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Financial Reporting Manager

Recursion is seeking a Financial Reporting Manager, who will play a crucial role in the company's financial reporting process and complex accounting operations, with visibility to senior leaders. This position will require strong SEC reporting and technical accounting experience, ideally with a background in the pharmaceutical or biotech industry.

Skills

  • Strong understanding of U.S. GAAP
  • Experience with SEC reporting and SOX compliance
  • Proficient in Microsoft Office and financial reporting tools

Responsibilities

  • Prepare SEC annual and quarterly filings (10-K/10-Q)
  • Oversee complex accounting processes such as revenue and stock-based compensation
  • Conduct technical accounting research
  • Assist with Sarbanes-Oxley compliance processes
  • Collaborate with various internal and external groups like auditors and legal
  • Develop and implement initiatives to improve financial reporting efficiency

Education

  • Bachelor's or Master's degree in Accounting
  • Active CPA certification preferred

Benefits

  • Bonuses and equity compensation
  • Comprehensive benefits package for U.S. based candidates
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$127000 / YEARLY (est.)
min
max
$114000K
$140000K

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 Financial Reporting Manager, Recursion

Join Recursion as a Financial Reporting Manager in Salt Lake City, Utah, where your work will change lives, including your own! As an integral part of our team, you will facilitate the efficient completion of our financial reporting process and complex accounting tasks, all while gaining visibility with senior leaders. You’ll take the lead on preparing our SEC annual and quarterly 10-K and 10-Q filings, ensuring compliance with U.S. GAAP and SEC regulations. With a focus on critical accounting processes like revenue recognition and stock-based compensation, you’ll be at the forefront of our technical accounting research and will help implement new accounting standards. Collaboration is key, as you will interface with finance leadership, public accountants, and legal teams, ensuring we maintain compliance with Sarbanes-Oxley requirements. We value continuous learning, and you will have the opportunity to stay updated on technical accounting matters while developing initiatives that enhance the efficiency and accuracy of reporting. With at least five years of relevant experience, preferably in the pharmaceutical or biotech industry, your expertise will be valued, and your contributions will help drive Recursion's success. Together, we will make an impact and advance the future of medicine in an exciting, innovative environment. Ready to take the leap? Join us today!

Frequently Asked Questions (FAQs) for Financial Reporting Manager Role at Recursion
What does the Financial Reporting Manager do at Recursion?

The Financial Reporting Manager at Recursion plays a pivotal role in overseeing the accurate and timely preparation of all financial reporting, including SEC filings like the 10-K and 10-Q. They ensure compliance with U.S. GAAP and SEC regulations, manage complex accounting processes, and interface with various stakeholders to maintain high standards of regulatory compliance.

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What qualifications are needed to become a Financial Reporting Manager at Recursion?

To become a Financial Reporting Manager at Recursion, candidates typically need a bachelor's or master's degree in Accounting, along with an active CPA certification preferred. A minimum of five years of relevant experience in public accounting, especially in the pharmaceutical or biotech industry, is important, along with strong expertise in SEC reporting and technical accounting.

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What is the work environment like at Recursion for a Financial Reporting Manager?

Recursion fosters a collaborative, innovative work environment where Financial Reporting Managers work closely with finance leaders, external auditors, and various departments. Employees can expect a supportive culture that emphasizes learning, integrity, and teamwork, all while contributing to impactful projects that advance drug discovery and healthcare.

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How does Recursion support work-life balance for Financial Reporting Managers?

Recursion understands the importance of work-life balance and offers flexible work arrangements, including hybrid options for those outside Salt Lake City. The company encourages regular on-site visits while allowing employees to manage their schedules effectively to maintain their personal and professional lives.

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What is the expected salary range for a Financial Reporting Manager at Recursion?

The estimated annual base salary for a Financial Reporting Manager at Recursion ranges from $114,000 to $140,000, depending on experience and skills. In addition to the base salary, employees are eligible for bonuses, equity compensation, and a comprehensive benefits package to support their overall well-being.

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What values drive Recursion and the Financial Reporting Manager role?

Recursion operates on core values that emphasize caring, learning, high delivery expectations, boldness with integrity, and teamwork. The Financial Reporting Manager is expected to embody these values as they progress in their role, making every effort to impact the company and the community positively.

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What are the main responsibilities of a Financial Reporting Manager at Recursion?

The Financial Reporting Manager's responsibilities include preparing SEC filings, managing complex accounting processes, conducting technical accounting research, ensuring Sarbanes-Oxley compliance, and developing efficiency initiatives for financial reporting. This role requires a proactive approach to handle new accounting standards and collaborations with several departments.

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

In answering this question, highlight your specific experience with preparing SEC filings like 10-K and 10-Q, the processes you followed, and any systems you utilized. Discuss challenges faced and how you ensured compliance with regulatory requirements.

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How do you stay updated with the latest accounting standards?

Discuss your strategies for staying informed, such as attending webinars, participating in professional groups, or subscribing to accounting publications. Mention specific standards you have recently learned about and their relevance to your role as a Financial Reporting Manager.

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What’s your approach to managing complex accounting transactions?

Explain your methodology, including conducting thorough research, collaborating with stakeholders, and applying relevant accounting standards. Use examples of past complex transactions you've handled and how you ensured accuracy.

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How would you ensure compliance with Sarbanes-Oxley regulations?

To answer this question, share your understanding of SOX 404b compliance, and explain your past experiences managing compliance processes, including the steps you took to establish and monitor controls, and how you prepared for audits.

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Can you give an example of a successful initiative you implemented to improve financial reporting?

Provide a specific example of a project where you identified areas needing improvement, designed a solution, and successfully implemented it. Discuss the impact it had on the team's efficiency or accuracy in financial reporting.

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What software or tools have you used for financial reporting?

List the financial reporting tools and software you’re familiar with, such as ERP systems or specialized reporting tools like Workiva. Discuss how you leveraged these tools to enhance reporting accuracy or streamline processes.

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Describe how you handle tight deadlines in financial reporting.

Explain your time management techniques, how you prioritize tasks, and any tools you use to ensure timely reporting. Share a relevant experience where you successfully met a deadline and what you learned from it.

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What role do you think collaboration plays in financial reporting?

Discuss the importance of working closely with cross-functional teams — finance, legal, tax, and external auditors. Highlight your collaborative experiences and how communication and teamwork contribute to effective financial reporting.

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Can you share an experience where you had to conduct technical accounting research?

Describe a specific instance where you needed to perform technical accounting research. Discuss how you gathered information, the conclusions you reached, and how it affected financial reporting decisions.

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Why do you want to work as a Financial Reporting Manager at Recursion?

Share your motivation for joining Recursion, such as valuing the company's mission, culture, or opportunities for growth. Align your career goals with the company's impact on drug discovery and innovation in the biotechnology space.

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Decoding Biology to Radically Improve Lives

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
SALARY RANGE
$114,000/yr - $140,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 27, 2024

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