Controller, ALT
$165-190k
+ Equity
Management platform for alternative assets
Be an early applicant
Management platform for alternative assets
101-200 employees
Be an early applicant
$165-190k
+ Equity
101-200 employees
Company mission
To unlock the value of alternative assets.
Role
Who you are
- 8+ years of progressive accounting experience, including hands-on controllership in industry
- Deep US GAAP knowledge, with direct experience converting a company from cash or mixed-basis accounting to full accrual
- Proven ownership of an external audit relationship — PBC lists, walkthroughs, sample testing, and auditor communication
- Experience in a marketplace, fintech, or lending environment, with comfort in principal-vs-agent revenue questions and reserve/receivable accounting
- Fluency with QuickBooks, a modern spend platform (e.g., Ramp), an HRIS (e.g., Rippling), and enough SQL/BI comfort to tie GL entries back to source data, ideally including running an integration between a data warehouse and an accounting system
- Experience managing an outsourced, fractional, or offshore accounting team
- Nice to have: asset-backed lending or covenant/borrowing-base reporting, and experience preparing a company for institutional fundraising or M&A diligence
What the job involves
- We are hiring a Controller to build and own Alt's accounting function for the first time. Today Finance is a one- person team supported by an outsourced accounting provider — you will bring that function in-house, close out our external audit, lead our conversion to full US GAAP accrual accounting, and take ownership of tax and systems work, reporting directly to the Head of Finance
- Alt is fully remote (US), and this is a build-from-scratch role at an early-stage company: you’ll write the policies, checklists, and controls Alt has never had, and grow a small team behind you as volume scales. If you want to own a function end-to-end rather than inherit one, this is that job
- Own the monthly close end-to-end and drive it toward a 5-day, fully reconciled, audit-ready close, with nothing aged past 30 days
- Lead the conversion from mixed cash/accrual to full US GAAP accrual across every revenue stream: auctions, the fixed-price exchange, lending and cash advances, and partner revenue
- Own the chart of accounts and revenue recognition policy, and lead the work to tie GL entries back to our source-of-truth data warehouse (e.g., Snowflake) and feed it directly into QuickBooks or a future ERP, so revenue postings stop being a manual month-end exercise
- Be the primary point of contact for our external auditors: own the PBC list, walkthroughs, and full close-out of open items
- Own the tax compliance calendar (corporate and fund-level returns, K-1s, state and local filings, 1099s, and the annual R&D credit study), working with outside tax advisors
- Own covenant and borrowing-base reporting for our asset-backed credit facility, partnering with the Head of Finance on lender compliance
- Own day-to-day accounting operations (AP/AR, reconciliations, fixed assets, spend controls, and corporate card and vendor administration), and manage our outsourced provider with a mandate to bring the work in-house over time
Our take
Increased interest in alternative assets has resulted in an unexpected boom in the collectables market, as more people are seeking to diversify their portfolios. Alt is a trading and portfolio management platform capitalizing on this exciting new upswing, making it simple to buy and sell investment-grade trading cards.
Initially dealing exclusively with sports cards, the company’s platform has expanded to include other trading card types, ranging from Pokémon to Yu-Gi-Oh! Alt sets itself apart from the competition by offering its users a vast range of attractive options, such as no buyer premiums, cash advances, Alt Vault card storage and borrowing options.
By tackling the three key problems hobbling the uptake of alternative asset investments (liquidity, price transparency, and physical storage) Alt’s success certainly opens the door for further expansion into different assets like art and sneakers, ushering in a new model for alternative asset markets.
Steph
Company Specialist at Welcome to the Jungle
Insights
108% employee growth in 12 months
Company
Funding (2 rounds)
Nov 2021
$75m
SERIES B
Mar 2021
$31m
SERIES A
Total funding: $106m
Company benefits
- Medical, Dental & Vision
- Monthly WFH, health and wellness stipend
- Generous parental and family leave
- Volunteer opportunities
- Learning and development programs
- Unlimited PTO
- WeWork access
Company HQ
SoMa, San Francisco, CA
Leadership
Leore Avidar
(CEO & Founder)Also co-founded Lob, a platform that makes direct mail for businesses faster and easier. Was an Asset Management Derivates Trader for Citigroup Global Markets, and part of the Technical Business Development, Startups and Venture Capital services for AWS.
Share this job
View 12 more jobs at ALT