This position is based onsite in San Diego, CA.
Mainstay Medical
Mainstay Medical is a medical device company focused on marketing an innovative
implantable neurostimulation system, ReActiv8®, for people with disabling
chronic mechanical Low Back Pain. The company is headquartered in Dublin,
Ireland, with subsidiaries operating in the United States, Australia, the United
Kingdom, and Germany.
Position Summary
The Director, Finance & Accounting is a senior finance leader responsible for
overseeing core accounting and finance operations, including financial
reporting, internal and external auditing, stock plan administration, expense
reimbursements, SOX compliance, accounts payable and receivable, and all other
corporate finance processes. This role is expected to bring hands-on audit and
IPO readiness experience. This role ensures the integrity of financial
reporting, operational efficiency, regulatory compliance and strong internal
controls within the Mainstay Medical group. The role will partner closely with
executive leadership, external auditors, legal counsel and other operational
stakeholders to support strategic growth and maintain financial excellence.
Position Responsibilities
* Lead day-to-day corporate finance and accounting operations, ensuring
accuracy, efficiency, and compliance with company policies and regulatory
standards.
* Oversee monthly, quarterly, and annual close processes, including financial
statement preparation and reconciliations.
* Develop and maintain accounting policies, procedures, and finance operational
controls.
* Partner with executive leadership to support strategic financial initiatives
and organizational growth.
* Coordinate with external auditors, legal counsel, and internal stakeholders
to ensure timely and accurate reporting.
* Oversee accounts receivable and accounts payable functions to ensure
efficient cash flow management and operational effectiveness.
* Monitor collections, aging analysis, payment processing, and vendor
relationships.
* Implement process improvements to enhance efficiency and reduce operational
risk.
* Establish performance metrics and reporting for finance operations
activities.
* Lead administration and oversight of employee stock compensation and equity
programs.
* Partner with HR, legal, payroll, and external providers to manage stock
option grants, vesting schedules, exercises, forfeitures, and reporting.
* Serve as primary finance contact for internal and external audits,
coordinating annual audit activities and supporting audit readiness across
finance operations.
* Drive continuous improvement in finance controls, documentation, and
operational processes.
* Oversee corporate expense management processes, including administration of
Concur expense reporting and travel systems.
* Ensure policy compliance, timely reimbursement processing, and expense
reporting accuracy.
* Collaborate with IT and cross-functional teams on finance system enhancements
and integrations.
* Provide financial insights and operational recommendations to senior
leadership.
* Support mergers and acquisitions, due diligence, integration planning, IPO
readiness, and strategic initiatives as needed.
* In connection with and after any IPO, manage public financial reporting and
compliance, as well as related processes.
* Build and mentor high-performing finance and accounting teams.
Qualifications/Experience
* 10+ years of experience with at least 5 years of global functional and people
management experience.
* Bachelor’s degree in Accounting, Finance, Business Administration, or related
field required.
* CPA certification strongly preferred.
* MBA or other advanced financial certification preferred.
* Prior experience in a publicly traded company environment required.
* Direct experience taking a company through an IPO or similar public offering
strongly preferred.
* Experience leading SEC reporting, audits, and SOX compliance activities
required.
* Strong knowledge of U.S. GAAP, SEC reporting requirements, SOX compliance and
IFRS.
* Strong interpersonal and organizational skills; ability to work with a
diverse team and influence/drive change across functional and business
boundaries.
* Advanced proficiency in Microsoft Excel and financial reporting systems.
* Experience with financial consolidations, operational reporting, and internal
controls.
* Excellent written and oral communication skills with the ability to influence
senior leadership.
* Proven ability to manage multiple priorities in a fast-paced environment.
* Strong leadership and team development capabilities.
* Excellent analytical, organizational, and problem-solving skills.
* High attention to detail and commitment to accuracy.
* Ability to travel up to 10% of the time.
* Ability to balance strategic leadership with hands-on execution.
* Capable of working with teams across time zones / cultures / countries.