Director, Consolidations & Accounting Partnerships

The Director of Consolidations & Accounting Partnerships at BuzzFeed, Inc. is responsible for managing the financial consolidation process for multiple entities, overseeing intercompany transactions, monitoring financial performance and reporting, and ensuring compliance with relevant accounting standards. This role also involves acting as a primary liaison with external partners for financial data collaboration and maintaining accurate consolidated financial statements.

To qualify for the Director of Consolidations & Accounting Partnerships role at BuzzFeed, Inc., candidates should possess a Bachelor’s degree in Accounting or a related field, with a CPA certification being strongly preferred. Additionally, a minimum of 7+ years of accounting experience, particularly in a public company and international settings, is essential. Strong analytical skills, knowledge of FX revaluation, and familiarity with statutory reporting are also crucial.

The Director of Consolidations & Accounting Partnerships plays a pivotal role in financial reporting by participating in the monthly close process and ensuring timely and accurate reporting. This includes preparing and reviewing journal entries and balance sheet reconciliations while closely collaborating with external auditors to comply with annual statutory reporting in different countries.

At BuzzFeed, Inc., the Director of Consolidations & Accounting Partnerships can expect a supportive, inclusive atmosphere. The company values team contributions and actively promotes opportunities for personal and professional growth, facilitated by a strong emphasis on inclusion and equity within the workplace.

For success in the Director of Consolidations & Accounting Partnerships role at BuzzFeed, Inc., proficiency in Excel is essential, and experience with financial software such as NetSuite is a significant plus. Familiarity with global accounting standards and practices will also be beneficial.

When answering this question, highlight specific experiences managing financial consolidations for multiple entities, detailing any challenges you faced and how you overcame them. Emphasize your understanding of accounting principles and any relevant technologies you've used to streamline processes.

Discuss your approach to building and maintaining professional relationships. Highlight your communication skills, responsiveness, and ability to ensure accuracy in reporting, while also addressing how you handle any discrepancies or issues.

In responding to this question, mention specific compliance strategies you've implemented, such as regular training sessions for your team, maintaining thorough documentation, and your experience collaborating with external auditors to ensure all standards are met.

Share your structured process for journal entry preparation. Talk about the importance of accuracy, regular reviews, and how you ensure your team adheres to deadlines while maintaining high-quality standards in financial reporting.

Discuss your familiarity with managing foreign currency exchanges and the complexities involved. Reference specific instances where you've performed FX revaluations or addressed currency fluctuations in consolidated statements.

Highlight your innovative mindset by providing examples of how you have identified bottlenecks in financial processes. Discuss methodologies like automation tools, process mapping, or data analysis techniques you've employed to improve efficiency.

Provide insight into your previous roles where you dealt with intercompany transactions. Discuss your understanding of reconciliation processes and the importance of maintaining accurate records for consolidated financial statements.

Share your leadership philosophy and techniques for fostering a positive team environment, such as providing growth opportunities, leading by example, and encouraging open communication among the team members.

Walk the interviewer through a specific analysis you performed that required critical thinking and problem-solving. Emphasize the impact of your findings on decision-making at a company level.

Discuss your time management skills and your approach to prioritizing tasks under pressure. Mention any specific tools you use to keep track of deadlines and how you ensure your team's workload is manageable without compromising quality.