Technical Accounting Manager

About Exela

Exela Technologies (NASDAQ : XELA) is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune® 100. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, Exela's software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and approximately 15,000 employees operating in 21 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner.

About XBP Europe

XBP Europe is a pan-European integrator of bills, payments and related solutions and services seeking to enable digital transformation of businesses. The company's name — 'XBP' stands for 'exchange for bills and payments' and reflects the company's strategy to connect buyers and suppliers, within multiple industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients' bills and payments and related digitization processes. XBP Europe believes its business ultimately advances digital transformation, improves market-wide liquidity by expediting payments, and encourages sustainable business practices.

The Company serves over 2,000 clients across Europe. The Company processed in excess of 900 million payment transactions in 2021 and 1 billion payment transactions in 2022. This volume is achieved using its cloud-based structure, which enables the Company to deploy its business solutions to clients across the European market. In addition, the Company's physical footprint, spanning 15 countries with 34 locations, utilization of a strong asset light financial model and significant operating leverage also contributes to such scale.

XBP Europe is a wholly owned subsidiary of Exela. It is in a process of going public via merger with CF Acquisition Corp. VIII. The closing of the transaction is expected in the third quarter of 2023, upon which the Company's common stock will trade on Nasdaq under the symbol 'XBP'.

Essential Duties and Responsibilities :

Own the financial reporting process including drafting of Form 10K / Q and other SEC filings, tie out binder and review by external auditors SEC filing

2. Research technical US GAAP and SEC accounting and reporting matters

3. Drafting technical accounting memorandums

4. Own financial reporting controls under Section 404 of the Sarbanes Oxley Act ('SOX') for preparation and filing of 10K / Qs

5. Actively participate in supporting the external audit of Company's internal controls over financial reporting

6. Determine the impact of new accounting (US GAAP) and SEC guidance on the Company' financial reporting

7. Practical experience on GAAP conversions – especially from IFRS to U.S GAAP

8. Working knowledge of ASC 606 accounting

9. The ideal candidate would have 5-7 years of experience as a CA / US CPA with Big4 background / or alternatively a similar role in the industry with specific focus on US public company financial reporting

10. Strong work ethic and adherence to strict filing deadlines

11. Self-starter, highly motivated individual Reporting to Chief Financial Officer

12. Being able to effectively communicate with external auditors and succinctly articulate accounting position taken by the company

Educational Qualification :

1. Bachelor's degree in accounting or equivalent.

2. U.S. CPA license

3. U.S. based big 4 experience highly preferred

4. 7 years of experience in ASC 606 and working in a multinational company

5. U.S. public company reporting experience

6. Global close, consolidation and reporting process including the preparation of the consolidated financial statements and related analyses

Skills Required

Us Gaap