Key Responsibilities
Accounting Leadership & Financial Reporting
- Oversee global accounting operations across U.S. and APAC entities, including GL, AR, AP, payroll, fixed assets, inventory, tax, and treasury functions.
- Ensure timely, accurate monthly, quarterly, and annual close processes, including consolidated financial statements and required SEC filings (e.g., Forms 10-K/10-Q or 20-F/6-K ).
- Lead all external audit activities and maintain strong relationships with external auditors.
- Ensure U.S. GAAP compliance and maintain robust internal controls, including SOX 404 / ICFR design, testing, and remediation.
- Oversee XBRL tagging and other periodic SEC disclosure requirements.
- Oversee financial reporting for a complex global structure with multiple entities and intercompany transactions.
Financial Planning, Treasury & Capital Markets
- Collaborate with FP&A on budgeting, forecasting, and cash flow management.
- Lead initiatives to optimize working capital, including AR, AP, and inventory strategies.
- Manage treasury operations, including banking relationships, liquidity planning, and, where applicable, debt covenant compliance and capital markets activity.
- Manage foreign currency exposure and support transfer pricing compliance across the global entity structure.
- Support domestic and international tax compliance and planning in collaboration with external tax advisors.
Investor Relations & Board Engagement
- Support earnings releases, investor presentations, and analyst inquiries in partnership with the CFO and Investor Relations.
- Prepare materials for, and periodically present to, the Audit Committee and Board of Directors.
Governance, Risk & Compliance and Others
- Own and maintain company accounting policies in compliance with U.S. GAAP and applicable regulatory requirements.
- Lead internal controls and enterprise risk management programs and support internal audit initiatives.
- Oversee compliance with payment card industry (PCI-DSS) requirements and coordinate with Legal/IT on data privacy obligations (e.g., CCPA) relevant to consumer payment and personal data.
- Ensure adherence to evolving compliance obligations, including governance requirements tied to Newegg's stakeholder and ownership structure.
- Serve as subject matter expert on RSU, PRSU, and stock option programs, and administer related equity processes.
Leadership & Team Development
- Lead, mentor, and develop a high-performing accounting and finance team, fostering a culture of accountability, integrity, and continuous improvement.
- Provide clear career development pathways and coaching across the finance organization.
Special Projects & Strategic Initiatives
- Lead or support FinTech-related initiatives.
- Support M&A due diligence, integration, and other strategic projects as assigned by the CFO.
•
Qualifications
- Bachelor’s degree in accounting or finance required; CPA strongly preferred.
- 15+ years of progressive leadership experience in corporate accounting/finance; prior Controller or VP-level experience required.
- Public company (SEC registrant) financial reporting experience required.
- Experience in e-commerce or large-scale retail operations (>$1B in revenue) strongly preferred.
- Working knowledge of credit card transactions, payment processors, digital wallets, and other online payment options, including PCI-DSS compliance considerations.
- Background with private equity-backed or founder/majority-shareholder-controlled public companies is a plus.
- Demonstrated experience with complex consolidations and multi-entity, multi-currency structures.
- Strong command of U.S. GAAP - including revenue recognition, lease accounting, and stock-based compensation - and internal control frameworks (SOX 404).
- Proficiency in Microsoft Office; familiarity with ERP platforms (e.g., SAP), consolidation/EPM tools, equity administration platforms (e.g., Fidelity Stock Plan Services), and BI/reporting tools.
- Proven ability to lead teams through organizational growth, systems implementations, and transformation initiatives.
- Excellent written and verbal communication skills, with experience preparing materials for or presenting to senior executives, Audit Committee, or Board audiences preferred.