Senior Manager, Technical Accounting & Treasury

Category: Accounting Location: Pleasanton Job ID: 17990 Date Posted: August 1st, 2019

 

JOB DESCRIPTION

The role is a critical member of the Assistant Controller’s staff ensuring effective business engagement in the Company’s debt, equity and technical accounting and M&A activities.  This role will coordinate with General Accounting, legal, FP&A, Corp Development to ensure accurate and timely financial statements and debt compliance and quality M&A evaluation and integration. 

 

  • Technical Accounting and Accounting Policy Update and Maintenance: 50% of time currently – all technical memos for transaction and equity forthcoming in near term; will probably settle at 15-20%
    • Review material supplier and other agreements and determine proper accounting treatments (e.g. AWS)
    • Monitor regulatory activities and new guidance to ensure accurate GAAP accounting
    • Draft and update accounting policies and procedures, maintain accounting policies ongoing in line with the business and regulatory changes
    • Implement new accounting pronouncements and train individuals affected
    • Maintain corporate procurement, disbursement and treasury policies
  • Equity accounting: 20% of time – no system admin time or Q&A contemplated; includes monthly entries and coordination of payout
    • Own accounting for all equity transactions and equity instruments including preferred stock and preferred stock dividend accounting
    • Review stock compensation entries
    • Maintain cap table
    • Prepare accounting analysis for new awards and/or modifications to existing awards as needed
  • Debt Accounting and Treasury 30% – debt reporting (organizing support for adjs), 10% cash reporting and forecasting; 15% monthly close entries
    • Own accounting for debt
    • Maintain cash burn calculations and cash forecast
    • Manage cash balances, interest rate locks, credit line drawdowns/payments
    • Coordinate and review debt compliance packages
    • Manage operating/commercial banking relationships and account structure
    • Maintain the Company’s investment policy
    • Work with FP&A and Accounting to forecast cash needs and invest excess cash in accordance with our investment policy to maximize investment earnings
    • Maintain supporting documentation for all management adjustments
    • Maintain bank user and payment administration, approve wires
  • Accounting lead for M&A –time commitment dependent on level of M&A; due diligence, PPA
    • Coordinate confirmatory accounting due diligence
    • Coordinate and/or prepare Quality of Earnings Calculations
    • Coordinate entity valuation and purchase price accounting process, and record entries
    • Lead accounting integration activities, report plans and progress to M&A PMO
    • Prepare periodic impairment analyses

 

Qualifications:

  • 8 – 10 years general accounting experience with emphasis on technical accounting
  • CPA, Big 4 accounting firm experience a must
  • Technical accounting expertise in the areas of business combinations, equity and stock compensation,  goodwill and asset valuation/impairment, lease accounting, etc.
  • Experience and ability to analyze and implement new accounting standards a must
  • Treasury management and debt accounting experience a plus
  • Ability to analyze volumes of information and summarize into cohesive positions and polices that can be understood by non-accounting members is preferred
  • M&A diligence and valuation experience a plus
  • Excellent communication and organizational skills required to interact with peers and teammates for cross functional alignment

 

 

 

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