Financial Reporting Manager

The Manager, Financial Reporting & Consolidation is responsible for overseeing the consolidation and financial reporting process across multiple operating banners and entities. This role ensures the completeness, accuracy, and consistency of financial data used for management, statutory, and parent company reporting under U.S. GAAP and IFRS.  The ideal candidate will possess strong technical accounting expertise, proven experience in multi-entity consolidation, and the ability to manage complex reporting workflows within a dynamic, multi-company environment. Reporting directly to the Corporate Controller, this position collaborates closely with PK Retail, accounting leadership, and the corporate finance team to deliver accurate, timely, and insightful consolidated financial results that support executive decision-making and global reporting requirements.

Essential Duties and Responsibilities

Includes the following duties (other duties may be assigned):

Consolidation and Financial Reporting Leadership

• Manage the full financial consolidation process across all business units, banners, and legal entities, ensuring accurate elimination of intercompany transactions and balances.
• Establish and maintain standardized consolidation procedures to ensure consistent application of accounting policies across all subsidiaries.
• Coordinate closely with PK Retail, accounting leadership, and accounting teams to validate trial balances, resolve discrepancies, and ensure accurate entity-level reporting before consolidation.
• Lead the preparation and review of external financial reporting packages, including annual and quarterly financial statements, footnote disclosures, management discussion and analysis, and other reporting requirements.
• Oversee and reconcile intercompany balances and transactions across multiple banners to ensure completeness and accuracy of eliminations.
• Develop and maintain the corporate consolidation model within the company’s ERP or consolidation software (Oracle preferred), ensuring data integrity and accuracy of roll-up structures.
• Identify and resolve consolidation issues, including foreign currency translation, ownership changes, and reclassification adjustments.
• Ensure IFRS-to-GAAP reconciliations accurately reflect consolidated results and align with parent company reporting requirements.
• Partner with the Corporate Controller to analyze consolidated financial results, identify key trends, and communicate findings to leadership.
• Coordinate with legal, tax, treasury, and executive leadership to ensure complete and accurate financial disclosures.
• Provide ad hoc consolidated reporting and scenario analyses to support strategic decision-making.
• Monitor emerging accounting and disclosure requirements and assess impacts to financial reporting.
• Research and evaluate the impact of new accounting pronouncements, including ASC and IFRS updates, and lead implementation efforts.
• Serve as subject matter expert for complex accounting matters, including revenue recognition, leases, business combinations, debt arrangements, and executive compensation packages.
• Research, evaluate, and document complex accounting issues by supporting the design of technical accounting memos and providing guidance in accordance with US GAAP and IFRS.

Reporting and Compliance

• Lead monthly, quarterly, and annual financial close and reporting cycles, ensuring timely delivery of accurate consolidated financial information.
• Prepare consolidated financial statements (P&L, Balance Sheet, and Cash Flow Statement) in accordance with U.S. GAAP and IFRS, including all supporting schedules, eliminations, and disclosures.
• Prepare footnote disclosures, management discussion and analysis (MD&A), and IFRS-related documentation.
• Prepare and maintain disclosure support schedules and reporting documentation to support external reporting requirements.
• Coordinate quarterly disclosure review processes across accounting, FP&A, tax, treasury, legal, and other business stakeholders.
• Collaborate with external auditors during year-end audits, providing consolidated financial statements, schedules, and supporting documentation.
• Partner with Internal Audit to support SOX compliance, testing, remediation activities, and ongoing control enhancements.
• Design, maintain, and monitor internal controls over consolidation and reporting processes to support SOX compliance and internal audit readiness.
• Ensure compliance with all debt covenants and external reporting requirements.

Process Improvement and Systems Development

• Continuously improve consolidation and reporting processes through automation, standardization, and the use of technology.
• Partner with IT and the Accounting Systems team to enhance ERP and automate reporting systems, and ensure data integrity across all entities.
• Develop and document policies, procedures, and training materials related to consolidation and financial reporting.
• Provide technical guidance and mentorship to accounting staff involved in the close and consolidation process.
• Assess financial reporting risks and recommend improvements to processes, controls, and governance to enhance reporting accuracy and reliability.
• Act as the business owner of the consolidation and reporting application design, including reporting structure management.
• Lead system enhancement initiatives to improve reporting efficiency, data quality, and financial insights.

Qualifications

• A bachelor's degree in accounting, finance, or a related field is required; a CPA is strongly preferred.
• Minimum of 6–10 years of progressive accounting or financial reporting experience, with significant exposure to multi-entity or multi-banner consolidation.
• Strong technical knowledge of U.S. GAAP and IFRS, including consolidation principles, foreign currency translation, and intercompany eliminations.
• Experience with ERP and consolidation software (Oracle, Hyperion, OneStream, or similar) required. Oracle experience is strongly preferred.
• Proven ability to manage complex data from multiple business units and produce accurate consolidated results.
• Exceptional analytical and problem-solving skills with strong attention to detail.
• Excellent communication and interpersonal skills; able to collaborate effectively with both accounting and operational teams
• Publicly traded retail, grocery, or consumer goods industry experience preferred but not required

Language Skills

Ability to read, analyze, and interpret general business and technical procedures.  They must also be able to effectively present information and respond to questions from managers, vendors, customers, and employees.

Mathematical Skills

This role must also be able to calculate and analyze concepts such as fractions, percentages, ratios, and proportions in practical situations. Knowledge of complex mathematical theories is required.

Reasoning Abilities

Ability to solve practical problems and deal with various variables with limited standardization. They must be able to interpret instructions furnished in written, oral, diagram, or schedule form.

Physical Demands

The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.

While performing the duties of this job, the employee is regularly required to stand, walk, use hands to finger, handle, or feel objects, tools, or controls, and talk or hear. The Employee frequently is required to reach with hands and arms. The employee is frequently required to sit, stoop, and kneel, and occasionally needs to crouch or crawl. The employee must regularly lift and move up to 10 pounds and often lift or move up to 40 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

The noise level in the work environment is usually quiet.