Assistant Corporate Controller
Headquartered in Boston, Massachusetts, CarGurus is the all-in-one platform that’s moving the entire car shopping journey online and guiding customers through each step. This includes everything from selling an old car to financing, purchasing, and delivering a new one. Today, millions of consumers visit cargurus.com each month, and more than 30,000 dealerships use our products. We have a people-first culture that fosters kindness, collaboration, and innovation, while empowering our Gurus with tools and resources to fuel their career growth. Our goal is to give all people—consumers, dealers, and our employees—the power to reach their destination.
Job Description
Role overview
The Assistant Corporate Controller is a highly visible and critical position providing leadership to the company’s accounting and reporting function. This position will report into the Corporate Controller. This role will have a broad scope of responsibilities across the accounting function and have visibility across the organization. The individual must demonstrate a strong ability to interpret and apply accounting principles in accordance with U.S. GAAP, have experience managing the month-end close process, possess strong general ledger system knowledge, provide meaningful reviews and feedback on a broad array of complex matters, and have excellent project management skills. Some travel to our Digital Wholesale business unit in Dallas, Texas is expected (5-10% travel).
What you'll do
- Provide oversight for the consolidated and segment level accounting functions, including ownership over the month-end close and financial results to ensure completeness, accuracy, and timeliness of all deliverables.
- Own consolidation of the segment level financials into the CarGurus ERP. Manage execution of integration efforts to improve the efficiency of this process.
- Review monthly financial reporting packages for the Executive Team.
- Oversee the accounting for technical and complex areas, including review of associated month end journal entries and account reconciliations as needed.
- Proactively identify and assess new technical accounting issues as they arise, including review of memorandums and managing the use of specialists as needed. These may include areas such as: revenue recognition under ASC 606, share-based compensation, ASC 842 leasing, capitalized website development costs, internal use software, judgmental estimates and reserves, and annual goodwill impairment assessments.
- Oversee external audit processes, including quarterly reviews and the year-end audit.
- Review and maintain accounting policies.
- Oversee statutory audit requirements and filings.
- Prepare board materials for the Audit Committee.
- Review of Forms 10-Q/10-K/8-K in accordance with U.S. GAAP and SEC requirements.
- Review financial disclosures within quarterly and annual earnings releases, investor decks, and other communications.
- Provide accounting support for special ad-hoc projects as necessary.
What you'll bring
- Bachelor’s degree in Accounting or Finance required, CPA required.
- 8+ years of total accounting experience with increased level of responsibility.
- Big 4 public accounting experience highly preferred.
- Technology/SAAS and public company management experience highly preferred.
- Strong system skills including experience implementing, integrating, or scaling ERP system capabilities. NetSuite experience strongly desired.
- Technical accounting expertise in areas such as ASC 606 Revenue Recognition, ASC 350 Intangibles and Goodwill, ASC 805 Business Combinations, and ASC 330 Inventory.
- Ability to challenge and improve existing processes through automation and redesign.
- Strong leadership and coaching skills with experience managing and mentoring teams.
- Excel at project management including ability to establish and consistently meet deadlines of a public company.
- Motivated team player with the ability to work in a fast-paced, forward-moving environment.
Role overview
The Assistant Corporate Controller is a highly visible and critical position providing leadership to the company’s accounting and reporting function. This position will report into the Corporate Controller. This role will have a broad scope of responsibilities across the accounting function and have visibility across the organization. The individual must demonstrate a strong ability to interpret and apply accounting principles in accordance with U.S. GAAP, have experience managing the month-end close process, possess strong general ledger system knowledge, provide meaningful reviews and feedback on a broad array of complex matters, and have excellent project management skills. Some travel to our Digital Wholesale business unit in Dallas, Texas is expected (5-10% travel).
What you'll do
- Provide oversight for the consolidated and segment level accounting functions, including ownership over the month-end close and financial results to ensure completeness, accuracy, and timeliness of all deliverables.
- Own consolidation of the segment level financials into the CarGurus ERP. Manage execution of integration efforts to improve the efficiency of this process.
- Review monthly financial reporting packages for the Executive Team.
- Oversee the accounting for technical and complex areas, including review of associated month end journal entries and account reconciliations as needed.
- Proactively identify and assess new technical accounting issues as they arise, including review of memorandums and managing the use of specialists as needed. These may include areas such as: revenue recognition under ASC 606, share-based compensation, ASC 842 leasing, capitalized website development costs, internal use software, judgmental estimates and reserves, and annual goodwill impairment assessments.
- Oversee external audit processes, including quarterly reviews and the year-end audit.
- Review and maintain accounting policies.
- Oversee statutory audit requirements and filings.
- Prepare board materials for the Audit Committee.
- Review of Forms 10-Q/10-K/8-K in accordance with U.S. GAAP and SEC requirements.
- Review financial disclosures within quarterly and annual earnings releases, investor decks, and other communications.
- Provide accounting support for special ad-hoc projects as necessary.
What you'll bring
- Bachelor’s degree in Accounting or Finance required, CPA required.
- 8+ years of total accounting experience with increased level of responsibility.
- Big 4 public accounting experience highly preferred.
- Technology/SAAS and public company management experience highly preferred.
- Strong system skills including experience implementing, integrating, or scaling ERP system capabilities. NetSuite experience strongly desired.
- Technical accounting expertise in areas such as ASC 606 Revenue Recognition, ASC 350 Intangibles and Goodwill, ASC 805 Business Combinations, and ASC 330 Inventory.
- Ability to challenge and improve existing processes through automation and redesign.
- Strong leadership and coaching skills with experience managing and mentoring teams.
- Excel at project management including ability to establish and consistently meet deadlines of a public company.
- Motivated team player with the ability to work in a fast-paced, forward-moving environment.
