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Director, Financial Reporting

This is a hybrid position. Work can be done from home and from our office in Santa Monica, CA.

WHO WE'RE LOOKING FOR

The Director, Financial Reporting is responsible for overseeing the preparation and distribution of financial statements in compliance with regulatory requirements and company policies. You will ensure the accuracy and integrity of financial reporting, assist with external audits, and implement best practices in financial disclosure. You have a strong background in GAAP/IFRS, SEC reporting (if applicable), and financial analysis.

WHAT YOU'LL DO

  • Prepare and review financial statements, ensuring compliance with GAAP.
  • Oversee internal financial reporting processes and implement controls to maintain accuracy and efficiency.
  • Collaborate with internal teams to gather financial data and ensure timely reporting.
  • Manage the preparation of quarterly and annual reports.
  • Coordinate with external auditors and regulatory bodies to ensure compliance.
  • Analyze financial performance and trends, providing insights to senior leadership, including Assistant Controller, Controller, and Chief Financial Officer.
  • Ensure compliance with internal policies and other regulatory requirements.
  • Lead process improvements in financial reporting systems and procedures.
  • Provide guidance on new accounting standards and financial reporting regulations.
  • Participate in monthly, quarterly, and year-end closing process including accruals and adjusting journal entries.

SKILLS & EXPERIENCE

  • Bachelor’s degree in accounting or finance. MBA or CPA preferred.
  • 7+ years of experience in financial reporting, accounting and/or auditing roles.
  • Strong knowledge of GAAP.
  • Experience with financial reporting software and ERP systems. 
  • Must have Workday Finance and Accounting experience.
  • Workday Adaptive experience highly preferred.
  • Strong financial modeling, forecasting, and data analytics skills.
  • Proficiency in Excel.
  • Excellent analytical, problem-solving, communication, and leadership abilities.

PHYSICAL DEMANDS FOR CERTAIN ROLES

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally required to stand, walk, and sit for long periods of time, and work at a computer for long periods of time.

SALARY AND BENEFITS

The starting salary for this position is $116,200 to $130,700 per year, benchmarked against industry standards. Salaries for positions required to be in specific geographic locations reflect the corresponding labor market. 
 
The actual offer extended will depend on the candidate's experience, qualifications, and the role's requirements and will include our comprehensive benefits package (with medical, dental, and vision coverage, a 401k match, generous paid time off, and more).
 Click here for an overview of our company benefits.

Explore our career opportunities to join a team that values creativity, innovation, and diversity. 

ABOUT THE RECORDING ACADEMY AND ITS AFFILIATES

RECORDING ACADEMY

The Recording Academy represents the voices of performers, songwriters, producers, engineers, and all music professionals. Dedicated to ensuring the recording arts remain a thriving part of our shared cultural heritage, the Academy honors music's history while investing in its future through the GRAMMY Museum, advocates on behalf of music creators, supports music people in times of need through MusiCares, and celebrates artistic excellence through the GRAMMY Awards—music's only peer-recognized accolade and highest achievement. As the world's leading society of music professionals, we work year-round to foster a more inspiring world for creators.

GRAMMY MUSEUM

The GRAMMY Museum is a nonprofit organization dedicated to celebrating and exploring music from yesterday and today to inspire the music of tomorrow through music preservation, education, exhibitions, and public programming and aims to create a world in which shared love of music sparks curiosity, creativity, and community. Programs include GRAMMY in the Schools education programs that are offered year-round for students, teachers, and schools throughout the United States. 

MUSICARES

A friend and ally of the music community, MusiCares was established by the Recording Academy to safeguard the health and well-being of all music people. A four-star charity and safety net in times of need, MusiCares offers confidential preventative, recovery, and emergency programs to address financial, medical, and personal health issues. Through the generosity of our donors and volunteer professionals, our dedicated team works across the country to ensure the music community has the resources and support it needs.

