Back to jobs
F

Formic

Staff Accountant - Technical Accounting

Chicago || Woodridge, ILRemote-friendlySeniorFull-timeFinancePosted 3 days ago

The role

What you'll do

  • As Staff Accountant - Technical Accounting, you will play a key role in building and scaling Formic’s accounting function. This role combines hands-on execution and ownership of core accounting areas, while diving into complex, technical topics and helping shape how the function evolves.
  • This role is designed for someone coming out of public accounting who is ready to step into a more dynamic environment: one where you can apply your technical foundation, operate with autonomy, and make a tangible impact on systems, processes, and outcomes.
  • 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. This role offers strong potential to expand your scope and grow alongside the business as Formic scales.
  • Audit & Controls:
  • Prepare audit schedules and reconciliations, including gathering supporting documentation
  • Partner directly with auditors to respond to requests and ensure efficient audit execution
  • Strengthen internal controls and elevate documentation standards across the accounting function
  • Identify and implement improvements to audit readiness, accuracy, and efficiency
  • Technical & 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 improvements
  • Ensure accurate and consistent application of accounting policies across evolving business activities
  • Partner cross-functionally to support accurate, timely financial reporting
  • Support and improve monthly, quarterly, and annual close processes
  • Technology- and AI-driven Process Improvement:
  • Identify and drive opportunities to automate reconciliations, reporting, and workflows
  • Support implementation and adoption of AI-enabled accounting tools and financial systems
  • Improve processes to reduce manual work, increase accuracy, and enhance scalability
  • Bring forward AI-enabled and process efficiency ideas and actively contribute to building a more modern, tech-enabled finance function

The team

Who you'll work with

Formic’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.

The company

About Formic

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.

Additional notes

Other

Who we are:

What Makes You a Great Fit:

Bachelor’s degree in Accounting or Finance

2–5+ years of accounting experience (public accounting preferred)

Strong understanding of US GAAP

Proven success supporting audits or financial reporting

Experience with automation, systems, or AI applications within finance

Proficiency in Excel and strong analytical skills

Experience with ERP systems (e.g., NetSuite, SAP, Oracle)

Exposure to revenue recognition (ASC 606), lease accounting (ASC 842), credit losses (ASC 326)

Experience in a high-growth or technology-driven environment is a plus

What This Role Offers

Accelerated career growth in a rapidly scaling, high-impact environment

Broad exposure across audit, technical accounting, and complex transactions

The opportunity to build and improve systems and processes, not just maintain them

Hands-on involvement in AI and automation within finance

Opportunity to help shape the foundation of the finance function at a category-defining company

Our Total Rewards:

At Formic, we believe people do their best work when they feel supported both professionally and personally. That’s why we offer a comprehensive benefits and perks package for full-time, U.S.-based team members, including:

Equity in Formic: Participate in our stock option program and share in the success of a fast-growing start-up backed by leading global investors

Competitive & Uncapped Commission Structure: Designed to reward performance and impact in commission-eligible roles

Comprehensive 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 available

Additional Insurance Benefits: FSA and DCFSA, life insurance, short-term disability, and long-term disability through Unum, all 100% employer-paid

Employee Assistance Program (EAP): Fully funded by Formic, offering support when you need it most

Paid Parental Leave Program: Up to 12 weeks of paid parental leave

Company-sponsored 401(k): Invest in your future with our company-facilitated retirement savings plan

Home Office Stipend: A one-time allowance for fully remote and hybrid employees to support an at-home or on-the-road work setup

Monthly Cell Phone Reimbursement: Monthly stipend toward personal phone and internet expenses

Flexible Time Off: Take the time you need, when you need it, supported by our flexible PTO policy

Compensation Philosophy

Ready to apply?

Go straight to Formic.

Apply on company site