Jobs at Alumni Ventures Portfolio Companies


Accounting Lead



Accounting & Finance
San Francisco, CA, USA
Posted on Tuesday, September 12, 2023
About Motorq

Motorq is a leading software infrastructure company working on connected car data and analytics. Our mission is to provide owners and managers of vehicles with cutting-edge actionable insights so they can improve their operations, improve client experience, and reduce cost.

Motorq works closely with the largest global car manufacturers (OEMs) in the world to extract data directly from the embedded modems in cars. We have deep commercial and technical relationships with over 12 large OEMs and are co-creating the future with them. With most of these OEMs, Motorq is the first and only data partner. After ingesting data from the car and from other sources like vehicle specs data, our advanced algorithms create actionable insights that are then sent to customers via a suite of products, ranging from APIs, Streams, DataLakes and web portals. Motorq’s customers include most the 10 largest fleet management companies, large dealer groups, and other leading automotive services companies.

The Motorq leadership team has interdisciplinary experience in automotive engineering full-stack software engineering, data science and SaaS startups. We recently raised a $41M Series-B round, led by Insight Partners, one of the largest VCs in the world. We are also backed by leading auto-tech VCs, and leading automotive services companies.

Motorq has over 80 employees, spanning engineering, data science, product, operations, customer success, sales, and marketing. We are headquartered in the San Francisco Bay Area with offices in Seattle, Bangalore and Chennai.

The Role

Motorq is growing rapidly – as we onboard more OEMs and customers. We are fortunate that our recent funding round has given us a long runway. To support the commercial growth, we are investing in world-class talent, and with partners. The complexity of our books are increasing, and hence we are looking for a world-class, highly-motivated, accounting lead to take care of all the financials for the company – from standard reporting, to managing AR, AP, treasury, business performance metrics, sales commissions, vendor management, etc.

This is a high-visibility role - this candidate will work closely with our exec leadership team, interface with all staff working with vendors, and the outputs will be shared with the board. The candidate will be the first in-house accounting staff member, and will have leverage from our current outsourced bookkeeping and accounting services firm.

We would prefer this candidate to be located in the San Francisco Bay Area. A hybrid work model is anticipated, with 2-3 days per week in the office.

Key Responsibilities

  • Own the creation and accuracy of core financial reports – Income Statement, Balance Sheet, and Statement of Cash Flows, working with our accounting services team
  • Own the customer invoicing process; Track and improve AR metrics
  • Track and manage vendor performance, and AP; Setup a new PO process.
  • Own the annual budgeting process with the exec team
  • Track and evolve monthly performance metrics – progress against budget, burn, runway, etc.
  • Evolve the Chart of Accounts (e.g., enable department-wise visibility)
  • Manage company credit cards and the expense reimbursement policies
  • Own and shape Motorq’s pre-audit process
  • Own relationship with auditors; oversee periodic audits
  • Create, manage, evolve Motorq’s Treasury strategy
  • Track and execute payroll (Motorq’s biggest spend bucket) and quarterly sales commissions
  • Ensure compliance with regulatory filings – state and federal level, including corporate income taxes


  • Required
  • Self-motivated numbers-driven individual, striving for personal and professional growth
  • 5+ years of multi-disciplinary bookkeeping and accounting experience
  • Deep understanding and level of comfort with, and prior ownership of core financial reports - Income Statement, Balance Sheet, and Statement of Cash Flows
  • Experience with leading financial reporting software tools
  • Experience with running periodic AR, AP
  • Analytical – Adept at generating insights from large data sets and leverages it to develop insights, products, and perspectives
  • Collaborative – Develops strong working relationships with customers, partners, and colleagues, at all levels, to make/influence decisions
  • Gets motivated by work in a fun, fast-paced, and intellectually challenging environment
  • Ability to gather data and report on key financial, business and accounting metrics
  • Preferred
  • Experience with supporting financial audits
  • Experience with managing treasury
  • Experience with credit card and expense reimbursement policies