GO
Loading...

Enter multiple symbols separated by commas

Twitter hiring for possibility of IPO

Twitter
Lionel Bonaventure | AFP | Getty Images

Twitter's IPO prospect, one of the industry's most widely watched, appears closer to reality.

(Read more: Twitter hires Morgan Stanley banker with IPO, M&A background)

The micro-blogging service has posted a job opening for a financial reporting manager. The person would be responsible for filing the company's preliminary prospectus, or S-1 document, outlining its IPO plans.

(Read more: Stealth IPOs: Is an Avalanche About to Hit? )

Twitter's job position listed the following duties: "Responsible for preparation of monthly reporting materials, quarterly/annual financial statements and Form S-1 when we are ready to go public," according to a job listing on LinkedIn.

Twitter executives have remained dismissive around questions regarding its IPO, offering few hints. The job position may serve as the best evidence to date of the company's intention to file to go public.

CEO Dick Costolo has said that company management is not focusing on an IPO. Twitter co-founder Jack Dorsey, who sits on the board and is CEO of Square, has told Bloomberg in recent months that the company is "not even thinking" of an IPO.

Twitter's IPO is expected to be the biggest consumer Internet IPO since Facebook's in May 2012. Twitter IPO watchers have long-rumored it to happen by early 2014.

The company's valuation has swelled to a reported $10 billion.

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Squawk Alley

Tech Transformers