Application Guide

How to Apply for Senior Accountant, Financial Reporting & Compliance

at Terracycle

🏢 About Terracycle

TerraCycle is a global leader in recycling hard-to-recycle waste, turning items like ocean plastics and cigarette butts into new products. By joining TerraCycle, you'll contribute to a mission-driven company that combines environmental impact with innovative business models, making sustainability profitable.

About This Role

As Senior Accountant, Financial Reporting & Compliance, you will lead the preparation of consolidated financial statements and ensure compliance with US GAAP and IFRS. Your work directly supports TerraCycle's transparency and growth, enabling the company to scale its impact while maintaining rigorous financial standards.

💡 A Day in the Life

Your day might start by reviewing preliminary financial data from international subsidiaries, then diving into a complex revenue recognition issue with the sales team. After lunch, you'd draft MD&A commentary for the quarterly report and end the day by running variance analyses to present to the finance leadership.

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🎯 Who Terracycle Is Looking For

  • A CPA with 4-6 years of progressive accounting experience, ideally in a multinational or sustainability-focused company.
  • Deep expertise in ASC 606 (Revenue Recognition), ASC 842 (Lease Accounting), and equity-based compensation, with a track record of researching and documenting complex accounting positions.
  • Advanced Excel skills, including Power Query, pivot tables, and financial modeling, to perform comprehensive variance analysis and identify trends.
  • Strong written communication skills to draft clear MD&A reports, footnotes, and disclosures for consolidated financial statements.

📝 Tips for Applying to Terracycle

1

Highlight your experience with ASC 606 and ASC 842 by providing specific examples of how you've researched and documented accounting positions.

2

Quantify your impact in variance analysis—e.g., 'Identified $500K in cost savings through trend analysis' or 'Reduced close timeline by 20%.'

3

Tailor your resume to emphasize consolidated financial statement preparation, not just general ledger work.

4

Include a brief cover letter paragraph explaining your passion for sustainability and how your accounting skills can further TerraCycle's mission.

5

Mention any IFRS experience explicitly, as TerraCycle operates globally and requires both GAAP and IFRS knowledge.

✉️ What to Emphasize in Your Cover Letter

['Your technical expertise in US GAAP and IFRS, especially in revenue and lease accounting.', 'Your ability to lead consolidated financial statement preparation and work cross-functionally with teams.', 'Your proactive approach to researching complex accounting issues and documenting positions.', "Your alignment with TerraCycle's mission and how you see accounting as a tool for driving environmental impact."]

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🔍 Research Before Applying

To stand out, make sure you've researched:

  • → Review TerraCycle's latest annual report or sustainability report to understand their financial reporting structure and key metrics.
  • → Familiarize yourself with TerraCycle's business model, including their Loop platform and partnerships with major brands.
  • → Understand the regulatory environment for recycling and waste management, as it impacts financial reporting (e.g., revenue from government subsidies).
  • → Look into recent news about TerraCycle's expansion into new markets or product lines, which may involve complex accounting.

💬 Prepare for These Interview Topics

Based on this role, you may be asked about:

1 Walk us through how you would research and document a position on a new revenue recognition scenario under ASC 606.
2 Describe a time you identified a significant variance in financials and the actions you took.
3 How do you stay current with changes in US GAAP and IFRS, and how have you applied a recent update?
4 Tell us about your experience with consolidated financial statements—what challenges did you face?
5 Why are you interested in TerraCycle specifically, and how do you see accounting contributing to sustainability?
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⚠️ Common Mistakes to Avoid

  • Don't focus solely on technical skills without showing how you apply them to real-world scenarios—use the STAR method.
  • Avoid being generic about your interest in sustainability; connect your personal values to TerraCycle's specific initiatives.
  • Don't overlook IFRS—even if your experience is mainly GAAP, show willingness and ability to work with IFRS.

📅 Application Timeline

This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.

Typical hiring timeline:

1

Application Review

1-2 weeks

2

Initial Screening

Phone call or written assessment

3

Interviews

1-2 rounds, usually virtual

✓

Offer

Congratulations!

Ready to Apply?

Good luck with your application to Terracycle!

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