Senior Accountant, Snap

Salary not provided
NetSuite
Oracle
Senior and Expert level
London
Snap

Social media & camera company

Open for applications

Snap

Social media & camera company

1001+ employees

B2CAugmented RealitySocialSocial MediaMobile

Open for applications

Salary not provided
NetSuite
Oracle
Senior and Expert level
London

1001+ employees

B2CAugmented RealitySocialSocial MediaMobile

Company mission

To empower people to express themselves, live in the moment, learn about the world, and have fun together.

Role

Who you are

  • Bachelor’s degree or higher in accounting or finance
  • Qualified accountant (CPA, ACCA, ACA or equivalent)
  • 4+ years of relevant experience
  • An understanding of US GAAP and/or IFRS with strong experience in applying accounting standards to real world scenarios
  • Owning processes - constantly improving the processes within the Accounting organization and being accountable to finding solutions to problems
  • A proactive, self-directed approach with the ability to multi-task, think creatively, and learn quickly in a fast-paced environment
  • Ability to work under pressure and perform tasks concurrently in a deadline driven environment with the ability to work extended hours during critical periods
  • Able to work independently as well as collaboratively with a team
  • Phenomenal at business partnering and working with cross functional teams, building meaningful business relationships along the way
  • Excellent verbal and written communication skills with the ability to interact at multiple levels of the organization
  • Exceptional analytical and Excel skills, including Pivot Tables, VLookUps, etc
  • Detail-oriented with a high sense of urgency
  • Exceptional organizational skills and the ability to manage deadlines

Desirable

  • Experience in a Big 4 firm and/or Fortune 500 company, with an emphasis on operating RTR processes in a SoX environment
  • Working within a multi-entity and global organization
  • Experience working in cloud finance systems (Oracle, Netsuite, etc.)
  • Knowledge of US GAAP and/or IFRS

What the job involves

  • The CFO Organization at Snap includes Accounting, Business Partner Finance, Business Planning & Operations, Finance Operations, Financial Systems, Internal Audit, Investor Relations, Partnerships & Strategy, Tax, and Treasury teams
  • Together, the team partners with leadership to provide insights, information, and guidance to make strategic and operational decisions, inform investors about our business model and progress, and ensure the company is financially healthy and consistently meeting our reporting obligations
  • Prepare and review month-end journals and reconciliations by working with different areas of the business to ensure all transactions are properly reflected
  • Ensure accuracy, completeness, and integrity of the company's financial statements in accordance with the US GAAP and local GAAP standards
  • Build, document and drive process improvements, automating our RTR processes
  • Prepare flux and variance explanations as part of the monthly close process
  • Prepare materials for internal and external reporting on a monthly and quarterly basis
  • Work with the business to review purchase orders and work with our Finance Business Partnership team to ensure proper accounting and compliance
  • Prepare statutory adjustments for applicable entities
  • Review balances for certain areas of both US GAAP ledgers and Local GAAP ledgers to ensure any GAAP to STAT differences are timely addressed
  • Identify risks, implement controls, and maintain proper process documentation and evidence in accordance with SOX
  • Provide support for the annual US financial statement audit, periodic internal audits, and statutory audits
  • Stay up to date on changes and activities within the Company and industry to ensure the Company’s financial statements properly reflect any new developments
  • Support new entities roll-out and integration of M&A
  • Provide support for other ad hoc analyses and projects as needed

Salary benchmarks

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Insights

Top investors

-9% employee growth in 12 months

Company

Company benefits

  • Paid maternity, paternity and family caregiver leave
  • Adoption, surrogacy, infertility and fertility preservation benefits
  • Backup child care coverage, caregiver assistance and digital maternity care support
  • Short-term disability, long-term disability, life insurance and AD&D insurance
  • Comprehensive medical coverage, including PPO, HSA and HMO options
  • Dental coverage, including orthodontia benefits
  • Vision coverage, including LASIK benefits
  • Gym perks and discounts
  • Team fitness classes, hikes and races
  • Sports leagues
  • Cooking and nutritional workshops
  • Generous time off and leave programmes
  • Meditation and yoga classes
  • Emotional and mental health support programmes and apps
  • Social gatherings, team outings and volunteering programmes
  • Speaker series, classes and subscriptions to educational programmes
  • Snap Inc. provides a 401(k) plan that allows you to save on a pre-tax, Roth and after-tax basis for your retirement (yes, we even have the Mega Backdoor option!)
  • Rocket Lawyer memberships
  • Financial education programmes
  • Compensation packages that let you share in Snap's long-term success!
  • Have a teammate going through a tough time? Lend them a hand through our internal Snap-a-wish programme! We'll work hard to make sure they get the support they need.

Funding (last 2 of 7 rounds)

May 2016

$1.8bn

SERIES F

Mar 2015

$200m

SERIES E

Total funding: $2.6bn

Our take

Snap is the social media giant that owns Snapchat, a social media mobile app released in 2011. Created to serve as a more emotive communication form than texting, the app has gained mass popularity, reaching upwards of 400 million daily users worldwide.

After rejecting a billion dollar acquisition from Meta (then Facebook) in 2013, Snap has found itself in competition with the social media giant, particularly with Instagram. Despite this, the company has marked a place for itself in the ever competitive social media space through developing features like a Discover tab, augmented reality lenses, in-app games, ads and monetisation options, as well as launching its paid service, Snapchat+.

Snap has so far not earned an annual profit since going public in 2017, but as Snapchat's user base has continually increased it has nearly closed the gap. Like other tech companies it suffered in late 2022 due to a surprise drop in advertising revenue, but has been rebuilding to its former trajectory since then. Given Snapchat's lasting popularity amongst young people, further success appears likely.

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Kirsty

Company Specialist at Welcome to the Jungle