SummaryTootsie Roll Industries, Inc. (the "Company") has been manufacturing iconic confectionary brands such as Tootsie Roll, Tootsie Pops, Blow Pops, Dots, Dubble Bubble, Junior Mints, Andes, and Charleston Chew for over a century. The Company depends on the Financial Reporting Manager for accurate, relevant and timely financial reporting. The Financial Reporting Manager owns the process of compiling the Company's quarterly and annual financial statements filed with the Security Exchange Commission ("SEC") as well as processes to prepare monthly internal management reporting information. The role is the origination point for the Company's consolidated financial reporting and presents a unique opportunity to own an entire vertical with broad visibility especially with the C-Suite and significant shareholders.The Financial Reporting Manager must be able to adhere to internal and external deadlines while incorporating input from multiple sources. It is important to cultivate strong relationships with internal stakeholders to know what questions have not been asked and to collaborate with cross-functional teams to efficiently gather necessary information. The successful candidate will pull from a strong finance and accounting background to optimize processes, implement best practices and ensure the integrity and utility of the financial information generated while building an ability to distill the reported results in order to identify opportunities to improve financial performance. The right candidate will be instrumental in molding the future of the Company's Corporate finance function as a trusted advisor to management supported by a culture based on tradition, respect and trust.ROLE RESPONSIBILITIES & HIGHLIGHTSInternal ReportingSubject matter expert on the Company's structured data for financial reporting purposes; ability to clarify and tailor reported results for internal cross-functional stakeholders including executives.Owns the author role for all consolidated internal reporting out of Hyperion FCC Cloud and an expert user of Oracle's various reporting tools to ensure both the integrity and timeliness of internal reporting.Author and compile the financial reports used in the monthly CFO reporting package provided to leadership and the board; draft the discussion included in the reporting package for review by the CFO.Record journal entries and reconcile balances related to certain isolated information flows including presentation of rents and royalties, transactions affecting equity, insurance, workers' compensation obligations, etc.Responsible for the accounting and reporting of the Company's significant investment portfolio.The scope and depth of managed information along with access to the Company's Business Intelligence tools presents the opportunity to add additional untapped value through brand, channel, and customer profitability analyses as well as for data mining to identify trends underlying the Company's formal financial statements.External ReportingOwn the quarterly SEC reporting process from draft through review to audit and filing of the Company's Form 10-Q and 10-K reports, 8-K issuances, and the annual Proxy statement.Prepare the Company's Consolidated Statement of Cash Flows and own any adjustments bridging management reporting to US GAAP reporting as presented in SEC filings.Provide auditors information upon request most notably providing support as needed for footnotes and financial information included in the required management discussion and analysis provided within SEC filings.Own and leverage the relationship with the Company's publisher, Toppan Merrill ("Merrill"), to prepare and file the Company's SEC filings including coordinating Merrill's iXBRL tagging services; an expert user of Merrill's Microsoft Office "Bridge" platform for all EDGAR submissions.Responsible for compliance with the Company's accounting and reporting policies in line with US Generally Accepted Accounting Principles ("US GAAP") and in accordance with the Company's framework of internal control over financial reporting under section 404 of the Sarbanes Oxley Act ("SOX").ORGANIZATIONAL STRUCTUREReports to the Corporate Controller as a key member of the Corporate Accounting TeamIndividual contributor as one of five team members that comprise the Corporate Controllership; no direct reportsSKILLSMinimum 10 years of experience with US GAAP financial reporting and or public accounting; minimum 3 years of SEC reporting experience requiredBachelor's Degree from a nationally recognized university in accounting or equivalent requiredCPA and or public accounting experience a plusOracle Financials (or similar large ERP system, e.g. SAP) experience highly desirableStrong Microsoft office skillsSOFTWARE INFORMATION SYSTEMSHyperion FCC consolidation and reporting softwareOracle ERP SoftwareEDGAR Toppan Merrill "Bridge"Microsoft Office (MS Word, Excel and PowerPoint)Oracle Business Intelligence
Job Title
Financial Reporting Manager