Director of Accounting

ABOUT KHAN ACADEMY

Khan Academy is a nonprofit with the mission to deliver a free, world-class education to anyone, anywhere. Our proven learning platform offers free, high-quality supplemental learning content and practice that cover Pre-K - 12th grade and early college core academic subjects, focusing on math and science. We have over 155 million registered learners globally and are committed to improving learning outcomes for students worldwide, focusing on learners in historically under-resourced communities.

OUR COMMUNITY 

Our students, teachers, and parents come from all walks of life, and so do we. Our team includes people from academia, traditional/non-traditional education, big tech companies, and tiny startups. We hire great people from diverse backgrounds and experiences because it makes our company stronger. We value diversity, equity, inclusion, and belonging as necessary to achieve our mission and impact the communities we serve. We know that transforming education starts in-house with learning about ourselves and our colleagues. We strive to be world-class in investing in our people and commit to developing you as a professional.

THE ROLE

We are looking for an experienced and versatile Director of Accounting who thrives in changing and developing environments. We are a small and mighty finance and accounting team managing a $100 million budget for one of the most well-known non-profit EdTech organizations in the world.

Reporting to the CFO, the Director of Accounting will lead all day-to-day finance operations of a budget of $100 million and supervise a team of five staff members including functional responsibility over accounting, revenue, reporting, accounts payable, accounts receivable, payroll, audit, investments, taxes, and financial compliance. The Director of Accounting will oversee all accounts, ledgers, and reconciliations, ensuring they comply with GAAP standards and regulatory requirements.

While managers handle daily operations, this role requires a more strategic approach by continuously monitoring and evaluating financial processes, identifying potential risks, and implementing necessary changes to controls or processes. This includes not only supervising current operations but also proactively anticipating and addressing issues, ensuring the organization’s financial system and process remains accurate, compliant, and responsive to evolving needs and risks.

Role Responsibilities 

Accounting Operations

• Oversee all accounts, ledgers, and reconciliations ensuring compliance with appropriate GAAP standards and regulatory requirements
• Manage annual financial audit, ensuring strong fiscal management and financial controls throughout the year as well as efficient and effective audit preparations
• Manage monthly, quarterly, and annual global close processes, including India and Brazil subsidiaries
• Assist in the presentation of monthly, quarterly, and annual financial reports and variance analysis
• Oversee cash management processes to ensure sufficient liquidity
• Manage and comply with local, state, federal, and select international reporting requirements and tax filings including the 990
• Work directly with India and Brazil Heads of Finance for audit, close, and consolidation activities
• Ensure quality control over financial transactions and financial reporting
• Partner with and support the FP&A team in various business analysis and financial planning projects
• Ensures strong internal controls and that the organization complies with relevant regulations, such as GAAP, grant compliance, and federal/state requirements.
• Partner with cross-functional teams to ensure adherence to grant compliance by implementing and monitoring internal controls and reviewing grant-related transactions to ensure the appropriate use of funds.
• Serve as the Controller for Khan Academy

Team Management

• In partnership with the CFO, manage and support the development of the payroll, expense, and revenue teams 
• Provide subject matter expertise support to the accounting team with particular attention to revenue recognition and new accounting standards

WHAT YOU BRING

• CPA required
• 5+ years of experience as a Controller or similar role, with expertise in overseeing a wide range of financial operations, navigating the complexities of varied revenue models, and effectively engaging in cross-functional collaboration within a mid to large-sized organization.
• Experience managing complex revenue cases, including earned income and contribution revenue, reviewing contracts, and navigating multiple audits. (ASC 606, ASC 958)
• Hands-on experience in Sage Intacct, Netsuite, Workday, or similar finance and accounting systems
• Non-profit experience strongly preferred 
• Experience with Software as a Service (SaaS), EdTech, a plus 
• Experience in a multi-entity environment (and/or international subsidiary) a plus but not required
• Growth mindset and love of learning and development
• Willingness and ability to roll up your sleeves and join the team in day-to-day operations
• Proven leadership skills and experience to effectively manage teams and multiple priorities                                                                                                                                                                                   
• Passion and commitment to our mission
• Motivated by the Khan Academy mission “to provide a free world-class education for anyone, anywhere."
• Proven cross-cultural competency skills demonstrating self-awareness, awareness of other, and the ability to adopt inclusive perspectives, attitudes, and behaviors to drive inclusion and belonging throughout the organization.

