Corporate Controller

Rapid Micro Biosystems - Lowell, MA3.3

Full-timeEstimated: $110,000 - $150,000 a year
EducationSkills
Reporting to the CFO, the Corporate Controller will be a high-performer and potential future CFO successor. The Corporate Controller will provide accounting, reporting and internal controls expertise, financial process guidance, strategic financial oversight, and business leadership/insight to the company. This person will be responsible for all accounting, tax and associated reporting activities for the business. Specific areas of responsibility will include leading and providing financial/business advice covering the accounting close process, technical accounting (including revenue recognition), financial reporting, worldwide tax/financial compliance, internal controls, treasury and cash management, risk management and insurance, financial and non-financial business process review, business strategy initiatives and special projects. The Corporate Controller will have considerable experience not only in providing financial guidance and expertise to different functions within the company, but also will make recommendations to improve process and profitability. This person will initially manage a team of three with growth expected over time.

PRIMARY AREAS OF RESPONSIBILITY

Strategic partnership with CFO and other business leaders to support growth strategies and ensure compliance with GAAP and other relevant rules and regulations

General accounting, accounts payable and payroll
Annual financial statement audit
Revenue management including revenue recognition, invoicing and credit and collections
Other technical accounting matters
Internal control over financial reporting
Cost accounting and operations finance, including supervision of the Cost Accounting Manager
Treasury / cash management, including cash reporting and forecasting
Lender reporting and compliance
Risk management and insurance, including annual renewal
US Federal and State and international tax planning and compliance
Legal and contracts support
Investor reporting and management
Equity administration and equity compensation
Government contract forecasting, invoicing and compliance
ESSENTIAL JOB FUNCTIONS

Builds teams, partnerships and relationships across the organization and externally that lead to the highest levels of collaboration, engagement and productivity
Assists CFO and other company executives in the development and formulation of long and short-range financial plans, policies, programs and objectives
Anticipates needs and ensures development and maintenance of robust, scalable capabilities (processes, systems, policies/procedures, organization and compliance) to support the company's rapid growth
Hires, trains, mentors and develops the Accounting team
Owns the Company's financial statements and monthly/quarterly/annual financial reporting
Ensures GAAP-compliant statements are accurate and produced on a timely basis in compliance with a monthly close calendar
Oversees the consolidation of financial results and preparation of consolidated financial statements
Responsible for overall integrity of general ledger structure including account set up, and working with IT team/outside consultants to ensure ERP system is running efficiently and effectively
Implements and maintains strong internal controls, processes and policies and develops path to future SOX compliance
Owns technical accounting including assessment and implementation of new accounting standards
Owns revenue management including revenue recognition (ASC 606), invoicing and credit and collections
Oversees the Accounting Manager's ownership of general accounting, accounts payable and payroll
Oversees the Cost Accounting Manager's ownership of cost accounting and operations finance
Owns equity administration and equity accounting utilizing Carta system, including 409A analyses
Supports financial aspects of debt and equity financing activities
Owns invoicing and supports forecasting and compliance for the Company's government contract
With the Director, Finance, helps drive the budget and forecast process
With the Director, Finance, helps prepare Finance-related content for presentations to the Board of Directors, investors and other stakeholders
Initiates and leads relevant projects (e.g., ERP implementations, major accounting standard implementations)
Performs miscellaneous duties and projects as assigned and required

Works with CFO to manage:
External auditor relationship; leads annual audit process
Treasury including banking relationships; owns cash management and cash flow forecasting
Risk management and insurance; helps lead annual renewal process
Comprehensive tax planning; owns tax compliance activities
Legal and contracting support, including management of outside commercial/contracts counsel
Investor relationships; owns equity investor reporting and monthly lender reporting and compliance
EXPERIENCE REQUIREMENTS

Bachelor's Degree in Accounting or Finance required; Master's Degree or MBA a plus
CPA required; 5-7+ years Big 4 public accounting experience strongly preferred
10 – 15+ years of progressive, relevant Finance experience including building, leading and mentoring teams in a fast-paced environment
In-depth manufacturing experience and understanding of cost accounting concepts and their application required
Experience working with an ERP system required; ERP implementation experience a plus
M&A and/or IPO experience a plus
CHARACTERISTICS, SKILLS & ABILITIES

Career-motivated, dedicated and committed leader
Hands-on, detail-oriented self-starter with strong financial and analytical skills
Highest level of ethics and integrity
Extremely dependable and accountable with a strong sense of urgency and results-orientation
Strong business sense and common sense
Intellectually curious; able to quickly understand new ideas/concepts and apply knowledge and concepts to them to solve problems and create solutions
Comfortable with change and able to anticipate, scale and manage in an evolving, rapid-growth environment
Strong communication and collaboration skills, including across functions within the organization
Strong team-building and mentoring skills
Good sense of humor; infuses positive energy and fun into the work environment
LEADERSHIP RESPONSIBILITY

Directly manages Accounting Manager and Cost Accounting Manager
Works closely with CFO and Director, Finance (Finance leadership team) to define and execute on organizational goals and strategic plans
Works with company and functional leadership to define and execute on company goals and strategic plans
Minimal travel required

Rapid Micro Biosystems (www.rapidmicrobio.com) provides innovative products for faster detection of microbial contamination in the manufacture of pharmaceutical, biotechnology, and personal care products.

The Company's Growth DirectTM System detects contamination earlier, delivering compelling economic benefits to manufacturers, while improving their quality process. The Growth Direct System is the first and only automated system that addresses all key microbial QC applications and fits with current regulatory practices, a critical accelerator for adoption. Automated analysis eliminates error-prone manual steps and saves labor; rapidly detecting contamination enables manufacturers to reduce inventory carrying costs, shorten manufacturing cycle time, and reduce product losses, delivering significant cost savings and increased operational efficiency. We are headquartered in Lowell, MA with operations in Lowell and Freising, Germany.

Rapid Micro Biosystems is committed to the principle of equal employment opportunity. Applicants for employment and employees are reviewed on their individual qualifications for a position. Under no circumstances will Rapid Micro Biosystems discriminate against qualified persons on the basis of race, color, religious creed, retaliation, national origin, ancestry, sexual orientation, gender, disability, mental illness, genetics, choice of health insurance, marital status, age, veteran status, or any other basis prohibited under applicable law.

Must be authorized to work in the U.S. Please no phone calls or agencies please.

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