Accounting Manager

Lilt

Lilt

Accounting & Finance, Sales & Business Development
Indianapolis, IN, USA
Posted on Aug 12, 2024

About Us

LILT is the leading AI solution for enterprise translations. Our stack made up of our Contextual AI Engine, Connector APIs, and Human Adaptive Feedback enables global organizations to adopt a true AI translation strategy, focusing on business outcomes instead of outputs. With LILT, innovative, category-defining organizations like Intel, ASICS, WalkMe, and Canva are using AI technology to deliver multilingual, digital customer experiences at scale.

While our core AI technology might share similarities with ChatGPT and Google Translate, it's what we do with it that makes LILT truly revolutionary. Our patented Contextual AI Engine goes beyond basic translations, understanding the nuance of our customer's content and target audience to deliver hyper-accurate, business-focused results. Our connector-first approach seamlessly integrates with our customer's existing workflows, and our human-adapted feedback loop ensures continuous improvement, making LILT a constantly evolving AI partner for your global ambitions.

Get the best of both worlds at LILT! Dive into dynamic in-office energy 2 days a week, sparking creativity and forging bonds with your awesome team. Then, seamlessly shift gears and crush your to-do list from the comfort of your home base for the rest of the week. It's the perfect harmony of productivity and personal freedom. Want a peek inside? Visit our Careers page!

The Finance Team at LILT

The Finance and Accounting Team is remote but all on the East Coast. The team is led by our CFO and includes the Controller, Sr Accountant and Sr FP&A Manager. The team works closely together to complete day-to-day and month-end close responsibilities. The team thrives on continuous improvement of processes and efficiencies.

Where You’ll Work

This position will be based out of our Indianapolis, IN office and will be expected to work in the office in a hybrid capacity.

Authorization to work in the U.S. is a precondition of employment.

What You’ll Do

LILT is seeking an experienced Accounting Manager to oversee the daily operations of the accounting department and be a key contributor to the establishment of the function and growth of the team.

You’ll be responsible for developing and implementing accounting related systems, improving processes, and timely, accurate financial reporting. You’ll need the ability to multi-task and toggle between details and the big picture.

Key Responsibilities:

  • Own the general ledger and data underlying the financial statements

  • Ensure timely and accurate monthly, quarterly, and annual close processes, including international consolidations

  • Participant in the order-to-cash process by ensuring all customers are invoiced in a timely manner, cash collections are appropriately applied, revenue is recognized in accordance with US GAAP, and deferred revenue and A/R are reconciled

  • Implement accounting-related systems and develop process improvements to automate accounting in Netsuite and other systems

  • Manage the accounts payable function and ensure accurate and timely processing of vendor bills in Bill.com and other platforms; process wire payments to vendors

  • Review employee expense reports (including corporate credit cards) for compliance with our travel and expense policy and manage the expense reporting system (Rippling)

  • Reconcile all bank statements monthly and ensure all bank activity is timely and accurately recorded

  • Identify and track fixed assets and manage the fixed asset subledger and depreciation

  • Assess and track accruals and prepaid expenses as necessary

  • Assist in the documentation and implementation of processes to ensure excellent internal controls

  • Support the audit process domestically and internationally

  • Support tax filings

  • Assist with ad-hoc financial information requests from Executive Management and other departments

  • Demonstrate flexibility by performing various accounting tasks beyond the typical duties of the role in order to support the team's success.

Skills and Experience:

  • 5-8 years of accounting experience, including 2-3 years at a Big Four firm and 2-3 years on an accounting team preferred

  • Start-up experience a plus

  • Bachelor of Science in Accounting or related degree and CPA preferred

  • Systems implementation

  • Strong Netsuite ERP experience preferred

  • Deep knowledge of US GAAP with experience in consolidation and financial statement preparation

  • Enthusiasm to take on responsibilities and solve problems

  • Ability to multitask and prioritize

  • Excellent analytical, interpersonal and communication skills

  • Ability to conduct accounting research and document findings

  • Desire to exceed expectations and have a flexible, can-do attitude.

  • “Roll-up the sleeves” approach to accomplish all necessary tasks

  • Commitment to excellence and impeccable ethical standards and integrity

Our Story

Our founders, Spence and John met at Google working on Google Translate. As researchers at Stanford and Berkeley, they both worked on language technology to make information accessible to everyone. They were amazed to learn that Google Translate wasn’t used for enterprise products and services inside the company and left to start a new company to address this need – LILT.

At its core, LILT has always been a machine learning company since its incorporation on March 6, 2015. At the time, machine translation didn’t meet the quality standard for enterprise translations, so LILT assembled a cutting-edge research team tasked with closing that gap. While meeting customer demand for translation services, LILT has prioritized investments in Large Language Models, believing that this foundation was imperative to the future of enterprise translation.

Our Benefits:

https://px.sequoia.com/lilt

LILT is an equal opportunity employer. We extend equal opportunity to all individuals without regard to an individual’s race, religion, color, national origin, ancestry, sex, sexual orientation, gender identity, age, physical or mental disability, medical condition, genetic characteristics, veteran or marital status, pregnancy, or any other classification protected by applicable local, state or federal laws. We are committed to the principles of fair employment and the elimination of all discriminatory practices.