Sr. Manager - Technical Accounting

Reposted 16 Days Ago
Be an Early Applicant
Long Island City, New York, NY
In-Office
6-6 Annually
Senior level
Fintech • Financial Services
The Role
Lead technical accounting research and guide complex transactions, ensuring compliant financial reporting. Serve as subject matter expert on ASC 606 and collaborate with various teams. Prepare financial disclosures and act as liaison to auditors.
Summary Generated by Built In

Candescent is the leading cloud-based digital banking solutions provider for financial institutions. We are transforming digital banking with intelligent, cloud-powered solutions that connect account opening, digital banking, and branch experiences for financial institutions. Our advanced technology and developer tools enable seamless, differentiated customer journeys that elevate trust, service, and innovation. Success here requires flexibility in a fast-paced environment, a client-first mindset, and a commitment to delivering consistent, reliable results as part of a performance-driven, values-led team.  With team members around the world, Candescent is an equal opportunity employer.

Key Responsibilities:
  • Leads technical accounting research and provides guidance and documentation of outcomes on complex transactions, including revenue recognition, software capitalization, leases, mergers and acquisitions, impairments, restructurings, derivative and other US GAAP topics.  Ability to work with external parties as needed.
  • Serves as the subject matter expert on ASC 606, including contract reviews, revenue recognition assessments and documentation of outcomes, and policy enforcement.
  • Reviews and understands customer, vendor and other contracts and documentation to apply and document the correct accounting treatment in a timely and accurate manner.
  • Develops, documents, and implements accounting policies, procedures and controls to ensure consistent and compliant financial reporting.  Update policies as need due to new pronouncements and other changes,
  • Collaborates with cross-functional teams (Sales, Legal, FP&A, Product/R&D, etc.) to ensure revenue and other contracts are structured and accounted for in compliance with recognition standards.
  • Supports the monthly, quarterly and annual close processes by ensuring proper accounting treatment and timely resolution of technical accounting issues.
  • Prepares and maintains financial statements and disclosures, including footnotes and supporting documentation, in accordance with US GAAP.
  • Primary liaison to external auditors, coordinating audit requests, works accounting issues and ensures timely and accurate delivery of supporting documentation.
  • Monitors changes in accounting standards and assesses their impact on the Company’s financial statements and operations.
  • Provides training and guidance to accounting and finance teams on technical accounting topics and policy updates.  Will also need to be able to communicate these to non-accountants who may be  impacted (for example, sales, R&D, HR, etc.)
  • Keeping current on accounting pronouncements, guidance and trends to assist the Company in being proactive in addressing issues, potential issues and in adopting new standards as needed and in a timely manner.
  • Works with the Finance, Planning and Analysis group to ensure the accuracy of budgets, and forecasts and to explain financial results, especially those related to accounting issues, the impact of new pronouncements and guidance, etc.
Qualifications:
  • Big 4 public accounting experience at the manager level or higher is strongly preferred.  We will consider individuals coming directly from public accounting for this role.
  • Software/SAAS experience either through a public accounting firm or within a corporate environment,
  • Strong analytical, problem-solving, and communication skills.  Must have the ability to write technical accounting memos as well as to explain complex accounting rules, such as SAAS revenue recognition, to non-accountants (sales teams, management and others) to achieve successful outcomes.
  • Strong technical knowledge of US GAAP, with deep expertise in ASC 606, software capitalization, corporate consolidations, lease accounting, accruals, derivatives, mergers and acquisitions, impairment and other accounting relative to our business.  
  • Experience in drafting and implementing accounting policies as well as the supporting controls and procedures designed to ensure adherence.
  • Ability to prepare consolidated financial statements (balance sheets, income statements, equity and cash flow statements) with appropriate disclosures.
  • Ability to work with both internal parties and clients as well independent auditors and others to achieve successful outcomes. 
  • Ability to manage multiple priorities and work effectively in a fast-paced, dynamic environment. 
  • Must possess strong organizational skills, be intellectually curious and have a high level of attention to detail.
  • Experience with ERP systems (e.g., primarily NetSuite, with Oracle and SAP being a plus as we transition) 
  • Ability to work with and mentor others in a team environment.
  • 5+ years of progressive accounting experience, including public accounting and/or industry experience in the software or technology sector. 
  • A Bachelor’s degree in Accounting or Finance; An MBA is a plus, but not required.
  • An active CPA license is required.

Statement to Third Party Agencies
To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.

Top Skills

Asc 606
NetSuite
Oracle
SAP
Us Gaap
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Atlanta, Georgia
1,030 Employees
Year Founded: 2024

What We Do

Candescent brings together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes. And we’re here to help you extend, differentiate and illuminate your digital-first banking experiences.

Our industry-leading products and services, cloud architecture and on-demand developer tools give you the power to differentiate and deliver seamless customer journeys.

Similar Jobs

Factset Logo Factset

Senior Manager Technical Accounting & Revenue Recognition

Aerospace • Big Data • Fintech • Software • Analytics
In-Office
6 Locations
10310 Employees
140K-175K Annually
In-Office
New York, NY, USA
2200 Employees
131K-172K Annually
In-Office
New York, NY, USA
22282 Employees
156K-195K Annually

Celonis Logo Celonis

Senior Manager, Technical Accounting & Financial Reporting

Big Data • Information Technology • Productivity • Software • Analytics • Business Intelligence • Consulting
Hybrid
New York, NY, USA
3000 Employees
125K-180K Annually

Similar Companies Hiring

Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
80 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Scotch Thumbnail
Software • Retail • Payments • Fintech • eCommerce • Artificial Intelligence • Analytics
US
25 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account