What are the responsibilities and job description for the Controller - Remote position at PayNearMe?
Company Description
PayNearMe develops award-winning technology to facilitate the end-to-end customer payment experience, making it easy for businesses to manage and accept payments. The company enables more ways to pay by offering all major payment types and channels in a single platform. PayNearMe is the technology company that’s changing how payments are made.
We are a diverse and collaborative company that loves to delight its customers (merchants, consumers, etc.) with simple, useful and practical product/service offerings. PayNearMe has over 200 employees, closed a $45M Series D round in June 2023, and is processing over $1B in payments monthly. We’re headquartered in Silicon Valley with our employees distributed all across the US. Help us reimagine payments!
We’re looking to add a dynamic Controller to our PayNearMe team. This position will report to the CFO.
Job Description
What you’ll own and be responsible for:
- Owning timely and accurate financial reporting for a complex, multi-channel, multi-tender type payment business including tight oversight of our regulated FBO accounts.
- Driving timely, efficient and accurate month-end close processes. Reviewing and approving financial statements.
- Partnering with Product, Engineering and Customer service teams to help design, support and implement new Products and Service to our Clients. This includes expanding to new tender types, new verticals, new payments products/flows, or other value-added services.
- Partnering with Product and Engineering teams to develop and optimize our Finance and Accounting systems, reconciliation logic and processes, and invoicing tools and processes.
- Managing the year-end audit and ensuring timely and accurate completion, including the preparation of GAAP financial statements and footnotes
- Quickly identifying, escalating and resolving variances in financial reporting.
- Working closely with cross functional teams within the Company to assess financial impact of new transactions and determine appropriate accounting
- Supporting the company's regulatory compliance by providing financial reports to necessary parties
- Improving financial and operational processes through process redesign, procedures development, and reporting enhancements
- Leading and supporting growth and development of the GL and Reporting team
- Overseeing the accurate completion of payroll and related tax filings for > 30 states
Qualifications
- 10 years’ experience with 2 years in public accounting experience
- 5 years of direct people leadership experience
- 3 years Payments industry experience, ideally across all forms of payments
- Proficient with equity accounting, tax accounting, options expense
- Audit report writing experience
- 409A and Black-Scholes valuations experience
- Subject matter expert on all phases of the close process (including accruals, close and reconciliation process) for payroll, general ledger, and accounts payable
- Experience working with entities with statutory reporting requirements
- Flexible to meet changing priorities and the ability to prioritize workload to achieve on-time accurate results
- Detail-oriented, self-directed, and able to effectively complete tasks with minimal supervision
- Experience with Paycom, Sage Intacct, FloQast, Expensify and bill.com is a plus
- Leadership experience in a fast paced, pre-IPO company is a plus
- Public registrations experience is a plus
Additional Information
Location: Flexible/Remote (within the US)
Salary Range: $225,000 - 245,000 DOE
Great compensation package plus extensive benefits, including:
- Base salary per year (paid semi-monthly)
- Fast- paced and professional work culture
- Stock options with standard startup vesting - 1 year cliff; 4 years total
- $50 monthly communication expense stipend to go towards your phone/internet bill
- $250 stipend to enhance your WFH setup
- Reimbursement for peripheral equipment: monitor (up to $400), keyboard and mouse (up to $200)
- Premium medical benefits including vision and dental (100% coverage for employees)
- Company-sponsored life and disability insurance
- Paid parental bonding leave
- Paid sick leave, jury duty, bereavement
- 401k plan
- Flexible Time Off (our team members typically take off ~3-4 weeks per year)
- Volunteer Time Off
- 13 scheduled holidays
- 2x / year in-person team meet-ups (2-3 days, company paid)
PayNearMe strives to create a workplace where all employees thrive. Our core values represent who we are today and we take pride in the way we work with each other as well as with our stakeholders.
We’re in this together to do the right thing. We deliver real results we are proud of while remaining respectful, transparent, and flexible.
PayNearMe is an equal opportunity employer. We are diligently and thoughtfully working towards cultivating a diverse workforce which in turn, enhances our products and services for the communities we serve. Applicants who represent all backgrounds are strongly encouraged to apply.
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Candidate information will be treated in accordance with our job applicant privacy notice found at: https://home.paynearme.com/ccpa-privacy-notice-jobs-employees/
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