Corporate Controller, Meati
$165-220k
+ Potential annual bonus + Stock options
Office located in Boulder, CO
Alternative protein producer
Job no longer available
Alternative protein producer
101-200 employees
Job no longer available
$165-220k
+ Potential annual bonus + Stock options
Office located in Boulder, CO
101-200 employees
Company mission
To work closely with Mother Nature, to cultivate the complete protein she intended - one that’s been the root of our living world for millennia - connecting and empowering eaters everywhere to evolve energetically.
Role
Who you are
- B.S. degree in Accounting
- Certified Public Accountant (CPA)
- A minimum of ten years experience ideally gained through increasingly responsible management positions within Accounting
- A minimum of 3 years' recent experience as a Controller
- Working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage applications
- Previous experience with financial accounting system conversion is preferred
- Sound administrative skills; Well-developed management skills—principles and people
- Demonstrated ability to work in conjunction with external auditors to produce accurate financial statements, related documentation, and timely audit completion
- Experienced with companies that have manufacturing operations
- Proficient with Excel and NetSuite or other recognized Accounting systems
- Professional appearance and strong character
- Minimum 5 years supervisory experience
- Strong problem-solving skills and work ethic
- Excellent verbal, written, and interpersonal communication skills
- Ability to work independently and as part of a team
- Attention to detail
- Other duties as assigned
What the job involves
- The Corporate Controller plans, organizes, directs, and controls the Accounting and associated control functions of the company
- Provides leadership and coordination of financial statement preparation, and financial reporting functions for the corporate office
- As part of this responsibility, the Controller ensures that company accounting procedures and financial reports conform to generally accepted accounting principles and are prepared and reported timely
- Responsible for establishing and executing a comprehensive system of internal financial controls to ensure accurate and timely reporting of financial results. This includes establishing and administering key accounting and operational policies and procedures
- Compares performance with operating plans and standards. This includes the disciplined application of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports, as required
- Assures protection for the assets of the business through execution of internal controls and on-going monitoring
- Establishes and implements a sound operational and organizational plan in direct support of the business plan
- Executes cash disbursements for payment of corporate expenditures in accordance with disbursement policies. Works with FP&A to maintain accurate cash flow analysis
- Develops and presents information to senior leaders and assists them with making key decisions by providing sound recommendations and accurate information
- Management reporting; provides financial reporting to management on both a routine and ad hoc basis
- Recommends and implements internal controls and process improvement within the accounting department as well as any other areas deemed necessary
- Responsible for corporate matters including taxes, receivables, payables, financial reporting, capital expenditures, insurance and special projects
- ASC 606 and net trade spend revenue reporting unique to the consumer packaged goods (CPG) industry
- Maintain financial books and records consistent with US GAAP
- Reports to the Chief Financial Officer
- Areas and/or departments under the direct responsibility of the Controller including: GL Accounting, Financial Reporting, Tax, Accounts Receivable and Accounts Payable, Plant/cost accounting, ERP system and financial reporting
- Advises, consults, and coordinates with:
- External auditors – to ensure that a clean annual audit is completed on a timely basis
- Tax accountants for annual preparation of corporate income tax returns
- Any and all departments that have a revenue\expense impact
- Assures that the duties, responsibilities, and authority of each job are clearly defined, effective, and communicated to incumbents
- Assures that accounting department training and development needs are identified and programs initiated
- Assures that qualified personnel are selected and that orientation and on-the-job training programs are conducted and effective
- Develops an adequate plan for backup and succession of management
- Assures that positive employee relationships are maintained; Ensures that the company's management principles, policies, and programs are consistently practiced
- Assures that the necessary responsiveness within the area of responsibility is taking place and that coordination of the assigned responsibilities with those of corporate units is taking place. Resolves problems involving coordination and responsiveness of the accounting
- Consults with all segments of management responsible for policy or action; Makes recommendations for improving the effectiveness of policy or practices
- Acts within scope of authority and consistent with company and corporate objectives, guidelines, policies, and practices
- Ensures optimum performance of the function; Recommends and implements techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain best practices
Our take
Many consumers are interested in meat alternatives, but don’t quite feel that an option exists with equally good taste and nutrition. Meati Foods aims to remedy this with their products composed of 95% mycelia, a mushroom root, rather than typical offerings based on soy, pea and wheat protein.
Meati Food's unique mushroom-based products, and highly efficient production techniques (the protein is grown in fermentation tanks in liquid suspension), has led to it being an industry favourite. It has found great success in its direct-to-doorstep online shop, and made its retail debut in summer 2022. The company boasts support from Whole Foods, Sweetgreen, and even the former White House Senior Policy Advisor for Nutrition.
Meati Foods is an ambitious brand with the goal to be the market share leader and has found focus in expanding its facilities and reach - including by the opening of its "mega" production facility. In 2024, it nearly doubled its revenue, enjoyed a 130% retail presence increase and penetrated the breakfast market with Meati Breakfast Patties. As the public continues to become more aware of the benefits of plant-based alternatives, both for their health and that of the planet, an increase in demand for Meati’s innovative products is almost inevitable. Fresh funds will allow it to ramp up production and brand awareness to capitalize on this trend.
Steph
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
May 2024
$100m
SERIES C
Feb 2023
$22m
SERIES C
Total funding: $381.4m
Company benefits
- Medical, Dental, and Vision insurance at no cost to the employee (for employee-only coverage)
- 401K with company match
- Generous Paid Time Off (PTO) and Floating Holidays
- Monthly reimbursements for personal health and wellness expenses
- Mental health programs at no cost
- Parental Leave, Short-Term & Long-Term Disability coverage, and AD&D
Company HQ
Goss - Grove, Boulder, CO
Leadership
Justin Whiteley
(CTO)Previously co-founded BTRFY Foods, serving as CTO. Experience in Engineering at Enercon Services and Pacific Gas and Electric Company. Worked as a Research Assistant for the University of Colorado Boulder.
Tyler Huggins
(CEO)Previously co-founded BTRFY Foods and Full Sustainability Consulting, where they served as CEO. Also founded Restoring the Rockies, serving as Lead Engineer.
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