Director of Financial Reporting

Responsibilities

IPO Readiness & External Reporting

• Lead preparation of the multi-year audited financial statements required for the S-1 registration statement, including the transition to PCAOB-standard audits
• Build the external reporting function: financial statements and footnotes, MD&A support, segment reporting, EPS, and stock-based compensation disclosures
• Manage international reporting requirements and multi-entity consolidation, including foreign currency translation
• Own the financial reporting calendar, disclosure controls, disclosure checklists, tie-outs, and review procedures
• Own controls over the external reporting process; partner with the SOX lead on ICFR readiness, documentation, and remediation
• Serve as primary point of contact for external auditors on quarterly reviews and annual audits; resolve issues with clear, timely analysis
• Prepare and review materials for underwriters, legal counsel, and advisors through the IPO process

Technical Accounting

• Serve as the internal authority on complex US GAAP matters; research, document, and communicate conclusions in technical memoranda for non-routine transactions
• Key areas include revenue recognition (ASC 606) for product, contract, and multi-element arrangements; inventory and cost accounting; leases (ASC 842); debt and equity financings, convertible instruments, and warrants; stock-based compensation (ASC 718); business combinations; and impairment
• Build and implement the stock compensation process, including accounting for all stock options and other equity awards in accordance with ASC 718
• Develop and maintain written accounting policies, position papers, and implementation guidance to ensure consistent application across the company
• Monitor new FASB and SEC pronouncements, assess their impact, and lead implementation

Close, Systems & Process Improvement

• Strengthen NetSuite configuration, data flows, and reporting to improve accuracy, scalability, and auditability, in line with public company reporting requirements
• Lead or support finance system implementations (e.g., Workiva, consolidation, GRC tools such as AuditBoard, close management) and automation of manual processes
• Partner and support the accounting team to enhance the monthly and quarterly close process so it supports external reporting requirements
• Lead accounting process improvement initiatives that improve the accuracy and timeliness of financial reports and statements

Other

• Own other ad hoc process improvement projects to improve the financial reporting process
• Manage international statutory reporting requirements

You should have the following

• Bachelor's degree in Accounting or Finance; active CPA required. Master's or MBA preferred
• 12+ years of progressive accounting experience, including meaningful time in public accounting (Big 4 or national firm assurance preferred) and at a public or pre-IPO company
• 5+ years leading accounting teams, with demonstrated progression in management responsibility
• Deep, hands-on US GAAP expertise and the ability to research independently and write clear technical memos
• Experience preparing or reviewing SEC filings and US GAAP financial statements, and working with external auditors on complex matters
• Experience with multi-entity and international consolidation, including foreign currency (ASC 830)
• Working knowledge of SOX 404 and COSO, including control design and remediation
• Strong NetSuite (or comparable ERP) skills and advanced Excel
• Direct experience taking a company public via IPO, including S-1 preparation and the first year of public reporting

Nice to have

• Big 4 national office or technical accounting advisory experience
• Experience in aerospace, defense, hardware, or other high-growth manufacturing
• Experience with Workiva and AuditBoard or comparable reporting solutions

Pay and benefits

The salary range for this role is an estimate based on a wide range of compensation factors, inclusive of base salary only. Actual salary may vary based on (but not limited to) work experience, education and/or training, critical skills, and/or business considerations. Highly competitive equity grants are considered part of Neros' total compensation package.