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Technical Accounting Manager
$131k-166k (estimate)
Full Time 5 Months Ago
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Magic Leap - Multiple Locations is Hiring a Remote Technical Accounting Manager

Job Description

The Technical Accounting Manager is primarily responsible for overseeing Magic Leap’s technical accounting function, including providing technical accounting guidance in connection with significant business contracts, the implementation of new accounting standards and coordination of all technical accounting items and quarterly monitoring process across the Company. In this role, the Technical Accounting Manager will partner with the business to gain an understanding of the Company’s contracts to ensure proper accounting. The Technical Accounting Manager will also play a key role in the preparation of the Company’s financial statements and will also assist with special projects as needed.
The Technical Accounting Manager will report to the Senior Director of Accounting and Financial Reporting. This role is a remote position.

Responsibilities:

  • Lead research and preparation of position papers and policy memos under both US GAAP and IFRS, documenting conclusions for the impact of complex and non-standard transactions, as well as general corporate accounting matters.
  • Advise on the structuring and the accounting and financial reporting impact of proposed transactions.
  • Stay abreast of existing and emerging financial accounting and reporting principles and assess their applicability to Magic Leap, aiding in their implementation as appropriate.
  • Assist in the preparation and review of Magic Leap’s financial statements under both US GAAP and IFRS.
  • Educate accounting and finance staff on accounting changes as needed.
  • Maintain strong working relationships and coordination with Magic Leap’s financial reporting team to ensure high quality financial reporting.
  • Establish and maintain strong, collaborative relationships with internal stakeholder groups to understand the business and ensure timely and accurate exchange of information.
  • Maintain a control environment in which the processes and controls are consistent with the requirements of Sarbanes-Oxley and company policies.
  • Identify and lead process improvements and participate in or lead cross-functional initiatives to implement best practices.
  • Interact with internal and external auditors to respond to information requests / inquiries and ensure audit activities are completed on time.
  • Lead special projects as needed.

Qualifications:

  • 6 years of experience in public accounting, an accounting role with a large public company, or combination of both.
  • Strong technical competence in technical accounting knowledge (U.S. GAAP required, IFRS desired) and SEC reporting, including a strong working knowledge of the accounting for revenue recognition (ASC 606), stock compensation, internal use software, leases, financial instruments, and various other accounting and reporting matters.
  • Experience with technical research and preparation of accounting position papers.
  • Self-starter with a drive for excellence, ability to build strong working relationships and motivate others to achieve their best performance.
  • Excellent verbal and written communication skills, strong analytical and problem-solving skills, as well as exceptional interpersonal, organizational, and project management skills.
  • A service-oriented individual that continually challenges the status quo and focuses on continuous improvement.
  • Proven track record for successful completion of accounting guidance-related projects, preferably a demonstrated ability to lead implementation efforts associated with new accounting standards.
  • Ability to handle multiple assignments in a dynamic and changing environment.
  • Ability to lead, work independently, and work in a team environment.
  • Proficiency with Microsoft tools (Excel and Word).
  • Previous experience with SAP and/or Blackline preferred.

 Education:

  • Bachelor’s or Masters of Science Degree in Accounting, Finance or related discipline required.
  • Certified Public Accountant (CPA) required.

Additional Information

  • All your information will be kept confidential according to Equal Employment Opportunities guidelines.

#LI-REMOTE

Job Summary

JOB TYPE

Full Time

SALARY

$131k-166k (estimate)

POST DATE

11/11/2022

EXPIRATION DATE

01/17/2023

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The following is the career advancement route for Technical Accounting Manager positions, which can be used as a reference in future career path planning. As a Technical Accounting Manager, it can be promoted into senior positions as an Accounting Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Technical Accounting Manager. You can explore the career advancement for a Technical Accounting Manager below and select your interested title to get hiring information.

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