Director Financial Reporting & Technical Accounting

2U • Crystal City, TX

1d • Onsite

About The Position

At 2U, we are all in on purpose. We are motivated by our mission – to make learning limitless– and connected by our shared passion to deliver world-class higher education at scale. As the parent company of edX, a leading online learning platform, 2U powers thousands of higher education offerings – from free courses to full degrees. Together with our college, university, and corporate partners, we are helping accelerate careers and transform lives.
What We’re Looking For:
The Director of Financial Reporting & Technical Accounting will lead the preparation of financial statements, support the Company’s complex accounting areas, and manage all aspects of stock-based compensation administration. This role serves as a subject-matter expert on U.S. GAAP, complex transactions, and equity accounting, ensuring accuracy, compliance, and timely reporting. The Director will work cross-functionally with Finance, Legal, HR, and external advisors to support strategic initiatives, ongoing reporting, and compliance in a dynamic private company environment.

Requirements

• Bachelor’s degree in accounting required.
• Active CPA license required.
• Experience performing technical accounting research and applying guidance to transactions.
• Experience writing technical accounting memoranda/position papers.
• 8+ years of accounting experience required (Big 4/public accounting background preferred).
• Proven experience preparing and reviewing GAAP financial statements.
• Possess deep and broad U.S. GAAP knowledge base.
• Excellent analytical and interpersonal skills.
• Tech-savvy and experience using all MS Office applications; strong knowledge of Excel required.
• The role will be based out of our Arlington, VA office, with regular in-office presence expected five days per week.

Nice To Haves

• Experience with Workday (or similar ERP system) and Workiva preferred.

Responsibilities

• Lead the preparation and review of monthly, quarterly, and annual financial statements, including balance sheet, income statement, cash flow, statement of stockholders’ equity, and accompanying disclosures.
• Ensure accuracy, completeness, and timeliness of consolidated financial results in accordance with U.S. GAAP.
• Coordinate closely with Finance to align financial reporting with internal management reporting and Board deliverables.
• Support the preparation of debt compliance reporting, including covenant calculations, lender deliverables, and certifications in coordination with Treasury and Legal.
• Serve as a key liaison with external auditors to support the Company’s accounting positions and annual audits, ensuring audit readiness and timely resolution of technical matters.
• Monitor new FASB pronouncements for applicability.
• Take a leading role in the implementation of major new accounting standards.
• Assist and contribute to the development of existing accounting policies, procedures and methodologies, with a focus on process improvement.
• Clearly articulate and educate team members in finance and other departments with respect to the impact of adopted accounting policies, new standards and other technical matters.
• Concisely and thoroughly summarize and present accounting conclusions to the accounting group and senior management.
• Be responsible for special projects and other departmental duties as necessary.
• Oversee all aspects of the company’s equity programs.
• Support Legal and HR in plan design, modifications, and updates to plan documents.
• Review valuation models for equity instruments.
• Manage day-to-day operations related to equity grants, exercises, cancellations, and settlements in partnership with HR, Payroll, and Legal.
• Ensure integrity of data in the equity administration platform and reconcile with the general ledger.
• Lead stock-based compensation accounting under ASC 718, including forecasting, journal entries, and financial statement disclosures.
• Provide analytics and reporting on equity compensation, dilution, and plan utilization for management and the Board.

Benefits

• We offer comprehensive benefits (unique per country) and excellent work/life balance.
• Medical, dental, and vision coverage
• Life insurance, disability, and 401(k) employer match
• Free snacks and drinks in-office
• Generous paid holidays and leave policies, including unlimited PTO
• Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees