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Head of Accounting Operations

2 months ago

Chicago, Illinois, United States Elevate K-12 Full time
Job Overview

Company Background:
Elevate K-12 is committed to providing every student with access to a superior education, irrespective of their geographical location. We are revolutionizing the educational landscape by implementing a pioneering model of LIVE, virtual classroom instruction. Our advanced platform links students with outstanding, certified educators through a robust, two-sided network, delivering these instructors securely from various locations into numerous classrooms. This innovative strategy enables us to offer teaching resources that many educational districts across the U.S. would otherwise be unable to provide. Our mission is to deliver high-quality, live instruction to every learner in the U.S., from early education through to their initial career steps, empowering them to explore and follow their individual interests.

Elevate K-12 is supported by Series C funding led by General Catalyst. We are witnessing rapid expansion within a $72B+ Total Addressable Market (TAM). As a trailblazer and frontrunner in this domain, we are on the trajectory to becoming a significant and influential EdTech brand in the realm of live teaching. Our initiatives are uplifting millions of students and creating distinctive employment opportunities for educators in this transformative educational sector.

Position Summary:

The Corporate Accounting Director will play a crucial role in overseeing our financial and accounting operations. In a rapidly growing organization experiencing 50% CAGR, we are dedicated to immediate execution while strategically planning for future expansion. This position entails the development of new processes and procedures as the organization evolves, as well as optimizing our ERP system for enhanced efficiency and improved internal controls. This role will be instrumental in supporting and driving our ambitious growth objectives.

The ideal candidate will possess experience in both early-stage and established organizations, bringing best practices from both settings. A strong commitment to our mission of delivering high-quality education to students and educators is essential. While experience in hyperscale environments is not mandatory, the candidate must demonstrate the skills and mindset necessary to navigate the company through substantial growth.

Key Responsibilities:

  • Leadership in Accounting: Manage all facets of accounting, including directing month-end closing processes, overseeing revenue accounting (ASC 606), general ledger (G/L), cash management, equity and debt accounting, tax compliance, consolidation, and financial reporting.
  • Internal Controls and Reporting: Establish and maintain robust internal controls over financial reporting. This includes preparing account reconciliations, supervising transaction reviews, and training personnel. Support financial decision-making by creating, monitoring, and enforcing policies and procedures.
  • Financial Statement Preparation: Generate monthly and annual consolidated financial statements in accordance with US GAAP.
  • Technical Accounting Compliance: Investigate and resolve technical accounting issues to ensure adherence to company policies and GAAP guidelines in areas such as goodwill, investments, leases, share-based compensation, revenue recognition, foreign currency, and software CAPEX. Prepare relevant documentation.
  • Implementation of Standards: Facilitate and coordinate the adoption of new accounting standards and changes, ensuring the organization is ready to comply as necessary.
  • Audit Management: Oversee annual and periodic audit engagements, including the timely and accurate preparation of audits, footnotes to financial statements, and consolidations.
  • Internal Control Procedures: Develop and uphold effective internal control procedures to protect assets and ensure the integrity of financial information. Conduct regular reviews and internal audits of financial processes to identify areas for enhancement and efficiency.
  • Process and System Design: Design, document, and implement finance and accounting processes and systems.
  • Collaboration with FP&A: Work alongside Financial Planning & Analysis (FP&A) to analyze and summarize business and financial results for senior management.
  • Fiscal and Operational Effectiveness: Contribute to the organization's financial health, operational efficiency, and regulatory compliance.
  • Team Development: Build and nurture a high-performance accounting team. Establish and continuously refine business processes and procedures to drive scalability in a high-growth environment.
  • Leadership and Growth: Mentor and guide team members, support their career aspirations, conduct development discussions, and assign meaningful tasks to foster their professional growth.

Qualifications and Skills:

  • Educational Background: Bachelor's degree in accounting, finance, economics, or a related field. CPA certification is highly preferred.
  • Professional Experience: Minimum of seven years of experience, including a senior-level accounting role.
  • Industry Expertise: Significant experience in public accounting and working with large U.S.-based multinational corporations is highly valued.
  • Technical Accounting Knowledge: Exceptional understanding of complex accounting principles and practices, particularly US GAAP.
  • Startup Experience: Proven ability to address challenges in early-stage companies and establish processes and procedures from the ground up to support growth trajectories.
  • Software Proficiency: Skilled in utilizing and implementing financial management software and ERP systems.
  • Communication and Improvement: Strong written and verbal communication skills with extensive experience in internal control and process enhancement.
  • Project Management: Excellent time and project management skills, with a keen attention to detail and the ability to remain focused yet adaptable.
  • Ethical Standards: Holds themselves and others accountable for actions and outcomes, maintaining a strong commitment to ethical standards and principles.

Culture and Leadership Qualities:

  • Positive & Growth Mindset: Brings energy, determination, and motivation to excel, driving both personal and organizational missions and growth.
  • Adaptability & Agility: Thrives in dynamic environments, learns and adapts quickly, and acts decisively. Demonstrates resilience and tenacity in a fast-paced, high-growth setting.
  • Analytical Skills: Possesses strong analytical and problem-solving capabilities, with a sharp attention to detail. Comfortable working with large data sets across multiple systems, performing complex analyses and reconciliations.
  • Confident & Humble: Exhibits confidence in their knowledge and skills while remaining humble and curious, always seeking to learn and improve.
  • Collaborative Problem Solver: Engages in constructive discussions to identify optimal solutions in a complex, matrixed environment.
  • Results-Driven: Demonstrates a strong commitment to achieving results, consistently surpassing goals, and inspiring others to perform at a high level.
  • High Emotional Intelligence: Exhibits strong conflict management, administrative, reasoning, and decision-making skills, fostering a positive and productive workplace.

What We Offer:

  • A remarkable team of individuals who embody our strong, inclusive, and diverse work culture.
  • Competitive compensation package.
  • Flexible/Unlimited Paid Time Off (PTO) & 12 company-paid holidays.
  • Employee Assistance Program.
  • Professional Learning Programs.
  • Comprehensive benefits – Medical, Dental, Vision, 401K, and more.
  • Phone stipend.
  • Access to office amenities.
  • Commuter benefits.

We are an equal employment opportunity employer. Qualified candidates are considered for employment without regard to race, color, religion, gender (including gender identity, gender expression, change of sex, and transgender status), sexual orientation, national origin, ancestry, age, military or veteran status, physical or mental disability, medical condition, pregnancy, marital status, genetic information, or any other characteristic protected by applicable law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request.