Accounting Manager at K2 Space

Los Angeles, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Aerospace, Space TechnologyIndustries

Requirements

Bachelor's degree in Accounting, Finance, or Business
6+ years of progressive accounting/finance experience
Experience in a start-up or manufacturing environment strongly preferred
Proficiency with accounting software (e.g., NetSuite or similar, Ramp, Bill.com, Carta)
Strong understanding of US GAAP, financial reporting, and internal controls
Hands-on and detail-oriented, with willingness to handle transactional tasks as well as strategic projects
Advanced proficiency in Microsoft Excel

Responsibilities

Lead the month-end close process to ensure complete, accurate, and timely reporting and accelerating the month-end close timeline
Oversee the daily accounting operations across procure to pay, fixed assets, inventory, and revenue & receivables processes
Review general ledger coding for invoices, PO’s, and other time tracking mechanisms to ensure appropriate classification and accounting of daily transactions
Prepare and review journal entries and account reconciliations including identifying trends and discrepancies and ensuring retention of supporting documentation
Collaborate with other departments (operations, supply chain, engineering, production, etc.) to identify improvements in cost tracking processes and develop costing methodologies
Establish internal controls throughout business processes and ensure adherence to Company policies, including identifying improvements to existing Company policies
Improve the Company’s existing financial systems across business processes to ensure they scale as the Company continues to grow
Support various ad-hoc finance and other accounting activities as needed
Research, document and review technical accounting memos as needed
Liaise with external auditors and tax preparers as part of annual financial statement audit and other tax compliance filings, respectively

Skills

month-end close

general ledger

procure to pay

fixed assets

inventory management

revenue recognition

receivables

financial reporting

process improvement

compliance

leadership

K2 Space

Manufactures cost-effective high-capability satellite buses

About K2 Space

K2 Space manufactures and sells satellite buses, which are the main structures and systems of satellites, excluding the payload. Their products allow clients to create customized satellites for various missions, including scientific research, commercial communication, and defense. K2 Space's approach breaks the traditional link between satellite size and cost, enabling the deployment of large, high-capability satellites at lower prices. This is achieved by leveraging advanced satellite technology and a team with experience from top aerospace companies like SpaceX and Blue Origin. K2 Space aims to make space missions more accessible by providing affordable satellite solutions, thus expanding opportunities for exploration and development in the aerospace sector.

West Hollywood, CaliforniaHeadquarters

2022Year Founded

$66.6MTotal Funding

SERIES_ACompany Stage

AerospaceIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Unlimited Paid Time Off

Parental Leave

Company Equity

Risks

Increased competition from established companies like SpaceX threatens K2 Space's market share.

Reliance on venture capital funding may lead to financial instability if interest wanes.

Potential delays in launching their first Mega satellite could impact reputation and trust.

Differentiation

K2 Space offers high-capability satellite buses at a fraction of traditional costs.

The company breaks the historical correlation between satellite mass and cost.

K2 Space's team includes veterans from leading aerospace companies like SpaceX and Blue Origin.

Upsides

K2 Space secured a $60M contract from the U.S. Space Force for satellite missions.

The company raised $50M to build Mega Class satellites, boosting its financial position.

Growing demand for satellite-based internet services expands K2 Space's market reach.

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