Senior Accountant

Job Title: Senior Accountant

Department: Finance & Accounting
Reports To: Controller / Finance Manager
Location: On-Site / Hybrid Costa Mesa, CA
Employment Type: Full-time

About NET Recovery

NET Recovery is an early-stage company with a bold mission to restore choice to individuals suffering from Opioid Use Disorder (OUD).  We are revolutionizing recovery options. As we move from the startup phase into a scalable, revenue-generating business, we're looking for a Senior Accountant who can be a key financial leader in guiding us through this exciting growth stage.

This is a unique opportunity to build and shape the financial foundation of a company poised for meaningful commercial and social impact.

Position Overview

The Senior Accountant will be responsible for developing and managing the company's financial infrastructure, ensuring financial integrity, compliance, and scalability. As a key member of the team, you will drive the development of financial systems, processes, and reporting to support strategic decision-making and prepare the company for sustained growth and potential investment rounds.

This role requires a hands-on financial mind with strong accounting expertise, startup experience, and a passion for building from the ground up.

Position Summary

The Senior Accountant is responsible for ensuring accurate financial reporting, maintaining strong internal controls, and supporting compliance with regulatory and accounting standards applicable to a medical device and service provider organization. This role plays a key part in the monthly close process, inventory and revenue accounting, accounts payable, accounts receivable, and audit readiness, while partnering with cross-functional teams including Operations, Engineering, and Commercial.

Key Responsibilities:

Financial Reporting & Close

• Prepare and review journal entries, account reconciliations, and supporting schedules.
• Lead assigned areas of the monthly, quarterly, and annual close processes.
• Ensure accurate and timely financial statements in accordance with U.S. GAAP.
• Analyze financial results, investigate variances, and provide explanations to management.

Revenue & Cost Accounting

• Support transition to revenue recognition for product sales, service contracts, warranties, and multi-element arrangements in accordance with ASC 606.
• Account for inventory, including standard costing, inventory reserves, obsolescence, and cycle count adjustments.
• Monitor cost of goods sold (COGS) and gross margin trends.

Compliance & Controls

• Maintain compliance with internal controls, compliance and company accounting policies.
• Support external and internal audits by preparing schedules, documentation, and responding to inquiries.
• Ensure accounting practices align with regulatory requirements relevant to medical device companies.

Operational & Cross-Functional Support

• Partner with Operations to ensure accurate inventory valuation and to project financial planning and cash-flow analysis.
• Collaborate with Commercial team on revenue and billing matters.
• Support system implementations, upgrades, and process improvements (ERP, reporting tools).

Process Improvement & Mentorship

• Identify opportunities to improve accounting processes, automation, and documentation.
• Assist in developing and maintaining accounting policies and procedures.
• Provide guidance and mentorship to junior accounting staff.

Qualifications

Required:

• Bachelor’s degree in Accounting or Finance.
• Valid CPA certification and license
• 5–8 years of progressive accounting experience.
• Strong knowledge of U.S. GAAP.
• Experience with inventory accounting and revenue recognition.
• Proficiency with ERP systems, Excel, and PowerBI tools.
• Strong analytical, organizational, and communication skills.

Preferred:

• Experience in medical devices, life sciences, manufacturing, or regulated industries.
• Experience with ASC 606 and inventory standard costing.
• SOX or audit experience.

Critical Success Factors (CSFs)

A successful Senior Accountant in this role will consistently demonstrate the following:

Accuracy & Timeliness

• Delivers error-free journal entries, reconciliations, and close deliverables on schedule.
• Meets all monthly, quarterly, and annual reporting deadlines without rework.

Strong Technical Accounting Judgment

• Correctly applies GAAP to complex transactions, including revenue arrangements and inventory matters.
• Proactively identifies accounting issues and recommends appropriate treatments.

Audit & Compliance Readiness

• Maintains well-documented reconciliations and support that withstand audit scrutiny.
• Demonstrates strong understanding of internal controls and compliance expectations in a regulated environment.

Operational Partnership

• Effectively collaborates with Operations, Supply Chain, Quality, and Commercial teams.
• Anticipates accounting impacts of business activities and resolves issues proactively.

Process Improvement Mindset

• Identifies inefficiencies and implements improvements that reduce close time or manual effort.
• Contributes to scalable accounting processes that support business growth.

Ownership & Accountability

• Takes full ownership of assigned accounting areas end-to-end.
• Follows through on issues independently while escalating risks appropriately.

Communication & Influence

• Clearly explains financial concepts to non-finance stakeholders.
• Communicates risks, issues, and recommendations with confidence and professionalism.