Location: Remote (U.S. preferred)
Engagement: Fractional / Full-time (15 hrs per month initially)
Contract Type: Independent contractor
Refacture Inc. is an advanced manufacturing and materials recovery company building industrial facilities in the United States and Europe. The company is venture-backed and currently operates a multi-entity structure including a U.S. parent company and a Norwegian subsidiary.
We are seeking an experienced Fractional Controller to oversee financial reporting, GAAP compliance, and financial controls while working alongside our accounting/bookkeeping team.
This role is focused on financial oversight, review, and reporting, not day-to-day bookkeeping.
The ideal candidate has experience supporting venture-backed startups with SAFE notes, international subsidiaries, grant funding, and capital projects.
Key Responsibilities
Financial Oversight
- Review and supervise monthly accounting prepared by the bookkeeping team.
- Ensure financial statements are prepared in accordance with U.S. GAAP.
- Maintain integrity of the general ledger and financial reporting processes.
Financial Reporting
- Review monthly financial statements including:
- Income Statement (GAAP)
- Balance Sheet (GAAP)
- Cash Flow Statement (Indirect Method)
- Ensure investor-grade financial reporting and documentation.
- Assist with preparation of periodic financial updates for investors and the Board.
Venture Accounting
- Oversee proper accounting treatment for:
- SAFE notes and convertible instruments
- Equity issuances and option grants
- Capital contributions and intercompany transactions
Capital Projects Accounting
- Review accounting for Construction-in-Progress (CIP) and capitalized equipment purchases.
- Ensure correct capitalization vs. expense treatment under GAAP (ASC 360 / ASC 730).
International Consolidation
- Support consolidation of foreign subsidiary financials (Refacture AS – Norway).
- Review intercompany accounting and currency considerations.
Grant Accounting
- Provide guidance on accounting for government grants and innovation funding programs.
- Ensure appropriate treatment of grant-funded capital expenditures.
Financial Controls
- Establish internal financial controls appropriate for a scaling startup.
- Maintain clear audit trail and documentation within the ERP system.
Collaboration
- Work closely with:
- CEO
- bookkeeping team
- external CPA firm
Requirements
Must-Have
- CPA or equivalent professional accounting qualification.
- 7+ years accounting experience with venture-backed startups or technology companies.
- Strong knowledge of U.S. GAAP financial reporting.
- Experience with:
- SAFE notes and convertible securities accounting
- startup equity structures
- financial statement preparation
- Experience overseeing accounting teams or bookkeepers.
- Comfortable working directly with founders and small teams.
Interested?
Send a short description of your background and experience, or give us a call for an informal conversation.
Contact: hr@refacture.com