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Controller

Who we are at Osmo:

Osmo is a digital olfaction company, on a mission to give computers a sense of smell to improve the health and wellbeing of human life. Why? Our sense of smell both enriches and saves lives, and has a deep and direct connection to our emotions and memory. Vision and hearing have been digitized, but not scent. It’s time we solve this. We’re bringing an unprecedented combination of software, data, hardware and capital to the historic challenge of giving computers a sense of smell.

We believe in the power of automation and carefully applied AI/ML to solve problems that are beyond what the unaided human mind can tackle on its own. In the first phase of our development, we are using our map of odor along with cutting-edge generative AI to create the next generation of aroma molecules (e.g., the ingredients in the fragrances we wear and the products we use). Beyond fragrance machine olfaction has application across many industries, including manufacturing, military, medicine, and more. Working for Osmo means solving problems using digital olfaction for these customers. We're a hybrid company with our headquarters in New York, NY, a new facility under construction in central New Jersey, and offices in Somerville, MA.

Osmo is seeking a Controller who will own and drive the financial operations and compliance of a fast-paced, multi-location organization. Reporting to the Operations group, you will oversee accounting, financial reporting, and compliance to support strategic decision-making for a growing company with locations in NY, NJ, and MA, and a distributed workforce. This is a unique opportunity to grow a robust finance function in a mission-driven, innovative environment.

Key Responsibilities

  • Lead and oversee all accounting operations, including general ledger, accounts payable, accounts receivable, payroll, revenue management, and tax compliance.

  • Ensure timely and accurate financial reporting, including the preparation of monthly, quarterly, and annual financial statements.

  • Develop and maintain internal controls, policies, and procedures to safeguard assets and ensure compliance with GAAP and applicable regulations.

  • Manage the annual audit process, working closely with external auditors and ensuring audit readiness and compliance.

  • Partner with cross-functional teams to ensure alignment of financial operations with business objectives, providing actionable insights and recommendations.

  • Develop scalable financial processes and systems to support growth and operational efficiency across multiple locations and a distributed workforce.

  • Monitor cash flow, budgeting, and forecasting processes to ensure financial stability and support long-term strategic goals.

  • Lead compliance efforts for financial reporting, tax regulations, and other statutory requirements across various jurisdictions.

  • Evaluate and implement financial systems and tools to enhance automation, reporting accuracy, and operational efficiency.

Required Qualifications

  • 7+ years of progressive accounting and finance experience, with at least 3 years in a leadership or controller role.

  • CPA designation (active or inactive)

  • Strong knowledge of GAAP, financial reporting, and regulatory compliance.

  • Proficiency & fluency in modern GL, ERP, and procurement platforms.

  • Experience implementing and managing financial systems in multi-entity and multi-location environments.

  • Demonstrated success scaling finance operations in a high-growth, fast-paced environment.

  • Excellent communication skills, with the ability to convey complex financial information to both technical and non-technical audiences.

  • Ability to work from Osmo's New Jersey location with flexibility to visit NYC and Boston offices as required.

Nice to haves

  • Experience in venture-backed or startup environments.

  • Familiarity with manufacturing or physical good-based financial operations.

  • Background supporting regulated industries or government clients.

If this role inspires you we’d encourage you to apply. We are committed to recruiting, developing, and retaining an incredible team optimized for a diversity of thought, background, and approaches. All employment decisions and responsibilities are determined based on current ability and your ability to grow, without regard to race, color, gender identity, sex, sexual orientation, religion, age, marital status, physical, mental, or sensory disability, or any other characteristic protected by applicable law.

 

Recruitment & Staffing Agencies: Osmo does not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Osmo or its employees is strictly prohibited unless contacted directly by the Osmo Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Osmo and Osmo will not owe any referral or other fees with respect thereto.

Average salary estimate

$135000 / YEARLY (est.)
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$120000K
$150000K

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What You Should Know About Controller, Osmo

At Osmo, we are on an extraordinary journey to revolutionize digital olfaction, and we're looking for an innovative Controller to join our dynamic team. If you've ever dreamed of making groundbreaking advancements in technology that can influence health and well-being, this is your chance with a company that combines passion and creativity in the realm of scent. As the Controller, you'll be at the forefront of our financial operations, ensuring that our multi-location organization in New York, New Jersey, and Massachusetts runs smoothly. Your expertise will help us stay compliant while curating insightful financial reports that guide our strategic decision-making. We need someone who can lead various accounting operations—from general ledger management to payroll and tax compliance. But your contributions won't stop there. With your CPA certification and extensive experience, you'll develop scalable processes that support our rapid growth while monitoring cash flow and budgeting effectively. Collaborating with cross-functional teams, you'll bring your accounting expertise to influence our operational strategies positively. Join us at Osmo, where every day is a new challenge, and together, we can transform the way technology interacts with our sense of smell and beyond. Let's make history together!

Frequently Asked Questions (FAQs) for Controller Role at Osmo
What qualifications are needed for the Controller position at Osmo?

