Financial Reporting Analyst Job Description (2024)

Job Descriptions

Financial Reporting AnalystJob Description

4.5

191votesfor Financial Reporting Analyst

Financial reporting analystprovides on the ground technical accounting guidance to horizontal finance teams in Global Operations and works with the MENA and SSA C&R leaders to implement GE General Accounting Procedures (GAP/MAP) and Generally Accepted Accounting Principles (GAAP).

Financial Reporting AnalystDuties & Responsibilities

To write an effective financial reporting analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included financial reporting analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Manage GL accounting

Accounting-related work as requested

Prepare accounting reports and statements by Segment, Regional Business Unit, Legal Entities

Provide technical accounting advice to functional or operational area managers to help them develop revenue and expense budgets, understand financial reports and manage their financial responsibilities

Reconcile accounting records with the independent administrator

Compile GAAP compliant financial statements for distribution to investors

Assist with special projects as needed which may include new accounting standards, system implementations/enhancements, benefit plan financial statements and financial analyses

Prepare monthly closing entries

Prepare all required tax reporting and compliance forms

Prepare annual reports and franchise tax reports for various states

Financial Reporting AnalystQualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications forFinancial Reporting Analyst

List any licenses or certifications required by the position:CPA, COSO, MBA, CPE, CIMA, CFA, ACCA, CMA, CGFM, BI

Education forFinancial Reporting Analyst

Typically a job would require a certain level of education.

Employers hiring for the financial reporting analyst job most commonly would prefer for their future employee to have a relevant degree such asBachelor's and Collage DegreeinAccounting, Finance, Business, Economics, Business/Administration, Education, Finance/Accounting, MBA, Communication, Accountancy

Skills forFinancial Reporting Analyst

Desired skills forfinancial reporting analystinclude:

Excel

US GAAP

GAAP

Generally Accepted Accounting Principles

SAP

Accounting

MS Excel

Microsoft Excel

Word

Applicable Microsoft Office applications

Desired experience forfinancial reporting analystincludes:

Knowledge of stock market practices & data vendor systems

Must have knowledge of basic math, spelling, grammar, punctuation, accepted English usage, filing systems, and corporate formats for reports, letters

Prepare monthly analytic reports

Regulatory reporting experience highly preferred

With a “can-do” attitude and ability to manage numerous priorities simultaneously

Overtime hours are required during quarter-end and year-end

Financial Reporting AnalystExamples

1

Financial Reporting Analyst Job Description

Job Description Example

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  • Microsoft Word (.docx).DOCX
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Our company is growing rapidly and is looking to fill the role of financial reporting analyst. To join our growing team, please review the list of responsibilities and qualifications.

Responsibilities for financial reporting analyst

  • Support the development of daily average balance sheet and MI reporting
  • Support legal entity structuring and rationalization such as transfer of legal entities, restructuring and dissolution
  • Support production of consolidated financial statements and footnote disclosures
  • Assist in the calculation of management and incentive fees including equalization
  • Read new investor agreements to understand specific fees, reporting requirements
  • Allocate P&L in Master/Feeder structures
  • Assist in the preparation of monthly track records for master trading vehicles, feeder funds, separately managed accounts, and trading program composites
  • Communicate with other departments to meet reporting needs and address ad-hoc requests
  • Identify and research new codification affecting the industry and our entities
  • Prepare financial statements and reports for Sr

Qualifications for financial reporting analyst

  • The ideal candidate will have at least 4-5 years of relevant working experience in the banking industry
  • You will also have effective communication with various stakeholders and within the Finance group
  • Excellent command of both written and spoken English language capabilities will be required ideally
  • Ability to multi-task and meet all deadlines
  • Willingness to learn/gain more experience in financial reporting
  • Enjoy having fun at work while maintaining a professional mindset

2

Financial Reporting Analyst Job Description

Job Description Example

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  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our innovative and growing company is looking for a financial reporting analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.

