Senior Manager, Financial Reporting and Accounting

At Torc, we have always believed that autonomous vehicle technology will transform how we travel, move freight, and do business. A leader in autonomous driving since 2007, Torc has spent over a decade commercializing our solutions with experienced partners. Now a part of the Daimler family, we are focused solely on developing software for automated trucks to transform how the world moves freight.
Join us and catapult your career with the company that helped pioneer autonomous technology, and the first AV software company with the vision to partner directly with a truck manufacturer.

Meet the Team: 

The Senior Manager Financial Reporting & Accounting serves as financial reporting and accounting manager responsible for all aspects of the financial (and Securities and Exchange Commission, when applicable) reporting. This role will oversee technical accounting research related to new and proposed accounting standards. Supports and assists with the implementation, maintenance and review of internal controls and corporate policies and procedures, while driving operational excellence and establishing a culture of continuous improvement and inspection in our processes and key business initiatives. Partners with business process owners responsible for the execution of controls over financial reporting primarily to support Management of SOX 404 and 302 compliance certification, control self-assessments, and external financial reporting risk management. Serves as a valued business partner and resource for the Company’s SOX Compliance Program, Legal Department Compliance Team, and Internal and External Auditors as well as Senior Management.

What You'll Do: 

• Monitor the differences between the US GAAP and IFRS accounting frameworks and communicate that information to the accounting team as needed.
• Monitor the development and applicability of current and emerging accounting and reporting rules and regulations by various governing bodies/regulators.
• Ensure proper accounting under US GAAP and IFRS frameworks.
• Monitor efficiency and effectiveness of accounting controls, procedures, and software programs, referring irregularities or non-compliance to the Controller.
• Perform technical accounting research as required, including new accounting pronouncements, and write related position papers.
• Serve as subject matter expert for accounting and reporting for equity compensation and leases.
• Manage and guide the team to set, track, and achieve goals aligned with companywide vision, goals, and initiatives.
• Ensure continuous team goal setting, career pathing and professional development, tracking competencies, employee team building and training, performance management, work prioritization, resource management and controlling expenses, and reinforce systems, policies, and procedures.
• Trains staff, maintains training records, ensures appropriate and continuous training. Proactive change and conflict management in support of Torc’s core values.
• Identify future growth plan to support organizational needs and partner with People Operations and Talent Acquisition to lead organizational development; includes recruiting, screening, interviewing, selection, hiring and onboarding processes. Recommends promotions, transfers, demotions, or terminations. Manages any problems and concerns to closure.
• Follows standard work processes and the Internal Controls System and assists in testing or self-assessments (as assigned) as part of the internal control process.

• Oversee the identification of intercompany eliminations and preparation of consolidated financial statements.
• Oversee the preparation of monthly, quarterly and annual financial statements, under both US GAAP and IFRS, including applicable disclosures, management discussion and analysis, as needed, and related supporting documentation.
• Serve as subject matter expert for multi-currency matters.
• Ensure sufficient system configurations are in place and maintained for effective consolidation within Workday.
• Design and maintain conversion tools to report results to parent company as required.
• Oversee the preparation of necessary SEC periodic filings when applicable.
• Liaison with finance department, internal legal counsel, and external independent auditors.
• Develop, implement, and monitor internal controls to safeguard company assets and ensure the accuracy of financial reporting.

What you’ll need to Succeed: 

• Bachelor Accounting, Audit, Finance or related program
• Professional certification or designation of CPA, required
• 6+ years of progressive professional experience in accounting, with specific emphasis on SEC reporting
• 3+ years of experience managing an accounting team, in the area of financial reporting.
• Public accounting experience (preferred)
• Strong knowledge of US GAAP, COSO, PCAOB Auditing Standards, Sarbanes-Oxley, risk and controls
• standards, business process best practices, and financial reporting requirements.
• Ability to diagnose process design gaps or transactional activities and consult with process owners to
• recommend solutions aligned with the business.
• Ability to effectively collaborate and manage internal business partners and external partners (external auditors, outsourcing partners, control owners) who assist with financial reporting and accounting compliance.
• Critical/logical thinking to identify problems and provide solutions to ensure efficiency and safety
• Strong time management and organizational skills to plan, develop, coordinate resources, prioritize effectively, and maintain competing demands simultaneously with frequent interruptions and in a fast-paced environment.

Perks of Being a Full-time Torc’r

Torc cares about our team members and we strive to provide benefits and resources to support their health, work/life balance, and future. Our culture is collaborative, energetic, and team focused. Torc offers:  

• A competitive compensation package that includes a bonus component and stock options
• 100% paid medical, dental, and vision premiums for full-time employees  
• 401K plan with a 6% employer match
• Flexibility in schedule and generous paid vacation (available immediately after start date)
• Company-wide holiday office closures
• AD+D and Life Insurance 

At Torc, we’re committed to building a diverse and inclusive workplace. We celebrate the uniqueness of our Torc’rs and do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, or disabilities.
Even if you don’t meet 100% of the qualifications listed for this opportunity, we encourage you to apply.

Job ID: R-102582