Head of Accounting

The Head of Accounting at Traba is responsible for overseeing multi-entity accounting operations, ensuring compliance with financial regulations, and implementing payroll management systems for both 1099 contractors and W2 employees. They also develop accounts receivable processes for client businesses and create financial controls that provide leadership with insights into key marketplace metrics.

To qualify for the Head of Accounting position at Traba, candidates must hold a CPA certification and have over 8 years of accounting experience. A strong knowledge of multi-entity operations, GAAP, ASC 606, and relevant financial compliance regulations is crucial. Proficiency in accounting software that can manage complex financial flows is also required.

Traba establishes rigorous financial processes and reporting frameworks that adhere to compliance standards under GAAP and ASC 606. The Head of Accounting will implement systems that manage 1099 contractor payments and W2 employee payroll while ensuring that classifications meet regulatory requirements, thus reducing risks associated with non-compliance.

The Head of Accounting at Traba will enjoy a comprehensive benefits package, including competitive salaries, start-up equity, 100% paid health, dental, and vision coverage, flexible PTO, and unique perks like dinner provided via DoorDash and team-building events. These benefits reflect Traba's commitment to the well-being and growth of its employees.

Traba boasts a dynamic and ambitious culture focused on growth and innovation. The company encourages a growth mindset, embraces an Olympian work ethic, and is dedicated to customer obsession. The Head of Accounting will find an environment that thrives on collaborative teamwork, learning from challenges, and supporting each other to achieve both personal and organizational goals.

When managing multiple entities, it's crucial to establish robust accounting processes that can handle intercompany transactions accurately. Utilize accounting software that supports multi-entity functionality and develop clear communication channels among the entities to ensure transparency in financial reporting.

ASC 606 is crucial for revenue recognition as it standardizes how revenue is recorded across industries. Understanding its principles allows you to properly recognize marketplace transaction fees and service revenues, which is essential for maintaining compliance and providing accurate financial statements.

I prefer accounting software that offers flexibility and scalability, such as QuickBooks or NetSuite. These tools provide robust reporting features and can efficiently handle complex financial transactions—vital for a role like Head of Accounting that involves multi-entity operations.

Accuracy in payroll management is achieved through meticulous record-keeping, regular audits, and using reliable payroll management systems. Additionally, staying updated on employment laws and classification regulations is essential to ensure compliance and reduce discrepancies.

I focus on establishing a clear accounts receivable process that aligns with contractor payment cycles to minimize cash flow disruptions. It’s important to regularly review cash flow forecasts and maintain open communication with all entities to anticipate any financial challenges ahead.

In my previous role, I encountered discrepancies between intercompany transactions across multiple entities. By conducting a thorough reconciliation process and implementing new verification protocols, we significantly reduced errors, which improved our financial reporting integrity and boosted stakeholder confidence.

To stay current on accounting regulations, I subscribe to industry publications, participate in professional networks, and attend relevant workshops and webinars. Continuous learning is crucial in accounting, especially with ongoing changes in regulations and standards.

I adopt a comprehensive and transparent approach to develop financial reports. This includes collaborating with different departments for insights, clearly outlining key metrics, and ensuring that reports are user-friendly so stakeholders can easily interpret the financial health of the business.

I have extensive experience leading financial audits, which includes preparing necessary documentation, coordinating with auditors, reviewing internal controls, and addressing any feedback for improvement. My proactive approach ensures that audits are smooth and compliant with all regulations.

I am drawn to Traba’s mission of transforming the staffing industry and empowering workers. I believe my expertise in multi-entity accounting aligns perfectly with Traba's innovative approach. I am excited about the opportunity to make a significant impact in a growing company that values ambition and collaboration.