DraftKings
The Crown Is Yours
Hybrid

Senior Manager, SEC Reporting

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Employer Provided Salary: 130,180-195,270 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

We're defining what it means to build and deliver the most extraordinary sports and entertainment experiences. Our global team is trailblazing new markets, developing cutting-edge products, and shaping the future of responsible gaming.
Here, "impossible" isn't part of our vocabulary. You'll face some of the toughest but most rewarding challenges of your career. They're worth it. Channeling your inner grit will accelerate your growth, help us win as a team, and create unforgettable moments for our customers.
The Crown Is Yours
The Senior Manager of SEC Financial Reporting will report directly to the Sr Director of Financial Reporting & Acquisitions. Partnering across the organization, this individual will be responsible for overseeing the accounting activities directly related to SEC Financial Reporting, inclusive of Technical Accounting and Stock Plan Administration, and Business Combination activities.
What you'll do as a Sr Manager of SEC Reporting
Financial/SEC Reporting (40%)

  • Oversee the preparation of quarterly and annual financial statements and Management Discussion and Analysis for inclusion in 10-K and 10-Qs, including:
  • Reviewing consolidation and results by entity/product line
  • Working with other business lines to obtain the latest relevant information for appropriate disclosure under GAAP
  • Working with investor relations and FP&A to prepare analytics over key financial information
  • Defining and quantifying Adjusted EBITDA for financial reporting purposes
  • Work cross-functionally and be primary finance contact for legal, HR and Investor Relations teams for SEC and Investor disclosures such as 8-Ks, investor presentations, Annual Meeting, and Proxy disclosures
  • Review monthly / quarterly reconciliations and journal entries as required with focus on investments, valuation of warrants, revenue recognition, leases, and stock compensation
  • Develop financial reporting processes with focus on implementing tools to make processes more efficient
  • Execute accounting policies and procedures to maintain appropriate internal controls and compliance.


Technical Accounting (25%)

  • Work closely and be primary finance contact for Business and Corporate Development teams to analyze new agreements and partnerships to identify and summarize key accounting issues and impact for the CAO and CFO.
  • Lead preparation of accounting memos and technical analyses, for example:
  • Assessing revenue recognition accounting for new products and verticals under ASC 606
  • Overseeing performance derivatives and investments and working with external advisors, where applicable, to calculate fair value of such instruments and investments.
  • Review of annual and quarterly intangible and goodwill impairment memos, including developing forecasts and working with FP&A and valuation experts to determine enterprise value for each reporting unit.
  • Oversee lease accounting administration including transition to a new lease accounting software


Internal Controls (25%)

  • Work as primary liaison between the Accounting team and Internal Audit / External Audit on all SOX related matters
  • Work with Internal Audit function on risk assessment and control design to ensure that all risks of material misstatement are covered
  • Quarterback the resolving of SOX issues as they arise with the respective control owners to ensure all deficiencies are remediated by year-end, including working with internal audit to quantify potential misstatements and determine level of control deficiency


Acquisitions and Integrations (10%)

  • Support the coordination and execution of all accounting-related acquisition and integration activities
  • Support various Day 1 and Day 2 activities in support of Accounting Acquisition and Integration "Playbook"
  • Own SOX documentation of internal controls over financial reporting for all accounting-related Business Combination activities
  • Work with auditors to provide supporting audit documentation and coordinate their review and sign off as part of the financial statement audit


What you'll Bring

  • Bachelor's Degree in Accounting and CPA certification is required.
  • Approximately 7-10 years of experience including at least 5 years at a public accounting firm
  • Significant experience with implementation and testing of SOX controls as an auditor or as a control owner
  • Expert level understanding of SEC Reporting and US GAAP including ASC 606 Revenue Recognition and ASC 805 business combination accounting is required
  • Experience working with high growth, technology industry
  • Gaming experience a plus
  • Strong management and leadership skills is required
  • Ability to drive projects to completion, manage competing priorities and provide guidance to the team and business on prioritization is required
  • Proven track record of cross functional relationships across the organization is required
  • Proven success in a fast-paced, startup environment is preferred


Join Our Team
We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.
The US base salary range for this full-time position is $130,180.00 - $195,270.00, plus bonus, equity, and benefits as applicable. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range and how that was determined during the hiring process.

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What are DraftKings Perks + Benefits

DraftKings Benefits Overview

DraftKings offers a comprehensive suite of benefits to promote health and financial security for you and your family. Medical, Dental, and Vision are provided to cover your essential total rewards needs. We are proud to give 14 weeks of 100% paid parental leave to all global team members. We understand that long-term planning is key, so we offer 401(k) with a competitive employer match. Discretionary offerings include supplemental Life Insurance, HSA, FSA, and a Commuter Benefits plan. DraftKings also offers a discount program to assist with programs/services that are important to you.

Culture
Volunteer in local community
DraftKings teammates volunteer and give back to local organizations such as Sleep In Heavenly Peace, Project Marilyn, and Spread the Word Nevada.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Quarterly engagement surveys
Flexible work schedule
DraftKings provides employees with a flexible work schedule that includes Flexible start and end times.
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
DraftKings has three Business Resource Groups: DK Shades, DK Pride, DK Women.
Health Insurance + Wellness
Flexible Spending Account (FSA)
DraftKings employees can contribute up to $2,700 annually to their FSA.
Disability insurance
Disability insurance covers 60% of annual salary up to $10,000 monthly maximum payout.
Dental insurance
Regular dental exams can help you, and your dentist detects problems in the early stages when treatment is simpler and costs are lower.
Vision insurance
Our vision plan covers routine eye exams and also pays for all or a portion of the cost of glasses or contact lenses if you need them.
Health insurance
Health Insurance benefit is covered by BCBS.
Life insurance
DraftKings provides Basic Life and AD&D Insurance to all eligible employees at no cost to them.
Pet insurance
Wellness programs
Mental health benefits
16 free Lyra sessions a year
Financial & Retirement
401(K)
401(K) matching
DraftKings will match 50% of employee contributions up to 6% of all 2018 eligible earnings (salary and bonus)
Company equity
Performance bonus
Charitable contribution matching
Pay transparency
Child Care & Parental Leave
Generous parental leave
DraftKings offers 14 weeks of paid parental leave
Adoption Assistance
Fertility benefits
Partnering with Progyny Fertility
Vacation + Time Off
Unlimited vacation policy
We value work life blend and you shouldn't worry about how much time off you have.
Paid holidays
DraftKings offers employees paid time off to observe all major holidays.
Bereavement leave benefits
Office Perks
Commuter benefits
DraftKings offers pre-tax commuter benefits to help you save money on qualifying transit or parking expenses.
Company-sponsored outings
DraftKings hosts company outings Annually.
Free snacks and drinks
Some meals provided
We have special snacks and food for different events and holidays
Company-sponsored happy hours
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Gym membership reimbursements
Home-office stipend for remote employees
Mother's room
Professional Development
Job training & conferences
Tuition reimbursement
Eligible employees may request reimbursement of up to $5,250/calendar year. To receive reimbursement, you must be enrolled in a degree or certificate program related to your field.
Lunch and learns
DraftKings hosts lunch and learns meetings once per month.
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available
Personal development training

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