CFO Associate

Augustus•New York, NY

5d•$150,000 - $180,000

About The Position

As CFO Associate at Augustus, you will report to the CFO and work across the finance function of a bank, including accounts payable and receivable, budgeting and forecasting, monthly close and general ledger, board and committee reporting, investor and regulatory reporting, and financial audit. The finance function is designed to be lean and system-driven, with a focus on building processes that reduce or eliminate manual work. You will first take over day-to-day finance operations, then improve and automate the processes you run. During the first two months, you will manage AP and AR and participate in the monthly close. In months three and four, you will develop AI-supported workflows, design reconciliations, and contribute to a board pack. In months five and six, you will own projects from initial design through implementation. After six months, you will support growth through financial analysis of new products and geographies and develop straight-through processes for related workflows. The role offers broad exposure to the finance organization and is intended for someone who wants to develop toward a future CFO role.

Requirements

At least 2 years of experience in investment banking, finance, or accounting at a bank, fintech, high-growth startup, or in audit.
Hands-on accounting fundamentals, including experience with a monthly close, ability to read a general ledger, and ability to trace a reconciling item to its root cause.
Use AI tools in daily work and be able to demonstrate manual work they have replaced.
Be based in New York or Berlin, or be willing to relocate.

Responsibilities

Run accounts payable end-to-end, including setting up vendors, reviewing bills generated by automated workflows, resolving missing payment accounts and legal entities, and coaching colleagues on the process.
Run accounts receivable.
Participate in the monthly close, review system-generated reconciliations, and trace out-of-balance items to their root causes.
Identify process breakdowns and opportunities to eliminate manual work.
Turn manually executed workflows into AI-supported processes.
Design reconciliations that are not yet in place.
Contribute to board reporting, including financial statements, variance analysis, and forecasts.
Own initiatives from initial design through implementation as running processes.
Support financial analysis of new products and geographies.
Build straight-through processes for workflows related to new products and geographies.
Work across budgeting and forecasting, the general ledger, investor and regulatory reporting, and financial audit.