Financial Controller

Reposted 2 Days Ago
Hiring Remotely in USA
Remote
160K-160K
Mid level
Machine Learning
The Role
The Financial Controller at Comet will oversee global accounting, ensure compliance, improve financial processes, and manage audits. Responsibilities include budget analysis, revenue recognition, and team management.
Summary Generated by Built In
About Comet

Comet is building the development platform for teams who want to ship robust, reliable, and responsible AI applications. Opik, our open source LLM evaluation framework, has quickly become one of the most popular tools in the space. Our experiment management platform is used by data scientists at companies like Uber, Netflix, and Etsy. Tens of thousands of researchers, engineers, academics, and hobbyists use Comet every day to build the future of AI. 

Working at Comet will give you access to the most exciting work being done in all areas of machine learning. Some of the top researchers and companies working on self-driving cars, drug discovery, particle research, diffusion models, and LLMs use Comet every day. Your work has the potential to accelerate the development of some of the most impactful technology in the world, and you will be doing it alongside a team of passionate, caring individuals. If that sounds exciting, Comet is the right place for you.

Comet is backed by more than $63 million in venture capital funding and powers some of the best machine-learning teams in the world, including Netflix, Uber, Etsy, and Mobileye. We are a remote-first company with offices in New York City (USA) and Tel Aviv (Israel).

This is an opportunity to join as the first Financial Controller for a global high growth tech startup.

This newly created role will own the company’s financial performance and direct our accounting operations. Areas of responsibility will range from managing accounting records, to compliance, financial statements and coordinating auditing processes and ensuring  accuracy of financial information. You will need to possess strong analytical skills, have exceptional problem-solving skills and a flair for numbers. This is a great opportunity to build the accounting operations team and help support the growth of both the Finance function and Comet at a key inflection point.

If you are a CPA with 4 - 6 years of relevant experience - a mix of public accounting (Big 4 preferred) and startup experience, located in the East Coast USA, we are looking for you!

Requirements:

  • Oversee all global accounting activities worldwide - accounts, ledgers and reporting systems ensuring compliance with US GAAP standards and regulatory requirements
  • Review all units monthly and quarterly reporting packages and provide timely feedback to the units
  • Review accruals for month end close, liaising with the various department heads and business owners to collect the necessary information for ensuring financial accuracy
  • Prepare the monthly consolidation including the consolidated schedules and reconciliations
  • Responsible for commission and variable compensation calculations, accruals, and accounting in accordance with ASC606
  • Continually develop, expand and improve month end close process and financial reporting procedures and help drive the reduction of the close timeline towards T+5 by assessing and streamlining close-related activities
  • Prepare the monthly revenue file, including the deferred revenue schedules, roll forward, SAAS metrics and related analyses
  • Review customers contracts to identify financial risks and ensure appropriate accounting treatment
  • Implement and maintain all aspects of ASC 606 compliance and work closely with the various team members to ensure revenue recognition process in accordance with ASC 606.
  • Work closely with FP&A to investigate and document fluctuations in budget vs. actual variance analysis
  • Participate in the annual budgeting and rolling forecast processes
  • Hire and train a world class accounting team that will continue to grow as the Company scales
  • Manage and comply with local, state, and federal reporting requirements, including sales tax
  • Manage the annual external audit processes and provide accounting policy memos where required
  • Responsible for designing, implementing and maintaining all internal financial accounting, controls and policies worldwide
  • Play a key role in the assessment and  implementation of a billing system
  • Participate in a wide variety of special projects and compile a variety of special reports

Who you are?

  • CPA with 4 to 6 years of relevant experience - mix of public accounting (Big 4 preferred) and startup experience
  • Previous finance experience in international technology companies, especially SaaS and software companies that have experienced high growth
  • Effective communication, people management, and finance/analytical skills
  • A self starter with high personal integrity, ready to wear multiple hats
  • Expert experience with relevant tools (eg. accounting systems, Google sheets, Excel, BI tools)

What We Offer:

  • Competitive base salary - $160K + EQ based on proven experience, skills and location.
  • Competitive benefits package.
  • Flexible working hours and remote work options.
  • Opportunities for professional growth and development.
  • A collaborative and innovative work environment.
  • The chance to work with cutting-edge technologies and projects.
  • This role will be fully remote in the EAST COAST USA working with a global team (large presence in the US, Tel Aviv and Europe) some flexibility with work hours is required.


Comet is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees without regard to race, religion, color, sex, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, uniform service member status, marital status, pregnancy, age, medical condition, physical or mental disability, genetic information/characteristics, and any other characteristic protected by State or Federal law.

Top Skills

Accounting Systems
Asc 606
Bi Tools
Excel
Google Sheets
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The Company
HQ: New York, NY
87 Employees
Year Founded: 2017

What We Do

Comet is a meta machine learning platform designed to help AI practitioners and teams build reliable machine learning models for real-world applications by streamlining and connecting the machine learning model lifecycle. By leveraging Comet, users can employ machine learning experiment tracking to track, compare, explain and reproduce their models. Backed by thousands of users and multiple Fortune 100 companies, Comet provides insights and data to build better, more accurate AI models while improving productivity, collaboration and visibility across teams.

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