Controller
1 week ago
**Controller**
- This is a remote position based in the United States; the incumbent will work in the Eastern Time Zone
- Compensation Program:
- Base salary Range: $115,000.00 - $165,000.00 (less applicable deductions)
- Annual performance bonus
- Participation in the company’s employee share option program (ESOP)
- Unlimited PTO
- 401(k) program with up to 4% company-matching
- Robust health insurance plan; effective the 1st day of employment
- This position will require mínimal domestic travel
- The estimated start date of this position is July or August of 2024
**Company Overview**
Liberation Labs is developing a global network of fit-for-purpose precision fermentation manufacturing facilities. We build the critical infrastructure needed to produce novel bioproducts at a scale and a cost structure that enables the broader precision fermentation market. Together with our customers and partners, we use our innovative thinking and passion for manufacturing to make everyday products more affordable and more accessible. We believe that precision fermentation can unlock solutions that have real and lasting impact on the future of sustainability. **_Our first facility in Richmond, Indiana is currently under construction with an anticipated start-up in Q4 of 2024._**
**Our Purpose**: Unlock the promise of biotech by commercializing the foods, materials, and other bioproducts of the future - today.
**Our Vision**: Become the preferred creation partner for the biology revolution trusted to deliver and constantly advance the manufacturing processes of the industry.
**Our Mission**: Design, build and operate a purpose-built precision fermentation platform with global reach so that visionaries can be entirely focused on advancing the potential of biology.
**What we offer**:
Liberation Labs is committed to providing exciting career and growth opportunities in an environment that values trust, respect, openness, teamwork, creativity, enthusiasm, and diligence. We strive to create a culture where everyone feels they have an equal opportunity to reach their potential and is accepted and appreciated for who they are and what they bring to Liberation Labs.
Liberation Labs provides competitive compensation, generous PTO, and comprehensive health benefits including medical, dental, vision, and life insurance, paid parental leave, and more. Employees participate in the company’s success through annual performance compensation incentives as well as the ESOP (employee share option program).
**Position Overview**:
Reporting to the CFO, the Controller will help build a high-performing accounting and finance organization with best-in-class controls and processes to support the company’s growth while enhancing profitability and ensuring liquidity and financial stability. The Controller will manage monthly GAAP financial reporting, investor reporting requirements, BvA analyses, annual budget, monthly forecast and cash planning. Initially, the incumbent will work closely with the CFO and will eventually assist in building a small finance team.
**Duties and Responsibilities**:
- Participate in organizational financial planning and risk management.
- Oversee and maintain the general ledger and accounting functions and systems, ensuring compliance with appropriate GAAP standards and regulatory requirements while maintaining accurate financial accounts, including:
- Manage the month-end closing process and ensure all balance sheet accounts are reconciled monthly in a timely manner.
- Prepare, analyze, and submit monthly, quarterly, and annual financial reports to management.
- Assist the CFO with investor-facing and Board communications.
- Maintain accounting systems access controls and ensure control of confidential and proprietary information.
- Manage invoicing, accounts receivable, accounts payable, payroll preparation and submission. Processes all vendor payments.
- Conduct review, reimbursement, and reconciliation of all Expensify expense reports.
- Work with BDs to manage annual departmental budgets and forecasts.
- Work with the CFO to manage the coordination and completion of annual financial audits.
- Coordinate with tax accountant on annual tax returns.
- Analyze operational and financial data, investigate variances, identify business drivers, and evaluate their impact on planned objectives.
- Interface with budget holders in providing budget reports and forecasts monthly; serve as a financial business partner to operational leaders.
- Support the CFO in the development of a 5-year financial and strategic roadmap, focusing on forecasts, organizational build-out, cost roadmap and execution requirements of potential new acquisitions/initiatives.
- Assess internal control risks and recommend control activities to mitigate company risks.
- Support the development and implementation accounting processes and support improvements to accounting systems that allow company to scale.
- Support the CFO with overall fin
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