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Accounting Operations Senior Manager

2 months ago


Alameda, California, United States Penumbra Full time


As the Accounting Operations Senior Manager at Penumbra, you will be instrumental in overseeing essential functions within the monthly, quarterly, and annual financial closing cycles. Your role will encompass performing in-depth financial statement evaluations and collaborating with the Assistant Controller and Controller on complex accounting matters and departmental management.

This leadership role requires you to cultivate and guide your team, taking charge of critical elements of the closing process while delivering valuable insights into our financial performance.

To excel in this position, you should possess a robust comprehension of U.S. GAAP, the accounting closing procedures, a commitment to enhancing processes, and the capability to effectively engage with, influence, and coordinate with various business units and team members to propel initiatives focused on streamlining the closing process.

Key Responsibilities

  • Recruit, manage, train, and develop team members. Set clear objectives and assignments while providing continuous feedback through performance evaluations and development strategies.
  • Oversee and lead a team of accounting professionals tasked with U.S. general ledger functions and specific international closing responsibilities.
  • Act as a pivotal contributor in the monthly, quarterly, and annual closing activities, ensuring timely and precise financial statements in alignment with U.S. Generally Accepted Accounting Principles (GAAP).
  • Take charge of the month-end closing cycle, including journal entries, account reconciliations, and variance analyses for key financial statement components.
  • Guide the team in presenting financial outcomes, identifying trends, and offering insights to senior management.
  • Support the Assistant Controller and Controller in managing the accounting department, including task distribution and problem resolution.
  • Lead the integration and upkeep of both new and existing accounting systems and methodologies.
  • Champion automation and process enhancement initiatives aimed at shortening the closing cycle, minimizing manual tasks, and fostering consistency and standardization in processes.
  • Review schedules to facilitate SEC filings, audits, and other statutory reporting obligations while collaborating with external auditors.
  • Assist management with special projects and additional responsibilities as needed.
  • Provide expert technical accounting knowledge and guidance.
  • Ensure effective internal controls for the financial closing processes, guaranteeing compliance with SOX regulations and mitigating financial risks by monitoring accounting policies and procedures.
Qualifications

  • A Bachelor's degree in accounting or a related discipline with over 12 years of relevant experience, or an equivalent combination of education and experience.
  • A thorough understanding of U.S. GAAP, internal controls, and comprehensive accounting cycle experience is essential.
  • Certification as a Public Accountant (CPA) is advantageous.
  • At least 8 years of experience in a supervisory capacity is preferred.
  • Strong analytical skills, along with excellent oral, written, and interpersonal communication abilities.
  • High level of accuracy and meticulous attention to detail.
  • Proficiency in Microsoft Word, Excel, and other standard office applications.
  • Exceptional organizational skills with the ability to prioritize tasks while managing multiple projects concurrently.
Work Environment

Standard office setting. Willingness and ability to work on-site. Some lifting and moving of items up to 5 pounds may be required. Must be able to navigate between buildings and floors.

Ability to remain stationary and utilize a computer or other standard office equipment, such as printers or copiers, for extended periods daily.

Must be capable of reading, composing emails, and generating documents and spreadsheets. Must be able to move within the office and access filing cabinets or supplies as necessary. Must be able to communicate and exchange accurate information with employees at all levels regularly.

Annual Base Salary Range:
$165,000 - $224,805 / year


We provide a competitive compensation package along with a benefits and equity program, when applicable.

Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.

What We Offer

  • A collaborative work environment where continuous learning is encouraged, and performance is recognized.
  • The chance to contribute to a team that is transforming the treatment of some of the world's most critical health challenges.
  • A comprehensive benefits package for eligible employees, including medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer matching, an employee stock purchase plan, paid parental leave, eleven paid company holidays annually, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick leave in accordance with applicable laws.
Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company dedicated to innovative therapies.

Penumbra designs, develops, manufactures, and markets groundbreaking products and maintains a diverse portfolio that addresses challenging medical conditions in markets with significant unmet needs.

Penumbra distributes its products to hospitals and healthcare providers primarily through its direct sales force in the United States, most of Europe, Canada, and Australia, as well as through distributors in select international markets.

The Penumbra logo is a trademark of Penumbra, Inc.


Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local laws.

If you reside in the State of California, please also refer to Penumbra's Privacy Notice for California Residents.

For additional information on Penumbra's commitment to being an equal opportunity employer, please refer to Penumbra's AAP Policy Statement.