Quanterix is revolutionizing biomarker analysis to advance precision health, leveraging Simoa technology for ultra-sensitive protein detection. This transformative technology aims to enable earlier disease detection, better prognoses, and precise treatments, with the goal of significantly improving quality of life and longevity. We are on a mission to change the way in which healthcare is provided by giving researchers the ability to closely examine the continuum from health to disease.
To make this vision a reality, we brought together the most experienced management team, renowned scientists, industry leading investors and expert advisors, to form a collaborative ecosystem, united through the common goal of advancing the science of precision health.
ROLE SUMMARY:
We are looking for an experienced and motivated
Senior Director, SEC Reporting and Technical Accounting to join our Accounting team.
Reporting to the VP, Corporate Controller, this role leads the company's SEC reporting and technical accounting team (2 team members) and revenue team (4 team members).
This is a leadership position that is expected to set the vision for and guide your teams through the execution of their responsibilities. As a subject matter expert, you will research, review, and communicate the Company's conclusions on technical accounting matters. You will produce best in class SEC reporting and disclosures based on SEC requirements and emerging reporting issues. You will also ensure your teams are completing their related accounting operations tasks. In a strategic capacity, you will lead our revenue accounting team to support the Company's growth and expansion into new products and markets.
This is a visible role that works cross-functionally within the Finance organization (including FP&A, IR, Accounting Operations and SOX Transformation) and across multiple departments (including Legal, Commercial, and Operations).
WHAT YOU'LL DO:
SEC Reporting & Technical Accounting
- Manage the SEC financial reporting process involving the preparation and review of the Company's Form 10-Q and 10-K, and related SEC filings (including 8-K's, S-8, proxy statements, etc.), managing a team of SEC and technical accountants, and working closely with other functions as needed
- Review the financial statements and disclosure checklists. Draft footnotes, MD&A, and other disclosures in SEC filings
- Proactively research trends in external reporting and peer benchmarking. Make recommendations that strengthen the company's SEC filings and ensure compliance with SEC and U.S. GAAP disclosure requirements
- Oversee the assessment, implementation, and communication of all technical accounting topics and new accounting pronouncements impacting the company
- Develop, review, and maintain comprehensive accounting policies and procedures to ensure compliance with U.S. GAAP and SEC requirements
- Participate in the financial accounting aspect of mergers and acquisition activity including financial due diligence, working with external valuation specialists, and partnering with other teams on integration activities
- Prepare the Company's ASC 805 accounting documentation, including review of third-party valuations and purchase accounting
- Provide technical guidance to the Accounting Operations team to implement processes and procedures that support the technical conclusions
- Review all technical areas covering equity, including stock-based compensation and analysis of basic and diluted EPS calculations
Revenue Recognition
- Oversee the month-end close processes for revenue and cost of revenue, including related reconciliations. Ensure the team delivers accurate and timely revenue and receivables information for internal management reporting and external SEC reporting
- Collaborate with cross-functional teams to develop, review, and maintain comprehensive revenue accounting / order to cash policies and procedures to ensure compliance with U.S. GAAP and SEC requirements. Provide internal training as necessary
- Provide contract structure guidance during contract negotiations that balance a customer's needs with favorable revenue recognition outcomes in accordance with ASC 606
- Review the estimates and judgments used in establishing the period end 'gross to net' revenue accounting, including contractual allowances / adjustments, discounts, third party claims, government reimbursement, rebates, incentives, chargebacks, etc.
