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Formic

Staff Accountant - Audit & Technical Accounting

Chicago || Bolingbrook, ILRemote-friendlySeniorFull-timeFinancePosted 1 month ago

The role

What you'll do

  • As Staff Accountant - Technical Accounting, you will play a key role in helping build and scale Formic’s accounting function during a pivotal stage of company growth.
  • This role is a strong fit for someone coming out of public accounting who wants broader exposure, more ownership, and the opportunity to make a tangible impact in a fast-moving environment. You’ll apply the technical foundation you’ve built in audit and advisory work while gaining hands-on experience across operational accounting, audit readiness, technical accounting, and process improvement.
  • 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. Rather than stepping into a narrowly defined role, you’ll have the opportunity to contribute across multiple areas of the function and grow your scope over time.
  • This is an opportunity to join a high-growth company where you can continue developing technically while also building the operational and strategic experience that’s difficult to gain in public accounting alone.
  • 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 public accounting experience (Big 4 preferred)

Strong understanding of US GAAP

Proven success supporting audits or financial reporting

Experience with automation, systems, or AI applications within finance preferred

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

A strong transition opportunity from public accounting into a high-growth operating environment

Broad exposure across technical accounting, audit readiness, operational accounting, and complex transactions

Meaningful ownership and visibility early in your career

The opportunity to help build and improve processes as the company scales — not just maintain existing ones

Hands-on experience with automation and modern finance systems

Accelerated career growth and the ability to expand your scope alongside the business

Exposure to a fast-scaling technology company at a pivotal stage of growth

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

Ready to apply?

Go straight to Formic.

Apply on company site