Director of Financial Reporting

Company Information: Wilks Brothers, LLC is a multifaceted, family-based partnership headquartered in Cisco, Texas with employees working in offices in Cisco, Willow Park, Fort Worth, Houston, and beyond. We invest in relationships and recognize the value in people, communities, and businesses. Our customers are not a number; they are a name, a family member, a friend. In the good times and in difficult times we treat them all equally – exactly how we want to be treated.

We believe that business is not just about profit – it is personal too. At Wilks Brothers, we respect the people that make our business grow: our employees and our customers. Our goal is to develop mutually beneficial partnerships utilizing our core values of:

Faith, Integrity, Team, Growth and Loyalty.

This position will be on site at our facility located in:
Fort Worth, TX.

We do not offer visa sponsorship for this position.

Position Summary
:
The Director of Financial Reporting is responsible for overseeing the organization's consolidated financial reporting and ensuring compliance with U.S. GAAP and other applicable accounting requirements. Reporting to the Vice President of Accounting and Finance, this role leads the preparation and coordination of internal and external financial reporting, manages the consolidated reporting process across multiple operating companies, and serves as the organization's subject matter expert for technical accounting matters.

The Director of Financial Reporting partners closely with Accounting, Finance, Tax, and operational leaders to ensure the accuracy, consistency, and integrity of financial information throughout the organization.

• Lead the preparation and review of monthly, quarterly, and annual consolidated financial statements for the holding company and its subsidiaries.
• Coordinate reporting timelines and deliverables to ensure the timely completion of all reporting requirements.
• Prepare executive-level financial reporting packages and supporting schedules.
• Ensure consistency and accuracy of financial information reported across legal entities and business units.
• Perform analytical reviews of financial results and investigate significant fluctuations, trends, and reporting anomalies.
• Support lender, investor, and other stakeholder reporting requirements as needed.

Consolidation Accounting

• Own the monthly consolidation process for all legal entities within the organization.
• Review consolidation entries, intercompany eliminations, and related account reconciliations.
• Ensure proper accounting treatment for complex organizational structures and ownership arrangements.
• Maintain and enhance consolidation processes, reporting templates, and supporting documentation.
• Coordinate with subsidiary accounting teams to ensure accurate and complete financial information is submitted on a timely basis.

Technical Accounting

• Serve as the organization's primary resource for technical accounting guidance and application of U.S. GAAP.
• Research, document, and communicate accounting conclusions for complex and non-routine transactions.
• Evaluate the impact of new accounting standards and regulatory requirements on the organization.
• Prepare accounting memoranda and technical position papers supporting significant accounting judgments and conclusions.
• Provide accounting guidance related to acquisitions, divestitures, legal entity restructuring, debt transactions, equity transactions, and other complex business events.

Audit & Compliance

• Serve as the primary accounting contact for external auditors regarding financial reporting matters.
• Coordinate audit requests and provide supporting schedules, analyses, and documentation.
• Lead the preparation of audited financial statements and related footnote disclosures.
• Support compliance with GAAP, lender reporting requirements, and other financial reporting obligations.
• Monitor changes in accounting standards and reporting requirements and recommend appropriate actions.
• Maintain controls and procedures related to financial reporting and consolidation activities.
• Ensure appropriate documentation exists to support reporting processes and accounting conclusions.
• Identify opportunities to strengthen…