Assistant Controller
Color
Accounting & Finance
United States · Remote
Posted on Oct 25, 2024
Color is a health technology company that makes population-scale healthcare programs accessible, convenient, and cost-effective for everyone. We work with employers, labor unions, national health initiatives, governments, and public health institutions to provide the tools for preventive health and disease management, including cancer early detection, screening, and care management.
Apply to join Color and do the most meaningful work of your career. If you are not sure that you’re 100% qualified but are up for the challenge - we want you to apply!
We are seeking a highly experienced and skilled Assistant Controller to join our accounting team. In this critical role, you will lead and oversee key accounting functions, including Accounts Payable, Payroll, Expenses, Inventory, General Ledger and Tax Compliance. The ideal candidate will have a strong and proven background in financial management and systems and excel in a fast paced start-up environment. As the Assistant Controller, you will play a hands-on role in ensuring the accuracy and efficiency of our accounting processes while supporting the financial health of the organization. You’ll work closely with the Controller to drive operational excellence, maintain compliance, and provide valuable insights to leadership. This is a great opportunity for someone with technical accounting expertise, strong leadership skills, and a passion for process improvement.
How You'll Contribute:
- Actively engage in the day-to-day operations of Accounts Payable and Payroll functions, including managing a small team
- Oversee the entire AP process, including invoice processing, payment approval, vendor management, and disbursements. Develop and enforce policies and procedures related to expense management, including review and approval processes for business expenses and employee reimbursements
- Oversee the Payroll function ensuring timely and accurate processing of payroll for all employees, adhering to company policies and relevant regulatory requirements. Collaborate with HR on payroll-related reporting, benefits administration, and audits.
- Manage inventory accounting, including costing, valuation, and controls to ensure proper financial reporting. As necessary, manage inventory audits and work closely with operations to maintain accurate stock levels and valuations
- Support the implementation, maintenance, and improvement of key accounting systems and related technologies (e.g., ERP systems, payroll systems, A/P)
- Ensure the accuracy and completeness of accounting records and reports, in line with Generally Accepted Accounting Principles (GAAP) and other relevant standards
- Oversee and support third party tax providers in the tax preparation processes, ensuring compliance with federal, state, and local tax regulations. Provide assistance in ongoing tax studies and reviews.
- Oversee month-end, quarter-end and year-end closing processes, including reconciliations, journal entries, and flux analysis.
- Manage the General Ledger (GL), including the accurate and timely recording of expenses, ensuring proper period cutoffs, and maintaining compliance with accounting standards and internal controls.
- Support the external financial audit process
Our Ideal Candidate Will Have:
- Bachelor’s or Master’s degree in Accounting, Finance, or a related field
- Minimum of 7-10 years of accounting experience with 3+ years of management experience
- Strong understanding of Payroll, Accounts Payable, Inventory, and Expense management processes
- Prior experience with inventory management, standard costing and inventory reserves
- Expertise with financial systems (e.g., ERP, payroll systems) and experience in optimizing accounting processes through automation
- In-depth knowledge of GAAP and other relevant accounting standards
- Exceptional leadership and interpersonal skills with the ability to communicate effectively across all levels of the organization
- Strong analytical and problem-solving abilities, with a focus on continuous improvement and operational excellence
- High attention to detail and strong organizational skills
- Proficiency in Microsoft Office Suite (especially Excel) and accounting software
Nice to Have:
- CPA preferred
- Experience in healthcare, specifically digital health
- Expertise with Netsuite (including Netsuite inventory module)
- Experience with A/P, Payroll, and Expense platforms such as Tipalti and ADP
- Startup experience
What We Offer:
- 💰 Competitive salary
- ✨ Comprehensive medical, dental, vision, life, and disability benefits
- 📈 401k match
- 📝 Monthly phone and wifi stipend for employees, annual ergonomic stipend
- 🏝 Generous vacation policy, paid holidays and company-wide recharge days
- 🍼 Equal paid parental leave for birthing and non-birthing parents
- Free cancer screening and prevention resources for employees and their adult dependents
Base Salary Range: $170,000 - $220,000
The actual base pay is dependent upon many factors, such as: work experience, market data, skills, geographic location, and business need. The base pay range is subject to change and may be modified in the future. This role may also be eligible for bonus, equity, and benefits.
Color is an equal opportunity and affirmative action employer. In accordance with anti-discrimination law, it is the purpose of this policy to effectuate these principles and mandates. Color prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law. Color conforms to the spirit as well as to the letter of all applicable laws and regulations. We are also committed to providing reasonable accommodations for qualified applicants with disabilities in our recruitment process.