Controller

We are looking for a talented controller to join our rapidly growing finance department.

As a controller, you will be responsible for key financial projects vital to Elementor’s success. In addition, you will participate in monthly and annual financial reports preparation.

We are looking for you if you have strong technical skills, accounting and finance knowledge, and the drive to work in a fast-paced environment.

What do we do?

Elementor is the leading website building platform for WordPress professionals.

Our vision is to empower web creators - developers, designers, and marketers, with the ability to create their futures one pixel at a time. We provide our users with everything they need to become successful web creators.

A new website is created every 10 seconds using Elementor!

Since we launched in Israel in 2016, we have expanded to more than 160 countries, with more than 18M websites powered by Elementor. More than 12% of all websites around the world are built using Elementor!

How do we do it?

At Elementor, we're building the future of web creation.

We believe in empowering both our employees and our users.

Elementor is a place where you can truly grow professionally and personally.

Creativity, friendship, curiosity, motivation, and professionalism are the driving force behind our journey. We take great pride in Elementor's constant scaling

Responsibilities

Global Cash Management and Liquidity:

• Manage daily cash positioning, monitor bank balances, and manage the company cash transfers process to ensure optimal liquidity across all global bank accounts.
• Review monthly bank accounts reconciliation for all operating accounts, investigating and resolving discrepancies promptly.
• Prepare and maintain short-term and medium-term cash flow forecasts.

Monthly closing process:

• Ensure the accurate reconciliation and closure of cash accounts in the general ledger.
• Manage accruals and analyze their impact on financial reports.

Payment Processing and Clearers:

• Own and manage the end-to-end payment process from execution through to posting, ensuring adherence to internal controls.
• Monitor the transactions from various payment service providers (PSPs) (e.g., Stripe, PayPal, EBANKS) and the bookkeepers' reconciliations.
• Analyze and account for transaction fees, interchange costs, and settlement variances.

Financial Risk Management (Hedging):

• Manage the operational aspects of the company’s FX hedging program, primarily focusing on foreign currency risk exposure arising from collections and disbursements.
• Execute foreign exchange spot and forward transactions with partners.

Virtual Card Programs:

• Serve as the administrator for the company’s virtual credit card (VCC) platforms, managing card issuance, limits, and internal user support.
• Ensure proper control and accounting reconciliation of all virtual card transactions and refunds.
• Develop and implement internal policies and controls related to the usage of VCCs.
• Execute foreign exchange spot and forward transactions with partners.

Revenues:

responsible for ensuring the accuracy and completeness of all revenue streams in compliance with relevant accounting standards.

• Completeness and Accuracy: Be responsible for the completeness and accuracy of recorded revenue, performing detailed reconciliations and analysis to ensure all earned revenue is properly captured in the correct period.
• Journal Entries: Prepare and review monthly revenue-related journal entries, including deferred revenue and accrued revenue entries.
• Audit Support: Assist in external and internal audits by preparing supporting documentation and schedules related to revenue, deferred revenue, and accounts receivable.
• Reporting: Prepare periodic revenue analysis reports for management, highlighting key trends and variances.
• Revenue Recognition- Own the end-to-end revenue recognition process.
• Process Improvement: Identify and implement improvements to the revenue accounting process and related internal controls.

Requirements:

• 3-5 years of experience in the Big Four AND a global Company
• A significant advantage to experience in B2C startups/SAAS Companies
• Bachelor’s degree in accounting, CPA qualification
• Internship in one of the big 4 at Hi-Tech department- must
• Strong knowledge of US GAAP, and Tax reporting requirements (sales tax and Euro vat - advantage)
• Reliable and able to carry out tasks autonomously and collaboratively
• Excellent English – written and verbal
• Ability to thrive in a fast-paced, dynamic work environment
• Strong knowledge of Microsoft Excel

Podcast:

Our shiny podcast “Elementalks” will give you a glimpse behind the scenes of the various at !

Who are the people working here? What is the best way to integrate into a specific team? Click here for all the episodes and find out.

https://elemn.to/elementalks

Here at Elementor, we encourage our employees to express their personality and identity (whether gender, ethnic, religious, or sexual), and we ensure fairness and equal opportunities. Our hybrid work model is designed to support performance while respecting individual needs.