Full-Time

Senior Manager

Accounting

Posted on 9/26/2024

Compass

Compass

10,001+ employees

Real estate technology platform for transactions

Enterprise Software
Real Estate

Compensation Overview

$125k - $160kAnnually

+ Bonus + Restricted Stock Units

Senior

New York, NY, USA

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
NetSuite
Coupa
Data Analysis
Requirements
  • Bachelor’s Degree required, preferably in accounting
  • Certified Public Accountant (CPA), required
  • 8+ years of progressive accounting experience, with 3+ years of supervisory experience
  • Experience working in a public company with strong internal control environment, preferred
  • Advanced knowledge of US GAAP, required
  • Strong communication and organizational skills as well as impeccable attention to details
  • Ability to multi-task and handle several deadlines simultaneously
  • Strong analysis, problem solving and decision-making skills
  • Prior experience working in a SOX environment
  • Basic knowledge of residential real estate, preferred
  • Advanced Excel skills, required
  • Experience with NetSuite, Coupa, Concur, Workday HCM/Payroll and FloQast, a plus
Responsibilities
  • Oversee personnel expense accounting and analytics, including monthly reconciliation of payroll system to GL, various bonus calculations and formal review of several key personnel account reconciliations
  • Supervise fixed asset portfolio ensuring capitalized costs align with corporate policy and are appropriately configured in the fixed asset module
  • Review monthly legal accrual and collaborate with legal team to ensure law firm costs and litigation expenses are properly accrued
  • Approve journal entries as allocated and sign off on related balance sheet account reconciliations
  • Manage corporate card program, including supervising team issuing/canceling cards and ensuring monthly expenses are fully accrued
  • Support lease accounting team on an as-needed basis
  • Ensure consistent application of expense recognition across all entities as per US GAAP
  • Review the monthly income statement and balance sheet analytics
  • Collaborate with the financial planning and analysis team on the month-end close process and related analytics and reporting
  • Provide excellent customer service by proactively managing escalated issues and bring them to resolution
  • Ensure that the month-end close controls are in place and operating effectively
  • Maintain a system of controls, policies, and procedures over month-end activities
  • Manage and coach a team of ~4 associate/senior associate accountants with a strong focus on team development and cross training on key responsibilities
  • Collaborate with the internal controls team on establishing and maintaining controls
  • Coordinate with external auditors regarding the financial audit as well as controls testing
  • Other duties and ad-hoc projects as assigned

Compass provides a platform that simplifies the process of buying and selling real estate. The platform integrates various tools and services that assist both real estate agents and their clients throughout the entire transaction workflow. Users can access features that enhance efficiency, making it easier to navigate the complexities of real estate deals. Unlike traditional real estate firms, Compass leverages technology to create a more streamlined experience, which helps attract both agents and clients. The company's goal is to help individuals find their ideal homes while also supporting real estate professionals in their work.

Company Stage

IPO

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

12%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of @properties and Christie's expands Compass's domestic and international growth.
  • Increased adoption of VR and AR enhances property viewing experiences for Compass clients.
  • AI-driven predictive analytics improve Compass's market understanding and marketing strategies.

What critics are saying

  • Integration challenges with acquisitions could lead to operational inefficiencies.
  • Rapid expansion into new markets may result in overextension and service quality issues.
  • Reliance on commission-based revenue makes Compass vulnerable to real estate market fluctuations.

What makes Compass unique

  • Compass offers a comprehensive end-to-end platform for real estate transactions.
  • The company leverages technology to differentiate from traditional real estate firms.
  • Compass operates in over 22 major U.S. regions, including New York and Los Angeles.

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