External Financial Reporting Manager

Fastenal•Winona, MN

About The Position

The External Financial Reporting Manager leads the External Reporting team and is accountable for the accuracy and timeliness of the company’s external financial reporting. The role oversees preparation and review of financial statements, disclosures, management discussion and analysis, SEC filings, XBRL tagging, and EDGAR submissions. It researches complex technical accounting matters, develops accounting policies, evaluates new accounting standards, and supports internal controls over financial reporting. The manager coordinates reporting activities with senior leadership, board members, legal counsel, external auditors, Investor Relations, and other service providers. The role also improves reporting processes, coaches and develops team members, and leads special projects as needed. This is a full-time position in Winona, Minnesota, with a stated Monday–Friday schedule of 7:00 a.m.–6:00 p.m. Fastenal describes an entrepreneurial culture and a commitment to training, promoting from within, and creating employee opportunities. The base pay range is $72,000–$108,000, with eligibility for a bonus and/or commission.

Requirements

Bachelor’s degree in accounting, finance, or a related field.
Three or more years of progressive accounting experience.
Experience preparing and/or reviewing financial statements and footnote disclosures.
Technical accounting experience, including researching and documenting complex accounting matters.
Experience drafting accounting policies and evaluating new accounting standards.
Working knowledge of U.S. GAAP and internal controls over financial reporting.
Prior experience coaching and developing accounting professionals.
Prior experience leading a team and managing multiple deliverables against firm deadlines.
Excellent written and oral communication skills.
Proficiency using Microsoft Office Suite, with an emphasis on Excel.
Strong problem-solving, deductive reasoning, and decision-making skills; self-directed and highly motivated.
Strong organization, planning, prioritization, attention to detail, and urgency while managing multiple tasks in a fast-paced environment.
Demonstrate the company’s core values of ambition, innovation, integrity, and teamwork.
Pass the required drug screen where applicable in the U.S., Puerto Rico, and Guam.

Nice To Haves

Knowledge of SEC reporting requirements.
Experience preparing, reviewing, or supporting 10-K, 10-Q, and 8-K filings.
Experience preparing or reviewing MD&A.
Public-company external reporting experience.
Public accounting and/or external audit experience.
CPA designation.
Formal people-management experience.
Experience coordinating external audits, including managing timelines and technical matters with auditors.
Investor Relations experience, including earnings releases and investor materials.
XBRL, taxonomy, and EDGAR experience.
Internal-control documentation and testing experience.

Responsibilities

Direct the daily activities of the External Reporting team.
Oversee preparation and review of external financial statements, footnote disclosures, and MD&A for compliance with U.S. GAAP and applicable SEC requirements.
Oversee SEC reporting and filings, including Forms 10-Q, 10-K, and 8-K, proxy statements (DEF 14A), news releases, and supporting documentation.
Oversee XBRL tagging, taxonomy review, and EDGAR submissions.
Manage quarterly reporting timelines, governance disclosures, and Investor Relations website updates; coordinate with senior leadership, board members, SEC counsel, external auditors, and other service providers.
Research and document complex technical accounting matters, draft accounting policies, and evaluate new accounting standards, including potential system design and development impacts.
Oversee internal controls over financial reporting and support a strong financial reporting control environment.
Coordinate with external auditors on quarterly reviews and the annual audit, including technical accounting and disclosure matters.
Partner with Investor Relations on earnings releases and investor materials.
Identify opportunities to improve systems, processes, and procedures across reporting functions.
Coach and develop team members, build capability within the function, and prepare team members for future opportunities.
Lead special projects and other financial reporting initiatives as needed.