To be considered for the Controller position at Osmo, candidates typically require 7+ years of progressive accounting and finance experience, including at least 3 years in a leadership role. An active or inactive CPA designation is essential, along with a strong grasp of GAAP and financial reporting. Familiarity with modern GL, ERP, and procurement platforms, as well as experience in high-growth environments, is highly valued.

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What are the responsibilities of a Controller at Osmo?

As a Controller at Osmo, you'll oversee all accounting operations, ensuring accurate financial reporting and compliance. You'll be responsible for managing the annual audit, developing internal controls, and partnering with various teams to align financial operations with business goals. Leading compliance efforts and monitoring cash flow also fall under your purview, creating a comprehensive role within our innovative organization.

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How does Osmo support professional development for Controllers?

Osmo is dedicated to fostering growth for its employees, particularly in leadership positions like the Controller role. We provide opportunities for continuous learning and development, encouraging Controllers to participate in relevant training and workshops to enhance their skills. Sharing knowledge across departments helps in nurturing a collaborative atmosphere for innovative thinking.

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What is the work environment like for the Controller role at Osmo?

The work environment for a Controller at Osmo is vibrant and fast-paced, driven by innovation and a mission to give computers a sense of smell. With a hybrid model incorporating locations in New York and New Jersey, you’ll be part of a collaborative team that values creativity and diverse perspectives, making it an inspiring place to work.

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What kind of financial systems does Osmo utilize for the Controller position?

At Osmo, we utilize advanced financial systems and tools to enhance our automation, reporting accuracy, and operational efficiency. As a Controller, you'll be involved in the evaluation and implementation of these systems, ensuring they cater to our multi-entity and multi-location environment, thereby optimizing our financial operations.

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What is the reporting structure for the Controller at Osmo?

The Controller at Osmo reports directly to the Operations group, ensuring that all financial operations of our company are aligned with the strategic initiatives of our multi-location organization. This integral position allows for collaboration with various teams across New York, New Jersey, and Massachusetts, enhancing decision-making processes.

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How does Osmo ensure diversity in hiring for the Controller position?

Osmo is committed to recruiting and retaining a diverse team with a variety of thoughts, backgrounds, and approaches. We believe that a diverse workforce fosters innovation and creativity. For the Controller position, we evaluate and select candidates based on their abilities and potential growth, ensuring fairness and inclusivity in our hiring processes.

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Common Interview Questions for Controller
Can you describe your experience with GAAP and financial reporting as a Controller?

When answering this question, highlight your hands-on experience with GAAP and financial reporting standards. Explain previous instances where you ensured compliance and how you maintained the integrity of financial data throughout your career. Providing specific examples can make a strong impression.

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How do you handle the annual audit process?

In your response, outline your approach to managing the annual audit process, including preparation, collaboration with external auditors, and ensuring that all necessary documentation is accessible. Demonstrating a proactive attitude, and experience managing audits will help convey your competencies in this area.

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What strategies do you implement for effective cash flow management?

Discuss your methods for monitoring and forecasting cash flow. Include specific tools or techniques you’ve used to manage liquidity and ensure financial stability. It's beneficial to mention how these strategies align with broader organizational goals.

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How do you develop internal controls within a finance team?

Convey your experience in identifying risks and implementing internal controls that safeguard assets and comply with financial regulations. Sharing a specific example of a control you've developed and its impact will enhance your response.

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What is your experience with financial systems and technology?

Talk about your familiarity with various financial systems, tools, and ERP platforms you’ve used in past roles. Highlight any experience you have with implementing new systems and how you have driven automation and efficiency within your team.

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How do you align financial operations with business objectives?

In your answer, showcase your ability to think strategically by collaborating with cross-functional teams. Provide examples of situations where you've offered financial insights that informed and influenced business decisions.

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Can you share an experience where you successfully scaled finance operations?

Focus on a scenario that illustrates your success in scaling finance operations effectively, describing the challenges you faced and how you overcame them. It's compelling to show metrics that reflect the results of your efforts.

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How do you communicate complex financial data to non-financial audiences?

Discuss techniques you've used to simplify complex financial information for non-financial stakeholders, including using visuals, analogies, or aligned business objectives to ensure clarity and comprehension.

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How do you stay current with financial regulations and compliance?

Mention the resources, networks, or training you engage with to keep abreast of financial regulations and compliance standards. Demonstrating your commitment to continuous learning will reflect positively on your candidacy.

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What motivates you to succeed in the Controller role?

Share personal anecdotes that highlight your passion for financial excellence and how it ties into your professional values. Connecting your motivations to Osmo's mission can make your answer more impactful.

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Osmo is an award-winning STEAM brand whose products are used in over 50,000 classrooms and 2.5 million homes. It is building a universe of hands-on play experiences that nourish the minds of children by unleashing the power of imagination. The com...

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Full-time, hybrid
DATE POSTED
November 28, 2024

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