Lightning
Controller Palo Alto, California, United States
Lightning, Palo Alto, California, United States, 94306
Lightning AI is the company reimagining the way AI is built. After creating and releasing PyTorch Lightning in 2019, Lightning AI was launched to reshape the development of artificial intelligence products for commercial and academic use.Focusing on simplicity, sustainability, modularity, and extensibility, Lightning AI streamlines the lifecycle of machine learning development to expand widespread AI adoption. Its aim is to enable individual and enterprise users to build deployment-ready AI tools without having to hire experts or sink resources into in-house infrastructure.Lightning AI is a company with offices in New York City, Palo Alto, and London backed by $58.6 million in funding from Coatue, Index Ventures, Bain Capital Ventures, and Firstminute.Our Values
We are building a company of people that care deeply about the impact of AI on our society. We value:Integrity: AI is bound to change how we interact with computers, with each other, and the world—for the better. We are committed to building an inclusive company and developing ethical AI that improves humanity.Perseverance: Be bold, take the initiative, and make decisions with confidence. We empower our community, clients, and colleagues to tackle the impossible.Curiosity: We are genuinely interested in finding solutions to advance the state of AI research and foster its application in novel products. It's not about whether we can solve the problem, but how.We also feel that it’s essential to point out the self-evident here – there’s a genuine lack of diversity in our industry, which has to change. One of our goals is to help drive that change. Lightning AI is fully committed to diversity, equity, and inclusion in all of its practices, especially when it comes to growing our team. Our culture promotes inclusion, and we embrace how rewarding it is to work with people from all walks of life.What we're looking for
We are looking for a controller as our first in-house financial member of the team. Reporting to the COO, this candidate will have vast knowledge and experience in SaaS and GAAP accounting practices. The Financial Controller will play a key role in providing financial insights to support strategic decision-making and driving the company's financial growth. This is an exciting opportunity to get in early at a Series B company and influence the future of the finance team at Lightning AI. We are open to candidates in Palo Alto and New York City.What you’ll do
Oversee all financial operations including accounting, budgeting, forecasting, and financial reporting for Lightning AI.Coordinate and direct the preparation of the budget and financial forecasts and report variances.Prepare and publish timely monthly financial statements including balance sheets, income statements, and cash flow statements.Conduct financial analysis to pinpoint trends, variances, and opportunities for improvement and cost cutting, pertaining to cloud costs specifically.Monitor cash flow, liquidity, and financial performance to support effective cash management and decision-making in respects to company runway.Manage and comply with local, state, and federal government reporting requirements and tax filings; ensure accuracy and compliance with regulatory standards.Support the executive team with key financial information and operational analytics, and drive a culture of accountability in managing the business.Develop and document business processes and accounting policies to maintain and strengthen internal controls.Leverage previous experience at a professional accounting firm and as a controller at a venture-backed SaaS company.How we evaluate your candidacy
Our interviews will not only give us insight into your skill set but give you insight into our company.Recruiter Interview:
You will speak with our recruiter about your background and what you are looking for in your next role. We want to know why you are interested in joining us and what questions you have about the team.Hiring Manager Interview:
The first interview will be a typical hiring manager round.Virtual Onsite:
You'll have the opportunity to meet our Senior Operations Manager, Chief of Staff, and People Operations Manager. You will also meet our CEO, William Falcon, to chat about your background, what you’ve learned, and why you’d like to work with us.Compensation:
$165,000-$215,000.Benefits and Perks
We offer competitive base salaries and stock options with a 25% one year cliff and monthly vesting thereafter. For our international employees, we work with Velocity Global to pay you in your local currency and provide equitable benefits across the globe.In the US, we offer:90% monthly premium contributions towards medical and 100% monthly premium contributions towards select dental and vision plans for you and your dependents.Life and AD&D insurance.Flexible paid time off plus 1 week of winter closure.Generous paid family leave benefits.$500 monthly meal reimbursement, including groceries & food delivery services.$1,000 home office stipend.$1,000 annual learning & development stipend.100% Citibike membership (NYC only).Additional various medical and mental health services.
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We are building a company of people that care deeply about the impact of AI on our society. We value:Integrity: AI is bound to change how we interact with computers, with each other, and the world—for the better. We are committed to building an inclusive company and developing ethical AI that improves humanity.Perseverance: Be bold, take the initiative, and make decisions with confidence. We empower our community, clients, and colleagues to tackle the impossible.Curiosity: We are genuinely interested in finding solutions to advance the state of AI research and foster its application in novel products. It's not about whether we can solve the problem, but how.We also feel that it’s essential to point out the self-evident here – there’s a genuine lack of diversity in our industry, which has to change. One of our goals is to help drive that change. Lightning AI is fully committed to diversity, equity, and inclusion in all of its practices, especially when it comes to growing our team. Our culture promotes inclusion, and we embrace how rewarding it is to work with people from all walks of life.What we're looking for
We are looking for a controller as our first in-house financial member of the team. Reporting to the COO, this candidate will have vast knowledge and experience in SaaS and GAAP accounting practices. The Financial Controller will play a key role in providing financial insights to support strategic decision-making and driving the company's financial growth. This is an exciting opportunity to get in early at a Series B company and influence the future of the finance team at Lightning AI. We are open to candidates in Palo Alto and New York City.What you’ll do
Oversee all financial operations including accounting, budgeting, forecasting, and financial reporting for Lightning AI.Coordinate and direct the preparation of the budget and financial forecasts and report variances.Prepare and publish timely monthly financial statements including balance sheets, income statements, and cash flow statements.Conduct financial analysis to pinpoint trends, variances, and opportunities for improvement and cost cutting, pertaining to cloud costs specifically.Monitor cash flow, liquidity, and financial performance to support effective cash management and decision-making in respects to company runway.Manage and comply with local, state, and federal government reporting requirements and tax filings; ensure accuracy and compliance with regulatory standards.Support the executive team with key financial information and operational analytics, and drive a culture of accountability in managing the business.Develop and document business processes and accounting policies to maintain and strengthen internal controls.Leverage previous experience at a professional accounting firm and as a controller at a venture-backed SaaS company.How we evaluate your candidacy
Our interviews will not only give us insight into your skill set but give you insight into our company.Recruiter Interview:
You will speak with our recruiter about your background and what you are looking for in your next role. We want to know why you are interested in joining us and what questions you have about the team.Hiring Manager Interview:
The first interview will be a typical hiring manager round.Virtual Onsite:
You'll have the opportunity to meet our Senior Operations Manager, Chief of Staff, and People Operations Manager. You will also meet our CEO, William Falcon, to chat about your background, what you’ve learned, and why you’d like to work with us.Compensation:
$165,000-$215,000.Benefits and Perks
We offer competitive base salaries and stock options with a 25% one year cliff and monthly vesting thereafter. For our international employees, we work with Velocity Global to pay you in your local currency and provide equitable benefits across the globe.In the US, we offer:90% monthly premium contributions towards medical and 100% monthly premium contributions towards select dental and vision plans for you and your dependents.Life and AD&D insurance.Flexible paid time off plus 1 week of winter closure.Generous paid family leave benefits.$500 monthly meal reimbursement, including groceries & food delivery services.$1,000 home office stipend.$1,000 annual learning & development stipend.100% Citibike membership (NYC only).Additional various medical and mental health services.
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