PERKS AND BENEFITS

We may be a non-profit, but we reward our talented team extremely well! We offer:

• Competitive salaries
• Ample paid time off as needed – Your well-being is a priority.
• Remote-first culture - that caters to your time zone, with open flexibility as needed, at times
• Generous parental leave
• An exceptional team that trusts you and gives you the freedom to do your best
• The chance to put your talents towards a deeply meaningful mission and the opportunity to work on high-impact products that are already defining the future of education
• Opportunities to connect through affinity, ally, and social groups
• And we offer all those other typical benefits as well: 401(k) + 4% matching & comprehensive insurance, including medical, dental, vision, and life

At Khan Academy we are committed to fair and equitable compensation practices, the well-being of our employees, and our Khan community. This belief is why we have built out a robust Total Rewards package that includes competitive base salaries, and extensive benefits and perks to support physical, mental, and financial well-being.

The target salary range for this position is $185,600 - $232,000 USD / $250,803 - $313,504 CAN. The pay range for this position is a general guideline only. The salary offered will depend on internal pay equity and the candidate’s relevant skills, experience, qualifications, and job market data. Exceptional performers in this role who make an outsized contribution can make well in excess of this range.  Additional incentives are provided as part of the complete total rewards package in addition to comprehensive medical and other benefits.

MORE ABOUT US

• Sal’s TED talk from 2011
• Sal’s TED talk from 2015
• Sal's TED talk from 2023
• Our team:  http://www.khanacademy.org/about/the-team

OUR COMPANY VALUES

Live & breathe learners

We deeply understand and empathize with our users. We leverage user insights, research, and experience to build content, products, services, and experiences that our users trust and love. Our success is defined by the success of our learners and educators.

Take a stand

As a company, we have conviction in our aspirational point of view of how education will evolve. The work we do is in service to moving towards that point of view. However, we also listen, learn and flex in the face of new data, and commit to evolving this point of view as the industry and our users evolve.

Embrace diverse perspectives

We are a diverse community. We seek out and embrace a diversity of voices, perspectives and life experiences leading to stronger, more inclusive teams and better outcomes. As individuals, we are committed to bringing up tough topics and leaning into different points of view with curiosity. We actively listen, learn and collaborate to gain a shared understanding. When a decision is made, we commit to moving forward as a united team.

Work responsibly and sustainably

We understand that achieving our audacious mission is a marathon, so we set realistic timelines and we focus on delivery that also links to the bigger picture. As a non-profit, we are supported by the generosity of donors as well as strategic partners, and understand our responsibility to our finite resources. We spend every dollar as though it were our own. We are responsible for the impact we have on the world and to each other. We ensure our team and company stay healthy and financially sustainable.

Bring out the joy

We are committed to making learning a joyful process. This informs what we build for our users and the culture we co-create with our teammates, partners and donors.

Cultivate learning mindset

We believe in the power of growth for learners and for ourselves. We constantly learn and teach to improve our offerings, ourselves, and our organization. We learn from our mistakes and aren’t afraid to fail. We don't let past failures or successes stop us from taking future bold action and achieving our goals.

Deliver wow

We insist on high standards and deliver delightful, effective end-to-end experiences that our users can rely on. We choose to focus on fewer things — each of which aligns to our ambitious vision — so we can deliver high-quality experiences that accelerate positive measurable learning with our strategic partners.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, gender, gender identity or expression, national origin, sexual orientation, age, citizenship, marital status, disability, or Veteran status. We value diversity, equity, and inclusion, and we encourage candidates from historically underrepresented groups to apply.

As part of this commitment, Khan Academy will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact [email protected]