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Director of Accounting

Rescale is high performance computing built for the cloud. We empower engineers while giving IT security and control. From supersonic jets to personalized medicine, industry leaders are bringing new product innovations to market with unprecedented speed and efficiency. Rescale is a cloud platform delivering intelligent full-stack automation and performance optimization. IT leaders use Rescale to deliver HPC-as-a-Service with a secure control plane to deliver any application, on any architecture, at any scale on their cloud of choice.

We are seeking a highly motivated and experienced Director of Accounting to join our team.

Role Overview:

The Director of Accounting is a critical leadership position within the finance department, driving the accuracy and efficiency of our accounting operations. In this role, you will be responsible for leading our accounting operations, ensuring the accuracy and integrity of our financial records, and providing strategic financial insights to drive our business forward. The ideal candidate possesses a strong technical accounting foundation, exceptional communication and leadership skills, and the ability to excel in a fast-paced environment.

Responsibilities:

  • Accounting Operations:

    • Oversee and guide daily accounting operations, including general ledger accounting, accounts payable and receivable, and month-end and year-end close processes.

    • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and all relevant regulations.

    • Develop and maintain accounting policies and procedures to ensure effective and efficient internal controls.

  • Financial Reporting:

    • Prepare and review monthly, quarterly, and annual financial statements for internal and external stakeholders.

    • Analyze financial data and provide insights to management on key performance indicators and trends.

  • Revenue Recognition:

    • Oversee the revenue recognition process, ensuring compliance with ASC 606 and other relevant guidance.

    • Review customer contracts and assess proper revenue recognition treatment.

    • Work closely with sales and legal teams to address revenue recognition matters.

  • Audit and Tax Support:

    • Oversee and manage the annual financial audit and income tax preparation processes.

    • Oversee audit schedules and support internal audits.

    • Ensure compliance with SOX requirements.

  • Team Leadership:

    • Cultivate a collaborative and high-performing team environment.

    • Effectively delegate tasks and monitor team performance.

    • Mentor and develop the team, preparing them for future growth within the organization.

  • Process Improvement:

    • Identify opportunities to streamline and automate accounting processes.

    • Implement process improvements to enhance efficiency and accuracy.

    • Stay abreast of best practices in accounting and technology.

    • Proactively seek out opportunities to improve and scale financial systems and processes in anticipation of future growth and the transition to the Controller role.

Qualifications:

  • Education: Bachelor's degree in Accounting or related field; CPA preferred.

  • Experience: 10+ years of progressive accounting experience, including experience in a leadership role.

  • Technical Skills: Strong technical accounting knowledge, GAAP expertise, and in-depth understanding of revenue recognition principles (ASC 606). Experience with NetSuite is required.

  • Leadership Skills: Proven ability to lead, inspire, and develop a high-performing team.

  • Communication Skills: Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders across the organization.

  • Problem-Solving Skills: Strong analytical and problem-solving skills, with a proactive and solutions-oriented approach.

Diversity, equity, inclusion and belonging are fundamental to our success. We strive to be a workplace where we: 

  • Welcome ALL and ALL are welcome.

  • Show up with our whole selves or whichever parts of ourselves we’re comfortable sharing, and be ready to see the same in others. 

  • Be ready to learn, unlearn, and learn again. 

  • Respect others and their opinions. We practice empathy in the way we interact with each other and celebrate uniqueness as a team. 

  • Seek to understand - ask more questions than one makes statements.

  • Provide safety from judgment and preserve a collaborative environment.

Rescale is an equal opportunities employer and welcomes applications from all qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age. As part of our standard hiring process for new employees, employment with Rescale will be contingent upon successful completion of a comprehensive background check.  

