Senior Accountant

Hydrosat is a venture-backed space and data analytics company building a new Earth Observation constellation and software to unlock the power of thermal infrared imagery. Our mission is to capture and deliver high spatio-temporal resolution thermal infrared data, currently not available from other sources, to provide insights that benefit the environment, enhance food and water security, and serve other critical applications. 

We are fast-growing multinational firm, with offices in the United States, Luxembourg and the Netherlands. We are looking for an ambitious, experienced and diversely talented candidate to manage the finance function for our European offices. The position will be based out of the Luxembourg office. The successful candidate will be an integral part of the team providing vital support for our expanding company.

As Senior Accountant, Europe, you will be responsible for a diverse range of activities that are critical to financial operations of the business. The ideal candidate will be a highly organized problem-solver who is proficient in financial and accounting management with solid understanding of VAT. This is a very visible position with direct interaction with customers, vendors, employees, external accounting partners, and U.S.-based counterparts.  This position will report to the Controller, based in the United States.  

Responsibilities

• Generate sales invoices, ensuring accuracy and timeliness, liaising with the Sales/Customer Success team members as necessary

• Manage revenue recognition efforts in accordance with accounting standards (Lux GAAP and US GAAP), experience with SaaS businesses a plus

• Manage Accounts Receivable collections with diligence and consistency

• Process all expense transactions, managing Accounts Payable in a consistent and timely fashion 

• Assist with vendor (supplier) onboarding, including maintaining vendor records and documentation including banking/payment information, W-9s , W8-BENs and VAT IDs, as applicable

• Manage travel expenses and corporate credit card transactions and compliance with documentation requirements.

• Administer and reconcile accounts in compliance with appropriate tax/accounting policies; familiarity with VAT treatment in multiple countries is critical

• Ensure compliance with financial regulations and internal policies, maintaining accurate financial records and documentation, including assisting in the preparation of period-end reconciliations.

• Assist with timesheet compliance (when implemented)

• Manage correspondence via the finance email boxes, escalating to the appropriate party when necessary

• Maintain prepaid assets schedules and record corresponding amortizing journal entries

• Maintain fixed asset records and record corresponding depreciation journal entries

• Must have a bachelor’s degree in finance, accounting, business administration or a related field.

• Chartered Accountant (CPA, OEC, ACCA/similar) preferred

• Must have 3-5 years of progressive experience in finance and accounting roles, with a proven track record of success, ideally with SaaS and government contracting experience

• Strong understanding of financial principles, budgeting, financial analysis, and financial reporting

• Extreme proficiency with financial software (preferably QuickBooks Online) and systems, as well as Microsoft Office Suite (Excel, Word, PowerPoint, etc.)

• General understanding of full accrual GAAP accounting, including both deferred and accrued revenue concepts as well as VAT recording and filing

• Proficiency in English (written and spoken)

Benefits

• Attractive compensation package

• Equity through stock option plan – be part of our long-term success

• Fast-paced, dynamic startup environment with real impact and ownership

• Hybrid work model – 1 remote day per week

• Work-from-anywhere flexibility – up to 2 weeks per year

• EU Visa sponsorship if needed

• Attractive Luxembourg tax breaks upon relocation & relocation bonus

• Eligibility to apply for tax reduction under Luxembourg’s new impatriate tax regime for highly skilled workers