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Richmond, Kentucky, United States
Onsite
CarMax, the way your career should be!
About this job
The Senior Manager, Financial Reporting position leads the Company's financial reporting processes to ensure financial information is reported in compliance with GAAP and SEC requirements. This position will be responsible for overseeing the preparation and analysis of financial information, and reviewing financial statements, selected reports to senior management, and other analyses prepared by direct reports. This position will also share subject matter expertise with business partners in Accounting and other areas of the business to determine appropriate accounting treatment and disclosures for transactions, support the development of accounting policies and interpret and implement accounting pronouncements. The Senior Manager, Financial Reporting will work closely with the Company's Investor Relations, Legal, Treasury, Tax, and Audit Service departments, senior and executive management and external auditors. Due to the nature of these responsibilities, this role has significant exposure to the company’s senior executive team to provide advice and guidance on areas related to 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 various 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 performed related to technical issues or developments and related documentation/memos supporting our conclusions. Provide subject matter expertise in the development of accounting policies and implementation of new accounting and disclosure requirements
Direct, lead and develop a team of associates through timely performance feedback delivered during day-to-day observations, file reviews and an annual performance review. Responsible for creating individual development plans and business objectives designed to enhance and assist associate growth
Support the external audit process, including review of client-prepared schedules for quarterly audit reviews and SOX 404 testing and financial reporting process documentation
Qualifications and Requirements
Ability to motivate and influence across multiple levels of the organization, and willing to challenge upwards appropriately in the best interest of CarMax
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 and support 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 team to achieve long-term and short-term results
Ability to develop, execute and adjust a plan with 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 CarMax
Ability to act with confidence in the face of unclear or challenging conditions; rapidly adapt 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 of experience 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 generally accepted accounting principles (GAAP), SEC reporting requirements and XBRL
Demonstrated experience preparing, analyzing and reviewing financial statements,
notes to financial statements and other supplementary information (i.e., 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
This role will be based out of the CarMax Home Office (Richmond, VA) and associates will work onsite 4 days per week.
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.
About CarMax
CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.
Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.
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.
The annual salary for this position is:
$127,500.00 - $204,000.00May be eligible for bonus and equity.
Benefits:
Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.
Associates that are considered full-time hourly or commission/incentive eligible:
Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.
For more details about benefits, please visit our CarMax Benefits website.
Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.