Staff Accountant, Waabi
$100-150k
+ Equity + Annual performance bonus
AI powered self-driving technology
Job no longer available
AI powered self-driving technology
101-200 employees
Job no longer available
$100-150k
+ Equity + Annual performance bonus
101-200 employees
Company mission
To bring commercially viable self-driving technology to society.
Role
Who you are
- Bachelor or Master in Accounting or related field
- CPA or similar certification preferred
- 5+ years of experience in Accounting, including exposure to all essential aspects of the month-end close and consolidation process
- Startup experience, trucking industry, and cost accounting experience, are preferred
- Proficient in different accounting software, including QBO, Netsuite, etc
- Solid understanding of GAAP & IFRS
- Strong analytical and organizational skills
- Demonstrated leadership and team collaboration abilities
- Excellent communication skills
What the job involves
- We're looking for a Staff Accountant to join our team, someone who can lead essential financial functions, drive process improvements, and ensure our financial operations run seamlessly and efficiently
- Lead the monthly/annual close processes, including preparation and/or review of journal entries, account reconciliations, financial statements, and various financial analyses to deliver timely, accurate, and insightful reporting in compliance with GAAP
- Ensure the integrity of all financial records, reconciliations, and reports
- Collaborate with the finance team to optimize the close process, addressing challenges proactively
- Compile financial statements compliant with GAAP on a monthly, quarterly, and annual basis
- Prepare technical accounting memos for complex accounting issues
- Deliver insightful variance analyses to unpack financial performance nuances
- Contribute to budgeting and forecasting efforts
- Lead daily bank reconciliations, identifying and rectifying discrepancies
- Perform monthly corporate credit card reconciliations, aligning transactions with corresponding receipts
- Manage accounts payable process, including approving of vendor bills and timely payments
- Helm the monthly general ledger account reconciliations, offering solutions to any inconsistencies
- Develop and document business processes and accounting policies to maintain and strengthen internal controls and ensure compliance with professional standards, and audit and regulatory requirements
- Initiate measures to bolster scalable financial operations, pinpointing and rectifying inefficiencies
- Partner with finance and IT. departments to advocate for automation, reducing manual interventions
- Drive the creation of tax returns (HST, sales tax etc) and compliance documents.Keep abreast of evolving tax regulations, safeguarding Waabi's adherence
- Support Audits Facilitate interactions with external auditors for a streamlined audit experience
- Readily provide essential financial documentation and address audit inquiries
- Assess and enhance accounting frameworks, processes, tools, and control mechanisms
- Uphold compliance with all relevant financial reporting requirements
- Engage with diverse teams to reinforce company-wide objectives
- As the team grows, there is an opportunity to mentor junior accounting personnel, instilling best practice methodologies
Our take
Autonomous vehicle technology is rapidly developing and many sectors are recognising its value. However, whilst the self-driving industry has made significant advancements there is much more that can be done. There are challenges in this space surrounding scale and developing commercially viable self-driving technology.
Waabi hopes to tackle these challenges and be the leader in self-driving technology with their "AI first approach". The company said that combined with a closed-loop simulator, this approach will allow both common driving scenarios and safety-critical edge cases to be tested at scale - solving one of the key issues in the industry.
Waabi successfully raised one of the largest Series A rounds ever raised in Canada, and has gone on to raise fresh Volvo and Uber-led funding in early 2024. While the company's focus is currently on autonomous long-haul trucking (launching its first generation of trucks in November 2022), the company is well set to lead the next generation of self-driving technology.
Kirsty
Company Specialist
Insights
Company
Funding (2 rounds)
Jun 2024
$200m
SERIES B
Jun 2021
$73.7m
SERIES A
Total funding: $273.7m
Company benefits
- Equity awards
- Medical, Dental and Vision coverage (for full-time employees only)
- Unlimited Vacation
- Flexible hours and Work from Home support
- Regularly scheduled team building activities and social events both on-site, off-site & virtually
- Annual performance bonus
Company HQ
Downtown Toronto, Toronto, ON
Articles
Leadership
Raquel Urtasun
(CEO)Previously worked at Uber as Chief Scientist, Head of Uber ATG R&D. Is also a professor at the University of Toronto.
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