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iota Biosciences, a wholly-owned subsidiary of Astellas Pharma US, is a medical device company pioneering bioelectronic solutions across a range of medical therapies and diagnostics. Bioelectronic medical implants are the start of an entirely new form of medicine, treating chronic diseases through non-pharmaceutical mechanisms not previously accessible to clinicians.
iota Biosciences, Inc. was acquired by Astellas Pharma US in November 2020. Astellas Pharma US, Inc. is an affiliate of Tokyo-based Astellas Pharma Inc., a top 20 global pharmaceutical research company. Astellas is committed to turning innovative science into medical solutions that bring value and hope to patients and their families. iota’s core proprietary technology stack leverages ultrasonic energy to communicate with and power custom implantable devices, enabling completely new clinical approaches to treating diseases. At iota Biosciences you will be given the opportunity to substantially influence the design and success of these pioneering Class III medical implants, as the company expands the reach of its novel technology while bringing new solutions to the clinic.
We are seeking a highly motivated and detail-oriented Assistant Controller to join our finance team. The Assistant Controller will report directly to the CEO and work closely with our parent company to oversee the subsidiary's financial activities and ensure compliance with company policies and procedures. A successful candidate will possess strong analytical skills, excellent communication abilities, and a solid understanding of accounting principles. We are looking for someone that enjoys getting into the details but also can develop strategy and guidance for our senior leadership team.
In this role, you’ll get to:
Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements
Develop and implement accounting policies and procedures to ensure accuracy and compliance that aligns with our parent company
Oversee accounts payable and accounts receivable functions, ensuring timely and accurate processing of transactions
Manage the month-end and year-end closing processes, including reconciliations and journal entries
Assist in the preparation of annual budgets and forecasts, and monitor variances to ensure financial targets are met
Conduct regular financial analysis to identify trends, risks, and opportunities for improvement
Assist in coordinating the annual external audit process and address any audit findings or recommendations
Provide support to other departments as needed regarding financial matters and reporting requirements
Stay current with accounting regulations and best practices and ensure compliance with applicable laws and regulations
Perform other duties and special projects as assigned by the Controller or senior management
Develop the company's inventory accounting processes, including the recording of inventory transactions, valuation, and reconciliation. Implement best practices to ensure accurate inventory counts and minimize discrepancies
Qualifications:
Bachelor’s degree in Accounting, Finance, or related field preferred
CPA certified with 5 years of accounting experience or minimum of ten years of experience in accounting/finance roles
Strong knowledge of GAAP (Generally Accepted Accounting Principles) and financial reporting requirements
Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle, Netsuite) and Microsoft Excel
Experience with payroll or supporting payroll functions
Excellent analytical skills with the ability to interpret complex financial data
Detail-oriented with strong organizational and time management skills
Effective communication and interpersonal skills, with the ability to work collaboratively in a team environment
Ability to prioritize tasks and meet deadlines in a fast-paced environment
Commitment to integrity, professionalism, and continuous improvement
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At iota Biosciences, we take pride in providing equal employment opportunities to everyone, inclusive of race, ethnicity, beliefs, religion, marital status, gender, gender identity, citizenship status, age, veteran status or disability.
iota offers a very competitive benefits package that includes the following:
Health
Employees thrive when healthy, both physically and mentally:
Comprehensive health coverage for you and your family, covered at 100%
Employee Assistance Program
Time-off
Take time off when you need to take it:
Generous PTO policy
Paid parental leave
Paid holidays beyond the traditional
Paid volunteer day
Competitive Compensation
In addition to our competitive base salaries, we offer:
Annual Bonus Plan
Long Term Incentive Plan (LTIP)
401k plan with matching contributions equal to 100% of your deferral contributions up to 5% of your eligible compensation
Other
$178k-233k (estimate)
03/14/2024
05/12/2024
iota.bio
Berkeley, IL
<25
The job skills required for Assistant Controller include Accounting, Financial Statements, Accounts Payable, CPA, Financial Reporting, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be an Assistant Controller. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Assistant Controller. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Assistant Controller positions, which can be used as a reference in future career path planning. As an Assistant Controller, it can be promoted into senior positions as a Top Division Controller that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Assistant Controller. You can explore the career advancement for an Assistant Controller below and select your interested title to get hiring information.