Corporate Controller, Bolt
Salary not provided
Expert level
Remote in US
One-click checkout solution for online payments
Be an early applicant
One-click checkout solution for online payments
501-1000 employees
FintechB2CB2BPaymentseCommerce
Be an early applicant
Salary not provided
Expert level
Remote in US
501-1000 employees
FintechB2CB2BPaymentseCommerce
Company mission
To democratize commerce by setting a new standard for buying and selling online.
Role
Who you are
- We are seeking a highly dynamic and experienced Corporate Controller to lead and oversee our US and Global accounting operations
- The role requires a deep understanding of US GAAP, and is critical in ensuring the accuracy, integrity, and compliance of our financial processes across a wide range of accounting functions
- The ideal candidate will have extensive experience in corporate accounting, technical accounting, financial reporting, and audit management, with a proven ability to lead high-performing teams in a complex, fast-paced environment
- Bachelor’s or Master’s degree in Accounting, Finance, or a related field
- Active CPA license is required
- 15+ years of relevant professional experience, with at least five years experience in a similar Controller role with high-growth, technology-focused companies. Preference for those with public accounting experience at a top firm
- Extensive experience with Money Transmitter Licenses (MTLs) from a financial and compliance perspective
- Strong knowledge of U.S. GAAP, with demonstrated experience in revenue recognition (ASC 606), equity transactions (ASC 505), stock compensation (ASC 718), and consolidations
- Proven experience in a similar role, preferable in private and publicly traded companies of comparable size or larger
- Proven ability to hire, manage, and mentor top-performing teams; experience leading a dispersed accounting team is a plus
- Excellent communication and presentation skills, with the ability to collaborate effectively across teams and drive initiatives
- Strong command of GAAP/IFRS financial reporting standards
- Excellent analytical, problem-solving, and decision-making skills
- Proficiency in financial software and ERP systems
- Exceptional leadership and team management abilities
- Excellent communication and interpersonal skills, with the ability to work effectively with senior and external stakeholders
What the job involves
- This position reports to the Vice President of Finance
- We will rely on this role to ensure accurate financial reporting on all filings, compliance with regulatory requirements, management of the relationship with the external auditors, and to provide strategic financial guidance to senior management
- This role is critical in helping our Leadership maintain the financial health of the company and support the continued growth and success of the business
- Oversee Global Accounting Operations: Manage core technical areas including Corporate Accounting, Technical Accounting, Consolidations, Intercompany Accounting, Monthly Close, External Audit Management, and Financial Reporting. Partner cross-functionally to ensure timely and accurate processing of payments, payroll, commissions, banking, funding, regulatory filings, and other operational activities
- Financial Statement Preparation: Ensure the timely and accurate preparation of monthly financial packages, and quarterly and annual financial statements in accordance with US GAAP, IFRS, and applicable local standards for international filings
- Month-End and Year-End Close: Oversee and ensure the smooth execution of monthly, quarterly, and year end financial close and reporting processes
- Compliance Management: Ensure compliance with all applicable federal, state, and local laws and regulations, primarily pertaining to Tax and Money Tranmitter License compliance
- Internal Controls and Process Improvement: Continuously evaluate, develop, implement, and maintain robust internal control policies and procedures across the Accounting organization and its upstream dependencies
- Audit Coordination: Partner with External Audit teams to ensure effective and timely completion of audits. Identify areas for improvement and integrate changes into the overall process improvement strategy
- 409a and Cap Table Management: Continuously monitor and maintain our cap table equity transactions and assist leading 409a processes
- Cross-Functional Collaboration: Coordinate with cross-functional teams to support business initiatives and achieve both Accounting organization and Company-level goals
- Strategic Financial Insights: Provide financial insights and analysis to support long-term planning and growth initiatives
- Strategic Partnership and Execution: Collaborate with the VP of Finance and the Executive team to develop and execute the Accounting organization’s strategy, scaling operations as the company grows and evolves
- Process Improvement and Automation: Work with the VP of Finance to strategize, prioritize, and execute process improvement initiatives, including streamlining and automation projects
- Team Leadership and Development: Coach and mentor key leaders within the Accounting organization. Ensure the management, mentoring, and development of the broader Accounting team, fostering a culture of high performance and continuous improvement
- This is a unique opportunity to play a pivotal role in a dynamic and rapidly evolving company
- As a Corporate Controller, you will have the chance to help shape our financial strategy, ensure compliance, and help lead a talented team in achieving operational excellence
Our take
Designed to replace existing checkout models and make buying on any device easy and safe, Bolt provides a one-click checkout solution. Its online shopping software is utilized by companies like Brooks Brothers and Forever 21. As well as supporting all major card providers and alternative payment methods like PayPal, customers also don't need a username or password. This reduces cart abandonment and increases merchant conversion rates.
The company has seen impressive growth, annually processing more than $1 billion in retail transactions across its 300+ retailers. While Bolt has won the race against Google, who tried, and failed with Google Checkout, there are other 'one-click' competitors to watch out for, including Square, who has over 30 million monthly active users.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Top investors
Few candidates hear
back within 2 weeks
-15% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jan 2022
$355m
SERIES E
Oct 2021
$60m
SERIES C
Total funding: $963m
Company benefits
- Four-Day Workweek, flexible working hours, & unlimited PTO time to promote a healthy work-life balance
- 100% paid coverage of medical, dental, and vision insurance for employees
- Remote First location policy to allow team members to live where they choose
- Work from home stipend to help you succeed in a remote environment
- Early Exercise program to help Bolters maximize the value of their equity
- 401K program to help you invest in your future
- Learning & Development stipend to grow your skills
- Paid parental leave to support you and your family
- 11 paid company holidays per year, 5 additional floating holidays, & your birthday off
Company values
- Win-Win Partnerships - Bolt thinks critically about culture. They’re not just a list of values on the wall, they’re instilled into our everyday practices. We create an environment where the best ideas win, not the loudest voices in the room
- Writing > Talking - We value writing over talking, it promotes systematic thought and reasoned arguments; creates a results-oriented mindset, removes the influence of the loudest voices in the room, and fosters collaboration across the organization
- Live Curiously - We believe a learning and growth mindset is how we evolve and grow as a business and as individuals. At its core, a growth mindset requires curiosity, humility, and openness to giving and receiving feedback from everyone we work with
- Founder Mentality - We embrace the founder mentality — that means approaching every problem as if we owned the company (because we do), having a bias for action, and doing everything possible to achieve our goals
- United + Unique - Our team is united by many shared values (hunger to solve hard problems, passion for our mission, thoughtfulness, etc). But we also value the strength that comes when we acknowledge, respect, and embrace our unique histories, skills, and experiences. And, we firmly believe that we win when we are united in our differences
- Be 20% Wrong, Chase 10X - We move fast, take risks, and chase big outcomes wherever possible. We act fearlessly, take action without waiting for consensus, experiment, fail (and learn from it) and try again
Company HQ
Lower Nob Hill, San Francisco, CA
Articles
Leadership
Ryan Breslow
(Chairman)They studied Computer Science at Stanford before working as a Stanford-StartX Coach for 4 years and founding Bolt in 2015. Stepped down as CEO to assume the role of Chairman. They found the company Love in Jan 2022.
Maju Kuruvilla
(CEO, not founder)Extensive history in software engineering. Former VP of Amazon. Took on the role of CPTO at Bolt before subsequently going on to become the company CEO.
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