Senior Accounting Manager, Compass
$95.4-143k
Base pay offered may vary depending on job-related knowledge, skills, and experience
Real estate technology platform
Open for applications
Real estate technology platform
1001+ employees
Open for applications
$95.4-143k
Base pay offered may vary depending on job-related knowledge, skills, and experience
1001+ employees
Company mission
To help everyone find their place in the world.
Role
Who you are
- Bachelor’s Degree required, preferably in accounting
- Certified Public Accountant (CPA), required
- 8+ years of progressive accounting experience, with 3+ years of supervisory experience
- Experience working in a public company with strong internal control environment, preferred
- Advanced knowledge of US GAAP, required
- Strong communication and organizational skills as well as impeccable attention to details
- Ability to multi-task and handle several deadlines simultaneously
- Strong analysis, problem solving and decision-making skills
- Prior experience working in a SOX environment
- Basic knowledge of residential real estate, preferred
- Advanced Excel skills, required
- Experience with NetSuite, Coupa, Concur, Workday HCM/Payroll and FloQast, a plus
What the job involves
- We are looking for a Senior Manager, Accounting to join our Controllership Group
- The individual will report to the Assistant Controller and will manage a team supporting operating expenses, fixed assets and other areas
- The ideal candidate is someone who loves challenging opportunities and thrives in a dynamic environment with strict deadlines
- Oversee personnel expense accounting and analytics, including monthly reconciliation of payroll system to GL, various bonus calculations and formal review of several key personnel account reconciliations
- Supervise fixed asset portfolio ensuring capitalized costs align with corporate policy and are appropriately configured in the fixed asset module
- Review monthly legal accrual and collaborate with legal team to ensure law firm costs and litigation expenses are properly accrued
- Approve journal entries as allocated and sign off on related balance sheet account reconciliations
- Manage corporate card program, including supervising team issuing/canceling cards and ensuring monthly expenses are fully accrued
- Support lease accounting team on an as-needed basis
- Ensure consistent application of expense recognition across all entities as per US GAAP
- Review the monthly income statement and balance sheet analytics
- Collaborate with the financial planning and analysis team on the month-end close process and related analytics and reporting
- Provide excellent customer service by proactively managing escalated issues and bring them to resolution
- Ensure that the month-end close controls are in place and operating effectively
- Maintain a system of controls, policies, and procedures over month-end activities
- Manage and coach a team of ~4 associate/senior associate accountants with a strong focus on team development and cross training on key responsibilities
- Collaborate with the internal controls team on establishing and maintaining controls
- Coordinate with external auditors regarding the financial audit as well as controls testing
- Other duties and ad-hoc projects as assigned
Our take
Compass uses an AI-driven platform to smooth out and speed up the process of buying, selling, or renting property. It functions much like a traditional broker, but employs tech to reduce the time, uncertainty, cost and friction of transactions for buyers, sellers & agents.
It's disrupting a sector so far largely averse to tech innovation, allowing users to close deals in less time than the industry average of 30-45 days. Compass is now the largest independent real estate brokerage in the USA, with over 29,000 agents nationwide.
Despite being a leading residential brokerage and competing well, Compass has remained unprofitable. While the company is replanning its cost structure to be profitable over the next year, it announced its third round of payoffs in early January 2023. Its profit-generating plans include expanding into mortgages, escrow & title services.
Freddie
Company Specialist
Insights
Company
Funding (last 2 of 10 rounds)
Nov 2019
$500m
SERIES G
Jul 2019
$370m
SERIES G
Total funding: $2.0bn
Company benefits
- Flexible Working
- Work From Home Opportunities
- Paid Vacation, Holidays, Sick Time
- Paid Parental, Marriage, and Recharge Leave
- Medical, Tele-Health, Dental and Vision Benefits
- 401(k) Plan
- Flexible Spending Accounts (FSAs)
- Commuter Program
- Life and disability insurance
- Maven (a support system for new parents)
- Carrot (fertility benefits)
- UrbanSitter (caregiver referral network)
- Employee Assistance Program
- Pet Insurance
Company values
- Dream big
- Move fast
- Learn from reality
- Be solutions-driven
- Obsess about opportunity
- Collaborate without ego
- Maximise your strength
- Bounce back with passion
Company HQ
Midtown Manhattan, New York, NY
Articles
Leadership
Robert Reffkin
(CEO)After 2 years at McKinsey, Robert worked as a Lazard Associate and White House Fellow. They joined Goldman Sachs in 2006, where they worked as VP of Principal Investment before leaving in 2012 to found Compass. Alongside this, Robert ran 50 marathons in 50 states to raise $1 million dollars for for youth education and enrichment programs.
People progressing
Neda joined Compass in 2018 as Chief of Staff to the CEO after a year at Sidewalk Labs. Following 4 months as Secretary to the Board, in April 2019 they were promoted to President of Compass East Division, and in January 2022 President of US Division.
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