Senior Manager, Accounting & Controls
Formic provides full-service, robotics-as-a-service automation for U.S. manufacturers, including deployment, operation, monitoring, and maintenance of industrial robotic systems without upfront capital investment.
About Formic
Formic Technologies, Inc. is a Bolingbrook, Illinois-based industrial automation company founded in 2020. Its Full Service Automation offering deploys and operates robotic systems for manufacturing tasks such as palletizing, case packing, machine tending, pallet wrapping, and material movement. Its current platform combines Formic Core, an on-robot physical-AI execution layer, with Cortex, a fleet-level intelligence and operations layer.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
Formic is seeking a Senior Manager, Accounting & Controls to strengthen its accounting foundation during a period of growth. The role owns key close and reporting activities, supports the company's first financial audit, manages technical accounting matters, develops internal controls, and partners on ERP improvements and automation.
Requirements
- Active CPA 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 experience in Audit or Assurance, including leading audit engagements and managing teams.
- Deep technical knowledge of US GAAP, especially revenue recognition and lease accounting.
- Exceptional analytical, organizational, and project management skills with strong attention to detail.
- Small-company, one-team mindset and willingness to contribute hands-on.
- Prior experience in technology, SaaS, or manufacturing is preferred.
- Experience with NetSuite is preferred.
- Start-up, high-growth, technology-driven company, or multi-entity accounting experience is preferred.
Responsibilities
- Support Formic through its first financial audit by preparing audit schedules, account support, reconciliations, and documentation.
- Own components of the month-end, quarter-end, and year-end close processes in accordance with US GAAP.
- Prepare complex technical accounting transactions, including revenue recognition, lease accounting, and equity-based compensation.
- Prepare financial statements and review supporting schedules and reconciliations.
- Design, implement, and maintain the internal control environment and improve audit readiness.
- Document accounting processes, workflows, and operating standards.
- Collaborate with the Staff Accountant and broader Finance team.
- Drive efforts to shorten the close timeline.
- Partner on ERP improvements, system initiatives, and accounting automations.
- Identify opportunities to automate manual processes and improve data accuracy.
- Develop scalable accounting documentation and procedures.
Benefits
- Stock option program.
- Healthcare coverage with medical, dental, and vision insurance.
- 99% employee premium coverage and 75% dependent coverage, with optional buy-up plans.
- FSA, DCFSA, life insurance, and short- and long-term disability benefits.
- Employer-funded Employee Assistance Program.
- Up to 12 weeks of paid parental leave.
- Company-sponsored 401(k).
- Home office stipend for fully remote and hybrid employees.
- Monthly cell phone and internet reimbursement.
- Flexible paid time off.