Accounting Manager

Summary

Join Farmers Business Network (FBN) as a Technical Accounting Manager and oversee the company's accounting operations, ensuring accuracy in financial reporting and compliance. You will manage complex account reconciliations, supervise month-end and year-end close processes, and lead audit activities. This role demands strong leadership, a deep understanding of US GAAP, and the ability to enhance operational efficiency. The position involves implementing accounting standards, liaising with auditors, conducting technical research, and managing equity compensation accounting. You will also be responsible for internal control enhancements, account reconciliations, and preparing financial reports. FBN offers competitive compensation and benefits, including equity compensation, paid time off, remote work flexibility (where eligible), parental leave, and comprehensive health and welfare benefits.

Requirements

• 7+ years of accounting and/or audit experience with an inventory-manufacturing business
• Strong, in-depth knowledge of US GAAP, SOX/internal controls, and financial statement preparation
• Technical research skills, including experience with US GAAP and other accounting standards related to revenue recognition and inventory accounting, foreign exchange, and inter-company transactions
• Exceptional analytical skills with the ability to address complex accounting issues and propose actionable solutions
• Strong written and verbal communication skills, including the ability to prepare technical memos and present findings to executive leadership
• Proven ability to collaborate cross-functionally and influence key stakeholders
• Bachelor’s or Master’s degree in accounting
• Proficiency in Microsoft Office products with advanced Excel skills

Responsibilities

• Lead the adoption and implementation of new accounting standards, ensuring compliance with US GAAP and providing guidance on complex technical accounting issues
• Serve as the primary point of contact for external auditors on technical accounting issues, addressing queries and ensuring accurate audit testing and documentation
• Conduct in-depth research on technical accounting matters, including revenue recognition, inventory valuation, lease accounting, and business combinations. Draft and maintain accounting memos and whitepapers to document conclusions
• Manage accounting for equity-based compensation, ensuring compliance with ASC 718, including valuation and reporting of stock options and other equity instruments
• Develop and maintain robust internal controls for technical accounting areas, ensuring compliance with SOX and audit readiness
• Supervise and review detailed reconciliations for all general ledger accounts, ensuring accuracy and completeness
• Oversee and streamline month-end and year-end closing processes, ensuring timely and accurate financial reporting
• Prepare and present financial reports and analysis to management and outside stakeholders, highlighting key financial metrics and insights
• Maintain documentation for accounting procedures and internal controls, ensuring adherence to best practices and regulatory requirements
• Manage transfer pricing policies and documentation in compliance with international regulations. Monitor intercompany transactions to ensure proper pricing and reporting
• Manage the capitalization of software and other intangible assets, ensuring compliance with relevant accounting standards and accurate financial reporting
• Oversee foreign exchange transactions and accounting, including the management of currency exposures and impact on financial statements
• Identify opportunities for process improvements within the accounting function, implement best practices, and drive operational efficiencies

Preferred Qualifications

• CPA
• 4+ years in a Big 4/international accounting firm
• Experience with ERP systems (NetSuite)

Benefits

• Equity compensation
• Paid holidays plus an additional floating holiday
• Work flexibility including paid time off and remote work if your role is eligible
• Parental leave
• Benefits including but not limited to: medical, dental, vision, wellbeing, short & long term disability, life insurance, 401k, HSA employer contributions