Director, Corporate Accounting
BM Technologies, Inc.
Malvern, pennsylvania
Job Details
Full-time
Full Job Description
BMTX Overview
BM Technologies, Inc. (NYSE American: BMTX) - formerly known as BankMobile - is among the largest Banking-as-a-Service (BaaS) providers in the country, providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation, easy-to-use products, and education with the mission to financially empower millions of Americans by providing a more affordable, transparent, and consumer-friendly banking experience. BM Technologies, Inc. is a technology company and is not a bank, which means it provides banking services through its partner bank. More information can be found at www.bmtx.com.
Our Mission
We are on a mission to financially empower millions of Americans by providing a more affordable, transparent, and consumer-friendly banking experience. And we are passionate about having fun while making an impact!
Job Description
We are seeking a Director, Corporate Accounting to support the Chief Accounting Officer in managing the corporate accounting operations of the Company through functional, technical, and process leadership with direct responsibility for all general ledger accounting and accounting operations including four direct reports.
You will partner with stakeholders across the Company in a dynamic and fast-paced environment to develop and execute initiatives that will streamline, automate, and improve the accuracy of both daily accounting operations and the monthly close to report process including the continued implementation of NetSuite ERP. You will play a crucial role in ensuring we continue to build a world-class accounting function while partnering across the business to identify and implement ongoing process improvements.
The ideal candidate possesses public accounting, corporate accounting, and technology industry experience, with experience working within a fast-paced high-growth and dynamic publicly traded company environment. An active CPA license and recent experience in an SEC-regulated public company is necessary to be successful in this role. Experience in fintech or exposure to depository services or payment processing services is preferred.
Responsibilities:
- Oversees the daily processing of accounts payable, accounts receivable/billing/revenue recognition, cash management, T&E expense reimbursement, and payroll and benefits.
- Performs and manages monthly, quarterly, and annual financial statement closing activities and the preparation of related financial statements and various ad hoc reports.
- Consistently analyzes financial data and presents financial reports in an accurate and timely manner. Clearly communicates monthly, quarterly, and annual financial results.
- Owns the general ledger and recording of all transactions, including detailed analysis and reconciliation of all general ledger accounts.
- Ensures team deadlines for accounting and reporting requirements are met.
- Maintains the Company’s general ledger chart of accounts and reporting hierarchy and ensures the ongoing integrity of the Company’s financial accounting systems/structure.
- Ensures accurate/timely direct and indirect tax reporting and payment and identification of any changes in regulations or exposure that could impact the Company.
- Researches accounting issues and applies the best practices and applications in accordance with relevant GAAP.
- Supports SEC reporting processes. Liaises with the Company’s independent auditors and supports the timely completion of quarterly reviews and annual audit.
- Assists in the development, maintenance, and implementation of a documented system of accounting policies and procedures.
- Assists in the implementation and ongoing maintenance of effective internal controls over financial reporting and other business process improvements. Monitors ongoing compliance, makes recommendations for, and helps implement improvements.
- Leads continuous improvement in the areas of accounting operations and general ledger reporting process/systems to increase automation and scale.
- Assists in the identification, analysis, and implementation of revenue generating or expense saving opportunities in the Company.
- Performs other duties as required to support the Accounting and Finance Department.
Qualifications
- BA/BS degree in Accounting, Finance, or related field required.
- Active Certified Public Accountant (CPA) licensing required.
- 10-15 years of relevant and progressively responsible accounting experience including both corporate accounting and reporting experience within a fast-paced high-growth publicly traded company environment and public accounting audit experience required.
- Minimum 5 years of supervisory/managerial experience required.
- Direct accounting operations experience including general ledger close, billing, fee processing, receivables and payables management, payroll, treasury and working capital management, audit, and compliance required.
- Background in accounting for a fintech or exposure to depository services or payment processing services preferred.
- Significant experience with computerized accounting systems required with preference for Oracle NetSuite.
- Experience with ERP system implementation/enhancements preferred.
- Intermediate to Advanced proficiency in Microsoft Excel required.
- Maintains a consistently positive and professional demeanor and communicates effectively with both financial and non-financial professionals.
- Strong and stable presence with ability to interact confidently and effectively with senior leadership.
- Excellent written and verbal communication skills.
- Desire to challenge existing practices and drive continuous process improvement.
- Ability to prioritize workload, meet deadlines, and work effectively in a fast-paced and deadline intensive environment.
- Flexibility and ability to work overtime as business needs and reporting deadlines require.
- Effective team player with ability to work independently and demonstrated success in getting things done.
- Impeccable attention to detail with strong organizational skills.
- Logical thinker with strong analytical, problem solving, and research skills.
- Ability to exercise sound judgment and to react with discretion under varying conditions.
- Demonstrated ability to maintain confidentiality of privileged information.
BMTX will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/gender, sexual orientation, gender identity, protected veteran status, or disability.