Financial Manager

Lucid Reality Labs is developing the next generation XR solutions that change how people experience life, communicate, learn, tackle global challenges, work, and interact with the world.

Our company has been recognized among the Top World companies in XR for years. We offer a systemic and innovative approach to complex solutions for Healthcare, Life Sciences, Aerospace and Defense, Commercial, and Public Sectors. Our award-winning cases create pathways to impactful technology.

This is a great opportunity to join the key team, gain hands-on experience and exposure to spatial computing technology, and contribute to our Mission by disrupting global challenges with responsible technology!

The Financial Manager will be responsible for managing the financial activities of the company, ensuring accurate financial reporting, overseeing budgeting and forecasting, and handling the financial aspects of contractor and employee payments. The ideal candidate will have a strong background in financial management, excellent organizational skills, and experience with financial systems and compliance.

Key Responsibilities

Financial Planning and Analysis

• Develop and manage the annual budget.
• Create financial forecasts to project future revenues, expenses, and profits.
• Adjust budgets based on changing business conditions.

Financial Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Provide financial reports to senior management and stakeholders.
• Ensure compliance with accounting standards and regulations.

Cost Management

• Monitor and control costs associated with contractors and employees.
• Analyze cost structures and recommend cost-saving measures.
• Evaluate the financial performance of various projects and initiatives.

Cash Flow Management

• Project cash flow requirements to ensure the company can meet its obligations.
• Manage working capital to optimize cash flow.

Contractor and Employee Payments

• Oversee billing and collection processes.
• Ensure timely payments to contractors and employees.
• Manage payroll processes for contractors, including tracking billable hours and expenses.

Invoice Management

• Ensure contractors submit invoices for monthly payments and expenses reimbursement by the designated deadline.
• Confirm that invoices sent to finance email include all necessary information.
• Utilize appropriate invoice templates for contractors in different regions.
• Manage PL invoice services using platforms such as infakt.pl and fakturownia.pl.
• For USA employees and contractors, manage payments and onboarding through Gusto.com.

Finance Off-boarding

• Receive off-boarding information from HR, including the last working day, unused vacation compensation, and other necessary compensation/withholding.
• Calculate final compensation and send the amount to the contractor for the final invoice.
• Process the final invoice payment after all necessary equipment has been returned.
• For USA contractors and employees, process off-boarding in Gusto.com.

Compliance and Audit

• Ensure compliance with financial regulations and standards.
• Coordinate with external auditors for annual audits.
• Implement audit recommendations to improve financial controls and processes.

Collaboration and Communication

• Work closely with project managers, HR, and other departments to align financial goals with business objectives.
• Communicate financial performance and insights to stakeholders.
• Prepare presentations and reports for board meetings and investor briefings.

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field.
• Professional certification (e.g., CPA, CFA) is a plus.
• Minimum of 4 years of experience in financial management, preferably in an IT or tech environment.
• Strong knowledge of financial systems and software.
• Excellent analytical, organizational, and communication skills.
• Proficiency in financial reporting and analysis.
• Experience with payroll systems and contractor management, including platforms like Gusto.com.

What we offer:

• 24 working days paid vacation, 7 days sick leave, and public holidays;
• Flexible working hours of remote work;
• Open-minded and outside-the-box ideas embodied in life;
• Award-winning and diverse team to grow together;
• Access to the newest XR technologies and devices;
• Minimum bureaucracy and a great working environment.