Global Controller, Lime
$168-288k
Offers Equity & Bonus
More information about location
Electric bike and scooter rentals
Be an early applicant
Electric bike and scooter rentals
1001+ employees
Be an early applicant
$168-288k
Offers Equity & Bonus
More information about location
1001+ employees
Company mission
To build a future where transportation is shared, affordable and carbon-free.
Role
Who you are
- If you are experienced in successfully leading global accounting operations for a public company with international subsidiaries operating under multiple foreign currencies, we would love to hear from you!
- The ideal candidate will be an independent thinker and clear communicator
- You will have a demonstrated background in driving global compliance with accounting policies and internal controls while helping prepare a company for public readiness
- Bachelor’s degree in accounting, finance, and/or business administration
- 15+ years of progressive accounting experience working within a public company with international subsidiaries, foreign currencies, legal entity tax structures/transfer pricing schemes experience
- Big 4 experience and CPA
- Previous experience managing a GL team, global consolidations, revenue accounting, fixed asset accounting and accelerated close
- Strong knowledge of US GAAP and the ability to apply these practically
- Experience in hardware and inventory accounting, and standard costing
- Flexibility to switch between hands-on operations and strategic thinking
- Experience implementing an ERP (Netsuite, SAP, and other cloud-based solutions)
- Hands-on experience supporting internal and external audits and SOX compliance
- Experience communicating and collaborating in a cross-functional and multicultural environment
- Previous experience in a fast-paced, scale-up, public company with international operations
- Not sure if you meet all the qualifications? If this role excites you we encourage you to apply
What the job involves
- As Lime continues to grow, we are looking for a hands-on Global Corporate Controller
- Reporting to the Chief Accounting Officer you will partner with teams across the organization to ensure adherence to US GAAP and Lime accounting policies and related internal controls
- You will also drive and scale cross-functional business processes and systems to support Lime's rapid growth
- Ensure general ledgers are maintained in accordance with US GAAP, Lime’s accounting policies, and are closed timely as required for public company reporting compliance
- Oversee and ensure appropriate analysis, accounting and recording of transactions, and effective SOX internal control over the corporate general ledger
- Drive acceleration of the current GL close process by identifying and leading the implementation of automation and streamlining of our monthly/quarterly close processes
- Oversee accounting operations, including revenue, vehicle assets and depreciation and related standard costing, spare parts inventory, legal reserves, payroll and bonus, leases, stock equity, equity investments, intercompany and consolidations
- Ensure documentation of financial processes and procedures are developed, maintained, and adhered to across Lime
- Partner with the Technical Accounting team to develop and adopt relevant accounting policies and technical accounting positions to support underlying transactions and new products and businesses, as required
- Guide accounting initiatives that leverage the ERP system and other software applications and tools to automate the close and related accounting processes, and streamline vehicle assets, depreciation, and revenue sub-ledgers
- Support annual audits, quarterly reviews, and interim testing
- Develop, supervise, and train accounting staff
- Consolidation of Lime’s global operations with presences in US, APAC and EMEA
- Ensure timely and accurate consolidation and preparation of financial statements (BS, PL, CF, and SE) in accordance with US GAAP and Lime’s accounting policies
- Ensure intercompany accounts are properly recorded and eliminated, and reflect the legal entity tax structures; and ensure intercompany settlements are timely
- Ensure timely and accurate reporting of Lime’s subsidiaries’ statutory and management accounts to support local statutory and corporate income tax filings and related audits
Our take
In recent years, electric-powered mobility companies have attracted an extraordinary amount of interest and funding, in part due to rising eco-friendly sentiment, and in part because of the race to "find the next Uber". Lime is one such company, that has rapidly scaled across multiple geographies to be a key player in the fight for market leadership.
Lime, along with its competitors, has had to grapple with regulation in many of its target markets, but nonetheless has steadily increased its footprint. Since its launch, the company has facilitated millions of trips, making it one of the biggest companies of its kind. Interestingly, the CEO has stated that "cars are our true business rivals—not other scooter companies", suggesting that its biggest business challenge will be to get families to give up their second cars.
With a presence that spans an impressive number of regions - most recently Lime has begun operating in Qatar - the company has cemented itself in the micromobility market, and stands to profit from the increasing popularity of these types of services. Across 2022, a substantial increase in ridership enabled Lime to achieve a "full profitable year", with suggestions it will pursue an IPO in the near future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2021
$523m
CONVERTIBLE
May 2020
$170m
SERIES E
Total funding: $1.5bn
Company HQ
The East Cut, San Francisco, CA
Leadership
Toby
(Board Advisor)Founder and CEO of ZERO&. Was a Marketing Manager at Pepsi for 6 years before doing an MBA at Berkeley. Moved into consulting and VC for 5 years before starting Lime.
Brad
(Chairman)VP of Business Development at Tencent for 8 years. Managing Partner of a VC firm for 3 years, where he worked with Toby. Has an MBA from Berkeley.
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