What are the responsibilities and job description for the Sr. Accounting Manager position at Twelve Labs, Inc?
Who are we?
At Twelve Labs, we are pioneering the development of cutting-edge multimodal foundation models that have the ability to comprehend videos just like humans do. Our models have redefined the standards in video-language modeling, empowering us with more intuitive and far-reaching capabilities, and fundamentally transforming the way we interact with and analyze various forms of media.
With a remarkable $107 million in Seed and Series A funding, our company is backed by top-tier venture capital firms such as NVIDIA's NVentures, NEA, Radical Ventures, and Index Ventures, and prominent AI visionaries and founders such as Fei-Fei Li, Silvio Savarese, Alexandr Wang and more. Headquartered in San Francisco, with an influential APAC presence in Seoul, our global footprint underscores our commitment to driving worldwide innovation.
We are a global company that values the uniqueness of each person's journey. It is the differences in our cultural, educational, and life experiences that allow us to constantly challenge the status quo. We are looking for individuals who are motivated by our mission and eager to make an impact as we push the bounds of technology to transform the world. Join us as we revolutionize video understanding and multimodal AI.
Why this role?
As the Senior Accounting Manager , you will be the first dedicated hire in Accounting at Twelve Labs. You will play a critical role in bringing the accounting function in house over time, implementing key systems in the financial systems stack, preparing board materials and managing cash. This role will report to the Head of Finance and have visibility and exposure to the founders and rest of the executive team. You will be the in house accounting expert with an opportunity to up-level the entire executive team's accounting knowledge.
A typical day at Twelve Labs for this role would look like this :
- Manage the close process in partnership with our external accounting firms. Over time this person will have the opportunity to lead the transition of externally managed accounting to internally managed.
- Oversee accounts payable, employee reimbursements, accounts receivable and other working capital tasks
- Develop a financial systems roadmap with the Head of Finance along with leading or contributing to the implementation of any of those systems
- Collaborate with the Head of Finance the executive team on accounting policies (e.g. Revenue Recognition policy) while ensuring all policies are in compliance with the appropriate accounting standards (e.g. ASC 606)
- Take on ad hoc / unplanned projects from a wide range of areas such as Cost of Revenue, Stock Based Comp or Treasury
- Prepare Twelve Labs for its first audit sometime in the future
This role might be for you if you have some of the following :
Even if there are a few checkboxes that aren't ticked through your prior experience, we still encourage you to apply! If you are a 0-to-1 achiever, a ferocious learner, and a kind and fun team player who motivates others, you will find a home at Twelve Labs.
We welcome applicants from all walks of life and are committed to equal-opportunity employment. We cherish and celebrate diversity not just because it is the right thing to do, but because it makes our company much stronger.
Benefits and Perks
An open and inclusive culture and work environment.
Work closely with a collaborative, mission-driven team on cutting-edge AI technology.
Full health, dental, and vision benefits
Extremely flexible PTO and parental leave policy. Office closed the week of Christmas and New Years.
Remote-flexible, offices in San Francisco and Seoul and coworking stipend
VISA support (such as H1B and OPT transfer for US employees)
