Accounting Manager

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Company: Element Science

Location: San Francisco, CA 94112

Description:

ACCOUNTING MANAGER

THE COMPANY:

Element Science, Inc. is a medical device and digital health company focused on developing solutions at the intersection of clinical-grade wearables, machine learning algorithms, and lifesaving therapies in order to address leading causes of death and hospitalization in patients with heart disease, primarily as they transition from the hospital-to-home. By putting the needs of patients and physicians first, our personalized digital devices, which are designed for function, comfort, and ease-of-use, aim to redefine the paradigm of care for these patients. Our first product, a wearable patch defibrillator, is initially targeted at treating the more than 500,000 patients in the US with an elevated temporary risk of potentially experiencing a lethal heart rhythm. Based in San Francisco, our funders include Third Rock Ventures, Google Ventures, Deerfield Healthcare, Qiming Venture Partners USA, Cormorant Asset Management, and Invus Opportunities.

SUMMARY OF ROLE:

The Manager, Accounting will report to and work closely with the Sr. Manager, Accounting, and others in the organization in analysis and reconciliation of accounts and in development and implementation of accounting policies, procedures and controls.

RESPONSIBILITIES:
  • Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, account balances are reconciled, and monthly variances are explained.
  • Deliver timely and accurate financial reports for internal and external stakeholders.
  • Review existing and implement new accounting processes and procedures to improve the month-end close cycle.
  • Manage the annual external audit to ensure an efficient and smooth process with successful results. Prepare lead sheets and schedules to satisfy PBC requirements and correspond with the auditors for additional requests.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Ensure timely compliance, particularly monthly remittance of Sales & Use Tax returns and other government agency requirements.
  • Establishes and communicates a strategic vision for the accounting function.
  • Performing tasks and ad hoc projects, as needed, to meet the Accounting Team's deliverables.

QUALIFICATIONS:
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum 5 years of experience in month-end/year-end close activities and general ledger accounting.
  • Minimum 3 years of experience in a medical device company preferred.
  • CPA license preferred.
  • Experience with larger ERP systems such as NetSuite.
  • Experience with Sunshine Act Compliance preferred.
  • Excellent oral and written communication skills.
  • Strong knowledge of Generally Accepted Accounting Principles (GAAP).
  • Demonstrated proficiency with Microsoft Office Suite, including advanced Excel, Word and PowerPoint.
  • Proven ability to work both independently and collaboratively with various levels of the organization.
  • Experience in managing audits and tax filing preparation.
  • Highly detail-oriented, organized and a team player.

BENEFITS:

Element Science offers a very competitive salary and benefits package including, but not limited to:
  • Stock Options
  • 90% employer-paid medical, dental, and vision insurance
  • Company-paid Basic Life Insurance
  • 401(k) retirement plan (Traditional and Roth)
  • Competitive Paid Time Off
  • Paid Holidays
  • FSA (Flexible Spending Accounts)
  • HSA (Health Savings Account)
  • Employee Assistance Program through PEO

The salary for this exempt-level position will be based on experience and qualifications within an established pay range.
  • Pay range: $135,000 - $145,000


Element Science is an Equal Opportunity Employer. All candidates will be evaluated on the basis of their qualifications for the job in question. We do not base our employment decision on an employee's or applicant's race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit-based factors prohibited by local, state, or federal law.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. We are not able to sponsor individuals for employment visas for this job.

At this time, we are unable to offer relocation assistance at Element Science.

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