The Role
Responsible for financial leadership and governance, overseeing accounts and reporting, leading audits, managing cash flow, and team development. Requires significant accounting experience and CPA license.
Summary Generated by Built In
Waabi, founded by AI pioneer and visionary Raquel Urtasun, is an AI company building the next generation of self-driving technology. With a world class team and an innovative approach that unleashes the power of AI to “drive” safely in the real world, Waabi is bringing the promise of self-driving closer to commercialization than ever before. Waabi is backed by best-in-class investors across the technology, logistics and the Canadian innovation ecosystem.
With offices in Toronto, San Francisco, Dallas, and Pittsburgh, Waabi is growing quickly and looking for diverse, innovative and collaborative candidates who want to impact the world in a positive way. To learn more visit: www.waabi.ai
We are looking for a controller who is excited to build and lead a world class financial organization that can keep pace with our rapid growth while allowing us to scale efficiently as we look to revolutionize the global transportation industry. Your mission is to safeguard the Company’s assets while ensuring absolute financial transparency and compliance. In your role, you will translate complex operations into clear financial narratives, ensuring the integrity of our data while creating scalable processes necessary to move us from R&D to commercial deployment in a capital efficient manner.
You will…
- Be responsible for Financial Leadership & Governance: Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements
- Develop and assist with implementation of business best practices, processes and/or systems ERP, Payroll, AP, expenses etc.
- Provide technical accounting leadership: Serve as the internal expert on complex accounting issues, including revenue recognition (ASC 606), lease accounting (ASC 842), and equity-based compensation in addition to the below (not comprehensive):
1) FBAR & Form 5472/5471: Experience managing US reporting for foreign-owned corporations
2) Transfer Pricing: Ability to establish and document intercompany service agreements to ensure profits are shared legally and tax-efficiently between the US and Canada
3) PFIC Management: experience in monitoring "Passive Income" vs. "Active Business" assets
4) Canadian Parent/US Subsidiary Accounting: Experience in Foreign Currency Translation (ASC 830 / FASB 52) and managing the "Cumulative Translation Adjustment" (CTA) on the balance sheet
5) 409A Valuations & Stock-Based Comp: Deep knowledge of ASC 718. Managing equity for US employees under a Canadian parent structure with specific knowledge of Section 422 (ISOs) vs. Canadian Section 7 rules
- Own the Close Process: Design and manage a "best-in-class" monthly, quarterly, and year-end close process, significantly reducing time-to-close while maintaining accuracy
- Prepare monthly and quarterly financial statements for the executive team, investors and Board of Directors
- Define and own all Internal Controls: Leverage public accounting experience to design, implement, and monitor a robust internal control environment (SOX compliance where applicable)
- Manage all financial audits, tax compliance and licensing and permitting efforts. You will act as the primary liaison for external auditors, managing the PBC (Provided by Client) list and ensuring a seamless annual audit
- Track and manage revenue and expenses, including any amortisation / depreciation schedules
- Manage all cash flow functions, including accounts receivable and payable, general ledger, payroll and related functions
- Ensure compliance with all local, state/provincial and federal tax regulations and laws, in both Canada and the US
- Team Development: Mentor and scale a high-performing accounting team, fostering a culture of continuous improvement and professional growth
Qualifications:
- 10+ years of progressive accounting experience, with a significant portion (5+ years) spent in Public Accounting (Big 4 or Top 10 preferred)
- Bachelors Degree in Accounting
- CPA License
- Management experience of both internal and external accounting teams
- Systems Experience - experience with online accounting software, AR & AP and payroll and expense systems/software & advanced proficiency in Excel and data visualization tools
- Technical Mastery - deep understanding of US GAAP and the ability to draft technical accounting memos that stand up to public audit scrutiny
- Experience working in technology companies in Canada and the US with knowledge of industry best practices and experience with payroll processes in both countries
- Experience building internal control and financial processes
- Demonstrated analytical skills/knowledge with an understanding of subscription business models
- Exceptional written and verbal communication skills with strong attention to detail
- Open-minded and collaborative team player with the willingness to help others
- Passionate about self-driving technologies, solving hard problems, and creating innovative solutions
Bonus/nice to have:
- Startup/Rapidly growing technology company experience
- Hands-on experience with full-cycle ERP Implementation
- Understanding and past responsibility around payroll requirements in Canada and the US
- IPO preparedness experience (in advisory or operator capacity)
The US yearly salary range for this role is: $200,000 - $250,000 USD in addition to competitive perks & benefits. Waabi US Inc.’s yearly salary ranges are determined based on several factors in accordance with the Company’s compensation practices. Note: The Company provides additional compensation for employees in this role, including equity incentive awards and an annual performance bonus.
Perks/Benefits:
- Competitive compensation and equity awards.
- Health and Wellness benefits encompassing Medical, Dental and Vision coverage (for full-time employees only).
- Unlimited Vacation.
- Flexible hours and Work from Home support.
- Daily drinks, snacks and catered meals (when in office).
- Regularly scheduled team building activities and social events both on-site, off-site & virtually.
- As we grow, this list continues to evolve!
Waabi is a technology start-up building technologies to transform the way the world moves. Join our talented team to be a part of the future and to make an impact!
Waabi is an equal opportunity employer. We celebrate diversity and are committed to creating a supportive, inclusive, and accessible workplace for all our employees. We seek applicants of all backgrounds and identities, across race, color, ethnicity, national origin or ancestry, age, citizenship, religion, sex, sexual orientation, gender identity or expression, military or veteran status, marital status, pregnancy or parental status, caregiver status, disability, or any other characteristic protected by law. We make workplace accommodations for qualified individuals with disabilities as required by applicable law. If reasonable accommodation is needed to participate in the job application or interview process please let our recruiting team know.
Top Skills
Asc 606
Asc 718
Asc 830
Asc 842
Data Visualization Tools
Erp Systems
Excel
Fasb 52
Gaap
Online Accounting Software
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The Company
What We Do
Waabi, founded by AI pioneer and visionary Raquel Urtasun, is an AI company building the next generation of self-driving technology. With a world class team and an innovative approach that unleashes the power of AI to “drive” safely in the real world, Waabi is bringing the promise of self-driving closer to commercialization than ever before. Waabi is backed by best-in-class investors across the technology, logistics and the Canadian innovation ecosystem, including Khosla Ventures, Uber, 8VC, Radical Ventures, OMERS Ventures and BDC Capital’s Women in Technology Venture Fund.
To learn more visit: waabi.ai
Press: [email protected]
Business: [email protected]
