Controller
Paradromics
Summary
Paradromics is seeking a hands-on Controller to lead the accounting function in Austin, TX. This onsite role, reporting to EVP-Finance, combines accounting leadership with day-to-day execution. The ideal candidate is comfortable reviewing journal entries, resolving reconciliation issues, and preparing GAAP financial statements while improving processes and building an accounting function that can scale with the company. Prior experience in a fast-paced start-up environment is desired. Public accounting experience is a plus.
Job description
Position Overview
Paradromics is seeking a hands-on Controller to lead the accounting function in Austin, TX. This onsite role, reporting to EVP-Finance, combines accounting leadership with day-to-day execution. The ideal candidate is comfortable reviewing journal entries, resolving reconciliation issues, and preparing GAAP financial statements while improving processes and building an accounting function that can scale with the company. Prior experience in a fast-paced start-up environment is desired. Public accounting experience is a plus.
Key Responsibilities
- Own the monthly, quarterly, and year-end close processes, ensuring timely, accurate, and complete financial results.
- Prepare financial statements in accordance with U.S. GAAP, together with supporting schedules and management reporting.
- Oversee general ledger accounting, account reconciliations, accruals, prepaid expenses, fixed assets, accounts payable, and payroll-related accounting.
- Analyze financial results against budget and prior periods, identifying key variances and expense trends.
- Support financial reporting for leadership, the board of directors, investors, and fundraising activities.
- Lead coordination of external financial statement audits and serve as the primary accounting contact for auditors.
- Manage stock option administration, including grant records, vesting schedules, exercises, cancellations, and supporting documentation utilizing the Carta stock administration platform.
- Coordinate with legal counsel, HR, external valuation providers, and the equity platform administrator on approved equity activity and valuation support.
- Oversee state and local tax compliance, including applicable registrations, filings, payments, and supporting documentation.
- Maintain compliance calendars and ensure timely completion of required filings.
- Work with external tax advisers on income tax filings and other tax compliance requirements.
- Design, document, and maintain internal controls and approval processes appropriate to the company’s size, resources, and risk profile.
- Lead, coach, and develop the accounting team, setting clear responsibilities, deadlines, and performance expectations.
- Assess staffing needs and support hiring as the company grows.
- Improve accounting systems and support ERP and other business software tool implementations.
- Support cash forecasting, budgeting, and cash runway reporting in partnership with finance leadership.
Required Qualifications
- Bachelor’s degree in accounting or finance.
- Progressive accounting experience, including ownership of the close and financial reporting processes and experience managing an accounting team.
- Demonstrated success in a fast-paced start-up environment; experience working with limited resources and evolving priorities is essential.
- Strong working knowledge of U.S. GAAP, financial statement preparation, internal controls, and general ledger accounting.
- Experience with stock option administration and stock-based compensation accounting.
- Experience managing sales and use tax compliance.
- Ability and willingness to perform detailed accounting work while leading the broader function.
- Strong spreadsheet skills and experience with accounting systems and related financial tools.
- Experience supporting external audits, fundraising diligence, and accounting system implementations.
Preferred Qualifications
- CPA designation.
- Public accounting experience.
- Experience in medical devices, biotechnology, life sciences, or another R&D-intensive business.
Requirements
- Bachelor’s degree in accounting or finance
- Progressive accounting experience, including ownership of the close and financial reporting processes and experience managing an accounting team
- Demonstrated success in a fast-paced start-up environment
- Strong working knowledge of U.S. GAAP, financial statement preparation, internal controls, and general ledger accounting
- Experience with stock option administration and stock-based compensation accounting
- Experience managing sales and use tax compliance
- Ability and willingness to perform detailed accounting work while leading the broader function
- Strong spreadsheet skills and experience with accounting systems and related financial tools
- Experience supporting external audits, fundraising diligence, and accounting system implementations
- CPA designation (preferred)
- Public accounting experience (preferred)
- Experience in medical devices, biotechnology, life sciences, or another R&D-intensive business (preferred)
Benefits
- Stock options
Company overview
Paradromics is a pioneering medical device company specializing in the development of high-bandwidth brain-computer interfaces (BCIs) for therapeutic applications. Founded with the mission to restore communication and mobility for people with severe neurological conditions, the company focuses on creating advanced neural interface systems that can translate brain signals into digital commands with unprecedented precision and speed. Paradromics' core technology platform utilizes dense microelectrode arrays capable of recording from thousands of individual neurons simultaneously, enabling high-resolution neural data acquisition. The company's flagship product, the Connexus Direct Data Interface, is designed to help individuals with paralysis, speech impairments, and other neurological disorders regain functional capabilities. With a strong emphasis on clinical translation and regulatory pathways, Paradromics collaborates with leading neuroscientists and medical institutions to advance the field of neurotechnology. The company has attracted significant venture capital funding and is recognized as a leader in the emerging brain-computer interface industry, working toward FDA approval for its innovative medical devices.