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Director of Technical Accounting - Remote - job 6 of 6

The Director of Technical Accounting is responsible for building and leading a team that oversees the delivery of Propeller’s tax, audit and compliance work. In order to provide strategic financial advice, the quality of our work is paramount. The Director of Technical Accounting understands how critical data is and is committed to providing our clients with accuracy across our entire portfolio. The role is client-facing, collaborating with colleagues across Propeller to review and update client financials for auditors and investors, advise on GAAP standards and assist with best practice implementation.

The ideal candidate is a builder: a self-starter who is flexible, collaborative and innovative; has a high level of integrity; is action and goal-oriented; and is comfortable in a fast-paced, team-oriented environment. This person possesses a strong technical accounting background and CPA license. They have strong communication skills and a proven ability to juggle priorities and work proactively to drive results. Experience working with early-stage and venture-backed clients is a must!

Responsibilities:

Drive Quality & Consistency in Propeller’s Accounting Work

  • Collaborate with Propeller’s industry practice leads and Head of US Accounting to develop and implement best practices in line with industry standards
  • Work with the Head of US Accounting to establish a peer review program to ensure consistency in accounting practices across Propeller’s client base and provide direct feedback on client work product 
  • Develop technical accounting training for the firm, including best practices for each stage of our client's growth
  • Responsible for all technical accounting research, including the latest GAAP developments and industry best practices
  • Work with Accounting & Finance colleagues in analyzing transactions, determining accounting treatment based on GAAP considerations
  • Build and expand Propeller’s knowledge base around international regulations and IFRS
  • Create and maintain a continuing education (CPE) program with NASBA accreditation

Lead Audit, Tax & Diligence Work

  • Serve as the chief reviewer for client audits, leveraging understanding of GAAP standards and industry norms to offer appropriate solutions or feedback in financial reporting. This includes standardization of footnote disclosures, recognition of stock-based compensation and inventory roll-backs
  • Define, expand and partner with Propeller colleagues to deliver tax and compliance offerings, including the development of new service offerings
  • Lead the creation of the annual tax and compliance calendar, systems and training
  • Develop and lead diligence services for clients particularly those preparing to fundraise or undertake an M&A event
  • Advise client accounting and finance teams on the latest GAAP developments and recommend appropriate accounting systems and practices

Requirements:

The Ideal Candidate

  • At least 12-15 years of accounting experience 
  • An undergraduate degree in accounting
  • CPA required
  • Expertise working with venture-backed start-ups
  • Experience in building and managing teams
  • Excellent communication skills, including the ability to confidently and concisely make recommendations to executive decision makers
  • Self-starter with bias for action 
  • Critical eye for inconsistencies in accounting best practices
  • Creative thinker, operating outside the box to drive improvements
  • Passion for leveraging systems and driving process improvements
  • Ability to collaborate across multiple functions of an organization
  • Excellent working knowledge of Excel
  • Experience working in a multi-client environment, a plus

GAAP Specific Requirements

  • 4+ years handling audits for small and mid-market clients
  • Strong knowledge of GAAP a must
  • Experience in reviewing or preparing footnote disclosures
  • Ability to research FASB pronouncements and communicate findings concisely
  • Working knowledge of various forms of stock-based compensation
  • Working knowledge of consolidating financial statements
  • Working knowledge of accounting for mergers, acquisitions and asset purchases 
  • Experience with ASC 606 or ASC 842, a plus

At Propeller Industries, we encourage our employees and our clients to bring their true selves to the organization. We believe that a diverse team enables us to cultivate and improve upon our culture of inclusion and collaboration. As an equal opportunity employer, we welcome the contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, religion, disability, sexual orientation, and beliefs. So however you identify and whatever your background, we encourage you to apply for this role if you share our passion for helping great entrepreneurs build great companies. We look forward to meeting you!

Current Benefits Offered: Generous Vacation & Sick Pay, Medical (Employer pays 100% for Employee coverage), Dental, Vision, Disability & Life Insurance, Commuter Benefits, Paid Family Leave, 3% contribution to 401k, Remote Work.


About Propeller Industries:

Propeller Industries provides outsourced finance and accounting services for an elite portfolio of early-stage growth companies. We offer a broad scope of services ranging from CFO-level strategic planning to day-to-day transaction processing through our team of CFOs and accountants. The firm has offices in San Francisco, Santa Monica, New York, Austin, Boulder and Sun Valley, ID and currently serves 400+ clients across a range of industries including ecommerce, technology, food & beverage, manufacturing, business services and healthcare.

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CEO of Propeller
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Amy Weeden
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This new era of continuous disruption needs a new brand of management consulting laser-focused on helping large organizations nimbly negotiate an increasingly volatile business landscape. We help big act small.

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DATE POSTED
May 4, 2022

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