Job Description

About Element Science: We develop technologies at the intersection of wearable devices, precision medicine, and life-saving therapeutics. Our first product – funded by Google Ventures and Third Rock Ventures – aims to redefine treatment of sudden cardiac death. Come join our growing team of engineers, successful entrepreneurs, and medical device professionals if you are interested in making a real difference in patients' lives and shaping the future of med tech in Silicon Valley.

SUMMARY OF ROLE:

Our ideal candidate will bring a solid background in technical accounting and cost accounting for hardware and/or electronics manufacturing and medical device industries. We’re looking for someone who is inherently hands-on yet would be ready to take the next step forward in their career and help us plan and strategize for growth in order to scale the company.

RESPONSIBILITIES:

• Responsible for the organization’s overall financial management.  Ensure that all financial reports follow Generally Accepted Accounting principles (GAAP).

• Provide executive management with accurate and comprehensive financial information to guide effective policy-making and financial strategy.

• Prepare and monitor the budget and financial forecasts, analyze deficiencies, and report variances to executives.

• Develop financial plans, manage cash flow, review financial statements, and advise on ways to reduce costs and increase revenue.

• Oversee/manage accounting operations, including Billing, A/R, A/P, GL, Inventory, Cost Accounting, and revenue recognition. Ensure the integrity of books with a high emphasis on inventory costs.

• Maintain a documented system of accounting policies and procedures; implement controls over accounting transactions to mitigate risk.

• Prepare and publish timely monthly financial statements to the executive team and board of directors.

• Act as a liaison between upper management and the finance and accounting teams.

• Provide financial analysis, with emphasis on pricing decisions and contract negotiations.

• Prepare and manage all regulatory reporting and research technical accounting issues to ensure compliance.

• Manage and comply with local, state, and federal government reporting requirements and tax filings.

• Work with external auditors and provide needed documentation and support for the annual audit and tax returns preparation.

• As the company grows, hire and manage a team of accounting and finance professionals as needed.

• Additional financial planning and accounting responsibilities as needed in a startup environment.

QUALIFICATIONS:

• Bachelor’s degree in Accounting or Business Administration.

• Significant track record (10+ years or more) of progressively responsible experience in both accounting and finance combined.

• Certified Public Accountant (CPA) preferred.

• Proven professional experience as a Financial Controller at privately held as well as large enterprise technology companies.

• Thorough, practical knowledge of accounting principles and procedures.

• Familiarity with materials flow as it relates to the computer hardware, software, and medical device industries.

• Experience creating financial statements, general ledger functions, and the month-end/year-end close process.

• Able to select and work fluently with prevalent ERP and accounting systems.

• Advanced degree in Accounting, Finance, or related discipline.

• Previous experience in audit at Big 4 Accounting firm.

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.

• Salary Range: $220,000 - $240,000.

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.