Panax- Financial Controller

2 days ago

Tel Aviv, Tel Aviv, Israel Team8 Full time

Panax is a well-funded Series A Fintech startup based in Tel Aviv and New York. Our mission is to help companies transform complex cash management into a strategic opportunity, enabling finance teams to control, optimize, and elevate financial performance across borders. We're building a next-generation cash flow management platform that empowers finance teams with the clarity and tools they need to lead with confidence.

We're looking for a hands-on Financial Controller to lead accounting operations, drive financial planning, and scale processes and systems across the company. You'll work closely with the VP Finance and cross-functional teams, delivering accurate financial reporting, actionable insights, and supporting strategic growth. While this is initially a hands-on, execution-driven role, as the company grows you'll gradually take part in building and mentoring a finance team, and play a larger role in strengthening financial governance, investor reporting, and strategic decision-making.

Responsibilities:

Financial Operations & Reporting:

  • Own and manage day-to-day accounting operations (GL, AR, AP, and revenue recognition).
  • Work closely with the external bookkeeping team to ensure accurate, timely, and compliant financial records.
  • Ensure full compliance with US GAAP and ASC 606 SaaS revenue standards.
  • Lead monthly and quarterly close cycles, delivering accurate and timely financial statements.
  • Support external audits, tax filings, and statutory reporting.
  • Assist with developing and enforcing internal controls and scalable accounting policies.
  • Lead the enhancement and integration of financial systems, with ownership of Priority ERP.
  • Drive continuous improvement in accounting workflows and financial visibility.

Financial Planning & Analysis (FP&A):

  • Partner closely with the VP Finance on budgeting, forecasting, and variance analysis.
  • Translate financial data into strategic insights that drive growth and efficiency.
  • Build and maintain robust financial models in Excel and other tools to support decision-making and scenario planning.
  • Build and monitor SaaS KPIs and operational dashboards.
Requirements
  • 3-5 years of progressive experience in accounting and finance, ideally within a SaaS or technology company.
  • CPA with a Big 4 firm experience
  • Proven experience in SaaS revenue recognition (ASC 606) and subscription-based business models - Strong advantage.
  • Advanced experience with Priority ERP (required); NetSuite is a significant plus.
  • Strong FP&A capabilities and financial modeling skills.
  • Excellent analytical, organizational, and communication abilities.
  • Hands-on, proactive, and comfortable working in a fast-paced, evolving startup environment.
  • Passionate about technology, process optimization, and scalable finance operations.
  • Excellent English communication skills.

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