Full-Time
Senior Accountant
Confirmed live in the last 24 hours
Promaxo
51-200 employees
Provides compact MRI solutions for urology
Compensation Overview
$80k - $110kAnnually
Senior
Oakland, CA, USA
Position requires onsite presence in Oakland, California.
- A bachelor’s degree in accounting or finance is required
- 3 - 5 years’ experience in accounting
- Working knowledge of Generally Accepted Accounting Principles (GAAP)
- Strong oral and written communication skills
- Experience in Microsoft Excel and other MS Office applications.
- Detail-oriented with a high level of accuracy in work.
- Strong organizational and time management abilities.
- Ability to work independently as well as part of a team.
- Manage and own accounts payable, accounts receivable & expense reimbursements process, including AP & AR invoice processing, vendor management, and payment reconciliation.
- Support month-end and year-end close processes by performing account reconciliations and journal entries.
- Manage fixed assets and intangible assets.
- Participate and assist in special projects and initiatives as assigned by supervisors or management.
- Ensure the integrity of accounting information by recording, verifying, consolidating, and entering transactions.
- Assist in external audits by analyzing and scheduling general ledger accounts and providing information for auditors.
- Assist outside tax accountant with tax filings.
- Protect organization’s value by keeping information and data confidential.
Promaxo provides MRI solutions specifically designed for prostate imaging and image-guided biopsies. Their MRI system is compact and modular, allowing private medical practices, especially those in urology, to perform scans on-site without the need for extensive facility upgrades. This system uses low magnetic fields to generate high-quality images quickly and comfortably for patients. Unlike traditional MRI systems, Promaxo's technology is more accessible and cost-effective, enabling practices to avoid referring patients to external imaging centers, which reduces wait times and enhances patient care. The company differentiates itself with a strong intellectual property portfolio and a business model that allows clinics to recover the cost of the MRI system in less than a year. Promaxo's goal is to improve the quality of care in medical imaging by making MRI technology more available and affordable for healthcare providers.
Company Stage
Seed
Total Funding
$48.1M
Headquarters
Oakland, California
Founded
2016
6 month growth
↑ 16%1 year growth
↑ 23%2 year growth
↑ 86%
Simplify's Take
What believers are saying
- Promaxo's recent FDA 510(k) clearance for prostate biopsy and treatment positions it as a leader in point-of-care imaging.
- The company's strategic investments and advisory appointments, such as with Fred Moll, enhance its credibility and growth potential.
- Promaxo's successful sales momentum, with 40 systems sold across 16 states, indicates strong market adoption and revenue growth.
What critics are saying
- The medical imaging market is highly competitive, requiring continuous innovation to maintain a leading position.
- Integration of AI and robotics into MRI systems may face regulatory and technological challenges.
What makes Promaxo unique
- Promaxo's MRI systems are compact and modular, eliminating the need for extensive facility upgrades, unlike traditional MRI systems.
- The company's focus on low magnetic fields and patient comfort sets it apart in the medical imaging market.
- Promaxo's strong intellectual property portfolio with 60 issued and pending patents provides a significant competitive edge.
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Benefits
Health
Family
Community Activties
Convenience
Time Away
Growth