Assistant Controller

Babel Street is the trusted technology partner for the world’s most advanced identity intelligence and risk operations. We deliver advanced AI and data analytics solutions providing unmatched, analysis-ready data regardless of language, proactive risk identification, 360-degree insights, high-speed automation, and seamless integration into existing systems. Babel Street empowers government and commercial organizations to transform high-stakes identity and risk operations into a strategic advantage.  The actionable insights we deliver safeguard lives and protect critical assets around the world.  Babel Street is headquartered in Reston, Virginia, with regional offices in Boston, MA and Cleveland, OH, and international offices in Australia, Canada, Israel, Japan, and the U.K. For more information, visit www.babelstreet.com. 

About the role:

Position Summary: The Assistant Controller will play a critical role in the financial operations of Babel Street, supporting the Controller in all aspects of accounting, financial reporting, and internal controls. This position requires a highly analytical and detail-oriented individual with strong leadership potential, capable of managing complex financial tasks and contributing to strategic financial planning. The Assistant Controller will be instrumental in ensuring the accuracy and integrity of financial data, optimizing accounting processes, and ensuring compliance with all relevant regulations, directly contributing to our mission of providing trusted intelligence. 

What you will do:

Financial Reporting & Analysis: 

• Assist in the preparation of accurate and timely monthly, quarterly, and annual financial statements in accordance with GAAP.
• Support the Controller in analyzing financial data, identifying trends, and providing insights to senior management, including detailed budget vs. actual and departmental analyses.
• Perform comprehensive revenue analysis across various customer segments and product lines, including managing contract-based revenue recognition. 

 General Ledger Management & Month-End Close: 

• Lead and actively participate in the efficient execution of month-end and year-end close processes, ensuring deadlines are met.
• Oversee the review and approval of journal entries and account reconciliations, ensuring accuracy for complex areas such as accrued expenses and commissions.
• Maintain the integrity of the general ledger through diligent transaction coding and timely adjustments.
• Execute necessary recurring and ad-hoc journal entries, including amortization of various prepaids and deferred costs, fixed asset depreciation, intercompany adjustments, and accruals for significant expenses like interest, marketing, and bonuses.
• Proactively identify and correct miscoded items and streamline closing procedures. 

 Technical Accounting, including Revenue Recognition, and Internal Controls: 

• Manage the end-to-end revenue recognition process in accordance with ASC 606, including the review and approval of revenue arrangements, maintaining deferred revenue waterfalls, and performing manual adjustments for contract modifications.
• Ensure proper billing schedules are maintained and reconcile unbilled receivables balances.
• Perform technical accounting analysis including accounting for acquisitions, consolidations, foreign currency transactions and translations, leases, compensation, debt and equity, and other complex transactions
• Implement and maintain robust internal controls to safeguard company assets and ensure the accuracy and reliability of financial data. 

 Cash Flow & Expense Management: 

• Oversee the accurate posting of cash receipts.
• Serve as the primary approver for vendor bills, ensuring correct coding, proper amortization setup, and adherence to contractual terms.
• Oversee and reconcile corporate credit card transactions, including verifying charges against receipts and ensuring proper coding and synchronization with the accounting system.
• Collaborate with various departments to ensure all financial transactions, including travel-related expenses, are properly accounted for. 

 Compliance & Audit Support: 

• Ensure strict compliance with GAAP, tax regulations (including sales and use tax filings), and internal company policies.
• Act as a key liaison for internal and external audits, preparing documentation and responding to inquiries.
• Continuously monitor and adapt to changes in accounting regulations and best practices.
• Perform periodic reviews of reconciliations and accruals to ensure completeness and accuracy. 

 Team Leadership & Process Improvement: 

• Supervise and mentor junior accounting staff, fostering their professional development.
• Drive continuous improvement initiatives within the finance department, including optimizing accounting systems and workflows.
• Collaborate cross-functionally to support broader organizational goals and special projects. 

What you will bring:

• 5+ years of progressive experience in accounting or finance roles, with at least 2 years in a supervisory or senior accountant capacity.
• 3+ years of working experience in a high-growth backed software and/or subscriptions business, ideally one with institutional investors including private equity, venture capital and/or institutional debt lenders
• Demonstrated experience with comprehensive month-end close processes, including complex accruals, amortizations, and intercompany transactions.
• Strong background in revenue recognition principles and practical application. 

 Technical Skills: 

• Strong proficiency in enterprise-level accounting software, ideally NetSuite.
• Expert-level Microsoft Excel and systems skills.
• Experience with expense management and corporate card platforms (e.g., Ramp or something similar) is essential.
• Demonstrated expertise working with CRM systems (e.g., Salesforce) for contract review and revenue recognition.
• Experience with close management tools (e.g., FloQast) and data analytics platforms (e.g., Datarails) is a plus. 

 Knowledge: 

• Thorough understanding of Generally Accepted Accounting Principles (GAAP).
• Solid knowledge of internal control frameworks.
• Familiarity with tax regulations and sales and use tax filings.  

Soft Skills: 

• Excellent analytical and problem-solving skills with keen attention to detail.
• Strong communication and interpersonal skills and team orientation.
• Proven ability to work independently, manage multiple priorities, and meet strict deadlines in a fast-paced environment.
• Strong leadership potential and a proactive, improvement-oriented mindset.
• Strong work ethic and deadline orientation 

Benefits at Babel Street (just to name a few...)

• Health Benefits: Babel Street covers 85-100% monthly premium costs for Medical, Dental, Vision, Life & Disability insurances – for you and your family!
• Retirement Plans: Babel Street offers both a Traditional and Roth 401(K) with a very competitive match.
• Unlimited Flexible Leave: We trust our employees to manage their own time and balance their personal and work lives.
• Holidays: Babel Street provides employees with 12 paid Federal Holidays
• Tuition Reimbursement: We are committed to investing in our employees. One way we do that is with our Tuition Reimbursement Program for continuing education.                 

Babel Street is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Further, Babel Street will not discriminate against applicants for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co‐worker, Pay Transparency Nondiscrimination. In addition, Babel Street's policy is to provide reasonable accommodation to qualified employees who have protected disabilities to the extent required by applicable laws, regulations and ordinances where a particular employee works. Upon request, we will provide you with more information about such accommodations.