Associate, Operational & Technical Accounting

Accordion•Dallas, NY

1d•Hybrid

About The Position

Working at the intersection of sponsors and management teams across every stage of the investment lifecycle, our team provides hands-on, execution-oriented support to elevate the office of the CFO. Accordion’s Operational & Technical Accounting Advisory (O&T) Practice is comprised of a dedicated team providing accounting and financial advice to support PE-backed portfolio companies on a wide range of transactions and events, including Accounting Policies & Procedures, ERP/Financial System Execution, Financial Statement Close Process, Process & Controls Implementation, Technical Accounting, Finance/Accounting Assessment & Design and Finance & Accounting Organization Standup from a Carve-Out or Merger. We are doers and problem solvers – making sense of complexity and bolstering sponsors’ value creation theses. This role can be based in any of our US office locations (NYC, Chicago, Dallas, Boston, San Francisco, or Los Angeles) and is a hybrid role with the flexibility to work remotely 2 days a week. Ideal candidates should be local to the desired location. Travel to client sites will be required as needed. This position is not eligible for immigration sponsorship.

Requirements

Minimum 3 years of experience (ideally 3+) working in financial accounting or operations at a top-tier public accounting or financial advisory firm, and/or private company
Bachelor's degree in Accounting or related field
A strong and up-to date knowledge of US GAAP (exposure to IFRS is a plus), with deep technical understanding of topics such as ASC 606 revenue recognition, lease transactions, purchase accounting, etc.
Experience in the following areas: technical accounting advisory, audit readiness, and functional accounting / controllership support
Strong Excel and PowerPoint skills
Strong client service mindset and communication skills

Nice To Haves

CPA is a plus
exposure to IFRS is a plus

Responsibilities

Perform deep-dives and gain an understanding of current state processes, people, and systems (both on paper and in reality)
Identify root causes and provide recommendations on how to improve broken processes, bridge control gaps, and better align roles and responsibilities with best practices
Implement tools and creative solutions that the accounting function can use to streamline their close process (e.g. introduce materiality limits, close checklists, and calendars)
Assist the team with Cash to US GAAP conversion, adopting key accounting standards such as revenue recognition and lease accounting
Assist with the timely and accurate preparation of financial statements, account reconciliations, and supporting schedules
Project manage the audit timeline throughout the engagement
Design a singular finance function that can serve all three businesses; you’ll put together intuitive processes and controls and realign roles and responsibilities to suit the strengths of the individuals
Draft a unified set of policies and procedures that speak to all three businesses and encourages them to operate with consistency
Design a standard chart of accounts for a consolidated business
Select, implement, and champion a robust ERP solution which meets the needs of the combined business
Conduct purchase accounting analyses and establish US GAAP-compliant opening balance sheets for each transaction
Consolidate their existing financial reporting from disparate systems, including aligning with US GAAP and adjusting for deviations in accounting policies and procedures, to produce a single source of numerical truth
Address changes in revenue recognition requirements and draft accounting policies that affirm the new normal
Challenge existing assumptions in underlying revenue forecasts and associated cost-drivers
Evolve the invoicing process to reflect new business processes