Sr. Manager, Financial Reporting
About The Position
The Senior Manager, Financial Reporting position leads the Company's financial reporting processes to ensure financial information is reported in compliance with GAAP and SEC requirements. This position will be responsible for overseeing the preparation and analysis of financial information, and reviewing financial statements, selected reports to senior management, and other analyses prepared by direct reports. This position will also share subject matter expertise with business partners in Accounting and other areas of the business to determine appropriate accounting treatment and disclosures for transactions, support the development of accounting policies and interpret and implement accounting pronouncements. The Senior Manager, Financial Reporting will work closely with the Company's Investor Relations, Legal, Treasury, Tax, and Audit Service departments, senior and executive management and external auditors. Due to the nature of these responsibilities, this role has significant exposure to the company’s senior executive team to provide advice and guidance on areas related to financial statement disclosure and SEC compliance.
Requirements
- Ability to motivate and influence across multiple levels of the organization, and willing to challenge upwards appropriately in the best interest of CarMax
- Ability to evaluate and make effective judgments on complex accounting and SEC reporting matters
- Ability to summarize or present complex and/or technical information in an easy-to-understand manner
- Ability to build and maintain strong relationships throughout the organization, and collaborate with and support other departments and teams
- Ability to anticipate customer-specific needs and put forth actions to ensure a seamless customer experience
- Ability to prioritize and lead team to achieve long-term and short-term results
- Ability to develop, execute and adjust a plan with high degree of independence
- Ability to develop and promote other associates for organizational needs
- Ability to understand latest industry trends and their potential impact for CarMax
- Ability to act with confidence in the face of unclear or challenging conditions; rapidly adapt to change or unexpected obstacles
- Four-year degree in Accounting and/or Finance and current Certified Public Accountant license required
- Seven or more years of relevant accounting experience including five or more years of experience in public accounting (Big 4 firm preferred) and/or corporate financial reporting with significant exposure to SEC reporting requirements
- Three or more years of experience leading teams to achieve common goals, including supervising and developing direct and/or indirect reports
- Strong accounting skills including extensive knowledge of generally accepted accounting principles (GAAP), SEC reporting requirements and XBRL
- Demonstrated experience preparing, analyzing and reviewing financial statements, notes to financial statements and other supplementary information (i.e., Management’s Discussion & Analysis [MD&A], exhibits, etc.)
- Previous experience with XBRL taxonomy and tagging of financial statements and notes preferred
- Previous project management experience
- Computer skills: Microsoft Office (Excel, Word and PowerPoint), Workiva
- Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.
Nice To Haves
- Big 4 firm preferred
Responsibilities
- Lead and review the preparation of monthly, quarterly and annual financial statements, SEC filings, earnings releases, and annual proxy statement, including review of supporting documentation
- Review various monthly and quarterly financial schedules, analyses and reconciliations; review and approve journal entries
- Participate in and/or lead special projects and meetings
- Participate in and review research performed related to technical issues or developments and related documentation/memos supporting our conclusions.
- Provide subject matter expertise in the development of accounting policies and implementation of new accounting and disclosure requirements
- Direct, lead and develop a team of associates through timely performance feedback delivered during day-to-day observations, file reviews and an annual performance review. Responsible for creating individual development plans and business objectives designed to enhance and assist associate growth
- Support the external audit process, including review of client-prepared schedules for quarterly audit reviews and SOX 404 testing and financial reporting process documentation
Benefits
- Paid sick time
- Vacation time
- Paid holidays
- Floating holiday
- Holiday Premium Pay
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What This Job Offers
Job Type
Full-time
Career Level
Manager
