Senior Technical Accounting Manager, Tekion
$144-195k
+ Bonus + Equity
4 days a week in office (Pleasanton, CA)
Cloud-native platform for the automotive retail industry
Be an early applicant
Cloud-native platform for the automotive retail industry
1001+ employees
Be an early applicant
$144-195k
+ Bonus + Equity
4 days a week in office (Pleasanton, CA)
1001+ employees
Company mission
To build the world's best business applications in the cloud.
Role
Who you are
- Bachelor’s degree in accounting, Finance, or a related field. A CPA (Certified Public Accountant) or other relevant professional certifications are preferred
- 5+ years of experience in accounting, including exposure to technical accounting issues and financial reporting
- 2+ years of public accounting experience
- Private industry experience in technical accounting to support the business to modify or change their contracting terms to meet our revenue recognition goals
- Experience working within a software or technology company
- Strong understanding of accounting standards (e.g., GAAP, IFRS) and their application
- Analytical skills and the ability to research complex accounting issues
- Excellent communication skills, both written and verbal, to convey technical accounting information to non-accounting stakeholders
- Attention to detail and the ability to work independently
- Experience with accounting software and tools
- Knowledge of SOX compliance and internal controls is often a plus
What the job involves
- The Manager of Technical Accounting plays a vital role in overseeing and managing the technical accounting aspects of the company's financial reporting
- This role is responsible for interpreting and applying accounting standards, researching complex accounting issues, and ensuring compliance with regulatory requirements
- This role requires a deep understanding of accounting principles, strong analytical skills, and the ability to adapt to changing regulations and standards
- Accounting Standard Interpretation: Stay up to date with evolving accounting standards (e.g., GAAP, IFRS) and regulatory changes and provide guidance to the company on their impact
- Research and Analysis: Conduct in-depth research on complex accounting issues and provide recommendations for the appropriate accounting treatment. This may include topics like revenue recognition, lease accounting, and fair value measurements
- Policy Development: Develop and maintain accounting policies to ensure alignment with accounting standards and best practices. Partner with the Finance Operations Team to design and implement the requisite processes and policies to ensure compliance with the applicable Accounting Standards
- Financial Reporting: Assist in preparing financial statements and disclosures in accordance with accounting standards. Review and approve financial reports for compliance and accuracy
- Technical Guidance: Act as a resource for the finance and accounting teams, providing guidance and training on technical accounting matters
- Audit Support: Collaborate with internal and external auditors during financial audits, providing documentation and explanations for accounting treatment and disclosure matters
- Mergers and Acquisitions: Assess the accounting implications of mergers, acquisitions, and other business transactions. Ensure compliance with acquisition-related accounting standards
- Risk Assessment: Identify and assess accounting-related risks and recommend strategies to mitigate these risks
- Regulatory Compliance: Ensure, where and when applicable, that the organization complies with all relevant accounting regulations, including Sarbanes-Oxley Act (SOX) requirements
Our take
Car dealerships suffer from an inefficiency problem. The paperwork and administration required to complete a sale requires dealers to manage a disjointed set of various software applications. Tekion is offering an enticing remedy - a cloud-based automative retail system that integrates the various software applications in a single infrastructure.
Competition has been strong, with rivals CDK Global and Reynolds & Reynolds offering a competitive raft of features, and benefitting from strong prior relationships with dealerships.
Tekion, however, has nevertheless secured customers for the software in 28 states - likely in part due to the efficiency of partnering with a single growing service as opposed to a disparate spread. The company is sparking interest from the right places too, with partners including GMC, Chrysler, and Chevrolet.
If the founders can leverage their experience at Tesla in improving efficiency, the system could prove a highly competitive newcomer with real potential for global spread. A reduction in processing time and paperwork is a hard proposition for dealerships to refuse.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Jul 2024
$200m
GROWTH EQUITY VC
Oct 2021
$250m
SERIES D
Total funding: $635.1m
Company benefits
- Competitive compensation and generous stock options
- 100% employer-paid top-of-the-line medical, dental and vision coverage
- Great benefits including unlimited PTO, parental leave and free snacks and beverages
- The opportunity to work with some of the brightest minds from the Silicon Valley’s most dominant and successful companies
- Be part of an early stage, hyper-growth startup with the opportunity to grow and prosper
- Work on the latest and coolest technologies – everything is home-grown and built ground-up
- Dynamic work environment with a strong sense of community and collaboration
- Open and transparent culture that encourages innovation, rewards performance and discourages hierarchy
- Exciting opportunities for career growth and development
Company values
- Creativity
- Authenticity
- Integrity
- Collaboration
- Empathy
- Fearlessness
Company HQ
Pleasanton, CA
Articles
Leadership
Jay Vijayan
(CEO)They started their career at Oracle, where they spent over 7 years in Management before spending 4 at VMware. They then worked at Tesla for 4 years, leaving their position as CIO to found Tekion in February 2016.
Guru Sankararaman
(COO)After working as a Chief Architect at Cisco, they joined Tesla for 4 years. Initially they served as Director of Information Technology and then later became VP of Information Technology. Left this role to co-found Tekion in 2016.
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