Sr. Manager - Technical Accounting

Candescent•Long Island, NY

About The Position

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.

Requirements

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 active CPA license is required.

Nice To Haves

An MBA is a plus, but not required.

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.