Director, Technical Accounting New York, New York, United States

ECL Kontor; New York (NY); On-site; USD 200,000 - 225,000; Full time

Job summary

Join a pioneering FinTech company as the Director of Technical Accounting, where you'll play a crucial role in shaping the financial integrity of an innovative organization. This dynamic position involves guiding technical accounting practices, collaborating with cross-functional teams, and ensuring compliance with GAAP standards. As part of a vibrant and inclusive culture, you'll contribute to transforming the rent payment experience for users while enjoying a competitive salary and comprehensive benefits. If you are a self-starter with a passion for excellence and a desire to make an impact, this opportunity is perfect for you.

Benefits

100% company-paid medical, dental, and vision

401(k) + company equity

Unlimited paid time off

Parental leave

Non-profit company match

Pet adoption coverage

Free Flex subscription

Qualifications

• 10+ years of accounting experience in Fintech or Big 4 CPA firm.
• Strong knowledge of FASB codification related to financial instruments.

Responsibilities

• Lead technical accounting research and implementation strategies.
• Collaborate with stakeholders for new business initiatives.

Skills

GAAP accounting

Analytical skills

Communication skills

Problem-solving skills

Project management

Time management

Leadership

Education

Bachelor’s degree in Accounting

CPA certification

Tools

MS Excel

ERP systems

Job description

Flex is a growth-stage, NYC headquartered FinTech company that is creating the best rent payment experience. It’s hard to believe that it’s 2024 and paying rent on time is expensive, inflexible, and difficult. We’re here to change that! Flex enables our users to pay rent throughout the month on a schedule that better fits their finances and budget. Our mission is to empower as many renters as possible with flexibility over their most significant recurring expense. After deliberately keeping a stealth profile as we built up unprecedented investor support and an enthusiastic user base, we are looking for motivated individuals to help us keep our mission growing. Will you be a part of the team?

About the role

As the Director of Technical Accounting you'll be responsible for maintaining the accuracy and integrity of Flexible Finance and its subsidiaries' financial accounting in accordance with Generally Accepted Accounting Principles (US GAAP). Reporting directly to the Vice President of Accounting, this role leads the strategic direction of the technical accounting team and acts as the company's expert on technical accounting issues. You'll work closely with the business accounting team, Strategic Finance, Treasury, and other key functions to provide technical accounting guidance and ensure accurate transaction reporting in the company’s consolidated financial statements.

What you’ll do

• Responsible for technical accounting research and implementation strategy by reviewing proposed accounting standards and determining the potential impact to the Company.
• Collaborate cross functionally with key stakeholders and provide technical accounting guidance on new business initiatives such as contracts, transfer pricing and new business revenue streams.
• Lead the preparation and update of accounting policies through development of the Company accounting policy manual.
• Maintain the controls framework by staying informed with new FASB announcements and regulatory guidelines as they relate to the Fintech sector.
• Review and document complicated accounting issues and make recommendations for appropriate treatment.
• Partner with the VP of Accounting in executing consolidated financial statement external audits and quarterly reviews if applicable.
• Provide training to accounting department team members related to accounting policies and new accounting standards.
• Lead the preparation of accounting transaction memos detailing significant transactions.
• Partner with VP of Accounting to ensure accounting and financial reporting process risks have been identified, assessed and documented in accordance with SOX requirements.

Minimum Qualifications

• Bachelor’s degree (B. A) in Accounting.
• 10+ years accounting experience with Fintech or Big 4 CPA firm required.
• Experience with IPO a plus.
• Strong working knowledge FASB codification as it relates to ASC 606, ASC 842 & ASC 718 for financial market instruments/products.
• Proven self-starter with a strong sense of ownership, communication and analytical business acumen.
• Proficiency in GAAP accounting and financial statement preparation, including month-end and year-end close process.
• Track record of driving transformation and efficiencies in controls and accounting systems.
• Experience managing teams and fostering strong internal and external relationships.
• CPA required.
• Demonstrated analytical and problem-solving skills.
• Ability to effectively manage multiple tasks simultaneously and adapt to a rapidly changing environment.
• Strong PC background with working knowledge of MS Excel, ERP and financial systems.
• Proven time management and project management ability.
• Excellent interpersonal, oral and written communication skills.
• Desire to work in an exciting, start-up environment that encourages individual growth and excellence.

This is a hybrid position with on-site expectations of 3 days per week in our New York Headquarters. For candidates outside of the NY/NJ area, you may be eligible for our relocation assistance program.

The compensation range for this role will be commensurate with the candidate's experience and Flex's internal leveling guidelines and benchmarks.

For working locations in NY/NJ/CA, the base salary pay range will be $210,000-$225,000.

For all other states, the base salary pay range will be $200,000-$210,000.

Life at Flex:

We understand that it takes a diverse team of highly intelligent, curious, determined, empathetic, and self-aware people to grow a successful company. Our HQ is located in New York City, but we have employees located throughout the US, Australia, Canada and South America. We are growing quickly, but deliberately, with a focus on building an inclusive culture. Our dynamic team has incredible perspectives to share, just as we know you do, and we take great pride in being an equal opportunity workplace.

Employee Benefits:

For full-time, U.S. based employees we offer:

• Competitive pay.
• 100% company-paid medical, dental, and vision.
• 401(k) + company equity.
• Unlimited paid time off with a PTO minimum + 13 company paid holidays.
• Parental leave.
• Flex Cares Program: Non-profit company match + pet adoption coverage.
• Free Flex subscription.

For full-time non-US employees, we offer:

• Competitive Pay.
• Company Equity.
• Unlimited PTO.

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