What are the responsibilities and job description for the VP, Finance position at Newegg?
Accounting Leadership & Financial Reporting
- Oversee global accounting operations across U.S. and APAC entities, including GL, AR, AP, payroll, fixed assets, inventory, tax, treasury functions.
- Ensure timely and accurate monthly, quarterly, and year-end close processes, including consolidated financial statements and SEC filings (6-K, 20-F or 10K and 10Q).
- Lead all external audit activities and maintain strong relationships with external auditors.
- Ensure GAAP compliance and maintain robust internal controls across the organization.
- Oversee financial reporting for a complex global structure with multiple entities and intercompany transactions.
Operational & Strategic Finance
- Drive process improvements, automation, and internal control enhancements across financial systems and workflows.
- Collaborate with FP&A on budgeting, forecasting, and cash flow management.
- Lead initiatives to optimize working capital, including AR, AP, and inventory strategies.
- Support domestic and international tax compliance and planning efforts in collaboration with external tax advisors.
- Knowledgeable in RSU, PRSU, and stock option administrative processes.
Governance, Risk & Compliance
- Own and maintain company accounting policies in compliance with U.S. GAAP and regulatory requirements.
- Lead internal controls and risk management programs and support internal audit initiatives.
- Ensure adherence to evolving compliance obligations, including private equity stakeholder requirements.
Leadership & Team Development
- Lead, mentor, and develop a high-performing accounting team, fostering a culture of accountability, integrity, and continuous improvement.
- Provide clear career development pathways and coaching for accounting functions within the departmeent.
Special Projects & Strategic Initiatives
- FinTech related projects
- Support M&A activities and other strategic projects as assigned by the CFO.
Qualifications:
- Bachelor’s degree in accounting or finance required; CPA preferred.
- 15 years of progressive leadership experience in corporate accounting; prior Controller or VP-level experience strongly preferred.
- Experience in e-commerce or large-scale retail operations (>$1B) is a plus.
- Experience and possess strong knowledge in credit card transactions, payment processors, digital wallet and other online payment options.
- Background in private equity-backed companies is highly desirable.
- Demonstrated experience with complex consolidations and multiple-entity structures.
- Strong understanding of U.S. GAAP and internal control frameworks.
- Proficiency in Microsoft Office Suite, familiarity with Fidelity Stock Administration, SAP, and BI/reporting platforms is a plus.
- Proven ability to lead teams through organizational growth, system implementations, and transformation initiatives.