F5 Networks

Senior Accountant

F5 Networks$89K — $134K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field.
  • CPA designation or equivalent professional certification preferred.
  • 5+ years progressive accounting experience in public companies or high-growth organizations.
  • Proven management of the accounting close process and execution of SOX internal controls.
  • Experience with financial ERP systems, reconciliation tools, and accounting software.

Responsibilities

  • Oversee full lifecycle of fixed assets and lease accounting including compliance with US GAAP.
  • Manage accounting processes for internal-use software and cloud computing arrangements.
  • Partner with various departments to evaluate expenditure requests and determine proper accounting treatment.
  • Collaborate with international accounting teams on routine and ad-hoc reporting needs.
  • Identify opportunities for standardization, automation, and efficiency during the monthly accounting close process.
  • Drive enhancements and problem-solving across departments as necessary.
  • Ensure smooth audit processes by collaborating with internal and external auditors.

Benefits

  • Hybrid work environment located at F5’s Seattle headquarters.
  • Opportunity to impact accounting processes at a leading multi-cloud security company.
  • Access to incentive compensation, bonuses, and stock units.
Full Job Description
Job Summary

F5, Inc. is seeking an experienced and technically capable Senior Accountant to join our Corporate Accounting team in Seattle, WA. This role will primarily manage fixed asset accounting, lease accounting under ASC 842, internal-use software capitalization under ASC 350-40, and cloud computing arrangement implementation cost accounting under ASC 350-40 (as amended by ASU 2018-15). The role is highly cross-functional, partnering closely with Procurement, IT, Legal, Real Estate/Facilities, FP&A, Financial Reporting, A/P, and Tax to ensure the completeness, accuracy, and integrity of our long-lived asset and lease portfolios.

The ideal candidate brings hands-on technical accounting experience in the above domains, ideally proficient in Oracle EBS (including the Oracle Fixed Assets module), LeaseQuery or similar lease accounting software tool, and Coupa. A demonstrated interest in process automation and the application of AI tools to improve accounting workflows is imperative. The ideal candidate is a strong team player with the desire to contribute in a high-performing, collaborative environment, with excellent written and verbal communication skills, and the ability to effectively partner across teams and levels of the organization. This is an excellent opportunity for a detail-oriented professional looking to make a meaningful impact at a leading multi-cloud application security company.

Key Responsibilities:

Accounting & Compliance

Accounting:
  • Oversee the full lifecycle of fixed assets and lease accounting, including capitalization, depreciation, reconciliations, journal entries, reporting, and compliance with U.S. GAAP and F5 policies.
  • Manage accounting processes for internal-use software and cloud computing arrangements (CCA), ensuring accurate cost evaluations, capitalization, amortization, and related disclosures.
  • Partner with Procurement, IT, FP&A, and other departments to evaluate expenditure requests, determine proper accounting treatment, and document supporting conclusions.
  • Serve as a resource for international accounting teams, collaborating on recurring and ad hoc efforts and reporting needs.
  • Own the accounting for your area, anchored in the monthly accounting close process, identify opportunities for standardization, efficiency, accuracy, and automation.
  • Proactively problem-solve and drive enhancements across departments as needed.


Compliance:
  • Collaborate with internal and external auditors to ensure a smooth and efficient audit process.
  • Implement and execute relevant internal controls to safeguard company assets and ensure the accuracy of financial records.


Qualifications:

Experience and Education
  • Bachelor's degree in accounting, finance, or related field.
  • CPA designation or equivalent professional certification is preferred.
  • 5+ years of progressive accounting experience in public companies or high-growth organizations.
  • Proven experience in managing the accounting close process, including internal reporting, fluctuation analysis, and execution of SOX internal controls in a dynamic environment.
  • Experience in working within financial ERP systems (Oracle, Coupa, etc.), reconciliation tools (Blackline), lease accounting tools (LeaseQuery), and AI and financial automation tools, strongly preferred.


Knowledge, Skills and Abilities
  • Experienced in US GAAP and internal controls, lease accounting under ASC 842, and accounting for fixed assets.
  • Excellent analytical skills and attention to detail.
  • Excellent communication skills with proven ability to partner with other levels in the organization.
  • Strong sense of ownership and ability to apply judgment to keep projects moving and ensure the right decisions are reached with stakeholders.
  • Proven ability to proactively identify and escalate risks and issues to leadership.
  • Ability to work independently and as part of a team environment.
  • Possess a critical thinking mindset.
  • Experience within the technology industry is a plus.

Physical Demands and Work Environment
  • This is a hybrid role, located within F5's Seattle-based headquarters.
  • Duties are performed in a normal office environment while sitting at a desk or computer table.
  • Duties require the ability to utilize a computer, communicate over the telephone, and read printed material.
  • Duties may require being on call periodically or working outside normal working hours (evenings and weekends).


The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

The annual base pay for this position is: $89,800.00 - $134,600.00

F5 maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, geographic locations, and market conditions, as well as to reflect F5's differing products, industries, and lines of business. The pay range referenced is as of the time of the job posting and is subject to change.

You may also be offered incentive compensation, bonus, restricted stock units, and benefits. More details about F5's benefits can be found at the following link: https://www.f5.com/company/careers/benefits. F5 reserves the right to change or terminate any benefit plan without notice.

Please note that F5 only contacts candidates through F5 email address (ending with [redacted].com) or auto email notification from Workday (ending with f5.com or

About F5 Networks

F5 Networks, Inc. is a global company that specializes in application services and application delivery networking (ADN). F5 technologies focus on the delivery, security, performance, and availability of web applications, as well as the availability of servers, cloud resources, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components.
Learn more about F5 Networks
Size
6,461 employees
Market Cap
$8.4 billion
Industry
Net Income
$296.5 million
Founded
1996
5 Year Trend
+5.2%
Revenue
$2.4 billion
NASDAQ

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