Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software/AI platform to enable its more than 50 industry partners, including the majority of global automotive OEMs. From consumer vehicle programs with Volvo Cars and Mercedes-Benz to technology partnerships including NVIDIA and Mobileye, Luminar is poised to be the first automotive technology company to enable next-generation safety and autonomous capabilities for global production vehicles.
For more information, please visit www.luminartech.com.
Job Overview
As a Senior Technical Accountant at Luminar, you will specialize in financial reporting, complex technical accounting matters, and the preparation of our consolidated financial statements. You will support areas including Luminar’s US sales unit by collaborating with stakeholders in the market to operationalize technical accounting matters and ensure compliance with US GAAP. Additionally, you will support Luminar’s consolidated group with consolidation, revenue recognition, share-based compensation, financial instruments, and other key topics. Building relationships with other areas of the business, such as legal, tax, sales, treasury, and human resources, will be critical to your success in this role and in ensuring accurate reporting. This position will be part of a growing global finance reporting and technical accounting team.
RESPONSIBILITIES:
- Thoroughly research and evaluate the technical accounting implications of specific business transactions including, but not limited to, revenue recognition, leasing, business combinations, and consolidations
- As needed, prepare technical accounting memos to document the proper accounting presentation and disclosure consequences for review by management and external auditors
- Participate in the accounting team’s update, refinement and implementation of the company’s accounting policies and procedures
- Collaborate with other accounting personnel during monthly close to ensure that various accounting transactions comply with US GAAP and company policies
- Contribute analyses and recommendations of needed processes and internal control improvements
- Assist in the quarterly and year-end close process, ensuring timeliness and compliance with US GAAP
- Monitor new accounting pronouncements and research technical accounting issues to assist with determining the impact on the business, financial statements, and disclosures
- Support audits by interacting with multiple teams within the Company and with the external auditors
- Participate in special projects, as needed
- Maintain the strict confidentiality of all information
Minimum Qualifications
- Active CPA license or CA membership required; CPA is preferred
- 7+ years of accounting advisory experience at a Big 4 accounting firm or equivalent
- Bachelor's or Master's degree in Accounting
- Knowledge of IFRS, US GAAP, and SEC reporting requirements and regulations
- Knowledge of key accounting concepts such as revenue recognition, intangible assets, R&D, consolidation, debt, equity, and stock-based compensation.
- Ability to thoroughly and logically document accounting positions in comprehensive memorandums by reference to the relevant regulations and guidance
- Experience reviewing complex contracts, researching the related technical accounting matters, evaluating the accounting implications, and presenting your conclusions in detail
- Understanding of consolidated financial statements, including the ability to articulate how certain transactions impact the financial statements in the period of initial recognition and subsequent periods
- Experience with automotive companies is a plus
- Proficiency in accounting software and Microsoft Excel
Luminar is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, ancestry, national origin, sex, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing, service in the military, or any other characteristic protected by applicable federal, state or local laws. We will make a reasonable accommodation for any qualified applicant with a disability, provided that the individual is otherwise qualified to safely perform the essential functions of the job with or without accommodation and that the accommodation would not impose an undue hardship on the operation of our business. Please let us know if you believe you require reasonable accommodation, or if you would like assistance to complete an application or to participate in an interview at the company.
What We Do
Luminar (Nasdaq: LAZR) is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering the only lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements.
Luminar has rapidly gained over 50 industry partners, including 8 of the top 10 global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, while also recently striking deals with Daimler Truck AG and Intel’s Mobileye. Luminar has also received minority investments from the world’s largest commercial vehicle manufacturer, Daimler Truck AG, and Volvo Cars, a global leader in automotive safety, to accelerate the introduction of autonomous trucks and cars at highway speed.
Founded in 2012, Luminar is a nearly 400-person team with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich.
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