Job Description
Job Title: SaaS Company Controller
The SaaS Company Controller will be responsible for overseeing all accounting activities, ensuring the integrity of financial information, and supporting strategic financial decisions. The ideal candidate will be a Certified Public Accountant (CPA) with extensive experience in the SaaS industry, including both large accounting firm experience and direct experience within a company. This role requires a seasoned professional with at least 12 years of progressive accounting experience, who can lead a finance team, manage complex financial operations, and drive financial strategy in a fast-paced environment.
Key Responsibilities:
- Financial Reporting & Compliance:
- Oversee the preparation and accuracy of all financial statements, ensuring compliance with US GAAP, regulatory requirements, and internal policies.
- Lead the month-end, quarter-end, and year-end close processes, ensuring timely and accurate reporting.
- Manage the annual audit process, liaising with external auditors and ensuring compliance with all reporting requirements.
- Budgeting & Forecasting:
- Develop and manage annual budgets, forecasts, and financial models to support business planning and decision-making.
- Analyze financial performance against budgets and forecasts, providing insights and recommendations to senior management.
- SaaS-Specific Financial Management:
- Manage and optimize key SaaS metrics, including ARR, MRR, churn, LTV, CAC, and customer retention costs.
- Oversee revenue recognition processes, ensuring compliance with ASC 606 and other relevant standards.
- Implement and manage systems for tracking deferred revenue, renewals, and billing cycles.
- Cash Flow & Treasury Management:
- Monitor and manage cash flow, ensuring adequate liquidity to meet operational needs.
- Develop strategies for optimizing working capital, including accounts receivable, accounts payable, and inventory management.
- Internal Controls & Process Improvement:
- Design and implement effective internal controls to safeguard company assets and ensure the integrity of financial reporting.
- Continuously evaluate and improve accounting processes and systems to enhance efficiency and accuracy.
- Leadership & Team Development:
- Lead, mentor, and develop the accounting team, fostering a culture of continuous improvement and professional growth.
- Collaborate with cross-functional teams, including Finance, Operations, Sales, and IT, to support business initiatives and drive financial performance.
- Strategic Financial Planning:
- Partner with the executive team to develop long-term financial strategies and objectives.
- Provide financial analysis and insights to support M&A activities, investment decisions, and other strategic initiatives.
Requirements
Qualifications:
- Certified Public Accountant (CPA) designation is required.
- 12+ years of progressive accounting experience, with significant experience in the SaaS industry.
- Experience in both large accounting firms and direct roles within SaaS companies is strongly preferred.
- In-depth knowledge of SaaS business models, revenue recognition (ASC 606), and SaaS-specific financial metrics.
- Strong understanding of GAAP, financial reporting, and internal controls.
- Proven experience in managing complex financial operations, including budgeting, forecasting, and cash flow management.
- Excellent leadership skills with the ability to mentor and develop a high-performing team.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams.
- Proficiency in financial software and ERP systems (e.g., NetSuite, SAP, QuickBooks).
- Experience with M&A and other strategic financial activities is a plus.
