
Job Description
Who we are
At CarGurus (NASDAQ: CARG), our mission is to give people the power to reach their destination. We started as a small team of developers determined to bring trust and transparency to car shopping. Since then, our history of innovation and go-to-market acceleration has driven industry-leading growth. In fact, we're the largest and fastest-growing automotive marketplace, and we've been profitable for over 15 years.
What we do
The market is evolving, and we are too, moving the entire automotive journey online and guiding our customers through every step. That includes everything from the sale of an old car to the financing, purchase, and delivery of a new one. Today, tens of millions of consumers visit CarGurus.com each month, and ~30,000 dealerships use our products. But they're not the only ones who love CarGurus-our employees do, too. We have a people-first culture that fosters kindness, collaboration, and innovation, and empowers our Gurus with tools to fuel their career growth. Disrupting a trillion-dollar industry requires fresh and diverse perspectives. Come join us for the ride!
Role overview
The Assistant Corporate Controller is a highly visible and critical position providing leadership to the company's accounting and reporting function. This position will report into the Corporate Controller. This role will have a broad scope of responsibilities across the accounting function and have visibility across the organization. The individual must demonstrate a strong ability to interpret and apply accounting principles in accordance with U.S. GAAP, have experience managing the month-end close process, possess strong general ledger system knowledge, provide meaningful reviews and feedback on a broad array of complex matters, and have excellent project management skills. Some travel to our Digital Wholesale business unit in Dallas, Texas is expected (5-10% travel).
What you'll do
- Provide oversight for the consolidated and segment level accounting functions, including ownership over the month-end close and financial results to ensure completeness, accuracy, and timeliness of all deliverables.
- Own consolidation of the segment level financials into the CarGurus ERP. Manage execution of integration efforts to improve the efficiency of this process.
- Review monthly financial reporting packages for the Executive Team.
- Oversee the accounting for technical and complex areas, including review of associated month end journal entries and account reconciliations as needed.
- Proactively identify and assess new technical accounting issues as they arise, including review of memorandums and managing the use of specialists as needed. These may include areas such as: revenue recognition under ASC 606, share-based compensation, ASC 842 leasing, capitalized website development costs, internal use software, judgmental estimates and reserves, and annual goodwill impairment assessments.
- Oversee external audit processes, including quarterly reviews and the year-end audit.
- Review and maintain accounting policies.
- Oversee statutory audit requirements and filings.
- Prepare board materials for the Audit Committee.
- Review of Forms 10-Q/10-K/8-K in accordance with U.S. GAAP and SEC requirements.
- Review financial disclosures within quarterly and annual earnings releases, investor decks, and other communications.
- Provide accounting support for special ad-hoc projects as necessary.
What you'll bring
- Bachelor's degree in Accounting or Finance required, CPA required.
- 8+ years of total accounting experience with increased level of responsibility.
- Big 4 public accounting experience highly preferred.
- Technology/SAAS and public company management experience highly preferred.
- Strong system skills including experience implementing, integrating, or scaling ERP system capabilities. NetSuite experience strongly desired.
- Technical accounting expertise in areas such as ASC 606 Revenue Recognition, ASC 350 Intangibles and Goodwill, ASC 805 Business Combinations, and ASC 330 Inventory.
- Ability to challenge and improve existing processes through automation and redesign.
- Strong leadership and coaching skills with experience managing and mentoring teams.
- Excel at project management including ability to establish and consistently meet deadlines of a public company.
- Motivated team player with the ability to work in a fast-paced, forward-moving environment.
Working at CarGurus
We reward our Gurus' curiosity and passion with best-in-class benefits and compensation, including equity for all employees, both when they start and as they continue to grow with us. Our career development and corporate giving programs, as well as our employee resource groups (ERGs) and communities, help people build connections while making an impact in personally meaningful ways. A flexible hybrid model and robust time off policies encourage work-life balance and individual well-being. Thoughtful perks like daily free lunch, a new car discount, meditation and fitness apps, commuting cost coverage, and more help our people create space for what matters most in their personal and professional lives.
We welcome all
CarGurus strives to be a place to which people can bring the ultimate expression of themselves and their potential-starting with our hiring process. We do not discriminate based on race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. We foster an inclusive environment that values people for their skills, experiences, and unique perspectives. That's why we hope you'll apply even if you don't check every box listed in the job description. We also encourage you to tell your recruiter if you require accommodations to participate in our hiring process due to a disability so we can provide the appropriate support. We want to know what only you can bring to CarGurus. #LI-Hybrid
Who we are
At CarGurus (NASDAQ: CARG), our mission is to give people the power to reach their destination. We started as a small team of developers determined to bring trust and transparency to car shopping. Since then, our history of innovation and go-to-market acceleration has driven industry-leading growth. In fact, we're the largest and fastest-growing automotive marketplace, and we've been profitable for over 15 years.
What we do
The market is evolving, and we are too, moving the entire automotive journey online and guiding our customers through every step. That includes everything from the sale of an old car to the financing, purchase, and delivery of a new one. Today, tens of millions of consumers visit CarGurus.com each month, and ~30,000 dealerships use our products. But they're not the only ones who love CarGurus-our employees do, too. We have a people-first culture that fosters kindness, collaboration, and innovation, and empowers our Gurus with tools to fuel their career growth. Disrupting a trillion-dollar industry requires fresh and diverse perspectives. Come join us for the ride!
