In April 2025, Kandu Health and Neurolutions merged to form Kandu Inc. to pioneer an integrated approach to stroke recovery, combining FDA-cleared brain-computer interface technology with personalized telehealth services.
The company’s IpsiHand® device is durable medical equipment that enables chronic stroke survivors to regain upper extremity function in daily home use.
Combining this advanced technology with the support of expert clinicians offers a comprehensive path to recovery– helping survivors improve mobility, independence, and quality of life.
Kandu extends recovery beyond the hospital through principal illness navigation, providing one-on-one education, care coordination, and advocacy; grounded in clinical evidence and informed by the lived experiences of patients and their families.
The Controller will serve as a senior leader for the company, directing all financial operations and reporting.
A primary focus will be on managing the revenue cycle associated with third-party payors (Medicare, Medicaid, and private insurance), maintaining strict regulatory compliance (financial audits, DMEPOS, CMS), and optimizing the management of inventory (medical devices and supplies).
The Controller reports to the CFO and is a key strategic partner to the executive team.
What You’ll Do Financial Reporting and Analysis Lead and supervise the outsourced accounting team to ensure timely and accurate month-end and year-end close processes in compliance with GAAP.
Ensure revenue recognition is in accordance with ASC 606, and aligned with DME revenue recognition models.
Prepare and analyze financial statements, focusing on key operational metrics and understanding the interplay between those metrics and the financial statements.
Prepare monthly management reports and quarterly management and Board reports.
Own the working relationship with external auditors, and drive annual financial statement audit.
Manage tax provision and tax compliance activities, and own the relationship with external tax providers.
Partner with FP&A to develop and manage the annual operating budget, providing detailed analysis of variances across the P&L and balance sheet.
Manage cash flow, including monitoring collections from third-party payors and coordinating banking relationships.
Drive the weekly cash forecasting process.
Inventory and Fixed Asset Management Implement and oversee robust inventory controls for all medical equipment and supplies, ensuring accurate valuation and tracking of items (e.g., rental equipment vs. items for sale).
Establish and monitor policies for the capitalization and depreciation of rental assets.
Analyze costs of goods sold and implement cost accounting strategies to optimize profitability per product line.
Partner with the commercial and operations Teams to ensure that the Company is optimizing the use of its rental assets.
Coordinate with operations to ensure physical inventory counts align with perpetual records.
Leadership, Internal Controls, and Administration Develop, document, and maintain strong internal controls over financial reporting, billing, and inventory processes to safeguard company assets.
The Company currently outsources its accounting function.
The Controller will help develop a plan to insource Accounting and manage, mentor, and develop the accounting and billing staff.
Be the owner of the Accounting function’s tech stack, which includes NetSuite, Ramp, and Rippling (shared with HR).
Revenue Cycle Management and Compliance Oversee all aspects of the DME revenue cycle, from patient intake through billing and collections, ensuring accuracy and efficiency.
Manage accounts receivable (AR) and billing functions, focusing on minimizing days sales outstanding (DSO) and reducing denied claims.
Ensure strict compliance with all regulatory requirements for Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS), accreditation standards, and CMS (Centers for Medicare & Medicaid Services) guidelines.
Manage the accurate reporting of net patient revenue under complex healthcare accounting standards and payor contracts.
Lead the coordination of external audits and regulatory compliance reviews.
What You’ll Bring Education :
Experience :
What We Offer (FOR FTE Only) :
Corporate Controller • Van Nuys, CA, US