Financial Controller

Panoptyc is seeking an experienced professional to join its senior team as Controller. Panoptyc is a hardware-enabled software company that helps micromarket retailers secure their inventory from theft. The company is rapidly growing, and its technology is deployed in thousands of stores across North America. 

The Controller will be responsible for leading Company accounting operations to support Panoptyc’s continued growth and efficiency. This role will be the Company’s first full-time accounting hire and will be supported by a team of staff bookkeepers and external accounting professionals. The role will report to the Vice President of Operations and Leadership Team.

We are considering a wide array of backgrounds, and all with demonstrated excellence in accounting and willingness to help build a rapidly growing business are encouraged to apply. 

Requirements

Must-have

• At least 5 years of manger-level experience in an accounting or audit role, some of which experience was within a public accounting firm 

• Comprehensive, practical knowledge of GAAP accounting principals and procedures

• Thorough understanding of inventory accounting and experience working with businesses that sell physical goods as well as recurring software licenses and SaaS

• Experience managing staff and/or outsourced accounting and finance resources; clear understanding of where to get leverage within an organization

• Fluency in Quickbooks and Microsoft Excel; clear understanding of how sales, fulfillment, invoicing, and accounting systems should work in concert with one another 

• Hunger to build: you are comfortable helping leadership make strategic decisions while retaining the humility to plug in on less-than-glamorous tasks as we scale

Nice-to-have

• Active CPA certification and work experience at a nationally recognized accounting firm (Big-4, BDO, Grant Thornton, etc.)

• Experience building or managing accounting and finance systems for recurring software business models

• Prior experience as a Controller, or experience reporting directly to a Controller in a corporate context

• Exposure to rapidly growing businesses (i.e., doubling or tripling ARR over a short period); familiarity with ASC 606

• Familiarity with Stripe, Avalara, and Ramp (or similar products)

Responsibilities:

• You will be responsible for all firm accounting operations, including billing, treasury, A/R, A/P, GL, inventory, cost accounting, and revenue recognition

• You will be responsible for the delivery of monthly, quarterly, and annual closes in a timely and predictable fashion, as well as ad hoc management reporting as required from time to time 

• You will lead and support the invoicing and collections team, with a focus on building repeatable processes around customer invoicing and collections, occasionally collaborating with engineering and product leaders

• At the appropriate time (i.e., not initially), you will own the selection and implementation of an Enterprise Resource Planning tool and other similar systems

• You will be responsible for maintaining our implementation of Avalara, and will ensure that the Company complies with its international, federal, state and local tax collection and filings requirements

• You will be responsible for communications and requests with the Company’s tax preparers and external accounting firms as necessary to ensure all information provided to them is timely, accurate and clear

Compensation and benefits:

Panoptyc is a remote-first organization and offers employees the opportunity to work from wherever best suits them! Compensation for this position will be commensurate with the candidate’s experience and geographic location. Our other benefits include:

• 401k with up to 5% employer match 

• Medical, Dental and Vision coverage (employer pays 75%)

• 3 weeks paid time off along with major national holidays