Controller

Astralabs Austin , TX 78702

Posted 2 weeks ago

We're looking for the crazy ones that are going to change the world - if that's you - apply now.

Newchip is a virtual startup accelerator that provides world-changing early-stage companies with the software tools, training, mentorship, and the investor network necessary to successfully raise capital, build, and scale their businesses to eventual exit. We're in 100+ countries and have a portfolio of over 2,000 startups that have raised $1B+ in funding since our launch in 2019.

Do you love Shark Tank? Imagine every day being like an episode but on a global scale, that's what we do. We recruit top startups and we launch virtual cohorts each month from our HQ in Austin, TX, with a goal of coaching each to a point of invest-ability. We then invest in our top program graduates alongside our 3,000+ investor network and work with them until exit.

-We're a veteran founder team with decades of experience, acquisitions and exits under our belts, and we're looking for the next member of our team that meets both our core values and can add their skillset to our melting pot of diversity.

-We're only recruiting entrepreneurial and driven individuals who are in it for the long haul to reach an IPO and that want to truly assist startups to drive results that create investment returns to our investors and investor partner network.

-If you're looking to make a difference in the world and learn in 1 year what most learn in 5, we're here to provide the mentorship, leadership, and potential to make that dream a reality - if you're here looking for a 9-5, our company isn't for you.

Apply today to join the 100+ employees in our HQ in Austin, Texas, or join one of our remote teams around the globe!

Controller role:

Responsible for the accounting operations of the company, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk. The controller is also responsible for enhancing the accuracy of the company's reported financial results, and ensuring that reported results comply with generally accepted accounting principles or international financial reporting standards.

Areas of accountability:

Management-

  1. Maintains and enforces a documented system of accounting policies and procedures
  2. Manage outsourced functions
  3. Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
  4. Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures
  5. Cash management

Transactions-

  1. Ensure that accounts payable are paid in a timely manner
  2. Ensure that all reasonable discounts are taken on accounts payable
  3. Ensure that accounts receivable are collected promptly
  4. Process payroll in a timely manner
  5. Ensure that periodic bank reconciliations are completed
  6. Ensure that required debt payments are made on a timely basis
  7. Maintain the chart of accounts
  8. Maintain an orderly accounting filing system
  9. Maintain a system of controls over accounting transactions

Reporting-

  1. Issue timely and complete financial statements
  2. Coordinate the preparation of the corporate annual report
  3. Recommend benchmarks against which to measure the performance of company operations
  4. Calculate and issue financial and operating metrics
  5. Manage the production of the annual budget and forecasts
  6. Calculate variances from the budget and report significant issues to management
  7. Provide for a system of management cost reports
  8. Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations

Compliance-

  1. Coordinate the provision of information to external auditors for the annual audit
  2. Monitor debt levels and compliance with debt covenants
  3. Comply with local, state, and federal government reporting requirements and tax filings

Requirements

  • Bachelor's degree in accounting or business administration, or equivalent business experience
  • 10+ years of progressively responsible experience for a major company or division of a large corporation.
  • CPA designation required.

Benefits

  • Be a part of a global team with a hybrid in-office and remote culture with a headquarters in East Austin, Texas
  • Industry leader in compensation packages including base plus performance incentives, equity, and company stock.
  • Fully covered benefits that include medical, dental, vision, life, and disability insurances; plus a 401k program.
  • Join an active culture and become a pillar in the startup community with weekly team outings and community events.
  • Access to all of our accelerator certificate programs if you launch a startup during your career here (valued at $1M+).
  • Active culture with a gym at HQ with bouldering, weight gym, classes, yoga, steam-rooms, and showers on-site.
  • Unlimited PTO policy, Holidays, Sick Days, and Election Day off.
  • Hybrid roles receive up to 60 days of remote work allotment per year at the discretion of your leadership team.
  • ClassPass membership gives you worldwide access to thousands of top-rated gyms, fitness studios, salons, and spas.
  • Weekly catered lunch on Fridays, as well as unlimited snacks and Starbucks coffee.
  • Opportunity to make a meaningful impact in a revolutionary space working with thousands of startups around the globe.
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Controller

Astralabs