Job Title: SaaS Company Controller
Position Overview: The SaaS Company Controller will be responsible for overseeing all accounting activities, ensuring the integrity of financial information, and supporting strategic financial decisions. The ideal candidate will be a Certified Public Accountant (CPA) with extensive experience in the SaaS industry, including both large accounting firm experience and direct experience within a company. This role requires a seasoned professional with at least 12 years of progressive accounting experience, who can lead a finance team, manage complex financial operations, and drive financial strategy in a fast-paced environment.
Key Responsibilities:
- Financial Reporting & Compliance:
- Oversee the preparation and accuracy of all financial statements, ensuring compliance with US GAAP, regulatory requirements, and internal policies.
- Lead the month-end, quarter-end, and year-end close processes, ensuring timely and accurate reporting.
- Manage the annual audit process, liaising with external auditors and ensuring compliance with all reporting requirements.
- Budgeting & Forecasting:
- Develop and manage annual budgets, forecasts, and financial models to support business planning and decision-making.
- Analyze financial performance against budgets and forecasts, providing insights and recommendations to senior management.
- SaaS-Specific Financial Management:
- Manage and optimize key SaaS metrics, including ARR, MRR, churn, LTV, CAC, and customer retention costs.
- Oversee revenue recognition processes, ensuring compliance with ASC 606 and other relevant standards.
- Implement and manage systems for tracking deferred revenue, renewals, and billing cycles.
- Cash Flow & Treasury Management:
- Monitor and manage cash flow, ensuring adequate liquidity to meet operational needs.
- Develop strategies for optimizing working capital, including accounts receivable, accounts payable, and inventory management.
- Internal Controls & Process Improvement:
- Design and implement effective internal controls to safeguard company assets and ensure the integrity of financial reporting.
- Continuously evaluate and improve accounting processes and systems to enhance efficiency and accuracy.
- Leadership & Team Development:
- Lead, mentor, and develop the accounting team, fostering a culture of continuous improvement and professional growth.
- Collaborate with cross-functional teams, including Finance, Operations, Sales, and IT, to support business initiatives and drive financial performance.
- Strategic Financial Planning:
- Partner with the executive team to develop long-term financial strategies and objectives.
- Provide financial analysis and insights to support M&A activities, investment decisions, and other strategic initiatives.
