Senior Manager, Financial Accounting

Reposted 10 Days Ago
Be an Early Applicant
Minnetonka, MN
In-Office
Senior level
Healthtech • Manufacturing
The Role
This role oversees the financial accounting team, ensuring compliance and accuracy in general ledger management, accounts payable, accounts receivable, payroll processes, and audit requirements while driving efficiency in financial operations.
Summary Generated by Built In

Saluda is a global healthcare company that is redefining Spinal Cord Stimulation (SCS) therapy at the intersection of advanced AI, real-time diagnostics, and ground-breaking clinical evidence.  Every day at Saluda, we are focused on the dignity of responsibility to elevate human health and optimize clinician operations by unlocking the power of data and science to reach patients in need.

 

At Saluda, we challenge boundaries. We innovate and think beyond the conventional. We disrupt. With the passion and energy of an accomplished team of seasoned experts, our focus is to revolutionize the standard of care in the neuromodulation space by transforming the lives of patients suffering from debilitating pain. 

Reporting to the Chief Accounting Officer, this role is responsible for the oversight of the financial accounting team, ensuring the proper management of the general ledger, accounts payable, accounts receivable and all other accounting requirements, in compliance with Group

Accounting Policies and procedures. This is an opportunity to help scale our financial accounting function. 
Accountabilities and Associated Responsibilities:

• Oversight of General accounting team, ensuring the integrity of the general ledger data.
• Oversight of Accounts Payable team, ensuring compliance with company procurement
policies and processes, supporting growth and improvement initiatives.
• Oversight of Accounts Receivable function including collection of customer debts within
agreed upon terms.
• Oversight of fortnightly payroll ensuring timely approval and compliance with employment
regulations.
• Reconcile and report on general ledger accounts, prepare journals on a monthly basis, ensuring
consistency, accuracy and transparency.
• Manage month end processes conducted by team ensuring complete and accurate financial

records.
• Review of balance sheet reconciliations.
• Review of cost allocations and overseeing expenditure variance analysis.
• Manage all requirements and processes for internal and external audits, acting as a key
relationship manager for the auditors.
• Local tax filling and fulfillment of local fiscal and statutory requirements
• Maintain close relationships with financial institutions to achieve efficiencies in all banking
regard (i.e. transactional / financial instruments / funding)
• Identify and lead improvement projects focusing on improved efficiency and accuracy
• Approve payments on the bank’s transactional banking platforms.
• Participating in special business projects and producing ad hoc reports as required
• Management of direct reports, including coaching and development of staff.
• Identifying key operational performance indicators and metrics.
• Establishing and maintaining dashboards for key financial indicators.
• Identify and lead finance improvement projects focusing on improved efficiency and accuracy
of record keeping and reporting
• Ensuring compliance with accounting and financial policies including SOX.

Essential Requirements:

• 7 years and over accounting experience in a large financial services cost, management
accounting or shared services environment

• Degree in Accounting / Business Management or similar area
• Experience in SOX or internal controls environment
• CPA/CA qualified accountant
• Advance user of MS Excel and experience in common ERP systems
• Demonstrable personal initiative, the ability to work under limited direction, and strong team
working, collaboration and problem solving skills
• Excellent communication & business partnering skills
• Experience in complex and multinational operations
• Ability to work effectively across time zones and cultures
• Ability to quickly learn and adapt in a changing work environment
• Focus on accountability, striving for excellence
Desirable Requirements:
• Experience in IPO, US listed companies is highly valued
• Good practical knowledge and experience of US listing and corporate compliance
requirements
• Experience working in a manufacturing setting is highly valued
• Experience using QAD
• Good practical understanding of sales and corporate finance concepts and principles
• Excellent time-management skills with a proven ability to set and work to priorities
• Sound judgement, ability to build great stakeholder relationships, retain confidentiality and
use discretion
• Tax compliance

Top Skills

Erp Systems
Excel
Qad
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The Company
Bloomington, , Minnesota
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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