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GL Accounting Lead

4 months ago

Bengaluru, India Okta, Inc. Full time

Get to know Okta

Okta is The World’s Identity Company. We free everyone to safely use any technology—anywhere, on any device or app. Our Workforce and Customer Identity Clouds enable secure yet flexible access, authentication, and automation that transforms how people move through the digital world, putting Identity at the heart of business security and growth. 

At Okta, we celebrate a variety of perspectives and experiences. We are not looking for someone who checks every single box - we’re looking for lifelong learners and people who can make us better with their unique experiences. 

Join our team We’re building a world where Identity belongs to you.

Position Description:  We are in search of a top-tier GL Accounting member who is highly motivated to learn and grow within a fast-paced organization. This role will lead the Stock-based compensation accounting team in finance shared services and be responsible for supervising the work of assigned staff, supporting the month-end close process, SOX compliance control execution and quarterly / annual audit process, as well as identifying and driving project-based work to provide process efficiencies. The ideal candidate is a detail-oriented, communicative, self-motivated team player with a solid working knowledge of US GAAP, SEC regulations, and internal controls. Additionally, this individual thrives on process improvement and enjoys working in a challenging, collaborative environment to support our continued growth and success.

Job Duties and Responsibilities:

Manage and oversee the accounting for stock-based compensation under ASC-718 Lead the month-end close activities, including review of journal entries and balance sheet reconciliations related to stock-based compensation Review balance sheet and P&L fluctuation analyses Partner with the Stock Administration team to confirm employee equity awards and related inputs and transactions are properly captured in our stock administration tool (E*TRADE Equity Edge Online) to ensure stock-based compensation expense is calculated correctly Assist in preparing internal, statutory, and external financial reporting schedules Support the quarterly reviews and annual audit requests and inquiries from our external auditors Maintain and enhance the internal controls over accounting processes and systems and ensure SOX policy compliance Assist in implementing new accounting policies and procedures and assessing the accounting implications of new transactions or scenarios Partner cross-functionally with internal stakeholders such as Stock Administration, Payroll, FP&A, Tax, International Statutory Reporting, Internal Audit, and SEC teams Provide a high level of customer service with finance and non-finance business partners by providing financial insights and relevant reporting Ad hoc accounting projects and requests, as needed Mentor, coach, build and develop the team

Minimum Required Knowledge, Skills, and Abilities:

Bachelor’s degree, emphasis in Accounting Experience accounting for Stock-based compensation under ASC-718 Knowledge of the operational processes related to employee equity compensation including Options, Restricted Stock (RSUs & RSAs), Performance Stock (PSUs), and Employee Stock Purchase Plan (ESPP) 8+ years working experience of combined public accounting and private industry at a publicly traded company With at least 3+ years supervisory experience Ability to work in a dynamic setting while maintaining accuracy and delivering against deadlines Hands on experience with supporting US Corporate headquarters Solid working knowledge and application of US GAAP, SEC regulations, and SOX/internal controls Strong problem solving, analytical, and organization skills Ability to identify, follow-up, and resolve discrepancies timely High level of attention to detail is a must Strong interpersonal and communication (both verbal and written) skills A team player, adept at building relationships across the organization Proficient with Google Workspace (Gmail, Sheets, Docs) and Microsoft tools (Excel, Word, PowerPoint) Experience with NetSuite and/or other major ERPs (, Oracle, SAP) preferred  Experience using E*TRADE Equity Edge Online or other comparable stock plan administration system preferred Experience with publicly traded technology company preferred CPA or CPA equivalent is a plus

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What you can look forward to as an Full-Time Okta employee

Amazing Benefits Making Social Impact Fostering Diversity, Equity, Inclusion and Belonging at Okta 

Okta cultivates a dynamic work environment, providing the best tools, technology and benefits to empower our employees to work productively in a setting that best and uniquely suits their needs. Each organization is unique in the degree of flexibility and mobility in which they work so that all employees are enabled to be their most creative and successful versions of themselves, regardless of where they live. Find your place at Okta today .