Controller

Posted 22 Days Ago
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New York, NY
Senior level
Fintech • Financial Services
The Role
The Controller will manage all aspects of financial accounting for Novo, ensuring compliance with GAAP/IFRS, overseeing treasury operations, preparing external stakeholder reports, and leading a high-performing team while improving financial processes.
Summary Generated by Built In

We started Novo to challenge the status quo— we’re on a mission to build the operating system to destroy the back office, so small businesses (SMB’s) can do more of what they love. Novo is flipping the script of the FinTech world, and we’re excited to lead the small business FinTech revolution.

We are looking for people of character. Pragmatic and capable people who want to see their work drive better outcomes for small businesses — the backbone of our economy. You will join our team and work on the building blocks of everything Novo ships.

  Why Novo?

  • Novo is a rapidly growing series B fintech startup with a mission-driven team that’s passionate about helping every small business in America
  • Positive, inclusive, supportive culture cheering you on your journey
  • We work with very new technologies and architecture patterns 
  • We provide learning and development budgets to help you grow and bond with your team 
  • Able to work from the office 3+ days per week
  • Offices in NYC, Miami, India, and Colombia

We are looking for a Controller who understands how to efficiently run the accounting function of a fast growing startup. If you're passionate about numbers and get an inexplicable feeling of joy when your balance sheet ties out then we want to chat. Are you ready to revolutionize the small business banking industry with us?

About the Role:

  • Execute all transactional aspects of Financial Accounting end to end including: bookkeeping, corporate banking operations of the US entity, keeping a record trail for all AP & AR items and other related aspects.
  • Maintain the integrity of the financial and reporting systems: 
    • Ensure the timely and accurate preparation of income, balance sheet and cash flow statements in compliance with GAAP/IFRS and local statutory filing requirements.
  • Manage treasury operations and relationships with financial institutions.
  • Prepare external stakeholders reports, such as investors quarterly reporting and compliance reports with credit facilities.
  • Own month-end and year-end financial close activities and analysis, driving process improvements to streamline operations.
  • Lead a high performing team
  • Own the Global Financial Audit and all related procedural and compliance health of the US entity.
  • Lead and contribute globally process improvement initiatives to achieve financial goals.
  • Own, manage & streamline internal and external controls/approval processes.
  • Manage the tax process of the US entity from end to end.
  • Act as a strong business partner to promote and enhance financial compliance of internal controls and best practices across the organization.

Requirements for the Role: 

  • CPA with 8+ years of Big4 experience & working in a similar role in a startup.
  • BA or BS in Accounting
  • Strong knowledge of ASC principles applying to early stage startups including 606 and 718.
  • Track record of building and managing a team of 5+ people.
  • Financial operations experience with strong understanding of US GAAP and Revenue Recognition.
  • Experience from financial technology or other industries which bring similar industry and regulatory dynamics to that of Novo.
  • Excellent communication skills with the ability to break down complex concepts and communicate financial risks and solutions to various stakeholders.
  • Exceptional project management, analytical, and organizational skills.
  • Proactive self-starter who enjoys a fast-paced environment and an ability to prioritize, multi-task, and meet pressing deadlines.
  • Highest standards of accuracy and precision, having an eye for detail and effectively driving cost savings efforts.
  • Ability to switch between strategic and operational mindsets in order to adapt to day-to-day situations.

Nice To Have, but Not Required:

  • Familiarity with Airbase, Netsuite and other financial tools
  • Banking experience

Compensation:

  • $200,000 - $220,000

Novo values diversity as a core tenet of the work we do and the businesses we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information or any other protected characteristic.

Top Skills

Asc
Gaap
Ifrs
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The Company
Miami, FL
315 Employees
On-site Workplace
Year Founded: 2016

What We Do

Novo is a banking platform that provides better business deposit accounts to today's companies. Novo is bringing small business banking into the modern age with easy-to-use tools for founders on the go. Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A.; Member FDIC.

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