Financial Reporting Manager, Hootsuite
$102.3-143.3k
Canada Pay Range For This Role: $96,100—$134,700 CAD
Social media management tool
Open for applications
Social media management tool
1001+ employees
Open for applications
$102.3-143.3k
Canada Pay Range For This Role: $96,100—$134,700 CAD
1001+ employees
Company mission
Hootsuite's mission is to empower organizations to build trust and deepen relationships through the power of social.
Role
Who you are
- Extensive relevant progressive accounting experience, including experience as an auditor for a public accounting firm. CPA Designation required
- Proven ability to manage complex projects to successful completion. Previous M&A experience is an asset
- Proficient knowledge of US GAAP and IFRS with the ability to research and propose company positions on complex accounting issues
- Commitment to Results: consistently achieves results, demonstrating high performance, and challenging self and others to deliver results
- Accountability: holds self and others accountable to meet commitments
- Problem Solving: uses an organized and logical approach to find solutions to complex problems. Looks beyond the obvious to understand the root cause of problems
- Influence: Asserts own ideas and persuades others, gaining support and commitment and mobilizing people to take action
- Builds inclusive, cohesive teams which apply diversity to achieve common goals
- Capably delivers results through others, is good at establishing clear direction, helping others achieve their best work
- Identifies key issues and relationships relevant to achieving a long-range goal or vision; Builds an integrated plan for course of action to accomplish this vision
- Challenges and supports others to create results but also develop new capabilities. Successfully develops the capacity and capability of team and individuals on the team
- Tenacious. You are determined to succeed, and you are motivated by the success of customers, colleagues and the community
- Curious. You are always learning and seeking ways to make things better
- Conscientious. You keep your promises, taking your commitments to others seriously, and you have strong integrity
- Humble. You lead with humility and empathy, respecting and learning from the perspectives of others
What the job involves
- We’re looking for a Manager, Financial Reporting to support the consolidation and integration efforts following acquisitions
- Reporting to the Senior Manager, Financial Reporting, this position is responsible for ensuring accurate consolidation of financial results, managing the integration of financial systems, and overseeing technical accounting activities
- Manage and oversee the financial integration of acquired companies into Hootsuite, ensuring seamless consolidation of financial results
- Manage integration & consolidation team, including selection, coaching, mentoring, development, performance management, and all other people-management practices, including DE&I
- Partner with Hootsuite’s business technology team on the integration of financial systems, ensuring seamless data migration and system compatibility
- Collaborate with senior leaders in the development and implementation of a detailed integration plan to harmonize accounting policies and procedures across both companies
- Conduct integration-related change management activities to ensure smooth adoption of new processes and systems
- Collaborate with the accounting team to complete full-cycle accounting tasks, including preparing consolidation processes, journal entries, reconciliations, statements, analysis, and schedules
- Prepare monthly, quarterly, and annual consolidated financial statements in a complex, multi-currency environment under US GAAP and IFRS. Ensure compliance with all relevant accounting standards and regulatory requirements
- Lead the conversion of acquired companies’ financial statements (e.g., Luxembourg GAAP) to US GAAP. Provide technical accounting support on complex transactions, including M&A activities and intercompany arrangements
- Coordinate and synchronize the year-end closing processes for Hootsuite and acquired companies, ensuring timely and accurate consolidation of financial results
- Work with external accountants in preparation of legal entity financial statements and assist with statutory audits
- Contribute to the development, implementation, standardization, documentation, and improvement of processes. Identify opportunities to streamline and standardize accounting processes
- Perform other related duties as assigned
Our take
Hootsuite is a leading social media management platform that’s been around since the early days of this now ballooning online sector. With over 18M customers, and used by over four fifths of the Fortune 1000 - including major players like Ikea, bumble, and JC Perrault - this giant is hugely competitive in the space. It’s a rapidly-changing market, however, and staying ahead is tough.
A push for acquisitions (including Sparkcentral and Heydey) comes as the company is broadening its remit to help customer service teams manage inquiries. This is an interesting step into a growing sector: customer service is going through a period of rapid development with the progress of chatbots and a major increase in the amount of digital communications.
Hootsuite's plans for an IPO didn't survive the tough economic conditions of 2022, and like many other tech companies it engaged in several rounds of layoffs across 2022 and into 2023, with over a third of its workforce made redundant. Following a change in leadership the company hopes to get back on course as the economy begins to recover.
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
-26% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Sep 2014
$60m
SERIES D
Aug 2013
$165m
SERIES B
Total funding: $246.9m
Company benefits
- 100% coverage on mental health-related treatments in North America. Culturally appropriate trauma counselling services
- A company-wide Wellness Week between July 5 to 12 where we can all “unplug” together
- Accidental death and dismemberment (AD&D) Insurance
- Dental Insurance
- Disability Insurance
- Employee Assistance Program
- Gym / Wellness Reimbursement ($55 per month)
- Gym Discount
- Health Insurance
- Life Insurance
- Maternity Leave
- PTO (Vacation / Personal Days) - 20 days. After your two year anniversary, you get an additional two days each year until you reach thirty days (six weeks) at your sixth anniversary
- Paternity Leave
- Sick Time (for individual employee and family members)
- Bereavement Leave
- Business Travel Insurance
- Company Phones
- Fertility Assistance (Coverage for fertility treatments and gender affirmation surgeries)
- Immigration Assistance
- Phone Bill Reimbursement ($50 per month)
- Remote Work
- 401k
- Employee Discount
- Pet Friendly Workplace
- RRSP Matching
- Volunteer Time Off
Company values
- Step Up - Show the world what it looks like to live and work by these guiding principles
- One Team - Make Hootsuite a place where we all feel safe, welcomed, valued, and empowered to do our best work together without compromising who we are
- Customer Obsessed - Focus relentlessly on helping our customers succeed
- Go Fast, Be Agile - Widen our competitive advantage by committing to speed and simplicity over perfection and complexity
- Play to Win - Commit to building an incredible, profitable company for our customers, our employees, and our stakeholders
- Neighbors and Allies - Give back to our communities and be an ally
Company HQ
South Main, Vancouver, BC
Articles
Leadership
Ryan Holmes
(Board Member)Previously founded interactive agency Invoke Media, served on the Board of Directors for Ariztia, and after stepping back fro Hootsuite went on to found pre-seed fund LOI Venture.
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