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Controller

Reka's mission is to build useful multimodal artificial intelligence and use it to empower organizations and businesses. We are a globally distributed foundation model startup headquartered in the San Francisco Bay Area, California. Embracing a remote-first approach, our team brings together top talent from around the world. Our founding team, along with many of our team members, has contributed to many of the breakthroughs in AI over the past decade.

We are seeking an experienced Controller to oversee and manage our accounting operations, ensuring accurate reporting, compliance, and strategic financial management for a fast growing business. This is a senior-level role, ideal for a CPA with a strong background in accounting and operational finance. You will be working directly with the Company’s management on tracking company performance, strategic initiatives and financial planning. 

Key Responsibilities:

  • Oversee and manage accounting activities for our US parent company and foreign subsidiaries, including payables, receivables and payroll.

  • Oversee financial reporting, including consolidated monthly, quarterly, and annual financial statements in compliance with relevant accounting standards  for both internal management and external stakeholders.

  • Provide accounting guidance on key business decisions, including revenue recognition, expense capitalization, and inter-company reconciliation.

  • Coordinate with external tax providers to ensure timely compliance with U.S. and foreign tax filing requirements, including corporate income and sales taxes. 

  • Maintain relationships with banks to manage cash flow, liquidity, and treasury functions.

  • Develop, maintain, and refine cash flow models and financial forecasts, providing actionable insights to support strategic decision-making. 

  • Oversee equity management and capitalization table administration, ensuring accurate recording and reporting of stockholder activities.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field (CPA strongly preferred).

  • 8+ years of experience in accounting or finance roles, preferably in startups or high-growth environments.

  • Strong knowledge of GAAP, consolidation, and reporting standards.

  • Experience with multi-entity international structures preferred.

  • Proactive problem-solving abilities and excellent attention to detail.

Why Reka?

  • Opportunity to work with a collaborative mission-driven team on cutting-edge AI technology.

  • Open and inclusive work environment.

  • 4 weeks paid leave.

  • Visa support (such as H1B and OPT transfer for US Employees).

  • Healthcare benefits, including vision and dental.

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CEO of Reka
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Peter Hasler
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Average salary estimate

$135000 / YEARLY (est.)
min
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$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Controller, Reka

At Reka, we're on a mission to revolutionize the world of artificial intelligence, and we are looking for an experienced Controller to join our dynamic team. As a globally distributed foundation model startup based in the vibrant San Francisco Bay Area, we pride ourselves on embracing a remote-first culture that allows us to bring together top-tier talent from around the globe. In this crucial role, you'll oversee and manage our accounting operations, ensuring accuracy and compliance while driving strategic financial management in our fast-growing business. If you're a CPA with at least 8 years of experience, particularly within startups or high-growth environments, this position offers you the opportunity to collaborate closely with our management team, tracking company performance and guiding key business decisions. From financial reporting to tax compliance and cash flow management, you will play an essential part in shaping Reka’s financial strategies. You'll have the chance to develop cash flow models, oversee equity management, and lead accounting activities for both our US parent company and foreign subsidiaries. Working with Reka means more than just a job; you’ll be part of a mission-driven team that values inclusivity and innovation. Plus, we offer amazing perks like four weeks of paid leave and comprehensive healthcare benefits, including vision and dental. If you're ready to make an impact in the AI space, we can't wait to hear from you!

Frequently Asked Questions (FAQs) for Controller Role at Reka
What responsibilities does a Controller at Reka have?

As a Controller at Reka, you will oversee accounting activities, including managing payables, receivables, and payroll. You will be responsible for financial reporting, ensuring compliance with accounting standards, and providing guidance on revenue recognition and expense capitalization. This role involves coordination with external tax providers for compliance with tax filing requirements and maintaining relationships with banks to manage cash flow.

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What qualifications are required for a Controller at Reka?

To apply for the Controller position at Reka, candidates should possess a Bachelor’s degree in Accounting, Finance, or a related field, with a CPA certification strongly preferred. Additionally, you should have over 8 years of experience in accounting or finance roles, ideally in startup environments, along with a strong understanding of GAAP and reporting standards.

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Why should I consider the Controller position at Reka?

The Controller role at Reka presents an exciting opportunity to work alongside a mission-driven team on cutting-edge AI technology. You will play a key role in shaping financial strategies and decision-making in an inclusive and dynamic environment. Plus, you'll enjoy benefits such as four weeks of paid leave and visa support.

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What is the work environment like for a Controller at Reka?

Reka offers a remote-first work environment that fosters collaboration and inclusivity. As a Controller, you will work with a diverse team from various locations, all united by a common mission to empower organizations through AI technology. This flexibility provides a great work-life balance while still being part of an innovative team.

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What type of experience is beneficial for the Controller role at Reka?

Experience in startups or high-growth environments is particularly advantageous for the Controller position at Reka. Familiarity with multi-entity international structures and a proactive problem-solving approach will also be beneficial, given the dynamic nature of our financial operations and decision-making.

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Common Interview Questions for Controller
How do you ensure compliance with accounting standards as a Controller?

To ensure compliance with accounting standards, I regularly review financial reporting processes, implement internal controls, and stay updated on changes in GAAP. I also facilitate ongoing training for the accounting team to ensure everyone adheres to best practices.

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Can you describe your experience with financial reporting?

In my previous roles, I have managed the preparation of consolidated financial statements, quarterly and annual reports, ensuring compliance with relevant accounting standards. I focus on transparency and clarity to provide stakeholders with actionable insights.

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How do you manage relationships with external tax providers?

I prioritize clear communication and establish strong working relationships with external tax providers by coordinating to ensure timely compliance with tax filing requirements. Regular check-ins help address any potential issues proactively.

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What strategies do you use for cash flow management?

I develop detailed cash flow models that forecast future cash flows based on operational activities. Regular monitoring of liquidity positions and maintaining relationships with banks helps ensure we can meet our obligations.

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Describe your approach to equity management.

My approach to equity management involves a thorough understanding of the capitalization table and timely updates to ensure accurate reporting of stockholder activities. I work closely with stakeholders to align financial strategies with organizational goals.

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How do you handle discrepancies in financial data?

When discrepancies arise, I conduct a detailed review of the data involved, investigating each aspect to identify the source of the issue. Clear documentation and collaboration with team members help resolve discrepancies effectively.

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What tools or software do you prefer for accounting tasks?

I prefer using cloud-based accounting software that allows real-time collaboration and reporting. Familiarity with tools like QuickBooks or NetSuite has also helped streamline the accounting processes in my previous roles.

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How do you approach strategic financial planning?

Strategic financial planning involves close collaboration with management to align financial goals with overall business strategy. I utilize historical performance data and market analysis to develop financial forecasts that inform future initiatives.

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Can you give an example of how you contributed to cost savings in a previous role?

In a previous position, I conducted a comprehensive review of operational expenses, identifying areas where efficiencies could be gained. By renegotiating supplier contracts and optimizing resource allocation, we achieved significant cost savings.

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What motivates you in a Controller position?

I am motivated by the opportunity to contribute strategically to an organization’s growth and success. Working with a mission-driven team like Reka, especially in the exciting field of AI, inspires me to bring my best financial stewardship to the role.

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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 19, 2024

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