Financial Reporting Manager at Klaviyo

| Greater Boston Area
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Klaviyo is seeking to hire a Manager of Technical Accounting & Financial Reporting, to join its fast-growing accounting team. This role will be a significant contributor to the vision and overall success of the accounting department. As the subject matter expert for US GAAP, you will partner closely with our finance, legal and business teams to provide them with timely accounting guidance that will allow them to drive the business forward. You will have the opportunity to advise on a broad range of business issues and continually improve our financial and operational processes. The ideal candidate is an expert in US GAAP and technical accounting and will have experience leading the technical accounting activities of a pre-IPO company as it embarks on its journey from private to public, including preparation of applicable financial statements.  This is a newly created role and reports to the Corporate Controller.

How You'll Make a Difference:

  • Ensure that company financial reports are prepared in compliance with US GAAP
  • Oversee global financial reporting and proactively identify, research, evaluate, and document technical accounting implications of complex or non-standard transactions (e.g.  acquisitions, restructuring, goodwill impairment, segment reporting, R&D classification, revenue recognition, debt modification, equity accounting) 
  • Lead the planning, coordination, and execution of technical projects, including adoption of new accounting standards/pronouncements, and provide training to the organization
  • Obtain and maintain a thorough understanding of the financial reporting, consolidation and general ledger structure of the Company and work to streamline and standardize where possible
  • Prepare US GAAP compliant financial statements, footnote disclosures, and other financial reporting documentation, review of financial statements (e.g., cash flow statement), and preparation and review of GAAP checklists for quarterly/year-end close
  • Develop, document and maintain accounting policies, including updating or developing new policies to ensure consistency and compliance with GAAP and other reporting requirements; Provide ongoing training of Company’s accounting policies
  • Work closely with external auditors to drive timely accounting conclusions and disclosures. Act as a primary point of contact throughout the audit process for external/internal auditors and consultants on technical matters and financial reporting
  • Participate in establishment of a solid control environment that will support our progression from private to public, working with internal audit, external audit and the business to ensure controls are designed and operating effectively
  • Recommend and assist in the implementation of process improvements including automation within the ERP and other tools where possible, to simplify, standardize and streamline processes
  • Assist in special projects, such as acquisitions, registration statements, debt offerings, other filings, etc. on an as needed basis
  • Assist FP&A, Treasury, and Investor Relation functions with ad-hoc projects on an as needed basis

Who You Are:

  • BS Degree in Accounting 
  • CPA (active) required
  • Requires 7+ years of accounting experience.  Persons with a combination of Big 4 public accounting and industry experience with financial consolidation/SEC reporting experience preferred 
  • Prior IPO experience preferred
  • Exceptional knowledge of US GAAP across revenue recognition (ASC 606), capitalized commission (ASC 340), leases (ASC 842), stock-based compensation (ASC 718), business combinations (ASC 805), debt and equity (ASC 480) and SEC reporting requirements
  • Experience with a financial reporting tools (i.e., Workiva) and XBRL tagging are preferred 
  • Superior organization skills, ability to multi-task and effectively prioritize, monitor workflow in meeting critical deadline and project timetables
  • Excellent system and computer skills, with strong working knowledge of Microsoft Office, experience with Sage Intacct and/or NetSuite preferred
  • Requires strong communication and interpersonal skills, with ability to work effectively with all levels and functions in the organization
  • Must be able to maintain a high degree of confidentiality
  • Experience with large multi-national, SaaS corporations
  • Demonstrated leadership ability
  • Excellent problem solving, communication, interpersonal, analytical and time management skills required
  • Effective writing, presentation and communication skills

Get to know Klaviyo

Klaviyo is a world-leading marketing automation platform dedicated to accelerating revenue and customer connection for online businesses. Klaviyo makes it easy to store, access, analyze and use transactional and behavioral data to power highly-targeted customer and prospect communications. The company's hybrid customer-data and marketing-platform model allows companies to grow by fostering direct relationships with customers, without giving up their valuable data to popular big-tech ad platforms. Over 265,000 innovative companies like Unilever, Custom Ink, Living Proof and Huckberry sell more with Klaviyo. Learn more at www.klaviyo.com.

Klaviyo does not tolerate and prohibits discrimination, harassment or retaliation of or against job applicants, contractors, interns, volunteers or employees by another employee, supervisor, vendor, customer or any third party.

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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • SqlLanguages
    • ReactLibraries
    • Twitter BootstrapLibraries
    • Backbone.jsFrameworks
    • DjangoFrameworks
    • FlaskFrameworks
    • HadoopFrameworks
    • CassandraDatabases
    • MySQLDatabases
    • RedisDatabases

Location

We're in the heart of the Financial district with easy access to public transportation and a short walk from South Station.

An Insider's view of Klaviyo

What's something quirky about your company?

The simplest way I would describe the Klaviyo office is "energy". From the minute you start your day there's an excitement that everyone is working toward the common goal of helping businesses grow. It's a pretty amazing thing to be a part of and you can really feel it.

Jon

Director of Community Management

How do you collaborate with other teams in the company?

One of the great things about working at Klaviyo is that I get to work with amazing people from across the organization. While working in Finance isn’t intuitively a role that involves a lot of collaboration - Klaviyo’s finance team has regular interactions and team syncs with Sales Ops, Customer Support and the People Team!

