Assistant Controller

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• 1020 Atlantic Avenue, Suite 100 Alameda, CA 94501
• Operations – Finance
• Hybrid

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 sheet, income statement, and cash flow forecasts. 
• Develop and implement accounting policies and procedures to ensure accuracy and compliance that aligns with our parent company.  
• Oversee accounts payable, accounts receivable and payroll 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 internal or external audit requests and address any audit findings or recommendations. 
• Provide guidance to other departments as needed regarding financial matters and reporting requirements. 
• Stay current with accounting and tax (sales & use, payroll, etc.) regulations and best practices and ensure compliance with applicable laws and regulations. 
• Perform other duties and special projects as assigned by supervisor 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 experience or a minimum of 10 years of experience in accounting or finance roles.
• Strong knowledge of IFRS (International Financial Reporting Standards) 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. 

Salary Range : 140000 – 160000 USD / year

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