Responsibilities for financial reporting analyst

  • Assist with implementation of policies and procedures to the accounting organization
  • Ad hoc projects as necessary, such as technical accounting issues
  • Ensure completeness and validation of data in our various financial systems (SAP vs
  • Production of accounting schedules and ensure supporting documents
  • Assist with monthly reporting and analysis to senior management and Board of Directors
  • Prepare ad hoc requests for senior management
  • Assist with preparation of quarterly press releases
  • Draft quarterly financial statements and 10-Q reports
  • Draft annual financial statements and 10-K report
  • Complete XBRL tagging for 10-Q and 10-K reports

Qualifications for financial reporting analyst

  • Experience in compiling quarterly/annual reports
  • Demonstrated proficiency in planning, reporting and analysis accounting and finance principles
  • Experience in manufacturing industry or related fields, preferred
  • 6 years of progressive experience with broad finance background that includes financial planning, analysis and modeling, internal management reporting, and profit analysis
  • Experience with managing complex, integrated projects with multiple levels of management
  • Excellent interpersonal skills and the ability to get along with diverse personalities

3

Financial Reporting Analyst Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is growing rapidly and is looking to fill the role of financial reporting analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.

Responsibilities for financial reporting analyst

  • Responsible for the preparation and analysis financial statements in accordance with US GAAP & Local GAAP
  • Support and continually improve the accounting processes which are responsible for complying with the accounting and reporting directives required by the OFM and which support the preparation of the CAFR
  • Focus on continuous process improvement activities related to Financial Accounting and Reporting activities related to Financial Accounting
  • Ensuring financial reporting processes are in compliance with SEC requirements, US GAAP, and company policy
  • Supports international and domestic business units on accounting and reporting issues
  • Helps with difficult U.S. GAAP areas-ie employee benefits
  • Researches new accounting developments
  • Support and continually improve the accounting processes which contribute toward preparation of the GASB-basis UW Financial Report, along with the associated supporting schedules and footnotes
  • Prepare quarterly and yearly disclosure items related to Midstream activities
  • Working closely with other departments in recording and analyzing financial data

Qualifications for financial reporting analyst

  • Familiarity with the company’s operations, financial practices and procedures, corporate policies and instructions
  • Capable of presenting analyses or proposals to senior management, which require solid written and verbal communication skills, the ability to utilize existing financial systems
  • Must be proactive, high energy, detailed-oriented when appropriate, results-oriented, and willing to drive change
  • Well-developed organization skills to manage multiple stakeholders and priorities
  • Continually strive for operational excellence
  • General understanding of private investment legal entities structures

4

Financial Reporting Analyst Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is growing rapidly and is looking to fill the role of financial reporting analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.

Responsibilities for financial reporting analyst

  • Assist in the calculation of non-GAAP measures such as funds from operations ("FFO"), earnings before interest, tax, depreciation and amortization ("EBITDA") and funds available for distribution
  • Liaison with the Commercial Finance personnel within partner businesses to define, obtain and ensure the regular and timely flow of accurate orders, convertible orders and sales data
  • Process manual adjustments to orders, convertible orders and sales transactions that may be requested by the partner businesses
  • Maintain the validity and integrity of the data, and ensure proper records and documentation are maintained for compliance and audit purposes
  • Perform ad-hoc data analysis supporting the marketing, sales operations and commercial risk teams
  • Ensure all delivery and control points conform to established standards and governance, and comply with all legal, regulatory compliance requirements of internal and external reporting guidelines
  • Preparation of daily Financial performance reports
  • Calculate, gather and report relevant key Financial metrics
  • Provides financial advice by studying operational issues
  • Prepares special reports by studying variances

Qualifications for financial reporting analyst

  • Strong Excel and proficiency in Access, Solomon, SQL or similar program
  • 1 year of reporting or auditing experience
  • 1 year of experience working with business intelligence or financial management applications (such as Essbase, PeopleSoft)
  • Intermediate knowledge of GAAP and SEC reporting requirements (CPA or CPA candidate preferred)
  • Bachelor’s Degree or foreign equivalent in Business Administration or related
  • Experience with Global Auditing Methodology

5

Financial Reporting Analyst Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is growing rapidly and is looking to fill the role of financial reporting analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.

