Director, Corporate Accounting Job at Groupon in Chicago

Groupon is a marketplace where customers discover new experiences and services everyday and local businesses thrive. To date we have worked with over a million merchant partners worldwide, connecting over 16 million customers with deals across various categories. In a world often dominated by e-commerce giants, we stand out as one of the few platforms uniquely committed to helping local businesses succeed on a performance basis.

Groupon is on a radical journey to transform our business with relentless pursuit of results. Even with thousands of employees spread across multiple continents, we still maintain a culture that inspires innovation, rewards risk-taking and celebrates success. The impact here can be immediate due to our scale and the speed of our transformation. We're a "best of both worlds" kind of company. We're big enough to have the resources and scale, but small enough that a single person has a surprising amount of autonomy and can make a meaningful impact.

Groupon is seeking a highly motivated and skilled individual to join its Corporate Accounting team as a Director, with a focus on technical accounting and external reporting. This is a hands-on role with extensive interaction across various departments, including Finance, Tax, Treasury, Legal, HR, and Corporate Development. The role offers high visibility, working directly with senior accounting leadership such as the Chief Accounting Officer, Senior Director of Corporate Accounting, and Global Controller.

The ideal candidate will be a proactive, highly analytical team player who can effectively collaborate across departments, prioritize multiple tasks in a fast-paced environment, and maintain a strong focus on accuracy and compliance.

Key Responsibilities:

1. Technical Accounting & Compliance: Research and apply GAAP guidelines and Company policies on key areas including revenue recognition, leases, share-based compensation, foreign currency, investments and goodwill, among others. Prepare comprehensive white papers on technical accounting matters.
2. Financial Reporting: Review disclosures in quarterly and annual filings, proxy statements, and current reports to ensure compliance and accuracy.
3. Implementation of New Standards: Lead the implementation of new accounting standards and external reporting regulations, ensuring the company is fully prepared to comply with changes as they arise.
4. Policy Review: Evaluate and update existing accounting policies to align with evolving business needs and changing accounting standards.
5. Transaction Evaluation: Collaborate with Finance, Tax, Treasury, Legal, HR, and Corporate Development teams to assess accounting implications for significant transactions and new initiatives.
6. Reserves Estimation: Estimate material reserves, ensuring operational data accuracy, verifying estimation models, and assessing the impacts of business changes.
7. Stakeholder Communication: Assist in the preparation and review of materials for the Board of Directors, Audit Committee, and investors.
8. Audit Support: Serve as a primary contact for external auditors, supporting annual financial statement audits and quarterly reviews.
9. Training & Development: Create and lead training initiatives to support continued education across the organization on accounting matters.
10. Leadership: Mentor and develop team members, fostering a supportive environment for career growth and professional development.
11. Innovation: Identify opportunities for automation and process improvement. Work with relevant team members and stakeholders to implement sustainable solutions in a SOX controlled environment.

Qualifications:

1. Experience: 10+ years in progressive accounting roles, with at least 3-4 years in a leadership position.
2. Technical Skills: Proficiency in US GAAP, SEC Reporting, financial reporting, tax compliance, ERP systems and internal controls.
3. Industry Knowledge: Familiarity with the technology and/or e-commerce industry is a plus, but not required.
4. Soft Skills: Leadership, strategic thinking, excellent written and verbal communication, change management, and collaboration.
5. Education: Bachelor's degree in Accounting; Master's degree in Accounting and CPA strongly preferred.

Groupon's purpose is to build strong communities through thriving small businesses. To learn more about the world's largest local e-commerce marketplace, click here. You can also find out more about us in the latest Groupon news as well as learning about our DEI approach. If all of this sounds like something that's a great fit for you, then click apply and join us on a mission to become the ultimate destination for local experiences and services.

Beware of Recruitment Fraud: Groupon follows a merit-based recruitment process without charging job seekers any fees. We've noticed an increase in recruitment fraud, including fake job postings and fraudulent interviews and job offers aimed at stealing personal information or money. Be cautious of individuals falsely representing Groupon's Talent Acquisition team with fake job offers. If you encounter any suspicious job offers or interview calls demanding money, recognize these as scams. Groupon is not responsible for losses from such dealings. For legitimate job openings (and a sneak peek into life at Groupon), always check our official career website at grouponcareers.com.