Note: The job is a remote job and is open to candidates in USA. Karmak is hiring a Director of Finance to lead accounting, reporting, treasury, tax, and forecasting, reporting directly to the CFO. The role owns the financial close, audit, ESOP and retirement plan compliance, budgeting, and forecasting, while leading the accounting team and partnering with company leaders and the Board.

Responsibilities

• Hold overall responsibility for the monthly, quarterly, and year-end close and the financial statements; the Senior Accounting Manager runs the day-to-day accounting functions
• Lead the annual external audit from planning through issued statements
• Apply technical accounting for a SaaS business, including ASC 606 revenue recognition, ASC 340-40 contract costs, and ASC 842 leases
• Maintain internal controls, segregation of duties, and written procedures for every recurring process
• Build and run the monthly revenue, operating, and rolling cash flow forecasts
• Lead the annual budget with department heads
• Maintain the long-range financial model and run scenarios for pricing, headcount, and investment decisions
• Report SaaS metrics and budget-vs-actual results with clear explanations of what drove them
• Coordinate the annual ESOP valuation, census, allocations, diversification, and distributions with the trustee, recordkeeper, and valuation firm
• Manage 401(k) nondiscrimination testing and Form 5500 filings for both plans
• Answer plan questions from participants and support benefits renewals with HR
• Manage daily cash, banking relationships, investment portfolio oversight, and debt covenant compliance
• Coordinate federal and state S-corporation tax filings with outside advisors, including R&D capitalization, excise, and sales and use tax
• Support insurance renewals, subsidiary filings, and contract tracking
• Lead and develop the Senior Accounting Manager and the accounting team
• Partner with Sales, Product, and Services leaders on pricing, deal economics, and budgets
• Support acquisitions with diligence, modeling, and integration
• Prepare Board financial materials and build working relationships with the Board, auditors, and lenders

Skills

• 10+ years of progressive accounting and finance experience, including at least 3 years as a Controller or Director of Finance
• Hands-on ownership of a monthly close, an external audit, and debt covenant compliance
• Working knowledge of ASC 606 and ASC 340-40
• Has built and run a driver-based forecast and annual budget, not only reported actuals
• Advanced Excel and financial modeling skills; experience with an FP&A platform
• Has managed and developed people
• Communicates financial results clearly and credibly to executives, auditors, and lenders
• Ideally in software or SaaS
• Experience in an ESOP-owned S-corporation: valuations, repurchase obligations, trustee coordination
• Retirement plan compliance: 401(k) testing and Form 5500 filings
• Multistate tax and Section 174 experience
• Acquisition diligence and integration experience
• Proficiency automating work with scripts or AI tools
• MBA or equivalent strategic finance background

Benefits

• Participation in the Karmak ESOP.
• Health, dental, and vision benefits.
• 401(k).
• Paid time off (HR to confirm details).
• The role is fully remote.
• A clear path to VP of Finance within two to three years, based on results rather than tenure.

Company Overview