What are the responsibilities and job description for the Controller position at Bolt Graphics?
Bolt Graphics is a semiconductor startup based in Sunnyvale, CA building the fastest and most efficient graphics processors. We pride ourselves on our first principles approach to solving problems. We are energized by our mission to reduce the barrier of entry for content creation and consumption. Our goal is to enable everyone to easily create, simulate and consume immersive experiences as vividly as they can imagine them.
Our Values
The successful candidate will have strong GAAP expertise, advanced QuickBooks experience, prior controllership experience, and hands-on knowledge of stock option accounting, ASC 718, and 409A valuations.
What You'll Do
Financial Reporting & Accounting Operations
Benefits
Our Values
- Be Fearless: Unmute yourself. Test boundaries and get proven right.
- Remain Adaptable: Stay comfortable in a continuously changing world. If you’re wrong, concede and move on.
- Educate Your Ego: Selflessly collaborate towards our shared purpose.
The successful candidate will have strong GAAP expertise, advanced QuickBooks experience, prior controllership experience, and hands-on knowledge of stock option accounting, ASC 718, and 409A valuations.
What You'll Do
Financial Reporting & Accounting Operations
- Own the monthly, quarterly, and annual financial close process.
- Maintain accurate books and records in accordance with U.S. GAAP
- Prepare and review monthly financial statements, including:
- Balance Sheet
- Income Statement
- Statement of Cash Flows
- Management reporting packages
- Ensure timely completion of account reconciliations and supporting schedules.
- Manage the general ledger and chart of accounts.
- Oversee cash management activities and financial reporting compliance.
- Review accounting transactions for proper classification and GAAP treatment.
- Supervise and mentor the Senior Accountant.
- Oversee Accounts Payable operations and related workflows.
- Review journal entries, reconciliations, and accounting work prepared by staff.
- Establish performance expectations and best practices for the accounting function.
- Assist with future hiring and development of accounting personnel as the company grows.
- Serve as the primary owner and administrator of QuickBooks.
- Improve accounting workflows, reporting structures, and close procedures.
- Evaluate and implement process improvements that increase efficiency and scalability.
- Assess future ERP requirements and support system migration planning as needed.
- Maintain documentation of accounting policies, procedures, and workflows.
- Administer and reconcile stock option and equity compensation records.
- Maintain coordination between Carta and the general ledger.
- Record stock-based compensation expense in accordance with ASC 718.
- Coordinate and support 409A valuation processes.
- Assist management with equity-related reporting and future financing activities.
- Support capitalization table maintenance and equity transaction accounting.
- Prepare audit-ready financial statements and supporting workpapers.
- Coordinate annual audits, reviews, and other assurance engagements.
- Partner with external auditors, tax advisors, legal counsel, and valuation specialists.
- Support federal, state, and local tax filings.
- Ensure compliance with accounting policies and internal control requirements.
- Evaluate existing accounting processes and identify control gaps.
- Design and implement scalable internal controls.
- Improve approval workflows and financial governance procedures.
- Establish documented accounting policies and closing procedures.
- Deliver recommendations for enhancing operational efficiency and financial reporting quality.
- Partner with executive leadership on budgeting, forecasting, and financial planning.
- Support fundraising activities, investor due diligence requests, and strategic initiatives.
- Assist in the preparation of Board and investor reporting packages.
- Contribute to building a finance organization capable of supporting rapid growth.
- Bachelor's degree in Accounting or Finance.
- CPA strongly preferred.
- 8 years of progressive accounting experience.
- Prior experience as a Controller, Assistant Controller, or Accounting Manager.
- Strong knowledge of U.S. GAAP.
- Advanced QuickBooks experience.
- Experience managing month-end and year-end close processes.
- Experience supervising accounting personnel.
- Strong Excel and financial reporting skills.
- Exceptional analytical, organizational, and communication skills.
- Ability to operate independently and thrive in a dynamic startup environment.
- Experience in venture-backed technology, semiconductor, hardware, software, AI, or high-growth companies.
- Experience preparing companies for financial statement audits.
- Experience with startup scaling and implementation of accounting controls.
- Experience with Carta or other equity management platforms.
- Experience with:
- ASC 718 stock-based compensation accounting
- 409A valuations
- Equity incentive plans
- Investor reporting
- Fundraising due diligence
- Familiarity with future ERP implementations and finance system upgrades.
Benefits
- Medical, Dental, & Vision - 100% covered premiums
- Equity - Stock Options
- 401(k) match
- WFH Hardware
Salary : $180,000 - $220,000