Responsibilities for financial reporting analyst

  • Assist with project billing for TQ’s long–term contracts, via the Oracle Project Accounting module, and liaison with Project Managers to ensure billing is accurate and timely
  • Assist with project accounting to ensure payroll and other costs are allocated to the correct projects, and project P&L’s are produced accurately and on-time, and reviewed with project managers
  • Reconcile certain general ledger accounts on a monthly basis
  • Prepare journal entries and supporting documentation as assigned on a timely basis
  • Complete month-end, quarter-end and year-end schedules as needed for annual and interim audits
  • Prepare supporting documentation related to SOX internal controls
  • Contribute to annual SOX testing efforts both internally and with external auditors
  • Assist with financial analysis projects and perform other miscellaneous responsibilities and special projects, as needed
  • Assist in the preparation of financial statements, footnotes to financial statements, MD&A disclosures and related work papers
  • Assist in the calculation of earnings metrics adjusted for comparability, including net income, EBITDA and FFO

Qualifications for financial reporting analyst

  • Experience with IFRS (International Financial Reporting Standards) compliance reviews
  • Experience with financial analysis, US GAAP, IFRS
  • Strong MS Excel experience necessary
  • Demonstrated interpersonal skills, ability to work well with & influence all levels of stakeholders’ abilities, experience effectively managing project teams with formalized methodology, ability to work & lead effectively in a matrixed organization
  • Ability to learn and adapt to new systems and processes quickly
  • Organized with attention to detail and ability to multitask projects in a fast-paced environment

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I am a Candidate

As an expert in financial reporting and analysis, I have a comprehensive understanding of the concepts and requirements associated with the role of a Financial Reporting Analyst. My expertise is rooted in hands-on experience, deep knowledge of Generally Accepted Accounting Principles (GAAP), and familiarity with financial reporting processes.

The article you provided outlines key aspects of the Financial Reporting Analyst role, including job descriptions, qualifications, skills, and examples. Let me break down the information and elaborate on the concepts:

1. Financial Reporting Analyst Job Description:

  • Provides technical accounting guidance to finance teams.
  • Implements GE General Accounting Procedures (GAP/MAP) and GAAP.
  • Manages GL accounting and prepares accounting reports.
  • Offers technical accounting advice to operational area managers.
  • Compiles GAAP-compliant financial statements.

2. Financial Reporting Analyst Qualifications:

  • Education requirements include a relevant degree (e.g., Accounting, Finance, Business).
  • Certifications such as CPA, COSO, MBA, CPE, CIMA, CFA, ACCA, CMA, CGFM, BIE may be preferred.

3. Skills for Financial Reporting Analyst:

  • Desired skills include proficiency in Excel, US GAAP, SAP, and Microsoft Office applications.
  • Experience with stock market practices, data vendor systems, and regulatory reporting is valued.

4. Financial Reporting Analyst Examples:

  • Examples provide detailed responsibilities and qualifications for the role.
  • Emphasizes experience in areas such as banking, accounting issues, financial planning, analysis, and modeling.

5. Additional Qualifications and Responsibilities in Examples:

  • In-depth responsibilities include supporting legal entity structuring, producing consolidated financial statements, and assisting in the calculation of management and incentive fees.
  • Qualifications may include specific years of experience, proficiency in English, and effective communication skills.

6. Emphasis on Continuous Improvement:

  • Several examples highlight a focus on continuous process improvement in financial accounting and reporting activities.

7. Use of Non-GAAP Measures:

  • Some examples mention the calculation of non-GAAP measures, such as FFO and EBITDA.

8. International and Domestic Support:

  • Responsibilities include supporting international and domestic business units on accounting and reporting issues.

9. Use of Various Financial Systems:

  • Qualifications may include experience with financial management applications like Essbase and PeopleSoft.

10. Compliance with Standards:

  • Emphasis on ensuring financial reporting processes comply with SEC requirements, US GAAP, and company policy.

In summary, the role of a Financial Reporting Analyst involves a combination of technical accounting expertise, compliance with standards, proficiency in financial systems, and continuous improvement. The provided examples offer insights into the varied responsibilities and qualifications associated with this critical position in financial reporting and analysis.

Financial Reporting Analyst Job Description (2024)

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