What are the responsibilities and job description for the Financial Controller position at XingImaging, LLC?
DESCRIPTION OF THE POSTION:
This is a regular, exempt, hybrid full-time position at our New Haven, Connecticut facility.
The Financial Controller is a highly organized, self-motivated, and experienced individual to support the global operations, with a particular focus on the company’s day-to-day financial and payroll activities along with its short and long-term financial planning.
This position will be responsible for overseeing and performing the company’s day-to-day financial and administrative activities along with short and long-term financial planning. In addition, this position will be a key participant and, in certain cases, lead the development of sales proposals and quotations. This is a highly collaborative role, and this position is expected to develop and maintain strong relationships with multiple internal and external stakeholders.
MAJOR AREAS OF RESPONSIBILITY:
Financial Account Management:
- Oversee and serve as backup for the company accounting team. Perform accounting setup and ongoing day-to-day bookkeeping services such as:
- Accounts Payables, Accounts Receivables, and Customer Invoicing. Services include but are not limited to receiving, recording, processing, and verifying transactions.
- Reconcile the company’s bank statements and bookkeeping ledgers
- Manage income and expenditure accounts, and completing analysis of expenditures
- Produce a variety of reports including income statements and balance sheets
- Review for accuracy reports, figures, and postings
- Reconcile and report any discrepancies found in the records
Payroll:
- Oversee and serve as backup to the accounting team:
- The preparation, entry, and validation of payroll data using payroll provider’s online system to produce accurate and timely payroll
- Prepare and enter payroll journal entries
- Process and issue W-2 forms to employees
- Process State, Federal, and other earnings-related filing and reporting requirements
Financial Analysis:
- Develop financial plans, forecasts, and budget
- Monitor cash flow and alert senior management to projected cash flow issues
- Run short and long-term analysis, trends, and forecasting
- Make recommendations to company leadership
Tax Management and Company Business Structure:
- Ensure the filing and remittance of taxes and other financial obligations
- Oversee financial activities, ensure financial and regulatory compliance, and prepare consolidated financial statements of our subsidiary company(ies)
Sales and Proposal Development:
- Work with XingImaging leadership to develop new business and expand existing business through proposal, budgeting, and contracting process
General:
- Collaborate with accounting, payroll, and other service providers on a regular basis as part of day-to-day, monthly, annual, and event-driven activities including annual fiscal reporting and audits
- Recommend and ensure sufficient controls and monitoring are in place that meet required accounting standards and regulatory requirements
- Participation in vendor evaluation and selection
- Other duties as assigned by supervisor
QUALIFICATIONS AND REQUIREMENTS:
Required:
- Undergraduate degree in Finance, Accounting, or similar discipline; advanced degree preferred
- 7 years of experience with or knowledge of US accounting principles such as Generally Accepted Accounting Principles (GAAP), including the recording and measurement of business or financial transactions in any field of practice.
- Experience in Clinical Research, Healthcare, and or Life Sciences Industries
- Experience with China and UK / International accounting principles preferred
- Experience with QuickBooks Online
- Strong interpersonal and people management skills; ability to work productively both independently and as part of team, and the ability to cultivate strong relationships with individuals of varied backgrounds
- Demonstrated experience with fast-paced team environment; comfort with ambiguity and flexible about changing dynamics and priorities
- Strong competencies for and/or direct experience managing staff members.
PLEASE NOTE:
Please note that since this is position is at least partially onsite, in the case of epidemic or other health crisis, employee must be willing to take reasonable steps to ensure that bacterial and viral infections are not spread to others including but not limited to temperature checks, vaccinations, exclusion from the office building, and other precautions as required by the building’s landlord.