Assistant Accounting Manager, Lithic
$85-120k
Payment card issuing platform for developers
Job no longer available
Payment card issuing platform for developers
101-200 employees
Job no longer available
$85-120k
101-200 employees
Company mission
Lithic's mission is to build the best payments software to make paying online simply better.
Role
Who you are
- BA/BS in Accounting with 5+ years of experience in Big 4 and/or on the accounting team for a startup company
- Advanced experience with financial ERP systems (preferably NetSuite) & Excel required
- Working knowledge of accounting procedures and GAAP
- Worked directly with auditors in connection with an independent financial statement audit
- Customer service level communication skills with attention to accuracy and detail
- Desire to succeed, adapt, and grow in a fast-paced, dynamic organization while staying ahead of deadlines and providing an accurate work-product
- An approachable demeanor that inspires trust and confidence
- FinTech experience is preferred
- CPA preferred but not required
- Experience with Salesforce, Ramp, Google Suite, NetSuite, and/or Looker is a plus
What the job involves
- Lithic is hiring a Assistant Accounting Manager to manage key components of the accounting function at Lithic, such as the monthly close, audits and day to day operations
- Assist and backup the accounting manager with monthly closing activities to ensure timely and accurate reporting including variance analysis
- Perform daily cash treasury functions and work with the operations of the business to ensure operational cash is always in the right place at the right time
- Day to Day lead on all external audit requests and working with management to ensure financial audits are performed accurately and on time
- Reconcile accounts monthly to ensure accurate reporting and ledger maintenance
- Serve as backup to Accounts Receivable processes including responding to client inquiries and entering invoices/bills/journal entries/collections/monthly accruals
- Analyze financials to evaluate cost cutting opportunities to drive value
- Help to maintain and enforce company policies and procedures
- Evaluate workflow processes and procedures to develop, recommend and implement procedural and systemic changes aimed at increasing accuracy and efficiency
- Provide support for other ad hoc analyses and projects as needed
Our take
Lithic has developed a fast and simple card-issuing API that allows developers to create and monitor payment cards - physical and virtual - and the transactions that take place on them. Its expanding list of use cases includes on-demand services, vertical SaaS, and alternative lending, meaning its product spans a promising and exciting remit of growing sectors.
Lithic began as Privacy.com, helping customers keep their transactions private and secure through generating disposable, virtual payment card numbers. The significant uptake prompted a pivot of service to corporate customers and the card-issuing API (although Privacy.com continues as a subsidiary), and this savvy strategy has seen notable success as the appetite for fintech solutions continues to grow.
The company has raised impressive rounds of funding to continue developing its platform and its B2B direction. It will need this to keep its edge over larger competitors like Galileo and Marqueta - that is, to maintain its more modern infrastructure, and therefore its appealingly agile functionality for its early-stage startup customers.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jul 2021
$60m
SERIES C
May 2021
$43m
SERIES B
Total funding: $163.4m
Company benefits
- Health, vision, and dental insurance
- Flexible PTO
- 401(k) match
- Equity
- Remote-friendly
- 12 weeks of paid family leave
Company HQ
Lower Manhattan, New York, NY
Leadership
Bo Jiang
(CEO)Previous Research Assistant at MIT Media Lab and Engineer at Hatch Labs.
Jason Kruse
(CTO)Experience as a Software Development Intern at IBM and then became a Software Engineer at Expensify.
David Nichols
(Head of Design)Extensive experience in design, most recently working as a Designer for Rabbit & Hare and then Product Designer for Palantir Technologies.
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