Controller

Who we are at Osmo :

Osmo is a digital olfaction company, on a mission to give computers a sense of smell to improve the health and wellbeing of human life. Why? Our sense of smell both enriches and saves lives, and has a deep and direct connection to our emotions and memory. Vision and hearing have been digitized, but not scent. It's time we solve this. We're bringing an unprecedented combination of software, data, hardware and capital to the historic challenge of giving computers a sense of smell.

We believe in the power of automation and carefully applied AI / ML to solve problems that are beyond what the unaided human mind can tackle on its own. In the first phase of our development, we are using our map of odor along with cutting-edge generative AI to create the next generation of aroma molecules (e.g., the ingredients in the fragrances we wear and the products we use). Beyond fragrance machine olfaction has application across many industries, including manufacturing, military, medicine, and more. Working for Osmo means solving problems using digital olfaction for these customers. We're a hybrid company with our headquarters in New York, NY, a new facility under construction in central New Jersey, and offices in Somerville, MA.

Osmo is seeking a Controller who will own and drive the financial operations and compliance of a fast-paced, multi-location organization. Reporting to the Operations group, you will oversee accounting, financial reporting, and compliance to support strategic decision-making for a growing company with locations in NY, NJ, and MA, and a distributed workforce. This is a unique opportunity to grow a robust finance function in a mission-driven, innovative environment.

Key Responsibilities

• Lead and oversee all accounting operations, including general ledger, accounts payable, accounts receivable, payroll, revenue management, and tax compliance.
• Ensure timely and accurate financial reporting, including the preparation of monthly, quarterly, and annual financial statements.
• Develop and maintain internal controls, policies, and procedures to safeguard assets and ensure compliance with GAAP and applicable regulations.
• Manage the annual audit process, working closely with external auditors and ensuring audit readiness and compliance.
• Oversee and optimize cost management practices across cloud infrastructure, hardware, and software development.
• Collaborate with technical teams to assess and refine cost models for research including AI model training, molecular discovery, and scaled data generation.
• Establish and maintain scalable accounting frameworks for differentiating and managing R&D expenses and capitalized development costs, ensuring compliance with GAAP and other regulatory standards.
• Manage amortization schedules for proprietary technologies and hardware investments.
• Oversee licensing structures and agreements to optimize costs and maximize value for proprietary technology and intellectual property.
• Partner with cross-functional teams (machine learning, chemistry, engineering, manufacturing, etc) to ensure alignment of financial operations with business objectives, providing actionable insights and recommendations.
• Develop scalable financial processes and systems to support growth and operational efficiency across multiple locations and a distributed workforce.
• Monitor cash flow, budgeting, and forecasting processes to ensure financial stability and support long-term strategic goals.
• Lead compliance efforts for financial reporting, tax regulations, and other statutory requirements across various jurisdictions.

Required Qualifications

Nice to Haves

If this role inspires you we'd encourage you to apply. We are committed to recruiting, developing, and retaining an incredible team optimized for a diversity of thought, background, and approaches. All employment decisions and responsibilities are determined based on current ability and your ability to grow, without regard to race, color, gender identity, sex, sexual orientation, religion, age, marital status, physical, mental, or sensory disability, or any other characteristic protected by applicable law.

Recruitment & Staffing Agencies : Osmo does not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Osmo or its employees is strictly prohibited unless contacted directly by the Osmo Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Osmo and Osmo will not owe any referral or other fees with respect thereto.