Full-Time

Accounting Manager

Corporate Accounting

Posted on 11/21/2024

WeWork

WeWork

5,001-10,000 employees

Provides coworking and office space solutions

Social Impact
Real Estate

Compensation Overview

$97.5k - $130kAnnually

+ Incentive Compensation

Senior

New York, NY, USA

Category
Cost Accounting
Financial Accounting
Management Accounting
Accounting
Required Skills
Financial analysis
Requirements
  • 5+ years of relevant accounting experience, including 2+ years of supervisory experience
  • Bachelor’s degree (B.A. / B.S.) or equivalent in accounting or related discipline. Master’s degree preferred.
  • Active CPA license in good standing
  • Minimum 2 years of experience at “Big 4” public accounting firm preferred.
  • Proficient with MS Office with advanced excel skills and the ability to manipulate large data sets (VLOOKUP, Sum-Ifs, Pivot tables, etc.)
  • Strong working knowledge of US GAAP and Sarbanes-Oxley requirements
  • Excellent communication skills; proven ability to communicate effectively with internal and external business partners at various levels
  • Problem solver with strong organizational skills with the ability to manage multiple competing priorities
  • Familiarity with analytical process automation specifically Alteryx a plus
  • Working knowledge of Workday a plus
Responsibilities
  • Managing a team of off-shore accountants to record and reconcile all intercompany transactions. Including billings, loans, and settlements by legal entities, ensuring timely and accurate intercompany reconciliations are delivered within the month end close process. Working with counterparts across finance to resolve any discrepancies and to ensure completeness and accuracy of financial records.
  • Analyze and account for foreign currency transactions and perform necessary revaluation or translation adjustments for consolidated financials. Analyze and assess the impact of FX gains and losses both realized and unrealized.
  • Supporting automation initiatives related to consolidation and intercompany accounting tasks, including optimizing the use of ERP systems. Helping to drive the reduction of the close timeline and improving accuracy by assessing and streamlining close-related activities.
  • Establishing goals for the direct reports that are aligned with the overall Accounting team goals.
  • Serve as a technical accounting resource, working cross-functionally to provide guidance and prepare memos as needed in areas including mergers & acquisitions, franchising and company initiatives.
  • Key point of contact for both Group and subsidiary auditors. Providing support and explanations between the accounting team, external auditors and other internal and external partners whilst adhering to external reporting timelines.

WeWork provides shared workspaces and office solutions for individuals and businesses. Their spaces are designed to be flexible, allowing users to rent desks or private offices based on their needs. WeWork's locations are equipped with amenities such as high-speed internet, meeting rooms, and communal areas, making it easy for members to collaborate and network. Unlike traditional office rentals, WeWork offers short-term leases and a variety of membership plans, catering to freelancers, startups, and larger enterprises. The goal of WeWork is to create environments that foster productivity and community among its members.

Company Stage

IPO

Total Funding

$12.8B

Headquarters

New York City, New York

Founded

2010

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-10%

2 year growth

-18%
Simplify Jobs

Simplify's Take

What believers are saying

  • Flexible workspace demand is increasing with hybrid work models benefiting WeWork's business model.
  • Digital nomadism rise creates global coworking space demand, expanding WeWork's international presence.
  • Sustainability focus in office spaces attracts eco-conscious companies to WeWork's offerings.

What critics are saying

  • Increased competition from Upflex threatens WeWork's market share in hybrid workspace solutions.
  • Remote work trends post-pandemic decreased demand for shared office spaces, impacting profitability.
  • WeWork's $19 billion debt limits its ability to invest in growth and innovation.

What makes WeWork unique

  • WeWork transforms buildings into dynamic, collaborative workspaces for creativity and focus.
  • WeWork offers infrastructure, services, events, and tech to support its members' passions.
  • WeWork provides flexible leasing options, aligning with post-pandemic office downsizing trends.

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Benefits

Competitive healthcare benefits

Life and AD&D insurance

401(k) matching

20 days of PTO

10 paid holidays

80 hours of paid sick time per full calendar year

16 weeks paid parental leave

INACTIVE