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Full-Time

Financial Controller

Noam

Posted on 10/22/2024

Lightspeed Commerce

Lightspeed Commerce

1,001-5,000 employees

Provides software solutions for retail and restaurants

Consumer Software
Fintech

Senior

Montreal, QC, Canada

Requires 3 days a week in office.

Category
Financial Accounting
Financial Analysis
Financial Controller
Management Accounting
Accounting
Requirements
  • CPA designation required
  • 5+ years of relevant experience in a similar position or audit Manager level
  • Strong financial reporting knowledge
  • Proven experience in supervising and coaching a team
  • Strong leadership and adaptability skills
  • Advanced knowledge of Excel
  • Self-motivated, directed and starter individual.
  • Strong attention to detail, analytical and organizational skills
  • Strong problem solving skills
  • Strong interpersonal skill
  • Sense of collaboration and teamwork
  • Fluency in English
Responsibilities
  • Oversee the month-end close procedures and accountable for delivering timely internal financial reports for the legal entities within their scope.
  • Lead, coach, inspire and manage an accounting team overseeing the North American operations.
  • Manage and complete various accounting analysis, from the balance sheet to the Income statement, to provide accurate and relevant insights.
  • Collaborate with other finance teams (i.e. FP&A, Tax, etc.) on various special projects.
  • Utilizes advanced analytical skills to interpret financial data and provide strategic insights to the Global Financial Controller and Management.
  • Ensure standardization of processes and methodologies across various legal entities and identify circumstances eligible for potential automation and integration to improve their team effectiveness.
  • Drives continuous improvement in accounting processes and systems.
  • Manages process optimization projects to enhance accuracy, efficiency, and overall financial performance.
  • Accountable for the execution of annual statutory audits, and assist the Conso team with the external consolidated audit process and quarterly reviews.
  • Oversees accounting policy updates/changes, and special accounting treatments and communicates efficiently the impact of such changes to their team.
  • Perform monthly, quarterly and annual internal controls to ensure compliance with SOX.
  • Involvement in various complex accounting situations to identify potential solutions.
  • Working very closely with FP&A team to align budget and actuals along with supporting their needs around understanding the business unit/verticals impacts that are key drivers.
  • Participates in cross-functional meetings and projects to align accounting objectives with overall business goals.

Lightspeed Commerce provides software solutions designed specifically for small and medium-sized businesses in the retail and restaurant sectors. Their main products include point-of-sale systems, inventory management tools, and analytics features that help businesses operate more efficiently and engage with customers effectively. These tools work together to streamline operations, allowing users to manage sales, track inventory, and analyze performance data all in one platform. Unlike many competitors, Lightspeed focuses on a subscription model for its software services, along with transaction fees for payment processing, which provides a predictable revenue stream and ongoing support for its clients. The goal of Lightspeed is to enhance global commerce by empowering SMBs with the technology they need to thrive in a competitive marketplace.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Amsterdam, Netherlands

Founded

2005

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Simplify's Take

What believers are saying

  • Employees at Lightspeed Commerce benefit from exposure to a wide array of industries and cutting-edge technologies, enhancing their professional growth.
  • The firm's strategic investments in high-growth sectors like fintech, crypto, and digital content platforms offer substantial opportunities for career advancement.
  • Lightspeed's robust portfolio and successful funding rounds indicate strong financial health and stability, providing a secure working environment.

What critics are saying

  • The broad investment strategy may lead to overextension, potentially diluting focus and resources across too many sectors.
  • High competition in the venture capital space could impact Lightspeed's ability to secure the most promising deals, affecting its market position.

What makes Lightspeed Commerce unique

  • Lightspeed Commerce's investment strategy spans a diverse range of industries, from crypto services to B2B marketplaces, showcasing its versatility and broad market reach.
  • The firm's involvement in early-stage funding rounds, such as Beyond Odds Technologies, highlights its commitment to nurturing innovative startups from the ground up.
  • Lightspeed's global presence and participation in significant funding rounds, like Matrixport's $100M Series C, position it as a key player in the venture capital landscape.

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