Full-Time

Accounting Director

Confirmed live in the last 24 hours

Shutterstock

Shutterstock

5,001-10,000 employees

Provides stock images, videos, and music

Enterprise Software
AI & Machine Learning
Consumer Goods

Senior

New York, NY, USA

Hybrid work model with flexibility to work between home and office.

Category
Financial Accounting
Financial Controller
Management Accounting
Accounting
Required Skills
Financial analysis
Requirements
  • Bachelor’s degree in Accounting or Finance; CPA or MBA preferred.
  • 10+ years of accounting experience, with at least 5 years in a Management role
  • Experience with payment processors (Adyen, PayPal, etc.) and the associated Cash to Order reconciliations.
  • Management of Cash financial reporting and the related reconciliations by working closely with the Treasury team.
  • Knowledge of FX and how it impacts the financial statements
  • Familiarity with Lease Accounting, specifically ASC842.
  • Previously working with Workday Financials is a plus.
  • Ability to work independently and lead a team.
Responsibilities
  • Provide strategic direction and coaching to three current direct reports.
  • Ensure the accuracy and integrity of general ledger accounts and reconciliations.
  • Review and approve complex journal entries and adjustments.
  • Help manage the internal and external audit processes (SOX).
  • Oversee the maintenance of fixed asset records and related accounting.
  • Ownership of Company wide intercompany process and reconciliation.
  • Contribute to the development of the Company’s FX and translation reporting and analysis.
  • Ensure compliance with GAAP and regulatory requirements.
  • Collaborate with other departments to support overall financial goals.
  • Drive process improvements and efficiencies within the accounting function including further developing process documentation and team training.
  • Participate in special projects and ad hoc requests.

Shutterstock provides a wide range of digital content, including stock images, videos, and music, to various clients such as businesses, marketing agencies, and individual creators. Users can access over 350 million assets through a subscription-based model, which offers different pricing plans to suit their needs. This flexibility allows clients to choose between monthly subscriptions or on-demand purchases. Shutterstock also offers enterprise solutions for larger organizations that require extensive access and custom licensing agreements. A key differentiator for Shutterstock is its use of artificial intelligence to enhance its services, including AI image generators that help users create custom content efficiently while ensuring ethical practices in compensating artists. The company's goal is to meet the diverse needs of its clientele while providing straightforward pricing and licensing options.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

1%

1 year growth

6%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Shutterstock's strategic partnerships with industry leaders like NVIDIA and Databricks boost its AI capabilities, promising innovative solutions and market leadership.
  • The company's flexible subscription-based model and enterprise solutions cater to a wide range of clients, from small businesses to large corporations, ensuring broad market appeal.
  • Recent investments and board appointments, such as Microsoft's Jaime Teevan, indicate strong financial health and strategic growth potential.

What critics are saying

  • The competitive landscape of digital content is intense, with major players like Adobe posing significant threats to Shutterstock's market share.
  • Dependence on AI technology requires continuous innovation and ethical considerations, which could strain resources and operational focus.

What makes Shutterstock unique

  • Shutterstock's vast library of over 350 million assets provides unparalleled variety and depth, setting it apart from competitors with smaller collections.
  • The integration of AI tools, including generative 3D services and AI image generators, enhances user experience and content creation efficiency, distinguishing Shutterstock in the digital content market.
  • Shutterstock's commitment to ethical AI development, ensuring fair compensation for artists, positions it as a responsible leader in the industry.

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