Financial Reporting Accountant II

Summary

Join Torc, a leader in autonomous driving technology, and become a Financial Reporting Accountant. This role involves preparing financial statements, supporting schedules, and disclosures, while ensuring compliance with US GAAP and IFRS. You will assist with audits, analyze financial data, and improve internal controls. The position requires a Bachelor's degree in Accounting, 4+ years of experience, and strong analytical and communication skills. Torc offers a competitive compensation package, including a bonus, stock options, full health benefits, 401k matching, flexible scheduling, and generous paid time off.

Requirements

• Bachelor’s Degree in Accounting or related field of study
• 4+ years of accounting experience, including 2+ years with majority of time focused on preparing financial statements, disclosures, related supporting schedules, and technical accounting memos and participating in audit-related activities
• Extensive knowledge of generally accepted accounting principles in the US (US GAAP) and international financial reporting standards (IFRS)
• Advanced Excel skills
• Experience with general ledger functions and month-end/year-end close process
• Detail-oriented
• Exceptional analytical skills
• Excellent interpersonal, verbal, and written communication skills to build trust and strong working relationships, effectively create and proofread documents and reports, and communicate to a diverse workforce
• Keen attention to detail to identify problems and processes that don’t comply with protocol
• Critical/logical thinking to identify problems and provide solutions to ensure efficiency, safety, and quality
• Strong business insight and judgment, team orientation and collaborative style
• Strong time management and organizational skills to plan, develop, coordinate resources, prioritize effectively, and maintain competing demands simultaneously with frequent interruptions and in a fast- paced environment
• Ability to ethically handle sensitive and confidential information with impartiality and professionalism

Responsibilities

• Prepare necessary reports to account for the company’s equity plan, including preparing journal entries as well as supporting schedules needed for required disclosures
• Assist with maintaining accounting records for the company’s long-lived assets, recording necessary journal entries and preparing relevant supporting schedules
• Assess leases under both US GAAP and IFRS standards, prepare amortization schedules, record journal entries, and prepare supporting schedules needed for required disclosures and relevant cash flow worksheets
• Assist with the preparation for, and coordination of, the periodic audits and reviews by external auditors
• Assist with internal audit procedures as needed
• Ensure sufficient documentation is maintained to support necessary disclosures
• Actively search, analyze, and resolve discrepancies in records, statements, closing statements, and reports
• Support the month-end and year-end close process
• Compile supporting schedules and draft required footnote disclosures
• Assist with technical research as it relates to IFRS, US GAAP, and local GAAP guidance, requirements, and documentation
• Analyze significant fluctuations period over period and document the primary drivers
• Prepare monthly financial statements for internal reporting purposes
• Identify intercompany balances and prepare eliminating entries
• Prepare consolidated financial statements
• Develop system reports as needed to streamline financial reporting process
• Translate subsidiary financial data into USD
• Provide review and oversight of subsidiary financial statements
• Monitor efficiency and effectiveness of accounting controls, procedures, and software programs, referring irregularities or non-compliance to the Financial Reporting and Accounting Manager, Senior
• Review and recommend modifications to accounting systems and/or procedures to improve efficiency
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Assist with special projects as needed

Preferred Qualifications

• Active CPA license
• Experience with consolidations
• Experience with Workday FINs
• Experience with Workiva’s reporting platform

Benefits

• A competitive compensation package that includes a bonus component and stock options
• 100% paid medical, dental, and vision premiums for full-time employees
• 401K plan with a 6% employer match
• Flexibility in schedule and generous paid vacation (available immediately after start date)
• Company-wide holiday office closures
• AD+D and Life Insurance