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About Us
OwnLocal is a fun, focused, rapidly growing startup with a mission to help local media companies survive and grow in the digital age. Based in Austin, TX, OwnLocal is a global leader in providing automated SME focused digital advertising solutions. We partner with 3500+ media companies to power digital services for more than 275,000 local advertisers. We're venture backed by Y-Combinator, 500 Startups, and many other respected SV and ATX investors, we’ve got product market fit, and we’re profitable.
About You
You’re based in Austin or want to move here. You’re excited about working in an open and interactive environment. You’d rather be neck-deep in an Excel spreadsheet than talking about the latest GoT episode with your friends and neighbors. You’re ready to tackle a unique position which offers you a chance to help build our financial team from the ground up. And, you’re desperately looking for a place where you can do the best work of your career.
Pivot tables are your BFF--you live and breath this stuff and you have a genuine desire to handle multiple accounting and financial tasks. You’ve never cooked books for the mob (because of your high moral standards), but your skills and work ethic are strong enough that you could rise to almost any level of financial wizardry.
Our ideal candidate has a bachelor's degree in Accounting or Finance, a CPA even better, and 2-5 years of general accounting experience in the software space. We are looking for someone with strong analytical skills, strong work ethic, acute attention to detail, and a desire to learn and grow.
About the Job
General Accounting
- Prepares asset, liability, and capital account entries by compiling and analyzing account information
- Documents financial transactions by entering account information
- Recommends financial actions by analyzing accounting options
- Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and prepare other reports as requested
- Substantiates financial transactions by auditing documents
- Maintains accounting controls by preparing and recommending policies and procedures
- Reconciles financial discrepancies by collecting and analyzing account information
- Secures financial information by completing data base backups
- Maintains financial security by following internal controls
- Prepares payments by verifying documentation, and requesting disbursements
- Answers accounting procedure questions by researching and interpreting accounting policy and regulations
Bank Management
- Prepare bank reconciliations on a monthly basis during month end close
- Provide bank statements to executive team on an as needed basis
- Manage Wire/ACH transfers outbound and inbound
- Manage relationship with bankers
- Deposit and record all checks that are delivered to office to local bank branch
Finance
- Prepare initial monthly, quarterly, and annual financial statements for management review
- Keep up to date financial budgets based on prior months results
- Be the liaison for the Company and the convertible note holders
- Manage all employee equity which includes common stock, stock options, etc. through equity software
- Manage all outside investments and notes
- Be the liaison for the Company and all outside financing companies (loans)
- Assist with Board of Directors relations
- Assist with Investor relations
- Stock Option Plan management
- Stock Certificates management
- Employee option exercise documentation and management
- Responsible for all corporate credit cards being issued, as well as integration between expense management software and accounting software
Payroll
- Run payroll on a semi-monthly basis using payroll software (Gusto)
- Responsible for all contractor payments which happen on a bi-weekly, semi-monthly, and monthly time frame
- Manage employee expense reimbursements and off-cycle payrolls for new hires and ex-employees
- Manage payroll filings every quarter
- Send 1099’s for contractors and vendors annually
- Send W2’s for all current and past employees annually
Additional Experience Requirements
- Experience Accounting for $20MM + sized companies with multiple complex revenue channels in the technology space
- Experience with Accounting systems such as Intacct and Quickbooks
- Experience in Budgeting and creating Financial Models
- Deep experience with Microsoft Excel and working knowledge of Google suite is a must
- Experience with start to finish accounting processes
- Experience in handling A/R and A/P processes
- Experience organizing large, detail-oriented tasks/projects
- Experience in a fast-paced, high-pressure environment
Position reports directly to the CFO and works closely with CEO and CRO.
Competitive compensation DOE
We’re looking to fill this role immediately