Verizon Communications

Director-Accounting

Verizon Communications$120K — $145K *
Telecommunications & Hardware
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or four or more years of work experience.
  • Ten or more years of relevant experience required.
  • Active CPA certification.
  • Proficiency with accounting systems including SAP and Verizon's Revenue Recognition Engine.
  • Strong knowledge of FASB, SEC requirements, and GAAP.
  • People management and leadership skills.
  • Process improvement mindset.

Responsibilities

  • Develop accounting strategies and objectives aligned with company goals.
  • Execute the monthly, quarterly, and annual financial closes for specific areas.
  • Ensure accurate financial statement compilation and reporting.
  • Identify and drive operational improvements in accounting processes.
  • Lead development of strategies for projects and business support.
  • Analyze and communicate business unit financial results.
  • Act as key liaison between the company and internal/external auditors.

Benefits

  • Medical, dental, and vision insurance options.
  • 401(k) savings plan with company match.
  • Paid parental leave and adoption assistance.
  • Tuition assistance and up to 15 days of vacation, increasing with service.
  • Additional perks including identity theft protection and pet insurance.
Full Job Description
What you'll be doing...
Accounting Director - Wireless Promotions, Inventory, Reseller and Roaming Revenue and Cost

This position is responsible for the delivery of Wireless revenue within the Accounting Operations organization. Reporting to the Senior Director, Accounting, this position has oversight and responsibility for assigned accounting operations, including the related financial closes, analysis, reconciliations, and reporting.

Specific responsibilities include:

  • Develops accounting organizational strategies for areas of responsibility by contributing accounting and financial information, analysis, and recommendations for strategic thinking and direction and establishes functional objectives in line with Accounting and Verizon objectives.
  • Develops, plans, and executes the monthly, quarterly, and annual financial closes for respective areas of responsibility (including Promotions Accounting, Roaming/Reseller, and Wireless Inventory).
  • Ensures the accurate compilation and reporting of financial statements and supplemental schedules, including the Income Statement, Balance Sheet, and Cash Flow Statement for all reportable segments and the company.
  • Identifies and drives operational improvement opportunities and best practices for Accounting and works closely with internal teams and stakeholders to ensure opportunities and recommendations are implemented.
  • Leads the development of strategies, methods, techniques, and evaluation criteria for projects, programs, and people. Provides new product support, as applicable.
  • Analyzes, generates insights, and articulates business unit financial results.
  • Maintains substantive and material interaction with functional areas of the company.
  • Acts as a key liaison between the company and auditors (both internal and external) in providing the required information and ensuring that proper information is maintained for historical purposes.
  • Coordinates and oversees the Sarbanes-Oxley activities relative to internal controls documentation and testing, and segregation of duties.
  • Selects, develops, coaches, and evaluates personnel to ensure the efficient operation of the function.
  • Works on highly complex special financial and accounting projects in support of the overall organizational strategies, initiatives, and projects.


What we're looking for...

You'll need to have:
  • Bachelor's degree or four or more years of work experience.
  • Ten or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience or specialized training.
  • Active CPA certification.
  • Working knowledge of accounting systems and applications including SAP, PMR/Essbase, Group Reporting, Verizon Revenue Recognition Engine, wSAP, and POS, Vision, and Blackline.
  • Strong knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles, tax reporting, and accounting practices (primarily 606 accounting and inventory accounting).
  • Proficiency in Google Suite and Microsoft Office.
  • People management/leadership skills.
  • Process improvement mindset.
  • Good team, organizational planning skills, sound judgment, calm but works with a high sense of urgency, attention to detail, and strong time management.


Even better if you have one or more of the following:
  • Bachelor's Degree and/or Master's degree in Business Administration, Accounting, Finance, Economics, or equivalent
  • Experience in the technology or telecommunications industry


Where you'll be working

In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours
40

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we've got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.

About Verizon Communications

MCIS delivers wireless links, turn-key systems, broadband leases, and system maintenance.

Verizon Communications Careers

Join the vibrant team at Verizon Communications, a global leader in technology and communications, where innovation meets purpose. Our diverse and inclusive culture champions forward-thinking and offers a plethora of job opportunities that cater to enhancing your professional growth and career trajectory. Work You’ll Do At Verizon Communications, you will be part of a dynamic team that is at the forefront of driving digital transformation in the telecommunications industry. Our commitment to diversity and innovation is not just about staying competitive but fostering an environment where all employees can thrive. Lead with Innovation Embrace the opportunity to work on groundbreaking projects that redefine how people connect. Verizon is not just a company; it's a community of leaders and innovators. With over tens of thousands of employees worldwide, our leadership is committed to providing a platform where skills and ideas converge to create impactful solutions. Join Our Inclusive Team Verizon’s commitment to diversity and inclusion is integral to our company’s ethos. We believe in empowering our team members by providing them with the tools, resources, and support they need to succeed. This includes comprehensive benefits, diversity training, and opportunities for professional development. Explore Career Opportunities Whether you’re looking for a full-time position, an internship, or a leadership role, Verizon offers a range of employment options to match your career ambitions. Our team is hiring creative and solution-driven professionals who are eager to learn and grow. Networking and Professional Growth Advance your career with Verizon’s unmatched opportunities for professional growth. Engage in networking events, leadership programs, and training sessions designed to hone your skills and expand your industry knowledge. Internship Programs Kickstart your career with a Verizon internship. Gain hands-on experience, work with seasoned professionals, and understand the inner workings of one of the world’s leading tech companies. Our internships offer a unique insight into our company culture and operations, setting a solid foundation for your career. Benefits and Culture At Verizon, we prioritize the well-being of our team members. Enjoy a comprehensive package of benefits that supports both your professional and personal life. Our culture promotes work-life balance, employee wellness, and continuous learning. Stay Connected Join Our Team Explore the various job opportunities at Verizon Communications and find the position that best suits your skills and interests. We are looking for passionate, curious, and innovative team players. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Verizon Communications. Join Verizon Communications today and be part of a team that values leadership, innovation, and diversity. Shape your future in an environment where your work makes a real impact.
Learn more about Verizon Communications
Size
118,400 employees
Market Cap
$164.4 billion
Industry
Net Income
$17.8 billion
Founded
1983
5 Year Trend
+1.2%
Revenue
$128.2 billion
NASDAQ

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