Senior Manager, Accounting & Controls

Who we are:

Formic is on a mission to reshape American manufacturing by making automation accessible to every factory. As labor constraints rise costs increase and global competition intensifies automation is no longer optional for manufacturers that want to stay competitive.

We deliver automation through a Robotics-as-a-Service model that combines industrial robotics proprietary software and full-service support into a single integrated solution. By removing the traditional barriers of cost complexity and risk we enable manufacturers to deploy automation quickly and realize measurable gains in throughput safety and operational efficiency without large upfront capital investment.

Backed by leading investors including Lux Capital Initialized Capital Blackhorn Ventures and Mitsubishi HC Capital North America Formic is scaling rapidly and building the foundation for a new era of high-performance Made in America production.

About the team:
Formics Finance team enables disciplined growth across our Robotics-as-a-Service platform. The team oversees capital strategy treasury credit financial operations compliance accounting and investor engagement. As Formic scales nationally Finance ensures capital is deployed intelligently portfolio performance remains strong and the company maintains long-term financial resilience.

Finance operates at the center of strategy and execution. It connects operational performance to capital markets aligns deployment velocity with balance sheet strength and supports executive decision-making with rigorous financial insight.

About the role:

As Senior Manager Accounting & Controls you will play a key role in strengthening Formics Accounting foundation during a period of growth. You will focus on projects critical to the success of the business identify and implement process improvements and partner across the Finance organization to help elevate accounting operations. As a technical accounting resource and trusted member of the Finance team youll help maintain a strong internal control environment while serving as the primary liaison for cross-functional accounting initiatives.

Reporting to the Associate Director of Accounting Systems & Financial Operations you will operate as a senior contributor partnering closely with Finance leadership to maintain financial discipline while continuously improving how Accounting operates as the business scales.

In this role you will:

Financial Reporting & Technical Accounting

• Support Formic through its first financial audit including preparation of audit schedules account support reconciliations and documentation
• Own components of the month-end quarter-end and year-end close processes ensuring timely and accurate financial reporting in accordance with US GAAP
• Prepare complex technical accounting transactions including revenue recognition (ASC 606) lease accounting (ASC 842) and equity-based compensation (ASC 718)
• Be responsible for the preparation of financial statements including reviewing supporting schedules and reconciliations for internal stakeholders

Controls and Compliance

• Design implement and maintain a robust internal control environment work to anticipate risk areas and build preventive controls
• Identify gaps in audit readiness and make practical improvements to documentation workflows and recurring support files
• Lead the documentation process to develop improved processes and document appropriately
• Establish clear workflows and documentation standards for day-to-day accounting operations.
• Collaborate closely with the Staff Accountant and broader finance team to ensure alignment and efficiency.

Systems & Process Improvement

• Continually drive forward efforts to shorten the close timeline
• Partner with the Associate Director on ERP improvements system initiatives and accounting automations providing hands-on input from an accounting operations perspective.
• Identify opportunities to automate manual processes (leverage AI) and enhance data accuracy through technology.
• Develop and maintain both the documentation and accounting procedures that keep pace and are scalable as the business model evolves

What Makes You a Great Fit:

Required

• CPA required (active license in good standing)
• 710 years of progressive accounting experience including significant tenure at a Top 10 public accounting firm
• Senior Manager (or equivalent) level in Audit / Assurance with demonstrated experience leading audit engagements and managing teams
• Deep technical knowledge of US GAAP with particular strength in revenue recognition and lease accounting
• Exceptional analytical organizational and project management skills with a strong attention to detail
• Small-company one-team mindset - you enjoy rolling up your sleeves and doing whatever it takes to help the team succeed

Preferred

• Prior industry experience in technology SaaS or manufacturing
• Experience with NetSuite
• Experience in a start-up / high-growth or technology-driven company
• Experience with multi-entity accounting structures

What we look for:

Were building this company from the ground up and every person we hire has an outsized impact on our culture performance and trajectory. While each team member brings unique strengths and perspectives we look for people who align with our Operating Principles and embody them in action. If this sounds like you Formic may be the right place for you!

• Fearless Optimism: You make bold bets and default optimistic. You believe in the mission arent paralyzed by risk and fear inaction more than failure. You see ambiguity as opportunity and bring energy to building what doesnt yet exist.
• Create the Magic: You absorb complexity so customers dont have to. Whether your customer is external or internal you focus on delivering experiences that are clear fast value-added and outcome-driven. You dont say not my job. You make things work.
• Today Not Tomorrow: You have a bias to action. You close the loop. You take extreme ownership. You understand that speed compounds and you dont confuse activity with results.
• Seek Truth: You think from first principles. You value data over ego and strong opinions loosely held. Youre willing to challenge assumptions including your own in pursuit of the best answer.
• Made of Rubber: You are resolute and adaptable. When things break or priorities shift you rebound stronger. You treat setbacks as learning moments and move forward with grit.
• One Formic: You operate without silos. You practice radical helpfulness document clearly and make clean handoffs. You assume positive intent and prioritize team success over individual credit.

Equal Opportunity Employment:

Formic is an equal opportunity employer. We do not discriminate on the basis of race color religion or religious creed sexual orientation gender gender identity marital status family or parental status disability military or veteran status or any other basis protected by law. All employment decisions are based on a persons merit business needs and role requirements. If you require further accommodations or have questions regarding accessibility of our roles please reach out to.

AI Use:

At Formic fairness and transparency are at the heart of our hiring process. We use AI-powered tools in some interviews to help our teams evaluate candidate responses but all final hiring decisions are made by humans. You can learn more about how AI is used in our recruitment process by reviewing our AI Hiring Disclosure linkedhere.