Chief Accounting Officer Job at Evolv Technologies Holdings, Inc. in Waltham
Evolv Technologies Holdings, Inc., Waltham, MA, United States
Job Description
Are you an accomplished leader in technical accounting with a passion for driving public company reporting? Are you skilled in overseeing complex financial operations while implementing SOX 404(b) compliance?
Evolv is seeking a Chief Accounting Officer (CAO) to lead our accounting and reporting functions, establish robust financial controls, and ensure compliance with U.S. GAAP and SEC regulations. In this role, you will be pivotal in optimizing our accounting processes, building a strong financial reporting foundation, and guiding the company through the next phase of growth.
Success in the Role: What performance outcomes will you achieve over the first 6-12 months?In the first 30 days, you will:
- Gain a deep understanding of Evolv’s business model, including the manufacturing processes, sales, and inventory workflows.
- Build strong relationships with cross-functional teams, including internal audit, finance, and operations.
- Assess the current control environment, including the status of SOX 404(b) implementation.
- Familiarize yourself with the company’s financial reporting framework and accounting complexities.
Within 3 months, you will:
- Lead the optimization of COGS (Cost of Goods Sold) management, ensuring compliance with accounting standards and accuracy in reporting.
- Oversee internal controls as the key owner, ensuring compliance and operational efficiency.
- Take full ownership of the accounting team, including oversight of revenue recognition, accounts receivable, payroll, accounts payable, expense management, cash flow, and tax.
- Drive enhancements to the monthly close calendar, reducing time while improving accuracy.
- Support and review quarterly and annual SEC reporting, including disclosures related to inventory and COGS.
By the end of the first year, you will:
- Achieve mastery of Evolv’s internal controls and financial processes, eliminating material weaknesses.
- Play a critical role in securing a clean audit opinion from external auditors.
- Identify and proactively address accounting risks, particularly those related to revenue recognition, inventory, manufacturing, and COGS.
- Streamline the financial close process and improve reporting accuracy.
- Build and optimize the accounting team, adding resources as needed to scale with the company’s growth.
- Serve as a trusted advisor to senior leadership, highlighting accounting risks and offering innovative solutions.
Technical Accounting:
- Lead the application of U.S. GAAP to Evolv’s accounting processes, with expertise in ASC 606 and ASC 842.
- Own accounting for inventory and manufacturing processes, implementing best practices in NetSuite and other tools.
- Research and resolve complex accounting issues, documenting conclusions in comprehensive memos.
Financial Acumen:
- Ensure compliance with SOX 404(b) by designing, implementing, and monitoring effective internal controls.
- Drive Evolv’s restatement efforts, ensuring high-quality financial reporting and regulatory compliance.
Reporting:
- Oversee accurate and timely SEC reporting, including 10-Qs and 10-Ks, with a focus on preventing restatements.
- Collaborate on disclosures related to revenue recognition, inventory, COGS, and other critical financial areas.
Leadership:
- Inspire and lead the accounting team, fostering a culture of trust, collaboration, and accountability.
- Act as a problem-solver and subject matter expert, providing guidance on technical accounting and operational challenges.
- Bachelor’s degree in Accounting
- Preferred certifications: CPA (Certified Public Accountant)
- Extensive experience in public company accounting and finance roles, including at least five years in a senior leadership position
- Big Four public accounting experience is a plus
This position is based at Evolv’s headquarters in Waltham, MA, with flexibility for remote work on some days.
What is the salary range?The base salary range for this full-time position is $250,000 – $330,000 + bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in role posting reflect the base salary only, and do not include commission, equity, or benefits.
Benefits
At Evolv, we’re on a mission to help make public spaces safer through innovative security technology. Rooted in our values of authenticity, kindness, courage, drive, and fun, we offer the opportunity to make a real impact. Our team thrives in a supportive, honest environment where creativity and collaboration are celebrated, and where we challenge the status quo to keep improving.
When you join Evolv, you’ll not only work with cutting-edge technology but also enjoy competitive benefits that support your well-being, and personal growth.
Our Benefits Include:
- Equity as part of your total compensation package
- A flexible work environment
- Medical, dental, and vision insurance
- Flexible Spending Accounts (FSA)
- A 401(k) plan (and 2% company match)
- Unlimited vacation policy
- $300 per quarter for perks and benefits that matter most to you
- Tuition reimbursement to support your ongoing learning and development
- Subscription to Calm
- Subscription to Orange Theory
Evolv Technology (“Evolv”) is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. We welcome and encourage diversity in the workplace, and all employment decisions are made without regard to race, color, religion, national, social or ethnic origin, sex (including pregnancy), age, disability, HIV Status, sexual orientation, gender identity and/or expression, veteran status, or any other status protected by law in the locations where we operate. Evolv will not tolerate discrimination or harassment based on any of these characteristics.
Evolv is committed to offering an inclusive and accessible experience for all job seekers, including individuals with disabilities. If you need a reasonable accommodation as part of the job application process, please connect with us at careers@evolvtechnology.com.