Manager, Accounting Consolidations at Snap Inc.

Los Angeles, California, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Feb, 26

Salary

214000.0

Posted On

08 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Intercompany Accounting, General Ledger, Financial Systems, Oracle Fusion, Oracle EPM, Blackline, Internal Controls, Analytical Skills, Communication Skills, Cost Center Management, Chart Of Accounts, Financial Close Processes, Data Accuracy, Collaboration

Industry

Software Development

Description

Snap Inc is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles. The Manager, Consolidations will be responsible for a variety of critical financial tasks and controls, ensuring accuracy and compliance across intercompany transactions,, Blackline reconciliations, financial statement line item (FSLI) cost center reviews, chart of accounts (COA) management, and general ledger (GL) close processes. This role involves close collaboration with various internal teams, including Controllership, BPF, Fintech, Treasury and Tax teams, and requires a strong understanding of financial systems such as ERP and EPM(FCCS, Narrative Reporting, and EPBCS). Key Responsibilities: Manage intercompany invoice approvals, review wire summary transactions, and conduct intercompany reconciliation and close procedures. Manages Blackline, including updating period-end dates, facilitating quarterly sign-offs, and managing reconciliation approvals. Address ad hoc GL account requests and conduct quarterly checks of new account groups. Utilizes Business Admin role for account rule changes and manages materiality thresholds. Manage monthly cost center reviews, ensuring proper documentation and escalation of unusual changes. Perform mid-month Chart of Accounts (COA) reviews and approvals, and collaborate with the Consolidations Manager for COA validation before General Ledger (GL) closes. Oversee financial close processes, including data loads, journal entry approvals, balance sheet reviews, and status communication. Manages domestic and international consolidations, including preparing monthly and quarterly close packs, providing flux explanations for various accounts, coordinating with external auditors, and preparing executive summaries. Manages critical accounting processes, including intercompany transactions, CTA reviews, internal control reviews, and critical accounting judgments. Manage financial consolidations, resolve reporting discrepancies, ensure data accuracy in financial systems, and support external audit inquiries. Minimum Qualifications: Bachelor’s degree or higher in accounting or finance or equivalent years of experience CPA Preferred 6+ years of accounting or close experience in mid/large size, public multi-national or fast-growing companies, Strong understanding of intercompany accounting, GL close processes, and financial reporting. Proficiency in financial systems with Oracle Fusion, Oracle EPM and Blackline a plus Experience with internal controls Excellent attention to detail and analytical skills. Ability to work independently and collaboratively with various teams. Strong communication skills, both written and verbal. Ability to manage multiple tasks and deadlines in a fast-paced environment. Preferred Qualifications: Active CPA If you have a disability or special need that requires accommodation, please don’t be shy and provide us some information. "Default Together" Policy at Snap: At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office 4+ days per week. At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets. We are an Equal Opportunity Employer and will consider qualified applicants with criminal histories in a manner consistent with applicable law (by example, the requirements of the San Francisco Fair Chance Ordinance and the Los Angeles Fair Chance Initiative for Hiring, where applicable). Our Benefits: Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success! Compensation In the United States, work locations are assigned a pay zone which determines the salary range for the position. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The starting pay may be negotiable within the salary range for the position. These pay zones may be modified in the future. Zone A (CA, WA, NYC): The base salary range for this position is $142,000-$214,000 annually. Zone B: The base salary range for this position is $135,000-$203,000 annually. Zone C: The base salary range for this position is $121,000-$182,000 annually. This position is eligible for equity in the form of RSUs. A Decade of Snap: Learn about our origin story, values, mission, culture of innovation, and more. CitizenSnap: In our third annual CitizenSnap Report, we demonstrate progress towards our environmental, social, and governance (ESG) goals, and we lay out our plans looking forward. The DEI Innovation Summit: Watch highlights from the 2nd annual DEI Innovation Summit, which brings together thought leaders and DEI experts for a day of courageous conversations to enable bold action. Snap News: Stay up to date on the latest and greatest product and innovation news at Snap Applicant and Candidate Privacy Policy

Responsibilities

The Manager, Accounting Consolidations will oversee critical financial tasks, ensuring accuracy and compliance across intercompany transactions and financial close processes. This role involves collaboration with various internal teams and managing financial consolidations and reporting discrepancies.