Full-Time

Controller

Posted on 11/19/2024

Perplexity AI

Perplexity AI

201-500 employees

Advanced answer engine providing reliable information

Data & Analytics
Consumer Software

Compensation Overview

$190k - $270kAnnually

+ Equity

Senior

San Francisco, CA, USA

Category
Financial Accounting
Tax Accounting
Financial Controller
Management Accounting
Accounting
Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
  • Experience at a rapidly growing startup
  • Minimum of 8 years of experience in accounting roles, with at least 3 years in a managerial capacity. Experience from a public accounting firm a plus.
  • Proven track record in managing AP, AR, payroll, month-end close processes, and financial reporting within a startup, fast-paced environment.
  • Prior experience leading a financial audit in partnership with external auditors.
  • Proficiency in accounting software and financial management systems; familiarity with cloud-based solutions is a plus.
  • Ability to work in a fast-paced startup environment and adapt to changing priorities.
  • Strategic thinker who can balance day-to-day operations with long-term planning.
  • Nice to have: Expertise with Stripe, Ramp, Avalara, Ad sales, Shopify, and 3rd party marketplaces.
Responsibilities
  • Manage support staff handling accounting, Accounts Payable (AP), Accounts Receivable (AR), and month-end close processes.
  • Generate timely and accurate financial statements for US and international business entities, ensuring compliance with local regulations.
  • Track revenue and cost for various revenue streams.
  • Assist in validating fundraising wire transactions, ensuring compliance with accounting standards and internal controls.
  • Collaborate with the management team to ensure accurate recording of fundraising activities.
  • Identify and implement systems to manage billing and AP for various partnership types
  • Identify root causes for billing issues and coordinate with engineering teams to implement solutions.
  • Prepare comprehensive reports for the board on financial performance, including strategic insights.
  • Prepare for and facilitate annual accounting audits.
  • Manage sales taxes and VAT compliance.
  • Oversee R&D tax credit filings, requiring collaboration to gather detailed information on employee contributions.
  • Manage income tax filings, potentially collaborating with an external accounting firm for expertise.
  • Develop processes to collect and remit taxes efficiently.
  • Develop, implement, and maintain robust financial processes to enhance operational efficiency.
  • Establish internal controls related to expenses, including approval processes, tracking, and expense policies.
  • Implement treasury controls that align with security measures to safeguard company assets.
  • Identify, implement, and manage financial systems for accounting, revenue tracking and expense management.
  • Lead and mentor the accounting team, fostering a collaborative and productive work environment.
  • Provide training and support to team members on financial processes and best practices.
  • Support Head of Finance with analyzing financial data to provide insights that inform strategic decision-making.
  • Assist in developing long-term financial strategies aligned with company goals.
  • Develop management reporting function.

Perplexity AI provides an answer engine that delivers accurate and reliable responses to user queries. The platform uses current sources to ensure the information is both precise and relevant. It caters to a wide audience, including individuals looking for quick answers and businesses needing detailed information. Unlike many competitors, Perplexity AI emphasizes high-quality, source-backed answers, making it a valuable resource for users seeking trustworthy data. The company's goal is to meet the increasing demand for immediate access to reliable information, generating revenue through subscription fees, advertising, and partnerships.

Company Stage

N/A

Total Funding

$403.7M

Headquarters

San Francisco, California

Founded

2022

Growth & Insights
Headcount

6 month growth

216%

1 year growth

872%

2 year growth

5540%
Simplify Jobs

Simplify's Take

What believers are saying

  • Perplexity AI's recent $250 million funding round, led by Bessemer Venture Partners and including SoftBank, significantly boosts its financial stability and growth potential.
  • The planned revenue-sharing program with web publishers could create new revenue streams and foster positive relationships with content creators.
  • High-profile endorsements from industry leaders like Nvidia's CEO Jensen Huang and Shopify's CEO Tobi Lütke enhance the company's credibility and market presence.

What critics are saying

  • Accusations of plagiarism and unethical web scraping could damage Perplexity AI's reputation and lead to legal challenges.
  • The competitive landscape of AI search engines, dominated by giants like Google, poses a significant threat to Perplexity AI's market share.

What makes Perplexity AI unique

  • Perplexity AI uniquely focuses on helping individuals and organizations achieve a healthier work-life balance, unlike many AI companies that concentrate on technical or enterprise solutions.
  • Their tailored services for managing work-life balance set them apart from competitors who offer more generalized productivity tools.
  • Perplexity AI's emphasis on setting boundaries and promoting self-care is a distinctive approach in the AI-driven productivity market.

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