Controller, Oxygen
$135-155k
Office located in Princeton, NJ
Consumer & business banking platform
Job no longer available
Consumer & business banking platform
101-200 employees
Job no longer available
$135-155k
Office located in Princeton, NJ
101-200 employees
Company mission
Oxygen's mission is to build the best banking platform and community to help the creators building the businesses of the 21st century thrive.
Role
Who you are
- The ideal candidate will have a strong background in finance, experience working within the big 4 accounting firms, and a solid understanding of the fintech industry
- Bachelor's degree in finance, accounting, or a related field. Advanced degree (MBA, CPA, or CMA) is a plus
- Previous experience working within the big 4 accounting firms is required
- Proven experience in the fintech industry is highly desired
- Startup experience is strongly preferred, with a demonstrated ability to adapt in a fast-paced and ever-changing environment
- Strong knowledge of accounting principles, financial regulations, and reporting standards
- Excellent analytical and problem-solving skills, with a keen attention to detail
- Demonstrated leadership abilities with experience managing a team
- Advanced proficiency in financial management software and MS Office Suite
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and present complex financial information to non-financial stakeholders
- High level of integrity, professionalism, and ethical conduct
What the job involves
- The Controller will report directly to the Chief Financial Officer (CFO) and will work closely with other members of the executive team. If you are an ambitious finance professional with a passion for fintech, startup environments, and the desire to make a significant impact, we invite you to apply for this exciting opportunity at Oxygen
- Financial Management: Oversee all financial activities, including budgeting, forecasting, financial planning and analysis, and financial reporting
- Compliance and Regulatory Oversight: Ensure compliance with relevant financial regulations and reporting standards, while staying abreast of any changes or updates in accounting principles
- Financial Operations: Manage day-to-day financial operations, including accounts payable, accounts receivable, payroll, and general ledger activities
- Financial Reporting: Prepare accurate and timely financial statements, management reports, and other financial analyses for internal and external stakeholders
- Audit and Risk Management: Coordinate and support internal and external audits, ensuring compliance with audit requirements. Develop and implement effective internal controls to mitigate financial risks
- Team Leadership: Manage and develop a high-performing finance team, providing guidance and support to team members
- Strategic Financial Planning: Collaborate with the CFO and other key stakeholders to develop financial strategies and plans aligned with the company's goals and objectives
- Process Improvement: Identify opportunities to streamline financial processes, enhance efficiency, and improve overall financial performance
- Cross-Functional Collaboration: Collaborate with other departments, such as operations, marketing, and legal, to ensure financial considerations are taken into account in decision-making processes
- Ad Hoc Projects: Contribute to special projects as assigned by the CFO, such as fundraising activities, mergers and acquisitions, and financial system implementations
- Lead ongoing operational activities for clients, general ledger maintenance and accounts reconciliations, implementation and maintenance of operational and financial internal controls, GAAP financial statement creation, run of semimonthly payroll, evaluation and implementation of accounting systems, and creation and administration of cash and equity compensation plans
Our take
Innovations in open banking have resulted in many startups developing fintech banking applications, allowing them to provide personalized financial services to customers. Whilst these provide a variety of services such as savings accounts, flexible payments and business accounts, each provider offers a different combination of such services, meaning customers must sign up for various banking services to access all necessary features.
Oxygen provides a consumer & business banking platform, allowing individuals and businesses alike to create mobile banking accounts to access a variety of financial services. Personal accounts include cashback rewards, flexible payments, savings accounts, virtual cards and travel benefits, with businesses being provided with 1% business savings, secure virtual cards, and no monthly fees.
Whilst the company faces competition from others within the saturated open banking mobile application market, Oxygen has taken a unique all-in-one approach, unifying fragmented services for both businesses and individuals into a single banking platform. In 2023, Series B funding led to a leadership shift and substantial growth for the company, as it evolves to meet growing demand.
Kirsty
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 5 rounds)
Feb 2023
$20m
SERIES B
Dec 2021
$1m
EARLY VC
Total funding: $45.2m
Company benefits
- Equity in a high growth Fintech startup
- Fully remote (we were remote before it was cool)
- Medical, dental, and vision insurance and HSA
- Paid time off, sick leaves, COVID sick leave, paid maternal leave, and paid paternal leave
- 401(K) and retirement planning
- A great startup in banking with so much wonderful potential
- Lots of autonomy and massive career growth opportunities for the go getters
- The coolest coworkers you could ever dream of
Company HQ
Financial District, San Francisco, CA
Leadership
David Rafalovsky
(CEO (Not Founder))Currently Board Member at Kizen, Chairman of the Board and Co-founder at ROVIAL Space. Previously Group CTO and Global Head of O&T at Sber and CTO at Citi.
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