Senior Technical Accounting Manager

DigitalOcean•Boston, MA

28d•Remote

About The Position

DigitalOcean is seeking a Senior Technical Accounting Manager to handle complex, non-routine transactions and implementation of new accounting standards. The role is part of a high-performing team responsible for technical accounting research, strategic advice to business partners, accounting policies and process improvements, and compliance with U.S. GAAP and SEC reporting standards. It works closely with Financial Reporting, Corporate Development, Legal, FP&A, Investor Relations, Tax, and Accounting, and reports to the Senior Director, Financial Reporting and Technical Accounting. The manager will prepare accounting analyses and memos; evaluate and operationalize accounting for complex transactions; lead accounting and valuation for M&A and strategic investments; perform impairment analyses; maintain accounting policies; monitor standards and regulations; and support SOX-compliant processes. The role also supports audits and SEC filings, reviews cash flow and earnings-per-share calculations, helps ensure accurate general-ledger accounting, prepares executive materials, designs and executes management review controls, and mentors junior accounting staff. The position is remote.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
Active CPA license.
At least 8 years of progressive technical accounting experience under U.S. GAAP.
Significant experience with financing arrangements, including debt, equity, and convertible instruments; consolidations; derivatives; stock-based compensation; and business combinations.
Working knowledge of lease and revenue accounting sufficient to review material transactions.
Public company experience, including SEC reporting and SOX 404 internal controls.
Experience leading accounting for financing and M&A transactions of meaningful size and complexity.
Strong analytical skills, including the ability to evaluate valuation methodologies and complex security structures.
Ability to build financial processes and internal controls from scratch in a fast-paced, evolving environment.
Excellent communication and writing skills, including the ability to draft well-supported technical memos and explain complex accounting to executives, auditors, and non-accounting partners.
Exceptional attention to detail and developed self-review practices.
Proficiency in financial modeling and comfort using Excel, ERP systems (Oracle Fusion), Workiva, and collaboration tools such as Google Suite.
Ability to work independently, manage multiple priorities, and drive projects to completion with minimal supervision.

Nice To Haves

Prior Big 4 audit or transaction advisory experience, or equivalent in-house technical accounting experience at a high-growth technology company; four or more years at a Big 4 audit firm is strongly preferred.
Experience with cloud, data center, or AI infrastructure accounting.

Responsibilities

Draft accounting memos and analyses supporting management conclusions and external auditor concurrence on complex topics, including business combinations, financing transactions, consolidation and joint ventures, investments, segment reporting, goodwill and intangible assets, derivatives and hedging, leases, stock-based compensation, and internal-use software.
Evaluate and operationalize accounting for complex, non-routine transactions, including equity offerings, convertible debt issuance and settlement, supplier financing, and data center, GPU, power, and colocation agreements; advise business partners on proposed transactions.
Review material lease transactions, such as large data center and GPU arrangements, in partnership with the Accounting team.
Review unusual or non-routine revenue arrangements as needed, in partnership with the Revenue Accounting team.
Lead accounting and valuation for M&A transactions and strategic investments, working with third-party specialists on purchase price allocations and fair value measurements.
Perform goodwill, long-lived asset, and indefinite-lived intangible asset impairment analyses.
Develop and maintain accounting policies that reflect current standards and industry best practices.
Monitor FASB and SEC rulemaking, lead implementation of new standards and regulations, and partner with Accounting, Tax, and FP&A to establish SOX-compliant processes.
Serve as a primary technical accounting contact for external auditors during quarterly reviews and annual audits, coordinating information and documentation to resolve technical matters.
Partner with Financial Reporting on technical accounting disclosures for quarterly and annual SEC filings, and support offering documents and diligence for equity and debt financings as needed.
Review statement-of-cash-flows and earnings-per-share calculations, including effects of convertible debt and equity transactions, and support their preparation as needed.
Work with Accounting to ensure complex transactions are recorded accurately in the general ledger, including reviewing key journal entries and supporting calculations.
Prepare clear, concise, executive-level materials, including technical accounting updates for senior leadership.
Design, document, and execute management review controls for technical accounting areas, maintaining review evidence and support for significant inputs while strengthening controls and increasing automation.
Mentor, coach, and develop junior accounting staff, and support ad hoc technical accounting requests and special projects.