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Financial Reporting Manager

The Manager of Financial Reporting and SOX will play an important role in the financial reporting team and assist in various aspects of external SEC reporting, technical accounting, and SOX matters. The role requires a solid understanding of US GAAP and SEC financial reporting requirements and the ability to communicate technical accounting positions to our financial executives and auditors. The Manager of Financial Reporting and SOX will have two direct reports and be reporting directly to the Senior Director, Financial Reporting.The position is based in our Duluth, GA office and a hybrid work arrangement (one to two days per week remote) provides the opportunity to interact with senior and executive management on a regular basis. Asbury is relocating its corporate headquarters to Sandy Springs, GA in Fall of 2025. Upon completion of our headquarters’ relocation, the Manager of Financial Reporting and SOX will be based in our Sandy Springs, GA office.Job Responsibilities:Assist in the preparation of quarterly and annual SEC filings and related earnings releases, including preparation and review of supporting work papers.Assist with the preparation of all special financial statement requirements (8-K, debt offerings, equity offerings, etc.).Research and document the Company’s position on technical accounting matters.Assist in the adoption of new accounting standards.Assist with the accounting for acquisitions and divestitures.Support Sarbanes-Oxley requirements with a focus on identifying key risks and ensuring that adequate controls are in place· Support quarterly reviews and the annual audit by our external audit firm.· Monitor technical developments (SEC and FASB), including interpreting requirements and developing an implementation plan to meet those requirements.Prepare the Company’s cash flow statement each quarterly reporting period.Manage the lease certification process and maintain our lease management software (LeaseQuery), prepare monthly lease related journal entries and annual disclosures.Assist the Director of Financial Reporting with equity, stock compensation, interest rate swaps, investments, revenue recognition and other accounting matters.Assist the Director of Financial Reporting with the annual impairment testing of the Company’s goodwill and franchise rights intangible assets.Prepare work papers supporting key monthly close process and analyses.Maintain the Company’s Policies & Procedures manual and delegation of authority matrix.Oversee XBRL tagging of required SEC filings for completeness and accuracy.Education:BS in Accounting and/or Master of AccountancyCPA is requiredExperience:4-6 years of recent public accounting experience with a track record of increasing responsibilityExperience with financial reporting of SEC registrantsExperience with Workiva or OneStream a plusBig Four experience preferredSkills / Characteristics:The highest ethical standardsExcellent analytical, organizational and leadership skillsStrong written and verbal communication skills – able to discuss issues at all levels of the organizationAbility to both lead and work as a member of a teamDeep and broad knowledge of US GAAP accounting and SEC financial reporting rulesA strong work ethic and ability to work in a collegial work environmentPay and Recognition:Weekly payPaid holidays & paid time offDeferred Holiday Pay MatchPaid trainingStock Awards (select management and front-line team member’s eligible)Insurance / Retirement:Insurance: medical, vision, dental, accident, critical illness and hospital indemnity plansUp to 12 weeks paid pregnancy leave (disability leave)Paid Parental LeaveHealth savingsFlex spending accounts (tax free)Short-term and Long-term disability plansLife Insurance (Whole Life and Term)401k with company matchLearning, Tuition Assistance and Career Development:Digital career path tool to assist with career developmentContinuous training through Asbury's Internal Learning Management SystemProfessional growth and development opportunities Additional advantages:Student loan relief resourcesEmployee assistance programEmployee discounts on parts and service repairsScholarship awardsOpportunities to join our community service initiatives, which includes paid volunteer hoursAggressive Employee referral program with bonus opportunitiesINDMANAGER
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CEO of Asbury Automotive
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David Hult
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What You Should Know About Financial Reporting Manager, Asbury Automotive

If you’re on the hunt for an exciting opportunity, look no further than the Financial Reporting Manager position at Asbury in Duluth, GA! In this pivotal role, you will become an integral part of our financial reporting team, diving into a range of essential tasks like external SEC reporting and SOX compliance. You’ll get to flex your expertise in US GAAP and SEC financial requirements while working closely with our financial executives. As a Financial Reporting Manager, you will lead two direct reports and report directly to the Senior Director of Financial Reporting. There’s a great hybrid work option too, allowing you to work remotely one to two days a week. Regular interactions with senior management will give you the exposure needed to shine in this role. Asbury is moving its corporate headquarters to Sandy Springs in Fall 2025, so you’ll eventually transition to that office setup. Your responsibilities will include preparing important SEC filings, managing lease certifications, supporting annual audits, and staying updated on technical developments in the industry. To succeed, you should have a strong background in public accounting, ideally with some Big Four experience. If you have a BS in Accounting or a Master of Accountancy and are a CPA, you’ll be a perfect fit. Join us at Asbury and enjoy a variety of benefits, including weekly pay, paid holidays, employee discounts, and professional development opportunities. Want to build your career while making a difference? Apply today and join our dynamic team!

