Virgin Orbit, LLC

Principal, SEC Reporting and Technical Accounting

Job Locations US-CA-Long Beach
Req No.
2022-7327
Category
Finance
Type
Regular FT
Classification
Exempt

Location:

Long Beach, CA

Bonus:

Yes

Job Type:

Full-Time

Who we are

At Virgin Orbit, we are launching the small satellite revolution, enabling missions that were previously unimaginable. We are delivering Virgin’s legendary customer experience by combining advanced technology with a diligent, hard-working team. We have built a workplace and a workforce of the future, knowing that our decisions and investments of today are launching the industries of tomorrow. We have engaged a diverse and inclusive community of doers and dreamers alike, empowering all those working today to build satellites and constellations that will change the world.

 

At Virgin Orbit, we are opening space for good. Search all of our job openings on our career portal.

 

Position Summary 

Virgin Orbit (VO) is seeking a new member for our team to serve as a Principal, SEC Reporting and Technical Accounting.  If you join us in this position, you will play a significant role in the development of externally published financial statements, establishment and maintenance of technical accounting policies, and project support. 

 

This is a full-time position at our rocket factory in beautiful Long Beach, California.

Your Mission

Responsibilities:

  • Analyze complex accounting and financial reporting situations in order to implement and carry forth practical and valuable solutions required to successfully complete month-end and quarter-end reporting.
  • Perform technical accounting research to address complex GAAP accounting issues including, but not limited to: drafting technical accounting memos for complex business transactions, contract analysis and application of revenue recognition standard, lease accounting analysis, and inventory costing.
  • Manage the preparation of GAAP compliant financial statements and footnotes, and SEC filing documents (including S-1 and S-3 registration statements, proxy statements, 10-K’s, 10-Q’s, etc.), to support annual year-end audits, quarterly reviews, and other SEC filing requirements.
  • Monitor and assist in the preparation and review of new accounting standards, corporate accounting policies and procedures.
  • Partner with business units across Virgin Orbit to ensure consistent application of accounting practices.
  • Provide recommendations to other accounting management to address technical accounting issues such as: researching appropriate guidance, benchmarking peer disclosures, and drafting technical accounting memos or position papers as needed.
  • Coordinate with other departments to obtain information necessary to ensure complete understanding of the Company's operation process as related with the areas for adoption of new technical accounting guidance.
  • Act as the accounting liaison between Virgin Orbit’s Finance team and our external auditors, providing support and guidance in preparation of schedules and other analyses in support of annual and quarterly audits.
  • Support the Company's internal control implementations led by SOX management.
  • Other adhoc projects to assist the Director, SEC Reporting and Technical Accounting.
  • Help Virgin Orbit do our part to make the world a better place.
  • Constantly learn new things—and share them with your team members.
  • Perform other duties assigned.

What you bring

Qualifications:

  • Bachelor's Degree in Accounting, Finance, Business Administration or similar field of study.
  • 5+ years of dedicated accounting, preferably with a combination of experiences from both public accounting and publicly traded companies with significant exposure to US GAAP technical issue identification and resolution.
  • Experience handling complex technical accounting transactions including equity, revenue recognition, leases, as well as assess and implement new US GAAP accounting standards and reporting requirements
  • Demonstrated strong organizational skills, initiative, and the ability to be a self-starter.
  • Exceptional analytical, critical thinking, problem-solving and organization skills.
  • Ability and willingness to thrive in a fast-paced, rapidly changing work environment.
  • Self-driven, highly motivated, and committed to improvement, inter-team communication skills, and attention to detail.
  • Passion for space exploration and a firm belief in the utility of affordable access to space.
  • Must be a U.S. person as defined by the ITAR (22 CFR §120.15).
  • Must be able to provide proof of US-approved Covid-19 full vaccination status, unless otherwise exempted by an approved reasonable medical or religious accommodation from Virgin Orbit.

 

Skills We Value

  • Current CPA (Certified Public Accountant) certification preferred.
  • Experience working in the aerospace or manufacturing industry is a plus, but not required.
  • Experience working with Oracle or a large ERP system and Workiva will add value, though not required.
  • Ability to thrive as a ‘one person team’.
  • Generally high level of all-around awesomeness.

ITAR Requirements

To conform to U.S. Government space technology export regulations, applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by ITAR (22 CFR §120.15) or eligible to obtain the required authorizations from the U.S. Department of State.

 

Personal Requirements

Our idea of a happy life: build rockets, work with brilliant people, serve purposeful customers, and open access to space. Sir Richard Branson’s belief is “If you get the perfect mix of people working for your company, you have a far greater chance of success.” From the very start, we have placed top priority on growing and fostering a team of creative, diverse, and talented women and men. 

 

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Virgin Orbit is an Equal Opportunity Employer; employment with Virgin Orbit is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status.

 

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