Job details

Director of Financial Reporting

About the Company:

Ouro is a global, vertically-integrated financial services and technology company dedicated to the delivery of innovative financial empowerment solutions to consumers worldwide. Ouro’s financial products and services span prepaid, debit, cross-border payments, and loyalty solutions for consumers and enterprise partners.

Ouro's flagship product Netspend provides prepaid and debit account solutions that connect customers with secure, convenient access to global payment networks so they can manage their money and make everyday purchases. With a nationwide U.S. retail network, customers can purchase and reload Netspend products at 130,000 reload points and over 100,000 distributing locations.

Since Ouro's founding in 1999 by industry pioneers Roy and Bertrand Sosa, Ouro products have processed billions of dollars in transaction volume and served millions of customers worldwide. The company is headquartered in Austin, Texas with regional offices around the world. Learn more at www.ouro.com.

About the Role:
The Director of Financial Reporting will play a critical role overseeing financial reporting and technical accounting requirements of Ouro. This position requires a critical thinker with a deep understanding of GAAP accounting concepts and a track record of process improvements in a fast-paced, dynamic environment. The Director of Financial Reporting will collaborate closely with senior leadership to ensure accurate and timely financial reporting and analysis.

Responsibilities:

Financial Reporting and Analysis:
- Oversee the preparation of financial reporting to meet both internal and external compliance requirements
- Responsible for documenting and implementing authoritative accounting guidance
- Lead and direct the monthly close process including review of general ledger account reconciliations to ensure financial reporting accuracy
- Promote process improvements to drive efficiency and reduce days to close
- Coordinate the preparation of materials necessary to complete the company’s annual financial statement audit as well as regulatory audits and related requirements
- Establish and maintain internal controls over financial reporting
Team Leadership and Development:
- Lead and develop a high-performing team, providing guidance and mentorship
- Foster a culture of collaboration, accountability, and continuous improvement within the finance organization, promoting teamwork and knowledge sharing

Qualifications:

Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or CPA preferred.
10+ years of progressive experience in finance leadership roles, preferably in the financial technology industry or related sectors.
Strong analytical and strategic thinking skills, with the ability to translate financial data into actionable insights and recommendations.
Excellent leadership, communication, and interpersonal skills, with the ability to build and maintain effective relationships with internal and external stakeholders.
Demonstrated ability to manage and develop a diverse team of finance professionals, fostering a culture of excellence, collaboration, and continuous learning.
Deep understanding of financial principles, accounting standards, regulatory requirements, and industry best practices.

Experience working with financial technology platforms, systems, and tools is a plus

Average salary estimate

$135000 / YEARLY (est.)

min

max

$120000K

$150000K

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What You Should Know About Director of Financial Reporting , Ouro

If you're looking to step into a pivotal role with a dynamic company, Ouro is on the hunt for a Director of Financial Reporting to join our vibrant Austin team. As a global leader in financial services and technology, we're passionate about empowering consumers through innovative solutions like our flagship product, Netspend. In this exciting role, you'll be at the forefront of financial oversight, ensuring that our reporting and technical accounting meet the highest standards. With your comprehensive knowledge of GAAP accounting principles, you're poised to drive process improvements and contribute to our mission of delivering excellence. You'll collaborate with senior leadership to ensure that our reports are not only accurate but also timely, while leading a dedicated team towards achieving our financial goals. Your strategic insight will help streamline our monthly close processes and enhance our internal controls, fostering a culture of accountability and teamwork. Sound like a challenge you're ready for? We can't wait to see how your vision will lead our finance organization to new heights. The ideal candidate will bring a depth of experience along with analytical prowess, and excellent leadership skills, ready to cultivate a high-performing team in a fast-paced environment. Join Ouro, where your expertise will help shape the future of financial empowerment around the globe.

Frequently Asked Questions (FAQs) for Director of Financial Reporting Role at Ouro

What are the key responsibilities of a Director of Financial Reporting at Ouro?

As the Director of Financial Reporting at Ouro, you will oversee financial reporting and technical accounting, ensuring compliance with internal and external requirements. This includes leading the monthly close process, improving financial reporting accuracy, and coordinating annual audits. You will also document authoritative accounting guidance and establish strong internal controls. Your role is pivotal in translating financial data into actionable recommendations for senior leadership.