Manager / Senior Manager, Capital Equipment Accounting

Posted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office
108K-187K Annually
Senior level
Artificial Intelligence • Software
Building Scientific Superintelligence
The Role
Own end-to-end capital equipment and leased asset accounting, including capitalization, depreciation, impairments, disposals, leases, reconciliations, close activities, audits, and compliance with ASC 360 and ASC 842. Build scalable policies, controls, processes, and systems while partnering with Procurement, Facilities, Lab Operations, and Finance. Support capital projects, asset tracking, physical inventories, and complex technical accounting analyses in a high-growth, capital-intensive environment.
Summary Generated by Built In

Your Impact at LILA

Lila is seeking a Manager / Senior Manager, Capital Equipment Accounting to own the accounting for the Company's rapidly growing base of capital assets—the laboratory equipment and facilities buildouts, among other things, that power Lila's operations. As we scale, you will help ensure the operational scalability and financial accuracy of the asset base that underpins our success.

You will own the end-to-end capex function, including managing the fixed assets and leased ROU assets lifecycle—from acquisition through capitalization, depreciation, impairment, retirement, and audit—working closely with Procurement, Facilities, Lab Operations, and Finance. You will apply deep technical accounting expertise under ASC 360 and ASC 842 and build the processes, controls, and systems that support this function.

What You'll Own

Fixed Asset & Leased Equipment Accounting

  • Own end-to-end capex accounting under ASC 360 from timely placement in service, to depreciation, transfers, disposals, and impairments.
  • Support accounting for finance leases under ASC 842, including commencement, renewals, modifications, and related leasehold improvements.
  • Maintain accurate asset records and lease inventories.
  • Assist with technical accounting analyses related to capital assets, lease arrangements, and complex capital projects.
  • Partner with Facilities and Procurement to monitor leasehold improvement projects and capital construction activities.
  • Manage the monthly fixed asset and leased equipment close process and prepare supporting journal entries, account reconciliations, rollforwards, and flux analyses.
  • Ensure compliance with U.S. GAAP and company accounting policies.

Operations, Governance, & Controls

  • Develop and maintain accounting policies, procedures, and internal controls related to fixed assets and capital expenditures.
  • Assist with asset tracking, tagging, and periodic physical inventories and ensure consistency of data across ERP, procurement, and asset management systems.
  • Prepare audit schedules and support internal and external audit requests related to fixed assets, leases, and capital projects.

What You’ll Need to Succeed

  • Bachelor's degree in Accounting or Finance; CPA or equivalent preferred.
  • 6+ years of progressive accounting experience, including public accounting and/or industry experience in a capital-intensive environment.
  • Strong technical knowledge of U.S. GAAP, particularly ASC 360 (property, plant, and equipment) and ASC 842 (leases).
  • Hands-on experience owning a significant capex portfolio in a high-growth environment.
  • Experience supporting laboratory, manufacturing, research, or facility-intensive operations.
  • Experience with ERP systems (NetSuite preferred) and strong analytical skills, including comfort working with large, complex datasets.
  • A track record of building scalable processes and controls in fast-moving environments.
  • Ability to translate technical accounting concepts into business implications for non-finance stakeholders and to influence cross-functional partners.
  • Exceptional attention to detail and ability to manage multiple priorities.

Bonus Points For

  • Experience with CIP and capital project accounting for laboratory or facilities buildouts.
  • Experience with fixed asset subledgers or asset management systems at scale, including barcode, QR, or RFID tracking.
  • Background in Big 4 accounting or advisory combined with industry experience.
  • SQL or similar skills for querying accounting and operational data.
  • Experience mentoring junior accounting professionals.
  • Experience applying AI tools to accounting processes, memo drafting, or close automation.
  • Comfort navigating ambiguity and driving results in a rapidly changing environment.

Compensation

We offer competitive base compensation with bonus potential and generous early-stage equity. Your final offer will reflect your background, expertise, and expected impact.

U.S. Benefits. Full-time U.S. employees receive a comprehensive benefits program including medical, dental, and vision coverage; employer-paid life and disability insurance; flexible time off with generous company wide holidays; paid parental leave; an educational assistance program; commuter benefits, including bike share memberships for office based employees; and a company subsidized lunch program.

International Benefits. Full-time employees outside the U.S. receive a comprehensive benefits program tailored to their region. USD salary ranges apply only to U.S.-based positions; international salaries are set to local market.

Expected Base Salary Range
$108,000—$186,667 USD

About LILA

Lila Sciences is building Scientific Superintelligence™ to solve humankind's greatest challenges. We believe science is the most inspiring frontier for AI. Rather than hard-coding expert knowledge into tools, LILA builds systems that can learn for themselves.

LILA combines advanced AI models with proprietary AI Science Factory™ instruments into an operating system for science that executes the entire scientific method autonomously, accelerating discovery at unprecedented speed, scale, and impact across medicine, materials, and energy. Learn more at www.lila.ai.

Guided by our core values of truth, trust, curiosity, grit, and velocity, we move with startup speed while tackling problems of historic importance. If this sounds like an environment you'd love to work in, even if you don't meet every qualification listed above, we encourage you to apply.

We’re All In

Lila Sciences is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

Information you provide during your application process will be handled in accordance with our Candidate Privacy Policy.

A Note to Agencies

Lila Sciences does not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Lila Sciences or its employees is strictly prohibited unless contacted directly by Lila Science’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Lila Sciences, and Lila Sciences will not owe any referral or other fees with respect thereto.

Skills Required

  • Bachelor's degree in Accounting or Finance
  • CPA or equivalent
  • 6+ years of progressive accounting experience
  • Experience in public accounting and/or industry accounting
  • Experience in a capital-intensive environment
  • Strong technical knowledge of U.S. GAAP, especially ASC 360 and ASC 842
  • Experience owning a significant capital expenditure portfolio in a high-growth environment
  • Experience supporting laboratory, manufacturing, research, or facility-intensive operations
  • Experience with ERP systems; NetSuite preferred
  • Strong analytical skills and ability to work with large, complex datasets
  • Track record of building scalable processes and controls
  • Ability to translate technical accounting concepts for non-finance stakeholders and influence cross-functional partners
  • Exceptional attention to detail and ability to manage multiple priorities
  • Experience with CIP and capital project accounting for laboratory or facilities buildouts
  • Experience with fixed asset subledgers or asset management systems at scale
  • Experience with barcode, QR, or RFID asset tracking
  • Big Four accounting or advisory experience combined with industry experience
  • SQL or similar skills for querying accounting and operational data
  • Experience mentoring junior accounting professionals
  • Experience applying AI tools to accounting processes, memo drafting, or close automation
  • Comfort navigating ambiguity and driving results in a rapidly changing environment
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The Company
HQ: Cambridge, MA
224 Employees
Year Founded: 2023

What We Do

Lila is a technology company pioneering the application of artificial intelligence to transform every aspect of the scientific method.

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