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Director of Accounting
Orix Boston, MA
$166k-208k (estimate)
Full Time | Lending & Credit 2 Months Ago
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Orix is Hiring a Director of Accounting Near Boston, MA

Purpose and Job Summary
This role will provide technical and financial GAAP reporting expertise and oversight of the Corporate and Fund Accounting teams at Boston Financial (BF).
Essential Duties & Responsibilities
  • Oversees the accounting operations for both the fund and corporate reporting platforms, including technical accounting, internal controls, and financial reporting in support of our growth.
  • Supports the Corporate Accounting team during the monthly, quarterly, and annual accounting close bringing expertise in transactional accounting and GAAP financial reporting.
  • Supports the Fund Accounting team in quarterly and annual accounting, financial and tax reporting for 170 low-income housing tax credit Funds. Collaborates with the Fund Management team to ensure all Fund financial statements are consistently delivered on time to the Fund investors.
  • Partners with the Financial Planning & Analysis team to prepare monthly management reporting to theCEO and BF leadership team.
  • Primary contact for the ORIX Internal Audit Team (“IA”) related to designing, developing, monitoring, and testing business processes under Sarbanes-Oxley Section 404 (SOX). Key areas of focus include consolidation and revenue recognition analyses.
  • Serves as the head of the BF SOX Committee. Primary responsibilities include facilitating the maintenance of internal control documentation, overseeing testing procedures performed by IA and reviewing proposed remediation activities.
  • Oversees proper accounting treatment of all transactions in accordance with GAAP; Includes researching accounting requirements and implications for complex transactions.
  • Primary liaison with the ORIX Chief Financial Officer in technical accounting matters such as consolidation and revenue recognition analyses.
  • Primary relationship owner for the corporate accounting external auditors, KPMG and multiple fund external auditors.
  • Partner.and provide support on technical accounting matters related to new business activities.
  • Provide leadership and vision for scaling the fund and corporate reporting platform infastructure to keep up with the demands of the business
Leadership & Team Building
  • Highly effective leadership skills with the ability to motivate a team, hold self and others accountable, promote open communication, individual development, team bonding and comradery, effective cross function collaboration, and ensure an inclusive people environment that consistently seeks out the value that everyone brings to the team.
  • Promotes team engagement to foster professional excellence and continual development of our business practices.
  • Ability to manage multiple priorities and lead a team of (3) Assistant Controllers with oversight of two functional areas: Corporate Accounting (3), Fund Accounting (17); total of (20) staff.
  • Provides coaching and direction to team leaders and leads efforts to create a climate that fosters high engagement, belonging and inclusion, and talent retention.
  • Addresses performance issues or concerns timely, ensures appropriate documentation is maintained, and elevates issues to Human Resources, Legal and/or others where appropriate.
  • Identifies and defines metrics and measures to monitor team and individual progress; Evaluates performance opportunities and celebrates successes.
  • Travel Requirements – less than 10 %Other projects and duties as assigned.
Contacts
This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.
Education, Skills & Experience
  • Bachelor’s degree in accounting/finance or related discipline required.
  • Certified Public Accountant (CPA) designation, preferred.
  • 10 years’ progressive accounting experience in public accounting or similar environment
  • Experience in multi-family real estate, preferred.
  • Experience in successfully scaling people, processes, and systems to support company evolution and growth.
  • Proven track record in leading teams and managing through change effectively.
  • Excellent verbal, written and interpersonal skills required.
Life at ORIX
We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
You Time
We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Family Care
Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
Flexible Work Arrangements
ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.
Boston Financial Investment Management, LP and its parent company, ORIX USA, is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Lending & Credit

SALARY

$166k-208k (estimate)

POST DATE

07/09/2024

EXPIRATION DATE

10/05/2024

WEBSITE

orix.co.jp

HEADQUARTERS

HAMAMATSUCHO, KANTO

SIZE

15,000 - 50,000

FOUNDED

1964

CEO

MAKOTO INOUE

REVENUE

$10B - $50B

INDUSTRY

Lending & Credit

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The job skills required for Director of Accounting include Accounting, Leadership, Collaboration, Financial Statements, Internal Control, Financial Reporting, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Accounting. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Accounting. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Accounting positions, which can be used as a reference in future career path planning. As a Director of Accounting, it can be promoted into senior positions as a Top Accounting Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Accounting. You can explore the career advancement for a Director of Accounting below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Accounting, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Accounting for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Accounting job description and responsibilities

The Director of Accounting and Finance will work closely with program leaders and their staffs, not only to educate them regarding finance procedures but also to explore how the finance function can support program operations.

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And finally, the Director of Accounting and Finance will work closely with the CFO to help create and sustain a great workplace within the Finance department for competent, highly motivated, and results-oriented people whose core values and work ethic ali

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Public accountants who work for accounting firms or are self-employed perform audits and prepare financial documentation and tax forms for clients.

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Hiring, training and retaining competent accounting staff.

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Accounting directors must be able to effectively manage large teams of people while also providing direction on how they should perform their jobs.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Accounting jobs

Take a look at these common accounting director job specifications for some good examples.

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Review the following career profiles for expectations of management accounting positions representing entry-, mid- and senior-level employment.

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They also should have comprehensive knowledge of generally accepted accounting principles (GAAP).

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Proven knowledge of accounting regulations, practices and standards.

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3-5 years of prior experience as an Accounting Manager.

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