iota Biosciences, Inc. powered by Astellas · 1 month ago
Assistant Controller
Alameda, CA
Contract
Onsite
Mid, Senior Level
$120K/yr - $160K/yr
5+ years expiota Biosciences, a subsidiary of Astellas Pharma US, is advancing bioelectronic medicines through innovative medical devices. They are seeking a hands-on finance leader to oversee financial operations and budgeting, while establishing systems and processes to support the company's growth.
BiotechnologyLife ScienceMedical
Responsibilities
Oversee day-to-day accounting operations, including AP, month-end close, reconciliations, and journal entries
Partner with external accounting and PEO teams to ensure accurate payroll, benefits, payroll tax processes and day-to-day accounting
Maintain the general ledger and ensure compliance with US GAAP
Support monthly, quarterly, and annual financial statements; prepare flux analysis; prepare schedules for audits and reviews
Manage the company’s use tax compliance, including preparing, documenting, and filing periodic returns. Work with the tax firm to support additional filings such as business property tax and franchise tax
Build and manage budgets in partnership with department leads and the fractional CFO; provide real-time visibility into actuals vs. budget
Track and forecast burn rate, headcount costs, vendor spend, and runway—proactively flagging risks and insights
Develop dashboards and reporting that help leadership make informed decisions
Implement early financial systems, tools, and scalable processes (e.g., expense management, purchasing flows, cost tracking)
Create simple but effective internal controls appropriate for an early-stage company
Lead vendor onboarding and contract tracking; partner with legal and operations teams as needed
Creating and updating expense and travel policies and maintaining internal compliance
Work closely with R&D, Clinical, Operations, and HR to align finance with business needs
Help model scenarios for hiring, lab expansion, grants, capital planning, and investment decisions
Support board reporting, investor updates, and fundraising preparation
Qualification
Required
5–8 years of accounting experience
Strong understanding of US GAAP with hands-on accounting capability
Scrappy, detail-oriented, and comfortable wearing many hats
Someone who wants to own the finance function day-to-day, not just support it
Comfortable with ambiguity, building processes from scratch, and creating structure where none exists
Preferred
Experience with finance systems; QuickBooks and Ramp a plus
Startup or high-growth environment strongly preferred
Company
iota Biosciences, Inc. powered by Astellas
iota Biosciences, a wholly-owned subsidiary of Astellas Pharma US, is a medical device company working to develop pioneering bioelectronics to advance the treatment and management of disease.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$15M2020-10-15Acquired
2018-12-27Series A· $15M
Leadership Team
Michel Maharbiz
Chief Executive Officer
Recent News
Google Patent
2025-05-05
Google Patent
2025-05-05
2025-05-05
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