resource Planning programs and tools.
Education--
Work/Life Balance
3.7 ★
Total Pay--
Career Opportunity
3.7 ★
Avg. Experience5-7 years

How much does a Director of Financial Reporting make near United States?

Confident
$204,302 /yr
Total Pay
$150,083
 /yr

Base Pay

+
$54,219
 /yr

Additional Pay

$204,302

 / yr
$134K$319K
Most Likely Range
Possible Range
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Director of Financial Reporting Career Path

Learn how to become a Director of Financial Reporting, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Director of Financial Reporting

Years of Experience Distribution

0 - 1
0%
2 - 4
9%
5 - 7
61%
8+
30%
Not including years spent in education and/or training

Director of Financial Reporting Insights

Read what Director of Financial Reporting professionals have to say about their job experiences and view top companies for this career.
CitcoCitco
Manager- Financial Statement Reporting
Dec 16, 2022

“This might just change/save your career path and not make the mistake that I did.”

Morgan StanleyMorgan Stanley
Financial Reporting Accountant
Feb 6, 2023

“good work and life balance”

BNY MellonBNY Mellon
Financial Reporting Manager
Mar 14, 2023

“No gratitude for working excessive overtime it is expected and no payment.”

Brown Brothers Harriman
Financial Reporting Team Lead
Oct 7, 2022

“Emphasis on continued employee training and career development.”

Boa TechnologyBoa Technology
Financial Reporting Manager
Nov 29, 2023

“BOA offers a hybrid work schedule which is great for work”

Fidelity InvestmentsFidelity Investments
Financial Reporting Manager
May 31, 2022

“Nice place to work work”

Allianz Global AssistanceAllianz Global Assistance
Manager, Financial Reporting
Aug 13, 2021

“Generally great work life balance”

PZ CussonsPZ Cussons
Financial Reporting Accountant
Jul 1, 2022

“Great team to work with”

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Director of Financial Reporting Interviews

Frequently asked questions about the roles and responsibilities of a Director of Financial Reporting

The most similar professions to Director of Financial Reporting are:
  • Management Accountant
  • Accountant
  • Accounting Manager
  • Cost Accountant

Related Careers

Management Accountant
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Accounting Manager
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Cost Accountant
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Director of Financial Reporting Jobs