Full-Time

Accounting Manager

Posted on 11/17/2024

Resmed

Resmed

5,001-10,000 employees

Develops cloud-connected medical devices for chronic diseases

Enterprise Software
Healthcare

Compensation Overview

$113k - $171kAnnually

+ Annual Bonus

Senior

San Diego, CA, USA

Category
Cost Accounting
Financial Accounting
Management Accounting
Accounting
Required Skills
Oracle
Data Analysis
Requirements
  • B.S. in Accounting or related (i.e., business administration or finance), along with over seven years of direct general accounting-related work experience.
  • Previous team leadership experience
  • Project management skills and experience managing multiple projects simultaneously
  • Thorough knowledge of US Generally Accepted Accounting Principles (GAAP), accrual accounting, and internal controls over financial reporting
  • Strong knowledge of record to report, inventory, and procure to pay accounting best practices
  • Experience with SOX 404
  • Knowledge of automated systems and computer applications (Oracle preferred), with a passion for automation and understanding data flows
  • Mastery of MS Office 365 applications
  • CPA license (Active or inactive) (Preferred)
  • Public accounting experience working on integrated audits (Preferred)
  • Experience with implementation of an enterprise resource planning (ERP) or other financial system (Preferred)
Responsibilities
  • Manage the daily General Ledger operations and month-end close process for procure to pay, record to report, intercompany, and inventory accounting processes, including recording accruals for major operating expenses and recording material estimates to inventory accounts.
  • Enforce application of proper accounting methods, policies, and principles for managed areas
  • Review the PL/BS flux (monthly/quarterly) analysis and explain the business drivers of financial statement movements in the managed areas
  • Manage and review of the journal entries and balance sheet account reconciliations prepared by senior and staff accountants in compliance with SOX review standards.
  • Prepare journal entries and account reconciliations of complex balance sheet accounts with a high attention to detail and accuracy
  • Coach and mentor team members to improve overall team skills that will allow for the company to scale efficiently.
  • Assist in the company’s annual financial and SOX audits, lead responses to internal SOX inquiries and external auditors' PBC requests for managed processes
  • Oversee intercompany accounting for the Americas, including complex intercompany transactions, billing and monthly review and reconciliation of intercompany accounts, and working with accounting teams around the world to resolve intercompany discrepancies as they arise.
  • Accounting business partner to FP&A, Operations, Tax, AR, AP, Inventory operations, and other regional finance teams
  • Oversee the accounting for the regional distribution center and consignment partner inventory
  • Drive continuous improvement initiatives by recommending efficient processes, improved tools and optimal analytics for the accounting team
  • Drive efficiencies in the financial close process and seek out new ways for process improvement
  • Perform ad hoc analysis and projects in a timely manner as requested or identified
  • Perform business related tasks and requests as requested to support our business partners

ResMed develops medical devices and software platforms that help treat and manage conditions like sleep apnea and chronic obstructive pulmonary disease (COPD). Their products are cloud-connected, allowing for better monitoring and management of patients' health. ResMed's offerings include both medical devices and software subscriptions, which provide ongoing support and services. Unlike many competitors, ResMed focuses on reducing hospital visits and healthcare costs, making their solutions beneficial for both patients and healthcare systems. The company's goal is to improve the quality of life for patients while providing effective care solutions.

Company Stage

IPO

Total Funding

$1.1M

Headquarters

San Diego, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

7%

1 year growth

0%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • ResMed's expansion of its board with experienced leaders like Christopher DelOrefice signals strong governance and potential for strategic growth.
  • The acquisition of Inhealthcare positions ResMed to capitalize on the growing demand for remote patient monitoring solutions.
  • Significant investments from financial institutions like WoodTrust Financial Corp indicate strong market confidence in ResMed's future prospects.

What critics are saying

  • The integration of Inhealthcare could present challenges in aligning corporate cultures and operational processes.
  • The competitive landscape in sleep technology and remote patient monitoring is intense, requiring continuous innovation to maintain market leadership.

What makes Resmed unique

  • ResMed's AirSense 11 PAP Series offers advanced features like AutoRamp technology and an intuitive touchscreen, setting it apart from competitors in the positive airway pressure devices market.
  • The acquisition of Inhealthcare enhances ResMed's capabilities in remote patient monitoring and virtual wards, broadening its healthcare technology portfolio.
  • ResMed's strategic marketing campaigns, such as the 'Discover Your Sleep Superpowers' initiative, demonstrate a unique approach to consumer engagement in the sleep technology sector.

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