Manager of Accounting, Snap

Fixed-Term

$138-207k

NetSuite
Oracle
Senior and Expert level
Los Angeles
San Francisco Bay Area

4 days a week in office

Snap

Social media & camera company

Job no longer available

Snap

Social media & camera company

1001+ employees

B2CAugmented RealitySocialSocial MediaMobile

Job no longer available

$138-207k

NetSuite
Oracle
Senior and Expert level
Los Angeles
San Francisco Bay Area

4 days a week in office

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

  • Strong technical accounting knowledge with an understanding of US GAAP and ability to document accounting conclusions
  • Ability to work under pressure and perform several tasks concurrently in a deadline driven environment
  • Excellent critical thinking and problem solving skills, and superior attention to detail
  • Excellent verbal and written communication skills with the ability to interact at all levels of the organization
  • Exceptional analytical skills, including Excel
  • A proactive, self-directed approach with the ability to multi-task, think creatively, and learn quickly in a fast-paced environment
  • Detail-oriented with a high sense of urgency
  • Exceptional organizational skills
  • Strong work ethic with the ability to work extended hours during critical periods
  • Able to work independently as well as collaboratively with a team
  • Someone who is flexible, eager, and willing to build from the ground up
  • Bachelor’s Degree in accounting or finance or equivalent years of experience
  • 6+ years of experience as an accounting professional
  • 2+ years managing a team
  • CPA License

Desirable

  • Big 4 firm experience
  • Fortune 500 and/or private company experience
  • Experience working in cloud finance systems (Oracle, Netsuite, etc.)
  • 2+ years with a focus on ASC 842 Lease Accounting

What the job involves

  • The Finance Team includes Accounting, Finance Business Partnership, Finance Operations, Financial Systems, Internal Audit, Investor Relations, 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
  • We’re looking for a Manager, Accounting to join Snap Inc!
  • As a member of the Accounting team, you will manage a team, analyze accounting treatment for certain transactions, record and report accounting transactions, and optimize processes for efficient and accurate data flow
  • You will collaborate cross functionally with other business partners daily to ensure accurate and timely accounting and US GAAP reporting
  • Manage a team of 2-3 accounting professionals, including coaching, talent reviews, and goal setting/development plans
  • Set the direction, priorities and workload balancing for your team and often have multiple projects under your supervision
  • Manage a wide array of accounting areas such as Leases, Fixed Assets, and Expense Accruals, amongst others
  • Review monthly and quarterly journal entries and account reconciliations for areas as assigned, ensuring high quality work product and level of detail
  • Develop relationships and work closely with business partners to provide accounting and business support, including research and recommendations on accounting issues, changes in judgements and estimates that impact financial results, as well as implementation of accounting changes
  • Design and implement new processes and controls as needed
  • Analyze, organize and deliver information that move teams to decisions and action
  • Prepare and review materials for internal and external reporting on a monthly and quarterly basis
  • Assess, research and document appropriate US GAAP treatment for various transactions within the business; specifically in the area of ASC 842 Leases
  • Draft and maintain accounting policies related to Lease accounting, Fixed Assets, Expense accruals, and other
  • Work at the lowest level of detail to understand Company operations and identify accounting issues
  • Identify risks in and drive process enhancements, implement controls, and maintain proper process documentation and evidence in accordance with SOX
  • Provide support for the external financial statement audits, as well as periodic internal audits
  • Provide support for other ad hoc analyses and projects as needed

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.

Kirsty headshot

Kirsty

Company Specialist

Insights

Top investors

Few candidates hear
back within 2 weeks

-9% employee growth in 12 months

Company

Funding (last 2 of 7 rounds)

May 2016

$1.8bn

SERIES F

Mar 2015

$200m

SERIES E

Total funding: $2.6bn

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.

Company values

  • We Are Kind - We solve problems through action, make high-quality decisions and think with a strategic mindset
  • We Are Smart - We solve problems through action, make high-quality decisions and think with a strategic mindset
  • We Are Creative - We gracefully manage ambiguity, cultivate innovation and demonstrate an insatiable desire to learn

Company HQ

Sunset Park, Santa Monica, CA

Leadership

Evan Spiegel

(CEO)

Graduated from Standford with a BS in Product Design.

Bobby Murphy

(CTO)

Studied Mathematical and Computational Science at Stanford.

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