ASSOCIATE DIRECTOR, DIAGNOSTICS & LAB SERVICES REVENUE ACCOUNTING at Quanterix – Remote
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Associate Director, Diagnostics & Lab Services Revenue Accounting
Remote, USA
Quanterix is a global leader in ultra-sensitive biomarker detection, enabling breakthroughs in disease research, diagnostics, and drug development. Its proprietary Simoa® technology delivers industry-leading sensitivity, allowing researchers to detect and quantify biomarkers in blood and other fluids at concentrations far below traditional limits. With more than 3,400 peer-reviewed publications, Quanterix has been a trusted partner to the scientific community for nearly two decades. In 2025, Quanterix acquired Akoya Biosciences, The Spatial Biology Company®, adding multiplexed tissue imaging with single-cell resolution to its portfolio. Together, the combined company offers a uniquely integrated platform that connects biology across blood and tissue —advancing precision medicine from discovery to diagnostics.
ROLE SUMMARY:
We are looking for an experienced and motivated Associate Director – Diagnostics & Lab Services Revenue Accounting to join our organization. Reporting to the Director, Revenue Accounting, you will be responsible for overseeing the technical accounting, revenue recognition, and financial reporting processes related to diagnostics and laboratory services. This role ensures compliance with accounting standards (e.g. ASC 606), regulatory requirements, and internal financial policies. You will partner with our Lucent Diagnostics leadership team, our Accelerator Laboratory, FP&A, billing, and SOX teams to support accurate revenue capture, reporting, and financial analysis.
The revenue team is responsible for revenue and accounts receivable operations, month end closes, technical accounting analyses for revenue contracts, and maintaining related internal controls. This role is highly visible across the organization, working with leadership in Commercial, Customer Service, and Legal to provide strategic guidance on contract structure, revenue optimization, and compliance with U.S. GAAP
This is a unique opportunity to be the accounting lead for our new diagnostics business as this role will also focus on billing and reimbursements related to diagnostic testing.
WHAT YOU’LL DO:
- Serve as the subject matter expert on technical revenue accounting matters, providing guidance to finance leadership, legal, and commercial teams, ensuring best practices, and educating stakeholders.
- Lead a team of revenue accountants and billing specialists. Provide guidance and development. Work with team to help drive a deeper understanding of revenue recognition and best practices.
- Lead the interpretation and application of revenue recognition standards, including ASC 606, for related to Lucent Diagnostics and the Accelerator Laboratory.
- Analyze payer contracts (commercial insurers, government payers, direct-to-consumer, hospital contracts) for: variable consideration, reimbursement constraints, price concessions, denial trends.
- Support of instrument and consumables revenue accounting when needed.
- Develop and maintain revenue accounting policies related to laboratory testing services, diagnostics, complex payer arrangements, customer contracts & revenue cycle practices.
- Analyze complex transactions, new service offerings & customer contracts to determine appropriate accounting treatment.
- Prepare technical accounting memos and documentation supporting revenue recognition policies and complex accounting issues.
- Ensure accurate revenue recognition across multiple payer types including Medicare, Medicaid, commercial insurance, and self-pay.
- Review health care claims processing data for accurate and compliant revenue recognition
- Partner with laboratory services and diagnostic teams to ensure accurate revenue capture and reporting.
- Review and optimize revenue workflows related to lab testing, reimbursement, and contract pricing.
- Provide accounting guidance for new diagnostic tests, pricing models, and laboratory service offerings.
- Oversee revenue accounting close processes related diagnostics and laboratory services.
- Monitor revenue analytics, volumes, test mix, payer mix, denial rates, and reimbursement trends to develop models for estimate-to-actual analysis, especially for variable consideration. Analysis will support monthly revenue close for key judgmental areas including accruals, bad debt, and adjustments to variable consideration.
- Proactively research changes in accounting standards and current trends in revenue recognition to ensure accounting compliance and appropriate disclosures
- Support revenue related disclosures and the preparation/review of revenue footnote schedules associated with SEC filings
- Ensure compliance with GAAP and regulatory requirements
- Maintain comprehensive internal controls, policies, and procedures and collaborate with the SOX Transformation team to develop, review, and enhance controls.
