Controller

FLSA STATUS: Exempt

SUMMARY

The Controller will oversee the Company’s financial operations, ensuring accuracy, compliance, and efficiency. In addition will manage accounting staff, prepare financial statements/reports, distribution, overhead cost review management, financial forecasting, develop budgets, ensure regulatory compliance, create efficiencies and accounting policies and procedures. The controller functions include This position will report to the President/CFO.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

Manufacturing Finance & Cost Accounting

• Manage all aspects of cost accounting including standard costing, job costing, cost variance analysis, and overhead allocation to ensure accurate product costing
• Oversee the accounting for raw materials, work-in-process, and finished goods inventory; perform regular reconciliations and valuation adjustments
• Manage scrap and disposition processes in partnership with Quality and Operations teams to track losses and implement controls minimizing waste and financial impact
• Analyze manufacturing cost drivers and trends, providing detailed reports to operations leadership for decision-making and cost reduction initiatives
• Supervise manufacturing work order accounting, ensuring costs are captured and rolled up correctly, including labor, materials, and overhead

Financial Oversight & Reporting

• Lead month-end, quarter-end, and year-end close processes with a focus on accuracy in
• manufacturing-related accounts and timely reporting
• Prepare detailed financial statements and variance analyses, highlighting key manufacturing performance metrics such as production costs, efficiency, and margins
• Ensure compliance with GAAP, FDA regulatory requirements, and internal controls related to manufacturing accounting
• Coordinate with external auditors for inventory and cost accounting audits and support compliance activities as applicable

Tax Strategy & Compliance

• Lead month-end, quarter-end, and year-end close processes with a focus on accuracy in manufacturing-related accounts and timely reporting
• Prepare detailed financial statements and variance analyses, highlighting key manufacturing performance metrics such as production costs, efficiency, and margins
• Ensure compliance with GAAP, FDA regulatory requirements, and internal controls related to manufacturing accounting
• Coordinate with external auditors for inventory and cost accounting audits and support compliance activities as applicable

Cross-Functional Collaboration

• Work closely with Manufacturing, R&D, Quality Assurance, Supply Chain, and Distribution teams to align financial reporting and budgeting processes with operational realities
• Participate in cross-departmental projects such as product launches, process improvements, and system implementations, providing financial insights and risk assessments
• Partner with operations leaders to build and maintain departmental budgets, forecast manufacturing costs, and update projections based on production changes or new initiatives

Customer & Distributor Financial Support

• Support the finance aspects of relationships with direct customers and distributors, ensuring proper revenue recognition and accurate billing processes
• Assist in contract and pricing analysis related to sales and distribution, providing financial evaluation of terms and conditions impacting profitability

Leadership & Continuous Improvement

• Lead and mentor finance and accounting team members on manufacturing-specific accounting
• principles, cost management, and financial reporting best practices
• Drive improvements in financial systems, processes, and controls related to manufacturing operations, including ERP enhancements and automation efforts
• Promote a culture of continuous improvement by identifying inefficiencies in financial workflows and partnering with IT and operations to implement solutions

EDUCATION/LICENSES/CERTIFICATIONS

• MINIMUM: Bachelors in accounting, finance or related field. MBA preferred.
• Certified Public Accountant, (Company finance IT system).

KNOWLEDGE, SKILLS AND ABILITIES

• Minimum 10 years of progressive experience in manufacturing finance and accounting, preferably within biotech, medical devices, or other FDA-regulated industries
• Deep knowledge of cost accounting methods including standard costing, variance analysis, inventory valuation, and manufacturing work order accounting
• Proven experience managing scrap, disposition, and inventory control from a financial perspective.
• Solid understanding of tax regulations and strategy, especially as they relate to manufacturing operations
• Experience working cross-functionally with departments such as Manufacturing, R&D, QA, Supply Chain, and Sales
• Strong familiarity with FDA and ISO compliance requirements affecting financial controls and reporting
• Proficient with ERP systems (such as IQMS, SAP, NetSuite) and advanced Excel skills.
• Ability to thrive in a fast-paced, evolving manufacturing environment with multiple competing
• Excellent communication skills, capable of explaining complex financial data to non-financial stakeholders

COMPANY OVERVIEW

Quantimetrix, located in Redondo Beach, California, is a family-owned company that designs, develops, and manufactures clinical laboratory quality controls. For nearly 50 years, we have delivered industry-leading products and services to the medical community.

BENEFITS

• Medical, Dental and Vision options
• Employer Paid Life Insurance and AD&D
• Additional Voluntary Life insurance and Disability (Guaranteed issue for the 30 days)
• Free Training resources and Certification programs
• 25,000 plus eBooks
• Commuter Benefits
• Adoptions Assistance
• FSA and HSA
• Market place for large company discounts (Travel, auto, shopping, entertainment and various services)
• Cell Phone discounts (Verizon and AT&T)
• Virtual Learning Center
• Employee Assistance program and nurse line 24/7
• Telemedicine options with insurance plans
• Secure Advantage Financial Wellbeing
• Virtual Doctor visits
• Long- and Short-Term Disability
• Education Credit
• Calm App and Talk Space
• Free 30-minute Legal Consultations
• Cariloop for caregivers