Senior Manager, Financial Reporting

NASCAR   •  

Daytona Beach, FL

8 - 10 years

Posted 179 days ago

This job is no longer available.

ID 2018-1900

Company Overview

The National Association for Stock Car Auto Racing, Inc. (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States. NASCAR consists of three national series (Monster Energy NASCAR Cup Series™, NASCAR XFINITY Series™, and NASCAR Camping World Truck Series™), four regional series, one local grassroots series and three international series. NASCAR is a company driven by technology and innovation, both of which are central to competition and are at the core of our sport.  The sport’s impact is demonstrated with a strong corporate and media footprint. In 2017, more than 1 in 4 (28%) FORTUNE 500 companies continue to invest in NASCAR; while 58 million unique TV viewers, 55 million unique visitors to NASCAR’s in-house operated digital properties and 12 million followers on social platforms consume the sport at home. The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. Based in Daytona Beach, Fla., with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information visit http://www.NASCAR.com and http://www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat (‘NASCAR’).

Job Description

We are looking for a Senior Manager, Financial Reporting to join our Finance team in NASCAR’s Daytona Beach, FL office. This position is responsible for managing the consolidation and financial reportingprocesses as well as solving complex accounting and process issues. This role is also responsible for fixed asset accounting and reporting.

 

 Responsibilities include, but are not limited to the following:

Manage all aspects of the external financial statement process which includes:

  • Identification of intercompany transactions that are required to be eliminated
  • Determine appropriate reclassifications required for proper financial statement presentation
  • Consolidation of financial results and preparation all requiredfinancial statements (P&L, balance sheet, cash flow, equity) in accordance with generally accepted accounting principles
  • Manage requests and changes to chart of account to ensure proper alignment with reporting

Develop reporting to facilitate timely and accurate financial reporting and analysis

 

Review financial statement variances on a financial statement and individual account basis. Provide explanations to management for fluctuations compared to prior year and budget/forecast

 

Manage fixed asset accounting to include the following:

  • Review monthly reporting associated with additions, disposals, sales and assets lives to ensure appropriate accounting
  • Review classification of expenditures as capital or operating
  • Review of monthly capital reporting
  • Regular capital meetings with project managers to update capital projects and forecast
  • Oversee depreciation budget and forecast process

 

Participate in the accounting research for new transactions and determines the initial and recurring accounting related to transaction

 

Manages the audit and interface with auditors related to financial statement matters. Assists in preparation and review of the audited financial statements and related footnotes in accordance with audit requirements

 

Identify continuous improvement initiatives and implements solutions. Must be able to effectively manage projects

 

Qualifications include the following:

 Master of Science in Accounting and a minimum of 7 years accounting experience. At least 3 years public accounting experience is highly preferred.

  • CPA or CPA eligible candidate required
  • Must have strong knowledge of generally accepted accounting principles including consolidations and eliminations
  • Must have experience with financial reporting systems. Strong knowledge of Microsoft office products with advance knowledge of excel is required
  • Must have a strong work ethic, positive attitude, ability to multi-task and work under pressure with tight deadlines
  • Strong oral and written communication skills