Who we are
At CarGurus (NASDAQ: CARG), our mission is to give people the power to reach their destination. We started as a small team of developers determined to bring trust and transparency to car shopping. Since then, our history of innovation and go-to-market acceleration has driven industry-leading growth. In fact, we’re the largest and fastest-growing automotive marketplace, and we’ve been profitable for over 15 years.
What we do
The market is evolving, and we are too, moving the entire automotive journey online and guiding our customers through every step. That includes everything from the sale of an old car to the financing, purchase, and delivery of a new one. Today, tens of millions of consumers visit CarGurus.com each month, and ~30,000 dealerships use our products. But they're not the only ones who love CarGurus—our employees do, too. We have a people-first culture that fosters kindness, collaboration, and innovation, and empowers our Gurus with tools to fuel their career growth. Disrupting a trillion-dollar industry requires fresh and diverse perspectives. Come join us for the ride!
Role overview
The Assistant Corporate Controller is a highly visible and critical position providing leadership to the company’s accounting and reporting function. This position will report into the Corporate Controller. This role will have a broad scope of responsibilities across the accounting function and have visibility across the organization. The individual must demonstrate a strong ability to interpret and apply accounting principles in accordance with U.S. GAAP, have experience managing the month-end close process, possess strong general ledger system knowledge, provide meaningful reviews and feedback on a broad array of complex matters, and have excellent project management skills. Some travel to our Digital Wholesale business unit in Dallas, Texas is expected (5-10% travel).
What you'll do
- Provide oversight for the consolidated and segment level accounting functions, including ownership over the month-end close and financial results to ensure completeness, accuracy, and timeliness of all deliverables.
- Own consolidation of the segment level financials into the CarGurus ERP. Manage execution of integration efforts to improve the efficiency of this process.
- Review monthly financial reporting packages for the Executive Team.
- Oversee the accounting for technical and complex areas, including review of associated month end journal entries and account reconciliations as needed.
- Proactively identify and assess new technical accounting issues as they arise, including review of memorandums and managing the use of specialists as needed. These may include areas such as: revenue recognition under ASC 606, share-based compensation, ASC 842 leasing, capitalized website development costs, internal use software, judgmental estimates and reserves, and annual goodwill impairment assessments.
- Oversee external audit processes, including quarterly reviews and the year-end audit.
- Review and maintain accounting policies.
- Oversee statutory audit requirements and filings.
- Prepare board materials for the Audit Committee.
- Review of Forms 10-Q/10-K/8-K in accordance with U.S. GAAP and SEC requirements.
- Review financial disclosures within quarterly and annual earnings releases, investor decks, and other communications.
- Provide accounting support for special ad-hoc projects as necessary.
What you'll bring
- Bachelor’s degree in Accounting or Finance required, CPA required.
- 8+ years of total accounting experience with increased level of responsibility.
- Big 4 public accounting experience highly preferred.
- Technology/SAAS and public company management experience highly preferred.
- Strong system skills including experience implementing, integrating, or scaling ERP system capabilities. NetSuite experience strongly desired.
- Technical accounting expertise in areas such as ASC 606 Revenue Recognition, ASC 350 Intangibles and Goodwill, ASC 805 Business Combinations, and ASC 330 Inventory.
- Ability to challenge and improve existing processes through automation and redesign.
- Strong leadership and coaching skills with experience managing and mentoring teams.
- Excel at project management including ability to establish and consistently meet deadlines of a public company.
- Motivated team player with the ability to work in a fast-paced, forward-moving environment.
Working at CarGurus
We reward our Gurus’ curiosity and passion with best-in-class benefits and compensation, including equity for all employees, both when they start and as they continue to grow with us. Our career development and corporate giving programs, as well as our employee resource groups (ERGs) and communities, help people build connections while making an impact in personally meaningful ways. A flexible hybrid model and robust time off policies encourage work-life balance and individual well-being. Thoughtful perks like daily free lunch, a new car discount, meditation and fitness apps, commuting cost coverage, and more help our people create space for what matters most in their personal and professional lives.
We welcome all
CarGurus strives to be a place to which people can bring the ultimate expression of themselves and their potential—starting with our hiring process. We do not discriminate based on race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. We foster an inclusive environment that values people for their skills, experiences, and unique perspectives. That’s why we hope you’ll apply even if you don’t check every box listed in the job description. We also encourage you to tell your recruiter if you require accommodations to participate in our hiring process due to a disability so we can provide the appropriate support. We want to know what only you can bring to CarGurus. #LI-Hybrid