Controller

About Canoo

Canoo's mission is to bring EVs to Everyone and build a world-class team to deploy this sustainable mobility revolution. We have developed breakthrough electric vehicles that are reinventing the automotive landscape with pioneering technologies, award-winning designs, and a unique business model that spans all owners in the full lifecycle of the vehicle. Canoo is starting production in 2022 and is distinguished by its pioneering and experienced team of technologists, engineers, and designers. With offices around the country, the company is scaling quickly and seeking candidates who love to challenge themselves, are motivated by purpose, and possess a strong desire to get things done.

The "Canoo Way"

Canoo's success is the direct result of our disciplined application of our core operating principles and drills, which are based on three main principles: Think 80/20 ("Important versus less important"), Act 30/30 ("Reduce waste and increase output"), and Live 90/10 ("We have each other's back"). We hire based on "MET" - Mindset, Equipment and willingness to Train - and seek individuals that take accountability and deliver results being Humble, Hungry to succeed, and Hunting for opportunities to win. We train our team to engage with each other by modulating between their intellect (iQ) and emotional intelligence (eQ) applying Facts, Finesse, and Force when they communicate. The principles and drills of the CANOO Way have been fundamental to our success, our ability to grow, continuously improve, innovate and are at the core of our day-to-day operations.

Job Purpose

The Controller will own all accounting duties for a fast-growing public company. The role will work closely and partner with the Chief Accounting Officer (CAO) in building out a first-class, top-rated accounting team, while she or he conducts, participates, and promotes development for both self and direct reports

Responsibilities (80s of the Position)

• Support the CAO in evaluating, formalizing, and implementing accounting policies and procedures

• Oversee all related issues and requirements of monthly close & account reconciliations

• Coordinate, prepare, analyze and evaluate financial statements for accuracy and validity

• Ensure timely availability of information and support necessary for audits

• Analyze accounting reports and coordinate with FP&A for dissemination to management

• Oversee billing and collection procedures and manage the collection of past due accounts

• Provide guidance on technical accounting topics such as revenue recognition, equity, debt, goodwill, purchase price allocations and contingent liabilities

• Direct, participate in and verify the taking of full physical inventories and booking appropriate book-to-physical adjustments across the company

• Direct supplier payable procedures to ensure accurate and timely processing and recording to the G/L

• Manage fixed asset controls, including year-end inventory and procedures to maintain fixed asset records and ledgers

• Work closely with HR on payroll processing, ensuring compliance and accuracy with all postings

• Inform and advise other functional department heads about the financial aspects of their responsibilities

• Assist with Covenant Compliance and other operating data provided to banks on a monthly basis

• Work with Company's external auditors on quarterly and annual review of Company financial statements

• Work with the tax department in providing all support documents for preparation of applicable federal, state and local tax returns

• Assist with strategic planning as it relates to accounting for all M&A activities

• Recruit, lead and mentor a high-performing Accounting team that is recognized for its accuracy, timeliness and business insights

• Develop policies and procedures to control and coordinate accounting, auditing, budgets, taxes and related activities and records

• Develop, establish and administer procedures and systems pertaining to financial matters

• Monitor effectiveness of internal controls and adherences to delegation of authority guidelines

• Oversee the implementation of the procedures and processes for SOX testing and compliance

• Assist IT, Operations and other departmental groups with ensuring that all functionality of ERP is accurate and functioning

• Assume leadership of ongoing efforts/processes to analyze and evaluate the performance and profitability of the Company's activities and to streamline these processes where feasible

• Recruit, train, supervise and evaluate the accounting staff and plan professional development and training activities

• Establish public company operating cadence

• Other duties, relevant to the position, shall be assigned as required

Required Experience

• Active CPA certification or equivalent required

• Bachelor or Master's degree in Accounting or equivalent

• 15 + years of progressive accounting experience

• Background in audit from a major public accounting firm with private and publicly traded clients

• Proven success in building and developing a corporate accounting centralized functional team

• Experience with a fast paced, high growth company

• Demonstration of writing, developing and implementing accounting policies and procedures

• Expert level knowledge of SEC reporting for a publicly traded company

• Deep understanding of U.S. GAAP and ability to research and understand technical accounting guidance

• Ability and skills in writing accounting memos and preparing financial statements

• Ability to execute on multiple tasks simultaneously and adhere to strict deadlines in a fast-paced, ever changing environment, with a talent for properly prioritizing tasks and project deliverables

• Familiarity and fluency with MS-Excel, NetSuite, and other common financial software platforms

• Experience with record gathering and consolidations for regional operations

• Strong communication and interpersonal skills, including the ability to interact effectively with employees at all levels and functional departments of the company

• Ability to read, analyze, and interpret common financial reports, contracts, and legal documents

• Proactive, assertive and possess a creative approach to problem solving

• Ability to respond to common inquiries from customers, regulatory agencies, members of the Executive Staff, and other employees and functional leaders

• Ability to effectively present information to top management, public groups, and/or boards of directors

• Ability to define problems, collect data, establish facts and draw valid conclusion

Preferred Experience

• Strong problem solving skills and the ability to work well with other executives.

Physical Requirements for Non-Physical Positions

While performing the duties of this job, employees may be required to sit for prolonged periods of time, occasionally bending or stooping, lifting up to 10 pounds, and prolonged periods of computer use.

Reasonable Accommodations

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

What's Cool About Working Here...

• Meaningful, challenging work that will redefine automotive landscape and make EVs available to everyone

• Comprehensive Health Insurance

• Equity Compensation

• Flexible Paid Time Off

• Casual workplace with an unbelievable feeling of energy

Canoo is an equal opportunity-affirmative action employer and considers all qualified applicants for employment based on business needs, job requirements and individual qualifications, without regard to race, color, religion, sex, age, disability, sexual orientation, gender identity or expression, marital status, past or present military service or any other status protected by the laws or regulations in the locations where we operate.

Any unsolicited resumes or candidate profiles submitted in response to our job posting shall be considered the property of Canoo Inc. and its subsidiaries and are not subject to payment of referral or placement fees if any such candidate is later hired by Canoo unless you have a signed written agreement in place with us which covers the applicable job posting.