The director of financial reporting must have advanced knowledge and understanding of GAAP, SEC reporting requirements and financial statement analysis. Companies expect candidates for this job to have a CPA, a bachelor’s degree in accounting, finance or business, and at least eight years of experience. Top candidates have experience in public accounting and SEC reporting. Strong analytical, critical thinking, and verbal, writing and interpersonal skills are crucial to the position, as is the ability to interact with all levels of corporate and divisional management.
Typical director of financial reporting duties:
Preparing, analyzing and reviewing quarterly and annual financial statements, footnotes, and management discussion and analysisPerforming technical accounting research as required, including on accounting pronouncements, and meeting with divisional controllers on accounting and financial reporting issuesPreparing all GAAP and SEC financial reporting, including supporting documentsEnsuring compliance related to financial reporting and disclosure requirementsSupervising, training and mentoring staff with duties related to corporate accounting and reportingCommunicating regularly with management and business units
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Salary for Director of Financial Reporting in Detroit, MI
125500 -
181250
25th percentile
125500
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
157750
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
181250
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
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