DraftKings

Senior Accountant

DraftKings$84K — $105K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Business, or related field
  • 3+ years of accounting experience in public accounting or a publicly traded company
  • Preferred CPA designation
  • Experience with software capitalization or in a technology environment
  • Strong understanding of U.S. GAAP and month-end close processes
  • Advanced Microsoft Excel skills for data analysis and presentation
  • Experience with ERP systems like NetSuite or Coupa preferred

Responsibilities

  • Own the end-to-end software capitalization process and ensure compliance with accounting standards
  • Collaborate with cross-functional teams to gather information for software capitalization
  • Prepare monthly prepaid and accrual journal entries and complete general ledger reconciliations
  • Manage high-visibility accounting areas related to software and operating expenses
  • Identify and implement automation and AI-driven improvements to accounting processes
  • Document accounting processes, controls, and procedures for compliance purposes
  • Support internal and external audits by providing necessary documentation and analysis
  • Analyze financial results and communicate insights to Finance leadership

Benefits

  • Comprehensive benefits package
  • Bonus and equity opportunities
  • Guidance through gaming license processes if required
  • Flexible work arrangements
  • Professional development opportunities
Full Job Description
As a Senior Accountant, you'll play a key role in strengthening the Finance Team by owning one of our most specialized and high-impact accounting processes: software capitalization. You'll partner across the business to ensure accounting accuracy, improve processes, and support timely financial reporting in a fast-paced, evolving environment. Beyond day-to-day execution, you'll identify opportunities to modernize workflows through automation and artificial intelligence while helping scale our accounting operations alongside the business. What you'll do as a Senior Accountant • Own the end-to-end software capitalization process by evaluating projects for capitalization eligibility, tracking employee time, preparing journal entries, maintaining reconciliations and amortization schedules, and ensuring compliance with accounting standards. • Partner with Engineering, Finance, and other cross-functional teams to provide guidance, answer questions, and ensure complete, accurate, and timely collection of information needed to support the software capitalization process. • Play a key role in the monthly close by preparing prepaid and accrual journal entries, completing general ledger reconciliations, performing variance analyses, and delivering accurate financial results. • Own high-visibility accounting areas, including prepaids and accruals related to software, professional services, and other operating expenses. • Identify opportunities to improve accounting processes and increase operational efficiency through automation, artificial intelligence, and scalable solutions. • Create and maintain clear documentation of accounting processes, controls, and procedures to support compliance with internal controls and annual audits. • Support financial statement and Sarbanes-Oxley audits by responding to audit requests and partnering with internal and external auditors. • Analyze financial results, communicate insights to Finance leadership, and recommend process improvements that strengthen the overall control environment. What you'll bring • A Bachelor's Degree in Accounting, Business, or a related field with at least 3 years of accounting experience in public accounting or a publicly traded company. • Certified Public Accountant (CPA) designation is preferred. • Experience with software capitalization or accounting within a software or technology environment is preferred. • Strong understanding of U.S. Generally Accepted Accounting Principles (GAAP), month-end close processes, and general ledger accounting. • Advanced Microsoft Excel skills with the ability to analyze, manipulate, and present financial data in a clear and meaningful way. • Experience with NetSuite, Coupa, or similar enterprise resource planning and procurement systems is preferred. • Strong analytical, organizational, and communication skills with the ability to manage multiple priorities, exercise sound judgment, and deliver high-quality work in a fast-paced environment. • A continuous improvement mindset with a passion for building scalable processes, embracing new technologies, and collaborating across teams to solve complex business challenges. #LI-AI1 We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role. The US base salary range for this full-time position is 84,600.00 USD - 105,800.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process.

About DraftKings

DraftKings is an American daily fantasy sports contest and sports betting operator. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League soccer, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts and Tennis. In August 2018, DraftKings launched DraftKings Sportsbook in New Jersey becoming the first legal mobile sports betting operator in the state. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Indiana, Pennsylvania, West Virginia and opened in New Hampshire December 30, 2019 after reaching contract with the New Hampshire Lottery. Retail sports betting is available in Iowa, Mississippi and New York. DraftKings Sportsbook mobile and retail sports betting products allow bettors in each state engage in betting for most major U.S. and international sports. As of April 2016, the majority of U.S. states consider fantasy sports a game of skill and not gambling. In November 2016, FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. However the merger was terminated in July 2017 due to it being blocked by the Federal Trade Commission as the combined company would have controlled a 90 percent of the market for daily fantasy sports. As of July 2017, DraftKings had eight million users.
Learn more about DraftKings
Size
3,400 employees
Market Cap
$4.9 billion
Industry
Net Income
-$577.9 million
Revenue
$292.3 million
NASDAQ

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