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THE OPPORTUNITY

This position is a key member of the External Reporting group based in Newark, NJ. The Financial Reporting Analyst is primarily responsible for the preparation of 10Qs/10K in accordance with US GAAP, monthly accounting procedures around key accounts, and assisting in compliance with SOX requirements. The ideal candidate has knowledge of US GAAP and is a highly driven, self-starter with a desire to broaden their knowledge of financial reporting. The position reports to the Director of External Reporting.

RESPONSIBILITIES

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  Prepare the annual and quarterly financial reports in compliance with US GAAP, SEC and other financial reporting requirements, considering external reporting time-sensitive deliverables.
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  Prepare required supporting schedules for 10Qs/10K and assess financial reporting information received from other functional areas and service providers.
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  Draft financial statement footnotes as required.
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  Stay current on accounting pronouncements and assist in implementation and compliance with new and proposed accounting and reporting standards.
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  Complete account reconciliations on complex areas of accounting including:
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    Equity and equity-award related transactions
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    Employee benefit plans including pension & other post-employment benefits
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    Goodwill and intangibles
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    Revenue and loyalty point accounting related to ASC 606
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  Work with third party specialists around stock compensation and pension accounting.
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  Review XBRL tagging for 10-Q and 10-K filings.
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  Knowledge of Sarbanes-Oxley 404 process and internal control concepts; perform testing of internal controls, including entity-level controls.
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  Work with external auditors during quarterly reviews and the annual audit.
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  Manage repository for statutory reporting and coordinate use of Wdesk for statutory reports with international subsidiaries
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  Assist with ad-hoc projects and initiatives, such as preparing a summary and analysis of project-related data.
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  Support the preparation and review of deliverables related to the earnings release, including working with our partners in Investor Relations.

WHO WE ARE

Scholastic Corporation (NASDAQ: SCHL) is the world\'s largest publisher and distributor of children\'s books, a leading provider of core literacy curriculum and professional services, and a producer of educational and entertaining children\'s media. The Company creates quality books and ebooks, print and technology-based learning programs for pre-K to grade 12, classroom magazines and other products and services that support children\'s learning both in school and at home. With operations in 14 international offices and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom collections, school and public libraries, retail and online. True to its mission of 100+ years to encourage the personal and intellectual growth of all children beginning with literacy, the Company has earned a reputation as a trusted partner to educators and families. Learn more at
www.scholastic.com .

Some benefits that we offer:

• 100% vested of 401(k) Retirement Plan after 5 years employment
• Up to 1M worth of supplemental Life Insurance
• Tuition Reimbursement
• Purchase Scholastic stock at a 15% discount

Thank you for your consideration in choosing Scholastic.

Qualifications

HOW YOU CAN FIT (Qualifications)

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  2-3 years of experience, Big 4 plus
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  CPA preferred (or eligible to sit for the CPA exam/has parts passed)
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  Knowledgeable of US GAAP and SOX compliance requirements
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  Detail-oriented and ability to multi-task, prioritize and stay flexible, while meeting deadlines and goals
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  Strong interpersonal and oral/written communication skills
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  Fast learner, positive professional attitude, and able to work as part of a dynamic team
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  Ideal candidate has a mix of audit experience and public company external reporting experience
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  Knowledge of Wdesk (aka Workiva) financial reporting tool and/or Oracle a plus

Time Type:
Full time

Job Type:
Regular

Job Family Group:
Finance

Location Region/State:
New Jersey

EEO Statement:
Scholastic is an Equal Opportunity Employer. Our policy is clear: there shall be no discrimination on the basis of race, religion, color, sex, pregnancy, national origin, marital status, sexual orientation, gender identity or expression, age, non-disqualifying physical or mental disability, or status as a disabled veteran or Vietnam veteran. Those factors shall not influence the determination of qualifications for a job or other opportunity within the company. Further, all personnel actions (such as compensation, tuition aid, benefits, transfers, promotions, and dismissals, company-sponsored training, social and recreational programs) shall be administered without discrimination.


EEO is the Law Poster


EEO Scholastic Policy Statement


Pay Transparency Provision