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Financial Reporting Manager - San Francisco

Recursion is seeking a Financial Reporting Manager to facilitate financial reporting processes and complex accounting tasks, reporting to senior leaders and ensuring compliance with U.S. GAAP and SEC regulations.

Skills

  • Strong SEC reporting experience
  • Technical accounting knowledge
  • Proficiency in Microsoft Office and ERP applications

Responsibilities

  • Prepare SEC annual and quarterly filings
  • Own complex accounting processes
  • Perform technical accounting research
  • Assist with Sarbanes-Oxley compliance
  • Interface with finance teams and external auditors
  • Stay current on technical accounting matters

Education

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

Benefits

  • Bonuses and equity compensation
  • Comprehensive benefits package
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 - San Francisco, Recursion

Join Recursion as a Financial Reporting Manager and be part of a team that's dedicated to changing lives, including your own! In this remote role based in San Francisco, you'll be at the forefront of our financial reporting process, collaborating closely with senior leaders and driving complex accounting tasks. Imagine preparing SEC 10-K and 10-Q filings and ensuring that all reporting adheres to U.S. GAAP and SEC regulations. You'll own our intricate accounting processes, tackling everything from revenue to stock-based compensation and leases. Your expertise will be essential as you perform technical research for highly complex transactions and prepare for any new accounting standards. Beyond that, you'll engage with various teams, ensuring that our financial reporting is accurate and timely, all while championing improvement initiatives. Be a part of a place where your work truly matters, and every effort counts towards our mission. With the potential for hybrid work and the backing of an inclusive company culture, this is the opportunity you’ve been looking for at Recursion. Let's redefine the future of medicine together!

Frequently Asked Questions (FAQs) for Financial Reporting Manager - San Francisco Role at Recursion
What qualifications are needed for the Financial Reporting Manager position at Recursion?

To qualify for the Financial Reporting Manager role at Recursion, candidates should possess a Bachelor's or Master's degree in Accounting. An active CPA certification is preferred, alongside at least 5 years of experience, ideally from a Big Four public accounting firm or a combination of public accounting and multinational company experience. Strong technical accounting knowledge, particularly in SEC reporting and U.S. GAAP, is essential for this position.

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

As a Financial Reporting Manager at Recursion, you'll oversee the preparation of SEC filings, including 10-K and 10-Q reports. You'll handle complex accounting processes, perform technical research on accounting matters, and implement new accounting standards. Engaging with internal and external stakeholders, you'll ensure compliance with financial reporting regulations while improving overall efficiency and accuracy.

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

The Financial Reporting Manager role at Recursion is mainly remote, with the flexibility to work from San Francisco or other locations. The culture emphasizes team collaboration, learning from one another, and delivering high-quality results, all while fostering an inclusive and supportive workplace that values diverse perspectives.

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What opportunities does Recursion offer for career growth in the Financial Reporting Manager position?

Recursion is committed to the personal and professional growth of its employees. As a Financial Reporting Manager, you will have access to ongoing training, professional development opportunities, and mentorship from experienced leaders within the financial team. Engaging in cross-functional projects will also help you expand your skills and network within the company.

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How does Recursion support work-life balance for employees in the Financial Reporting Manager role?

Recursion understands the importance of work-life balance, especially in a remote role like the Financial Reporting Manager. The company encourages flexible working hours, regular check-ins to manage workloads, and the opportunity to participate in virtual team-building activities, ensuring you remain engaged and supported in your work and personal life.

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What technologies and tools will the Financial Reporting Manager use at Recursion?

In the role of Financial Reporting Manager at Recursion, you'll be using a variety of tools, including Microsoft Office Suite for reporting tasks, ERP applications for general ledger management, and financial reporting platforms such as Workiva. Familiarity with these technologies will enhance your efficiency in preparing complex financial reports and managing data effectively.

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What sets Recursion apart as an employer for Financial Reporting Manager candidates?

Recursion stands out as an employer through its commitment to innovation in the TechBio sector and its focus on employee values. The company's culture prioritizes care, collaboration, and integrity, allowing Financial Reporting Managers to feel valued for their contributions while working on groundbreaking projects that positively impact healthcare and the drug discovery process.

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Common Interview Questions for Financial Reporting Manager - San Francisco
Can you explain the importance of SEC filings in the Financial Reporting Manager role?

SEC filings are crucial as they ensure that the company remains compliant with legal and regulatory requirements regarding financial disclosures. A strong response should highlight your understanding of U.S. GAAP and SEC regulations, along with your experience in preparing accurate financial statements.

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How do you approach technical accounting research for complex transactions?

When conducting technical accounting research, it's vital to begin by thoroughly understanding the transaction at hand. Discuss your methodology for analyzing existing regulations, consulting authoritative literature, and applying your findings to the specific circumstances, ensuring compliance with the relevant accounting standards.

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What strategies do you use to ensure accuracy in financial reporting?

To ensure accuracy in financial reporting, I employ a multi-step review process. This includes cross-checking figures, collaborating with team members for different perspectives, and using automated tools to minimize human error. Share any relevant experiences that demonstrate your commitment to accuracy and efficiency.

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How would you manage tight deadlines during the reporting periods?

Managing tight deadlines requires effective prioritization and communication. I generally create a timeline for tasks, ensuring that I allocate adequate time for each step of the reporting process. I also emphasize teamwork, as collaborating with colleagues can lead to shared responsibilities and better results under pressure.

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How do you stay updated on changes in accounting standards and regulations?

Staying updated on accounting standards is vital. I regularly attend webinars, participate in industry forums, and subscribe to relevant newsletters. Discussing changes with colleagues and participating in professional organizations are also beneficial for ensuring that my knowledge is current and applicable.

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Can you describe a challenging financial reporting project you've managed?

Share a specific challenge you've faced, detailing the complexity of the project, how you approached problem-solving, and the positive outcome. Highlight your problem-solving skills, communication with stakeholders, and the impact your efforts had on the final results.

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What experience do you have with cross-functional collaboration?

Cross-functional collaboration is essential for a Financial Reporting Manager. Be sure to explain your approach to working effectively with various teams, sharing how you facilitated communication between finance, legal, and tax departments, while also fostering a spirit of cooperation to achieve common goals.

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How do you handle discrepancies in financial data?

Handling discrepancies in financial data requires a systematic approach. I investigate discrepancies by tracing the data back to its source, consulting with relevant team members, and identifying whether the error is systematic or isolated. It's crucial to implement corrective actions and improve processes to prevent future occurrences.

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Describe how you would prepare for an annual audit.

Preparing for an annual audit involves meticulous organization and communication. I review last year’s audit findings, ensure that all documentation is up-to-date, and collaborate with team members to verify data accuracy. Proactively communicating with auditors can also help address concerns before they arise.

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What is your experience with Sarbanes-Oxley compliance?

In your response, emphasize your familiarity with SOX compliance requirements, including the processes and controls you've implemented in previous positions. Share specific examples of how you've ensured compliance and helped your organization navigate the regulations effectively.

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Decoding Biology to Radically Improve Lives

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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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