Director of Accounting

About Us:
DailyPay is transforming the way people get paid. As a worktech company and the industry’s leading on demand pay solution, DailyPay uses an award-winning technology platform to help America’s top employers build stronger relationships with their employees. This voluntary employee benefit enables workers everywhere to feel more motivated to work harder and stay longer on the job while supporting their financial well-being outside of the workplace.
DailyPay is headquartered in New York City, with operations throughout the United States as well as in Belfast. For more information, visit DailyPay's Press Center.

The Role:

We are looking for a highly motivated Director of Accounting to join DailyPay’s Accounting team. This position will report to the Assistant Controller and this role will require you to work across the broader organization, up to and including senior management. This is a wonderful opportunity for a dynamic leader who seeks broad responsibility, works well in a high-paced and high-growth environment, and wants to make a difference.

This role will be based in our HQ-NY Office. If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.

How You Will Make an Impact:

I. Accounting Operations & Process Improvement:

• Supervise and mentor the accounting team, including general ledger, accounts payable, accounts receivable, and payroll functions, fostering a high-performance and collaborative environment.

• Drive continuous improvement initiatives within the accounting department to enhance efficiency, accuracy, and scalability of processes, leveraging technology where appropriate.

• Oversee the month-end, quarter-end, and year-end close processes, ensuring all deadlines are met and reconciliations are performed thoroughly and accurately.

• Manage the general ledger system (e.g., SAP, Oracle, NetSuite), ensuring proper chart of accounts maintenance, master data integrity, and system configurations.

• Develop and implement robust internal controls over financial reporting (SOX compliance), ensuring design effectiveness and operational efficiency. Identify control deficiencies and implement corrective actions.

• Oversee cash management and banking relationships, including daily cash positioning, forecasting, and reconciliations.

II. Financial Reporting & Technical Accounting:

• Responsible for complex accounting areas, such as revenue recognition (ASC 606), leases (ASC 842), stock-based compensation, consolidations, foreign currency translations, and business combinations.

• Manage the consolidation process for all domestic and international subsidiaries, ensuring intercompany eliminations and minority interest calculations are performed accurately.

• Develop and maintain comprehensive accounting policies and procedures, ensuring they are well-documented, effectively communicated, and consistently applied across the organization.

• Serve as a key liaison with external auditors, managing the audit process, responding to inquiries, and ensuring all required audit schedules and documentation are provided accurately and on time.

III. Leadership, Strategy & Cross-Functional Collaboration:

• Provide strong leadership and guidance to the accounting team, promoting professional development, training, and succession planning.

• Collaborate effectively with other departments such as FP&A, Treasury, Tax, Legal, Internal Audit, and IT to ensure alignment of financial information and support strategic initiatives.

• Participate in strategic projects and initiatives as required, providing accounting expertise and ensuring financial implications are properly considered.

• Present financial information and analysis to senior management as needed.

What You Bring to The Team:

• Bachelor's degree in Accounting or Finance; CPA highly preferred

• 10+ years of progressive accounting experience, with a significant portion in a large, publicly traded company environment

• Demonstrated experience with SEC reporting requirements and US GAAP.

• Strong understanding of internal controls and SOX compliance.

• Experience with NetSuite is highly preferred.

• Excellent leadership, communication, and interpersonal skills.

• Ability to manage multiple priorities and work effectively in a fast-paced environment

What We Offer:

• Exceptional health, vision, and dental care

• Opportunity for equity ownership

• Life and AD&D, short- and long-term disability

• Employee Assistance Program

• Employee Resource Groups

• Fun company outings and events

• Unlimited PTO

• 401K with company match