Sr. Accounting Manager

Favor Austin , TX 78719

Posted 1 week ago

Favor is seeking an experienced Senior Accounting Manager with a deep passion for working at a high-growth company and who thrives in a fast-paced environment. We're looking for a detail oriented, roll-up-your-sleeves, and energetic person to lead the company's monthly financial close and reporting. We're looking to add a seasoned accounting professional with deep accounting operational experience and an understanding of transactional eventing and payments processing systems in the tech industry with a Big 4 public accounting background. This role reports to the Director, Accounting and is a hybrid role based in Austin, Texas.

What you'll do:

  • Oversee all aspects of timely and accurate month-end close activities, including review of journal entries, account reconciliations, and Generally Accepted Accounting Principles (GAAP) financial statements

  • Lead the Accounting team with daily operations, including accounts payable, accounts receivable, treasury, expense management, and regulatory compliance

  • Guide the Finance team and other business teams on trends and expectations for expense forecasting

  • Oversee application of significant accounting principles, account fluctuation analysis, and maintenance of financial statement files

  • Own our internal financial reporting system ("Click to Cash") in collaboration with our Payments Engineering team

  • Work cross-functionally with Engineering and Product leadership teams on requirements for new products and features

  • Research technical accounting issues for new and proposed management initiatives and new accounting standards, documenting and presenting the company's position

  • Collaborate with our parent company, H-E-B, on intercompany reporting, tax, and compliance

Skills you have:

  • A bachelor's degree or higher in Accounting

  • 8+ years of progressive experience, including Big 4 public accounting and operational experience

  • 3+ years of management experience, including leadership and development responsibilities

  • Experience with financial statement analysis and research and application of complex accounting standards in accordance with GAAP and FASB

  • Understanding and experience with transactional eventing and payment processing systems

  • Advanced level of Microsoft Excel and experience using Google Workspace

  • Comprehensive knowledge of accounting concepts, including researching and applying GAAP for complex concepts

  • A certified public accountant (CPA) is strongly preferred

  • Familiarity with structured query language (SQL) is a plus

Who you are:

  • You have experience leading the reporting and analysis of transactional eventing and payment processing systems, including identifying areas of risk, improvement, and cost savings

  • You are familiar with relational database concepts

  • You have operational accounting industry experience, such as general ledger maintenance and month-end close review

  • You can multitask, possess a high level of intellectual curiosity, and work well in a dynamic environment

  • You are a self-starter with the ability to work independently and effectively in a team environment

  • You have a strong, consistent work ethic with a keen attention to detail and ability to focus on the big picture

  • You apply feedback and produce a consistent and accurate work product

  • You can analyze and implement continuous process improvements

  • You are a proactive, confident, and tactful communicator across all levels of the company

Life at Favor

Where you'll work: This is a hybrid role, meaning you'll work from home roughly three days per week and collaborate with other team members in person at our HQ in Austin, Texas for the remaining work days. No matter where you work best, we foster an inclusive and flexible environment to support our workforce.

Benefits: We offer premium health, vision, dental, and life insurance, alongside 401(k) options. We go beyond the basics, while also throwing in Favor delivery fee credit and H-E-B discounts!

Paid time off (PTO): We offer unlimited PTO for salaried employees (that's actually unlimited) and ample vacation time to all team members.

Learning and development: We encourage personal growth and education through Intern(al)ships and Learning Labs taught by Favor team members and external facilitators.

Community: Whether you're an avid cyclist, dog lover, or Magic enthusiast, there's a group for you here. We foster community through Employee Resource Groups (ERGs), company-wide events, happy hours, and regular connection opportunities.

Diversity, equity, and inclusion: At Favor, we believe that to be the best delivery app in Texas, we need to represent all Texans. We are committed to growing a team with different backgrounds, experiences, abilities, and perspectives, and we are an equal opportunity employer.

In addition, as a candidate, if you require any accommodations throughout the recruitment process, simply let your recruiter know! Our talent acquisition team will work with you directly to ensure a smooth and delightful process.


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