Controller

Job Type

Full-time

Description

Company Overview

Biomerics is a world-class manufacturer and innovative polymer solutions provider for the medical device and biotech industries. As a vertically integrated company, we specialize in designing, developing, and producing medical devices for diagnostic and interventional procedures. We are focused on next-generation solutions for vascular access, electrophysiology, cardiac rhythm management, neurovascular, structural heart, and cardiovascular markets.

At Biomerics, we are dedicated to our diverse employee base. We understand that a strong, skilled, and engaged workforce is the foundation of our continued success as a business. We strive to live up to Biomerics' values in all our interactions. It is an exciting time to be part of our collective team, and there is no limit to the impact that can be achieved here at Biomerics. We improve and advance the lives of our employees and the patients who depend on our products.

At Biomerics, we believe in integrity, partnership, empowerment and accountability, trust, agility, teamwork, and excellence, and we care. Our team-oriented, customer-focused corporate culture prioritizes building strategic, mutually beneficial partnerships with customers and our team members.

Job Description

This position is located in Monroe, CT. The Monroe facility is the headquarters of Biomerics NLE (BNLE), that operates 3 different facilities (Monroe, CT; Santa Clara, CA; Brooklyn Park, MN) in the micro-metals processing business and specializes in the design, development, and manufacture of complex micromachined and laser-processed components for the interventional medical device market.

The Controller will be responsible for overseeing the financial operations of Biomerics NLE, ensuring accuracy in management financial reporting, compliance with regulations, and the effective management of financial resources. This role requires strong leadership, analytical skills, and a strategic mindset to support our growth and operational objectives. The primarily focus of this role is business partnering with the operations team to provide business and financial analysis support, cost accounting, inventory control and be a key stakeholder in the financial budgeting and planning process.

Requirements

Financial Reporting : Prepare and oversee timely and accurate financial statements, budgets, forecasts, and reports to senior management and stakeholders.

Management Accounting : Manage finance functions, primarily including Cost Accounting, Standard Costs, Capex requests, Closing activities and Account reconciliations not performed by the Business Service Center or Corporate Accounting Teams.

Deliver timely and accurate monthly operational analysis and commentary focused on gross profit improvement including, but not limited to :

• Analysis of monthly cost variances
• Productivity results (material, labor, variable overhead)
• Price and inflation management
• Working capital analysis
• Other operational KPIs
• Develop and manage the cost accounting processes, including ensuring accurate Bills of Material / Routers

Compliance : Ensure compliance with GAAP, internal accounting policies and procedures and regulatory requirements. Oversee audits and implement necessary changes based on findings, related to inventory controls, cost accounting, capex projects and others.

Financial Analysis : Conduct financial analysis and provide insights to support decision-making processes. Monitor key performance indicators (KPIs) and variances.

Cash Management : Oversee weekly cash flow management, including forecasting and monitoring cash requirements.

Team Leadership : Lead and develop the finance team, fostering a culture of continuous improvement and professional growth (2 people (FP&A and Cost Accounting).

Strategic Planning : Collaborate with executive leadership on strategic initiatives and financial planning, aligning financial goals with business objectives.

Cost Control : Develop and monitor budgets, ensuring effective cost control and resource allocation.

Education / Certifications

Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA preferred.

Job Requirements

Salary Description

120K to 150K