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Director of Accounting

R2Net is a diamond bridal jewelry company with a technology soul. R2Net Inc. is an innovative technology company that provides e-commerce and supply chain platforms to connect the entire span of the diamond industry ecosystem, including manufacturers, retailers, and consumers.

The Director of Accounting will play a pivotal role in managing the accounting function, ensuring compliance with U.S. GAAP, and upholding internal policies. Reporting directly to the Controller, this leader will oversee day-to-day accounting operations, drive process improvements, and support strategic initiatives. The ideal candidate will possess a robust technical accounting background, a proven ability to manage and develop teams, and a strong focus on accuracy and efficiency in a fast-paced environment.

Responsibilities

  • Leadership & Oversight:
    • Manage daily accounting operations, including general accounting, inventory, and payroll, while fostering the professional growth of the team.
    • Collaborate with the Controller and CFO to ensure financial accuracy and the timely completion of accounting activities.
       
  • Financial Reporting & Reconciliation:
    • Review reconciliations for accuracy and proper documentation, driving continuous improvements in processes.
    • Assist in the preparation of consolidated financial reports and management reports for executive leadership.
       
  • Close Process Management:
    • Lead monthly, quarterly, and year-end close processes, ensuring reconciliations and journal entries are accurate and completed on time.
       
  • Process Improvement & Automation:
    • Identify and implement process improvements to enhance efficiency and accuracy within the accounting function.
    • Lead system enhancements or upgrades, collaborating with IT to ensure scalability and support for company growth.
    • Drive automation initiatives to streamline workflows and reduce manual processes.
       
  • Cross-Functional Collaboration:
    • Work closely with Operations, Legal, and Tax teams to provide accounting expertise on financial transactions and strategic initiatives.
    • Support the Controller in advising senior management on financial strategies, policies, and operational efficiencies.
       
  • Compliance & Audit Management:
    • Ensure compliance with department policies, internal controls, and Sarbanes-Oxley (SOX) regulations.
    • Oversee annual audits and address findings or recommendations.
    • Monitor internal control procedures, evaluating their effectiveness and documenting controls and processes.
       
  • Special Projects:
    • Handle special projects and perform other duties as assigned to support company objectives, as well as the CFO.
       

Skills and Abilities

  • Communication: Excellent written and verbal communication skills, with the ability to convey complex financial information to diverse stakeholders.
  • Planning & Organization: Exceptional time management skills, with the ability to prioritize, multitask, and adapt to changing circumstances.
  • Teamwork & Leadership: 1) Collaborative team player with a positive attitude and commitment to team success. 2) Ability to accept feedback constructively and contribute to building a cohesive team spirit.
  • Problem-Solving: 1) Strong analytical and critical thinking skills to resolve complex issues effectively. 2) Capable of prioritizing assignments, managing interruptions, and meeting deadlines in a fast-paced, growth-oriented environment.

Requirements and Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • CPA certification is required.
  • 10+ years of progressive accounting experience, including leadership roles in medium to large organizations (revenue of $500M+ preferred).
  • Extensive experience with U.S. GAAP, financial reporting, and internal controls.
  • Proficiency in accounting systems (e.g., SAP, Oracle, NetSuite) and advanced Excel skills.
  • Proven success in managing and developing high-performing accounting teams.
  • Exceptional attention to detail and ability to manage competing priorities.
  • Strong interpersonal and communication skills, with the ability to work cross-functionally and present financial information to non-financial stakeholders.

At R2Net, many of our roles offer a high-quality, comprehensive benefits package including healthcare, paid time off, retirement planning and opportunities for career advancement. Some offerings are dependent upon the role, employment type, work schedule or location:

  • Paid time off
  • Medical, Dental, Vision and Prescription Insurance
  • 401(k) Retirement Plan with company match
  • Flexible spending account
  • Health savings account
  • Tuition Reimbursement
  • Employee discount
  • Parental leave
  • Life insurance

Annual base pay: $160,000 - $210,000. Final pay rate shall be determined and is based on experience and qualifications.

At this time, R2NET will not sponsor a new applicant for employment authorization for this position.

Additional Information: R2NET INC. is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status or any other basis prohibited under applicable federal, state or local law. R2NET INC. will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.

