Panax- Financial Controller

Panax is a well-funded Series A Fintech startup based in Tel Aviv and New York. Our mission is to help companies transform complex cash management into a strategic opportunity, enabling finance teams to control, optimize, and elevate financial performance across borders. We're building a next-generation cash flow management platform that empowers finance teams with the clarity and tools they need to lead with confidence.

We’re looking for a hands-on Financial Controller to lead accounting operations, drive financial planning, and scale processes and systems across the company. You’ll work closely with the VP Finance and cross-functional teams, delivering accurate financial reporting, actionable insights, and supporting strategic growth. While this is initially a hands-on, execution-driven role, as the company grows you’ll gradually take part in building and mentoring a finance team, and play a larger role in strengthening financial governance, investor reporting, and strategic decision-making.

Responsibilities:

Financial Operations & Reporting:

Own and manage day-to-day accounting operations (GL, AR, AP, and revenue recognition).
Work closely with the external bookkeeping team to ensure accurate, timely, and compliant financial records.
Ensure full compliance with US GAAP and ASC 606 SaaS revenue standards.
Lead monthly and quarterly close cycles, delivering accurate and timely financial statements.
Support external audits, tax filings, and statutory reporting.
Assist with developing and enforcing internal controls and scalable accounting policies.
Lead the enhancement and integration of financial systems, with ownership of Priority ERP.
Drive continuous improvement in accounting workflows and financial visibility.

Financial Planning & Analysis (FP&A):

Partner closely with the VP Finance on budgeting, forecasting, and variance analysis.
Translate financial data into strategic insights that drive growth and efficiency.
Build and maintain robust financial models in Excel and other tools to support decision-making and scenario planning.
Build and monitor SaaS KPIs and operational dashboards.

Requirements:

3-5 years of progressive experience in accounting and finance, ideally within a SaaS or technology company.
CPA with a Big 4 firm experience
Proven experience in SaaS revenue recognition (ASC 606) and subscription-based business models - Strong advantage.
Advanced experience with Priority ERP (required); NetSuite is a significant plus.
Strong FP&A capabilities and financial modeling skills.
Excellent analytical, organizational, and communication abilities.
Hands-on, proactive, and comfortable working in a fast-paced, evolving startup environment.
Passionate about technology, process optimization, and scalable finance operations.
Excellent English communication skills.

Team8:
Panax