opengreenhouseinitialized
Staff Accountant - Audit & Technical Accounting
Formic
LocationChicago || Bolingbrook, IL, Bolingbrook / Chicago
Last observed2026-06-13 05:23:41.012622
Job idinitialized-formic:greenhouse:4671981006
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 underpins the infrastructure of our Robotics-as-a-Service model. It is responsible for financial operations, treasury, capital strategy, credit, compliance, accounting, and customer financial servicing. As Formic scales nationwide, Finance plays a central role in ensuring disciplined capital deployment, strong portfolio performance, and long-term financial durability. About the Role As Staff Accountant - Technical Accounting, you will play a key role in helping build and scale Formic’s accounting function during a pivotal stage of company growth. This role is a strong fit for someone coming out of public accounting who wants broader exposure, more ownership, and the opportunity to make a tangible impact in a fast-moving environment. You’ll apply the technical foundation you’ve built in audit and advisory work while gaining hands-on experience across operational accounting, audit readiness, technical accounting, and process improvement. You will work hands-on across audit, technical accounting, and complex transactions, while also helping modernize the finance function through automation and AI-enabled tools. Rather than stepping into a narrowly defined role, you’ll have the opportunity to contribute across multiple areas of the function and grow your scope over time. This is an opportunity to join a high-growth company where you can continue developing technically while also building the operational and strategic experience that’s difficult to gain in public accounting alone. In this role you will: Audit & Controls: Prepare audit schedules and reconciliations, including gathering supporting documentation Partner directly with auditors to respond to requests and ensure efficient audit execution Strengthen internal controls and elevate documentation standards across the accounting function Identify and implement improvements to audit readiness, accuracy, and efficiency Technical & Specialized Accounting: Research, document, and support the execution of technical accounting areas (e.g., revenue recognition, lease accounting, R&D tax credit) Contribute to accounting and reporting for complex transactions and new initiatives (e.g., securitization-related reporting) Maintenance expense tracking and review, including policy review and improvements Ensure accurate and consistent application of accounting policies across evolving business activities Partner cross-functionally to support accurate, timely financial reporting Support and improve monthly, quarterly, and annual close processes Technology- and AI-driven Process Improvement: Identify and drive opportunities to automate reconciliations, reporting, and workflows Support implementation and adoption of AI-enabled accounting tools and financial systems Improve processes to reduce manual work, increase accuracy, and enhance scalability Bring forward AI-enabled and process efficiency ideas and actively contribute to building a more modern, tech-enabled finance function What Makes You a Great Fit: Bachelor’s degree
This page is generated from the committed OpenOpps static snapshot. Use the source posting or apply link for the employer's current canonical posting state.