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Average salary estimate

$185000 / YEARLY (est.)
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$160000K
$210000K

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What You Should Know About Director of Accounting, R2net

Are you ready to take on a leadership role in a dynamic and innovative jewelry company? R2Net is looking for a Director of Accounting who can blend their technical accounting expertise with strategic vision to drive our accounting operations forward. As a company that integrates technology with the diamond industry, you will oversee daily accounting activities, ensuring compliance with U.S. GAAP standards while fostering a collaborative team environment. Reporting to the Controller, your role will encompass everything from managing financial reporting and reconciliations to leading the monthly and year-end close processes. We're seeking an individual who not only has a solid foundation in accounting practices but also a passion for process improvement and team development. Your strategic insights will help guide financial policies and operational efficiencies that propel our company. At R2Net, you will have the chance to implement innovative automation initiatives to streamline workflows, collaborate cross-functionally with various departments, and manage audits while upholding internal controls. The ideal candidate should have a CPA, 10+ years of experience, and a knack for exceptional communication, planning, and problem-solving skills. Join us in revolutionizing the diamond industry while advancing your career in a supportive and thriving environment. Let's elevate the way we see and connect with diamonds together!

Frequently Asked Questions (FAQs) for Director of Accounting Role at R2net
What are the responsibilities of the Director of Accounting at R2Net?

The Director of Accounting at R2Net is responsible for overseeing daily accounting operations, ensuring compliance with U.S. GAAP, managing the financial reporting process, leading monthly and year-end close processes, and driving process improvements. This role also involves collaboration with cross-functional teams and providing accounting expertise on strategic initiatives.

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What qualifications do I need to be a Director of Accounting at R2Net?

To qualify for the Director of Accounting position at R2Net, you need a Bachelor’s degree in Accounting, Finance, or a related field, along with a CPA certification. Additionally, having over 10 years of progressive accounting experience, especially in leadership roles within medium to large organizations, is essential.

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How does the Director of Accounting role at R2Net contribute to the company's success?

The Director of Accounting contributes to R2Net’s success by ensuring financial accuracy and compliance while facilitating effective management reporting and strategic financial planning. Their leadership in refining accounting processes and automating initiatives supports operational efficiency and scalability, vital for the company’s growth.

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What skills are essential for the Director of Accounting at R2Net?

Essential skills for the Director of Accounting at R2Net include excellent communication capabilities, exceptional planning and organizational talents, strong leadership and teamwork skills, and outstanding problem-solving abilities. This combination ensures that the individual can effectively manage the accounting team and adapt to a fast-paced environment.

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What benefits does R2Net offer for the Director of Accounting position?

R2Net offers a comprehensive benefits package for the Director of Accounting position, including healthcare options, paid time off, a 401(k) retirement plan with company match, tuition reimbursement, employee discounts, and more. This benefits package is designed to support employees’ well-being and career growth.

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Common Interview Questions for Director of Accounting
Can you describe your experience with financial reporting as a Director of Accounting?

In answering this question, highlight your direct experience with financial reporting systems, including specific reports you have generated, how you ensure accuracy, and the processes you've implemented to enhance reporting efficiency.

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How do you ensure compliance with U.S. GAAP in your accounting practices?

Discuss your familiarity with U.S. GAAP and specific examples of how you monitor compliance, including training staff, conducting periodic reviews, and implementing internal controls to maintain standards.

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What strategies would you use to lead a high-performing accounting team?

Provide insights into your leadership style, focusing on strategies like mentorship, constructive feedback, and creating an environment where team members feel valued and motivated to succeed.

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How do you approach process improvements within the accounting function?

Talk about specific initiatives you've led to improve accounting processes, perhaps using examples of automation or new technologies that streamlined workflows and enhanced accuracy.

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What experience do you have managing audits?

Share details of previous audit experiences, including your roles in preparing for audits, working with external auditors, and managing any findings or recommendations.

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How do you prioritize tasks in a fast-paced accounting environment?

Explain your methods for time management and prioritization, such as using project management tools, setting clear goals, and regularly reassessing priorities based on deadlines and business needs.

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Can you discuss a complex financial issue you resolved?

Detail a specific instance where you faced a challenging financial issue, your analytical approach to resolve it, and the outcome you achieved to showcase your problem-solving skills.

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How do you ensure effective communication with non-financial stakeholders?

Discuss your strategies for conveying financial information clearly to stakeholders without an accounting background, such as using visuals and relating financial data to business outcomes.

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What role do you think technology plays in modern accounting?

Reflect on your thoughts about the importance of technology in accounting, mentioning any tools you are proficient in and how they contribute to efficiency and accuracy in financial management.

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How would you manage conflicts within your accounting team?

Describe your approach to conflict resolution, emphasizing the importance of open dialogue, addressing issues promptly, and fostering a collaborative team environment where everyone feels heard.

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R By R2net

At R2Net we go above and beyond to help each other excel in our work and together we are exceptional in committing to helping our clients get their money’s worth. We enjoy our organizational culture, where everyone knows everyone, enjoying each ot...

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Full-time, on-site
DATE POSTED
January 14, 2025

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