Full-Time

Senior Manager of Accounting Close and Operations

Confirmed live in the last 24 hours

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$165k - $224.8kAnnually

+ Competitive Compensation Package + Equity Program

Senior

Alameda, CA, USA

Hybrid position based in Alameda, CA.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • A Bachelor's degree in accounting or related field with 12+ years of experience, or equivalent combination of education and experience
  • A comprehensive understanding of US GAAP, internal controls and full cycle accounting experience are required
  • Certified Public Accountant (CPA) is a plus
  • 8+ years of experience in a supervisory role desired
  • Strong analytical abilities, as well as oral, written, and interpersonal communication skills
  • High degree of accuracy and attention to detail
  • Proficiency with Microsoft Word, Excel, and other standard office tools
  • Excellent organizational skills with ability to prioritize assignments while handling various projects simultaneously
Responsibilities
  • Select, manage, train, and develop staff. Establish objectives and assignments and provide ongoing feedback through performance reviews and development plans.
  • Lead and manage a team of accounting professionals responsible for U.S. general ledger activities and certain international close activities.
  • Key player in the monthly, quarterly, and annual close process, managing deliverables to ensure the delivery of timely and accurate financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP).
  • Lead areas in the month end close cycle, including taking ownership of journal entries, account reconciliations, and fluctuation analyses for key components of our financial statements.
  • Leads team in presenting financial results, identifying trends, and providing insights to management.
  • Assist the Assistant Controller and Controller with the management of the accounting department, including work distribution and problem-solving.
  • Lead the integration and maintenance of new and existing accounting systems and processes.
  • Drive close cycle automation and process improvement initiatives intended to condense the close cycle, reduce manual work, and improve consistency and standardization of processes.
  • Review schedules to support SEC filings, audit and other statutory reporting requirements and work with external auditors.
  • Assist management with special projects and tasks.
  • Provide technical accounting expertise and knowledge.
  • Maintain effective internal controls for the financial close processes, ensuring compliance with SOX requirements and mitigating financial risk by monitoring accounting policies and procedures.

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products include a variety of devices for neuro interventions, such as the Penumbra System and the Penumbra SMART COIL, which are used to address issues like stroke. For peripheral vascular diseases, they offer the Indigo System and related devices. These products are designed to assist healthcare professionals in hospitals and clinics, primarily in Europe and the Americas. What sets Penumbra apart from competitors is their focus on continuous research and development, ensuring their devices meet the changing needs of the medical field. The company's goal is to provide effective and high-quality medical solutions that improve patient outcomes in neurovascular and peripheral vascular treatments.

Company Stage

IPO

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

5%

1 year growth

10%

2 year growth

20%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for minimally invasive surgeries boosts Penumbra's market potential.
  • European aging population increases demand for neurovascular devices, benefiting Penumbra.
  • FDA's Breakthrough Devices Program accelerates approval for Penumbra's innovative products.

What critics are saying

  • Layoffs in Immersive Healthcare suggest potential financial or strategic challenges.
  • New European product launches may face regulatory or market acceptance issues.
  • Frequent conference participation might divert focus from core operations and innovation.

What makes Penumbra Inc unique

  • Penumbra offers a comprehensive range of neuro and peripheral vascular devices.
  • The company focuses on innovative solutions for stroke and neurovascular disease treatment.
  • Penumbra's global presence spans North America, Europe, Asia, and Australia.

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