ASSISTANT CONTROLLER

$165,000 - $190,000/Yr

KBW Financial Staffing & Recruiting - Lexington, MA

Full-time - Mid Level

Lexington, MA

Professional, Scientific, and Technical Services

About the position

The Assistant Controller position at a rapidly growing life sciences company in Lexington, MA, is crucial for managing key accounting functions, ensuring accurate financial reporting, and enhancing operational efficiency. The role requires a strong understanding of accounting principles, leadership experience, and a proven track record in optimizing financial processes, particularly within the life sciences sector. The Assistant Controller will mentor the team, improve processes, and establish internal controls and policies to drive the company's financial success.

Responsibilities

• Manage and maintain the general ledger, ensuring all transactions are properly recorded and classified under GAAP and SOX guidelines.
• Lead the monthly close process, including journal entries, reconciliations, and fluctuation analysis, to ensure timely and accurate financial reporting.
• Oversee accounts payable operations, ensuring efficient payment processing, vendor management, and accurate expense tracking.
• Supervise payroll processes, ensuring compliance with regulations while maintaining confidentiality and data security.
• Manage a team of accounting professionals, providing mentorship and fostering a collaborative and supportive work environment.
• Identify opportunities for process enhancements using technology to improve efficiency, scalability, and accuracy.
• Lead or support system upgrades and project initiatives.
• Collaborate with external auditors and tax advisors to facilitate audits and ensure compliance with all tax requirements and filings.
• Strengthen internal controls and ensure compliance with regulatory standards, including SOX requirements, while maintaining accurate documentation.
• Take ownership of other responsibilities as assigned, contributing to the overall success of the finance department.

Requirements

• Minimum Bachelor's degree in Accounting, Finance, or a related field is required.
• A CPA certification or advanced degree is preferred.
• At least 8+ years of progressive accounting experience, including 3+ years in a leadership role.
• Prior experience with public companies and implementing financial systems is highly desirable.
• Experience in industries such as biotech, pharmaceuticals, or medical devices is an advantage.
• Strong analytical and problem-solving abilities.
• Ability to identify and implement process improvements through technology.

Benefits

• Bonus
• Equity
• Competitive Benefits