Financial Reporting Accountant II
Torc Robotics
Job Info
About the Company
At Torc, we have always believed that autonomous vehicle technology will transform how we travel, move freight, and do business.
A leader in autonomous driving since 2007, Torc has spent over a decade commercializing our solutions with experienced partners. Now a part of the Daimler family, we are focused solely on developing software for automated trucks to transform how the world moves freight.
Join us and catapult your career with the company that helped pioneer autonomous technology, and the first AV software company with the vision to partner directly with a truck manufacturer.
The Financial Reporting Team is responsible for all internal and external financial reporting requirements of the company. This includes preparing the consolidated financial statements, drafting the required footnotes, compiling related supporting schedules, and analyzing significant trends and fluctuations period over period. The Financial Reporting Accountant assists with accounting for, and reporting on, the company's equity plan, long-lived assets, and leases. This role will assist with the preparation for, and coordination of, periodic audits and reviews by external auditors. You will be responsible for actively searching, analyzing, and resolving discrepancies in records, statements, closing statements, and reports. You will support the month-end and year-end close process. You will also develop, modify, and document business processes and accounting policies to maintain and strengthen internal controls and to improve efficiency.
What you'll do:
Accounting
- Prepare necessary reports to account for the company's equity plan, including preparing journal entries as well as supporting schedules needed for required disclosures.
- Assist with maintaining accounting records for the company's long-lived assets, recording necessary journal entries and preparing relevant supporting schedules.
- Assess leases under both US GAAP and IFRS standards, prepare amortization schedules, record journal entries, and prepare supporting schedules needed for required disclosures and relevant cash flow worksheets.
- Assist with the preparation for, and coordination of, the periodic audits and reviews by external auditors.
- Assist with internal audit procedures as needed.
- Ensure sufficient documentation is maintained to support necessary disclosures.
- Actively search, analyze, and resolve discrepancies in records, statements, closing statements, and reports.
- Support the month-end and year-end close process.
- Compile supporting schedules and draft required footnote disclosures.
- Assist with technical research as it relates to IFRS, US GAAP, and local GAAP guidance, requirements, and documentation.
- Analyze significant fluctuations period over period and document the primary drivers.
- Prepare monthly financial statements for internal reporting purposes.
- Identify intercompany balances and prepare eliminating entries.
- Prepare consolidated financial statements.
- Develop system reports as needed to streamline financial reporting process.
- Translate subsidiary financial data into USD.
- Provide review and oversight of subsidiary financial statements.
- Monitor efficiency and effectiveness of accounting controls, procedures, and software programs, referring irregularities or non-compliance to the Financial Reporting and Accounting Manager, Senior.
- Review and recommend modifications to accounting systems and/or procedures to improve efficiency.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Assist with special projects as needed.
- Bachelor's Degree in Accounting or related field of study.
- Active CPA license preferred.
- 4+ years of accounting experience, including 2+ years with majority of time focused on preparing financial statements, disclosures, related supporting schedules, and technical accounting memos and participating in audit-related activities.
- Extensive knowledge of generally accepted accounting principles in the US (US GAAP) and international financial reporting standards (IFRS).
- Experience with consolidations preferred.
- Advanced Excel skills.
- Experience with general ledger functions and month-end/year-end close process.
- Detail-oriented.
- Exceptional analytical skills.
- Excellent interpersonal, verbal, and written communication skills to build trust and strong working relationships, effectively create and proofread documents and reports, and communicate to a diverse workforce.
- Keen attention to detail to identify problems and processes that don't comply with protocol.
- Critical/logical thinking to identify problems and provide solutions to ensure efficiency, safety, and quality.
- Strong business insight and judgment, team orientation and collaborative style.
- Strong time management and organizational skills to plan, develop, coordinate resources, prioritize effectively, and maintain competing demands simultaneously with frequent interruptions and in a fast- paced environment.
- Ability to ethically handle sensitive and confidential information with impartiality and professionalism.
Bonus Points!
- Experience with Workday FINs is a plus.
- Experience with Workiva's reporting platform is a plus
Torc cares about our team members and we strive to provide benefits and resources to support their health, work/life balance, and future. Our culture is collaborative, energetic, and team focused. Torc offers:
- A competitive compensation package that includes a bonus component and stock options
- 100% paid medical, dental, and vision premiums for full-time employees
- 401K plan with a 6% employer match
- Flexibility in schedule and generous paid vacation (available immediately after start date)
- Company-wide holiday office closures
- AD+D and Life Insurance
US Pay Range
$92,100-$110,500 USD
At Torc, we're committed to building a diverse and inclusive workplace. We celebrate the uniqueness of our Torc'rs and do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, or disabilities.
Even if you don't meet 100% of the qualifications listed for this opportunity, we encourage you to apply.
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