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Valo Health · 1 day ago

Assistant Controller

Lexington, MA

Full-time

Hybrid

Senior Level

$144K/yr - $170K/yr

7+ years exp

Valo Health is a human-centric, AI-enabled biotechnology company focused on accelerating drug discovery and development. The Assistant Controller will lead financial close processes, ensure data integrity, and manage corporate consolidations while collaborating with the finance team to support strategic decision-making.

BiotechnologyHealth CareInformation TechnologyMedical

No H1B

Responsibilities

Lead monthly, quarterly, and annual close activities, ensuring timely, accurate, and complete financial records and reporting in accordance with US GAAP, legal requirements, and Company policies

Prepare and review monthly journal entries, account analyses, balance sheet reconciliations, financial statements, and supporting reports with a focus on precision and data integrity

Demonstrated ability to manage revenue recognition for collaboration and milestone arrangements in accordance with U.S GAAP

Collaborate with Finance team members to prepare internal management reporting packages and various ad-hoc analyses that support strategic decision-making

Analyze and provide commentary on balance sheet and income statement variances, highlighting key drivers and trends

Manage corporate consolidations, including oversight of subsidiary reporting requirements and elimination entries

Oversee fixed asset accounting, including maintenance of the fixed asset subledger, application of capitalization policies, calculation of monthly depreciation, and preparation of related close schedules

Ensure proper documentation and control over accounting records, maintaining support required for legal, regulatory, and audit compliance

Support quarterly reviews and annual financial statement audits and assist with other ad hoc projects as directed by the Controller

Prepare annual regulatory reports and filings, such as property tax and other required submissions

Identify emerging business, operational, or technical risks and incorporate relevant updates into SOX compliance program documentation in a timely manner

Lead the preparation of the annual SOX risk assessment, including determining materiality thresholds, identifying in-scope processes, and mapping significant accounts to key assertions and controls

Interface with external auditors for annual audits, quarterly reviews, and internal control testing, ensuring timely delivery of required schedules and documentation

Participate in special projects and ad-hoc financial analyses in support of finance department priorities and broader company initiatives

Qualification

U.S. GAAPCPAAccounting operationsFinancial analysisExcel proficiencyLeadershipCommunication skillsProblem-solvingAttention to detailTeam-orientedAdaptability

Required

Bachelor's degree in accounting or related field; CPA required

Minimum of 7+ years of progressive accounting experience, with 3+ years of Big Four public accounting

Strong technical knowledge of U.S. GAAP and comfort applying it within a fast-paced, evolving organization

Demonstrated ability to scale accounting operations, improve processes, and take on expanded responsibilities as the company grows in size and complexity

Proven leadership capabilities, including the ability to mentor and develop staff as the finance function evolves

A continuous improvement mindset with a passion for building scalable, high-performing finance processes

Excellent communication, collaboration, and interpersonal skills, with the ability to work effectively across departments

High level of integrity, sound judgment, and strong commitment to ethical behavior and compliance with all policies and regulations

Strong analytical, planning, and problem-solving skills, with the ability to resolve issues proactively

Exceptional attention to detail and commitment to maintaining high-quality, accurate financial data

Team-oriented and adaptable, able to thrive in a dynamic biotech environment with evolving priorities and timelines

Advanced Excel proficiency required