Bookkeeper & Payroll Controller

Description Join our team as a Bookkeeper & Payroll Controller at Cyolo! We are looking for a Bookkeeper & Payroll Controller to join our Finance team and take full ownership of the company’s end-to-end bookkeeping and payroll operations, managing the books of both the Israeli entity and the US Inc. entity. This is a hands-on finance role, responsible for accurate accounting operations, payroll processing, tax reporting, and month-end closing activities in a fast-paced global cybersecurity company. The role sits within Cyolo’s finance function and plays a key part in ensuring financial accuracy, compliance with Israeli and US regulations, and smooth operational execution as the company continues to scale internationally. This is a full-time position based in Ramat Gan, reporting to the Global Controller. Cyolo is a cybersecurity company focused on securing connectivity solutions for organizations operating in highly sensitive and mission critical environments. Day-to-day Accounting: Own accounting processes for both the Israeli and US entities, from transaction recording through month-end, quarter-end, and year-end close (including provisions, prepaid expenses, and expense allocations) and balance sheet reconciliations. Accounts Payable processing (invoices, payments and reconciliations). Accounts Receivable processing (billing, collections and reconciliations). Reconcile bank and credit card statements on an ongoing basis. Review and record employee travel and expense reimbursements, using expense platforms such as Travel Perk and Mesh. Prepare and submit VAT reports, withholding tax, and other tax filings (856, 126 reconciliations). Manage fixed assets system (Hisulit) and post monthly depreciation entries. Manage intercompany transactions and reconciliations across group entities. Support external audit processes including preparation of requested documents and interactions with auditors. Maintain strong internal controls across accounting and payment processes. Identify opportunities for process improvement and lead cross-functional, multi-entity automation initiatives. Payroll & Benefits: Execute the end-to-end monthly payroll process using Hilan, ensuring all employees are paid accurately and on time. Manage all interactions with Israeli authorities (Tax Authority, Bituach Leumi) and pension funds. Ensure correct deductions for pension, study funds and social taxes. Handle the complete calculation and reimbursement process for employees on active reserve duty. Manage onboarding and offboarding (Form 101, Form 161, and termination settlements). Monitor and update attendance records and leave balances. Administer employee benefits, including pension and study fund arrangements, in coordination with providers and HR. Prepare and file annual and periodic reports, including Forms 126, 106, and 856. Serve as the primary point of contact for employees on all payroll-related inquiries. Work closely with the HR department on all employee-related financial matters. Record all payroll-related journal entries into NetSuite and perform monthly reconciliations. Stay up-to-date with labor laws and payroll regulations to ensure full compliance. Requirements Requirements: Certified Bookkeeper (Type 3) and Certified Payroll Controller – Mandatory. 5+ years of bookkeeping and payroll accounting experience, ideally in a tech company or startup environment. Experience with the Hilan payroll system (or similar, such as Michpal). Hands on experience with NetSuite – Strong Advantage. Strong experience with multi-currency accounting systems. Experience managing the books of multiple entities, including a US entity – Strong Advantage. Advanced Excel proficiency for data analysis – Strong Advantage. Deep expertise in Israeli Labor Laws, income tax, and social security regulations. Strong English (written and verbal) and native-level Hebrew. Exceptional attention to detail, ability to handle sensitive/confidential data, and a service-oriented mindset. A self-sufficient professional who excels at working independently, managing multiple priorities, and communicating effectively across different departments. A proactive 'can-do' approach with a genuine passion for the profession.