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Formic
Chicago || Bolingbrook, IL
Source: Formic careers · View original posting
From Formic's posting. “We” and “our” refer to the employer.
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.
Formic’s Finance team enables disciplined growth across our Robotics-as-a-Service platform. The team oversees capital strategy, treasury, credit, financial operations, compliance, accounting, and investor engagement. As Formic scales nationally, Finance ensures capital is deployed intelligently, portfolio performance remains strong, and the company maintains long-term financial resilience.
Finance operates at the center of strategy and execution. It connects operational performance to capital markets, aligns deployment velocity with balance sheet strength, and supports executive decision-making with rigorous financial insight.
As Senior Manager, Accounting & Controls
, you will play a key role in strengthening Formic's Accounting foundation during a period of growth. You will focus on projects critical to the success of the business, identify and implement process improvements, and partner across the Finance organization to help elevate accounting operations. As a technical accounting resource and trusted member of the Finance team, you'll help maintain a strong internal control environment while serving as the primary liaison for cross-functional accounting initiatives.
Reporting to the Associate Director of Accounting Systems & Financial Operations, you will operate as a senior contributor, partnering closely with Finance leadership to maintain financial discipline while continuously improving how Accounting operates as the business scales.
Establish clear workflows and documentation standards for day-to-day accounting operations.
Collaborate closely with the Staff Accountant and broader finance team to ensure alignment and efficiency.
Systems & Process Improvement
Continually drive forward efforts to shorten the close timeline
Partner with the Associate Director on ERP improvements, system initiatives and accounting automations, providing hands-on input from an accounting operations perspective.
Identify opportunities to automate manual processes (leverage AI) and enhance data accuracy through technology.
Develop and maintain both the documentation and accounting procedures that keep pace and are scalable as the business model evolves
Required
Preferred
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:
Compensation
Formic’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: $120,000 — $175,000 USD
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