Accounting Manager, Lease & Fixed Assets

Full-Time

Hybrid

$150,000 – $180,000 per year

TLDR

Own ASC 842 lease and ASC 360 fixed asset accounting, consolidated financial statements, bus financing transactions, audits, and SOX controls.

About Zūm:

Zūm is revolutionizing mass mobility with its Connected Mobility Experience (Zūm CMX™) system that connects and coordinates people, vehicles, and operations in real time. In the $50 billion student mobility market – the largest segment of the mass mobility industry – Zūm CMX is transforming a daily source of anxiety and disruption into a reliable, transparent, and efficient mobility experience for students and families. Today, more than 6,500 schools rely on Zūm CMX. Recognized globally for its innovative approach and operational execution, Zūm has been named to Fast Company’s World’s Most Innovative Companies, CNBC Disruptor 50 and Changemakers, the World Economic Forum, and the Financial Times’ Fastest Growing Companies lists. Zūm is backed by leading investors including Sequoia Capital, GIC, TPG, and Softbank.

Who You Are:

Reporting to the Senior Director of Accounting, the Accounting Manager owns key aspects of financial reporting, month-end close, and process improvements. You will be accountable for the accuracy and integrity of the financials you oversee, and for driving cross-functional collaboration across departments. This role requires experience with lease accounting and consolidated financial statements.

This role requires to be in-office Monday, Tuesday, and Thursday at our headquarters in Redwood City, CA. We will only consider candidates currently living and within a reasonable commuting distance to our Bay Area HQ.

What You'll Do:

Own the preparation and review of journal entries, balance sheet reconciliations, and monthly close schedules, ensuring accuracy and timely completion

Ensure proper application of ASC 842 lease accounting standards and fixed assets accounting ASC 360, overseeing classification and reporting accuracy across the lease portfolio

Manage the fixed asset register end-to-end, including reconciliations to the general ledger and administration of the fixed asset system (e.g., NetAsset)

Reconcile lease and fixed asset records against fleet management software (e.g., Fleetio) to ensure data accuracy and consistency across systems

Review and approve month-end accruals, ensuring supporting documentation and departmental input are accurate and complete

Serve as a key accounting contributor on bus financing transactions, advising on deal structuring, debt and lease classification, and financial statement impact

Partner with FP&A, Legal, and cross-functional teams to drive reporting initiatives and ad hoc projects

Manage the external audit process, including preparation of schedules and resolution of auditor inquiries

Lead the preparation of consolidated financial statements, including intercompany eliminations and reporting across multiple subsidiaries

Lead meetings with Legal, Procurement, and Operations to obtain the contracts and supporting documentation needed for lease and fixed asset accounting

Drive continuous process improvements to strengthen the accuracy, efficiency, and controls of financial operations

Review and mentor accounting staff, providing guidance and quality oversight of their work product

Support the Company's internal audit program and ensure compliance with SOX requirements while assisting with special projects and other ad hoc assignments as needed

What You Bring To Zūm:

6+ years of progressive accounting experience, including experience managing, reviewing, and guiding the work of junior staff, preferably in a multi-entity environment

Proficiency in lease accounting (ASC 842), fixed assets accounting (ASC 360) and GAAP

Experience in LeaseQuery and NetAsset or other fixed assets and lease automation tool is preferred

Experience preparing or supporting consolidated financials

Strong understanding of intercompany accounting and eliminations

Sarbanes-Oxley (SOX) internal controls experience

Advanced Excel skills and experience working with large data sets

Experience with NetSuite or other large ERP systems preferred

CPA license or progress toward CPA is strongly preferred

Demonstrated experience managing or mentoring accounting staff in a managerial or lead capacity

Strong communication skills, attention to detail, and ability to work both independently and collaboratively

The targeted base salary range for this role is listed in the compensation section below. Actual salary may be above or below this range based on factors such as location, skills, and relevant experience. In addition, this position may include additional compensation in the form of bonus, equity, or commissions. If you are a full-time salaried or hourly worker, we offer the following benefits: Medical, Dental, Vision, 401(k), Holidays, Wellness, Vacation, and more. The targeted pay range for this role in US CA is: $150,000 - $180,000

Zūm Services, Inc. and all its subsidiaries provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Benefits

Equity Compensation

401(k)

Health Insurance

Vision

Paid Time Off

Vacation

Wellness Stipend

Wellness

Zūm Services

Zūm Services is transforming school transportation by providing innovative, technology-driven solutions to school districts across the U.S. Our services include electric fleet management, proprietary SaaS tools, and a charter platform designed to streamline operations and enhance safety. We're not just improving transport; we're on a mission to electrify and modernize the entire school transportation ecosystem.

Employees: 51-200 employees
Industry: Road & Rail
Total raised: $200M raised

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Finance/Accounting