hero

Investing in visionary founders, transformational technology and emergent ecosystems for a new world.

Innovation Endeavors
Innovation Endeavors
71
companies
642
Jobs

Assistant Controller

Claroty

Claroty

Accounting & Finance
United States
Posted on Wednesday, July 3, 2024

Description

Claroty empowers the world's largest enterprises to secure their cyber-physical systems across industrial (OT), healthcare (IoMT), and enterprise (IoT) environments: the Extended Internet of Things (XIoT). The Claroty Platform integrates with customers’ existing infrastructure to provide a full range of controls for visibility, risk and vulnerability management, threat detection, and secure remote access. Our platform is deployed by hundreds of organizations at thousands of sites across all seven continents.

Launched by the famed Team8 foundry in 2015, Claroty is headquartered in New York City, with employees across the Americas, Europe, Asia-Pacific, and Tel Aviv.

Claroty is the most well-funded cyber-physical systems security company, having raised over $635 million through the end of 2023 from leading venture capital firms including SoftBank, Bessemer Venture Partners, Temasek, Team8, Standard Investments, Rockwell Automation, Schneider Electric, and others. In March 2024, the company secured an additional $100 million in strategic growth financing, with participation from Delta-v Capital, AllianceBernstein, Toshiba, and others.

At Claroty, we are looking to hire individuals who embody our core values: People First, Customer Obsession, Strive for Excellence, and Integrity.

We always search for energetic people who will get excited about these values and make a difference.

Responsibilities

As an Assistant Controller at Claroty, you will play a key role in supporting the finance team in maintaining accurate financial records, ensuring compliance with regulations, and contributing to the organization's overall financial health. This position offers an excellent professional growth and development opportunity within a dynamic and fast-paced environment.

**This role is Hybrid and requires 2 days in our NYC office**

Key Responsibilities:

Financial Reporting:

  • Support month-end, quarterly, and year-end closing processes.
  • Ensure the preparation of accurate and timely financial statements.
  • Assisted with analysis of the company results and provided insights and recommendations for corrective actions as needed.

General Ledger Management:

  • Maintain and reconcile general ledger accounts.
  • Ensure accuracy in coding and classification of financial transactions.

Compliance and Regulation:

  • Stay current on relevant accounting principles, regulations, and industry trends.
  • Assist in the preparation of audits, working closely with external auditors.
  • Assisted in the preparation of income tax filing for the states and federal government.
  • Support with tax Ed-Hoc compliances from the states and federal.
  • Review the company sales tax, B&O, etc.

Process Improvement:

  • Identify opportunities for process improvements and efficiencies within the finance department.
  • Participate in the implementation of new financial systems or tools.

Cross-Functional Collaboration:

  • Collaborate with other departments to gather financial information and support decision-making.
  • Work closely with the Finance Manager and other finance team members to achieve departmental goals.

Cash Flow Management:

  • Help with collection efforts and collection forecasts.
  • Assist in monitoring and managing cash flow to ensure liquidity and financial stability.
  • Collaborate with the treasury HQ to optimize cash management processes.

Ad Hoc Analysis:

  • Conduct ad hoc financial analysis as requested by management.
  • Assisted with ad hoc projects to implement tools and enhancement processes.

Requirements

  • Bachelor’s degree in finance, Accounting, or a related field (CPA certified).
  • Graduated from one of the Big 4 accounting firms.
  • Knowledge of accounting principles (ASC 606), and financial reporting (US-GAAP).
  • Proficiency in Microsoft Excel and other financial software.
  • Strong attention to detail and analytical skills.
  • Ability to thrive in a fast-paced and dynamic work environment.
  • Proactive and self-motivated with a demonstrated ability to work independently.

Preferred Qualifications:

  • Experience in the SaaS or high-tech industry.
  • Knowledge of NetSuite ERP.
  • Experience with IPO readiness.

Expected compensation for the role is between $110K - $150K. This is a good faith estimate but does not include equity, bonus, or other forms of payment. Pay will be by experience level, but those outside the salary band are welcome to apply.

Claroty is an equal-opportunity employer committed to fostering a diverse and inclusive work environment for all. We encourage applications from candidates of ALL diverse backgrounds, and special accommodations are available upon request in all selection phases.

Please see our “Candidate Privacy Notice” here.