Manager, Corporate Accounting at Allurion

Crozet, Virginia, United States

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

Bachelor’s degree in Accounting required; MBA or advanced degree is a plus
CPA certification strongly preferred
5-8 years of related professional experience, including 2-3 years in a supervisory capacity
Advanced proficiency in Microsoft Excel
Strong knowledge of US GAAP and internal control frameworks
Experience with Microsoft DAX and/or OneStream is a plus
Technical accounting experience is a plus
Knowledge of IT accounting concepts and terminology is a plus
Ability to maintain a flexible schedule

Responsibilities

Supervise and direct support for the accumulation of the Company’s centrally incurred technology-related expenses (labor and non-labor charges) and the proper bookkeeping to allocate those expenses to the Company’s business regions
Maintain a thorough understanding of the IDSW process narrative and related internal controls; responsible for periodic updates and ensuring controls are in place and operating effectively
Oversee accounting for IDSW by evaluating projects for capitalization in accordance with US GAAP and ensuring timely placement into service when ready for intended use
Lead the accounting process for cloud platform charges, including the capitalization of eligible cloud-related costs in compliance with applicable guidelines
Manage accounting for other IT related activities such as professional fees, cost allocations, wireless and telephony expenses and related payments, with the ability to quickly identify gaps in data, logic, or facts and to resolve the same
Review hosting and cloud arrangements, service contracts, and statements of work for potential capitalization of development related costs in accordance with US GAAP
Oversee outsourced accounting services for select international subsidiaries, ensuring timely and accurate financial reporting under corporate oversight
Identify and implement continuous process improvements and automation within areas of responsibility to enhance the efficiency and effectiveness of the corporate accounting function
Prepare and/or review journal entries and balance sheet reconciliations as necessary
Other projects or workstreams as directed by management, such as assistance with external financial reporting

Skills

Allurion

Non-surgical weight loss balloon solutions

About Allurion

Allurion focuses on managing obesity through its unique weight loss solution. The Allurion Balloon is a non-surgical weight loss balloon that can be placed and removed without the need for surgery, endoscopy, or anesthesia. This product is part of the Allurion Program, which includes digital tools like the Allurion Mobile App, Allurion Insights for clinicians, and connected devices such as a scale and health tracker. This combination allows patients and healthcare providers to effectively monitor and manage weight loss. Allurion differentiates itself from competitors by offering a comprehensive program that integrates both the balloon and digital health tools, providing ongoing support for users. The company's goal is to help individuals struggling with obesity achieve sustainable weight loss in a safe and effective manner.

Natick, MassachusettsHeadquarters

2009Year Founded

$112.4MTotal Funding

POST_IPO_EQUITYCompany Stage

Consumer Software, HealthcareIndustries

201-500Employees

Benefits

Paid Vacation

Remote Work Options

Phone/Internet Stipend

Professional Development Budget

Risks

Allurion Balloon lacks U.S. approval, limiting market expansion and revenue potential.

Reliance on digital tools faces competition from evolving technology and digital health solutions.

Debt financing reliance poses risks if revenue growth doesn't meet expectations.

Differentiation

Allurion Balloon offers non-surgical weight loss without endoscopy or anesthesia.

Comprehensive digital tools support weight loss, enhancing patient and provider engagement.

Global market reach with innovative, non-invasive obesity management solutions.

Upsides

$48M financing reduces interest expenses, extends debt maturity, and boosts financial stability.

Launch of Virtual Care Suite in the U.S. strengthens market presence and support.

Experienced executives like Keith Johns enhance leadership and international strategies.

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