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Director of Corporate Accounting

Elevate K-12

Elevate K-12

Accounting & Finance
Mumbai, Maharashtra, India
Posted on Friday, June 7, 2024

Director of US Corporate Accounting

Who we are:

Elevate K-12 is a Series C funded, rapid growth stage start-up focused on solving the crisis-level teacher shortage in US K-12 schools changing the way classrooms work live, virtual instruction that gives students access to high quality, certified teachers who help them prepare for the world of the future! For our teacher community, we open new work opportunities proprietary platform and curriculum, enabling them to deliver live remote instruction across multiple subjects in elementary, middle, and high schools across the US. Our goal is to enable high quality live teaching for every learner in the U.S., from kindergarten through their first jobs, so they can receive the education they need to identify and pursue their unique passions in life. We are the new way to the classroom!

We live the mission of Elevate K-12, and we’re getting better each day, if all of this sounds exciting to you – We want to hear from you!

Position Overview:

Director of Corporate Accounting, will play a vital role in both accounting and financial responsibilities. For a company like ours growing at 50% CAGR we are building and executing for the now, while thinking of the build for the near future. Unique to Elevate K-12’s early-stage status, the Director of Corporate Accounting, US will be integral in developing new processes and procedures as the Company matures and leveraging the ERP system in developing both efficiencies and better internal controls. The qualified candidate will have experience working in both early-stage and larger established companies and will be expected to bring best practices from both types of environments.

This role is for someone who wants to do the 50% CAGR and be part of a company’s mission of bringing high quality education and learning for students and teachers. Previous experience doing hyperscale is not a prerequisite, but the individual needs to have the skills and mindset to lead the company to multi levels of scale. Our financial year is August 1st to July 31st and the individual must be supporting the organization to help drive high growth. The role will be required to work during the US working time hours.

What you will do:

  • Responsible for all aspects of accounting; Lead month-end close, revenue accounting (ASC 606), G/L, cash management, equity/debt accounting, tax compliance, consolidation, and reporting.
  • Develops and maintains effective internal controls over financial reporting, including preparation of account reconciliations, supervisory review of transactions and staff training. Contributes financial decisions by establishing, monitoring, and enforcing policies and procedures.
  • Preparations of the monthly and yearly consolidated financial statements (US GAAP).
  • Research technical accounting issues to ensure compliance with Company policies and GAAP guidance on various areas including goodwill, investments, leases, share-based compensation, revenue recognition, foreign currency, software CAPEX, and prepare related white-paper documentation.
  • Facilitate/coordinate the process of implementing new standards and accounting changes to ensure the Company is prepared to comply at the necessary time.
  • Manage annual and periodic audit engagements including timely and accurate preparation of audit which includes footnotes to the financial statements and consolidations.
  • Establish and maintain effective internal control procedures to safeguard assets and ensure the integrity of the financial information. Conduct regular reviews and internal audits of financial processes to identify areas of improvement and efficiency.
  • Design, document, and implement finance and accounting processes and systems.
  • Collaborate with FP&A to analyze and summarize business and financial results for senior management.
  • Contribute to the fiscal soundness, operating effectiveness, and regulatory compliance of the organization.
  • Build and develop a high-performance team, establish, and continuously improve business processes and procedures to drive scalability in a high growth environment.
  • Lead and grow others; remain aware of each person’s career goals; hold development discussions; and provide meaningful tasks and assignments to promote development.
  • Working hours will be Permanent Night Shift.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, Economics, or a related field. CPA certification is strongly preferred.
  • 10-12 years of experience, including in a senior level accounting role.
  • Prior experience in managing accounting services for US multi-national companies, subsidiaries, and/or HQ is a must.
  • Exceptional depth of technical complex accounting knowledge and expertise in with US GAAP.
  • Understanding of early-stage company challenges with demonstrated track record of building processes and procedures from scratch to support growth trajectories.
  • Proficient in the use of and an implementation of a financial management software and ERP systems.
  • Strong written and oral communication skills, and internal control and process improvement experience required.
  • Excellent time and project management skills, strong attention to detail; focused but flexible.
  • Holds themselves and others accountable for actions and outcomes and have an unwavering adherence to set of ethical standards and principles.

Cultural and Leadership Qualities:

  • Positivity & Growth Mindset – Brings energy, determination, and motivation to excel and achieve personal and company missions and growth.
  • Adaptability & Agility – Embraces changing circumstances, learns, adapts, pivots, and acts quickly. Resilient and tenacious; suitable for fast paced, high growth environment.
  • Analytical Skills – Strong analytical and problem-solving abilities, attention to detail and comfortable working with large data set across multiple systems and performs complex analysis and reconciliation.
  • Confident in their knowledge and skills while remaining humble and curious.
  • Can engage in strong discussions to find the best solutions in a complex, matrixed environment.
  • Drive for results, bottom line oriented, can be counted on to exceed goals and steadfastly pushes others for results.
  • High emotional intelligence demonstrates abilities in conflict management, administration, reasoning, and decision making.

What we offer:

  • An amazing team of “Elevaters” with a strong, inclusive, and diverse work culture
  • Competitive compensation
  • 21 PTO (Paid Time Off), 14 Annual holidays, 7 Sick leaves and 7 Bereavement leaves
  • Employee Assistance Program
  • Benefits – Mediclaim for Employee + Spouse + 4 Kids (5 Lakh of sum insured)
  • Internet reimbursement
  • Hybrid/Work from home setup with flexible working hours

Be Part Of Our Story:

Elevate K-12 is tasked with an important mission: change the way K-12 classrooms and teaching work. Our organization is a radically open-minded company that is scaling fast. We are a team focused on high performance, dynamism and embodying a collaborative culture at all levels. Our teammates are able to have open, honest discussions that drive us toward our mission. Elevate K-12 is in a stage of hyper growth that will continue to open up new challenges and opportunities for our team.

We are an equal opportunity employer. Qualified candidates are considered for employment without regard to race, color, religion, gender (including gender identity, gender expression, change of sex, and transgender status), sexual orientation, national origin, ancestry, age, military or veteran status, physical or mental disability, medical condition, pregnancy, marital status, genetic information, or any other characteristic protected by applicable law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request.