Technical Accounting Manager, Polestar
More information about location
Office located in Mahwah, NJ
Electric car manufacturer
Be an early applicant
Electric car manufacturer
1001+ employees
Be an early applicant
More information about location
Office located in Mahwah, NJ
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
- 5+ 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
- Experience leading staff through the documentation of complex accounting positions in comprehensive memorandums by reference to the relevant regulations and guidance
- Experience managing staff under compressed timelines to meet financial reporting deadlines that are common amongst publicly listed U.S. companies
- Willingness and desire to teach and develop accounting staff
- 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 technical accounting manager at Polestar you will specialize in financial reporting, complex technical accounting matters, and the preparation of our consolidated financial statements
- You will also support Polestar’s consolidated group with consolidation, revenue recognition, share-based compensation, financial instruments, and other key topics
- As a manager, you will be expected to help grow Polestar’s financial reporting and technical accounting capabilities through staff development, teaching, and leading review of analyses
- You will be expected to mentor your staff and build relationships with other areas of the business such as legal, tax, sales, treasury, and human resources as it will be critical to success in this role
- This position will sit amongst a growing global finance reporting and technical accounting team operating in our Gothenburg HQ
- This role is based in our Mahwah, New Jersey office and reports into the Director of SEC Reporting & Technical 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)
- Manage the preparation of 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
- Manage staff through evaluation and documentation of 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
- Establish working relationships with various members of other departments, including sales, legal, tax, treasury, human resources, and group accounting
- 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
- 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. The company currently produces two car models, the Polestar 2 compact and the Polestar 3 SUV, with three more vehicles scheduled to start production over the next few years.
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 values
- Passion for sustainable electric mobility
- Never settling or compromising
- Innovation is a team effort
Company HQ
Västra Götaland, Sweden
Articles
Leadership
Thomas Ingenlath
(CEO)Also the chief design officer and senior vice president of design for Volvo car group. Previously worked as lead designer for Volkswagen and design director for Skoda auto.
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