Vice President of Finance / Senior Controller, Element Science
$220-240k
More information about location
Medical device solutions
Job no longer available
Medical device solutions
21-100 employees
Job no longer available
$220-240k
More information about location
21-100 employees
Company mission
To develop solutions that address leading causes of death and hospitalization due to heart disease.
Role
Who you are
- 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
What the job involves
- 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
Our take
Element Science is a medical device company developing wearable solutions for patients with cardiovascular diseases. Through the use of machine learning algorithms, Element Science's wearable devices are able to both detect and treat lethal heart rhythms that can lead to sudden cardiac death.
The company's flagship product - funded by Google Ventures and Third Rock Ventures - is a wearable defibrillator called Jewel. In addition to Jewel, Element Science is also developing other wearable solutions, including a wearable patch that monitors heart function and detects potential problems before they become life-threatening.
Since its launch in 2012, Element Science has received significant funding from multiple venture capital firms and the National Institute of Health. Furthermore, it received prestigious recognition for its innovative technology, including being named a 2021 Technology Pioneer by the World Economic Forum and, in 2024, receiving the European Union’s CE mark and Great Britain’s UK Conformity Assessed (UKCA). Following FDA approval for its Jewel Patch Wearable Cardioverter Defibrillator, Element Science remains committed to its research and development efforts.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Mar 2020
$145.6m
SERIES C
Aug 2016
$25m
SERIES B
Total funding: $183.1m
Company benefits
- Stock Options
- 90% employer-paid medical, dental, and vision insurance
- Company-paid Basic Life Insurance
- 401(k) retirement plan (Traditional and Roth)
- Paid Holidays
- FSA (Flexible Spending Accounts)
- HSA (Health Savings Account)
- Employee Assistance Program through PEO
Company HQ
Showplace Square, San Francisco, CA
Leadership
Uday Kumar
(Founder, President & CEO)Currently Advisor for Stanford Byers Center for Biodesign. Previously Board Member at Madorra Inc. Qurious.io and G-Tech Medical, Inc.
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