Fractional Controller

Refacture, Inc.; Northern (KY); Hybrid; USD 20,000 - 30,000; Part time

Job summary

Refacture Inc. seeks a seasoned Fractional Controller to oversee financial reporting, GAAP compliance, and financial controls while collaborating with our accounting team.

The role focuses on oversight and reporting rather than day-to-day bookkeeping, with experience supporting venture-backed startups, SAFE notes, international subsidiaries, grant funding, and capital projects.

Remote work with US preference; initial engagement around 15 hours per month, independent contractor arrangement.

Qualifications

• CPA or equivalent accounting qualification.
• 7+ years accounting experience with venture-backed startups or technology companies.
• Strong knowledge of U.S. GAAP financial reporting.
• Experience with SAFE notes and convertible securities accounting; startup equity structures.

Responsibilities

• Oversee monthly accounting and ensure GAAP-compliant financial statements.
• Review financial statements including income statement, balance sheet, and cash flow.
• Guide venture accounting for SAFE notes, equity issuances, and intercompany transactions.
• Review CIP and capitalization decisions under ASC 360/ASC 730.
• Support consolidation of foreign subsidiary financials and currency considerations.
• Provide guidance on government grants and grant-funded capital expenditures.
• Maintain internal controls and audit trails within the ERP system.
• Collaborate with CEO, bookkeeping team, and external CPA firm.

Skills

CPA

7+ years accounting experience

US GAAP knowledge

Education

CPA or equivalent

Tools

ERP systems

Excel

Job description

Company: Refacture Inc.

Location: Remote (U.S. preferred)

Engagement: Fractional / Full-time (15 hrs per month initially)

Contract Type: Independent contractor

Refacture Inc. is an advanced manufacturing and materials recovery company building industrial facilities in the United States and Europe. The company is venture-backed and currently operates a multi-entity structure including a U.S. parent company and a Norwegian subsidiary.

We are seeking an experienced Fractional Controller to oversee financial reporting, GAAP compliance, and financial controls while working alongside our accounting/bookkeeping team. This role is focused on financial oversight, review, and reporting, not day-to-day bookkeeping. The ideal candidate has experience supporting venture-backed startups with SAFE notes, international subsidiaries, grant funding, and capital projects.

Key Responsibilities

Financial Oversight

• Review and supervise monthly accounting prepared by the bookkeeping team.
• Ensure financial statements are prepared in accordance with U.S. GAAP.
• Maintain integrity of the general ledger and financial reporting processes.

Financial Reporting

• Review monthly financial statements including:
  • Income Statement (GAAP)
  • Balance Sheet (GAAP)
  • Cash Flow Statement (Indirect Method)
• Ensure investor-grade financial reporting and documentation.
• Assist with preparation of periodic financial updates for investors and the Board.

Venture Accounting

• Oversee proper accounting treatment for:
  • SAFE notes and convertible instruments
  • Equity issuances and option grants
  • Capital contributions and intercompany transactions

Capital Projects Accounting

• Review accounting for Construction-in-Progress (CIP) and capitalized equipment purchases.
• Ensure correct capitalization vs. expense treatment under GAAP (ASC 360 / ASC 730).

International Consolidation

• Support consolidation of foreign subsidiary financials (Refacture AS- Norway).
• Review intercompany accounting and currency considerations.

Grant Accounting

• Provide guidance on accounting for government grants and innovation funding programs.
• Ensure appropriate treatment of grant-funded capital expenditures.

Financial Controls

• Establish internal financial controls appropriate for a scaling startup.
• Maintain clear audit trail and documentation within the ERP system.

Collaboration

• Work closely with:
  • CEO
  • bookkeeping team
  • external CPA firm

Requirements

Must-Have

• CPA or equivalent professional accounting qualification.
• 7+ years accounting experience with venture-backed startups or technology companies.
• Strong knowledge of U.S. GAAP financial reporting.
• Experience with:
  • SAFE notes and convertible securities accounting
  • startup equity structures
  • financial statement preparation
• Experience overseeing accounting teams or bookkeepers.
• Comfortable working directly with founders and small teams.