Corporate Controller

Karman Industries•Los Angeles, CA
•$220,000 - $270,000•Onsite

About The Position

Karman Industries is seeking a hands-on Controller to lead and build the company’s accounting organization as it transitions from research and development and prototype activity into volume production. Reporting to the CFO, the Controller will own the integrity of the company’s financial statements, accounting operations, close and reporting processes, accounting policies, internal controls, and audit readiness. The role includes bringing key accounting activities in-house from an outsourced accounting team, developing the accounting organization, and establishing systems and processes to support manufacturing scale. The position is on-site and has no travel requirements.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related discipline.
  • At least 10 years of progressive accounting experience, including leadership responsibility for close, financial reporting, and accounting operations.
  • CPA license.
  • Strong technical knowledge of GAAP and demonstrated ability to apply accounting guidance to complex business transactions.
  • Experience building, managing, and developing accounting teams.
  • Experience owning external audits and working directly with auditors, tax advisors, and other external service providers.
  • Experience with ERP or accounting systems and demonstrated ability to improve or implement accounting systems and processes.
  • Strong leadership, communication, and cross-functional partnership skills, with the ability to operate at both strategic and detailed levels.
  • Comfort operating in a fast-paced, high-growth environment and building processes where limited infrastructure exists.

Nice To Haves

  • Big Four public accounting experience.
  • Controller or senior accounting leadership experience in a high-growth manufacturing, hardware, aerospace, industrial, or other inventory-intensive company.
  • Experience scaling an accounting organization from an outsourced or early-stage model to a fully internal function.
  • Deep experience with inventory and cost accounting in a manufacturing environment.
  • Experience with project accounting, revenue recognition, and accounting for long-term or complex customer arrangements.
  • Experience implementing NetSuite or another ERP in a scaling manufacturing organization.
  • Experience supporting venture-backed companies through significant fundraising, rapid growth, and increasing audit and reporting requirements.
  • Advanced Excel skills and strong financial systems and data orientation.

Responsibilities

  • Lead accounting operations, including general ledger, accounts payable, accounts receivable, payroll accounting, fixed assets, inventory and cost accounting, project accounting, revenue recognition, and financial reporting.
  • Own the monthly, quarterly, and annual close process and ensure financial statements are accurate, timely, GAAP-compliant, and supported by robust review and reconciliation processes.
  • Build and lead the internal accounting team, defining roles, responsibilities, review structures, and development plans.
  • Transition accounting activities from the outsourced accounting team to an appropriately staffed internal function.
  • Establish scalable accounting policies, procedures, close calendars, documentation standards, and internal controls.
  • Develop manufacturing and inventory accounting infrastructure for volume production, including inventory valuation, cost accounting, work in process, overhead allocation, cost of goods sold, reserves, and related controls.
  • Oversee project accounting and customer-related accounting matters, including cost tracking, revenue recognition, contract considerations, and budget-to-actual reporting.
  • Provide technical accounting leadership on complex or emerging matters and document accounting conclusions and policies as needed.
  • Partner with the CFO on financial reporting, board and investor reporting, forecasting inputs, cash management, and strategic finance initiatives.
  • Partner with Supply Chain, Manufacturing, Engineering, Operations, People, and other functions to scale financial processes and controls.
  • Lead ERP and accounting system strategy and implementation from an accounting perspective, including process design, chart of accounts, data migration, testing, integrations, and reporting.
  • Own the annual financial statement audit and coordinate tax, compliance, and other external accounting requirements with outside advisors.
  • Drive continuous improvement, automation, and standardization across accounting and finance processes while maintaining a strong control environment.
  • Develop reporting and analysis to improve visibility into operating performance, manufacturing costs, working capital, and financial risks.
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