Finance Controller (Remote)

$130,000 - $160,000/Yr

Bidgely - Los Altos, CA

posted 5 days ago

Full-time - Manager
Remote - Los Altos, CA
Professional, Scientific, and Technical Services

About the position

The Finance Controller at Bidgely is responsible for managing the day-to-day accounting functions, ensuring the integrity of financial records, and preparing accurate financial statements. This role involves overseeing the accounting team, ensuring compliance with accounting standards and regulations, and contributing to the strategic development of the accounting department over the next few years. The ideal candidate will have a strong attention to detail, a proactive approach to problem-solving, and the ability to lead a team effectively.

Responsibilities

  • Assist the SVP Finance with building out the company's Accounting department over the next 1 to 3 years.
  • Oversee and coordinate all operational accounting functions including A/R, A/P, invoicing, collections, journal entries, maintaining the chart of accounts and accurate expense mapping.
  • Own the P&L and Balance Sheet cleanliness including department expense mapping, expense accrual entries, revenue recognition/Deferred revenue, prepaid expenses, tax estimates and bonus/commissions accruals.
  • Coordinate month-end close process and prepare monthly financial reporting for key stakeholders.
  • Establish and maintain a strong internal controls environment, especially over financial reporting.
  • Act as a lead point of contact for external auditors and facilitate smooth annual financial statement reviews or audits.
  • Prepare various technical accounting memos and financial statements for the audit.
  • Stay up to date with the latest accounting guidance/requirements and ensure compliance with those.
  • Evaluate current systems and offer recommendations for improvements.
  • Implement new processes or systems when needed to ensure the financial infrastructure/function scales with the business.
  • Manage and refine company expense policies identifying ways to manage and track company costs effectively.
  • Own contract management and vendor negotiations.
  • Manage banking transactions (deposits/ACH transfers/refunds/autopay/wires).
  • Coordinate all outsourced tax support and ensure tax compliance for parents and subsidiaries.
  • Work closely with FP&A team for external reporting.
  • Assist with tracking performance against annual company budgets and forecasts.
  • Assist with Stock Compensation expense and Cap Table management.

Requirements

  • Bachelor's degree in accounting, finance, or a related field (preferred).
  • CPA certification (preferred).
  • Minimum of 8-10 years of progressive accounting experience (required).
  • At least 3-5 years experience in a supervisory role with function-wide leadership and oversight (required).
  • Proficiency in accounting software (QuickBooks, Netsuite) (required).
  • Advanced knowledge of Excel and financial analysis (required).
  • Deep knowledge of ASC 606 and ability to accurately recognize revenue following it based on contract terms (required).
  • Familiarity with stock-based compensation and various accounting guidelines needed to prepare audited GAAP financials (required).
  • Effective communication skills to interact with all levels of the organization (required).
  • Experience in working with international subsidiaries (required).
  • Strong financial acumen and analytical mindset (required).
  • Ability to align with executives on key strategies and support these initiatives through cost analysis, risk analysis, ROI analysis, and financing (required).
  • Experience in accounting system implementation (preferred).
  • Experience with sales tax, GST/VAT (preferred).
  • Experience transitioning accounting functions from external/outsourced vendors to in-house (preferred).

Nice-to-haves

  • Experience in accounting system implementation
  • Experience with sales tax, GST/VAT
  • Experience transitioning accounting functions from external/outsourced vendors to in-house

Benefits

  • Medical, Dental and Vision Insurance coverage from day one
  • HSA, FSA and DCFSA plans
  • 401(k) Plan
  • Flexible Paid Time Off
  • Annual wellness stipend
  • Annual professional development stipend
  • Paid Parental Leave
  • Bereavement leave
  • Mental Health and wellness resources for your whole family
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