LabMinds is a robotics company scaling up on both sides of the Atlantic. We are tackling a $50bn problem in the space and have robots installed at nearly half of the biggest pharmaceutical companies in the world. In many cases LabMinds installed the first cloud-connected instrument into many of these laboratories, giving us a leadership position we intend to maintain.
The role will be the most senior finance role at LabMinds, resulting in considerable exposure and participation in senior-level decision making and growth planning, with the responsibilities attached. Flexibility of mind combined with a healthy dose of ambition is preferred for the role given the rapidly evolving fast-growth environment.
Management
- Maintains and enforces a documented system of accounting policies and procedures
- Manage outsourced functions
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
- Oversee the accounting operations of both the US and UK organizations, as well as possible further subsidiaries as LabMinds grows
Transactions
- Ensure that accounts payable are paid in a timely manner
- Ensure that all reasonable discounts are taken on accounts payable
- Ensure that accounts receivable are collected promptly
- Process payroll in a timely manner
- Ensure that periodic bank reconciliations are completed
- Ensure that required debt payments are made on a timely basis
- Maintain the chart of accounts
- Maintain an orderly accounting filing system
- Maintain a system of controls over accounting transactions
Reporting
- Issue timely and complete financial statements
- Coordinate the preparation of the corporate annual report
- Recommend benchmarks against which to measure the performance of company operations
- Calculate and issue financial and operating metrics
- Manage the production of the annual budget and forecasts
- Calculate variances from the budget and report significant issues to management
- Provide for a system of management cost reports
- Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
Compliance
- Oversee company insurance policies
- Monitor debt levels and compliance with debt covenants
- Comply with local, state, and federal government reporting requirements and tax filings
Additional Accountabilities:
- Oversee the Capitalization Table software
- Oversee LabMinds contracts and interact with LabMinds lawyers
Desired Qualifications: The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 5+ years of progressively responsible experience for a company with an at least somewhat sophisticated accounting situation involving working capital. Preference will be given to candidates with the
Certified Public Accountant or
Certified Management Accountant designations.