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Joris Poort
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Average salary estimate

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What You Should Know About Director of Accounting, Rescale

At Rescale, we're redefining high-performance computing powered by the cloud, and we're on the lookout for a passionate and experienced Director of Accounting to join our dynamic team. In this pivotal leadership role, you'll oversee our accounting operations, ensuring that our financial records are not just accurate but exemplary. You’ll take charge of everything from managing daily accounting activities to preparing financial statements that will inform strategic decisions across the organization. Your guidance will ensure we stay compliant with GAAP and other regulations, while your technical expertise will shine through in the oversight of our revenue recognition processes. At Rescale, collaboration is key. You will work closely with other departments—such as sales and legal—to address revenue matters and support our annual financial audits. With a strong focus on mentoring, you’ll cultivate a high-performing team environment that fosters growth and development. As we look to enhance the efficiency of our accounting processes, your insight and proactive approach will help us innovate and scale. If you have a solid background in accounting, a knack for leadership, and a desire to make a significant impact in a fast-paced, tech-oriented environment, we want to hear from you!

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

The Director of Accounting at Rescale is responsible for overseeing daily accounting operations, ensuring compliance with GAAP, preparing financial statements, managing revenue recognition processes, and leading the team. This key position promotes accuracy, efficiency, and strategic financial insights.

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What qualifications are required for the Director of Accounting role at Rescale?

Candidates for the Director of Accounting position at Rescale should possess a Bachelor's degree in Accounting or a related field, ideally a CPA. Moreover, applicants should have at least 10 years of progressive accounting experience, including leadership roles, demonstrating strong technical accounting knowledge.

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How does the Director of Accounting contribute to financial reporting at Rescale?

The Director of Accounting plays a critical role in preparing and reviewing financial statements for internal and external stakeholders. They analyze financial data, providing insights into key performance indicators while ensuring compliance with relevant regulations.

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What is the work environment like for a Director of Accounting at Rescale?

At Rescale, the work environment for the Director of Accounting is collaborative and dynamic. The company values diversity, equity, and inclusion, promoting a workplace where every voice is heard, and team members can express themselves freely while striving for personal and professional growth.

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What software knowledge is preferred for the Director of Accounting role at Rescale?

Experience with NetSuite is required for the Director of Accounting role at Rescale, along with a strong understanding of GAAP and revenue recognition principles (ASC 606). Familiarity with advanced accounting software enhances operational efficiency and accuracy.

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Common Interview Questions for Director of Accounting
Can you describe your experience with GAAP compliance as the Director of Accounting?

In answering this question, emphasize your thorough understanding of GAAP principles and specific experiences where you ensured compliance within your team. Highlight any challenges you faced and how you overcame them.

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How do you handle discrepancies in financial records?

Discuss your methodical approach to investigating discrepancies. Share specific examples and your problem-solving techniques that led to resolution and prevention of future errors.

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What strategies do you implement for effective team leadership?

Share your philosophy on leadership, including communication tactics and ways you inspire team growth. Mention any successful initiatives that led to improved team performance.

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How do you stay updated on changes in accounting regulations?

Describe the resources you utilize—such as industry publications or professional organizations—to keep abreast of regulatory changes. Highlight any ongoing education or training you've taken part in.

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Can you provide an example of a revenue recognition challenge you faced?

When addressing this question, recount a specific situation regarding revenue recognition, the steps you took to address it, and how your actions aligned with ASC 606 standards.

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Describe your experience with financial audits.

Detail your past roles in overseeing financial audits, emphasizing your collaboration with external auditors, your understanding of audit processes, and your approach to maintaining audit readiness.

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How do you prepare financial statements for stakeholders?

Focus on your process for gathering and analyzing data to prepare accurate financial statements. Discuss how you ensure your statements are clear and provide valuable insights to stakeholders.

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How do you ensure effective internal controls within your accounting team?

Describe your approach to developing and maintaining internal controls. Provide examples of controls you've implemented that improved efficiency and reduced risk.

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What is your approach to mentoring within your accounting team?

Discuss how you assess individual team member’s strengths and weaknesses and how you tailor mentorship strategies accordingly to foster their growth and career progression.

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How would you describe your communication style with cross-functional teams?

Highlight your ability to adapt your communication style to different audiences. Share experiences where effective communication with non-accounting teams resulted in successful outcomes.

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Rescale provides the largest, most secure, global HPC footprint seamlessly integrated into an easy-to-use platform built for engineers and scientists.

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Badge Diversity ChampionBadge Flexible CultureBadge Future MakerBadge Rapid Growth
CULTURE VALUES
Feedback Forward
Growth & Learning
Collaboration over Competition
Inclusive & Diverse
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 11, 2025

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