--- title: 'Senior Director, Financial Reporting at Netspend' canonical: 'https://feeny.ai/job/senior-director-financial-reporting-netspend-austin-x6rw07ef6qke' type: 'job' last_seen: '2026-09-08' --- # Senior Director, Financial Reporting at Netspend - **Company:** Netspend - **Location:** Austin, TX - **Employment:** full-time - **Posted:** 2026-08-04 - **Last confirmed live:** 2026-09-08 - **Apply:** https://jobs.ashbyhq.com/netspend-careers-page/fdd25111-2721-4ce1-9091-0803c345ac4a ## Job description About the Company: Netspend Corporation is a global, vertically-integrated financial services and technology company dedicated to the delivery of innovative financial empowerment solutions to consumers worldwide. Netspend's financial products and services span prepaid, debit, cross-border payments, and loyalty solutions for consumers and enterprise partners. Netspend provides prepaid and debit account solutions that connect customers with secure, convenient access to global payment networks so they can manage their money and make everyday purchases. With a nationwide U.S. retail network, customers can purchase and reload Netspend products at 130,000 reload points and over 100,000 distributing locations. Since our founding in 1999 by industry pioneers, Netspend products have processed billions of dollars in transaction volume and served millions of customers worldwide. The company is headquartered in Austin, Texas with employees worldwide. Purpose: The Senior Director of Financial Reporting is a highly analytical, strategic, and hands-on partner to the SVP, Accounting, with ownership of external and internal financial reporting, technical accounting, and corporate close. This position holds primary ownership over the integrity of the Company's financial statements, ensuring strict compliance with US GAAP, statutory regulations, and evolving disclosure requirements. This role holds lead responsibility for the Company's financial statement audit and Money Transfer License regulatory requirements and directs the financial systems and ERP architecture that support timely, audit-ready reporting. Additional responsibilities include support for federal and state income tax compliance requirements. The ideal candidate thrives in a fast-paced environment, possesses a deep understanding of financial reporting, automated transactional workflows, and has a proven track record of scaling accounting operations through technology. Essential Functions & Responsibilities Monthly Close - Refine and accelerate the corporate close timeline while maintaining accuracy and integrity. Implement monthly close process and efficiency improvements: - Lead efforts to modernize and standardize the account reconciliation process, establishing uniform templates, risk-based review thresholds, and documentation requirements to ensure audit-readiness. - Own the accounting organization's regulatory examination-readiness protocols, ensuring systems and teams can reliably produce required financial reports and data extracts within regulator-mandated timeframes. - Direct the ongoing evolution of financial systems and ERP architecture (Oracle, EPM/Adaptive Planning) to support automated, controlled data flows into close and reporting processes. - Ownership of internal reporting analysis to support monthly account balances and reported results of operations, including period-over-period fluctuation analysis. - Direct the accounting and month-end close workflows for highly specialized corporate areas: - Corporate debt, interest, and covenant compliance. - Corporate equity transactions including share-based compensation. - PP&E & Capitalization: Lead the tracking, depreciation, and impairment reviews of fixed assets and capitalized software. - Oversee global consolidation processes, including intercompany eliminations, and the reconciliation of intercompany receivables and payables. - All other duties assigned. Strategic Leadership & Organizational Management - Policy Governance: Direct the development and implementation of accounting policies and practices, ensuring consistency across all business units and necessary internal controls are in place. - Audit & Compliance Oversight: Direct team activities during interim and annual financial statement audit processes, liaising with external auditors to ensure smooth and efficient audits. Lead responsibility role in managing and directing during multi-state Money Transfer License regulatory audits. - Functional Strategy: Provides strategic leadership to the accounting organization. Develops and implements company-wide accounting practices and policies that align with the company's long-term business objectives. - Leadership of Leaders: Lead and foster a high-performance team and culture focused on talent development, succession planning, and organizational excellence. Process Transformation & Innovation - Strategic Optimization: Identifies and drives large-scale process optimization and digital transformation initiatives within the accounting function. Implements best practices to enhance financial reporting accuracy and operational speed. - System Evolution: Directs the evolution of financial systems and ERP architecture (Oracle) to support complex business needs and data-driven decision-making. Cross-Functional Influence & Collaboration - Executive Partnership: Collaborates with executive leadership across Finance, Legal, HR, and Operations to address critical matters and influence policymaking that supports the overall financial health