Formic Labs
Senior Manager, Accounting & Controls
San Francisco || Oakland, CA · Senior · Full-time
Sponsorship not specified$120k-$180kDetected 1 day ago
AccessibilityProject ManagementFinancial AnalysisAccountingProcess ImprovementERPRoboticsLeadershipGAAPFinancial ReportingNetSuite
About the role
- As Senior Manager, Accounting & Controls, you will play a key role in strengthening Formic's Accounting foundation during a period of growth.
- Financial Reporting & Technical Accounting
- Be responsible for the preparation of financial statements, including reviewing supporting schedules and reconciliations for internal stakeholders
Responsibilities
- Support Formic through its first financial audit, including preparation of audit schedules, account support, reconciliations, and documentation
- Own components of the month-end, quarter-end, and year-end close processes, ensuring timely and accurate financial reporting in accordance with US GAAP
- Design, implement, and maintain a robust internal control environment, work to anticipate risk areas and build preventive controls
- Identify gaps in audit readiness and make practical improvements to documentation, workflows, and recurring support files
- Lead the documentation process to develop improved processes and document appropriately
- Collaborate closely with the Staff Accountant and broader finance team to ensure alignment and efficiency.
- Continually drive forward efforts to shorten the close timeline
- Partner with the Associate Director on ERP improvements, system initiatives and accounting automations, providing hands-on input from an accounting operations perspective.
- Develop and maintain both the documentation and accounting procedures that keep pace and are scalable as the business model evolves
- Fully funded by Formic, offering support when you need it most
Requirements
- You have a bias to action.
Nice to have
- CPA required (active license in good standing)
- 7-10+ years of progressive accounting experience, including significant tenure at a Top 10 public accounting firm
- Senior Manager (or equivalent) level in Audit / Assurance, with demonstrated experience leading audit engagements and managing teams
- Deep technical knowledge of US GAAP, with particular strength in revenue recognition and lease accounting
- Small-company, one-team mindset - you enjoy rolling up your sleeves and doing whatever it takes to help the team succeed
- Prior industry experience in technology, SaaS, or manufacturing
- Experience with NetSuite
- Experience in a start-up / high-growth or technology-driven company
Skills
- At Formic, fairness and transparency are at the heart of our hiring process.
- We use AI-powered tools in some interviews to help our teams evaluate candidate responses, but all
- Exceptional analytical, organizational, and project management skills with a strong attention to detail
Compensation
- Formic's pay and equity packages are thoughtfully benchmarked against peer companies at a similar growth stage.
- $120,000 - $180,000 USD
Benefits
- That's why we offer a comprehensive benefits and perks package for full-time, U.S.-based team members, including:
- FSA and DCFSA, life insurance, short-term disability, and long-term disability through Unum, all 100% employer-paid
- Equity in Formic: Participate in our stock option program and share in the success of a fast-growing start-up backed by leading global investors
- Paid Parental Leave Program: Up to 12 weeks of paid parental leave
- Company-sponsored 401(k): Invest in your future with our company-facilitated retirement savings plan
- Monthly Cell Phone Reimbursement: Monthly stipend toward personal phone and internet expenses
- Home Office Stipend: A one-time allowance for fully remote and hybrid employees to support an at-home or on-the-road work setup
Company info
- Formic is on a mission to reshape American manufacturing by making automation accessible to every factory. As labor constraints rise, costs increase, and global competition intensifies, automation is no longer optional for manufacturers that want to stay competitive.
- We deliver automation through a Robotics-as-a-Service model that combines industrial robotics, proprietary software, and full-service support into a single, integrated solution. By removing the traditional barriers of cost, complexity, and risk, we enable manufacturers to deploy automation quickly and realize measurable gains in throughput, safety, and operational efficiency without large upfront capital investment.
- Backed by leading investors including Lux Capital, Initialized Capital, Blackhorn Ventures, and Mitsubishi HC Capital North America, Formic is scaling rapidly and building the foundation for a new era of high-performance, Made in America production.
- About the team:
- Invest in your future with our company-facilitated retirement savings plan
- Formic is on a mission to reshape American manufacturing by making automation accessible to every factory.
- As labor constraints rise, costs increase, and global competition intensifies, automation is no longer optional for manufacturers that want to stay competitive.
- We deliver automation through a Robotics-as-a-Service model that combines industrial robotics, proprietary software, and full-service support into a single, integrated solution.
- By removing the traditional barriers of cost, complexity, and risk, we enable manufacturers to deploy automation quickly and realize measurable gains in throughput, safety, and operational efficiency without large upfront capital investment.
- Formic's Finance team enables disciplined growth across our Robotics-as-a-Service platform.
- The team oversees capital strategy, treasury, credit, financial operations, compliance, accounting, and investor engagement.
- As Formic scales nationally, Finance ensures capital is deployed intelligently, portfolio performance remains strong, and the company maintains long-term financial resilience.
- Finance operates at the center of strategy and execution.
- It connects operational performance to capital markets, aligns deployment velocity with balance sheet strength, and supports executive decision-making with rigorous financial insight.
Equal opportunity
- Employment:
- Formic is an equal opportunity employer. We do not discriminate on the basis of race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions are based on a person's merit, business needs, and role requirements. If you require further accommodations or have questions regarding accessibility of our roles, please reach out to careers@formic.co.
- At Formic, fairness and transparency are at the heart of our hiring process. We use AI-powered tools in some interviews to help our teams evaluate candidate responses, but all
- Formic is an equal opportunity employer.
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