Senior Staff Accountant, Waabi
$110-150k
Salary shown is for US candidates and is dependent on location + Equity incentive awards and an annual performance bonus
AI powered self-driving technology
Be an early applicant
AI powered self-driving technology
101-200 employees
Be an early applicant
$110-150k
Salary shown is for US candidates and is dependent on location + Equity incentive awards and an annual performance bonus
101-200 employees
Company mission
To bring commercially viable self-driving technology to society.
Role
Who you are
- Bachelor’s or Master’s degree in Accounting or a related field
- CPA or similar certification preferred
- Minimum of 5 years of experience in Accounting, with substantial experience in managing the month-end close and consolidation process independently with at least 2 years of high growth/startup experience
- Proficient in different accounting software, including QBO, Netsuite, etc
- Solid understanding of both GAAP & IFRS
- Strong analytical and organizational skills
- Demonstrated leadership and team collaboration abilities
- Excellent communication skills
- Experience with Netsuite or ERP implementation is a plus
What the job involves
- We are looking for a Senior Staff Accountant who can independently manage day-to-day accounting operations, month-end close, and consolidation processes with minimal supervision
- This role is crucial for leading essential financial functions, driving process improvements, and ensuring our financial operations are seamless and efficient
- Manage Month-End Close Process:
- Lead the monthly and annual close processes, including preparing and reviewing 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 and address challenges proactively
- Perform Financial Reporting & Analysis:
- Compile financial statements compliant with GAAP monthly, quarterly, and annually
- Prepare technical accounting memos for complex accounting issues
- Deliver insightful variance analyses to unpack financial performance nuances
- Execute Account Reconciliation:
- Lead daily bank reconciliations, identifying and rectifying discrepancies
- Perform monthly corporate credit card reconciliations, ensuring alignment with corresponding receipts
- Manage the accounts payable process, including approval of vendor bills and timely payments
- Helm the monthly general ledger account reconciliations, offering solutions to any inconsistencies
- Lead Scalability and Automation Initiatives:
- Develop and document business processes and accounting policies to maintain and strengthen internal controls and ensure compliance with professional standards, audit, and regulatory requirements
- Initiate measures to enhance scalable financial operations, pinpointing and rectifying inefficiencies
- Partner with finance and IT departments to advocate for automation and reduce manual interventions
- Conduct Tax Compliance:
- Monitor sales tax and HST Tax filing and compliance (HST, sales tax, etc.) and ensure auditable documents are available in case of an external/CRA audit
- Keep abreast of evolving tax regulations, ensuring Waabi's adherence
- Support and facilitate interactions with external auditors for a streamlined audit experience, providing essential financial documentation and addressing audit inquiries
- Assess and Improve Internal Controls:
- Assess and enhance accounting frameworks, processes, tools, and control mechanisms
- Uphold compliance with all relevant financial reporting requirements
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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