Financial Reporting and Regulatory Compliance Manager

Fastenal Company; Winona (MN); On-site; USD 120,000 - 180,000; Full time

Job summary

Fastenal Company in Winona, MN is seeking a Full-time Financial Reporting and Regulatory Compliance Manager to lead a fast-paced team responsible for external financial reporting, regulatory compliance, and analytical processes.

You will own the accuracy and timeliness of SEC filings, coordinate with internal stakeholders, and partner with auditors and investor relations to ensure compliant disclosure and robust accounting policy development.

Qualifications

• Bachelor's degree in accounting or finance is required.
• Minimum 5 years of accounting experience with regulatory reporting.
• Strong US GAAP knowledge and SEC requirements.

Responsibilities

• Direct daily activities of the Financial Reporting and Regulatory Compliance Team.
• Oversee SEC filings (10-Q, 10-K, 8-K) and proxy statements.
• Review financial statements, MD&A and disclosure checklists.
• Own XBRL tagging and EDGAR submissions.
• Coordinate quarterly reporting timelines with governance and auditors.
• Research technical accounting policies and new standards.
• Collaborate with Investor Relations and external auditors.
• Identify process improvements and optimize systems.

Skills

Leadership

Communication

Problem solving

Time management

Attention to detail

Staff coaching

Education

Bachelor's degree in accounting, finance, or related field

Tools

Excel

PeopleSoft

OneStream

Workiva Wdesk

Job description

OVERVIEW

Working as Full-time Financial Reporting and Regulatory Compliance Manager, you will lead a fast-paced team focused on financial reporting, regulatory compliance and analytical processes. In this role, you will own the accuracy and timeliness of our external financial reporting, advise on complex technical accounting matters and partner with internal stakeholders to support the Company's reporting calendar and deliverables.

RESPONSIBILITIES

• Directing the daily activities of the Financial Reporting and Regulatory Compliance Team
• Overseeing the timely and accurate preparation and review of SEC filings, including Forms 10-Q, 10-K and 8-K, the proxy statement (DEF 14A) and news releases
• Reviewing financial statements, footnote disclosures, MD&A and supporting documentation and overseeing the US GAAP and SEC disclosure checklists
• Owning XBRL tagging, taxonomy review and EDGAR submission
• Managing quarterly reporting timelines, corporate governance disclosures and investor relations website updates, coordinating with board members, SEC counsel, external auditors and other service providers
• Researching and documenting technical accounting policies, including the impact of new accounting standards
• Acting as a liaison to the external auditors, including planning and coordinating aspects of quarterly reviews and the annual audit, aligning on scope and timing and driving resolution of technical accounting and disclosure matters
• Partnering with Investor Relations on quarterly earnings releases and investor materials to ensure consistent disclosure and messaging
• Analyzing accounting processes to identify and implement system and procedural efficiencies
• Hiring, coaching and developing team members, including delegating deliverables and preparing staff for future opportunities
• Leading special projects and other tasks as assigned

REQUIRED POSITION QUALIFICATIONS

• Possess a bachelor's degree in accounting, finance, or a related field
• Possess at least 5 years of accounting experience
• Working knowledge of US GAAP, SEC reporting requirements and internal controls over financial reporting
• Prior experience leading a team and managing multiple deliverables against firm deadlines
• Excellent written and oral communication skills
• Proficient using Microsoft Office Suite, with an emphasis on Excel
• Highly motivated and self-directed, with strong problem solving, deductive reasoning and decision-making skills
• Demonstrate strong organization, planning, prioritization skills, with attention to detail and a sense of urgency while managing multiple tasks in a fast-paced environment
• Demonstrate our core values of ambition, innovation, integrity and teamwork
• Pass the required drug screen (applicable in the U.S., Puerto Rico, and Guam ONLY)

PREFERRED POSITION QUALIFICATIONS

• CPA
• Experience in public accounting
• Prior public company external reporting experience, including Forms 10-K, 10-Q, 8-K and XBRL
• Experience using PeopleSoft, OneStream and Workiva Wdesk
• Experience with internal control documentation and testing
• Technical accounting research and policy drafting experience