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VP, Corporate Controller/Chief Accounting Officer
2 months ago
VP, Corporate Controller/Chief Accounting Officer page is loaded VP, Corporate Controller/Chief Accounting Officer Apply locations Madison, WI time type Full time posted on Posted 30+ Days Ago job requisition id 2588
Give hope. Give health. Make your mark in the fight against cancer.
At Accuray, we make a direct and powerful impact on the lives of cancer patients every day — helping them live longer, better lives. But our commitment to innovation offers a truly unique opportunity: the chance to change the fight against cancer — helping to develop, introduce and support new treatment delivery systems and software that will give new hope and new health to cancer patients and cancer survivors around the world .
Accuray develops, manufactures and sells radiotherapy systems for alternative cancer treatments. Our radiation therapy for cancer makes treatment shorter, safer, personalized and more effective, ultimately enabling patients to live longer, better lives.
Job Description
SUMMARY:
Accuray is preparing for a period of tremendous revenue and profitability growth as the direct result of successful go-to-market strategies, geographical expansion, and new market product introductions. To accelerate and support this trajectory, we’re searching for a highly qualified Vice President and Corporate Controller, reporting to the Company’s Chief Financial Officer, who will be responsible for the Global Accounting and Controllership organization and its general ledgers and related financial/SEC reporting in accordance with US GAAP as well as ensuring compliance with the Sarbanes-Oxley Act and foreign statutory reporting including all income and VAT tax compliance.
The position will ensure adequate systems of internal controls exist globally and ensure trained teams are staffed to produce financial statements both accurately and timely within the company’s existing ERP systems and related financial reporting systems and will have oversight on the shared services activities for the company. This position will also be one of the key management drivers for a new ERP system implementation anticipated in the next two years.
REPORTING TO/DEPARTMENT:
Reports to the SVP & CFO in the Finance & Accounting department.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Manage and direct both the U.S. and International accounting functions, including providing leadership over balance sheet reviews and month-end close processes
- Hands-on oversight of global revenue accounting functions to ensure accurate and timely revenue reporting in a complex revenue recognition environment
- Work directly with regional commercial and operations leaders to support revenue operations; proactively advise on revenue deal structuring while ensuring GAAP compliance
- Establish and maintain the organization's accounting principles, practices, procedures, and initiatives on new accounting guidelines for effective adoption
- Ensure that effective internal controls are in place and compliant with GAAP and applicable international and local regulatory laws and rules for financial and tax reporting
- Partner with other finance leaders to drive finance operational improvements including optimization of monthly and quarterly close cycle
- Drive organization improvements to develop the best team possible and work with staff to ensure that adequate development plans are in place so that we create and grow a bench of high performing finance and accounting talent
- Provide leadership to the Technical and Revenue Accounting team and ensure that all unique transactions have full transparency for revenue recognition and/or proper accounting/recording
- Ensure compliance with debt covenants
- Lead the interaction with China JV finance team and ensure JV’s financial results are properly integrated into the Company’s financial statements in accordance with US GAAP
- Own the global working capital delivery (AR and AP) and work with the FP&A team to project and deliver working capital performance commitments
- Drive continuous improvement to contemporize existing processes that optimize the utilization of our new SAP/ERP system
- Be a key contact to Legal and Compliance function to ensure that required compliance actions and steps are enacted into practice as would specifically relate to the global finance and accounting teams
- Act as the primary point of contact for the Company’s independent auditors and lead quarterly reviews and annual audit to successful completion, including timely filing of periodic SEC reports
- Prepare audit committee agenda and package on a quarterly basis; deliver key messages to the audit committee members along with the CFO
- Evaluate organizational structure against best practices for optimization of resources including a shared services model (insourcing/outsourcing)
- Partner with leaders across the organization to utilize accounting as a growth driver – leveraging previous experience with risk management
QUALIFICATIONS:
Preferred or Desired:
- Public accounting experience
Required:
- Requires BA or advanced degree in Accounting, CPA certification and skilled in US GAAP
- 10-15 years’ experience in medium to large scale organization ideally in med tech or capital equipment industry
- Working knowledge of US and international tax concepts
- Thorough understanding of and experience applying the provisions of ASC 606 in a complex revenue transaction environment
- Demonstrated expertise in a variety of the field's concepts, practices, and procedures
- Experience managing large teams in a variety of global locations
Knowledge and Skills:
- It is essential that prospective candidates possess excellent interpersonal, written, and oral communication skills and understand the implications their actions and those of the Finance team will have on the strategic and organizational demands of a rapidly growing company. Additional professional qualifications will include, but not be limited to:
Results-oriented; high business acumen/strategic orientation, influence leadership, change leadership – driving a change to execution seamlessly
Self-motivated with a bias for action with strong analytical skills and ability to use those skills to influence and drive change
Detailed oriented, passion and curiosity to dive into problem areas before they become financial surprises
Strong business acumen, including the ability to partner and communicate effectively with senior leaders across all functional areas, as needed
Proper balance of Controllership and FP&A experience, appropriately engaging personality so that you are sought out as a solution provider and problem solver
Experience working with peers and leaders in non-accounting and financial functions (i.e., Sales, Marketing, Logistics)
Demonstrated experience in overseeing foreign operating locations in Asia and Europe
Demonstrated ability to lead an organization through major changes without losing momentum.
The ability to inspire continuous focus on key business drivers, as well as the Company’s mission/values
Continuous improvement oriented –has familiarity with lean principles and how to apply them to Finance value streams
Customer service oriented – high sense of urgency
To qualify for this position, candidates must be able to furnish proof that they are authorized to work in the country they are applying on a permanent basis without sponsorship.
EEO Statement
At Accuray, our commitment to patient-first outcomes drives an inclusive and collaborative work environment where the best ideas rise to the top — and everyone works to push them further. We value diversity in both the professional and personal backgrounds of our employees, as this variety adds rich energy to every team, every project and every work day. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin – including individuals with disabilities and veterans.
Accuray Pay Transparency Statement:
Accuray pay ranges vary based on work location. As a part of the total compensation package, this role may be eligible for the Accuray Bonus Plan or a role-specific commission/bonus, as well as annual refresh stock grants. Recruiters can share more detail during the hiring process. Each candidate’s compensation offer will be based on multiple factors including, but not limited to, geography, experience, skills, future potential and internal pay parity.
About UsOur Vision and Mission
We work passionately to expand the curative power of radiation therapy to improve as many lives as possible. We pursue this by thinking, acting, and executing beyond expectations every day to deliver better, safer radiation therapy solutions and help patients get back to living their lives, faster.
Powerful Innovation that Delivers
We are committed to designing radiotherapy solutions that can take on the most complex challenges — while making commonly treatable cases even easier. From robotic to helical radiation therapy delivery, we invent unique, market-changing solutions that can meet the full spectrum of patient needs.
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