Senior Manager of Accounting, WorkFusion
$90-125k
1-2 days a week in office (Midtown NYC office, US)
Intelligent process automation software
Job no longer available
Intelligent process automation software
201-500 employees
Job no longer available
$90-125k
1-2 days a week in office (Midtown NYC office, US)
201-500 employees
Company mission
WorkFusion's mission is to accelerate the world’s transition to more meaningful work.
Role
Who you are
- Minimum Experience: Mid-level
- An ideal candidate will have a blend of smaller, entrepreneurial, and larger, more structured company experiences and appreciation for the transitions during rapid growth phases
- Bachelor’s or Master’s degree in Accounting or Finance; advanced degree a plus but not required
- CPA required
- A minimum of 7 years of accounting experience, preferably with both national public accounting and private accounting, experience
- Software industry or high-growth technology company experience a strong plus
- Experience with NetSuite ERP system required
- Experience with Avalara, Expensify, Carta, SFDC, & Adaptive Insights a plus
- Strong technical skills (GAAP and SEC reporting)
- Relevant Sarbanes-Oxley experience a plus
- Strong proficiency in MS Office with advanced skills in Excel
- Excellent oral and written communication skills including presentation skills
- Team player, ability to thrive in team-oriented workplace that encourages active collaboration and cooperation to achieve continuous improvement and high performance
- Deadline driven with highest possible accuracy
- Management experience is required
- Ability to prioritize and manage time efficiently
- Excellent organizational skills, including the ability to manage multiple tasks/activities simultaneously required
- Strong track record of problem solving, strategic creative thinking and business communication skills required
What the job involves
- WorkFusion is seeking a Senior Manager, Accounting, who will be responsible for all accounting matters and oversee our global accounting operations
- The Senior Accounting Manager will be responsible for assisting in the evaluation and implementation of new accounting standards and ensuring the application of US GAAP to complex transactions
- Other responsibilities include serving as a subject matter expert for all accounting questions; performing technical accounting research, drafting accounting policies and writing accounting position memoranda
- In this capacity, the Senior Manager, Accounting will highly leverage and manage a small team in Warsaw, Poland
- This is a full-time position and reports to the VP of Finance
- Ideally, the candidate will be able to work in our midtown NYC office 1-2 days per week
- Coordinate accurate and timely month-end close processes in accordance with accounting close calendar (monthly, quarterly, and annual), including review and approval of relevant monthly journal entries and account reconciliations
- Prepare monthly internal financial statements
- Assist in the company’s treasury operations with a focus on segregation of duties
- Responsible for all ASC 606 revenue recognition documentation and reporting during month end close
- Manage the Company’s annual US financial and 401K Audits
- Improve and implement best practices across the monthly closing processes
- Develop and maintain effective internal control processes
- Manage the tax compliance and tax provision function via 3rd party advisors globally
- Help manage payroll, payroll recording and equity administration
- Understand new accounting standards, assess the implications, if any, for the Company, and execute adoption as appropriate, including communication, documentation and training
- Contribute to the preparation of timely, accurate and meaningful internal and external financial statements and management reports
- Provide technical accounting support for ongoing business activities, including conducting research, documenting processes, and forming conclusions in all areas, including stock-based compensation, debt, equity, leases etc
- Provide training to accounting team for current policies, new / updated accounting guidance, and other complex areas of accounting
- Partner with business unit leaders on review of customer contracts and perform initial conclusions of appropriate revenue recognition treatment
- Participate in ad hoc projects requiring specialized accounting
- Develop strong business partnerships with business unit, departmental and internal financial leadership teams
- Manage team members’ performance including objectives setting, assessments, and formal reviews
Our take
Is AI coming for your job? According to Adam Famularo, WorkFusion's CEO, it probably is. But that isn't necessarily (or even probably) a bad thing: as a tool, AI is capable of relieving people of a lot of the fiddly but repetitive work we spend a lot of our days doing, freeing us up for more productive tasks.
WorkFusion combines AI, automation, analytics and optical character recognition into a single package that can augment workers dealing with repetitive processes that previously needed human attention. While this kind of intelligent process automation has grown into a big business in recent years - Automotion Anywhere and Blue Prism have secured large amounts of funding, and IBM and Microsoft have made major acquisitions in this area - WorkFusion's specialization in the banking and insurance sectors with their unique compliance needs helps it stand out.
Having secured a large amount of funding at a valuation exceeding $1 billion in 2021, and a customer base including the likes of Deutsche Bank, Hewlett Packard Enterprise and ScotiaBank, WorkFusion is working towards expanding its client base and expanding its headcount as it aims to extend its market lead in this sector.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
Mar 2021
$220m
SERIES F
Apr 2018
$50m
SERIES E
Total funding: $343.6m
Company benefits
- Employee financial assistance programs
- Work from home opportunities
- Comprehensive health coverage
- Home office and communications reimbursements
Company values
- Customer First
- Act with Urgency
- Accountable for Real Results
- Celebrate Success and Learn from Failure
- Innovation Everywhere
Company HQ
Financial District, New York, NY
Articles
Leadership
Adam Famularo
(CEO, not founder)Was previously CEO of erwin and Vice President, Global Channels for Verizon Enterprise Solutions. Before that was Senior Vice President, Partner Sales at CA Technologies.
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