Senior Manager, Accounting & Controls
Who we are
Formic is on a mission to reshape American manufacturing by making automation accessible to every factory. As labor constraints rise, costs increase, and global competition intensifies, automation is no longer optional for manufacturers that want to stay competitive.
We deliver automation through a Robotics-as-a-Service model that combines industrial robotics, proprietary software, and full-service support into a single, integrated solution. By removing the traditional barriers of cost, complexity, and risk, we enable manufacturers to deploy automation quickly and realize measurable gains in throughput, safety, and operational efficiency without large upfront capital investment.
Backed by leading investors including Lux Capital, Initialized Capital, Blackhorn Ventures, and Mitsubishi HC Capital North America, Formic is scaling rapidly and building the foundation for a new era of high-performance, Made in America production.
About the team
Formic’s Finance team enables disciplined growth across our Robotics-as-a-Service platform. The team oversees capital strategy, treasury, credit, financial operations, compliance, accounting, and investor engagement. As Formic scales nationally, Finance ensures capital is deployed intelligently, portfolio performance remains strong, and the company maintains long-term financial resilience.
Finance operates at the center of strategy and execution. It connects operational performance to capital markets, aligns deployment velocity with balance sheet strength, and supports executive decision-making with rigorous financial insight.
About the role
As Senior Manager, Accounting & Controls, you will play a key role in strengthening Formic's Accounting foundation during a period of growth. You will focus on projects critical to the success of the business, identify and implement process improvements, and partner across the Finance organization to help elevate accounting operations. As a technical accounting resource and trusted member of the Finance team, you'll help maintain a strong internal control environment while serving as the primary liaison for cross-functional accounting initiatives.
Reporting to the Associate Director of Accounting Systems & Financial Operations, you will operate as a senior contributor, partnering closely with Finance leadership to maintain financial discipline while continuously improving how Accounting operates as the business scales.
In this role you will
Financial Reporting & Technical Accounting
- Support Formic through its first financial audit, including preparation of audit schedules, account support, reconciliations, and documentation
- Own components of the month-end, quarter-end, and year-end close processes, ensuring timely and accurate financial reporting in accordance with US GAAP
- Prepare complex technical accounting transactions, including revenue recognition (ASC 606), lease accounting (ASC 842), and equity-based compensation (ASC 718)
- Be...
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