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Director of Technical Accounting

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.

Job Description

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

Qualifications

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

Additional Information

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.

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Average salary estimate

$135000 / YEARLY (est.)
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$120000K
$150000K

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What You Should Know About Director of Technical Accounting, Flywire

At Flywire, we’re thrilled to invite applications for the Director of Technical Accounting position in Boston, MA! Imagine taking your career to new heights with an innovative team dedicated to transforming complex payments. In this role, you will serve as a crucial player, ensuring that we adhere to US GAAP and drive compliance across all accounting matters. We’re looking for someone who doesn’t just have the technical chops but also the leadership skills to mentor others and work collaboratively with various teams, including Legal and Sales. Your days will be filled with analyzing customer revenue contracts, advising on technical accounting projects, and preparing essential financial statement disclosures. If you thrive in a dynamic environment and are excited about helping a global company grow while keeping your finger on the pulse of the accounting standards, this could be the perfect match! Plus, you’ll have the opportunity to work remotely while staying connected to your FlyMates in Boston. If you have a strong foundation in public accounting and a knack for influencing decisions through effective communication, we’d love to see your application. At Flywire, every team member matters, and we can’t wait for you to join us on this exciting journey!

Frequently Asked Questions (FAQs) for Director of Technical Accounting Role at Flywire
What are the key responsibilities of the Director of Technical Accounting at Flywire?

The Director of Technical Accounting at Flywire is responsible for ensuring compliance with US GAAP, reviewing customer revenue contracts, and advising senior management on complex accounting matters. This role includes overseeing technical accounting analyses, preparing financial statement disclosures, and collaborating with internal and external auditors to ensure successful audit results.

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What qualifications are required for the Director of Technical Accounting position at Flywire?

To excel as the Director of Technical Accounting at Flywire, candidates should have 7+ years of experience in public accounting or multinational companies, preferably with a CPA certification. A solid understanding of US GAAP and ASC 606 revenue recognition principles, as well as a Bachelor’s degree in Accounting or Finance, is essential.

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How does the role of Director of Technical Accounting at Flywire contribute to the company's success?

The Director of Technical Accounting plays a vital role in Flywire's success by ensuring accurate revenue recognition and compliance, which supports strategic decision-making. This role helps streamline accounting processes, enhances operational efficiency, and fosters collaboration across multiple departments, thus driving overall business performance.

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What type of work environment can a Director of Technical Accounting expect at Flywire?

At Flywire, the work environment is dynamic and collaborative, with a focus on global teamwork. The Director of Technical Accounting will engage with diverse teams and be encouraged to drive continuous improvement initiatives while enjoying flexibility through remote work capabilities, with occasional in-person meetings at the Boston office.

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What technologies does Flywire utilize for the Director of Technical Accounting role?

Flywire leverages a variety of technologies to support its accounting functions, including Netsuite, Floqast, Looker, G-Suite, and Microsoft Office products. Familiarity with these tools can enhance the efficiency and effectiveness of the Director of Technical Accounting in their role.

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Common Interview Questions for Director of Technical Accounting
Can you explain your understanding of ASC 606 and its relevance to the Director of Technical Accounting role?

In preparing for your interview, it’s crucial to understand ASC 606, which outlines the principles of revenue recognition from contracts with customers. Discuss how you would apply these principles at Flywire, focusing on compliance, contract analysis, and financial statement preparation.

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Describe a time you had to advise management on a complex accounting issue.

During your interview, be ready to share a specific example that showcases your ability to navigate complex accounting situations. Highlight your analytical skills, communication strategies, and the positive outcomes that followed your advice.

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How do you ensure compliance with accounting standards in a rapidly changing environment?

To answer this question effectively, emphasize your proactive approach to continuous education on accounting standards and your ability to adapt processes quickly. Discuss tools or methodologies you employ to monitor changes and implement necessary adaptations.

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What methods do you use to communicate complex financial concepts to non-accounting stakeholders?

In your response, demonstrate your communication skills by sharing specific techniques you use, such as visual aids or simplified language. This will highlight your ability to foster collaboration across departments, particularly in a company like Flywire.

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How would you approach reviewing customer revenue contracts at Flywire?

Discuss your systematic approach to contract review, focusing on identifying revenue recognition criteria under ASC 606. Illustrate how you'd collaborate with other departments, like Legal and Sales, to ensure comprehensive analysis and full compliance.

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Can you give an example of a technical accounting project you led?

In your interview, provide a detailed account of a past technical accounting project you've led, explaining the challenges faced, the strategies you implemented, and the successful outcomes achieved as a result of your leadership.

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What are your strategies for managing tight deadlines during month-end closes?

Share your organization and prioritization strategies, emphasizing your time management skills. Discuss past experiences where you've displayed efficiency without compromising accuracy, which is critical for Flywire's accounting processes.

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How do you maintain knowledge of changing accounting regulations?

Explain your commitment to professional development, mentioning resources such as CPA courses, accounting journals, and industry seminars you utilize to stay up-to-date with changing regulations that impact your role.

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What role do internal controls play in your accounting processes?

Discuss your understanding of internal controls and their significance in preventing errors and fraud within the accounting processes. Share examples of how you've established or improved internal control systems in previous roles.

Join Rise to see the full answer
Why do you want to work for Flywire as the Director of Technical Accounting?

Prepare to express genuine enthusiasm for Flywire's mission and culture. Highlight how your skills align with the company’s goals and how you intend to contribute positively to the team and its ongoing growth.

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Flywire ensures organizations deliver on their customers’ most important moments.

46 jobs
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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Vision Insurance
Performance Bonus
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 21, 2025

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