Kafene helps retailers offer flexible purchase options through simple, consumer-friendly lease-to-own agreements.
The Role
Kafene is a leading point-of-sale financing partner dedicated to empowering flexible ownership solutions for underserved customers nationwide. By enabling our retail partners to offer flexible lease-to-own (LTO) purchase options for both prime and non-prime consumers, Kafene helps merchants grow their customer base and meet the increasing demand for furniture, appliances, electronics, tires, and other durable goods. Utilizing over 20,000 data inputs alongside cutting-edge AI and machine learning technologies, our platform creates a best-in-class experience for both merchants and customers. With over $400 million in sales since inception, we are rapidly growing and looking to expand our team.
We take pride in fostering a dynamic workplace culture that values collaboration, innovation, and mutual support. Our team of 170 is spread across our NYC headquarters, a Wilmington office, and fully remote staff nationwide. Last year, we were recognized as one of Built In's Startups to Watch and Forbes' Best Startup Employers.
Our team is seeking an assistant controller to oversee all financial and accounting operations. Reporting directly to the Director of Finance, the Assistant Controller will lead accounting operations, ensure compliance with relevant accounting standards and regulations, and prepare accurate financial statements. This role requires strategic financial insight, high-level decision-making, and the ability to support executive leadership with in-depth financial analysis. The ideal candidate will maintain rigorous financial records while driving operational efficiency and contributing to the company’s long-term financial strategy.
Please note: The preferred location for this role is New York City. Candidates based in NYC will follow a hybrid work schedule. However, we are open to considering remote candidates located outside of NYC.
Responsibilities:
- Own and oversee day-to-day accounting operations, including the general ledger, accounts payable/receivable, payroll, and cash management.
- Lead the monthly, quarterly, and annual close processes, including preparation and review of journal entries, account reconciliations, and supporting schedules.
- Prepare and ensure the accuracy and timeliness of financial statements in accordance with U.S. GAAP.
- Lead the preparation of internal and external financial reports for senior leadership, investors, and auditors.
- Ensure compliance with GAAP, tax regulations, and internal financial policies and procedures.
- Coordinate and manage external audits and tax filings, ensuring accurate and timely responses to auditor inquiries.
- Implement and maintain robust internal controls to safeguard assets and ensure the integrity of financial reporting.
- Analyze financial performance, monitor budget vs. actuals, investigate variances, and provide actionable insights and recommendations.
- Support strategic decision-making by analyzing complex financial data and identifying trends.
- Manage cash flow forecasting and liquidity planning; optimize use of financial resources.
- Maintain strong relationships with banks and financial partners.
- Evaluate, recommend, and implement improvements to accounting systems, processes, and workflows.
- Manage, mentor, and develop a Senior Accountant and other members of the accounting team.
- Support the development and implementation of accounting policies and procedures to scale with company growth.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA certification is a plus.
- Minimum of 5 years of progressive accounting experience, including at least 3 years in a managerial or leadership role.
- In-depth knowledge of financial accounting principles, financial reporting standards, and regulatory compliance.
- Hands-on experience with accounting software and ERP systems (e.g., QuickBooks, NetSuite, SAP).
- Proficient in Microsoft Office Suite, particularly Excel, Word, and PowerPoint.
- Exceptional analytical, problem-solving, and organizational skills.
- Proven leadership skills with a track record of managing, mentoring, and developing high-performing teams.
- Ability to thrive in a fast-paced environment, effectively prioritize tasks, and meet tight deadlines.
- Excellent communication and interpersonal skills, with the ability to collaborate across all levels and functions of the organization.
Compensation and Benefits:
- Base Salary: Earn a competitive base salary ranging from $130,000 to $150,000.
- Healthcare: We prioritize your well-being by covering 80% of medical, dental, and vision insurance costs, including coverage for your spouse, children, and other dependents.
- Retirement Benefits: Begin planning for your future from day one with our 401k plan.
- Paid Time Off: We understand the importance of work-life balance. That's why we offer flexible paid time off days starting from day one of your employment.
Kafene is an equal-opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics. If you are applying for a job in the U.S. and need a reasonable accommodation for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
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The Company
What We Do
Kafene is a cutting-edge digital platform used by thousands of merchants at the point of sale to help offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements that help retailers of furniture, appliances, electronics, tires, and other goods meaningfully broaden their addressable market. Kafene utilizes more than 20,000 data inputs in tandem with best-in-class artificial intelligence and machine learning technologies to underwrite, approve using efficient risk-based pricing, and enable payment in a near-instantaneous manner, while creating a best-in-class customer experience.
Why Work With Us
We create a win-win for consumers and retailers alike by offering debt-free, credit-building financing to an underserved consumer while helping retailers reach new customer segments. Our mission of doing well by doing good underlies everything about the culture we’ve built.
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