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Paradromics

Develops implantable brain-computer interfaces

Controller

Financial AccountingPosted on Nov 12
Full-timeAustin, TX, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in accounting or finance is required.
  • At least 10 years of accounting experience, including ownership of close and financial reporting processes and experience managing an accounting team.
  • Demonstrated success in a fast-paced start-up environment, including working with limited resources and evolving priorities.
  • Strong working knowledge of U.S. GAAP, financial statement preparation, internal controls, and general ledger accounting.
  • Experience with stock option administration and stock-based compensation accounting.
  • Experience managing sales and use tax compliance.
  • Ability and willingness to perform detailed accounting work while leading the broader function.
  • Strong spreadsheet skills and experience with accounting systems and related financial tools.
  • Experience supporting external audits, fundraising diligence, and accounting system implementations.

Responsibilities

  • Own monthly, quarterly, and year-end close processes, ensuring timely, accurate, and complete financial results.
  • Prepare financial statements in accordance with U.S. GAAP, together with supporting schedules and management reporting.
  • Oversee general ledger accounting, account reconciliations, accruals, prepaid expenses, fixed assets, accounts payable, and payroll-related accounting.
  • Analyze financial results against budget and prior periods, identifying key variances and expense trends.
  • Support financial reporting for leadership, the board of directors, investors, and fundraising activities.
  • Lead coordination of external financial statement audits and serve as the primary accounting contact for auditors.
  • Manage stock option administration, including grant records, vesting schedules, exercises, cancellations, and supporting documentation using the Carta stock administration platform.
  • Coordinate with legal counsel, HR, external valuation providers, and the equity platform administrator on approved equity activity and valuation support.
  • Oversee state and local tax compliance, including applicable registrations, filings, payments, and supporting documentation.
  • Maintain compliance calendars and ensure timely completion of required filings.
  • Work with external tax advisers on income tax filings and other tax compliance requirements.
  • Design, document, and maintain internal controls and approval processes appropriate to the company’s size, resources, and risk profile.
  • Lead, coach, and develop the accounting team, setting clear responsibilities, deadlines, and performance expectations.
  • Assess staffing needs and support hiring as the company grows.
  • Improve accounting systems and support ERP and other business software tool implementations.
  • Support cash forecasting, budgeting, and cash runway reporting in partnership with finance leadership.

Desired Qualifications

  • Prior experience in a fast-paced start-up environment.
  • Public accounting experience.
  • CPA designation.
  • Experience in medical devices, biotechnology, life sciences, or another R&D-intensive business.

About the Company

Paradromics

Develops implantable brain-computer interfaces

Paradromics develops implanted brain-computer interfaces to collect and interpret large-scale neural data for neurological disorders. Its Connexus Direct Data Interface (DDI) is a surgically implanted system that records a high volume of individual neural signals and provides data interfaces for therapeutic and diagnostic use. Unlike many BCIs that focus on smaller-scale signals or consumer devices, Paradromics offers an end-to-end medical-grade platform, including installation, maintenance, and data analysis services for medical institutions and researchers. The goal is to broaden treatment options and improve diagnosis by leveraging rich brain data to guide therapies and research.

Company size
51-200
Company stage
Series A
Total funding
$108M
Headquarters
Austin, TX
Founded
2015

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