Director of Accounting

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About AvidXchange

AvidXchange is a leader in automating invoice and payment processes for mid-market businesses. Last year, we processed 53 million transactions across our network of more than 700,000 suppliers, transforming the way 7,000+ customers in North America pay their bills. By trade, we are a technology company, but if you ask anyone that works here, they'll tell you our people are at the core of who we are. We are all entrepreneurs who love to innovate and win with a passion for serving our customers. While we take personal ownership of our everyday work, we recognize that we only win as a team. At AvidXchange, it's not a "me" thing, it's a "we" thing.

Founded in 2000 and headquartered in Charlotte, North Carolina, we have over1,500employees working in one of our seven offices or remotely. At AvidXchange, you'll have the opportunity to tackle tough, complex challenges, working side-by-side with amazing talented teammates. And in doing so, our goal is to enable you to discover your maximum potential - while being your unique, authentic self at work. If that sounds like you, come join the team!

Job Overview

The Director of Accounting will manage the team that handles the day-to-day accounting functions including monthly close. This role will be responsible for general accounting and reporting, administration, and financial controls. This role reports directly to Controller.

Job Responsibilities

  • Manage accounting close process ensuring timeliness and accuracy of results
  • Ensure proper classification and recording of expenses and other day to day accounting items
  • Communicate with the financial planning and analysis team monthly results and day to day items that arise during the month that will impact the rolling forecast
  • Prepare monthly balance sheet and income statement flux analysis for month on month reporting or actual to budget analysis
  • Manage month-end close meetings within controllership group and with financial planning and analysis providing a high-level overview of month-end results for expenses
  • Lead payroll, benefits, and accounts payable functions
  • Oversee corporate bank account, treasury, and money transfer license reconciliations and postings of related journal entries
  • Support in the preparation of the quarterly and annual filings with the SEC, including filings on 10-K or 10-Q
  • Train, develop, and grow the accounting team members' skills
  • Review monthly analysis, reconciliations, and journal entries prepared by the accounting team
  • The administrator of FloQast, Net Suite, monthly accounting close checklist and reconciliation software Administrator of travel expense management system (Concur) and corporate credit cards
  • Prepare analysis schedules as needed and upon request
  • Assess impacts of accounting process changes to day to day accounting and implement new processes/monthly tasks as needed
  • Assist in the implementation of SOX 404 (walkthroughs, internal controls, etc.)
  • Support Controller on special projects, process automation initiatives, and audit
  • Research accounting g/l information requests/questions from other departments


Required Experience, Qualifications, and Skills

  • A minimum of 10 years of accounting experience with general ledger functions and the month-end/year-end close process
  • Bachelor's degree in Accounting
  • CPA Certification
  • Minimum of 7 years of people management
  • Inquisitive nature about how transactions affect the financial statements
  • Understanding of GAAP, financial statement relationships, and external financial reporting
  • Understanding of complex accounting areas
  • Ability to interpret and apply U.S. GAAP and SEC reporting requirements for publicly traded companies
  • Strong organizational, analytical, and problem-solving skills necessary
  • Strong computer skills, including intermediate to advanced Excel
  • Ability to develop effective working relationships across the organization
  • Accuracy, efficiency, and attention to detail
  • Excellent written and verbal communication skills with all levels
  • Ability to work in a fast-paced environment


Equal Employment Opportunity Statement

AvidXchange is an equal opportunity employer. AvidXchange is committed to equal employment opportunityin accordance with applicable federal, state and local laws.AvidXchange will not discriminate against applicants for employment on anylegally recognized basis. This includes, but is not limited to: veteran status, race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age and physical or mental disability.
Other details

  • Job Family Finance
  • Job Function Accounting
  • Pay Type Salary
  • Employment Indicator Management
More Information on AvidXchange
AvidXchange operates in the Software industry. The company is located in Charlotte, NC, Somerset, NJ, Pembroke, MA, Houston, TX, Columbus, MS, Birmingham, AL and Sandy, UT. AvidXchange was founded in 2000. It has 1300 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability insurance, Dental insurance, Vision insurance, Health insurance and Life insurance. To see all 17 open jobs at AvidXchange, click here.
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