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Senior Director of Accounting

Lilt

Lilt

Accounting & Finance
Indianapolis, IN, USA · Remote
Posted on Sunday, June 9, 2024

About Us

LILT is the leading AI solution for enterprise translations. Our stack made up of our Contextual AI Engine, Connector APIs, and Human Adaptive Feedback enables global organizations to adopt a true AI translation strategy, focusing on business outcomes instead of outputs. With LILT, innovative, category-defining organizations like Intel, ASICS, WalkMe, and Canva are using AI technology to deliver multilingual, digital customer experiences at scale.

While our core AI technology might share similarities with ChatGPT and Google Translate, it's what we do with it that makes LILT truly revolutionary. Our patented Contextual AI Engine goes beyond basic translations, understanding the nuance of our customer's content and target audience to deliver hyper-accurate, business-focused results. Our connector-first approach seamlessly integrates with our customer's existing workflows, and our human-adapted feedback loop ensures continuous improvement, making LILT a constantly evolving AI partner for your global ambitions.

Get the best of both worlds at LILT! Dive into dynamic in-office energy 2 days a week, sparking creativity and forging bonds with your awesome team. Then, seamlessly shift gears and crush your to-do list from the comfort of your home base for the rest of the week. It's the perfect harmony of productivity and personal freedom. Want a peek inside? Visit our Careers page!

The Finance and Accounting Team at LILT

The Finance and Accounting Team is remote but all on the East Coast. The team is led by our CFO/COO and includes this role, Sr. Accountant and Sr. FP&A Manager. The team works closely together to complete day-to-day activities, month-end close responsibilities, and planning analysis. The team thrives on continuous improvement of processes and efficiencies.

Where You’ll Work

This position is based out of the Washington D.C. metropolitan area where you will start as fully remote and then transition to hybrid once an office is opened.

Additional Locations (in order of preference):

  • The Boston metropolitan area (where you would also start full remote and then transition to hybrid once an office is opened)

  • Indianapolis, IN (where you will be expected to work in the office in a hybrid capacity)

  • Fully remote in the US

Authorization to work in the U.S. is a precondition of employment.

What You’ll Do

This role goes beyond ensuring accurate financials. You'll be a key player in identifying and solving complex accounting challenges, driving efficiency, and positioning LILT for a successful IPO. You'll troubleshoot discrepancies, analyze financial data to identify trends and risks, and develop solutions to streamline processes and improve accuracy. You will also be responsible for accurate, timely, and GAAP-compliant financial reporting, implementation, and maintenance of accounting-related systems, and development of policies, procedures, and comprehensive internal controls. You will initially have two direct reports and be expected to build out a high-performing, results-oriented team.

Key Responsibilities:

  • Build and lead a High-Performing/Results-Oriented Accounting Team: Lead and mentor the accounting team in resolving complex accounting issues and ensuring adherence to GAAP. Foster a culture of continuous improvement and problem-solving.

  • Problem-Solving and Analysis:

    • Develop and implement solutions to streamline accounting processes and improve efficiency.

    • Analyze financial data to identify trends, risks, and opportunities for improvement.

    • Investigate and resolve complex accounting discrepancies and issues.

  • Drive Financial Reporting Excellence: Establish accounting policies and procedures that ensure financial statements are prepared in compliance with GAAP.

  • Oversee Financial Processes:

    • Identify and implement strategies to continuously improve the efficiency, accuracy, and consistent delivery of the month-end close process.

    • Oversee transactional accounting activities (accounts payable, receivables, purchasing, accruals, expense reporting, and, as a partner to HR, payroll) with a keen eye for detail.

    • Review and manage the accounting team to ensure the accurate and timely creation of GAAP financial statements and other ad-hoc reporting requests.

    • Lead the financial audit process.

  • Ensure Tax Compliance: Assure tax compliance with accurate and timely completion of all corporate, statutory, income, and indirect tax regulations.

  • IPO Readiness: Partner with the CFO, external auditors, and other stakeholders to create financial records, controls, and processes that position LILT for a successful future IPO.

  • Systems and Technology:

    • Implement and manage all Accounting systems, processes, and tools.

    • Required experience working with an enterprise level GL system; experience working with Netsuite as GL system is a plus.

  • Business Operations: Manage other business requirements such as insurance, licenses, etc.

  • Third-Party Management: Oversee key third party resources, supporting accounting, tax, and compliance-related needs for the business

  • Technical Accounting Expertise: Lead all technical accounting matters with well-documented research and well-written memos

  • Internal Controls & Compliance: Design, implement, maintain, and enforce company policies, processes and internal controls

  • Cross-Functional Collaboration: Act as a key cross-functional business partner preparing ongoing key deliverables and contributing to strategic projects and initiatives as needed

  • Process Improvement: Work with teams across the company to identify, design and implement process improvements

Skills and Experience:

  • Education/License:

    • Degree in Accounting or Business Administration

    • CPA license

  • Experience:

    • Big 4 public accounting/audit firm background

    • 5+ years leading accounting teams at startup companies

    • Preferred:

      • Additional experience at a public company

      • Managing global financial operations (e.g. payroll, taxes, payments, etc.)

  • Skills:

    • Strong problem-solving skills with a proven ability to identify root causes and develop effective solutions.

      • Preferred: Experience with process improvement methodologies like Six Sigma or Lean.

    • Experience working with an enterprise level GL system

      • Preferred: experience working with Netsuite as a GL system

    • Experience in applying critical thinking and analytical skills to resolve complex accounting problems.

    • An entrepreneurial and self-driven mindset, with demonstrated ability to continuously improve

    • Strong organizational, analytical, and project management skills

    • Ability to communicate effectively across diverse teams and geographies with varying levels of financial experience

    • A proven track record of reliability, consistency, and a sharp eye for detail

Our Story

Our founders, Spence and John met at Google working on Google Translate. As researchers at Stanford and Berkeley, they both worked on language technology to make information accessible to everyone. They were amazed to learn that Google Translate wasn’t used for enterprise products and services inside the company and left to start a new company to address this need – LILT.

At its core, LILT has always been a machine learning company since its incorporation on March 6, 2015. At the time, machine translation didn’t meet the quality standard for enterprise translations, so LILT assembled a cutting-edge research team tasked with closing that gap. While meeting customer demand for translation services, LILT has prioritized investments in Large Language Models, believing that this foundation was imperative to the future of enterprise translation.

Benefits:

  • Compensation: At market salary, meaningful equity, 401(k) matching, and flexible time off plus company holidays

  • Medical Benefits: Employees receive coverage of medical, dental, and vision insurance, plus FSA/DFSA, HSA, and Commuter benefits. In addition, LILT pays for basic life insurance, short-term disability, and long-term disability

  • Paid parental leave is provided after 6 months.

  • Monthly lifestyle benefit stipend via the Fringe platform to allow employees to customize benefits to their lifestyle

LILT is an equal opportunity employer. We extend equal opportunity to all individuals without regard to an individual’s race, religion, color, national origin, ancestry, sex, sexual orientation, gender identity, age, physical or mental disability, medical condition, genetic characteristics, veteran or marital status, pregnancy, or any other classification protected by applicable local, state or federal laws. We are committed to the principles of fair employment and the elimination of all discriminatory practices.