Senior Manager, Financial Operations Implementation Thursday, July 4, 2024
Who We Are Magnit is the future of work. Serving hundreds of the world's most recognizable brands for the past 30+ years, Magnit offers the industry's first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients' success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization's contingent workforce management, talent strategy and broader organization goals. At Magnit, you'll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About the Role The Senior Manager Financial Operations Implementations will take a prominent role as part of the Global Senior Management team, working closely with Sales, HR, Client Services, and Implementations to ensure the continued smooth operation of Magnit's existing functions, and facilitate our ongoing global expansion. This role is broad in terms of finance and tax on a dynamic global scale, with a focus especially on UK, Ireland, and India. This role is client facing and therefore strong communication/presentation skills are essential for not only explaining complicated financial concepts but also for selling Magnit's recommendations to both internal and external stakeholders.
This is a high visibility role requiring broad international finance experience with a great understanding of invoicing compliance and complexity on a global scale. Experience within the contingent workforce management marketplace would be an advantage.
What You Will Do Create and present clear and accurate documents demonstrating the transactional structures with which Magnit can invoice and payroll contingent workers, independent contractors, and suppliers globally – ensuring any solutions consider tax compliance, currency and banking capabilities and logistics. Serve as consultant for internal and external customers for all aspects of Financial Operations chain, including invoicing, accruals, and miscellaneous financial deliverables. Drive discussions with internal/external teams to develop solutions for existing client accounting deliverables (incoming time feeds, outgoing AP uploads, Invoice format, accruals, etc.), with a focus on operational efficiency. Provide leadership and management over at least two direct reports in similar space supporting Global Financial Operations. Advise on international transactions and related regulatory requirements for global tax, self-invoicing, and related financial compliance areas. Produce Bill Rate Calculators for different employment scenarios, jurisdictions and accounts, incorporating all cost elements including statutory burdens and currency calculations (where required). Maintain current knowledge on costs and pricing, providing guidance and worked examples where necessary. Provide input and where applicable conduct research to support internal HR, Legal and Finance teams around new entity set up and optimal operating structures. Provide guidance and recommendations to Project Managers and Client Services on initial configuration and best practices as they relate to invoicing, accruals, time capture, cost allocation, approvals, and reporting. Support the Executive Leadership Team where required. What You Will Need Extensive experience working in accounting, with exposure to invoicing/accounts receivable; accounts payable/purchasing and payroll. Clear and professional communication of complex concepts to internal and external audiences. International accounting experience. Detail oriented with a focus on producing workable solutions. What Magnit will Offer You At Magnit, you'll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!
Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!
If this role isn't for you Stay in touch, we will let you know when we have new positions on the team.
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To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.
As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
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