Director, Accounting

Date: Nov 19, 2021

Location: Pleasanton, CA, US

Company: Teleflex

Expected Travel: Up to 10%

Requisition ID: 4775

 

About Teleflex Incorporated

Teleflex is a global provider of clinically effective medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular and interventional access, interventional cardiology, surgical, anesthesia, cardiac care, interventional urology, urology, emergency medicine and respiratory care. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. For more information, please visit teleflex.com.

 

Interventional Urology – NeoTract is dedicated to developing innovative, minimally invasive and clinically effective devices that address unmet needs in the field of urology. As part of the Teleflex Interventional Urology business unit, NeoTract’s focus is on improving the standard of care for patients with benign prostatic hyperplasia (BPH) using the UroLift® System, a minimally invasive, permanent implant system that treats symptoms while preserving sexual function*1,2. The UroLift System is clinically proven to treat lower urinary tract symptoms due to BPH in men over the age of 45. The UroLift System lifts or holds the enlarged prostate tissue out of the way so it no longer blocks the urethra. There is no cutting, heating or removal of prostate tissue. More than 175,000 men have been treated with the UroLift System in select markets worldwide.** Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives. 

 * No instances of new, sustained erectile or ejaculatory dysfunction in the FDA pivotal study.

** Management estimate based on product sales and average units per procedure

  1. Roehrborn, J Urology 2013 LIFT Study
  2. McVary, J Sex Med 2014

Indicated for the treatment of symptoms of an enlarged prostate up to 100cc in men 45 years or older. As with any medical procedure, individual results may vary. Most common side effects are temporary and include pain or burning with urination, blood in the urine, pelvic pain, urgent need to urinate and/or the inability to control the urge.1 Rare side effects, including bleeding and infection, may lead to a serious outcome and may require intervention. Speak with your doctor to determine if you may be a candidate.

Position Summary

Reporting to the Senior Director, Finance - America, the Director, Accounting is responsible for managing all accounting activities of the Interventional Urology Business Unit (“IUBU”), including establishing financial policies and procedures, timely and accurate submission of monthly financial results and gross margin forecasts as well as supporting business unit initiatives as appropriate. This position requires experience managing high-performing accounting teams, strong knowledge of US Generally Accepted Accounting Principles (GAAP), and the ability to perform in a fast-paced, dynamic environment.

Principal Responsibilities

•    Monthly / Quarterly financial reporting (P+L and Balance Sheet)
     o    Manage preparation of accurate and timely monthly financials
     o    Ensure monthly close meeting review is robust and complete
     o    Primary owner of COGS / Gross Margin budget vs actual analysis / commentary
     o    Review / approve quarterly bad debt reserve analysis and E+O reserve analysis
     o    Prepare and submit supplemental reports (e.g. BS fluxes, Open POs, quarterly roll forward bridges, and related disclosures) 
     o    Prepare and present quarterly accounting dashboard to IUBU Leadership Team
•    Monthly financial forecasting / AOP and Strat Planning
      o    Primary owner of COGS / Gross Margin forecasts
             Partner with FP&A team on Revenue, shipment units, and ASP assumptions
             Partner with VP of Operations and VP of Quality to evaluate potential changes in the following: functional spending, monthly build plans & absorption, and manufacturing variances / period expenses
             Partner with VP of Operations and VP of Quality to evaluate potential GM changes related to R&D product pipeline
             Partner with FP&A team on all gross margin related bridges and rollforwards submitted to Corporate FP&A
             Provide Forecast/AOP/Strat Plan presentation support including “cheat sheet” schedules and all back up to IUBU VP of Finance
             Review and update Standard Costs
     o    Primary owner of quarterly Balance Sheet and Cash Flow forecasts
•    Business Partner Support
      o    Dedicated financial business partner to VP of Operations and VP of Quality
              Meet monthly to discuss actual results and gather input for upcoming forecasts
              Attend Operations Management team meetings to understand current operating activity and any upcoming opportunities or challenges that may impact the BU’s financial results
              Partner with site Operations Management to develop cost reduction and supply chain improvement strategies to meet short and long-term objectives of the business.
              Review all CAPEX (PEA) requests and facilitate all necessary management approvals
              Review inventory PO’s and facilitate TFX corporate management approvals
     o    Secondary financial business partner support to the entire BU Leadership Team
             Provide counsel on accounting treatment for new or non-standard commercial arrangements (e.g. lease to own, short term rentals, reimbursement commitment program)
             Provide counsel on accounting treatment for procurement arrangements for all BU functions
             Partner with VP of Finance to drive all business-related initiatives impacting accounting including new commercial programs and compliance related customer service programs

Education / Experience Requirements

•    Bachelor’s degree in Accounting; or equivalent practical experience.
•    Master’s degree and professional accountancy certification preferred.
•    At least ten years of manufacturing finance experience preferred.
•    At least ten years of experience managing a financial structure.
•    Experience in standard costing.
 

Specialized Skills / Other Requirements

•    Excellent knowledge of US GAAP.
•    Proficiency using robust ERP systems with an emphasis on application to finance administration, preferably SAP.
•    Proficient in personal productivity applications, including Microsoft Word, Excel, PowerPoint, etc.
•    High degree of initiative to understand results, forecasts, and future planning.
•    Solid understanding of theory, principles, and practices of general finance, accounting, budgeting, financial planning, and cost accounting as applied to reporting and planning.
•    Strong leadership and communications skills.
•    Ability to establish and maintain cooperative relations with team members.
•    Working knowledge of lean principles preferred.
 

 

Teleflex, Inc. is an affirmative action & equal opportunity employer. D/V/M/F. Applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status. If you require accommodation to apply for a position, please contact us at: 262-439-1894.

Teleflex is the home of Arrow®, Deknatel®, Hudson RCI®, LMA®, Pilling®, Rüsch®, UroLift® and Weck® – trusted brands united by a common sense of purpose. Teleflex, the Teleflex logo, Arrow, Deknatel, Hudson RCI, LMA, Pilling, Rüsch, UroLift and Weck are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries.

© 2021 Teleflex Incorporated. All rights reserved.


Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland