Financial Reporting Manager, WeWork
Shared workspace community & office services
Open for applications
Shared workspace community & office services
1001+ employees
Open for applications
1001+ employees
Company mission
To create environments where people and companies come together and do their best work.
Role
Who you are
- ACA/ACCA qualified
- 5+ years of accounting and financial reporting experience
- Experience either working closely with auditors or as an auditor is highly desirable
- IFRS reporting experience
- Basic knowledge of US GAAP preferred
- Experience working with multinational companies and global markets preferred
- Ability to independently oversee several projects with competing priorities at a given time
- Excellent problem solving and analytical skills; confident decision-making capabilities
- Exceptional verbal and written communication skills
- Expertise in Microsoft Excel
- Knowledge of Workday and Alteryx is a plus
What the job involves
- WeWork is seeking a Manager of Financial Reporting based in London to be part of the EMEA statutory reporting team reporting directly to the EMEA Senior Manager of International Financial Reporting and indirectly to the HQ Director of International Reporting based in New York
- The EMEA statutory reporting team is responsible for the financial statement preparations, audits, and filings of more than 200 statutory financial statements across 20 jurisdictions annually
- This position will oversee several projects at any given time and work cross-functionally with internal departments and external service providers to ensure WeWork remains compliant with the EMEA statutory financial reporting requirements
- We are looking for a candidate with expertise in IFRS and strong people management skills who will adapt well in a rapidly changing environment
- Own, execute, and deliver on statutory reporting requirements across multiple EMEA-based entities
- Provide direction to IBM resources for audit support
- Oversee the execution of each project and recognize and resolve project roadblocks
- Ensure team communications with external service providers are efficient, precise, and effective
- Summarize and report on project status weekly (at a minimum) with the HQ reporting team
- Flag new disclosure requirements, draft new disclosures, and modify outdated disclosures, with assistance of EMEA Senior Manager of International Financial Reporting
- Review US GAAP to local GAAP statutory trial balance adjustments for accuracy and completeness
- Perform financial statement reviews, provide reports to EMEA Senior Manager of International Reporting and HQ Director of International Financial Reporting for review, and work to address all comments before reports are distributed to executives, directors, and communications team members
- Prepare and summarize complex audit areas such as impairment, AR reserves, lease modifications, going concern, etc. with assistance from the EMEA Senior Manager of International Financial Reporting and liaise with the technical accounting team as needed
- Negotiate service provider fees and oversee contracting logistics
- Make key decisions on a day-to-day basis to ensure continued project progression and escalate significant decisions with EMEA Senior Manager of International Financial Reporting
- Coordinate cross-functionally with accounting, tax, legal, treasury, finance, payroll real estate, people ops, etc
Salary benchmarks
Our take
WeWork is a commercial real estate company that pioneered the shared workspace market, providing spaces for anyone from freelancers to Fortune 500s. Traditional leases typically require businesses to commit to an office for 5-10 years, whilst WeWork allows its members to scale up from a single hot desk to a private office or custom-built suite, depending on their needs.
WeWork has hundreds of locations across the globe, with hundreds of thousands of members. While its initial rapid growth and dominance in key global hubs was impressive, it has since had to scale back and strategically re-align itself in an unstable economic climate.
There is certainly still potential for WeWork to see renewed growth and success, especially as remote and hybrid working continues to be popular. That said, observers will have to wait to see the eventual affect of its restructuring - and only time will tell what the company's future looks like.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 15 rounds)
Jan 2019
$1bn
SERIES H
Nov 2018
$3bn
GROWTH EQUITY VC
Total funding: $12.4bn
Company benefits
- Health and dental insurance
- Free breakfast everyday
- Flexible working hours
- Work from home opportunities
Company values
- Do The Right Thing - We know the “right thing” is a deliberate action we must always take
- Strive To Be Better, Together - We’ve always believed that we are better together
- Be Entrepreneurial - To reshape the way the world works, we must be bold, act with courage, and demonstrate resiliency
- Give Gratitude - We will not take anyone or anything for granted
- Be Human, Be Kind - Collaboration, kindness, and authenticity are essential to our humanity
Company HQ
Chelsea, New York, NY
Articles
Leadership
David Tolley
(CEO, not founder)Also Co-Chief Restructuring Officer and CFO at Intelsat. Previously worked at Stonepeak Infrastructure Partners as a Senior Advisor.
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