Director of Technical Accounting and SEC Reporting
We are seeking an experienced and detail-oriented Director of Technical Accounting and SEC Reporting to join our dynamic finance team at Rapid7. The ideal candidate will possess a strong understanding of U.S. GAAP, SEC regulations, and technical accounting guidance. As the subject matter expert for technical accounting matters, this individual will research, document and communicate conclusions around technical accounting matters including acquisition accounting and new accounting pronouncements. In addition, this individual will be responsible for all aspects of external SEC reporting including staying abreast of new SEC requirements and producing best in class reporting and disclosure, as well as accounting for stock-based compensation (ASC 718).
About the Team
This is a critical leadership role that will work cross-functionally within the CFO organization and leadership throughout the company to provide technical advisory support to complex transactions, acquisitions, and new business ideas.
In this role, you will:
- Own the assessment and implementation of all technical accounting topics impacting the company, including evaluation, documentation and communication of new accounting pronouncements, SEC reporting and general reporting trends
- Provide technical guidance and support to internal teams, including accounting, finance, legal, business development, and tax departments, on technical accounting matters and complex new or contemplated transactions.
- Lead financial accounting aspect of mergers and acquisition activity including financial due diligence reviews, evaluating and executing purchase accounting, including working with external valuation specialists and partnering with other teams on the financial integrations of acquisitions.
- Develop, review, and maintain comprehensive accounting policies and procedures to ensure compliance with U.S. GAAP and SEC requirements.
- Lead, mentor, and develop a team of accounting professionals, providing guidance and professional growth opportunities.
- Lead the SEC financial reporting team in the filing of quarterly and annual SEC reports including Form 10-Q / 10-K, proxy statement and other periodic reports
- Oversee the preparation of the monthly / quarterly financial statements including financial reporting package, cash flow statement, earnings release, investor presentations, etc
- Review the monthly / quarterly accounting and preparation of various technical accounting items including EPS calculations, debt and equity transactions, stock based compensation accounting, complex revenue arrangements, leases, etc.
- Develop, implement and maintain effective internal controls in relation to the technical accounting and financial reporting processes
- Recommend and lead the implementation of process improvements including automation and AI to simplify, standardize and streamline technical accounting and financial reporting processes
- Work closely with external auditors to support the quarterly and annual audit process
- Provide periodic technical accounting training to members of the Finance organization
- Lead and participate in special projects such as acquisitions, capital market transactions, partnership agreements and other items on as needed basis
The skills you'll bring include:
- 10+ years of relevant technical accounting and financial reporting experience, required
- Bachelor or Masters degree in Accounting
- Certified Public Accountant (CPA) license is required
- Combination of Big 4 public accounting and public company experience preferred
- Strong technical accounting background with a thorough knowledge of US GAAP, SOX, and SEC reporting standards, as well as experience with technical accounting research and preparation of accounting position papers
- Experience preparing SEC filings (10-K, 10-Q, 8-K) and managing the audit process
- Strong analytical and problem-solving abilities, with the ability to communicate complex technical issues to non-financial stakeholders.
- Strong interpersonal skills, with the ability to collaborate effectively across teams.
- Proven ability to lead and manage a team, providing effective coaching and development.
- Ability to lead complex projects which require influence across business groups and functions
- High attention to detail with excellent organizational and time management skills with a desire for continuous improvement
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities under tight deadlines.
- Proficient in Microsoft Excel and financial reporting software (Workiva); experience with Netsuite ERP system is a plus
We know that the best ideas and solutions come from multi-dimensional teams. That's because these teams reflect a variety of backgrounds and professional experiences. If you are excited about this role and feel your experience can make an impact, please don't be shy - apply today.
About Rapid7
Rapid7 is creating a more secure digital future for all by helping organizations strengthen their security programs in the face of accelerating digital transformation. Our portfolio of best-in-class solutions empowers security professionals to manage risk and eliminate threats across the entire threat landscape from apps to the cloud to traditional infrastructure to the dark web. We foster open source communities and cutting-edge research-using these insights to optimize our products and arm the global security community with the latest in attacker methods. Trusted by more than 11, 000 customers worldwide, our industry-leading solutions and services help businesses stay ahead of attackers, ahead of the competition, and future-ready for what's next.
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or any other status protected by applicable national, federal, state or local law.