LATIN RECORDING ACADEMY

The Latin Recording Academy is an international, membership-based organization comprised of Spanish- and Portuguese-speaking recording artists, musicians, songwriters, producers and other creative and technical recording professionals. The organization is dedicated to improving the quality of life and cultural condition for Latin music and its makers. In addition to producing the Latin GRAMMY Awards to honor excellence in the recorded arts and sciences, The Latin Recording Academy provides educational and outreach programs for the Latin music community either directly or through its Latin GRAMMY Cultural Foundation.

LATIN GRAMMY CULTURAL FOUNDATION

The Latin GRAMMY Cultural Foundation is a charitable organization established by the Latin Recording Academy in 2014. The organization is dedicated to creating opportunities for the next generation of Latin music creators through scholarships, educational programs, grants, and access to creators and industry executives.

EQUAL OPPORTUNITY

The Recording Academy, its affiliates, and the music industry have a strong culture of inclusion and respect for everyone. The Recording Academy makes intentional, courageous, and principled decisions for stronger business outcomes and ensures that all creators and professionals live and work in a fair and safe environment. It is the Recording Academy's policy to provide equal employment opportunities for all applicants and employees. The Recording Academy does not discriminate on the basis of race (nor traits historically associated with race, including, but not limited to hair texture and protective hairstyles), color, religion (including religious dress and grooming), creed, sex (including pregnancy, childbirth or related medical conditions), national origin, ancestry, age, physical disability, mental disability, medical condition, family care status, military or veteran status, marital status, sexual orientation, gender, gender identity, gender expression, genetic information or any other characteristic protected by law. The Recording Academy will make reasonable accommodations for qualified individuals with known disabilities unless doing so would result in an undue hardship to the Recording Academy. This policy governs all aspects of employment, including selection, job assignment, compensation, promotion, discipline, termination, access to benefits and training, recruitment, hiring, transfer, and social and recreational programs.

Average salary estimate

$123450 / YEARLY (est.)
min
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$116200K
$130700K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Financial Reporting, GMM Grammy

Join the Recording Academy as a Director of Financial Reporting and immerse yourself in an inspiring environment where music and finance intersect! Based in sunny Santa Monica, CA, this hybrid role allows you to work both remotely and on-site, providing you with the flexibility to suit your lifestyle. In this pivotal position, you’ll be at the helm of financial reporting, overseeing the preparation and distribution of financial statements that adhere to regulatory requirements and internal policies. Expect to collaborate closely with various teams, ensuring the accuracy of financial data while enjoying the benefits of personal growth and process improvement initiatives. Your profound understanding of GAAP/IFRS and experience with SEC reporting are essential as you steer our financial reporting efforts and ensure our integrity in reporting. You’ll also engage directly with auditors and regulatory bodies, providing key insights to senior leadership and driving the evolution of our financial disclosure practices. If you’re a detail-oriented professional with exceptional analytical skills, a mastery of financial modeling, and a passion for the creative industry, this role is tailor-made for you. Join us in celebrating the voices of music creators while making a tangible impact in our organization and the wider music community!

Frequently Asked Questions (FAQs) for Director, Financial Reporting Role at GMM Grammy
What are the main responsibilities of the Director of Financial Reporting at the Recording Academy?

The Director of Financial Reporting at the Recording Academy is primarily responsible for overseeing the preparation and distribution of financial statements that comply with regulatory requirements and company policies. This role entails ensuring accuracy and integrity in financial reporting, managing internal financial reporting processes, and collaborating with various teams to gather necessary financial data. You will also lead the preparation of quarterly and annual reports, coordinate with auditors, analyze financial performance, and provide insights to senior leadership.

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What qualifications are needed for the Director of Financial Reporting position at the Recording Academy?

To qualify for the Director of Financial Reporting at the Recording Academy, candidates should possess a Bachelor’s degree in accounting or finance, with an MBA or CPA preferred. Ideally, you’ll have more than seven years of experience in financial reporting, accounting, or auditing roles, coupled with a strong knowledge of GAAP. Experience with financial reporting software and ERP systems is essential, especially with Workday Finance and Accounting. Proficiency in Excel and strong analytical and problem-solving skills are also critical for success in this role.

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How does the Recording Academy ensure compliance with financial regulations?

