Director, Financial Reporting

Company: Socotra, Inc.
Location: San Francisco
Posted on: November 13, 2024

Job Description:

At Lyft, our mission is to improve people's lives with the world's best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.
The Director of Financial Reporting is a crucial role leading the financial reporting process which operates in a fast -paced, public company environment. This -role will report to the Sr. Director, Financial Reporting, and will work with stakeholders across the organization, to -deliver timely internal and external reporting in accordance with US GAAP and SEC regulations.
The Director of Financial Reporting will have significant relevant experience (12+ years) with an increasing level of responsibility. - They must be comfortable operating in a dynamic, complex, and transforming environment with a demonstrated ability to add value to such a business. This individual will bring a track record for driving process improvement and have strong foundational experience to understand the nuances of a high functioning accounting organization.
Responsibilities:

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• Lead the preparation of SEC filings and supporting documents, including Form 10-K, 10-Q, proxy statements, and other required form filings.
  
• Manage preparation of the statement of the cash flows and perform the necessary analysis for internal and external reporting purposes.
  
• Research and draft new disclosures for the quarterly and annual reports.
  
• Perform regular benchmarking analysis of peer disclosures in the quarterly and annual reports.
  
• Oversee and maintain the non-GAAP reporting process including the maintenance and updating of Oracle mapping and reports.
  
• Significant involvement in the earnings cycle processes, including preparation, tie out, and review for accuracy of earnings materials (i.e., script, press releases, supplementals, etc.).
  
• Provide and present analyses on various accounting issues for earnings call preparation as well as for FP&A and other internal stakeholders.
  
• Involvement in technical accounting projects as needed.
  
• Assist in managing external audits, including preparation and ongoing support.
  
• Assist in various ongoing and ad-hoc projects or initiatives as needed.
  
  Experience:
  -The successful candidate should have the following:
  
  • 
    
  • Bachelor's degree in Accounting, Finance, or a related field; CPA required.
    
  • Minimum of 12 years of progressive experience in financial reporting, with at least 5 years in a leadership role
    
  • Extensive experience with SEC reporting and technical accounting, preferably with "Big 4" public accounting firms.
    
  • Strong understanding of GAAP and SEC filing requirements.
    
  • Proven track record in managing corporate consolidations and complex financial operations.
    
  • Excellent analytical, problem-solving, and communication skills.
    
  • Ability to thrive in a fast-paced, dynamic environment.
    
  • Strong leadership and team management skills.
    
    Additional characteristics we would highlight include the following:
    
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    • Resourceful and forward-thinking, with a hands-on approach to solving ambiguous and unsolved problems.
      
    • Experienced in leading large cross-functional teams and directly managing small teams, fostering collaboration to drive impact.
      
    • Skilled in influencing and partnering with diverse stakeholders, including technical and business-minded leaders.
      
    • Passionate about educating, mentoring, and teaching partners the values and business impact of technical accounting.
      
    • Exceptionally detail-oriented with strong analytical, organizational, and communication skills.
      
      Benefits:
      
      • 
        
      • Great medical, dental, and vision insurance options
        
      • Mental health benefits
        
      • Family building benefits
        
      • In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
        
      • 401(k) plan to help save for your future
        
      • 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
        
      • Pre-tax commuter benefits
        
      • Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
        
        Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
        This role will be based in the San Francisco office on a hybrid schedule - Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year. #Hybrid
        The expected base pay range for this position in the San Francisco Bay Area - is $184,000 - $230,000. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.
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