Assistant Controller

Valo Health

Lexington (MA)

Hybrid

USD 144,000 - 170,000

Full time

14 days+

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Benefits offered by this job

Healthcare coverage

Annual incentive program

Retirement benefits

Job summary

A biotechnology company located in Lexington, MA, is seeking an Assistant Controller to lead financial close processes and ensure compliance with US GAAP. Ideal candidates will have a Bachelor's degree in accounting and a CPA, alongside 7+ years of relevant experience, including time at a Big Four firm. This role requires strong leadership, analytical skills, and a proactive approach to problem-solving. The position is hybrid, requiring on-site presence at least 3 days a week, and offers a salary range of $144,000 to $170,000.

Qualifications

7+ years of progressive accounting experience, including 3+ years at a Big Four firm.
Experience in biotech or life sciences is strongly preferred.
Ability to improve processes and scale accounting operations.

Responsibilities

Lead close activities ensuring accurate financial records.
Prepare monthly financial statements and reconciliations.
Manage revenue recognition and corporate consolidations.

Skills

U.S. GAAP knowledge

Accounting operations scaling

Leadership

Analytical skills

Communication skills

Education

Bachelor’s degree in accounting or related field

CPA

Tools

NetSuite

FloQast

Prendio

Adaptive Insights

Job description

Join to apply for the Assistant Controller role at Valo Health

Valo Health is a human‑centric, AI‑enabled biotechnology company working to make new drugs for patients faster. The company’s Opal Computational Platform transforms drug discovery and development through a unique combination of real‑world data, AI, human translational models and predictive chemistry.

Our talented team of biologists, chemists and engineers, armed with advanced AI/ML tools, work together to break down traditional R&D silos and accelerate the speed and scale of drug discovery and development.

Valo is committed to hiring diverse talent, prioritizing growth and development, fostering an inclusive environment, and creating opportunities to bring together a group of different experiences, backgrounds, and voices to work together. We embrace new ways of learning, solve complex problems and welcome diverse perspectives that can help us advance patient‑centric innovation.

Valo is headquartered in Lexington, MA, with additional offices in New York, NY and Tel Aviv, Israel. To learn more, visit www.valohealth.com.

About The Role

Reporting to the Controller, the Assistant Controller will lead monthly, quarterly and annual close processes and ensure the accuracy, timeliness, and integrity of financial data. The candidate will have a strong technical knowledge of U.S. GAAP and demonstrated success scaling accounting operations and improving processes within a fast‑paced, evolving organization.

The candidate will join a Finance team that values integrity, inclusiveness, executing for results, success as a team, and strong customer service. This is a hybrid role reporting to our Lexington, MA office, and the candidate is expected to be on site at least 3 days per week.

What You’ll Do…

Lead monthly, quarterly, and annual close activities, ensuring timely, accurate, and complete financial records and reporting in accordance with US GAAP, legal requirements, and Company policies.
Prepare and review monthly journal entries, account analyses, balance sheet reconciliations, financial statements, and supporting reports with a focus on precision and data integrity.
Demonstrated ability to manage revenue recognition for collaboration and milestone arrangements in accordance with U.S GAAP.
Collaborate with Finance team members to prepare internal management reporting packages and various ad‑hoc analyses that support strategic decision‑making.
Analyze and provide commentary on balance sheet and income statement variances, highlighting key drivers and trends.
Manage corporate consolidations, including oversight of subsidiary reporting requirements and elimination entries.
Oversee fixed asset accounting, including maintenance of the fixed asset subledger, application of capitalization policies, calculation of monthly depreciation, and preparation of related close schedules.
Ensure proper documentation and control over accounting records, maintaining support required for legal, regulatory, and audit compliance.
Support quarterly reviews and annual financial statement audits and assist with other ad hoc projects as directed by the Controller.
Prepare annual regulatory reports and filings, such as property tax and other required submissions.
Identify emerging business, operational, or technical risks and incorporate relevant updates into SOX compliance program documentation in a timely manner.
Lead the preparation of the annual SOX risk assessment, including determining materiality thresholds, identifying in‑scope processes, and mapping significant accounts to key assertions and controls.
Interface with external auditors for annual audits, quarterly reviews, and internal control testing, ensuring timely delivery of required schedules and documentation.
Participate in special projects and ad‑hoc financial analyses in support of finance department priorities and broader company initiatives.

What You Bring…

Bachelor’s degree in accounting or related field; CPA required.
Minimum of 7+ years of progressive accounting experience, with 3+ years of Big Four public accounting.
Life sciences or biotech industry experience strongly preferred.
Experience with Valo’s finance systems a plus, including NetSuite, FloQast, Prendio, and Adaptive Insights.
Strong technical knowledge of U.S. GAAP and comfort applying it within a fast‑paced, evolving organization.
Demonstrated ability to scale accounting operations, improve processes, and take on expanded responsibilities as the company grows in size and complexity.
Proven leadership capabilities, including the ability to mentor and develop staff as the finance function evolves.
A continuous improvement mindset with a passion for building scalable, high‑performing finance processes.
Excellent communication, collaboration, and interpersonal skills, with the ability to work effectively across departments.
High level of integrity, sound judgment, and strong commitment to ethical behavior and compliance with all policies and regulations.
Strong analytical, planning, and problem‑solving skills, with the ability to resolve issues proactively.
Exceptional attention to detail and commitment to maintaining high‑quality, accurate financial data.
Team‑oriented and adaptable, able to thrive in a dynamic biotech environment with evolving priorities and timelines.

Salary Range

$144,000—$170,000 USD

Compensation for the role will depend on a number of factors, including a candidate’s qualifications, skills, competencies, and experience. Valo Health currently offers healthcare coverage, annual incentive program, retirement benefits and a broad range of other benefits. Compensation and benefits information is based on Valo Health's good faith estimate as of the date of publication and may be modified in the future.

Please note: At this time, we are only able to consider candidates who currently have permanent US work authorization without the need for immediate or future sponsorship.

Seniority level