External Reporting Manager
External Reporting Manager
About Beta Bionics
Beta Bionics, Inc. is a medical technology company working to commercialize the world’s first bionic pancreas called the iLet®. The iLet bionic pancreas is a wearable investigational device designed to autonomously control glucose in people with diabetes or other conditions of glycemic dysregulation.
Fueled by investments from high-profile funds and strategic partners and leveraging technology backed by years of clinical data, we are now entering a tremendously exciting phase in our development as we prepare to begin our large pivotal clinical trial and anticipated commercialization of the iLet bionic pancreas.
Beta Bionics is a public benefit corporation. This means we are a for-profit company with obligations to serve both our public benefit mission and shareholders’ interests. Beta Bionics is also a certified B Corporation; and as such accountable to operate with high standards of transparency, sustainability and accountability to our customers, employees, business partners, society, and the environment.
Successful candidates will be working with highly experienced colleagues, who are amongst the best in their fields and dedicated to bringing to market our truly disruptive technology. We have a mission-driven, passionate and collaborative culture where you will have a high degree of empowerment and opportunity to make a significant impact.
Please contact us if you fit the profile below and if you are interested in joining us on this journey to achieve Beta Bionics’ bold commitment to the millions of people waiting for the iLet bionic pancreas!
External Reporting Manager
Reporting to the Corporate Controller, the External Reporting Manager will be responsible for the preparation of the quarterly and annual financial statements, technical accounting matters, and implementation of new accounting standards. The External Reporting Manager will be responsible for reviewing new and significant agreements or transactions, effectively documenting technical accounting research and conclusions, and providing accounting guidance to the team. Lastly, this position will also be responsible for any government surveys that need to be completed and will support testing performed on internal controls by our external auditors.
This position is based in Concord, MA.
Key Job Responsibilities
Manage all aspects of the external reporting process, including preparation of the Company’s external financial reports, (Form 10-K’s, 10-Q’s, Proxy, etc.) and earnings releases, as well as internal management reporting, including the quarterly cash flow statement.
Ensure compliance with all GAAP and related SEC financial disclosure requirements.
Assist with the review of the XBRL process.
Develop and maintain reporting procedures to comply with internal control requirements in accordance withSarbanes-Oxley and continuously seek improvements in control processes/procedures.
Lead technical accounting research and analysis to ensure timely identification and compliance withevolving accounting guidance, provide US GAAP interpretation and prepare technical memorandums thatdocument issues and conclusions in a clear, logical, and comprehensive manner.
Review significant contracts for proper accounting, including significant revenue contracts for properaccounting under ASC 606.
Collaborate with other members of Finance in providing accounting guidance on complex and unusual transactions.
Lead implementation of ASC 842 and other new, applicable accounting pronouncements.
Assist with key areas of the monthly closing process, such as revenue recognition, equity accounting, andany other complex areas, ensuring deadlines are met.
Manage communications with external auditors on external financial statements and accounting issues toensure auditor agreement with Company decisions on accounting disclosures and issues.
Support testing performed on internal controls internally and by external auditors.
Develop and maintain strong working relationships with key stakeholders across other functional areas andexternal business partners, driving cross-functional alignment to key strategies and action plans.
Participate in or lead initiatives and team projects and processes as assigned, including managing continuousimprovement initiatives and driving efficiency in the financial reporting process.
Manage and comply with local, state, and federal government reporting requirements.
Oversee, lead, and develop accounting staff.
Assist Corporate Controller as needed.
Required Education and Experiences
Bachelor’s degree in Accounting, Finance, Business Administration with an emphasis in Accounting, or a related field.
5 to 10 years of progressive accounting experience with a combination of public accounting auditing manufacturing and/or life sciences industries and public company experience in related industry.
Certified Public Accountant (CPA) license required.
Proficiency with Microsoft Office Suite, ERPs, accounting software and experience with financial reportingsystems.
Exceptional knowledge of finance, accounting, and Generally Accepted Accounting Principles (GAAP).
Excellent written and verbal communication skills.
Advanced knowledge of accounting best practices, laws, standards, and state/national regulations.
Analytical ability to develop and implement improvements or recommendations.
Strong leadership and team development skills
Self-motivated individual with ability to work with minimal direction from others, focusing on results andadding value to accounting operations and growth of the Company.
Ability to work in a fast-paced environment and manage well through ambiguity and complexity.
Pays strict attention to detail.
Able to work well with senior executives and team, as well as mentor/lead other team members.
Training and mentorship with ongoing learning and development courses
Comprehensive medical and dental coverage
401(k) program with employer match
Generous vacation accrual and paid holiday schedule
Equal Employment Opportunity Statement
It is the policy of Beta Bionics to provide equal employment opportunity to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Beta Bionics will provide reasonable accommodations for qualified individuals with disabilities.How to ApplyIf you are interested in the position, please submit your resume to HR@betabionics.com.