Tai

Staff Accountant

What are Klaviyo Perks + Benefits

Klaviyo Benefits Overview

Klaviyo pours into team members by providing a diverse and inclusive environment. We also take pride in our quality health benefits and programs. In our efforts to achieve overall happiness for Klaviyos, we offer competitive salaries and 401K planning through Principal. Protect yourself against hardships with life and disability insurance, continue learning and developing with tuition reimbursement, and achieve peace with Headspace. Additional perks include unlimited vacation time, employee referral bonuses, commuter expenses, fitness reimbursements, free books, and a thriving company atmosphere.

Culture
Volunteer in local community
Klaviyos are offered paid time off to volunteer in their local community. In 2021 we partnered with Build Boston to mentor young entrepreneurs we also raised money for Alex's Lemonade Stand.
Partners with Nonprofits
In 2021 we partnered with Build Boston, Alex's Lemonade Stand, Black Girl Ventures and Start Small Think Big.
Friends outside of work
Eat lunch together
Intracompany committees
We have a number of groups that come together around shared interests - from runners to avid readers. Every Klaviyo is an owner of our culture and we welcome and encourage everyone to contribute to it
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Klaviyo has made significant investment in diversifying our management team at every level, from first level leaders and our executive leadership team to our Board of Directors.
Unconscious bias training
Unconscious bias is embedded into all of our trainings - from interview to manager trainings. This is not a one-time thing, but a continuous area of focus and commitment for us.
Someone's primary function is managing the company’s diversity and inclusion initiatives
Diversity Employee Resource Groups
We have a robust resource group community at Klaviyo. We foster events that teach around intersectionality so we can all learn and grow together. Each department also offers unique programming.
Hiring Practices that Promote Diversity
We have policies in place to ensure a fair and equitable hiring process, while also customizing recruiting strategies for specific roles because we know it's not a one-size fits all.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Klaviyo's Flexible Spending Account (FSA) helps employees cover out-of-pocket medical expenses with pre-tax contributions of up to $2,750 annually.
Disability Insurance
Klaviyo's disability insurance benefit is 60% of an employee's annual salary up to a $2,500 per weekmaximum monthly payout.
Dental Benefits
Our dental plan covers : 100% for preventative care, 80% for basic restorative, 50% for major restorative.
Vision Benefits
Our vision benefits plan covers 100% for annual eye exams with $150 allowance for glasses and contact lenses each.
Health Insurance Benefits
Klaviyo offers 3 health insurance plans with BCBS that cover most out-of-pocket costs. Employees who select the High Deductible Health Plan receive up to $2,000/year to fund a Health Savings Account.
Life Insurance
Life insurance is equal to 1 times an employee's annual salary up to $300,000. Additionally, Accidental Death & Dismemberment coverage is offered equal to the group life benefit.
Wellness Programs
Klaviyos may be reimbursed up to $200 for online and app-based classes, exercise equipment, financial health programs, etc. Additionally, BCBS provides Klaviyos up to $150 / year for fitness expenses.
Onsite Gym
Team workouts
Mental Health Benefits
Klaviyo values our employees' mental health and offers confidential counseling through our Employee Assistance Program as well as free access to Headspace meditation app.
Retirement & Stock Options Benefits
401(K)
Klaviyo's 401k plan offers stocks, bonds and international index funds to choose from.
401(K) Matching
Klaviyo's 401(k) retirement plan matches 100% of an employee's contributions up to 4% of their annual base salary, with immediate vesting for matched contributions.
Company Equity
Klaviyo offers equity packages to all full time employees, vesting over a four-year period.
Child Care & Parental Leave Benefits
Generous Parental Leave
Klaviyo ensures everyone is guaranteed the time they need by providing 16 weeks of parental leave, in addition to FMLA.
Flexible Work Schedule
Klaviyo provides employees with a flexible work schedule that includes core hours, flexible start and end times.
Remote Work Program
Family Medical Leave
Klaviyo offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Company sponsored family events
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
We have an unlimited vacation policy and employees are encouraged to actively take the time off they need.
Paid Volunteer Time
Klaviyos are encouraged to use their unlimited vacation policy to volunteer and give back to their local communities.
Paid Holidays
Paid Sick Days
Klaviyos can leverage their unlimited vacation when sick.
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Klaviyo offers tax preferred transit and parking plans for employees in the Boston office and contributes $50 per month to the transit plan.
Company Outings
Klaviyo Hosts bi-annual company parties and milestone celebrations when targets are reached ! ( usually once a year)
Game Room
Klaviyo offers ping-pong tables, and a number of different gaming consoles for employee use.
Stocked Kitchen
Klaviyo offers a WELL STOCKED FREE kitchen with snacks and drinks for all employees.
Some Meals Provided
Klaviyo often surprises employees with free breakfast or meals and Free lunch on Wednesdays for all!
Happy Hours
Happy hours are hosted Once per week on Fridays!
Parking
There is a parking garage in the building.
Recreational Clubs
Fitness Subsidies
Klaviyos may be reimbursed up to $200 for online and app-based classes, exercise equipment, financial health programs, etc. Additionally, BCBS provides Klaviyos up to $150 / year for fitness expenses.
Home Office Stipend for Remote Employees
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Our tuition reimbursement plan offers an annual max of $3000 for continuing education.
Diversity Program
Lunch and learns
Klaviyo hosts weekly Lunch and Learns.
Cross functional training encouraged
Promote from within
Mentorship program
We offer coaching through Bravely for all of our employees.
Continuing Education stipend
Time allotted for learning
Online course subscriptions available
Customized development tracks
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