Role overview
The Assistant Corporate Controller is a highly visible and critical position providing leadership to the company's accounting and reporting function. This position will report into the Corporate Controller. This role will have a broad scope of responsibilities across the accounting function and have visibility across the organization. The individual must demonstrate a strong ability to interpret and apply accounting principles in accordance with U.S. GAAP, have experience managing the month-end close process, possess strong general ledger system knowledge, provide meaningful reviews and feedback on a broad array of complex matters, and have excellent project management skills. Some travel to our Digital Wholesale business unit in Dallas, Texas is expected (5-10% travel).
What you'll do
- Provide oversight for the consolidated and segment level accounting functions, including ownership over the month-end close and financial results to ensure completeness, accuracy, and timeliness of all deliverables.
- Own consolidation of the segment level financials into the CarGurus ERP. Manage execution of integration efforts to improve the efficiency of this process.
- Review monthly financial reporting packages for the Executive Team.
- Oversee the accounting for technical and complex areas, including review of associated month end journal entries and account reconciliations as needed.
- Proactively identify and assess new technical accounting issues as they arise, including review of memorandums and managing the use of specialists as needed. These may include areas such as: revenue recognition under ASC 606, share-based compensation, ASC 842 leasing, capitalized website development costs, internal use software, judgmental estimates and reserves, and annual goodwill impairment assessments.
- Oversee external audit processes, including quarterly reviews and the year-end audit.
- Review and maintain accounting policies.
- Oversee statutory audit requirements and filings.
- Prepare board materials for the Audit Committee.
- Review of Forms 10-Q/10-K/8-K in accordance with U.S. GAAP and SEC requirements.
- Review financial disclosures within quarterly and annual earnings releases, investor decks, and other communications.
- Provide accounting support for special ad-hoc projects as necessary.
What you'll bring
- Bachelor's degree in Accounting or Finance required, CPA required.
- 8+ years of total accounting experience with increased level of responsibility.
- Big 4 public accounting experience highly preferred.
- Technology/SAAS and public company management experience highly preferred.
- Strong system skills including experience implementing, integrating, or scaling ERP system capabilities. NetSuite experience strongly desired.
- Technical accounting expertise in areas such as ASC 606 Revenue Recognition, ASC 350 Intangibles and Goodwill, ASC 805 Business Combinations, and ASC 330 Inventory.
- Ability to challenge and improve existing processes through automation and redesign.
- Strong leadership and coaching skills with experience managing and mentoring teams.
- Excel at project management including ability to establish and consistently meet deadlines of a public company.
- Motivated team player with the ability to work in a fast-paced, forward-moving environment.
Working at CarGurus
We reward our Gurus' curiosity and passion with best-in-class benefits and compensation, including equity for all employees, both when they start and as they continue to grow with us. Our career development and corporate giving programs, as well as our employee resource groups (ERGs) and communities, help people build connections while making an impact in personally meaningful ways. A flexible hybrid model and robust time off policies encourage work-life balance and individual well-being. Thoughtful perks like daily free lunch, a new car discount, meditation and fitness apps, commuting cost coverage, and more help our people create space for what matters most in their personal and professional lives.
We welcome all
CarGurus strives to be a place to which people can bring the ultimate expression of themselves and their potential-starting with our hiring process. We do not discriminate based on race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. We foster an inclusive environment that values people for their skills, experiences, and unique perspectives. That's why we hope you'll apply even if you don't check every box listed in the job description. We also encourage you to tell your recruiter if you require accommodations to participate in our hiring process due to a disability so we can provide the appropriate support. We want to know what only you can bring to CarGurus. #LI-Hybrid
About CarGurus
Headquartered in Boston, CarGurus was founded in 2006 to bring trust and transparency to car shopping. Today, it’s the #1 most-visited car shopping site in the US*, with more than 1,000 employees supporting operations in the US, Canada, and the UK. The company continues to evolve, leveraging industry-leading technology and data-driven insights to enable consumers and dealers to confidently and conveniently buy and sell any vehicle, anywhere, with the best selection and price.
CarGurus’ award-winning culture fosters collaboration, innovation, and inclusion, while empowering employees with opportunities and resources to fuel their career growth. Eight Employee Resource Groups (ERGs) and the Drive Change charitable giving and community service program provide Gurus with meaningful ways to connect, contribute, and make an impact beyond their day-to-day roles, while internal and external learning opportunities help employees stay inspired and ahead of emerging trends. Medical, dental, and vision care benefits are complemented by robust perks, including a $15 daily lunch stipend, best-in-class commuting coverage, and equity for all employees. A flexible hybrid work model and robust time-off policies encourage employees to make the most of their time in and out of the office.
Boston-based employees work from our headquarters at 1001 Boylston Street in Boston’s Back Bay, which opened in September 2024 and was purpose-built for hybrid work. “Guru HQ” features more than 900 plug-and-play seating options and over 100 tech-enabled collaboration spaces, plus amenities like an on-site gym and barista bar, two roof decks, wellness rooms, game rooms, libraries for focused work, and an impressive selection of snacks and drinks. Each space is thoughtfully designed to bring out the best in individuals and teams.
For more information on CarGurus, visit careers.cargurus.com.
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*Similarweb, Traffic Report (Cars.com, Autotrader, TrueCar, CARFAX Listings (defined as CARFAX Total visits minus Vehicle History Reports traffic), Q4'24
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