Controller

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee the daily accounting functions of CommonLit, which includes month-end closures, treasury operations, and ensuring compliance.

• Supervise two direct reports: the Finance & Accounting Coordinator and the Accounts Receivable Coordinator.

• Manage the month-end closing process aiming for completion in under 10 business days, encompassing reconciliations, variance analysis, and the preparation of financial statements.

• Supervise net asset and fund accounting, revenue recognition, chart of accounts, general ledger management, and financial systems.

• Conduct treasury operations, which involve bank transfers, daily cash positioning, payroll and benefits direct debits, and fraud-prevention measures.

• Collaborate with the VP of Finance on cash-flow forecasting, managing banking relationships, making investment decisions, and overseeing debt management.

• Ensure compliance with tax regulations, manage audits, vendor relationships, internal controls, grants management, and donor reporting compliance.

• Evaluate the work of the Finance team, providing coaching, feedback, and opportunities for professional growth.

• Prepare monthly financial reporting packages and various ad hoc reports.

• Assist with annual budgeting, system implementations, procurement processes, RFPs, purchase orders, and contracts.

⛳️ Requirements

• A Bachelor's degree in accounting or finance.

• Over 5 years of progressively responsible accounting experience, including at least 3 years in a management or supervisory capacity.

• Experience in nonprofit accounting is preferred, particularly in areas such as grant compliance, restricted funds, and audit support.

• Familiarity with diverse revenue streams, including SaaS, professional services, or manufacturing cost accounting; experience in edtech, online publishing, or the software industry is a plus.

• Preferred experience with Sage Intacct or a similar ERP system.

• Exceptional time-management capabilities.

• Strong interpersonal and problem-solving abilities.

• Excellent communication and collaboration skills.

• Must be based in the U.S.

• Availability to work from 9 AM to 5 PM Eastern Time is required.

🏝️ Benefits

• Health, dental, and vision insurance.

• HSA and FSA plans, including Medical FSA, Limited FSA, and Dependent Care FSA options.

• Company-sponsored basic life insurance, with options for additional supplemental life insurance.

• Legal insurance.

• 401(k) retirement plan featuring a 4% safe harbor employer match.

• Access to exclusive discounts, including pet insurance, hotel booking discounts, and more.

• Support for remote work, including a stipend for home office setup.

• 16 paid holidays each year.

• Accrual of paid time off and sick leave.

• Paid family leave options, including caregiver leave, medical leave, and 12 weeks of paid parental leave.

• 2 additional floating holidays.

• Leave for volunteer activities and school visitation.

• Jury duty leave.

• Bereavement and compassionate leave.

• Leave for blood, bone marrow, and organ donations.

• Flexible work arrangements.

• Low-stress weeks around Thanksgiving and in late December.

• Monthly remote activities, including dumpling-making, yoga sessions, and virtual escape rooms.

• Monthly "CoffeeLit" sessions to foster connections among colleagues.

• Opportunities for learning and development for both teams and individuals.