- Establish accounts receivable protocols that the team can use to ensure timely and accurate invoicing to customers and collections. Partner with the sales and customer service teams accordingly
- Lead the ERP implementation for the revenue / order to cash cycle
General
- Lead, mentor, and develop the accounting professionals on your teams, providing guidance and professional growth opportunities
- Oversee the team's preparation of all related external audit requests
- Identify and drive process improvement initiatives including automation and data analytics and enhanced use of our filing platform. Create efficiencies and improved accuracy in all processes this role oversees
- Maintain SOX compliance across all areas of your responsibility and partner with the SOX Transformation team to enhance internal controls
BASIC QUALIFICATIONS:
- Bachelors degree in Accounting or Finance with 12+ years of accounting experience OR a Masters degree in Accounting or Finance with 10+ years of accounting experience
- 6+ years of managerial experience working in a publicly traded, global company listed on a U.S stock exchange
- CPA license
PREFERRED QUALIFICATIONS:
- 6+ years of progressive experience in an audit / assurance role at a 'Big 4' public accounting firm with SEC clients
- Experience in SEC reporting and technical accounting roles, including ASC 606, in publicly traded companies
- Candidates with life sciences industry background
- Strong technical accounting background with a thorough knowledge of US GAAP, SOX and SEC reporting standards, as well as experience with research and preparation of accounting position papers for complex transactions and general corporate matters
- Experience leading the technical accounting and review of valuations for M&A activity under ASC 805, including all required control documentation
- Experience collaborating with sales and legal teams, including cross-functional initiatives that include direct and indirect reports
- 4+ years of implementing or leading the revenue accounting cycle for a health care provider, including third party reimbursement and complex 'gross to net' analyses
- Demonstrated ability to grow a global quote to cash process, navigating the complexities of doing business domestically and internationally in a health care setting, and helping teams through change management
- Focus on innovation with experience standing up modern revenue / billing financial systems, ERP enhancements, and automation (robotic process automation, etc.)
- Experience with Oracle Fusion and/or as the accounting lead on the order to cash cycle for an ERP implementation
- Experience with Workiva, FloQast, and E*Trade
- Proficiency required in Microsoft Office: Word, Excel & PowerPoint
EXPECTATIONS, LEADERSHIP COMPETENCIES, SKILLS & ABILITIES:
- This role is flexible hybrid, meaning 2-3 days each week in our Billerica, MA office. Your in-office days can change each week to match your schedule and personal life
- Unwavering integrity and quality in approaching your work and relationships
- Strong technical accounting, research, and reporting skills
- A self-starter that takes initiative, can act decisively, and uses good judgment to escalate challenges
- Strong organizational, analytical, interpersonal skills with an ability to work with all levels in an organization
- Comfort acting as a 'builder'; Establish/maintain policies and process and can roll up their sleeves and support their team as needed
- Demonstrated ability leading and developing a team, providing effective coaching and development
- Exceptional written communication skills; can clearly and concisely document complex accounting and reporting issues
- Ability to communicate prolifically with presence and impact to finance and non-finance personnel
- Demonstrated ability to address complex issues and drive results. Able to identify problems, take initiative to collaborate with others, and implement solutions
- Courage to provide counsel to finance leadership and ask questions that show you always remain curious
- Resilient & versatile; ability to adapt to change and mentor teams through change management
- Lead with accounting and industry awareness. Stay up-to-date with relevant SEC, accounting, SOX, and industry standards
WHY YOU'LL LIKE WORKING FOR US:
Our Technology:
From discovery to diagnostics, Quanterix's ultrasensitive biomarker detection is fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. Simoa technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ). Our industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology, and infectious disease.
Our Commitment to Employees:
At Quanterix, our values are based on: Team, Innovation, Customer and Owner.
- Team: Challenge assumptions, not the person. Respect diversity of thought and hold ourselves to lofty standards
- Innovation: Stay curious, experiment, create and change
- Customer: Prioritize and celebrate these pioneers by doing our best to deliver on commitments
- Owner: Act with high integrity and in the best interest of Quanterix. Take measured risks and learn from their success and failures.
We reward and recognize our employees by offering competitive compensation and a 401k plan with employer match, as well as competitive health, dental, and vision benefits for employees and their dependents. We also offer an unlimited vacation policy to all exempt employees, and a generous PTO policy for non-exempt employees. All employees are eligible for equity, employee stock purchase plan, a performance bonus, and 1:1 financial counseling/planning. We also offer Tuition Assistance. We have a free, state-of-the-art onsite fitness center for all employees. To keep you fueled up, we provide onsite employees free snacks and drinks every day!
DIVERSE & INCLUSIVE WORKPLACE:
Quanterix is committed to a Diverse and Inclusive workplace. We strive to recruit candidates who will bring inclusive mindsets and contribute to our values.
Quanterix is an Equal Opportunity Employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. |
Quanterix
tuition assistance, 401(k)
Apr 23, 2025