Assistant Controller

Remote

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Point-of-Sale Financing, Lease-to-OwnIndustries

Requirements

Candidates should possess a Bachelor's degree in Accounting, Finance, or a related field, with a CPA certification being a plus. A minimum of 5 years of progressive accounting experience is required, including at least 3 years in a managerial or leadership role. The ideal candidate will have in-depth knowledge of financial accounting principles, financial reporting standards, and regulatory compliance, along with hands-on experience with accounting software and ERP systems like QuickBooks, NetSuite, or SAP. Proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint, is essential, as are exceptional analytical and problem-solving skills.

Responsibilities

The Assistant Controller will oversee day-to-day accounting operations, including the general ledger, accounts payable/receivable, payroll, and cash management. This role involves leading monthly, quarterly, and annual close processes, preparing and reviewing journal entries, account reconciliations, and supporting schedules. Responsibilities include preparing accurate financial statements in accordance with U.S. GAAP, leading the preparation of internal and external financial reports, and ensuring compliance with GAAP, tax regulations, and internal policies. The Assistant Controller will coordinate external audits and tax filings, implement and maintain internal controls, analyze financial performance, manage cash flow forecasting, and optimize financial resources. Additionally, they will evaluate and recommend improvements to accounting systems and processes, manage and mentor the accounting team, and support the development of accounting policies and procedures.

Skills

Accounting Operations

Financial Statements

Financial Analysis

Financial Records

Operational Efficiency

Financial Strategy

Machine Learning

Kafene

Consumer leasing with flexible payment options

About Kafene

Kafene provides lease-to-own options for various products such as furniture, appliances, electronics, tires, and wheels, targeting consumers who seek financial flexibility without the need for upfront payments. Customers can apply online without a credit check, ensuring that their credit score remains unaffected. Upon approval, which can reach up to $5,000, customers can lease products from their preferred stores with customized payment options tailored to their needs. Kafene stands out from competitors by offering a straightforward application process and flexible payment plans, along with a strong focus on customer satisfaction, including accommodating changes in payment schedules. The company's goal is to provide an accessible and affordable leasing solution that empowers consumers to acquire the products they need without the burden of immediate payment.

New York City, New YorkHeadquarters

2019Year Founded

$74.9MTotal Funding

DEBTCompany Stage

Fintech, Consumer GoodsIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Gym Membership

Risks

Increased competition from fintech companies could erode Kafene's market share.

Regulatory scrutiny on lease-to-own agreements may impact Kafene's business model.

Economic downturns could lead to higher default rates, affecting revenue and profitability.

Differentiation

Kafene offers a no-obligation return policy, unlike traditional debt products.

Their AI-based underwriting provides personalized and efficient customer experiences.

Kafene's app-based point-of-sale solutions cater to mobile-first consumer behavior.

Upsides

Partnerships with large retail groups expand Kafene's market reach and customer base.

Recognition as a top startup employer enhances Kafene's reputation and attracts talent.

Recent funding rounds enable Kafene to scale operations and reach more consumers.

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