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Chief Accountant

IP Fabric

IP Fabric

Accounting & Finance
Prague, Czechia
Posted on Tuesday, September 12, 2023

About IP Fabric

Named Gartner Cool Vendor in Network Automation for 2022, IP Fabric is an emerging technology capturing the minds of critical network infrastructure engineers across Europe and the US by enumerating and modelling the behavior of their entire global networks. We have grown revenue exponentially for four years in a row, now spanning from the US to Prague, The Czech Republic and beyond.

IP Fabric's company vision is to define and lead the technology space of Network Assurance. To realize this vision, we are looking for the sharpest business minds to join us and grow as part of our distributed team.

Job Overview: We are seeking a skilled and detail-oriented Main Accountant to join our finance team. The Main Accountant will play a critical role in managing and maintaining our financial records, ensuring accuracy, compliance, and supporting timely reporting by managing external accounting vendors. The ideal candidate should possess a strong understanding of accounting principles, exceptional organizational skills, and the ability to work effectively in a dynamic and fast-paced environment. Experience with Czech local and International Accounting Standards is essential, US-GAAP big advantage as we are operating in the Czech Republic, the US, and the UK.

What you’ll be doing:

  • Financial Record Keeping Management: Maintain accurate and up-to-date financial records, including general ledger entries, accounts payable and receivable, payroll, and expense tracking through external accounting and tax vendors.
  • Month-end Closing: Participate in the month-end closing process, reconciling accounts, preparing journal entries, and ensuring the accuracy of financial statements. Including consolidated statements.
  • Financial Reporting: Manage various financial reports, statements, and analyses, such as income statements, balance sheets, and cash flow statements in CAS, US-GAAP, and UK-GAAP accounting standards. Present financial data to management as needed.
  • Budgeting and Forecasting: Collaborate with the finance team to assist in the preparation of annual budgets and forecasts. Support actual performance monitoring against budgeted figures and provide insights on variances.
  • Audit Support: Prepare documentation and assist in the coordination of internal and external audits. Ensure all financial transactions are properly documented and adhere to relevant regulations.
  • Tax Compliance: Assist in the preparation and filing of tax returns, and support compliance with local, state, and federal tax regulations. Stay updated, in cooperation with external tax advisors, on tax law changes that could impact the organization.
  • Accounts Reconciliation: Perform regular reconciliations of accounts, identifying and rectifying discrepancies promptly. Resolve any issues related to bank statements, vendor payments, and customer receipts.
  • Financial Software: Utilize financial software and systems to generate reports, and streamline processes. Identify opportunities for system improvements and efficiency enhancements. Cooperate on implementations in related areas.
  • Process Improvement: Continuously assess and enhance accounting processes to optimize efficiency, accuracy, and compliance. Implement best practices and recommend changes where necessary.
  • Team Collaboration: Collaborate effectively with the Head of Finance and Operations, other finance team members, and company departments, providing financial insights and guidance to support decision-making and ensure alignment with organizational goals.


  • Bachelor's degree in Accounting, Finance, or a related field. CPA certification is a plus.
  • Proven experience (5 years) in accounting or finance roles, with a track record of accuracy and attention to detail.
  • Strong knowledge of Generally Accepted Accounting Principles (GAAP) and financial regulations.
  • Deep knowledge of Czech Accounting Standards.
  • Experience with consolidation.
  • Proven experience with audit performed by BIG4.
  • Proficiency in using accounting software and Microsoft Excel for financial analysis and reporting.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work independently, manage multiple tasks, and meet deadlines.
  • High level of integrity and discretion when dealing with confidential financial information.

Preferred Qualifications:

  • Experience with US-GAAP or UK-GAAP or familiarity with international accounting standards (IFRS).
  • Prior experience in the IT industry or Start-up sector.
  • Advanced proficiency in Microsoft Excel for complex financial analysis.
  • Experience with accounting software or ERP


  • Competitive salary and performance-based bonuses.
  • The opportunity to grow alongside a revolutionary company.
  • The opportunity to participate in establishing a market category in an emerging space.
  • Be part of top international and local teams with results-oriented and data-driven mindsets.
  • The support of our leaders and the continuous development of your skills.
  • Pet-friendly and comfortable office in the center of Prague (IP Pavlova).
  • Snacks, beverages, and great coffee.
  • Education and training budget.
  • Technical equipment for work purposes and role-related education & training.
  • 5 weeks holiday.
  • 5 sick days.
  • Team-building events.
  • Professional development opportunities.
  • A collaborative and supportive work environment.

If you're a dedicated and motivated accountant with a passion for maintaining financial accuracy and contributing to the success of our organization, we encourage you to apply for the Main Accountant role. Join our team and play a key role in shaping our financial operations