Director of Accounting, Buzzfeed
$150-185k
2 days a week in office
Social news organization
Be an early applicant
Social news organization
1001+ employees
Be an early applicant
$150-185k
2 days a week in office
1001+ employees
Company mission
BuzzFeed's mission is to make the internet better by providing trusted, quality, brand-safe news and entertainment to hundreds of millions of people; making content more inclusive, empathetic, and creative; and inspiring its audience to live better lives.
Role
Who you are
- The ideal candidate will have experience working in a multi-entity global environment and exceptional analytic, management, communication, and technology skills. The role will report to the Assistant Controller
- The ideal candidate will set a tone for excellence and lead by example. You’ll bring energy and passion to a dynamic environment, inspiring those around you and building strong team connections
- Bachelor’s degree in Accounting or related field. CPA certification is strongly preferred
- Minimum of 7+ years of progressive accounting experience, including public company experience
- Proven experience leading and developing teams, especially in a dynamic, fast paced global environment
- Must be proficient in Excel and have experience with Netsuite and Concur
- Excellent analytical, problem-solving, and decision-making skills. Ability to think outside the box, comfortable with ambiguity and providing suggestions and guidance
- Excellent organization skills and superior attention to detail including the ability to manipulate and interpret large amounts of data
- Self-starter, independently motivated with a proactive approach and the ability to motivate and inspire others
- Exceptional communication and interpersonal skills with a collaborative, team-oriented mindset
What the job involves
- BuzzFeed is looking for an experienced and detail-oriented Director of Accounting to join our team based in our New York office
- This is a full-time, hybrid position, with the expectation of commuting to our New York City office at least twice a week
- You’ll play a key role in driving accuracy, efficiency, and engagement across our global accounting organization, empowering your team to grow and fostering a culture of accountability and collaboration
- Lead and mentor the Global Operating Expense accounting teams, fostering collaboration and continuous improvements
- Oversee the monthly and quarterly financial close process for Global Operating Expense functions while providing timely and accurate reporting including flux analyses to senior management
- Review and approve journal entries, reconciliations, and variance analysis
- Own capitalized software and oversee payroll accounting, including salaries, commissions, bonuses, and benefits
- Oversee end-to-end Procure-to-Pay process, including vendor onboarding and reviewing new vendor contracts, invoice processing, intercompany cash transfers, and payment execution
- Own fixed asset accounting, including capitalization, depreciation, and asset tracking in accordance with company policy and accounting standards
- Enhance existing company procedures to align with best practices around Global Operating Expense procedures. Identify opportunities to streamline and increase efficiency and accuracy
- Communicate information and prepare reporting for management in a concise manner and work with individuals at all levels within the organization
- Serve as an escalation point to resolve problems or inconsistencies, ensuring effective problem-solving with a continuous process-improvement mindset
- Partner with cross-functional teams including IT to implement process and technology enhancements
- Partner with FP&A, HR, and Legal on financial processes, tax implications, and compliance matters
- Collaborate with the SOX team to ensure controls are designed and operating effectively across all responsibilities
- Coordinate auditor requests for quarterly reviews and year-end audits
- Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships
Our take
BuzzFeed is an international media company reaching hundreds of millions of readers each month. The company started life as a platform for viral media, and quickly became known for its online quizzes, listicles, and pop culture articles. At its height, the platform received over 1 billion page views each month.
In 2011, the company launched BuzzFeed News, which won multiple accolades including the National Magazine Award and the George Polk Award before the 2023 announcement it would be shutting down. The closure of its News arm comes alongside similar troubles amongst its online news peers, and has been spurred along by a tough economy, a declining stock market, a slowdown in digital advertising, and changing audience habits.
Despite this considerable blow to its operations, BuzzFeed will continue its presence across YouTube, podcasting and other content, with hopes it will bounce back in the upcoming years. Interestingly, it was announced that HuffPost - which the company bought in 2020 - will continue to publish news as it remains profitable.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
1% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jun 2021
$150m
CONVERTIBLE
Nov 2016
$200m
SERIES G
Total funding: $646.3m
Company benefits
- Work from home opportunities
Company HQ
Gramercy Park, New York, NY
Leadership
Jonah Peretti
(CEO)Co-founder of the Huffington Post (alongside Arianna Huffington).
Salary benchmarks
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