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cLabs

Financial Controller

Job Description

Posted on: 
March 19, 2024

At cLabs, our mission is to create financial building blocks that empower everyone in the world to save, spend, and innovate with money. cLabs is a technical powerhouse and product incubator dedicated to the Celo ecosystem.

Celo is a layer one blockchain (in the process of transitioning to becoming a layer two blockchain) that aims to remove the barriers for large-scale adoption of cryptocurrencies as means-of-payment. Using a novel address-based encryption algorithm, the Celo protocol makes sending money as easy as sending a text. Additionally, Celo uses stable-value tokens pegged to fiat currencies, like the US Dollar, to minimize volatility. Celo is an open protocol enabling many to participate in the system, even with a budget Android smartphone.


As a Senior Accountant/Controller at cLabs, you will manage treasury activities and intercompany funding, on-chain and cash transactions, act as an intermediary between the Finance operations and Operations teams, identify finance-related process improvements and potential cost savings, as well as recommend process improvement initiatives. This role is designed to bridge the technical aspects of Finance Operations with the business-oriented focus of Operations.

Responsibilities

  • Manage treasury activities, including on-chain and fiat transactions
  • On-chain transactions: initiating/signing/approving
  • Cash transactions: manage and oversee bank activity including initiating payments and funds transfers
  • Manage intercompany funding
  • Oversee Accounts Payable activities; final approval and payment execution
  • Collaborate with Operations team and Tax Partner for various tax filings in the US and Germany
  • Act as an intermediary between Operations team and Business Operations for knowledge transfer
  • Provide high-level financial reporting overview, including US and GmbH entities
  • Oversee cLabs GmbH activities, review and approve expenses
  • Manage sufficient funding requirements; review monthly payroll, facilitate funding; review and approve monthly Cost Plus calculation
  • Collaborate with cross-functional teams on various topics, including but not limited to employee/payroll related and legal matters
  • Identify finance-related process improvements; recommend process improvement initiatives; Identify potential cost savings
  • Assist with resolving ad-hoc tax related inquiries
  • Ensure employee compliance with company policies and procedures

Requirements

  • Bachelor's degree in accounting or finance required, with 5+ years of accounting experience.
  • Working experience in a small company/start up mentality
  • Excellent communication skills, both written and verbal.
  • Working knowledge of US GAAP.
  • Working knowledge of Google Suite Applications (Gmail, Gsheet, Docs, etc.)
  • Working knowledge of US Payroll.
  • Strong numeracy and analytical skills.
  • Good problem-solving and time management skills.
  • Highly organized and detail-oriented.
  • Familiarity with US corporate tax filings
  • Experience in leading month end and year close activities

Compensation

Not disclosed.

Additional Information

cLabs ("Celo Labs") started Celo in 2017 and is one of many contributors to the open source project Celo. cLabs builds financial technology to enable prosperity of all beings.

To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply and always consider qualified applicants with arrest and conviction records, in accordance with the San Francisco Fair Chance Ordinance.

Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at)celo.org. We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.

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