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Director, Assistant Controller

Director, Assistant Controller

QuanterixBillerica, MA, United States
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Director, Assistant Controller at Quanterix summary :

The Director, Assistant Controller at Quanterix leads the accounting team overseeing daily operations, month-end closes, and internal controls. This role manages cost accounting, payroll, equity administration, and collaborates with multiple departments to ensure accurate financial reporting and compliance with US GAAP and SOX. The position also focuses on process improvement, ERP transformation, and mentoring accounting professionals within a global life sciences environment.

DIRECTOR, ASSISTANT CONTROLLER

HYBRID Billerica

Quanterix is revolutionizing biomarker analysis to advance precision health, leveraging Simoa technology for ultra-sensitive protein detection. This transformative technology aims to enable earlier disease detection, better prognoses, and precise treatments, with goal of significantly improving quality of life and longevity. We are on a mission to change the way in which healthcare is provided by giving researchers the ability to closely examine the continuum from health to disease.

To make this vision a reality, we brought together the most experienced management team, renowned scientists, industry leading investors and expert advisors, to form a collaborative ecosystem, united through the common goal of advancing the science of precision health.

ROLE SUMMARY :

We are looking for an experienced and motivated Director, Assistant Controller to join our organization. Reporting to the VP, Corporate Controller, you will be responsible for all aspects of the accounting team's daily operations, month end closes, and execution of related internal controls. You will lead a team of approximately 20 accountants, including the general ledger, cost accounting, payroll, and equity administration. This role works closely with leadership in Operations, Legal, HR, SEC Reporting, Technical Accounting, SOX Transformation, and FP&A.

WHAT YOU'LL DO :

OPERATIONAL ACCOUNTING AND FINANCIAL CLOSE

  • Lead the entire operational accounting function, including cost accounting / inventory, cash, prepaids, fixed assets, accounts payable, accruals, equity, payroll, insurance, and benefits.
  • Direct oversight of the general ledger, including detailed reviews of the balance sheet and income statement, account reconciliations, intercompany activity, eliminations, journal entries, analytics, and properly documented SOX controls.
  • Review all estimates and judgements used in establishing period ending financial statement adjustments.
  • Oversee the monthly preparation of the worldwide consolidation. Ensure accurate and on time delivery of U.S. and international reporting packages and related support to the SEC Reporting team and FP&A.
  • Support all related disclosures and the preparation / review of footnote schedules delivered to the SEC reporting team.
  • Oversee the team's preparation of all external audit requests throughout quarterly reviews and the annual audit.
  • Administer our global equity program and payroll, and build relationships with HR, Legal, and external parties to maintain program compliance and provide data for related tax filings.

INVENTORY AND COST ACCOUNTING

  • Oversee the cost accounting team and all inventory and COGS accounting / processes, including review of inventory valuation and standard costing, variances (PPV, Material, Labor and overhead), cost rolls, cycle counts, and the annual physical.
  • Develop and recommend the quarter ending E&O reserve and any necessary updates to valuation methodologies (such as L&O adjustments).
  • Deliver monthly metrics that enhance the company's review and understanding of gross margins and inventory balance movement.
  • Coordinate with supply chain, manufacturing, and distribution / warehouse leadership to identify and resolve issues in areas such as production, purchasing, receiving, and shipping.
  • PROCESS IMPROVEMENT AND PEOPLE LEADERSHIP

  • Mentor and develop a team of accounting professionals (direct and indirect reports), providing guidance and professional growth opportunities that fosters a culture of continuous improvement.
  • Partner with the Head of SEC Reporting and Technical Accounting to implement accounting operations that support and adhere to technical accounting conclusions.
  • Collaborate with the SOX Transformation team to review, and maintain comprehensive internal controls, policies, and procedures over areas within your responsibility.
  • Support the ERP Transformation Team by preparing the accounting organization for the launch of a new ERP.
  • Identify and drive process improvement initiatives within the internal reporting process and close cycle. Advance automation / continuous improvement by building scalable, repeatable processes, documentation, and policies.
  • Lead the accounting operations integration of acquired entities into the business.
  • Take on additional accounting responsibilities, management of consultants, and ad-hoc projects as the role advances and the company scales.
  • BASIC QUALIFICATIONS :

