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K1 Industries

Controller

Financial Accounting +1Posted on Nov 10
Full-timeRemote

About the Job

Requirements

  • Experience owning close and financial reporting for a manufacturing or hardware business, with strong working knowledge of US GAAP.
  • Hands-on experience with inventory, work in process, product costing, overhead allocation, and manufacturing variances.
  • Experience leading the accounting workstream of an ERP implementation through data migration, testing, go-live, and stabilization.
  • Experience maintaining fixed asset and construction-in-progress schedules and applying sound judgment to capitalization and depreciation.
  • Experience leading financial statement audits from the company side, preparing organized supporting schedules, and resolving issues with auditors.
  • Ability to establish effective controls in a small team while maintaining purchasing, production, and payments.
  • Ability to work with engineering and operations teams and trace financial discrepancies to underlying transactions and processes.

Responsibilities

  • Own monthly, quarterly, and annual close, including journal entries, account reconciliations, accruals, and financial statements; establish the close calendar, review process, and supporting documentation; investigate variances and communicate results and accounting judgments to finance leadership; and support board and investor reporting.
  • Lead accounting and financial workstreams of ERP implementation with operations, supply chain, and external implementation specialists; own the chart of accounts, accounting requirements, opening balances, and financial reporting setup; drive data migration, testing, reconciliations, and user readiness through go-live and stabilization; and own accounting configuration and controls after go-live.
  • Establish and maintain accounting for raw materials, work in process, and finished goods; ensure receipts, material movements, production activity, and completed builds are recorded accurately; own inventory reconciliations, physical and cycle count procedures, costing methods, overhead allocation, and treatment of scrap, rework, and obsolescence; track material, labor, and overhead costs by product or build; investigate cost variances; reconcile production records to financial results; and improve cost of goods sold and margin reporting.
  • Own fixed asset and construction-in-progress schedules, including additions, transfers, depreciation, and disposals; establish capitalization policies and supporting records; and coordinate with engineering and operations to track when assets are placed in service.
  • Establish revenue recognition and billing for equipment sales, long-term service agreements, and warranties, including deferred revenue, contract balances, and warranty reserves.
  • Build controls over purchasing, payments, inventory, journal entries, system access, and financial reporting; establish approval authority, separation of duties, and documented review procedures; maintain accounting policies; and resolve technical accounting questions with external specialists as needed.
  • Lead preparation and execution of the company’s financial statement audit; coordinate scope, timing, and evidence requirements with external auditors; own supporting schedules, accounting memos, request tracking, and resolution of audit findings, including preparation for inventory observation.
  • Oversee accounts payable, accounts receivable, payroll accounting, and related reconciliations, coordinating with internal owners and external providers.
  • Coordinate external providers on income, sales and use, property, and payroll tax compliance, and own related accruals and filing calendar.
  • Make initial accounting hires as volume justifies them, and develop the team and processes with clear responsibilities and accountability for accuracy and timeliness.

Desired Qualifications

  • A CPA; an active license is not required.
  • Public accounting experience.
  • Experience scaling an early-stage manufacturing company.
  • Experience with complex equipment builds, project costing, and the transition from early builds to commercial production.
  • Exposure to long-term service agreements, warranty accounting, and project finance, SPV, or lessor structures.

About the Company

Company size
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Company stage
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Total funding
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Headquarters
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Founded
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