Assistant Controller

Posted Yesterday
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Boston, MA
Senior level
Hardware
The Role
The Assistant Controller will oversee financial reporting, manage the monthly close, review journal entries, perform balance sheet reconciliations, and implement new accounting processes. The role requires partnership with teams for compliance, project management, and internal controls to improve financial operations in a high-growth environment.
Summary Generated by Built In

About Lumafield: 


Lumafield was founded in 2019 to upgrade manufacturing.


We are engineers with deep experience across the product development cycle, from initial ideas to shipping hardware, across industries and specializations, who became frustrated by the cost and complexity of modern manufacturing. So we decided to upgrade it.


Engineers make million-dollar decisions every day, and they need tools that give them the greatest possible insight into their products. By offering unprecedented visibility into products, as well as AI-driven tools that highlight problems and generate quantitative data, Lumafield promises to revolutionize the way complex products are created, manufactured, and used across industries. We started with industrial CT scanning, which for us was the most valuable but underutilized tool in the manufacturing toolbox, enabling us to rapidly inspect essential components non-destructively.


We rebuilt the whole system, from X-ray capture, to computer vision analysis, to web-based collaboration, to the entire business model, making the most advanced manufacturing tech more accessible to every industry. Our company, like our platform, is designed for upgrades. We’re building for greater intelligence, autonomy, and speed. For deeper vision, operational excellence, and powerful insights. And then we'll upgrade it all again.


Lumafield is headquartered in Cambridge, MA, and has an office in San Francisco, CA.


About the role:


Lumafield is seeking an Assistant Controller to join our growing finance team. Be at the forefront of financial innovation in a rapidly expanding business. Your expertise will be instrumental in shaping our financial future and driving our continued success. Key responsibilities will be conducting internal and external financial reporting, managing the monthly close, review and approval of day-to-day journal entries, conducting balance sheet reconciliations, as well as implementing new systems and processes, internal controls, and accounting policies.


If you are interested in fast tracking your accounting career, gaining first hand experience building an accounting function in a rapidly growing business, while having fun and learning from a team with proven success in building $B digital companies, this is the perfect opportunity for you.

What you'll do:

  • Play a key role in our business transformation efforts as we scale on a high-growth trajectory and will have the opportunity to work on projects that revamp and modernize the end-to-end accounting and financial reporting cycles
  • Oversee state and local compliance for payroll, sales and use taxes, working with third-party advisors as needed. Partner with The People Team as needed to support payroll and leave of absence administration.
  • Own and support the acceleration and maturation of our monthly-close process by streamlining tasks, automating reporting and enhancing controls
  • Lead accounting projects and provide technical accounting support on various business transactions and complex accounting matters
  • Partner with cross-functional teams on a regular basis to identify areas for improvement and solve problems
  • Assist in the creation of detailed narratives of procedures and accounting policies to maintain and strengthen internal quality controls
  • Assist with the preparation and review of reconciliations of various general ledger accounts
  • Help prepare quarterly financial statements and provide accounting support on financial reporting projects
  • Must be able to travel up to 10% of the time

About you:

  • Excellent documentation skills, research and resolution skills, and data analysis.
  • Degree(s) in Accounting
  • At least 10 years experience in public and/or private accounting. CPA/CA preferred.
  • Self motivated to meet goals in a fast-paced, challenging environment with strong leadership skills and the ability to drive process improvements
  • Controllership experience, including knowledge of best practices and procedures with proven thought leadership skills including ability to identify, lead and implement process efficiencies and value-added solutions
  • Proven supervisory and managerial skills, including ability to take charge, ensure accountability and provide team leadership and guidance
  • Strong knowledge of US GAAP, including familiarity with ASC 606 and 842
  • Advanced proficiency in Excel

Bonus points:

  • Experience working with Netsuite or with advanced manufacturing companies
  • Previous start up experience

Lumafield offers both competitive cash and equity compensation, as well as a health & wellness stipend, 401k, parental leave, flexible PTO, commuter benefits, company wide events and more! 


Lumafield is committed to building a team that represents a variety of backgrounds, perspectives, and skills, because the more inclusive we are, the better our work will be. Do you feel like your skills don’t meet every single requirement listed? We encourage you to apply anyway – If you’re excited about our technology, the opportunity, and are eager to learn more we’d love to hear from you!  


In keeping with our beliefs and goals, no employee or applicant will face discrimination or harassment based on: race, color, ancestry, national origin, religion, age, gender, marital domestic partner status, sexual orientation, gender identity, disability, genetic information or veteran status. 


Reach out if you want to be a part of what we are building.

Top Skills

Excel
The Company
HQ: San Francisco, CA
85 Employees
Hybrid Workplace
Year Founded: 2019

What We Do

Lumafield is here to make it possible for humanity to solve our hardest problems as quickly as possible.

Lumafield has developed the world's first accessible X-Ray CT scanner for engineers. Lumafield’s easy-to-use scanner and cloud-based software give engineers the ability to see their work clearly, inside and out, at an extremely affordable price.

Engineers make million-dollar decisions every day, and they need tools that give them the greatest possible insight into their products. By offering unprecedented visibility into products, as well as AI-driven tools that highlight problems and generate quantitative data, Lumafield promises to revolutionize the way complex products are created, manufactured, and used across industries.

Founded in 2019, our team includes world-class researchers and industrial designers, PhDs, founders of successful startups, and zero egos.

The company is headquartered in Boston, MA and has an office in San Francisco, CA.

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