Operations Accountant

 

Operations Accountant Apply Now

Austin, TX
Accounting
Full time

Company Background:

Virtuix, backed by over $50MM from investors including Mark Cuban and venture capital funds, is a pioneer in immersive gaming and simulation. The company's flagship product line, “Omni,” is the premier brand of omni-directional treadmills that let players walk and run in 360 degrees inside video games and other virtual worlds.

Job Description:

The Operations Accountant is a key member of the accounting team, responsible for collaborating with our worldwide operations teams to produce accurate and timely reporting of:

  • Inventory held at our U.S. parent company and Asian subsidiaries
  • Cost of goods sold including materials, labor, and factory overhead
  • Intercompany transfers of materials and finished goods within the Virtuix group
  • Other operations-related information and analysis requested by management and our auditors

This role requires strong technical accounting skills, exceptional attention to detail, and the ability to manage multiple priorities.

Responsibilities:

  • Oversee the daily, weekly, and monthly inventory-management procedures performed by our operations teams. Ensure compliance with company policies and standard accounting practices.
  • Monitor transactions with suppliers, customers, and subsidiaries. Ensure that operations staff maintain proper record-keeping practices, including precise matching of purchase orders, shipping documents, delivery records, invoices, and payments. Work proactively with operations staff to resolve discrepancies.
  • Prepare and analyze monthly inventory, COGS, and other operations-related reports. Allocate costs by activity and product line.
  • Maintain depreciation schedules for fixed assets used in operations.
  • Participate in monthly closings and assist the accounting team in preparing groupwide consolidated financial reports.
  • Assist in developing and implementing internal controls, process improvements, and automation initiatives.
  • Participate in annual financial audits and respond to requests from auditors for supporting documents and analysis from operations.

Requirements:

  • Bachelor’s degree or college certificate in Accounting, Finance, or related field (CPA preferred)
  • Minimum 3 years of related experience at a business that warehouses and distributes physical products (factory experience preferred)
  • Intermediate-level proficiency in Excel (advanced level preferred)
  • Strong understanding of financial reporting and basic knowledge of GAAP
  • Public accounting and/or audit experience a plus
  • Experience with intercompany transactions at offshore subsidiaries a plus
  • Excellent analytical and problem-solving skills
  • High attention to detail and accuracy
  • Enthusiastic, supportive attitude toward accounting colleagues and members of other teams
  • Strong organizational and time-management skills with the ability and willingness to meet strict deadlines
  • Effective verbal and written communication skills

What We Offer:

At Virtuix, you’ll join a talented team that’s delivering a new wave of immersive entertainment and simulation. You’ll have a unique chance to influence the entertainment industry and become part of our story as a venture-funded tech startup getting ready for a public listing. We offer the following benefits:

  • Virtuix stock
  • Employer matching contributions to 401(k)
  • Health, dental, vision, and life insurance
  • Open vacation policy
  • Paid maternity and paternity leave

More About Virtuix:

Moving around virtual worlds by pushing buttons on a controller feels unnatural and static. To experience true VR, you need to walk around virtual worlds as you do in real life - using your own feet. That's why we developed "Omni."

Backed by over $50MM from investors, including Mark Cuban and 12 venture capital funds, Virtuix's Omni is the first omni-directional treadmill that lets players walk and run in 360 degrees inside VR games and other virtual worlds. The Omni's immersive experience takes VR to the next level. The system was even portrayed in Steven Spielberg's Ready Player One.

Watch this product video of Omni One, our first Omni system design for the home: https://youtu.be/Zi8rjwtZ_cs

Virtuix is blazing the market trail for ultimate immersive gaming and simulation. If working at the forefront of tech’s convergence with entertainment excites you, then Virtuix is the place to be.

Virtuix is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

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