Director, Consolidations Remote, United States - Accounting / Finance
Socotra
What Youll Do
The Director of Consolidations leads global consolidation and close function, ensuring the accuracy, completeness, and timeliness of consolidated financial results. This role is responsible for managing the global close calendar, overseeing consolidation and intercompany accounting, maintaining the integrity of the general ledger structure, and driving process standardization, automation, and simplification.
1. Global Close & Calendar Leadership Own and manage the global close calendar, driving shortened close timelines while maintaining control rigor. Lead month-end and quarter-end consolidation processes, including sub-consolidations where applicable. Host global accounting close review meetings and executive readouts. Oversee preparation and distribution of the final consolidated accounting package, including variance analysis. 2. Consolidation & Intercompany Accounting Oversee global consolidation processes across all legal entities. Ensure all legal entities consolidate in alignment with the organizational structure. Maintain deep technical oversight of: Intercompany transactions and eliminations Intercompany profit eliminations FX remeasurement and translation CTA accounting and reporting Multi-currency consolidation mechanics Equity Accounting, including Stock Based Compensation Ensure accuracy and completeness of global intercompany balances and settlements. 3. Accuracy of Consolidated Results & Analytics Provide global oversight and analytical review of consolidated results. Deliver analytics over: US GAAP Metrics Non-GAAP Metrics Understand Stat to GAAP differences Understand key balance sheet account activities Partner with FP&A to align management reporting with consolidated results. Lead root cause analysis of variances and unusual fluctuations. 4. General Ledger & Structural Governance Maintain global GL structure, chart of accounts, and reporting hierarchies. Support legal entity dissolution and legal entity expansion, including both US GAAP and Stat ledger establishment. Ensure consistency between legal entity structures and consolidation mapping. Review and approve account additions, changes, and reporting categorizations (including SEC reporting categories). Standardize and optimize reporting dimensions and hierarchies across entities and maintain reporting for management, tax and other purposes. 5. Financial Controls & Compliance Oversee consolidation-related SOX controls. Maintain high standards for internal control over financial reporting. Supervise balance sheet reconciliations, including review of entity-level controls (ELCs) and oversight over balance sheet reconciliations. Ensure policy adherence across global accounting teams. Drive continuous improvement in reconciliation quality and documentation standards. 6. Policy & Technical Accounting Oversight Partner with technical accounting and controllership groups to ensure proper accounting. Support quarterly financial reporting (10-Q / 10-K) and audit requirements in areas of oversight. Provide accounting guidance related to global expansion and new entity setup. 7. Systems, Standardization & Automation Drive simplification and automation across consolidation and close processes. Standardize systems, processes, and reporting structures globally. Identify and implement automation and AI-enabled solutions to improve speed, accuracy, and transparency. Lead system optimization efforts across ERP and consolidation tools. 8. Global Team Leadership Lead, mentor, and develop a global team. Establish clear accountability, performance expectations, and development plans. Promote a culture of ownership, analytical rigor, and continuous improvement. What Youll Need To Be Successful
Qualifications Bachelors degree in Accounting or Finance; CPA required. 12+ years of progressive accounting experience, including public company consolidation leadership. Deep expertise in: Multi-entity global consolidations Intercompany accounting and eliminations Foreign currency and Currency Translation Matters Non-GAAP metrics and analytics SOX compliance and internal controls Experience shortening close cycles in complex global environments. Strong systems background (ERP and consolidation tools). Demonstrated success leading global teams. Strong executive presence and ability to present to senior leadership. Leadership Characteristics High control orientation with a commitment to SOX excellence. Process simplifier who drives automation and modernization. Data-driven and analytically rigorous. Strong cross-functional collaborator. Comfortable driving change in complex global environments. Operates with urgency while maintaining precision. Impact
This role is critical to: Delivering accurate and timely consolidated results. Supporting executive decision-making with high-quality analytics. Enabling scalable global expansion. Maintaining a strong internal control environment. Driving modernization of consolidation and close processes. Avalara is an AI-first Company
AI is embedded in our workflows, decision-making, and products. Success here requires embracing AI as an essential capability. Youll bring experience using AI and AI-related technologies, ready to thrive here. Youll apply AI every day to business challenges - improving efficiency, contributing solutions, and driving results for your team, our company, and our customers. Youll grow with AI by staying curious about new trends and best practices, and by sharing what you learn so others can benefit too. How Well Take Care Of You
Total Rewards
In addition to a great compensation package, paid time off, and paid parental leave, many Avalara employees are eligible for bonuses. Health & Wellness
Benefits vary by location but generally include private medical, life, and disability insurance. Inclusive culture and diversity
Avalara strongly supports diversity, equity, and inclusion, and is committed to integrating them into our business practices and our organizational culture. We also have a total of 8 employee-run resource groups, each with senior leadership and exec sponsorship. What You Need To Know About Avalara
Were defining the relationship between tax and tech. Weve already built an industry-leading cloud compliance platform, processing over 54 billion customer API calls and over 6.6 million tax returns a year. Our growth is real - were a billion dollar business - and were not slowing down until weve achieved our mission - to be part of every transaction in the world. Were bright, innovative, and disruptive, like the orange we love to wear. It captures our quirky spirit and optimistic mindset. It shows off the culture weve designed, that empowers our people to win. Weve been different from day one. Join us, and your career will be too. Were An Equal Opportunity Employer
Supporting diversity and inclusion is a cornerstone of our company — we dont want people to fit into our culture, but to enrich it. All qualified candidates will receive consideration for employment without regard to race, color, creed, religion, age, gender, national orientation, disability, sexual orientation, US Veteran status, or any other factor protected by law. If you require any reasonable adjustments during the recruitment process, please let us know. #J-18808-Ljbffr
Vacancy posted more than 2 months ago
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