Director of Accounting
Tovala
Accounting & Finance
Chicago, IL, USA
Posted on Sep 27, 2024
We’re Tovala, a food-tech company reinventing home cooking to save consumers time. Through an innovative combination of hardware, software, and fresh food delivery, we make it incredibly simple for anyone to prepare and enjoy delicious, home-cooked meals without sacrificing time to do whatever matters to them. Through our superior technology, product experience and food quality, we have separated Tovala from the busy pack of other meal delivery businesses. In the process, we’ve amassed a loyal, rapidly growing following and our retention, product engagement and customer NPS are all best-in-class. We’ve raised over $100mm from great investors like Left Lane Capital, Origin Ventures, Y Combinator and Comcast Ventures and have invested strongly in building a unique culture that fosters growth, personal development and camaraderie.
As our Director of Accounting, you will be responsible for overseeing all aspects of the accounting function. This position will report to the VP of Finance and will manage and coach a team of two full-time staff and a third party firm. You will play a pivotal role in ensuring we accurately report financials, drive efficiencies in our accounting process, and be a key strategic partner as we scale.
What you'll do here
- Lead and Scale Accounting Operations: Manage and improve all aspects of the company’s accounting operations, including general ledger, reconciliations, accounts payable, payroll, and tax compliance.
- Own Financial Reporting: Ensure timely, accurate monthly, quarterly, and annual financial closes in accordance with GAAP, ensuring clear and transparent reporting to the executive team and investors
- Support Strategic Growth: Collaborate with cross functional teams to determine best ways to handle changes to our business (e.g. new product introductions, new channels, new initiatives, pilots), what works well in our accounting system and doesn’t create unnecessary accounting complexities.
- Oversee Annual Financial Audit in partnership with auditors
- Implement Financial Controls: Design and implement internal controls, policies, and procedures to ensure compliance, reduce risk, and optimize financial operations.
- Leverage technology to drive accuracy and efficiency: Optimize our accounting processes by finding opportunities within our ERP and financial reporting. Take a leadership role in future integrations as we scale, ensuring systems are set up for long-term growth.
- Team Leadership: Mentor and grow a high-performing accounting team, fostering a culture of accuracy, accountability, and collaboration.
- Regulatory Compliance: Oversee and manage, in coordination with external tax professionals, all federal, state, and local taxes, including long-term tax planning.
- Insurance coverage: Coordinate administration of insurance policies
About you
- CPA (required) with a deep understanding of GAAP and experience in revenue recognition.
- 10+ years of accounting experience, including at least 5 years in a leadership role, with time spent in high-growth startups or rapidly scaling companies. Experience in manufacturing or subscription service companies is a plus.
- Proven leadership experience, with a track record of managing, building and scaling highly effective accounting teams in dynamic environments.
- Extensive knowledge of accounting software (experience with NetSuite preferred).
- Excellent communication skills, with the ability to simplify complex financial concepts for non-financial stakeholders.
- High attention to detail, a proactive mindset, and the ability to thrive in a fast-paced, ever-changing environment.
The values we hold dear
Put the team first
We put what is best for the broader team ahead of what is best for ourselves or our immediate department.
Get s#!t done (well)
We celebrate people at all levels for delivering high impact work that expands the bounds of what we’re able to do.
Connect the dots
We engage with curiosity to learn how our work impacts others so that we can problem-solve holistically and work collaboratively.
Be Direct
We share our perspective openly and directly, even when it feels difficult to do so.
Embrace the obstacles
We rise to meet challenges with a sense of urgency, resolve, and optimism.
Champion the customer
We consider and prioritize our customer in all of our decisions
At Tovala we‘re committed to building a workplace that represents a variety of backgrounds, skills, and perspectives and do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Everyone is welcome here!