Financial Accountant

Posted 4 Days Ago
Be an Early Applicant
Minnetonka, MN, USA
Hybrid
Junior
Healthtech • Manufacturing
The Role
Supports financial accounting, reporting, compliance, and internal controls in a multi-entity environment. Responsibilities include preparing journal entries, managing period-end close, reconciling accounts, analyzing variances, maintaining balance sheet and income statement accounts, supporting banking, fixed assets, leases, payroll, accounts payable, audits, tax compliance, and process improvements.
Summary Generated by Built In

Saluda Medical is a commercial‑stage medical device company focused on developing treatments for chronic neurological conditions using its novel closed‑loop neuromodulation platform. The company’s proprietary technology senses and measures neural responses to stimulation and automatically adjusts therapy based on real‑time neurophysiological feedback.

Saluda Medical’s first product, the Evoke® System, is designed to deliver known, consistent, and personalized spinal cord stimulation therapy by objectively measuring neural responses and maintaining therapy within a prescribed therapeutic window. Saluda Medical is headquartered in Minneapolis, Minnesota.

At Saluda, we challenge boundaries. We innovate and think beyond the conventional. Our focus is to revolutionize the standard of care in neuromodulation to positively impact patient’s lives.

The Financial Accountant supports the Company's financial accounting, reporting, and compliance activities and plays a key role in maintaining the integrity of the Company's financial records. This position partners closely with the Accounting team and Controller to ensure financial transactions are accurately recorded, financial statements are prepared in accordance with GAAP, and internal controls are effectively maintained.


What You’ll Do:

  • Strong understanding of financial reporting, general ledger accounting, and accounting processes within a multi-entity environment.
  • Prepare and post journal entries, accruals, and other accounting transactions in accordance with GAAP.
  • Manage month-end, quarter-end, and year-end close activities to ensure accurate and timely financial reporting.
  • Prepare monthly account reconciliations and investigate and resolve reconciling items on a timely basis.
  • Analyze financial results against budget, forecast, and prior-period performance and provide explanations for significant variances.
  • Maintain assigned balance sheet and income statement accounts and ensure completeness and accuracy of supporting documentation.
  • Identify process improvement opportunities and internal control enhancements, and recommend solutions to improve efficiency and effectiveness.
  • Support cash reconciliations, banking activities, prepaids, fixed assets, lease accounting, payroll accounting, and accounts payable reconciliations.
  • Assist with external audits, tax compliance activities, and requests from internal and external stakeholders.
  • Participate in special projects and other accounting initiatives as assigned.
  • Identify process/control weaknesses and work independently to find resolutions.
  • Areas of responsibilities include, but are not limited to: cash reconciliations and banking transaction support, prepayments, fixed assets, lease accounting, payroll accounting support, and accounts payable reconciliation support.

What You’ll Bring:

  • 2+ years of progressive accounting experience, preferably in Medical Device.
  • Bachelor’s degree in Accounting or related field.
  • Big 4/Public accounting experience preferred.
  • CPA certification preferred.
  • Strong knowledge of U.S. GAAP and financial reporting requirements.
  • Experience preparing account reconciliations and performing month-end close activities.
  • Proficiency with ERP systems and Microsoft Excel, including advanced Excel functions.
  • Strong analytical, problem-solving, and critical-thinking skills.
  • Exceptional attention to detail and organizational skills.
  • Effective verbal and written communication skills with the ability to work cross-functionally
  • Growth mindset, positive energy and the ability to work well with others.

Our Core Values:

  • People – Our first responsibility is to the patients we serve.
  • Integrity – Do the right thing
  • Pioneering – Lead Boldly, Change Lives, Disrupt the Status-Quo
  • Performance – Win together – Deliver with Excellence.

Saluda Medical embraces diversity and equal opportunity. We are committed to building a team representative of a variety of backgrounds, perspectives and skills. We believe people are the source of our inspiration and innovation.

Saluda Medical does not accept non-solicited resumes or candidate submittals from search/recruiting agencies not already on Saluda Medical’s approved agency list. Unsolicited resumes or candidate information submitted to Saluda Medical by search/recruiting agencies not already on Saluda Medical’s approved agency list shall become the property of Saluda Medical.

Skills Required

  • 2+ years of progressive accounting experience
  • Bachelor’s degree in Accounting or a related field
  • Strong knowledge of U.S. GAAP and financial reporting requirements
  • Experience preparing account reconciliations and performing month-end close activities
  • Proficiency with ERP systems and Microsoft Excel, including advanced Excel functions
  • Strong analytical, problem-solving, and critical-thinking skills
  • Exceptional attention to detail and organizational skills
  • Effective verbal and written communication skills with cross-functional collaboration ability
  • Big Four or public accounting experience
  • CPA certification
  • Medical device accounting experience
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The Company
HQ: Sydney
482 Employees
Year Founded: 2011

What We Do

Saluda Medical is a global company revolutionizing the field of neuromodulation with an emerging portfolio of therapies driven by advanced closed-loop technologies designed to treat debilitating neurological disorders. The company’s first product, the Evoke® System, is the only ECAP-controlled closed-loop spinal cord stimulation (SCS) system and is indicated as an aid in the management of chronic intractable pain of the trunk and/or limbs, including unilateral or bilateral pain associated with failed back surgery syndrome, intractable low back pain, and leg pain. The Evoke System instantaneously reads, records, and responds to the nerves’ response to stimulation to provide continually optimized therapy and is proven to be superior to open-loop SCS for the treatment of overall trunk and/or limb pain. 12-month results from the EVOKE Study, the first double-blind randomized controlled trial (RCT) used in support of Premarket Approval (PMA) in spinal cord stimulation history, were published in The Lancet Neurology and 24-month results have since been published JAMA Neurology. Both studies are poised to set new clinical standards for long-term pain relief and improvements in physical and emotional functioning, sleep quality and health-related quality of life. In the EU, Evoke is CE Marked and commercially available. In the U.S., Evoke is FDA-approved and will be available when the Company implements its full commercial release in 2023. Saluda Medical is a privately held company with headquarters in Bloomington, MN, USA. To learn more about Saluda Medical, including the risks & important safety information, visit www.saludamedical.com

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