The Recording Academy places a strong emphasis on compliance with financial regulations by requiring the Director of Financial Reporting to implement and oversee internal controls designed to maintain accuracy and efficiency in financial reporting processes. This includes coordinating with external auditors and regulatory bodies to address compliance matters, while also staying updated on new accounting standards and financial reporting regulations to ensure adherence and mitigate risk in financial disclosures.

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What skills are essential for the Director of Financial Reporting at the Recording Academy?

Essential skills for the Director of Financial Reporting at the Recording Academy include a deep understanding of GAAP/IFRS, strong financial modeling and forecasting capabilities, along with advanced data analytics proficiency. You’ll also need excellent communication and leadership abilities to collaborate effectively with internal teams and provide guidance on financial reporting initiatives. Additionally, familiarity with financial reporting software like Workday Adaptive is highly preferred.

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What is the salary range for the Director of Financial Reporting at the Recording Academy?

The starting salary for the Director of Financial Reporting at the Recording Academy ranges between $116,200 and $130,700 annually. This compensation is benchmarked against industry standards, reflecting the candidate’s experience and qualifications. The role also comes with a comprehensive benefits package, including medical, dental, and vision coverage, a 401k match, and generous paid time off, ensuring a supportive work environment.

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Common Interview Questions for Director, Financial Reporting
Can you describe your experience with financial reporting?

When answering this question, focus on specific examples from your previous roles where you handled financial reporting tasks. Highlight your familiarity with GAAP and any relevant software you’ve used, including your contributions to preparing financial statements, overseeing reporting processes, and ensuring compliance with regulations.

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How do you ensure the accuracy of financial reports?

Discuss your approach to maintaining accuracy in financial reporting, which may include implementing internal controls, conducting regular audits, and collaborating with various departments to gather data. Providing specific instances where your oversight led to improved accuracy can strengthen your response.

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What strategies do you use for effective financial analysis?

Mention specific strategies you employ for financial analysis, like using data analytics tools, thorough examination of financial models, or trend analysis. You might also want to illustrate how your analyses provided valuable insights to senior leadership and contributed to informed decision-making.

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How do you handle tight deadlines for financial reports?

Explain your time management skills and any processes you have implemented to meet deadlines. Share examples of how you've prioritized tasks, streamlined workflows, or collaborated with teams to ensure punctual and precise financial reporting, especially during peak financial close periods.

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What is your experience with external audits?

Describe your role during past external audits, highlighting how you prepared necessary documentation, coordinated with auditors, and addressed any concerns raised during the process. Emphasize your proactive communication with auditors to foster smooth audits and compliance.

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How do you stay current with changes in financial regulations?

Discuss resources you utilize, such as professional associations, websites, or continuing education courses, to stay informed about financial regulations. Mention how this knowledge has helped your teams adapt quickly to comply with new standards or changes in the accounting landscape.

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Can you provide an example of a financial process improvement you led?

Share a specific instance where you identified an inefficiency in financial reporting and led an initiative that improved the process. Include the outcome and how it positively impacted the organization, emphasizing your leadership and innovative thinking.

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What role does technology play in your financial reporting processes?

Talk about the importance of technology in enhancing the accuracy and efficiency of financial reporting. Provide examples of ERP systems you’ve used, like Workday, and how they have streamlined your financial processes alongside traditional reporting methods.

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How do you approach collaboration with other departments for financial reporting?

Describe your strategy for fostering collaboration across departments, such as setting clear communication protocols or scheduling regular check-ins. Highlight experiences where collaboration led to improved financial outcomes or enhanced reporting accuracy.

Join Rise to see the full answer
What do you see as the biggest challenge in financial reporting today?

Share your perspective on current challenges, which may include increasing regulatory scrutiny or the impact of technology on traditional reporting models. Discuss how you would navigate these challenges and adapt financial practices to ensure compliance and accuracy.

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GMM Grammy is a leading diversified entertainment company in Thailand with holdings in music, television production, radio broadcasting, and live event production. Its music operations include both record production and distribution (anchored by s...

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Full-time, hybrid
DATE POSTED
April 11, 2025

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