Financial Controller
2 weeks ago
Conduct the financial accounting and reporting of rapidly growing startup.
DescriptionLocation: San Francisco, CA or Houston, TX (hybrid workplace)
About Vaulted
Vaulted is an emerging leader in permanent carbon removal. As a Biomass Carbon Removal and Storage (BiCRS) solution, Vaulted delivers permanent, high quality carbon removal at scale through the geologic sequestration of carbon-filled organic waste.
Vaulted’s approach is designed to be the lowest cost, gigaton scale, permanent carbon removal. We sequester sludgy organic wastes (biosolids, manure, agricultural, food waste, paper sludge, etc.) that today are sent to a landfill, dumped into an ocean/river, land applied, or otherwise left to decompose, releasing Green House Gases (GHGs) into the atmosphere. Vaulted leverages a suite of patented, mature, geologic slurry sequestration technologies which allow us to sequester organic waste with minimal processing. We inject deep under the earth’s surface, where the carbon is permanently trapped under a layer of impermeable rock - the same formations that have kept hydrocarbons underground for millions of years. We have two permitted operational facilities allowing us to reach near-term meaningful scale.
Our carbon removal goes beyond vaulting carbon - it improves local environmental and human health. Our operations redress historically unjust waste management practices and advance environmental justice.
Vaulted is backed by leading carbon removal and climate investors, including Lowercarbon Capital, Earthshot Ventures, and WovenEarth Ventures.
About the Role
At Vaulted, we have an aggressive plan to rapidly grow our company’s financial operations and subsequent climate impact. As the Financial Controller you will support leadership in the company’s financial accounting and reporting. Responsibilities include (but are not limited to):
- Financial reporting and accounting: managing the company’s day-to-day accounting operations and financial reporting. Prepare and publish timely financial statements to internal and external stakeholders. Meticulously ensure accuracy and (high) quality of the company’s financial reporting. Manage month-end and year-end closing processes.
- Budgeting and forecasting: help leadership to develop and lead the company’s budgeting and forecasting process. Track the company’s performance against budgeted targets and forecast financials.
- Financial planning and analysis: develop and implement financial models to help forecast future financial performance and provide insights into financial implications of various business decisions.
- Cash flow management: monitor cash flow and manage company-wide budgets. Monitor regular transactions, investments, accounts, and business deals. Conduct regular audits of expenditures, assets, and liabilities.
- Internal control maintenance: regularly operate the company’s financial software systems (i.e., QuickBooks). Monitor financial policies and procedures throughout the company. Ensure compliance with U.S. GAAP and other regulatory requirements.
- Financial data analysis and research: gather financial data for analysis, forecasting, and other trends to inform business decisions. Conduct market research to optimize the company’s budgeting and financial practices.
- Regulatory compliance: ensure that the company’s financial records and reports comply with U.S. GAAP, tax laws, and other relevant financial regulations.
- Financial stakeholder management: managing relationships with financial entities, auditors, and other key stakeholders. Act as a liaison with auditors and other external stakeholders.
What You Will Bring
To succeed in this role, and to help the company to succeed in our mission, the Financial Controller must be highly detailed-oriented with a commitment to executing the accounting processes and financial reporting of a young startup. They must also thrive in a fast-paced startup environment with a growing team of ever-changing needs. In addition, we seek a candidate with:
- A Bachelor’s degree in finance, accounting, business administration, or a related field.
- 5+ years of experience working as a financial/business controller and operating ERP software and technology (especially QuickBooks).
- CPA certification.
- A strong understanding of accounting principles, standards (i.e., GAAP, IFRS) and practices.
- Proficiency in Excel and data analysis.
- Extensive knowledge of financial and accounting regulation and policy. An ability to evaluate and align Vaulted’s financial operations with corresponding law.
- A firm grasp on business/industry financial trends (especially within startups) coupled with continuous market research to optimize the accounting systems and processes that are utilized at Vaulted, especially as the company grows.
- Excellent interpersonal and communication skills in written and spoken English. Ability to communicate effectively with a variety of employees (and external stakeholders) in a young and diverse company.
- Strong attention to detail and accuracy with adaptability in an ever-changing startup environment.
- Passion for and commitment to sustainability and the work of climate change mitigation. Knowledge of carbon removal is helpful, but not necessary.
This is a unique opportunity to work in a fast-paced and rewarding environment where your contributions will directly lead to mitigating, and eventually reversing, the worst impacts of climate change.
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