Sr. Manager, Financial Reporting

CarMax; Richmond (VA); On-site; USD 127,500 - 204,000; Full time

Benefits offered by this job

Paid sick leave

Vacation time

Holiday time

Job summary

CarMax is seeking a Senior Manager, Financial Reporting in Richmond, Virginia, to lead financial reporting processes ensuring compliance with GAAP and SEC requirements. Responsibilities include preparing financial statements, leading a team of associates, and collaborating with various departments.

The ideal candidate should have at least seven years of relevant accounting experience, including significant exposure to SEC reporting. This position offers competitive benefits and a salary range of $127,500 to $204,000.

Qualifications

• Seven or more years of relevant accounting experience, including five in public accounting or corporate financial reporting.
• Three or more years of experience leading teams to achieve common goals.
• Strong accounting skills with knowledge of GAAP, SEC reporting requirements.

Responsibilities

• Lead preparation of financial statements, SEC filings, and earnings releases.
• Direct and develop a team through performance feedback and individual development plans.
• Support external audit processes and review client-prepared schedules.

Skills

Effective judgment on accounting matters

Relationship building

Team leadership

Adaptability to change

Presentation of technical information

Education

Four-year degree in Accounting and/or Finance

Current Certified Public Accountant license

Tools

Microsoft Office (Excel, Word, PowerPoint)

Workiva

Job description

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

About This Job

Senior Manager, Financial Reporting leads the company’s financial reporting processes to ensure financial information is reported in compliance with GAAP and SEC requirements. This position oversees the preparation and analysis of financial information, reviews financial statements, selected reports to senior management, and other analyses prepared by direct reports. It shares subject‑matter expertise with business partners in Accounting and other areas to determine appropriate accounting treatment and disclosures for transactions, supports the development of accounting policies, and implements accounting pronouncements. The Senior Manager works closely with Investor Relations, Legal, Treasury, Tax, Audit Service departments, senior and executive management, and external auditors. The role provides significant exposure to the company’s senior executive team to advise on financial statement disclosure and SEC compliance.

What You Will Do – Essential Responsibilities

• Lead and review the preparation of monthly, quarterly and annual financial statements, SEC filings, earnings releases, and annual proxy statement, including review of supporting documentation
• Review monthly and quarterly financial schedules, analyses and reconciliations; review and approve journal entries
• Participate in and/or lead special projects and meetings
• Participate in and review research on technical issues or developments, and provide subject‑matter expertise in developing accounting policies and implementing new disclosure requirements
• Direct, lead and develop a team of associates through timely performance feedback, file reviews and annual performance reviews; create individual development plans and business objectives to enhance associate growth
• Support the external audit process, including review of client‑prepared schedules for quarterly audit reviews, SOX 404 testing and financial reporting process documentation

Qualifications And Requirements

• Ability to motivate and influence across multiple levels of the organization and challenge upwards appropriately in the best interest of the company
• Ability to evaluate and make effective judgments on complex accounting and SEC reporting matters
• Ability to summarize or present complex and/ or technical information in an easy-to-understand manner
• Ability to build and maintain strong relationships throughout the organization and collaborate with other departments and teams
• Ability to anticipate customer‑specific needs and put forth actions to ensure a seamless customer experience
• Ability to prioritize and lead a team to achieve long‑term and short‑term results
• Ability to develop, execute and adjust a plan with a high degree of independence
• Ability to develop and promote other associates for organizational needs
• Ability to understand latest industry trends and their potential impact for the company
• Ability to act with confidence in the face of unclear or challenging conditions and adapt rapidly to change or unexpected obstacles

Education And/or Experience

• Four‑year degree in Accounting and/or Finance and current Certified Public Accountant license required
• Seven or more years of relevant accounting experience, including five or more years in public accounting (Big 4 firm preferred) and/or corporate financial reporting with significant exposure to SEC reporting requirements
• Three or more years of experience leading teams to achieve common goals, including supervising and developing direct and/or indirect reports
• Strong accounting skills including extensive knowledge of GAAP, SEC reporting requirements and XBRL
• Demonstrated experience preparing, analyzing and reviewing financial statements, notes to financial statements and other supplementary information (e.g., Management’s Discussion & Analysis [MD&A], exhibits, etc.)
• Previous experience with XBRL taxonomy and tagging of financial statements and notes preferred
• Previous project management experience
• Computer skills: Microsoft Office (Excel, Word and PowerPoint), Workiva

Work Authorization

Applicants must be currently authorized to work in the United States on a full‑time basis. Sponsorship will not be considered for this specific role.

Employment

This role will be based out of the CarMax Home Office (Richmond, VA) and associates will work onsite 4 days per week.

Salary

$127,500.00 - $204,000.00

Benefits

CarMax Associates are entitled to paid sick, vacation, holiday time and other benefits as outlined in company policy.

Equal Opportunity Employer Statement

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.