Controller

 

 

 

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What You'll Be Doing

We are seeking a Controller to own the accounting function at BioIntelliSense. This is a hands-on leadership role for a CPA with a public accounting audit foundation who can run a tight monthly close, lead our annual audit, and author the technical accounting positions that a growing medical technology company needs, most notably ASC 606 revenue recognition memos for multi-element contracts spanning hardware, SaaS data services, clinical monitoring, and government-funded programs.

The Controller leads a small accounting team (Accounting Manager and Senior Accountant), serves as the primary contact for external auditors and tax advisors, administrator of NetSuite, and partners with the SVP of Finance, CEO, and Board on financial reporting, cash management, and strategic decisions. The right candidate is equally comfortable posting a journal entry, defending a judgment to an audit partner, and explaining the cash impact of a customer contract to the CEO.

Responsibilities

Technical Accounting & Documentation

• Own the technical accounting file. Draft ASC 606 revenue recognition memos for new and amended customer contracts, including performance-obligation identification, SSP allocation, principal-versus-agent analysis, variable consideration, bill-and-hold, and contract asset/liability tracking.
•  Author and maintain accounting policy and position papers (e.g., inventory costing and reserves, capitalization thresholds, ASC 842 leases, stock-based compensation, ASC 340-40 contract costs, debt and convertible instruments) in a form that stands up to auditor review.
•  Research emerging GAAP guidance and assess the impact on the Company; brief leadership on conclusions and required changes.
•  Design and document internal controls and accounting procedures consistent with a company preparing for scale, institutional diligence, and potential public-company readiness.

Financial Close & Reporting

• NetSuite Administrator: chart of accounts, revenue recognition setup, inventory and MRP configuration, reporting, and management of external NetSuite consultants.
•  Own the full accounting cycle: GL, AP, AR, revenue and deferred revenue, inventory/COGS, fixed assets, payroll, accruals, and equity.
•  Lead a disciplined monthly close including journal entry review, balance sheet reconciliations, variance analysis, and flux commentary.
•  Prepare monthly, quarterly, and annual GAAP financial statements and the reporting package for the Board of Directors, investors, and lenders.
•  Maintain revenue schedules, deferred revenue roll forwards, and inventory reconciliations tied to contract terms and shipping records.

Audit, Tax & Compliance

•  Serve as primary liaison for the annual financial statement audit and 401(k) plan audit: plan the audit calendar, prepare PBC schedules, draft footnotes, and resolve auditor questions with well-supported positions.
•  Coordinate federal and state income tax returns, R&D tax credit studies, Delaware franchise tax, and sales & use tax filings with outside advisors.
•  Manage business, insurance, and statistical surveys, and maintain compliance with government contracts and grant reporting requirements.

FP&A & Team Leadership

•  Lead, coach, and develop the accounting team; set priorities, review work, and build a culture of accuracy and continuous improvement.
•  Support the SVP of Finance on budgeting, reforecasts, customer profitability, pricing, and Board and investor materials.