  • Bachelor's degree in accounting or finance with 14+ years of experience or a Master's degree in accounting or finance with 12+ years of experience.
  • 10+ years of accounting experience with U.S. listed publicly traded companies and progressive advancement into a Controllership role.
  • 6+ years of managerial experience leading a team of accountants.
  • 4+ years overseeing payroll and equity administration.
  • PREFERRED QUALIFICATIONS :

  • Global experience in the life sciences industry.
  • Expertise in cost accounting.
  • Exceptional knowledge of US GAAP and SOX compliance requirements, with a strong understanding of the information needed to support an SEC reporting team.
  • Demonstrated ability to :
  • Grow a global accounting operations function, navigating the complexities of doing business domestically and internationally, and in a life sciences setting.

  • Innovate and stand-up modern ERP enhancements and automation (robotic process automation, etc.).
  • Lead and develop a team, providing effective coaching and development
  • Experience with Oracle products, especially Fusion.
  • CPA / CMA license.
  • EXPECTATIONS, LEADERSHIP COMPETENCIES, SKILLS & ABILITIES :

  • This role is flexible hybrid, which we describe as approximately 2 days each week in our Billerica, MA office. Your in-office schedule can change each week so that you can focus on your personal commitments.
  • Unwavering integrity and quality in approaching your work and relationships.
  • Superior written and verbal communication skills, analytical skills, and strong interpersonal skills. Ability to interact with and build productive working relationships across all organizational levels and departments.
  • A self-starter that acts decisively, challenges the status-quo, uses good judgment, and can collaborate with others.
  • Comfort acting as a builder; you can roll up your sleeves and support the team when needed.
  • Courage to provide counsel to finance leadership and ask questions that show you always remain curious.
  • Resilient & versatile; ability to adapt to change and mentor teams through change
  • Strong knowledge of Microsoft Excel, accounting systems and applications, and experience with implementing finance-related software.
  • Well-honed attention to detail and a demonstrated ability to prioritize and delegate tasks.
  • Solution oriented nature.
  • WHY YOU'LL LIKE WORKING FOR US :

    Our Technology :

    From discovery to diagnostics, Quanterix's ultrasensitive biomarker detection is fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. Simoa® technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ). Our industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology, and infectious disease.

    Our Commitment to Employees :

    At Quanterix, our values are based on : Team, Innovation, Customer and Owner.

  • Team : Challenge assumptions, not the person. Respect diversity of thought and hold ourselves to lofty standards
  • Innovation : Stay curious, experiment, create and change
  • Customer : Prioritize and celebrate these pioneers by doing our best to deliver on commitments
  • Owner : Act with high integrity and in the best interest of Quanterix. Take measured risks and learn from their success and failures.
  • We reward and recognize our employees by offering competitive compensation and a 401k plan with employer match, as well as competitive health, dental, and vision benefits for employees and their dependents. We also offer an unlimited vacation policy to all exempt employees, and a generous PTO policy for non-exempt employees. All employees are eligible for equity, employee stock purchase plan, a performance bonus, and 1 : 1 financial counseling / planning. We also offer Tuition Assistance. We have a free, state-of-the-art onsite fitness center for all employees. To keep you fueled up, we provide onsite employees free snacks and drinks every day!

    DIVERSE & INCLUSIVE WORKPLACE :

    Quanterix is committed to a Diverse and Inclusive workplace. We strive to recruit candidates who will bring inclusive mindsets and contribute to our values.

    Quanterix is an Equal Opportunity Employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

    Pay Range : $190,000 - $210,000 per year

    Keywords :

    accounting management, financial reporting, cost accounting, payroll administration, equity administration, SOX compliance, US GAAP, ERP transformation, process improvement, team leadership, life sciences accounting

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