Director of Technical Accounting

Flywire; Boston (MA); Hybrid; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Director of Technical Accounting to lead compliance with accounting standards and revenue recognition. This role offers the chance to work in a dynamic environment, collaborating with various departments and influencing decision-making. The ideal candidate will have over seven years of experience in public accounting or multinational SAAS, with a solid understanding of US GAAP and ASC 606. Join a global team that values collaboration and continuous improvement, while making a meaningful impact in the world of payments.

Benefits

Competitive compensation

Employee Stock Purchase Plan

Global Induction Program

Wellbeing Programs

Competitive time off

Talent Development Programs

Qualifications

• 7+ years of experience in public accounting or multinational SAAS companies.
• Strong knowledge of ASC 606 and revenue recognition principles.

Responsibilities

• Ensure compliance with US GAAP and assist in revenue recognition.
• Collaborate with internal and external auditors for successful audits.

Skills

US GAAP

Revenue Recognition

Project Management

Interpersonal Skills

Communication Skills

Education

Bachelor's degree in Accounting or Finance

Tools

Netsuite

Floqast

Looker

G-Suite

Microsoft Office

Job description

Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you!

Who we are:

Flywire is a global payments enablement and software company, founded a decade ago to solve high-stakes, high-value payments in education, using modern technology.

Today, we’ve digitized payments for more than 3,000 global clients across education, healthcare, travel & B2B, covering more than 240 countries and territories and supporting over 140 currencies. And, we’re just getting started!

With over 950+ global FlyMates, representing more than 40 nationalities, and in 14 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

The Opportunity:

Flywire is seeking a Director of Technical Accounting to assist in revenue recognition and various technical accounting matters to ensure compliance with generally accepted accounting principles, corporate policies, and internal & external audits. This role will report to our VP of Technical Accounting and External Reporting.

The ideal candidate possesses leadership capabilities, solid operational and technical accounting background and works proactively to drive results. In addition, a successful candidate must have the ability to operate effectively in a rapidly scaling and dynamic environment.

Location:

Remote but within the Boston or surrounding geography to periodically be able to meet in person in our Boston office location.

What You'll Do:

• Serve as a subject matter expert on accounting standards, ensuring compliance with US GAAP, and other relevant regulations.
• Advise and consult with senior management and other internal stakeholders on complex accounting matters.
• Review customer revenue contracts to determine and document the appropriate revenue recognition to be applied.
• Partner with Legal, Sales, Gross Margin Ops, and serve as the accounting point of contact on revenue recognition, and assist in contract structuring.
• Own ad hoc technical projects as needed (e.g., business combinations, debt issuance, equity transactions, and lease transactions etc.).
• Prepare technical accounting analyses and documentation for complex accounting issues and provide accounting consultation advice to the relevant business partners.
• Develop accounting policies and procedures and operational strategies including the review and implementation of process and system changes.
• Responsible for relevant financial statement disclosures including revenues, business combinations and leases.
• Assist with certain monthly and quarterly close activities and support operational teams’ accounting matters as the subject matter expert.
• Prepare/Review relevant internal control documentation for responsible areas and ensure compliance with SOX policies.
• Collaborate with internal and external auditors to ensure timely and successful audit results.

Here’s what we are looking for:

• 7+ years of relevant experience from public accounting and/or public multinational SAAS or payment processing companies, Big 4 experience and CPA is strongly preferred.
• Excellent understanding of US GAAP accounting principles with a strong knowledge of revenue recognition principles within ASC 606 Revenues from contracts with customers.
• Bachelor’s degree in Accounting or Finance.
• Highly organized, detail-oriented, resourceful, & self-motivated with a desire for continuous improvement.
• Strong interpersonal, project management, oral and written communication skills.
• Ability to work with various business partners and influence decision making.

Technologies We Use:

• Netsuite, Floqast, Looker, G-Suite, & Microsoft office products.

What We Offer:

• Competitive compensation, including Restricted Stock Units.
• Employee Stock Purchase Plan (ESPP).
• Flying Start- Our immersive Global Induction Program (Meet our Execs & Global Teams).
• Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media.
• Dynamic & Global Team (we have been collaborating virtually for years!).
• Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates.
• Be a meaningful part in our success - every FlyMate makes an impact.
• Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
• Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!).

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices, and diversity and inclusion at the core of our people agenda, we believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.