Senior Manager, Accounting & Controls

About the role: 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. In this role you will: Financial Reporting & Technical Accounting 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 Controls and Compliance 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. Systems & Process Improvement 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 What Makes You a Great Fit: Required 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 Preferred 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 Our Total Rewards: At Formic, we believe people do their best work when they feel supported both professionally and personally. That’s why we offer a comprehensive benefits and perks package for full-time, U.S.-based team members, including: 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 Compensation Philosophy Formic’s pay and equity packages are thoughtfully benchmarked against peer companies at a similar growth stage. Equity represents a meaningful part of our mutual investment: when Formic succeeds, so do you. Final offers are customized based on experience, geographic location, market considerations, and a candidate’s preferred balance of cash and equity. Our goal is to attract and reward top talent who will have significant impact, and we are open to thoughtful discussions to align on the right structure. Compensation Range: $140,000 — $200,000 USD What we look for: We’re building this company from the ground up, and every person we hire has an outsized impact on our culture, performance, and trajectory. While each team member brings unique strengths and perspectives, we look for people who align with our Operating Principles and embody them in action. If this sounds like you, Formic may be the right place for you! Fearless Optimism: You make bold bets and default optimistic. You believe in the mission, aren’t paralyzed by ris