InvestCloud
Manager, Technical Accounting & Reporting
InvestCloud, Warren, New Jersey, us, 07059
We are looking for a Manager of Financial Reporting &Technical Accounting who is a highly motivated, action-oriented person to play a lead role in aspects of the SEC financial reporting, technical research, developing accounting policy, and ensuring compliance with U.S. GAAP and SEC guidelines. This senior leader will drive high quality financial reporting requirements and robust disclosure controls, collaborate with cross-functional stakeholders on a broad set of topics including but not limited to new accounting standards analysis and implementation.
What does a great Manager, Financial Reporting and Technical Accounting do?
The ideal candidate will have a strong background in financial reporting (private and public company experience preferred) and technical accounting (including ASC 606 Revenue, ASC 842 Lease, ASC 718 Stock-based compensation, ASC 350 software capitalization, ASC 360 Goodwill, ASC 470 Debt), and internal controls, along with excellent communication skills.
How you will provide meaningful contributions:
Manage the timely and accurate preparation of external financial reports and ensure financial statements and footnotes are presented in accordance with U.S. GAAP and SEC guidelines.Collaborate with cross-functional stakeholders to gather relevant information for financial reporting and disclosure purposes.Prepare and/or review the consolidated statement of cash flows on a quarterly basis.Perform research and interpret U.S. GAAP accounting standards to determine the accounting and financial reporting treatment for new, material, and complex/unusual transactions or agreements.Prepare and/or review technical accounting memorandums for significant transactionsPrepare and maintain new or existing accounting policies based on evolving industry standards and best practices.Prepare and manage the accounting of certain technical accounting areas, such as lease, share-based compensation, goodwill, debt, software accounting, etc.Maintain a solid understanding of all aspects of the business and the related impact on the company's accounting and internal control systems, procedures, and processes.Identify opportunities for process improvements and lead initiatives to refine and streamline the financial reporting process.Assist design and implement internal controlsDirect, lead and manage direct report(s) in building a high performance departmentBasic Qualifications for Consideration:
BS degree in Accounting; CPA RequiredPublic Accounting foundation with a preference for Big 4A minimal of 8 years of accounting related work experience, primarily in financial reporting and technical accounting, as well as familiar with debt, lease, share-based compensation, capitalized software, asset acquisition, business combinations, and revenue recognition.Demonstrated ability to stay current with emerging trends and relevant legislation that impacts accounting and financial reporting. Strong ability to research technical issues.Strong strategic, presentation, project management, and communication skills. Must be able to communicate effectively with business group leaders and senior management.Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity.Ability to be flexible and collaborate with team on different projects and needs.Preferred Skills / Experience
Prior experience in SEC external filings.Prior experience in Technical Accounting.SaaS industry experience is preferred. IPO experience is a plus.Experience working in Workiva platform.
About InvestCloud
InvestCloud is the global technology leader in digital transformations for the financial services industry, supporting over $6 trillion of assets with over 550 direct clients, from wealth managers, institutional investors and asset managers to family offices, asset services companies, financial platforms, and banks. InvestCloud specializes in digital platforms that enable the development of financial solutions, pre-integrated into the cloud. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding suite of modular products, resulting in best-in-class experiences for the financial services industry. Headquartered in Los Angeles, InvestCloud has over 20 global offices including New York, London, Geneva, Singapore, Tokyo, and Sydney. InvestCloud is backed by Motive Partners (together with its affiliates) and Clearlake Capital Group, L.P. (together with its affiliates). For more information, visit InvestCloud.com.
The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on the applicant's geographic location. Salary range: $130,000 - $180,000
Invest Cloud is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.
#LI-HJ1
What does a great Manager, Financial Reporting and Technical Accounting do?
The ideal candidate will have a strong background in financial reporting (private and public company experience preferred) and technical accounting (including ASC 606 Revenue, ASC 842 Lease, ASC 718 Stock-based compensation, ASC 350 software capitalization, ASC 360 Goodwill, ASC 470 Debt), and internal controls, along with excellent communication skills.
How you will provide meaningful contributions:
Manage the timely and accurate preparation of external financial reports and ensure financial statements and footnotes are presented in accordance with U.S. GAAP and SEC guidelines.Collaborate with cross-functional stakeholders to gather relevant information for financial reporting and disclosure purposes.Prepare and/or review the consolidated statement of cash flows on a quarterly basis.Perform research and interpret U.S. GAAP accounting standards to determine the accounting and financial reporting treatment for new, material, and complex/unusual transactions or agreements.Prepare and/or review technical accounting memorandums for significant transactionsPrepare and maintain new or existing accounting policies based on evolving industry standards and best practices.Prepare and manage the accounting of certain technical accounting areas, such as lease, share-based compensation, goodwill, debt, software accounting, etc.Maintain a solid understanding of all aspects of the business and the related impact on the company's accounting and internal control systems, procedures, and processes.Identify opportunities for process improvements and lead initiatives to refine and streamline the financial reporting process.Assist design and implement internal controlsDirect, lead and manage direct report(s) in building a high performance departmentBasic Qualifications for Consideration:
BS degree in Accounting; CPA RequiredPublic Accounting foundation with a preference for Big 4A minimal of 8 years of accounting related work experience, primarily in financial reporting and technical accounting, as well as familiar with debt, lease, share-based compensation, capitalized software, asset acquisition, business combinations, and revenue recognition.Demonstrated ability to stay current with emerging trends and relevant legislation that impacts accounting and financial reporting. Strong ability to research technical issues.Strong strategic, presentation, project management, and communication skills. Must be able to communicate effectively with business group leaders and senior management.Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity.Ability to be flexible and collaborate with team on different projects and needs.Preferred Skills / Experience
Prior experience in SEC external filings.Prior experience in Technical Accounting.SaaS industry experience is preferred. IPO experience is a plus.Experience working in Workiva platform.
About InvestCloud
InvestCloud is the global technology leader in digital transformations for the financial services industry, supporting over $6 trillion of assets with over 550 direct clients, from wealth managers, institutional investors and asset managers to family offices, asset services companies, financial platforms, and banks. InvestCloud specializes in digital platforms that enable the development of financial solutions, pre-integrated into the cloud. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding suite of modular products, resulting in best-in-class experiences for the financial services industry. Headquartered in Los Angeles, InvestCloud has over 20 global offices including New York, London, Geneva, Singapore, Tokyo, and Sydney. InvestCloud is backed by Motive Partners (together with its affiliates) and Clearlake Capital Group, L.P. (together with its affiliates). For more information, visit InvestCloud.com.
The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on the applicant's geographic location. Salary range: $130,000 - $180,000
Invest Cloud is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.
#LI-HJ1