Accounting & Reporting Advisory IPO/SPAC Execution Services Manager

Company: Deloitte
Location: Hartford
Posted on: May 24, 2023

Job Description:

We are in the process of expanding Deloitte's Accounting and Reporting Advisory practice within the IPO/ SPAC (Special Purpose Acquisition Company) Execution Services offering. Preparing to go public via an IPO or a SPAC merger can be a complex and time-consuming process, and companies must address financial reporting, technical accounting, internal controls, systems, and auditing considerations to prepare for going public. A target company in a SPAC merger will need to prepare itself for being a public company oftentimes within a few months, which is a shorter timeline compared to a traditional IPO for substantially the same preparation, due diligence, prospectus-drafting and SEC engagement and ongoing oversight. Public company execution and public company sustainment services for both IPO and SPAC mergers should cover cross-functional topics such as: technical accounting, financial reporting and close, finance effectiveness, financial planning and analysis, tax matters, internal controls and internal audit, human resources and compensation, investor relations, enterprise risk management, technology and cybersecurity, among other things.


Are you a detail-oriented, inquisitive individual who enjoys coming up with solutions to client issues? Are you technically sound when it comes to accounting and reporting matters? We are seeking professionals who want to build off their existing accounting experience and/or audit knowledge and use such knowledge on exciting advisory projects that add great value to our clients. From technical accounting issues, to new standard implementations; from complex transaction support to internal controls, the leaders of our practice will help you in expanding your experience base to further develop your career. At Deloitte, we provide services using an approach designed to provide the flexibility to serve the unique circumstances and complexities of our clients. You'll gain exposure to a variety of industries, business models and financial accounting areas, helping your career growth and professional development.


Work you'll do


As an IPO / SPAC execution - Accounting and Reporting Advisory Manager, you will oversee day-to-day operations of engagements. You'll closely work with the team to tackle accounting, reporting and other issues, while using our cutting-edge tools and technology. You will leverage your various skillsets to be an agile contributor to the practice. Other responsibilities will include:


Identify, prepare and participate in proposals for new clients and projects

Be an advisor to newly public and private clients to assist with accounting, financial reporting and internal control matters, among other areas

Stay connected to market trends to think through future innovative solutions

Guide integration of overseas resources to drive efficient execution

Develop, maintain and leverage internal contacts across Deloitte businesses

Strengthen client relationships and generate additional engagement opportunities through excellent quality, timely execution and a strategic approach to service delivery

Supervise, coach and mentor all levels of staff. Conduct performance reviews and contribute to performance feedback and training. Develop and communicate workplace culture and code of conduct

Be part of a team that assists clients in preparing the financial and reporting aspects of an IPO/ SPAC, such as,

Assess IPO / SPAC readiness

SEC reporting requirements

Technical accounting matters

Internal controls, internal audit, risk and compliance management

GAAP conversion from or into international accounting standards, e.g., IFRS or US GAAP

Preparation of the financial disclosures

Services implementing corporate governance structures, streamlined close, consolidate report processes, consideration of investor relations, human capital, and operational improvements


The team


Our team culture is collaborative and encourages team members to take initiative and seek on-the-job learning opportunities. Our professionals are committed to excellence and to enhancing the trust of the investing public and capital markets.


Qualifications


Required


5+ years of public accounting or equivalent experience

2+ years of experience in managing and supervising teams

Bachelor's degree in accounting or related field

Certified Public Accountant (CPA) certification

Ability to travel up to 50%, on average, based on the work you do and the clientsandindustries/sectorsyou serve


Preferred


Strong and up-to-date technical knowledge of US GAAP accounting standards

Experience in researching and clearly documenting accounting issues and applicable accounting standards

Ability to read complex documents, synthesize and summarize important facts

Proficient in the use of Microsoft Office Suite especially Excel

Ability to think creatively, problem solve and work independently on multiple engagements

Proven experience in managing client relationships

Ability to manage and motivate teams with team members at all levels

Strong on-the-job training skills and a desire to teach

Experience working in a fast-paced, team environment

Good project and time management skills

Good presentation skills and an ability to explain complex issues clearly and succinctly

Experience in financial reporting and SEC requirements of IPOs an advantage

Ability to build presence in the marketplace, network and build relationships, such as maintaining relationships with college alumni

Prior experience in financial reporting and SEC requirements

Prior experience around SOX and internal controls

Knowledge and experience of SPAC mergers and/or traditional IPOs

Ability to work efficiently and effectively in a virtual environment

Limited immigration sponsorship may be available


The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $90,300 - $202,800.


You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.


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