Director of SEC Reporting

Posted:
8/18/2024, 5:00:00 PM

Location(s):
Wilmington, North Carolina, United States ⋅ North Carolina, United States ⋅ Charlotte, North Carolina, United States ⋅ Durham, North Carolina, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access and technology solutions across more than 20 therapeutic areas. With over 19,000 staff conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.

We are seeking a candidate with experience in SEC reporting and a strong technical accounting background in US GAAP, SOX compliance, and stock-based compensation, along with a solid understanding of M&A, tax and internal audit. Your initial objectives will be to understand our mission, business and strategic goals, develop a relationship with our corporate partners and evaluate our accounting processes to identify opportunities to enhance the way we conduct business.

Role and Responsibilities

  • Drive best practices for external reporting, day-to-day accounting operations and SOX compliance
  • Maintain the quarterly and annual reporting timetable and monitor progress against milestones by providing timely and accurate data and communication
  • Manage the drafting, preparation, tie-outs and financial statement review of quarterly filings, including XBRL, in addition to other public filings, such as registration statements, proxy statements and 8K’s
  • Assist with technical accounting research and analysis of accounting matters, and prepare position memos as needed in cooperation with the Accounting and Controllership team
  • Ensure the establishment of accounting policies and partner with stakeholders to operationalize the procedures with respect to new accounting pronouncements
  • Partner with corporate leaders to implement new reporting requirements including, but not limited, to ESG reporting
  • Assist with the financial statement review and preparation processes
  • Support earnings releases and other investor communications
  • Support business owners and management in the continuous review and monitoring of the enterprise risk management activities
  • Support the Company’s Disclosure Committee to ensure timely and transparent communications to them on external filings and their oversight responsibilities
  • Manage accounting for all equity-based transactions, including stock-based compensation for compliance with ASC 718
  • Assist with evaluating and managing accounting and operating system capabilities for financial reporting as well other key internal processes
  • Provide guidance to finance team members, ensuring transactions are accounted for correctly and documented accordingly
  • Lead various process improvement initiatives to eliminate redundancies and improve efficiency
  • Assist in special accounting and finance projects on an ad-hoc basis
  • Collaborate with FP&A to prepare appropriate commentary or explanations relating to questions from management, budget variances, etc.
  • Supervise, manage and develop accounting staff

Requirements

  • Bachelor or higher degree in accounting or finance
  • A minimum of 10 year’s experience of financial accounting, SEC reporting, technical accounting and/or public accounting
  • A minimum of 3 years leading SEC reporting and technical accounting in a corporate environment
  • CPA and Big Four/National Accounting Firm experience highly preferred
  • Demonstrated knowledge and experience researching and documenting accounting guidance and the accounting treatment of issues
  • Strong critical thinking skills with the ability to identify issues, seek information and impacts, and problem-solve
  • Outstanding organizational and project management skills with experience managing multiple assignments simultaneously while setting and keeping deadlines
  • Excellent interpersonal and presentation skills, including written and verbal communication, especially in developing positions and presenting to management, auditors, and non-accounting stakeholders
  • Demonstrated professional commitment, with a service mindset, initiative, accountability, and ownership of assignments
  • Ability to work independently, with limited required direction and guidance
  • Demonstrated career progression
  • Demonstrate integrity and honesty and model ethical behavior and core values of the company

Pay Range: $180,000-$215,000 base USD

Benefits: All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), Company bonus where applicable.  For more detailed information, please click here. Application deadline: September 15, 2024

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Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit www.fortrea.com.

Fortrea is proud to be an Equal Opportunity Employer:


As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

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