Frequently Asked Questions (FAQs) for Financial Reporting Manager Role at Asbury Automotive
What are the responsibilities of a Financial Reporting Manager at Asbury?

As the Financial Reporting Manager at Asbury, your responsibilities include assisting in the preparation of SEC filings, managing lease certifications, supporting audits, and ensuring compliance with Sarbanes-Oxley regulations. You'll also lead a small team, research technical accounting matters, and assist in the adoption of new accounting standards.

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What qualifications do I need to become a Financial Reporting Manager at Asbury?

To qualify for the Financial Reporting Manager position at Asbury, you should hold a BS in Accounting or a Master of Accountancy, alongside a CPA certification. Additionally, having 4-6 years of public accounting experience, particularly with SEC registrants, is vital for success in this role.

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What skills are essential for a Financial Reporting Manager at Asbury?

A successful Financial Reporting Manager at Asbury will possess excellent analytical, organizational, and leadership skills. Strong written and verbal communication abilities are crucial, as you'll be discussing complex accounting concepts with executives. Additionally, a deep understanding of US GAAP and SEC regulations is required.

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What work environment can I expect as a Financial Reporting Manager at Asbury?

Asbury offers a hybrid work environment for the Financial Reporting Manager role, allowing you to work one to two days remotely per week. This arrangement fosters regular interaction with executive management while providing flexibility in your work-life balance.

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What career development opportunities are available for Financial Reporting Managers at Asbury?

At Asbury, we promote continuous professional growth for Financial Reporting Managers through our Internal Learning Management System, career development tools, and opportunities to participate in community service initiatives. We value investing in our employees' future success.

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Common Interview Questions for Financial Reporting Manager
Can you describe your experience with SEC filings?

When answering this question, focus on your hands-on experience with preparing SEC filings, including any specific documents you’ve worked on, such as 10-Qs or 10-Ks. Highlight your understanding of SEC regulations and your attention to detail, as well as your ability to work under tight deadlines.

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How do you ensure compliance with Sarbanes-Oxley requirements?

In your response, emphasize your experience in identifying key risks and implementing adequate controls. Discuss any processes you’ve established to document your compliance efforts and ensure thorough communication across teams.

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What steps do you take to research and document technical accounting matters?

When preparing your answer, describe your research methods, such as reviewing authoritative literature, consulting with colleagues, or utilizing industry resources. Mention how you document your findings and communicate them effectively to stakeholders.

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How do you approach managing and mentoring your team?

To answer this question effectively, discuss your leadership style and how you support your team’s professional development. Mention any strategies you’ve employed to foster teamwork, encourage open communication, and set clear performance expectations.

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Describe your experience with financial statement preparation.

In your response, provide specific examples of financial statements you’ve prepared and any roles you’ve played in the reporting process. Talk about your familiarity with best practices and how you ensure accuracy and compliance throughout.

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How do you stay updated on changes to accounting standards?

Discuss your commitment to ongoing education by mentioning the resources you rely on, such as industry publications, webinars, or professional organizations. Emphasize the importance of staying informed and how it enables you to implement necessary changes proactively.

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Can you give an example of a challenging accounting issue you encountered and how you resolved it?

Provide a specific example of a complex accounting problem you faced, detailing the steps you took to resolve it and the outcome. Focus on your critical thinking and analytical skills, and how you collaborate with others to reach a solution.

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What experience do you have with XBRL tagging?

When addressing this question, share your practical experience with XBRL tagging and any specific software you’ve used. Highlight the importance of accuracy in reporting and your attention to detail during this process to ensure compliance with SEC requirements.

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How do you manage tight deadlines during quarterly closings?

Explain your time management strategies while discussing your ability to prioritize tasks effectively, coordinate with different teams, and maintain clear communication to ensure timely completion of the reporting process during high-pressure situations.

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What motivates you to pursue a role in financial reporting?

Share your passion for financial reporting, detailing how it allows you to combine your analytical skills with your desire to provide clarity and transparency in financial communication. Discuss how this drives you to excel in your work and contribute to the organization's success.

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Full-time, hybrid
DATE POSTED
April 23, 2025

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