Director of Accounting at Lightspark Group

Company: Lightspark Group

Location: Los Angeles HQ

Type: Full-time

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Job Description

Lightspark is creating the Money Grid, modern, open financial infrastructure that makes payments accessible, affordable, and instant for businesses and users worldwide. We're challenging the status quo, updating the current system, and empowering our partners to build better solutions. Together, we're building the most advanced financial infrastructure, open, instant, and global, inspiring a future where anyone, anywhere can access the full potential of digital money. Lightspark is seeking a builder with enthusiasm to lead Lightspark's corporate accounting. This role reports directly to our VP, Finance, and you will play a critical role in establishing the financial infrastructure, implementing best practices, and ensuring a seamless financial statement close process. A deep knowledge of US GAAP and a proven ability to apply accounting principles to both existing operations and new ventures will be essential to success in this role. This opportunity is ideal for someone with boundless optimism, and a proactive, solution-oriented mindset that can work autonomously in ambiguous situations. We value adaptability, ownership, and a “can-do” attitude. You should be eager to tackle new challenges, thrive in a fast-paced environment, and be self-sufficient in driving results. This position is based onsite at our offices in Los Angeles. What you’ll do: Lead and own the monthly financial statement close and reporting processes, ensuring accuracy, timeliness, and compliance with US GAAP Prepare technical accounting memos for new and complex transactions, particularly in revenue recognition, ensuring compliance with contractual, regulatory and industry standards. Oversee the payroll team to ensure timely, accurate, and complete filings Manage multi-currency accounting, foreign exchange translation, and consolidation matters for the Company and its subsidiary, including intercompany activity, eliminations, and close support in accordance with US GAAP. Identify, develop, document, and implement key accounting policies, internal controls, and best practices to enhance operational efficiency and compliance. Interpret and apply new accounting standards, policy changes, and operationalize accounting treatment for new or evolving products and services. Own the external audit process, serving as the primary liaison with auditors to resolve accounting matters efficiently. Prepare senior management- level financial reporting summaries and presentations. Manage the transition of the accounting function from external to in-house operations, ensuring a seamless and efficient process. Own the external tax compliance process, ensuring timely state, federal, and information reporting requirements Collaborate closely with Product, Legal, Finance, and other stakeholders to provide financial insights and ensure accounting considerations are integrated into business decisions. Provide clear, data-driven responses to financial inquiries from internal and external stakeholders, e

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