Staff Accountant - Audit & Technical AccountingChicago || Bolingbrook, ILWho we are:Formic is on a mission to reshape American manufacturing by making automation accessible to every factory. As labor constraints rise, costs increase, and global competition intensifies, automation is no longer optional for manufacturers that want to stay competitive.We deliver automation through a Robotics-as-a-Service model that combines industrial robotics, proprietary software, and full-service support into a single, integrated solution. By removing the traditional barriers of cost, complexity, and risk, we enable manufacturers to deploy automation quickly and realize measurable gains in throughput, safety, and operational efficiency without large upfront capital investment.Backed by leading investors including Lux Capital, Initialized Capital, Blackhorn Ventures, and Mitsubishi HC Capital North America, Formic is scaling rapidly and building the foundation for a new era of high-performance, Made in America production.About the TeamFormic's Finance team underpins the infrastructure of our Robotics-as-a-Service model. It is responsible for financial operations, treasury, capital strategy, credit, compliance, accounting, and customer financial servicing. As Formic scales nationwide, Finance plays a central role in ensuring disciplined capital deployment, strong portfolio performance, and long-term financial durability.About the RoleAs Staff Accountant - Technical Accounting, you will play a key role in helping build and scale Formic's accounting function during a pivotal stage of company growth.This role is a strong fit for someone coming out of public accounting who wants broader exposure, more ownership, and the opportunity to make a tangible impact in a fast-moving environment. You'll apply the technical foundation you've built in audit and advisory work while gaining hands‑on experience across operational accounting, audit readiness, technical accounting, and process improvement.You will work hands‑on across audit, technical accounting, and complex transactions, while also helping modernize the finance function through automation and AI‑enabled tools. Rather than stepping into a narrowly defined role, you'll have the opportunity to contribute across multiple areas of the function and grow your scope over time.This is an opportunity to join a high‑growth company where you can continue developing technically while also building the operational and strategic experience that's difficult to gain in public accounting alone.In this role you will:Audit & Controls:Prepare audit schedules and reconciliations, including gathering supporting documentationPartner directly with auditors to respond to requests and ensure efficient audit executionStrengthen internal controls and elevate documentation standards across the accounting functionIdentify and implement improvements to audit readiness, accuracy, and efficiencyTechnical & Specialized Accounting:Research, document, and support the execution of technical accounting areas (e.g., revenue recognition, lease accounting, R&D tax credit)Contribute to accounting and reporting for complex transactions and new initiatives (e.g., securitization‑related reporting)Maintenance expense tracking and review, including policy review and improvementsEnsure accurate and consistent application of accounting policies across evolving business activitiesPartner cross‑functionally to support accurate, timely financial reportingSupport and improve monthly, quarterly, and annual close processesTechnology‑and‑AI‑driven Process Improvement:Identify and drive opportunities to automate reconciliations, reporting, and workflowsSupport implementation and adoption of AI‑enabled accounting tools and financial systemsImprove processes to reduce manual work, increase accuracy, and enhance scalabilityBring forward AI‑enabled and process efficiency ideas and actively contribute to building a more modern, tech‑enabled finance functionWhat Makes You a Great Fit:Bachelor's degree in Accounting or Finance2–5+ years of public accounting experience (Big4 preferred)Strong understanding of US GAAPProven success supporting audits or financial reportingExperience with automation, systems, or AI applications within finance preferredProficiency in Excel and strong analytical skillsExperience with ERP systems (e.g., NetSuite, SAP, Oracle)Exposure to revenue recognition (ASC606), lease accounting (ASC842), credit losses (ASC326)Experience in a high‑growth or technology‑driven environment is a plusWhat This Role OffersA strong transition opportunity from public accounting into a high‑growth operating environmentBroad exposure across technical accounting, audit readiness, operational accounting, and complex transactionsMeaningful ownership and visibility early in your careerThe opportunity to help build and improve processes as the company scales — not just maintain existing onesHands‑on experience with automation and modern finance systemsAccelerated career growth and the ability to expand your scope alongside the businessExposure to a fast‑scaling technology company at a pivotal stage of growthOur Total RewardsEquity in Formic: Participate in our stock option program and share in the success of a fast‑growing start‑up backed by leading global investorsCompetitive & Uncapped Commission Structure: Designed to reward performance and impact in commission‑eligible rolesComprehensive Healthcare Coverage: Medical, dental, and vision insurance through Blue Cross Blue Shield and Unum, with 99% of employee premiums covered and 75% coverage for dependents, with optional buy‑up plans availableAdditional Insurance Benefits: FSA and DCFSA, life insurance, short‑term disability, and long‑term disability through Unum, all 100% employer‑paidEmployee Assistance Program (EAP): Fully funded by Formic, offering support when you need it mostPaid Parental Leave Program: Up to 12 weeks of paid parental leaveCompany‑sponsored 401(k): Invest in your future with our company‑facilitated retirement savings planHome Office Stipend: A one‑time allowance for fully remote and hybrid employees to support an at‑home or on‑the‑road work setupMonthly Cell Phone Reimbursement: Monthly stipend toward personal phone and internet expensesFlexible Time Off: Take the time you need, when you need it, supported by our flexible PTO policyCompensation PhilosophyFormic's pay and equity packages are thoughtfully benchmarked against peer companies at a similar growth stage. Equity represents a meaningful part of our mutual investment: when Formic succeeds, so do you.Final offers are customized based on experience, geographic location, market considerations, and a candidate's preferred balance of cash and equity. Our goal is to attract and reward top talent who will have significant impact, and we are open to thoughtful discussions to align on the right structure.Compensation Range:$80,000 - $110,000 USDEqual Opportunity EmploymentFormic is an equal opportunity employer. We do not discriminate on the basis of race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions are based on a person's merit, business needs, and role requirements. If you require further accommodations or have questions regarding accessibility of our roles, please reach out to careers@formic.co .AI UseAt Formic, fairness and transparency are at the heart of our hiring process. We use AI‑powered tools in some interviews to help our teams evaluate candidate responses, but all final hiring decisions are made by humans. You can learn more about how AI is used in our recruitment process by reviewing our AI Hiring Disclosure linkedhere .#J-18808-Ljbffr
| Location | Chicago, IL (Remote) |
| Salary | $80,000–$110,000 Per Year |