Accounting Manager

3 weeks ago

Somerville, Massachusetts, United States Generate:Biomedicines Full time

About Generate:Biomedicines

Generate:Biomedicines is a new kind of therapeutics company – existing at the intersection of machine learning, biological engineering, and medicine – pioneering Generative BiologyTM to create breakthrough medicines where novel therapeutics are computationally generated, instead of being discovered. The Company has built a machine learning-powered biomedicines platform with the potential to generate new drugs across a wide range of biologic modalities. This platform represents a potentially fundamental shift in what is possible in the field of biotherapeutic development.

We pursue this audacious vision because we believe in the unique and revolutionary power of generative biology to radically transform the lives of billions, with an outsized opportunity for patients in need. We are seeking collaborative, relentless problem solvers that share our passion for impact to join us

Generate:Biomedicines was founded in 2018 by Flagship Pioneering and has received nearly $700 million in funding, providing the resources to rapidly scale the organization. The Company has offices in Somerville and Andover, Massachusetts with over 275 employees.

The Role:

Generate Biomedicines is looking for an Accounting Manager to join our growing Finance team We are a rapidly evolving company and are looking for an individual who is comfortable working on a team, as well as independently, and will thrive in this fast-paced environment. The Accounting Manager will be an instrumental player in the month end close for Generate and will be responsible for strengthening and automating accounting processes, policies and procedures. Additionally, the role will be assisting with annual audits and enhancing companywide financial reporting. The position provides an opportunity for professional growth as Generate continues to mature and evolve. This position is a hybrid role with a weekly on-site presence in Somerville, MA.

Here's how you will contribute:

Work with the business and FP&A to calculate monthly accruals, record journal entries and reconcile accounts. Document assumptions used in accrual modelsAnalyze and provide commentary on balance sheet and income statement variancesPrepare and review reconciliations as part of the close processCollaborate across key functional areas, including facilities, legal, HR, IT, R&D, and FP&A, as applicable, to ensure proper input into the accounting close process Develop, implement and document new accounting policies and procedures to scale within the organization Ensure internal controls compliance for the responsible area, including implementing improvements to enhance the efficiency of current controls Play a significant role in annual audits providing supporting documentation for transactions, reconciliation detail and analysis Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up, such as system implementations, updates and business process improvements

The Ideal Candidate will have:

Bachelor's degree in accounting is required CPA and "Big 4" audit experience preferred 5+ years' experience in accounting/finance Experience with US GAAP financial reporting requirements and controls Major ERP experience, NetSuite and Coupa experience a strong plus Biotech experience a plus Extensive experience with Microsoft Excel and Word Detail-oriented with ability to manage multiple projects in a fast-paced environment Must have excellent analytical skills Ability to work both independently and in a collaborative team setting Flexible team-player, who is comfortable in a fast-paced growth-oriented environment Strong written and verbal communication skills and demonstrated ability to work collaboratively with both scientists and management

#LI-HM1

Generate:Biomedicines is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

COVID Safety:

Generate:Biomedicines enforces a mandatory vaccination policy for COVID-19. All employees must be fully vaccinated and have received a booster. The purpose of this policy is to safeguard the health of our employees, their families, and the community at large from infectious disease that may be reduced by vaccinations. The Company will make exceptions to this policy if required by applicable law and will consider requests for an exemption from this policy due to a medical reason, or because of a sincerely held religious belief, or any other exemptions that may be recognized by applicable.

Recruitment & Staffing Agencies: Generate:Biomedicines does not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Generate:Biomedicines or its employees is strictly prohibited unless contacted directly by the Company's internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Generate:Biomedicines and the Company will not owe any referral or other fees with respect thereto.

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