Senior Manager, Accounting & Controls

Formic•Chicago, IL

1d•$120,000 - $175,000•Remote

About The Position

As Senior Manager, Accounting & Controls, you will play a key role in strengthening Formic's Accounting foundation during a period of growth. You will focus on projects critical to the success of the business, identify and implement process improvements, and partner across the Finance organization to help elevate accounting operations. As a technical accounting resource and trusted member of the Finance team, you'll help maintain a strong internal control environment while serving as the primary liaison for cross-functional accounting initiatives. Reporting to the Associate Director of Accounting Systems & Financial Operations, you will operate as a senior contributor, partnering closely with Finance leadership to maintain financial discipline while continuously improving how Accounting operates as the business scales.

Requirements

CPA required (active license in good standing)
7–10+ years of progressive accounting experience, including significant tenure at a Top 10 public accounting firm
Senior Manager (or equivalent) level in Audit / Assurance, with demonstrated experience leading audit engagements and managing teams
Deep technical knowledge of US GAAP, with particular strength in revenue recognition and lease accounting
Exceptional analytical, organizational, and project management skills with a strong attention to detail
Small-company, one-team mindset - you enjoy rolling up your sleeves and doing whatever it takes to help the team succeed

Nice To Haves

Prior industry experience in technology, SaaS, or manufacturing
Experience with NetSuite
Experience in a start-up / high-growth or technology-driven company
Experience with multi-entity accounting structures

Responsibilities

Support Formic through its first financial audit, including preparation of audit schedules, account support, reconciliations, and documentation
Own components of the month-end, quarter-end, and year-end close processes, ensuring timely and accurate financial reporting in accordance with US GAAP
Prepare complex technical accounting transactions, including revenue recognition (ASC 606), lease accounting (ASC 842), and equity-based compensation (ASC 718)
Be responsible for the preparation of financial statements, including reviewing supporting schedules and reconciliations for internal stakeholders
Design, implement, and maintain a robust internal control environment, work to anticipate risk areas and build preventive controls
Identify gaps in audit readiness and make practical improvements to documentation, workflows, and recurring support files
Lead the documentation process to develop improved processes and document appropriately
Establish clear workflows and documentation standards for day-to-day accounting operations.
Collaborate closely with the Staff Accountant and broader finance team to ensure alignment and efficiency.
Continually drive forward efforts to shorten the close timeline
Partner with the Associate Director on ERP improvements, system initiatives and accounting automations, providing hands-on input from an accounting operations perspective.
Identify opportunities to automate manual processes (leverage AI) and enhance data accuracy through technology.
Develop and maintain both the documentation and accounting procedures that keep pace and are scalable as the business model evolves

Benefits

Equity in Formic: Participate in our stock option program and share in the success of a fast-growing start-up backed by leading global investors
Competitive & Uncapped Commission Structure: Designed to reward performance and impact in commission-eligible roles
Comprehensive Healthcare Coverage: Medical, dental, and vision insurance through Blue Cross Blue Shield and Unum, with 99% of employee premiums covered and 75% coverage for dependents, with optional buy-up plans available
Additional Insurance Benefits: FSA and DCFSA, life insurance, short-term disability, and long-term disability through Unum, all 100% employer-paid
Employee Assistance Program (EAP): Fully funded by Formic, offering support when you need it most
Paid Parental Leave Program: Up to 12 weeks of paid parental leave
Company-sponsored 401(k): Invest in your future with our company-facilitated retirement savings plan
Home Office Stipend: A one-time allowance for fully remote and hybrid employees to support an at-home or on-the-road work setup
Monthly Cell Phone Reimbursement: Monthly stipend toward personal phone and internet expenses
Flexible Time Off: Take the time you need, when you need it, supported by our flexible PTO policy