Director of Financial Reporting

Our client is a growing financial institution based in the DC area. They're currently seeking a Director of Financial Reporting to join their Finance Division.

RESPONSIBILITIES:

Oversight of Public Filings: Manage the preparation and submission of the Company’s public filings with the SEC, including Form 10-Q, Form 10-K, and other relevant reports. Ensure compliance with all regulatory requirements and deadlines.

Federal Reserve Reporting: Oversee the timely and accurate reporting of bank call reports (FFIEC 041), FR Y-9C, and FR Y-9LP to the Federal Reserve.

Team Leadership: Direct and lead a team responsible for regulatory reporting. Provide guidance, mentorship, and performance management.

Collaboration: Work closely with the CFO, CAO, CLO, and disclosure counsel to align reporting efforts with overall business strategy and financial goals.

Strategic Planning: Develop functional strategies and specific objectives related to regulatory reporting. Identify areas for improvement and implement process enhancements.

Policy Development: Create and maintain policies and procedures to support the functional infrastructure. Ensure adherence to internal controls and regulatory guidelines.

Risk Management: Mitigate risks associated with reporting inaccuracies or non-compliance. Implement controls to safeguard data integrity. Support the review process conducted by oversight functions such as internal and external audit.

Training and Compliance: Ensure staff members receive necessary training on reporting requirements. Foster a culture of compliance within the team.

External Relationships: Manage relationships with external auditors, internal auditors, risk management, regulatory agencies, and other stakeholders involved in reporting processes.

Perform other duties as assigned or required.

Requirements:

Bachelor’s Degree in economics, finance, accounting, or related field.

Knowledge of SEC reporting requirements and solid understanding of principles of US GAAP and financial reporting.

Knowledge of FFIEC 041, FR Y-9C, FR Y-9LP reporting requirements.

8 years of progressive management responsibility with specific experience for regulatory reporting in a public accounting firm or a large publicly traded company.

Experience with leading a team, with a track record of identifying potential in candidates and creating a positive and supportive learning environment.

Ability to cultivate effective relationships and communicate effectively with executive and senior management.

Ability to meet deadlines and work with no supervision; manages time for high productivity and allocates resources to match production needs.

Strong analytical and quantitative skills.

Strong written and verbal communication skills.

Ability to handle multiple tasks in a fast-paced environment.