Accounting Manager

Full Time

Salary Range: $130,000 To $145,000.00 Annually

Location: This is a hybrid position based at the Company's San Diego Facility.

JOB PURPOSE

The Accounting Manager is responsible for the day-to-day Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL) operations, ensuring accurate financial reporting, effective internal controls, internal and regulatory compliance, and development of a high-performing team. The role also drives process standardization, system implementation and integration enhancements, and delivers scalable solutions that improve data quality, efficiency, and reporting. across our U.S. and Mexico sites.

PRINCIPAL ACCOUNTABILITIES

Financial Reporting:

• Manage the preparation and review of financial statements, ensuring accuracy, completeness, and compliance with U.S. GAAP, company policies, and applicable regulatory requirements across a multi-site organization.
• Review and approve general ledger entries, journal entries, and reconciliations.

Analyze financial results and reporting variance and ensure appropriate resolution of accounting issues.

Accounting Operations Management:

• Manage and develop the AR, AP, and GL teams, establishing clear ownership, controls, and performance standards.
• Implement and enforce standardized accounting policies, procedures, and best practices.
• Monitor transactions, aging, reconciliations, interfaces, and exceptions; resolve discrepancies and prevent recurrence.
• Partner with Finance, Operations, Supply Chain, Commercial, and IT to resolve issues and improve end-to-end processes.

AR, AP, and General Ledger Ownership:

• Manage order-to-cash accounting, including customer accounts, cash application, AR aging, collections coordination, disputes resolution, bad debt, and controls.
• Manage procure-to-pay accounting, including vendor master governance, invoices, approvals, payments, AP aging, supplier reconciliations, and exceptions.
• Maintain the integrity of GL and chart of accounts, including journals, reconciliations, accruals, intercompany activity, allocations, and error correction.
• Monitor AR, AP, and GL KPIs, including aging, unapplied cash, cycle times, reconciliations, close performance, and exception backlogs.

Month-End and Year-End Close:

• Manage monthly, quarterly, and annual closes, ensuring AR, AP, GL, and related subledgers are complete, reconciled, and accurately reported.
• Review account reconciliations, aging, interface controls, and close exceptions; ensure timely ownership and resolution.
• Coordinate the preparation and review of year-end financial statements, working with external auditors for the annual audit.

Tax and Compliance:

• Oversee tax filings and related documentation, working with external advisors to ensure compliance and manage tax risk.

Leadership and Development:

• Manage, coach, and motivate the accounting team to foster accountability and high performance.
• Provide regular feedback, performance reviews, development plans, and the tools and training needed for success.

Audit Management:

• Coordinate external audits, ensuring complete and timely support and resolution of audit issues.
• Translate audit findings into sustainable control and process improvements.

Financial Analysis and Decision Support:

• Provide management with financial analysis highlighting trends, risks, and opportunities.
• Support decision-making through modeling, scenario analysis, and ad hoc reporting.

Process Improvement and Systems Solutions:

• Improve record-to-report, order-to-cash, and procure-to-pay through process mapping, root-cause analysis, standardization, and measurable KPIs.
• Eliminate manual, duplicated, and error-prone work through practical automation, workflows, and reporting solutions.
• Lead accounting workstreams for system implementations, enhancements, and integrations translating business and control requirements into scalable solutions.
• Resolve implementation gaps in configuration, data, interfaces, workflows, access, controls, and reporting, prioritized by risk and business impact.
• Define requirements, coordinate testing, support deployment and user adoption, and resolve system, data, process, and control deficiencies through sustainable remediation plans.
• Lead ad hoc accounting, systems, and cross-functional projects as business needs evolve.

Other Duties

• Perform other duties and special projects as assigned to support departmental and organizational objectives.
• Occasional travel to Lighteum Medical locations, including Oceanside, CA and Mexicali, Mexico, may be required.

SCOPE

This role reports to the Corporate Controller and is responsible for the day-to-day management of the accounting team supporting the U.S and Mexico Lighteum Medical operations, including AR, AP, and GL operations, financial close activities, financial reporting, compliance, and process improvement initiatives. The role directly manages accounting staff supporting AR, AP, and general ledger operations and is accountable for team performance and effectiveness. The role provides leadership, review, and oversight of accounting activities performed across a multi-site entity, ensuring consistency, compliance, and adherence to accounting policies and controls. Works closely with the Lighteum Medical leadership team and cross-functional stakeholders to drive operational effectiveness and support business objectives.

PERSON SPECIFICATION

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. The physical requirements and work environment described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

QUALIFICATIONS/ KNOWLEDGE/ EXPERIENCE

Bachelor's degree in accounting, Finance or a relevant field.

Essential

CPA or other relevant professional certifications (CMA, CFA).

Preferred

7-10+ years of progressive accounting experience.

Essential

3+ years of experience leading and developing accounting teams in a managerial capacity.

Essential

Experience in a medical manufacturing environment.

Preferred

Expertise managing financial close and financial reporting activities with strong knowledge of U.S. GAAP.

Essential

Experience supporting external audits and implementing corrective actions arising from audit findings.

Essential

Experience working with ERP systems and financial reporting applications; experience with IFS and Planful preferred.

Essential

Strong communication skills with the ability to partner cross-functionally and effectively engage with senior leadership.

Essential

Demonstrated experience in driving processes improvements and leading multiple projects simultaneously.

Essential

Experience managing end-to-end of AR, AP, and GL operations, including subledger-to-GL controls.

Essential

Experience designing, implementing, and maintaining internal controls and accounting policies.

Essential

Experience supporting finance system implementation, testing, stabilization, and post-implementation remediation.

Essential

Ability to work onsite as required and perform prolonged computer-based work in an office and light manufacturing environment.

Essential

PERSONAL SKILLS AND KEY COMPETENCIES

Building Collaborative Relationships: Identifying opportunities and taking action to build strategic relationships between one's areas, teams, departments, units, or organizations including customers, to help achieve business goals.

Business Acumen: Using economic, financial, market, and industry data to understand and improve business results; using one's understanding of major business functions, industry trends, and own organization's position to contribute to effective business strategies and tactics.

Continuous Improvement: Originating action to improve existing conditions and processes; identifying improvement opportunities, generating ideas, and implementing solutions.

Facilitating Change: Encouraging others to seek opportunities for different and innovative approaches to addressing problems and opportunities; facilitating the implementation and acceptance of change within the workplace.

Systems Thinking and Solution Orientation: Understanding end-to-end process and data dependencies; translating accounting and control needs into practical, scalable system solutions; testing outcomes; and addressing root causes rather than symptoms.

Safety Awareness: Identifying and correcting conditions that affect employee safety; upholding safety standards.