Finance Operations Manager

At Formant, we’re on a mission to build the autonomous future with humans at the center. Our cloud-based data and operations platform helps companies scale and manage fleets of robots in the real world. We serve a wide range of customers, from Fortune 100s to fast-growing startups. We’re backed by both venture and large names in the industry, and scaling.

Your Mission

The Finance Operations Manager is a critical role within our company, responsible for overseeing the financial operations, including accounts receivable, accounts payable, financial planning and analysis (FP&A), and financial reporting. The role involves ensuring accurate financial tracking, compliance with internal processes, and effective communication with stakeholders, including customers, vendors, and our external accounting firm. The Finance Operations Manager will also support strategic financial decisions and play a key role in budgeting, cash flow management, and contract analysis.

Key Responsibilities

• Accounts Receivable:
• Manage customer billing, including contract interpretation, new customer setup, monthly invoicing, and resolving billing issues.
• Communicate with customers regarding billing concerns and coordinate with the external accounting team.
• Accounts Payable:
• Oversee bill tracking through Bill.com and ensure accurate and timely processing and payment of outgoing bills.
• Track vendor payments and manage vendor relationships.
• Financial Planning & Analysis (FP&A):
• Collaborate with the President to manage the company budget and ensure that financial goals are met.
• Ensure accurate reporting of contract values and Annual Recurring Revenue (ARR) in the CRM and reporting systems together with Revenue Operations.
• Record and track company Key Performance Indicators (KPIs) and ensure they are accurately reported in the appropriate systems.
• Financial Reporting:
• Oversee the third party accounting firm on the preparation of company financials and reports.
• Prepare and deliver financial reports for internal stakeholders and investors.
• Collect key financial information from various stakeholders and report back to the accounting firm.
• Manage and monitor cash flow, ensuring the company's liquidity needs are met.
• Expense Management:
• Oversee employee and company expense management, ensuring compliance with policies and accurate documentation of receipts.
• Calculate and manage incentive payouts based on performance metrics.
• Third-Party Collaboration:
• Work closely with the third-party accounting firm to ensure accurate financial reporting and compliance.
  

Experience & Qualifications

• Required:
• 7+ years of experience in a similar role(s)
• Bachelor’s Degree in Finance, Accounting, or a related field.
• Relevant finance credentials (e.g., CPA, CMA, CFA, and/or FP&A).
• Proven ability to balance strategic work with day-to-day operational tasks.
• Extensive experience in Accounts Receivable (AR) and Accounts Payable (AP).
• Strong business acumen and a keen attention to detail.
• Process-oriented mindset with the ability to maintain focus in a fast-paced, start-up environment.
• Experience as the sole financial operations manager within an organization.
• Excellent communication skills, capable of effectively managing relationships with both internal and external stakeholders.
• Experience collaborating with external accounting vendors.
• Proficiency with financial tools and software, including Netsuite, Excel, and Google Sheets.
• Preferred:
• Experience with Bill.com and Chargebee.
• Master’s Degree in Finance or Accounting.
  

About Formant

Founded in 2017, Formant is the leading cloud-based platform for managing fleets of robots. Formant’s platform enables companies to operate, observe, and analyze robots from anywhere, meeting the growing need of robotics companies looking to deploy into new environments and scale their fleets.

We are inspired by the unique opportunities and challenges of connecting robots to each other, people and the cloud - and we are backed by large players in the robotics industry.

As a team, we value humility, honesty, and creativity. We have a friendly, remote culture full of people from diverse backgrounds. We love solving problems and take pride in our craft.

Ready to Apply?

Please apply and the hiring manager will reach out to you if you are qualified to set up a first discussion. The process will be a series of interviews with members of the sales and leadership teams. We hope to hear from you!

Please Note

This position is remote, however ideally located in Chicago. Please note, Formant only hires employees in the states of: AZ, CA, IL, MA, MI, NY, OR, PA, TX, and WA.