Lead the accounting function for a startup, owning monthly, quarterly, and year-end close, GAAP financial reporting, reconciliations, audits, tax compliance, equity administration, internal controls, and accounting systems. The Controller will manage and develop the accounting team, support budgeting and cash forecasting, coordinate with auditors and advisers, and improve scalable processes while supporting fundraising and leadership reporting.
Position Overview
Paradromics is seeking a hands-on Controller to lead the accounting function in Austin, TX. This onsite role, reporting to EVP-Finance, combines accounting leadership with day-to-day execution. The ideal candidate is comfortable reviewing journal entries, resolving reconciliation issues, and preparing GAAP financial statements while improving processes and building an accounting function that can scale with the company.
Prior experience in a fast-paced start-up environment is desired. Public accounting experience is a plus.
Key Responsibilities
- Own the monthly, quarterly, and year-end close processes, ensuring timely, accurate, and complete financial results.
- Prepare financial statements in accordance with U.S. GAAP, together with supporting schedules and management reporting.
- Oversee general ledger accounting, account reconciliations, accruals, prepaid expenses, fixed assets, accounts payable, and payroll-related accounting.
- Analyze financial results against budget and prior periods, identifying key variances and expense trends.
- Support financial reporting for leadership, the board of directors, investors, and fundraising activities.
- Lead coordination of external financial statement audits and serve as the primary accounting contact for auditors.
- Manage stock option administration, including grant records, vesting schedules, exercises, cancellations, and supporting documentation utilizing the Carta stock administration platform.
- Coordinate with legal counsel, HR, external valuation providers, and the equity platform administrator on approved equity activity and valuation support.
- Oversee state and local tax compliance, including applicable registrations, filings, payments, and supporting documentation.
- Maintain compliance calendars and ensure timely completion of required filings.
- Work with external tax advisers on income tax filings and other tax compliance requirements.
- Design, document, and maintain internal controls and approval processes appropriate to the company’s size, resources, and risk profile.
- Lead, coach, and develop the accounting team, setting clear responsibilities, deadlines, and performance expectations.
- Assess staffing needs and support hiring as the company grows.
- Improve accounting systems and support ERP and other business software tool implementations.
- Support cash forecasting, budgeting, and cash runway reporting in partnership with finance leadership.
Required Qualifications
- Bachelor’s degree in accounting or finance.
- 10+ years of accounting experience, including ownership of the close and financial reporting processes and experience managing an accounting team.
- Demonstrated success in a fast-paced start-up environment; experience working with limited resources and evolving priorities is essential.
- Strong working knowledge of U.S. GAAP, financial statement preparation, internal controls, and general ledger accounting.
- Experience with stock option administration and stock-based compensation accounting.
- Experience managing sales and use tax compliance.
- Ability and willingness to perform detailed accounting work while leading the broader function.
- Strong spreadsheet skills and experience with accounting systems and related financial tools.
- Experience supporting external audits, fundraising diligence, and accounting system implementations.
Preferred Qualifications
- CPA designation.
- Public accounting experience.
- Experience in medical devices, biotechnology, life sciences, or another R&D-intensive business.
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