Controller/CFO

Beta Hatch - Cashmere, WA

Full-time

Controller/CFO

Beta Hatch (www.betahatch.com), is a pioneering biotechnology company, and the U.S. leader in the industrialization of mealworm production for animal feed. Mealworms are a quiet, non-biting beetle that lives in relatively dry and clean environments. We are seeking an experienced Controller to work at our flagship facility in Cashmere, WA.

About Beta Hatch:

At Beta Hatch, our goal is to disrupt the $400B animal feed industry by providing more sustainable nutrients for our livestock and crops. Our vision is to build indoor insect rearing facilities that generate a sustainable high-protein feed ingredient at industrial scales. Nutrient balanced fertilizer is a by-product of growing insects. At Beta Hatch, we know bugs better than anyone and we use our expertise in entomology, engineering and indoor agriculture to grow the most efficient and nutritious insects.

Position Description:

Are you excited about disrupting agriculture with indoor farming? Do you have experience with finance in a manufacturing environment? We are looking for an experienced Controller to join our team!

Beta Hatch is currently seeking a skilled and experienced full-time, salaried Controller. Reporting directly to the CEO, the chosen candidate will manage all financial elements of the business, with overall responsibilities for P&L, balance sheet, taxes, cost accounting in operations and budgets. Candidate will collaborate with CEO and COO to track costs of operations, set budgets, direct financing strategy including securing debt, and support in all finance-related activities. This role requires management of outside accounting and book-keeping resources. As the core financial lead for Beta Hatch, the candidate should also show aptitude for strategic planning in finance, and be a strong candidate for promotion into a Chief Financial Officer title.

Responsibilities:

  • Establish, maintain and enforce documented accounting procedures.
  • Maintain Good Accounting Practices within operations at the flagship (Cashmere) and pre-commercial facilities (SeaTac).
  • Establish cost-of-goods and tracking of expenses to establish product pricing.
  • Support operations in key decisions to reduce costs of production and inform analysis of operating costs in technology considerations.
  • Administration of financial elements of federal and state grants and projects.
  • Develop budgets for the Company, and ensure the Company stays within budget.
  • Cashflow analysis to assist in financing decisions, as well as primary responsibility for cash management.
  • Securing financing, including debt, project finance and venture capital for continued scaling and growth of the Company.
  • Work with CEO to design financing strategy for multi-year objectives.
  • Manage and supervise outside accounting and book-keeping resources.
  • Responsibility for transactions, reporting and compliance including audits.

Qualifications:

Required:

  • 5+ years of experience as a Controller/CFO with primary responsibilities for finance of a business.
  • 2+ years of experience working with cost accounting in a manufacturing or food processing capacity.
  • Fluency in Quickbooks and other accounting software.
  • Advanced degree in Accounting/Finance.
  • Experience securing debt and developing a multi-tiered finance strategy for growth.
  • CPA or CMA preferred.
  • Experience with general ledger functions, financial statement creation and with audit preparation.
  • Preparation of financial statements for audit, taxes and annual reporting.

Desired:

  • Experience in a high-growth startup environment.
  • Experience with venture capital and equity investments.
  • Experience handling federal and state grants, and compliance with government finance and accounting practices.
  • Knowledge of compliance requirements for Securities and Exchange Commission (SEC) reporting.

Compensation:

This is a full-time salaried position. Beta Hatch offers competitive compensation, with salary dependent on experience. This position is eligible for Beta Hatch benefits (Healthcare, Dental, and Life Insurance, 401(k), and Paid Time Off) as per company policy.

How to Apply:

Please send a resume and cover letter, explaining your interest in the position and why you are uniquely qualified. In your application please also answer the following questions:

  • Tell us about your experience with cost accounting in a manufacturing environment and how you contributed to reducing costs.
  • Describe your approach to establishing new accounting practices and working with a team to establish these practices.

Applications that do not follow the above directions will not be reviewed.

We look forward to hearing from you.

Job Type: Full-time

Experience:

  • high growth startup: 2 years (Preferred)
  • federal and state grant: 1 year (Preferred)
  • SEC reporting & compliance requirements: 1 year (Preferred)
  • Cost Accounting: 2 years (Required)
  • general ledger, financial statement creation and audit prep: 2 years (Required)
  • QuickBooks: 1 year (Preferred)
  • venture capital & equity investments: 2 years (Preferred)
  • Controller: 5 years (Required)

Education:

  • Bachelor's (Required)

License:

  • CPA or CMA (Required)

Work Location:

  • One location

Benefits:

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Retirement plan
  • Paid time off
  • Parental leave