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Groq

Assistant Controller

Groq, Palo Alto, California, United States, 94306

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Mission Groq delivers fast, efficient AI inference. Our LPU-based system powers GroqCloud™, giving businesses and developers the speed and scale they need. From our Bay Area roots to our growing global presence, we are on a mission to make high performance AI compute more accessible and affordable. When real-time AI is within reach, anything is possible. Build fast.

Responsibilities & opportunities in this role

Lead and oversee monthly, quarterly, and annual close processes, ensuring accuracy, operational discipline, continuous improvement, and timeline compression

Oversee Fixed Assets accounting, including capitalization, depreciation methodologies, asset tracking, and alignment with operational stakeholders

Oversee Lease Accounting under ASC 842, covering new lease evaluations, modifications, embedded leases, and ongoing compliance

Manage Inventory Accounting, including valuation, reserves, and coordination with supply chain and operations teams

Oversee Accounts Payable processes, ensuring accuracy, timeliness, and strong internal controls

Oversee all additional General Ledger areas, ensuring end-to-end integrity of accounting operations and compliance with U.S. GAAP

Oversee international month-end/quarter-end/year-end close, including review of subsidiary financials, multi-currency/FX accounting, intercompany eliminations, and consolidation entries to ensure accurate GAAP/IFRS reporting

Support audits and statutory compliance by preparing required documentation and ensuring international entities meet all financial reporting standards

Prepare accurate and timely financial statements and supporting schedules for management and external reporting

Lead balance sheet reconciliations, ensuring all accounts are properly supported, documented, and reviewed

Coordinate with cross-functional stakeholders to gather information, resolve accounting issues, and drive operational alignment.

Support external audits, managing auditor requests, documentation, and the resolution of issues.

Accounting Operations & Process Improvement

Oversee general ledger maintenance, journal entries, and account analysis across all business functions and entities

Design and implement scalable accounting processes and controls to support rapid business growth

Ensure compliance with internal controls and accounting policies across all transactions

Systems & Automation

Drive accounting system optimization and automation initiatives to improve efficiency and accuracy

Lead implementation of new accounting technologies and process improvements

Develop and maintain financial reporting dashboards and analytical tools

Support NetSuite enhancements and integrations with other business applications

Create standardized templates and procedures for consistent accounting treatment

Manage and mentor accounting staff, providing guidance on complex accounting matters

Build accounting team capabilities through training, process documentation, and skills development

Lead special projects including system implementations, policy updates, and process redesigns

Collaborate with Finance leadership on strategic initiatives and operational improvements

Foster culture of continuous improvement and operational excellence

Ideal candidates have/are

CPA with 12+ years of progressive accounting experience in high-growth technology companies

Strong expertise in U.S. GAAP, financial reporting, and month-end close processes

Proven track record managing accounting operations for companies with complex business models

Experience with NetSuite and accounting close and automation tools

Demonstrated ability to build and scale accounting processes in rapid growth environments

Strong analytical skills with attention to detail and ability to manage multiple priorities

Leadership experience with direct reports and cross-functional team management

Preferred Qualifications

Experience in AI/ML, cloud infrastructure, SaaS, or technology hardware companies

Background with international accounting and multi-entity consolidations

Experience supporting external audits and regulatory compliance requirements

Advanced Excel skills and experience with financial reporting tools

Project management experience with system implementations or process improvements

Bachelor's degree in Accounting or Finance; Master’s degree preferred

Attributes of a Groqster

Humility– Egos are checked at the door

Collaborative & Team Savvy– We make up the smartest person in the room, together

Growth & Giver Mindset– Learn it all versus know it all, we share knowledge generously

Curious & Innovative– Take a creative approach to projects, problems, and design

Passion, Grit, & Boldness– No‑limit thinking, fueling informed risk taking

Compensation Groq is committed to providing competitive compensation through our Total Cash philosophy, which incorporates potential bonus value directly into base pay. The total cash salary range for this position, which is inclusive of the potential bonus value, is $271,000–$318,800, with individual placement determined by your geographic location, experience, skills, and alignment with internal compensation standards. This range is specific to candidates located in the United States. Compensation for international candidates will vary based on local market dynamics. Beyond cash compensation, Groq also offers equity participation and a robust suite of employee benefits.

US Job Postings This position may require access to technology and/or information subject to U.S. export control laws and regulations, including the Export Administration Regulations (EAR). To comply with these requirements, candidates for this role must meet certain citizenship or residency criteria. Specifically, they must qualify as U.S. Persons for export control purposes (i.e., U.S. citizen, U.S. lawful permanent resident (Green Card holder), or a protected individual under 8 U.S.C. § 1324b(a)(3) such as a refugee or asylee), or otherwise be eligible for an applicable export license.

Groq is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex (including gender identity, sexual orientation, and pregnancy), age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable law.

Groq complies with all applicable federal, state, and local laws governing nondiscrimination in employment. We do not tolerate discrimination or harassment based on any protected characteristic.

Groq is committed to working with and providing reasonable accommodations to qualified individuals with physical or mental disabilities. If you require a reasonable accommodation to complete an application or to participate in the hiring process, please contact us at talent@groq.com. This contact is for accommodation requests only, which will be considered on a case-by-case basis.

All offers of employment are contingent upon verification of the applicant’s identity and employment authorization in accordance with federal law.

Groq encourages people with criminal record histories to apply for employment, and values diverse experiences, including prior contact with the criminal legal system. To that end, Groq welcomes such applicants in accordance with the California Fair Chance Act, Los Angeles City Fair Chance Act Ordinance, Los Angeles County Fair Chance Act Ordinance, and San Francisco Fair Chance Act Ordinance. Philadelphia applicants can review information pertaining to Philadelphia’s Fair Criminal Record Screening Standards Ordinance here: https://www.phila.gov/documents/fair-chance-hiring-law-poster.

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