Principal Financial Reporting Analyst, Datasite
$90-140k
More information about location
SaaS provider for the M&A industry
Open for applications
SaaS provider for the M&A industry
1001+ employees
Open for applications
$90-140k
More information about location
1001+ employees
Company mission
To empower the dealmaking community to work smarter and faster.
Role
Who you are
- Bachelor’s degree in accounting or finance required
- Required: Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
- CPA certification strongly preferred
- 6 to 8+ years of relevant work experience
- Familiarity with Securities and Exchange Commission (SEC) reporting requirements beneficial, but not required
- Strong attention to detail and accuracy is a must
- System/reporting experience in Workday and Adaptive beneficial, but not required
- System/reporting experience in Workiva beneficial, but not required
- Deadline oriented, self-motivated and superior organization skills with the ability to prioritize time-sensitive tasks
- Strong business acumen and analytical skills
- Excellent written and verbal communication skills
- Demonstrated skills and experience in managing goals through collaboration and teamwork with the ability to work independently
- Critical thinking and logical reasoning skills, including complex problem solving, troubleshooting and decision making
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Ability to present technical, numerical, complex data to stakeholders in an effective and persuasive manner
- Ability to effectively communicate with all levels of the organization
- High regard for confidential information and excellent professional judgement
- Thrives and is comfortable with autonomy and accountability
- Ability to adapt to change and identify process improvements
- Proficiency with Microsoft products: Word, Excel, Outlook & PowerPoint
- Flexible work hours necessary to accommodate critical deadlines
- Hybrid and/or remote arrangement acceptable
What the job involves
- Datasite is growing and looking for a bright, energetic and motivated candidate to join our team
- We are looking for a financial reporting and technical accounting specialist who is excited to roll-up their sleeves and develop processes that will scale with our growth
- A successful candidate for this role is someone who can work independently but also enjoys working cross functionally with business, operations and technical colleagues to develop and maintain financial reporting and technical accounting processes
- If you are interested in continuing your career in an exciting and high growth company, then this may be the role for you!
- The Financial Reporting and Technical Accounting Principal Analyst is an integral team member of the Finance team, reporting to the Financial Reporting Senior Manager and supporting all aspects of the financial reporting and technical accounting processes
- In general, this role is responsible for the accurate and timely preparation of the monthly statement of cash flows using an established process, as well as preparation of quarterly and annual SEC-quality reports and other financial reporting provided externally to lenders, shareholders, board of directors and executive management
- This role also provides an opportunity to research technical accounting topics and help determine and document the Company’s accounting policies and positions on relevant transactions
- Success in this role requires strong teamwork and collaborative skills to work and communicate across functional teams such as Financial Planning & Analysis, Tax, Treasury and Financial Systems
- Qualified candidates will have strong attention to detail and accuracy
- Promote the Company’s Mission and Values, including an accountable, innovative, and results-oriented culture that promotes customer service, openness, teamwork, mutual trust, and respect
- Help resolve problems and provide guidance to members of the Corporate Accounting & Reporting team
- Provide input to help adapt departmental plans and priorities to address business and operational challenges
- Influence or provide input to forecasting and planning activities
- Accountable for the preparation of accurate and timely annual and quarterly SEC-caliber reporting including basic financial statements, footnote disclosures and MD&A
- Accountable for the monthly preparation of the company’s statement of cash flows, using established processes, including the effect of foreign currency exchange rate changes
- Accountable for the preparation of quarterly debt covenant compliance and annual excess cash flow calculations
- Gather and maintain all supporting documentation for all financial reporting to lenders, shareholders, board of directors and executive management
- Accountable for support of annual 3rd party valuation and preparation of the evaluation of goodwill for impairment
- Prepare the US GAAP disclosure checklist for annual reports
- Provide information as necessary to assist the external auditors in their review of annual reports
- Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
- Perform additional process improvements, ad-hoc analysis and other job-related duties as assigned
- Understand transactional workflow, be knowledgeable about the sources of data, ensure data integrity and collaborate with relevant parties for necessary adjustments
- Maintain and update process documentation for financial reporting processes
- Perform technical accounting research for relevant transactions affecting the Company. Draft technical accounting memos to support accounting positions as required
- Assist the controllership team in implementing any new accounting standards. Research, evaluate and help manage the implementation of new accounting standards as required
- Manage new initiatives in accordance with current policies
- Help evaluate the impact of new businesses/significant process changes as well as external requirements
- Help maintain and update the Company’s accounting policies to ensure compliance with relevant accounting standards
Our take
As M&A deals continue to increase in both size and frequency, key stakeholders have been actively seeking tools to streamline their work. Datasite emerges as a solution. Having transitioned from its original focus on communications, the company now offers a suite of SaaS products tailored for M&A professionals, serving approximately 75% of the leading legal firms in the field.
Benefiting from its extensive experience in the industry, Datasite has successfully transformed into a more contemporary business entity. It has recently introduced highly acclaimed AI-powered technology to assist in deal preparation, asset marketing, and facilitating buy-side acquisitions.
With significant global expansion and strategic acquisitions, Datasite remains committed to enhancing its platform capabilities. Notably, in March 2023, it unveiled Datasite Cloud, specifically designed to streamline every aspect of the dealmaking process within a unified platform.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Culture and benefits built around work-life balance
- Extensive resources to support physical and mental health
- Employee assistance program
- Generous retirement plans
- Incentives for referring new colleagues
- Learning, training and mentoring programs
- Cross-functional projects
- Stretch assignments to help you progress
- Receive feedback and earn bonuses from peers & managers
- Employee bonding activities
- ESG and charitable team initiatives
Company HQ
Downtown West, Minneapolis, MN
Articles
Leadership
Rusty Wiley
(President & CEO, not founder)Before joining Datasite, Rusty held various executive roles at IBM Corporation, most recently, as General Manager, Banking & Financial Markets. Upon joining Datasite in 2014, Rusty led the successful transformation from a communications and print-related business into a global M&A SaaS technology company.
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