- Oversee the team’s preparation of all external audit requests throughout the quarterly reviews and annual audit
- Manage ad hoc projects, as needed
BASIC QUALIFICATIONS:
- Bachelor’s degree in accounting or finance with 10+ years of experience or a Master’s degree in accounting or finance with 8+ years of experience
- 6+ years of experience in revenue accounting under ASC 606, US GAAP, and SOX for publicly traded companies
- 6+ years of managerial experience leading a team of revenue accountants
PREFERRED QUALIFICATIONS:
- Experience in the revenue accounting cycle for a health care / diagnostics provider, including third party reimbursement and complex ‘gross to net’ analyses
- CPA license is strongly preferred
- 4+ years of progressive experience in an audit / assurance role with SEC clients at a ‘Big 4’ public accounting firm
- Exceptional technical accounting background with a thorough knowledge of US GAAP, SOX and SEC reporting standards, as well as experience with research and preparation of accounting position papers for complex revenue transactions
- Experience collaborating with sales and legal teams, including cross-functional initiatives that include direct and indirect reports
- Thorough understanding of SEC reporting and ASC 606 disclosure requirements for 10-Q’s and 10-K’s
- Experience with medical billing systems (Quadex) and automated data flow (TMIT & Snowflake)
- Experience with Oracle Fusion
EXPECTATIONS, LEADERSHIP COMPETENCIES, SKILLS & ABILITIES:
- This role is flexible hybrid or fully remote (for candidates outside of the Boston area):
- We describe flexible hybrid as approximately 2 days each week in our Billerica, MA office. Your in-office schedule can change each week so that you can focus on your personal commitments
- Fully remote candidates must be able to work EST hours
- Unwavering integrity and quality in approaching your work and relationships
- Strong technical accounting, research, and reporting skills, and a demonstrated ability to address complex issues
- A self-starter that acts decisively, uses good judgment, and can collaborate with others
- Demonstrated ability leading and developing a team, providing effective coaching and development
- Comfort acting as a builder; you can roll up your sleeves and support the team when needed
- Exceptional written communication skills; you can clearly and concisely document complex accounting and reporting issues
- Courage to provide counsel to finance leadership and ask questions that show you always remain curious
- Resilient & versatile; ability to adapt to change and mentor teams through change
- Lead with accounting and industry awareness. Stays up-to-date with relevant SEC, accounting, SOX, and industry standards
WHY YOU’LL LIKE WORKING FOR US:
Our Technology:
From discovery to diagnostics, Quanterix’s ultrasensitive biomarker detection is fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. Simoa® technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ). Our industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology, and infectious disease.
Our Commitment to Employees:
At Quanterix, our values are based on: Team, Innovation, Customer and Owner.
- Team: Challenge assumptions, not the person. Respect diversity of thought and hold ourselves to lofty standards
- Innovation: Stay curious, experiment, create and change
- Customer: Prioritize and celebrate these pioneers by doing our best to deliver on commitments
- Owner: Act with high integrity and in the best interest of Quanterix. Take measured risks and learn from their success and failures.
We reward and recognize our employees by offering competitive compensation and a 401k plan with employer match, as well as competitive health, dental, and vision benefits for employees and their dependents. We also offer an unlimited vacation policy to all exempt employees, and a generous PTO policy for non-exempt employees. All employees are eligible for equity, employee stock purchase plan, a performance bonus, and 1:1 financial counseling/planning. We also offer Tuition Assistance. We have a free, state-of-the-art onsite fitness center for all employees. To keep you fueled up, we provide onsite employees with free snacks and drinks every day!
DIVERSE & INCLUSIVE WORKPLACE:
Quanterix is committed to a Diverse and Inclusive workplace. We strive to recruit candidates who will bring inclusive mindsets and contribute to our values.
Quanterix is an Equal Opportunity Employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
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