Vice President, Technical Accounting & Financial Reporting
Open LendingAustin, Texas
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Overview
Schedule
Full-time
Education
CPA
Career level
Executive
Remote
On-site
Benefits
Career Development
Job Description
Description
Job Title: Vice President, Technical Accounting & Financial Reporting
The VP of Technical Accounting and Financial Reporting will be an integral member of our corporate accounting team at Open Lending and will report into the Chief Accounting Officer.The VP of Technical Accounting and Financial Reporting will be responsible for preparing and/or reviewing technical accounting areas such as revenue recognition, stock-based compensation, debt and leases and capitalized R&D costs; drafting and/or reviewing technical accounting memos for complex areas; timely and compliant filing of all SEC periodic and current reports (i.e., Forms 10-Q, 10-K and 8-K) pursuant to all GAAP and SEC requirements and coordinating with Investor Relations on our earnings releases and investor presentations. Responsibilities
Technical Accounting
- Assist in the accounting and documentation for technical areas such as revenue recognition, leases, acquisitions, capitalized R&D costs and debt as needed.
- Prepare and/or review stock-based compensation and related assumptions including accounting for modifications and other equity transactions as needed.
- Coordinate with service providers.
- Research and recommend accounting treatment, including the preparation and review of position memos for our complex transactions.
- Providing technical accounting consultation to senior management on significant transactions before they are executed and performing ad hoc research to advise management on the possible accounting implications.
- Review changes in accounting standards, research the implications and develop recommendations for how to manage the accounting treatment and/or manage related disclosures.
Financial Reporting
- Assist in the completion of financial reporting requirements in accordance with internal policies and US GAAP, which may include the preparation and/or review of the 10-K, 10-Q and 8-K filings, among others.
- Prepare disclosures for significant events and transactions such as revenue, debt, stock-based compensation and other technical accounting areas.
- Prepare and/or review the financial statements, cash flow statement, earnings per share and other support files used in internal analyses and the preparation of the filings.
- Coordinate with Investor Relations and SEC Counsel on the quarterly earnings releases and investor presentations.
Miscellaneous
- Help lead a team of direct/indirect reports; provide functional leadership by fostering teamwork, providing coaching and developing team members.
- Being flexible and adaptable regarding changes in responsibilities that may arise based on business needs or team considerations.
- Manage communications and relationship with external auditors on financial statements and accounting issues.
- Prepare, document and update internal controls associated with the assigned functions and responsibilities.
Qualifications - Education, Skills & Experience
- Bachelor’s or master’s degree in Accounting required.
- Active CPA license preferred.
- Minimum of 10-15 years of relevant experience with a focus on public company financial reporting (SEC registrants) and technical accounting research and documentation required.
- Working knowledge of basic SOX internal control requirements.
- Ability to interact effectively and collaboratively with C-level executives, SEC counsel, investor relations, operations and external auditors required.
- Demonstrated strong leadership, organization, time management and communication skills required.
- Experience with systems such as NetSuite and Workiva a plus.
Physical Requirements
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift to 15 pounds at times.
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FAQs About Vice President, Technical Accounting & Financial Reporting Jobs at Open Lending
What is the work location for this position at Open Lending?
This job at Open Lending is located in Austin, Texas, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Open Lending?
Employer has not shared pay details for this role.
What employment applies to this position at Open Lending?
Open Lending lists this role as a Full-time position.
What experience level is required for this role at Open Lending?
Open Lending is looking for a candidate with "Executive" experience level.
What education level is required for this job?
The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by Open Lending for this role?
Open Lending offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Open Lending?
You can apply for this role at Open Lending either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.