What are the responsibilities and job description for the Controller position at Magnus Medical?
Job Description
Job Description
Salary : $145,000 - $170,000 Annually
Position : Corporate Controller
Functional Area : Finance & Accounting
Department : G&A
Reports to : Chief Financial Officer
Company background
Magnus Medical, Inc. (Magnus) is an innovative company that has developed and commercialized a SaaS-based offering to provide a FDA-cleared, personalized and targeted treatment of patients with Treatment Resistant Depression. Magnus is also developing similar solutions for other mental health conditions including but not limited to bipolar disorder, postpartum depression, and anxiety.
Role Description
Magnus is looking for a hands-on, independent, experienced, finance and accounting professional, preferably a CPA with experience in healthcare, biotech, medtech or pharmaceutical companies, to assume the role of Corporate Controller. They will be responsible for all finance and accounting functions for Magnus. They should have sufficient experience with GAAP requirements, month-end close processes, revenue recognition, financial planning and financial reporting and analysis. The ideal candidate understands the business aspects as well as the financial aspects and has an inclination to partner with functional heads and solve a variety of business needs, has excellent organization and communication skills, is efficient and can thrive in a fast-paced environment.
Essential Job Duties and Responsibilities
- Responsible for preparation, review and oversight of the month end financial close process
- Implement GAAP accounting standards including lease accounting, stock based compensation and revenue recognition
- Preparation of the company financial statements in compliance with GAAP standards
- Responsible for managing financial audits; Coordinate and support first year GAAP financial statement audit
- Oversee and direct 3rd party accounting firm
- Document processes and procedures in a clear and concise manner for establishing financial and operational controls
- Support all departments in the company with all finance related questions
- Support CFO with monthly, quarterly and annual financial reporting to Sr. Management and others, as requested
- Work with Tax Accountants to file the companys annual tax returns
- Drive continuous improvement activities around all aspects of finance and accounting
Skills and Qualifications
Salary Range : $145,000 - $170,000 Annually
Company Statement
We are deeply committed to integrity, kindness, and communication, and these principles govern how we will build our team and operate the company. Magnus is an equal opportunity employer. We value diversity and are committed to creating a positive, inclusive environment for all employees.
Contact
jobs@magnusmed.com
Salary : $145,000 - $170,000