Director, Accounting (Breakage Operations)

Overview

This role involves managing the development, implementation, and/or maintenance of one or more accounting systems in accordance with GAAP policies and procedures. The position will lead the Breakage Operations function, with responsibility for accounting, financial reporting, and regulatory compliance activities related to prepaid card and deposit products sponsored and managed by the organization.

The role oversees escheatment and other breakage-related processes, including review of journal entries and GAAP-compliant financial reporting, compliance with state unclaimed property regulations, reconciliation and remittance of applicable funds, and the timely identification and resolution of operational issues. The Accounting Director serves as a key liaison across internal business partners, external stakeholders, and regulatory constituencies.

Responsibilities

• Ensure compliance with financial transaction recording standards, including general ledger, cash payments/collections, and tax transactions.
• Perform control and reconciliation of accounts and records, including balance sheet, P&L, and bank accounts.
• Prepare accounting reports and schedules for internal and external audiences, including consolidation of financial statements, cash flow reporting, and budget reporting.
• Support cost accounting and budgeting activities, including allocation of direct/indirect costs and variance analysis.
• Review and recommend policy changes; assess the internal control structure and recommend changes.
• Develop, maintain, monitor, and enforce accounting policies in accordance with GAAP and regulatory agency financial reporting and disclosure guidelines.
• Perform reviews on technical accounting areas.
• Review workflow for efficiencies and improvements and implement changes.
• Document and communicate complex technical accounting and financial reporting matters.
• Ensure accurate compilation, analysis, and reporting of accounting data and revenue.
• Participate in annual audits and special projects, including working with external consultants or auditors as needed to provide required information and ensure proper recordkeeping for historical purposes.
• Hire, coach, and manage performance for direct reports.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree or equivalent education and work experience.
• Typically 8+ years with bachelor's or equivalent.
• CPA preferred.

Preferred Qualifications

• CPA preferred.

Compensation & Benefits

• Salary range: $104,000– $174,000
  • The salary range reflects the minimum and maximum target for a new hire in this role.
  • Individual pay within the range will be determined by factors that can include experience, qualifications, skills, and location.
  • Ranges may be modified in the future.
• Annual performance-based incentive opportunity (eligible).
• Comprehensive benefits package for eligible employees, including:
  • Health insurance
  • 401(k) retirement benefits
  • Life insurance
  • Disability benefits
  • Paid time off

Location

Hybrid/remote with onsite locations in:

• Sioux Falls, SD
• Phoenix, AZ
• Louisville, KY
• Troy, MI
• Franklin, TN
• Easton, PA

Additional Information

• Applications will be accepted for a minimum of 3 days after posting, with no predetermined submission end date.
• Equal Employment Opportunity employer; considers applicants without regard to protected categories under applicable law.
• Candidate scam warning: report and avoid employment scams impersonating the organization.