Controller Job at Ozlo, Massachusetts

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  • Ozlo
  • Massachusetts

Job Description

Who we are:

Ozlo is a Boston-based healthtech start-up that's revolutionizing digital care for better sleep. We are developing and manufacturing an ecosystem of sleep solutions – including the Ozlo Sleepbuds ® – that use sophisticated technology and sound to unlock restorative sleep.

We have a compelling and credible vision to improve the lives of millions of people around the world. We are scaling a new version of an already successful consumer wellness product, creating a truly game-changing experience for customers and eventually, patients. We’re venture funded, and our crowd-funding campaign on Kickstarter and Indiegogo set all-time records by raising more than $8M from nearly 30,000 backers. See our launch video and promotional video .

What we’re building:

Our first-generation Sleepbuds ® are an award-winning consumer wellness product, and we already have strong clinical data to support consumer wellness efficacy claims. Our next clinical trial – targeting a massive and currently untreatable health issue – is scheduled to begin in the coming few months. In parallel, we’ve begun working on our next-gen hardware platform, which will include medical-grade biometric sensors and full regulatory compliance, which will be our springboard into reimbursable digital therapeutics.

What we’re looking for:

In Ozlo’s early days, we outsourced finance to a fractional team. As we grew, we added a full-time Head of Finance, with continued fractional support. With further growth still, it’s time to pull more of this outsourced workload in-house with our first full-time Controller.

What’s in it for you:  

If you are looking for a change, feeling unappreciated, tired of being a cog-in-a-wheel, yearn to work on a product that truly improves people’s health and wellbeing, and want to do the most-impactful work of your career, then we want to talk with you. As an early employee on a small team, you’ll have significant responsibility and ownership for how we improve and standardize our accounting and reporting capabilities. And as part of a promising, high-growth start-up, you’ll share in any potential future financial upside through our employee stock options. 

Equal Opportunity employer:

We are proud to be an Equal Opportunity workplace and an Affirmative Action employer. We are committed to equal employment opportunity regardless of age, race, color, religion, sex, ancestry, national origin, citizenship, sexual orientation, marital status, disability, gender identity, Veteran status, or other applicable legally protected characteristics.

Benefits:

We’re small but mighty and offer flexible vacation, full medical/dental/vision coverage (company pays premiums in full for employees and qualified dependents), matching 401(k), disability and group life insurance, FSA coverage, wellness reimbursement, flexible (and balanced) hours, a remote or hybrid work policy, employee discounts, and more.

Compensation:

$125,000 - $150,000 base salary per year plus equity. Salary will depend on experience, location, and other factors.

Responsibilities:

The Controller will report to the Head of Finance and have significant influence in many aspects of financial management, including accounting, regulatory compliance, tax management, financial reporting, and budgeting. This person will play a critical role in optimizing financial performance, ensuring accurate and timely reporting, and managing global transactions. The candidate must have experience in the CPG industry with consumer electronics being preferred. As well as a strong understanding of international financial practices, and a hands-on approach suitable for a fast-paced and rapidly growing startup environment.

  • Accounting Operations:
    • Oversee all general accounting functions, including A/R, A/P, and GL, ensuring accurate recording of transactions.
    • Manage the month-end and year-end close processes, ensuring all entries are complete and reconciled.
    • Develop processes for accounting across multiple currencies and ensure compliance with selling products worldwide.
  • Financial Reporting & Analysis:
    • Prepare, analyze, and present monthly, quarterly, and annual financial reports.
    • Develop and manage financial controls and accounting procedures to ensure accuracy and compliance.
    • Provide insights on performance, trends, and budget variances to support strategic decision-making.
  • Financial Planning & Budgeting:
    • Contribute to the annual budgeting and quarterly forecasting processes.
    • Work with executive leadership to set and manage financial goals, KPIs, and benchmarks.
    • Perform cost-benefit analyses for new initiatives, products, and markets.
  • Compliance & Risk Management:
    • Ensure compliance with local, federal, and international regulations, including tax filings and audits.
    • Implement internal controls to mitigate financial risks and safeguard assets.
    • Serve as a point of contact for external audits and work with auditors as needed.
  • Cash Flow & Treasury Management:
    • Monitor cash flow, capital allocation, and working capital needs.
    • Optimize cash management strategies across multiple currencies and international bank accounts.
    • Oversee foreign exchange (FX) management and hedging strategies as needed.
  • Systems & Process Optimization:
    • Evaluate and improve financial systems, tools, and processes to increase efficiency and scalability.
    • Work closely with technology and operations teams to integrate financial systems with other business systems (e.g., ERP, CRM).
    • Lead or support financial projects such as ERP implementations or upgrades as the company grows.

Qualifications:

  • Experience: 7+ years of experience in a similar role, preferably within a startup or high-growth CPG or CE (consumer electronics) environment.
  • Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA preferred. MBA is a plus.
  • Accounting Knowledge: Proficiency in managing international and multi-currency transactions, with strong knowledge of GAAP and IFRS.
  • Software: Advanced knowledge of accounting software and ERP systems (e.g., NetSuite, QuickBooks, or similar). Experience with Shopify and Amazon sales platforms as well as bill pay software and HR software.
  • Technical Expertise: Comfortable with working with multiple software systems to gather data and information into reporting and insights.
  • Problem-Solving Ability: Strong analytical skills with the ability to synthesize complex data into actionable insights.
  • Communication Skills: Excellent communication skills and the ability to collaborate cross-functionally with leadership and other teams.
  • Adaptability: Ability to thrive in a dynamic start-up environment, adjusting to changing priorities and business needs.

Job Tags

Full time, Local area, Remote job, Worldwide, Flexible hours,

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