Accounting Manager, Ketryx

Salary not provided

Generous stock options possible

Senior level
Boston

More information about location

5+ days a week in office (Kendall Square, Boston)

Ketryx

Compliance & safety for medical software development

Open for applications

Ketryx

Compliance & safety for medical software development

21-100 employees

HealthcareB2BArtificial IntelligenceComplianceSaaSCyber SecurityAutomationMedTech

Open for applications

Salary not provided

Generous stock options possible

Senior level
Boston

More information about location

5+ days a week in office (Kendall Square, Boston)

21-100 employees

HealthcareB2BArtificial IntelligenceComplianceSaaSCyber SecurityAutomationMedTech

Company mission

To enhance medical software safety and reliability, reducing recalls and improving patient outcomes.

Role

Who you are

  • Bachelor’s degree in Accounting, Business Administration, or related field
  • 5+ years of accounting experience
  • Strong knowledge of GAAP and financial reporting requirements
  • Experience with month-end close processes and financial statement preparation
  • Knowledge of accounting standards (e.g. revenue recognition, R&D capitalization, etc.) for software companies
  • Ability to work independently and manage multiple priorities
  • Experience developing and documenting accounting processes
  • Proficiency in accounting software and Excel
  • Excellent analytical and problem solving-skills
  • Strong written and verbal communication skills
  • Currently in the Greater Boston area, willing to work in our Kendall Square office in a hybrid work structure which is currently 4/1
  • Passion for building processes and capabilities from scratch
  • Process improvement mindset
  • Ability to thrive in a fast-paced, dynamic environment

Desirable

  • CPA certification
  • Prior startup or high-growth company experience
  • Strong interpersonal skills and ability to collaborate across departments
  • Background in SaaS or technologies companies
  • Previous experience managing external provider relationships

What the job involves

  • Ketryx is excited to add an Accounting Manager to the finance team in Boston
  • This position will build and lead the accounting function of the business
  • Develop, implement, and manage accounting policies, procedures, and internal controls which will enable the company to scale effectively
  • Evaluate and manage the mix of in-house versus outsourced accounting functions, ensuring quality, timeliness, and value, taking into consideration the scale and growth stage of the company
  • Prepare, review, and ensure the accuracy and timeliness of journal entries, reconciliations, and financial analysis
  • Build and manage monthly, quarterly, and annual close processes in accordance with GAAP
  • Prepared and review monthly financial statements, including income statement, balance sheet, and cash flow statement
  • Build and track key financial and accounting metrics to support management’s understanding of the financial health of the business
  • Responsible for leading annual audit processes and tax filing preparations
  • Build and maintain relationships with outside resources, to include external auditors, tax advisors, banking partners, and others
  • Evaluate and implement accounting and finance software systems and tools, as needed
  • Oversee accounts payable and accounts receivable functions
  • Lead annual budgeting process, including creating detailed departmental budgets, tracking performance against budget, and providing variance analysis

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Company

Company benefits

  • Flexible working hours
  • Hybrid work options
  • Generous PTO
  • Opportunity to learn and grow as part of a global team
  • Work in an exciting field with a positive impact on the world

Funding (last 2 of 3 rounds)

Dec 2023

$14m

SERIES A

Jun 2022

$2m

EARLY VC

Total funding: $18.1m

Our take

With the rate of MedTech development, life-changing innovations can be slowed and even thwarted by complex FDA regulatory processes and compliance issues. Ketryx is a software company that helps MedTech solutions reach the market at a quicker pace, with its AI-powered platform that supports safe and compliant software development.

The company's Connected Lifecycle Management Platform uses artificial intelligence to remove the chances of human error in product development, allowing for rigorous and fast quality assurance through automation. It also helps companies manage the frequent software updates required to create MedTech products within an increasingly complex ecosystem.

With few competitors in the MedTech lifecycle management space, Ketryx is a step ahead with its several rounds of funding. The latest raise will be put into expanding access to its platform, with the hope that more and more MedTech software developers will want to outsource their safety and compliance management rather than create complex systems in-house.

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Freddie

Company Specialist at Welcome to the Jungle