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Director of Accounting

Posted on Sep 16, 2021 by Rakuten Medical

San Diego, CA 92101
Accountancy
Immediate Start
Annual Salary
Full-Time


The Director of Accounting will serve as an integral part of the management team and will report directly to the VP Global Finance. This is an exciting role with a mix of technical accounting and operational accounting. The Director of Accounting will be responsible for leading the general ledger accounting activities for the US entity and the international subsidiaries, and the internal controls over accounting and financial reporting. The Director will also be responsible for the accounting related to the company's commercial revenue, inventory and cost of goods sold. The Director will directly manage the Accounting and Commercial Finance Manager, the Cost Accounting Manager, and the Senior Accountant.


Key Duties and Responsibilities


Responsible for leading the general ledger accounting activities worldwide to ensure timely and accurate reporting in accordance with US GAAP, including trial balances, consolidations, intercompany transactions, chart of accounts maintenance, journal entries and account reconciliations.


Responsible for all commercial accounting activities including revenue, inventory and cost of goods sold to drive accurate monthly reporting for commercial activities.


Manage monthly and quarterly close process with the global finance team to ensure accounting tasks are completed accurately and timely.


Provide guidance to the international subsidiaries regarding accounting policies and the preparation of account reconciliations.


Lead the resolution of technical accounting issues and preparation of technical accounting memos. Ensure Finance team members stay up to date on applicable technical accounting pronouncements.


Lead the annual financial audit working with the Big 4 Audit Firm and the Global Accounting Team.


Establish collaborative and cross-functional relationships and provide financial data to the leadership team to improve P&L business results and control costs.


Work on continuous system enhancements to the financial close process to improve the efficiency, accuracy, and timing of the close process. Implement system or business process improvements to the general accounting functions to drive operational efficiencies while maintaining the accuracy and integrity of the underlying accounting records.


Responsible for the internal controls over accounting and financial reporting for the US and international subsidiaries. Act as a key process owner on internal controls that drive accurate financial reporting. Implement internal control changes as needed.


Responsible for ensuring Company policies relating to accounting and financial reporting are consistently followed. Develop further policies as needed.


Other duties as assigned.


Desired Education, Skills and Experience


Bachelor's Degree.


5+ years work experience in a Big 4 public accounting firm in the US. CPA Required.


5+ years work experience in roles with increasing responsibility, in the life sciences industry.


Experience with technical accounting for Commercial Finance including ASC 606 Revenue Recognition, ASC 330 Inventory and ASC 842 Leases strongly preferred. The Company has received marketing approval in Japan and has commercial sales in 2021.


ERP experience with Great Plains or SAP preferred.


Strong Microsoft Excel skills.


Ability to bridge communication between Finance, Commercial and Research & Development Functions.


Excellent organizational skills and the ability to manage multiple projects and meet deadlines.


Exceptional self-management ability.


Process improvement mindset.


Experience in a high-growth company with international subsidiaries a plus.


Ability to travel (post pandemic) to international subsidiaries as/when required (travel is estimated at 10% or less in this role).




Reference: 1323290860

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