Controller, Sofar Ocean

• The ideal candidate will be an experienced finance leader who can adapt to the evolving needs of a dynamic organization, working cross-functionally to drive financial strategy and operational excellence
• Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification preferred)
• 7+ years of progressive accounting and financial management experience, including at least 2 years in a leadership role
• Experience in government contracting, working with government cost-reimbursement contracts or grants
• Expertise in accounting software (QuickBooks, NetSuite, or similar systems)
• Proficient in Microsoft Excel and financial modeling tools
• Exceptional organizational skills with a keen attention to detail
• Proven ability to work cross-functionally and collaborate with senior leadership teams
• Strong analytical skills and the ability to communicate complex financial data to non-financial stakeholders
• Ability to adapt to the evolving needs of a fast-paced, high-growth company

Desirable

• The Controller will be responsible for all aspects of Sofar’s accounting, financial reporting, and treasury functions.
• This includes working closely with our external accounting team to close monthly financials, preparing internal financial reporting, managing audits and compliance requirements, overseeing bank accounts, and establishing financial practices and policies for a high-growth startup environment
• Oversee all accounting functions, including AP, AR, and payroll, ensuring accurate and timely processing
• Drive the establishment of scalable financial policies, processes, and systems to support the company’s growth trajectory
• Manage company bank accounts and ensure appropriate cash flow management to support operational needs
• Lead compliance with government contracting standards (including FAR and CAS) as they pertain to accounting, cost allocations, and billing practices
• Lead the budgeting process for Sofar’s bid and proposal teams, and work with legal and business development teams to support the negotiation of government contracts
• Collaborate with production and R&D teams to ensure accurate inventory tracking, valuation, and cost of goods sold (COGS) reporting
• Develop and maintain systems for tracking inventory costs, including direct materials, labor, and overhead, ensuring proper cost allocations to meet financial reporting and compliance standards
• Provide guidance on inventory write-offs, obsolete inventory, and ensuring proper internal controls are in place
• Lead the monthly financial close process, ensuring that financial data is accurate and reported on time to internal stakeholders
• Prepare financial reports for key internal stakeholders (executives, department leads) and external stakeholders (investors, board members)
• Provide regular insights into financial performance, key metrics, and areas for improvement
• Ensure timely filing of all tax compliance requirements, including federal, state, and local taxes
• Supervise the annual external audit process and ensure compliance with regulatory and governmental contract requirements
• Maintain strong internal controls to ensure the company’s financial operations adhere to legal and regulatory standards
• Work closely with department leads and the executive team to prepare, manage, and monitor annual operating budgets
• Provide guidance on budget variances and recommend corrective actions as needed