of the organization. Qualifications: - Education: Bachelor's degree in accounting or finance required; MBA or advanced degree is highly preferred. - Certifications: Active CPA (Certified Public Accountant) or equivalent international qualification is mandatory. - Experience: Typically requires 12+ years of progressive financial leadership experience, including large-scale, or public company environment. - Leadership Mastery: Proven track record of managing large, multi-layered organizations and directing departmental directors and managers. - Strategic Influence: Exceptional persuasive communication skills with the ability to present at the Executive and Board levels. - Technical Expert: Deep mastery of US GAAP and SEC reporting requirements and financial systems architecture, with a proven ability to anticipate how external influences will affect corporate strategy. ## About Netspend ## Company Overview - **One-liner**: Netspend provides prepaid debit card and digital banking solutions, focusing on financial inclusion for underserved consumers and BaaS partnerships. - **Entity Type**: Private (subsidiary of Ouro Global, Inc., a privately held fintech holding company) - **Headquarters**: Austin, Texas, USA - **Founded**: 1999 - **Founders**: Not individually listed in public sources; original founders returned to lead Ouro in 2023 ## Core Business - Primary industry: Financial Services (Prepaid Debit, Digital Banking, Banking-as-a-Service) - Target customers: B2C (underbanked consumers) and B2B (enterprise partners for co-branded and white-label payment solutions) - Mission or purpose: "Deliver financial empowerment solutions globally" through innovation and inclusion, expanding access to financial tools ## Products & Services - **Netspend Prepaid Debit Cards**: Reloadable prepaid cards available online, via mobile apps, and at over 100,000 retail locations (including convenience stores, grocers, pharmacies). Supports direct deposit, savings, and mobile check deposit. - **Netspend Paycard**: Employer-sponsored payroll card solutions for companies and tips distribution. - **Banking-as-a-Service (BaaS)**: White-label and co-branded debit/prepaid programs for lifestyle, sports, entertainment, and consumer brands via an open technology platform. - **Netspend Savings Account**: High-yield savings option linked to the prepaid account (FDIC-insured). - **Cross-Border Payments**: Money movement services (mentioned under Ouro). ## Market Standing - **Valuation/Market Cap**: Not disclosed (private company). Was acquired by TSYS in 2013 for $1.4B; later part of Global Payments; now independent under Ouro. - **Key Metric**: Annual Revenue of $580M (LinkedIn estimate, likely pre-2023) – not publicly confirmed. - **Notable Investors/Partners**: Parent Ouro is privately backed; historical investors include IA Capital Group. Key partners: Pathward (issuer bank), Visa, and 130,000+ reload points nationwide. - **Growth Signals**: Rebranding to Ouro in 2023, expansion into new verticals (cross-border, BaaS), active hiring (17 open roles at Netspend as of mid-2026), headcount growth of +6.8% monthly per LinkedIn (though Ouro parent shows decline). Fortune coverage of founders’ comeback plan to "make it the leader in the industry." ## Competitive Advantages - **National retail network**: Over 100,000 distribution and 130,000 reload points – a hard-to-replicate physical footprint. - **Two decades of trust**: Serving millions of consumers since 1999, with billions in transaction volume processed. - **BaaS platform**: Open technology stack enables rapid integration for large brands (co-branded/white label). - **Consumer focus**: Deep understanding of underbanked user base, driving product innovation for financial inclusion. ## Strategic Focus - **Geographic expansion**: Growing international footprint (offices in India, Spain, Philippines, Australia, etc.). - **New products**: Cross-border payments, digital account services, and enhanced loyalty solutions. - **Partnerships**: Deepening co-branded relationships and BaaS deals with major consumer brands. - **Technology modernization**: Investing in cloud, mobile, and data analytics (open roles in DevOps, Snowflake, mobile engineering). ## Why Work Here - **Culture**: Described as "innovation, entrepreneurship, empowerment" with a focus on customer-centricity and operational excellence. - **Work Policy**: On-site in Austin, TX (BuiltIn reports "OnSite Workspace") and also a significant office in Noida, India. Remote or hybrid options are not highlighted. - **Perks**: Not detailed in search results; company provides standard benefits. Indeed work wellbeing score is "Below average" (67/100) based on 61 responses, with mixed reviews on culture and compensation (3.1/5 on Glassdoor equivalent). - **Engineering culture**: Heavy technical hiring (Head of Architecture, Software Engineers, DevOps). Strong alumni pipelines from TSYS, Global Payments, Dell, Apple. Opportunity to work on large-scale payment processing and BaaS platforms. - **Growth Opportunity**: The company is in a "rebirth" phase with founders back, strategic growth targets, and new product verticals – potentially high impact for early employees. ## Sources 1. [Ouro Careers page](https://www.ouro.com/careers) 2. [LinkedIn – Netspend](https://www.linkedin.com/company/netspend) 3. [Built In – Netspend](https://builtin.com/company/netspend) 4. [Indeed – NetSpend Careers](https://www.indeed.com/cmp/Netspend) 5. 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