Controller, Finance & Banking, Financial Manager

Nuwellis is a Minnesota-based medical device company focused on improving patients’ lives through innovative fluid management solutions. As a publicly traded organization, we combine the excitement of a growing, mission-driven company with the rigor and accountability of a public company environment.

At Nuwellis, you’ll join a collaborative team that values transparency, ownership, and continuous improvement. We’re passionate about developing therapies that make a real difference — and we’re building the financial and operational foundation to support our next stage of growth.

The Corporate Controller plays a critical role in ensuring timely, accurate, and insightful financial reporting for Nuwellis. This position leads all accounting activities including the financial close process, SEC reporting, customer invoicing, and accounts payable. The role partners closely with executive leadership, the Board of Directors, auditors, insurers, bankers, and regulatory agencies to strengthen compliance, controls, and financial operations. Continuous improvement of systems, processes, and the control environment is a key priority.

To perform this job successfully, an individual MUST be able to perform these duties satisfactorily:

• Lead overall financial control, reporting, accounting, and processing in support of the Chief Financial Officer.
• Oversee timely monthly close, management reporting and production of external financial statements, annual reports, and SEC filings.
• Ensure compliance with GAAP, SEC requirements, and the Company’s SOX/internal control framework, maintaining an audit‑ready environment.
• Provide technical accounting leadership for complex areas including revenue recognition (ASC 606), leases (ASC 842), and equity‑based compensation.
• Partner with Operations to ensure accurate inventory accounting, cost of goods sold reporting, and manufacturing cost controls.
• Manage smooth completion of internal and external audits, including prompt resolution of findings.
• Drive financial systems and process improvements to strengthen close efficiency and scalability.
• Provide financial insight and performance metrics to support strategic and operational decision‑making.
• Serve as a key liaison with auditors, insurers, bankers, tax authorities, and regulatory agencies.
• Identify and mitigate financial and business risks, including cybersecurity and compliance risks.
• Demonstrates Nuwellis’ core values:
  Passion;
  Gets the job done;
  Customer first;
  Tenacity;
  No drama/solves problems – doesn’t create them.
• Interview, hire, train, and develop accounting and finance employees.
• Provide performance management, coaching, and accountability to ensure high quality execution.
• Ensure compliance with organizational policies, procedures, internal controls, and performance standards.
• Build and scale a high‑performing accounting function to support growth in a public company environment.

To perform this job successfully, an individual should be able to perform each secondary duty satisfactorily, they include the following:

• Support ad hoc projects such as M&A activities and other corporate initiatives, as needed.
• Participate in cross‑functional projects and continuous improvement efforts, as required.
• Perform other related duties as business needs evolve.

The requirements below reflect the minimum knowledge, skills, abilities, and experience necessary to successfully perform this role.

• Bachelor’s degree or higher in Accounting, Finance, or a related field.
• 10+ years of experience in public or private accounting, including preparation or audit of financial statements for a publicly traded company.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, data analysis, and financial modeling.
• Demonstrated experience with SEC reporting requirements.
• Strong leadership skills with the ability to drive accountability and process improvement.

• Experience supporting finance operations in a regulated environment (medical device, FDA, ISO, or similar).
• Strong ability to interpret and communicate complex financial information to senior stakeholders.
• Excellent communication, influencing, and organizational skills.
• 5+ years of progressive people leadership or cross‑functional program leadership experience.