Controller

Posted 9 Days Ago
Be an Early Applicant
2 Locations
In-Office
Expert/Leader
Artificial Intelligence • Information Technology
The Role
Build and lead Parallel’s accounting function, owning month-end close, financial reporting, US GAAP, revenue recognition, international accounting, audits, tax, compliance, and internal controls. Establish accounting policies, systems, processes, and the accounting team while addressing usage-based revenue and compute-cost treatment. Partner with finance, revenue operations, legal, and other teams to scale the function efficiently.
Summary Generated by Built In
About us

Parallel is a web infrastructure company. Our products are used by leading businesses in sales, marketing, insurance, and coding to build best-in-class AI agents with flexible and powerful programmatic access to the web.

We've raised $230 million from Kleiner Perkins, Sequoia, Index Ventures, Spark Capital, Khosla Ventures, First Round, and Terrain to build the web for AIs. We're currently valued at $2 billion and we're forming a world-class team of engineers, designers, marketers, sellers, researchers, and operational experts to achieve our mission.

Job: You will build and lead Parallel's accounting function as we scale a generational AI infrastructure company. As our first Controller, you'll own accounting end to end: month-end close, financial statements, US GAAP and revenue recognition, international accounting decisions, audit readiness, tax and statutory compliance, and internal controls. Most importantly, you'll build the accounting team that runs it. You'll set the close process, chart of accounts, and core policies. You'll drive technical positions on usage-based revenue, compute commitments, and cost treatment, and choose the core systems that accounting, finance, and revenue operations will run on. You'll partner with finance, revenue operations, legal, and other functions as they mature. The business is scaling quickly, so you'll balance building for today with an eye toward the company we're becoming.
You: Have stood up an accounting function before and have a track record of strong hires to show for it. You bring 8–10+ years of progressive accounting experience in high-growth tech, a CPA, a Big 4 background, and an AI-first approach to problem solving. You know US GAAP cold, especially usage-based revenue models. You'll get into the details when it matters, but your focus will be on building the team, systems, and processes that do the work at scale. You know which controls matter now and which would slow the business down and balance the tradeoffs. You've selected and implemented accounting systems, automated manual work, and used AI tools to move faster. You're excited about the AI infrastructure wave and want to build a world-class accounting team for the AI-era.

Life at Parallel

Our team works fully in-person, between our Palo Alto HQ and San Francisco office. We’re a flat, talent-dense organization dedicated to solving technical and creative problems.

We seek like-minded individuals who share our passion for applying science, creativity, and consistency to big and complex problems with equally big outcomes. These are our values:

  • Own customer impact: It’s on us to ensure real-world outcomes for our customers.

  • Obsess over craft: Perfect every detail because quality compounds.

  • Accelerate change: Ship fast, adapt faster, and move frontier ideas into production.

  • Create win-wins: Creatively turn trade-offs into upside.

  • Make high-conviction bets: Try and fail. But succeed an unfair amount.

Compensation & benefits
  • Competitive salary

  • Generous equity

  • Visa sponsorships

  • 401K plans

  • Daily lunch & office snacks

  • Dinner at the office

  • Unlimited vacation

  • Caltrain pass reimbursement

Skills Required

  • 8–10+ years of progressive accounting experience in high-growth technology companies
  • CPA certification
  • Big Four accounting firm background
  • Experience standing up an accounting function
  • Track record of making strong accounting hires
  • Deep knowledge of US GAAP, particularly usage-based revenue models
  • Experience selecting and implementing accounting systems
  • Experience automating manual accounting work and using AI tools
  • Experience with internal controls, audit readiness, tax, and statutory compliance

Parallel Web Systems Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parallel Web Systems and has not been reviewed or approved by Parallel Web Systems.

  • Equity Value & Accessibility — Equity is prominently advertised as “generous” across roles, paired with competitive base pay. A reported ML Engineer package including substantial stock indicates equity is a meaningful component.
  • Wellbeing & Lifestyle Benefits — Daily lunch, snacks, and dinner are provided, with Caltrain pass reimbursement supporting commuters. In‑person offices in Palo Alto and San Francisco enable these onsite perks.
  • Retirement Support — A 401(k) plan is explicitly listed on multiple job postings. This establishes a baseline layer of retirement support alongside cash and equity.

Parallel Web Systems Insights

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The Company
HQ: Palo Alto, California
23 Employees

What We Do

At Parallel Web Systems, we are bringing a new web to life: it’s built with, by, and for AIs. Our work spans innovations across crawling, indexing, ranking, retrieval, and reasoning systems. Our first product is a set of API for AIs to do more with web data.

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