Senior Technical Accountant, Polestar
More information about location
3+ days a week in office (Mahwah, New Jersey)
Electric car manufacturer
Be an early applicant
Electric car manufacturer
1001+ employees
Be an early applicant
More information about location
3+ days a week in office (Mahwah, New Jersey)
1001+ employees
Company mission
To improve the society we live in by guiding the automotive industry forward through pure, progressive, performance.
Role
Who you are
- 3+ years of transaction advisory experience at a Big 4 accounting firm or equivalent
- Bachelor's or Master's degree in Accounting
- Active CPA license
- Knowledge of IFRS, US GAAP, and SEC reporting requirements and regulations
- Knowledge of key accounting concepts such as revenue recognition, intangible assets, R&D, consolidation, debt, equity, and stock-based compensation
- Ability to thoroughly and logically document accounting positions in comprehensive memorandums by reference to the relevant regulations and guidance
- Experience reviewing complex contracts, researching the related technical accounting matters, evaluating the accounting implications, and presenting your conclusions in detail
- Extraordinary communication skills both written and verbal
- Understanding of consolidated financial statements, including the ability to articulate how certain transactions impact the financial statements in the period of initial recognition and subsequent periods
- Experience with automotive or technology companies is a plus
- Experience at the FASB or IASB is a plus
- Willingness and ability to travel internationally if required
What the job involves
- As a senior technical accountant at Polestar you will work alongside headquarters and specialize in complex technical accounting matters, financial reporting, and assist in the preparation and review of our consolidated financial statements prior to their issuance
- You will also support areas including Polestar’s US sales unit by collaborating with stakeholders in the market to operationalize technical accounting matters and ensure appropriate compliance with IFRS
- You will also support Polestar’s consolidated group with consolidation, revenue recognition, share-based compensation, financial instruments, non-standard transactions, and other key topics
- You will be expected to build relationships with other areas of the business such as legal, tax, sales, treasury, operations, and human resources as it will be critical to success in this role and accurate reporting
- This position will sit amongst a growing global finance reporting and technical accounting team operating in our Gothenburg HQ
- Evaluate and document accounting and financial reporting considerations across various accounting topics under IFRS
- Monitor new accounting pronouncements and research technical accounting issues to assist with determining the impact on the business, financial statements, and disclosures
- Collaborate with key teams across the business, including legal, treasury, R&D, internal control, business development, and FP&A as part of the operational and technical implementation of new transactions or agreements
- Prepare finance manuals which provide guidance to the business controllers on how to account for standard agreements and transactions (e.g., revenue recognition, accruals accounting, inventory net realizable value…)
- Establish working relationships with various members of other departments, including sales, legal, tax, treasury, human resources, and group accounting
- Assist with the timely preparation and review of financial information filed with the SEC (Forms F-1, F-3, 20-F, and 6-K for a foreign private issuer)
- Assist with preparing and reviewing the management discussion and analysis and consolidated financial statements, including footnotes and underlying support workbooks
- Assist in the quarterly and year-end close process, ensuring timeliness and compliance with IFRS
- Liaise with external and internal auditors as needed to ensure smooth audit processes and ensure compliance with Sarbanes-Oxley controls
- Participate in special projects and/or other ad-hoc assignments
Our take
Polestar is a premium electric performance car brand based in Sweden as a joint venture between Volvo Cars and Geely Holdings. Founded in 2017, the company has cars on the road across Europe, North America and Asia.
What sets Polestar apart from other brands is its asset-light business model and a digital first, direct to consumer approach, enabling customers to browse their products and place orders online without the need for a showroom or dealership.
With the rise in electric cars as a sustainable alternative to family cars, it’s clear to see Polestar is in a great position to manage the global shift away from fossil fuels and ride out the wave into a more sustainable, greener future.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (1 round)
Apr 2021
$500m
GROWTH EQUITY VC
Total funding: $500m
Company benefits
- Hybrid work
Company HQ
Västra Götaland, Sweden
Leadership
Thomas Ingenlath
(CEO)Also was Chief Design Officer and still is Senior VP of Design for Volvo Car Group. Previously worked as Lead Designer for Volkswagen and Design Director for Skoda Auto.
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