Senior Accounting Manager
1 month ago
Finance
Cambridge, MA * ID: 24R-08 * Full-Time/RegularNearly 37 million Americans are currently affected by Chronic Kidney Disease. 37 million.
At Akebia we take that number very seriously and every day we come to work, with the purpose of bettering the lives of each person impacted by kidney disease and the renal community that serves them.
Our tenacious, passionate employees' challenge the status quo and work to develop unique therapeutics that have the potential to set new standards of care for people living with kidney disease.
This is life-changing work, and we are all in, are you?
Akebia Therapeutics, Inc., is looking for an experienced hands-on Senior Accounting Manager who is an enthusiastic, strong leader with a solid technical accounting background. The Senior Accounting Manager will report to the Controller and will play a critical role in driving the monthly and quarterly close process to ensure a high quality, accurate and efficient monthly and quarterly close that enables the Company to meet its external SEC reporting/filing timelines, all while ensuring the Company's SOX internal controls are operating effectively, and the Company's books and records are in compliance with US GAAP. The person in this role will also help generate and lead process improvements and optimization of our business processes across the Company, to ensure scalability of the Company's operations to support future growth. A key goal for the Senior Accounting Manager will be to drive continuous improvements in our accounting close and reporting processes and the related SOX internal controls.
The Senior Accounting Manager will:
- Manage the accounting function, consisting of the monthly/quarterly closing process, including preparation and/or review of all required journal entries, monthly balance sheet reconciliations, cash receipts/disbursements and stock-based compensation
- Have a solid understanding of cutoffs and accruals with the ability to work closely with other departments to ensure completeness and accuracy of all accrued expenses
- Experience with clinical trial and other operations accruals a plus
- Ensure that the close process is streamlined and all deadlines are met, and the roles and responsibilities of those involved are appropriate. Recommend and implement any changes necessary to improve the close process
- Have a basic understanding of cost accounting
- Inventory costing, reserve analysis, cost of goods sold, overhead calculation, cost adjustments
- Preparation of all inventory-related journal entries at month-end
- Lead/assist with the planning and execution of the annual physical inventory counts including analysis and reporting of results
- Maintain and ensure ongoing compliance with accounting policies and procedures
- Prepare quarterly collaboration revenue calculations and related collaboration partner invoices
- Review of monthly/quarterly stock-based compensation expense files
- Prepare monthly, quarterly and annual financial statements
- Assist other team members with research of accounting issues for compliance with generally accepted accounting principles (GAAP)
- Lead the coordination and support of the independent auditors in their quarterly reviews and annual audits, including preparation of prepared by client schedules (PBCs)
- Support the company's SOX 404 compliance including:
- Internal control documentation (maintenance of updated narratives, control matrices/flowcharts)
- Walkthroughs and testing process in conjunction with a third-party consulting firm
- SOX 404 audits, including preparation of PBC's
- Assist with banking related tasks, including timely and accurate monthly and quarterly banking compliance activities
- Respond to inquiries from finance and company-wide managers regarding financial results, special reporting requests and the like.
Basic Qualifications:
- BS or MBA in Accounting
- 6+ years of Accounting experience
Preferred Qualifications:
- CPA preferred
- Biopharmaceutical industry experience
- Experience leading an accounting organization for a public company
- Strong knowledge of US GAAP and SOX
- Strong work ethic with good judgment, initiative and excellent attention to detail
- Ability to research and interpret accounting guidance
- Excellent organization and problem-solving skills and the ability to independently prioritize multiple tasks and bring projects to completion
- The ability to sustain productivity in a fast-paced environment, maintain composure and focus under pressure and deadline
- Excellent written and verbal communication skills
- Ability to interact with and build relationships across all levels of the organization
Are you an Akebian?
An Akebian is curious, empathetic, and values making connections to people and ideas. Akebian's aren't afraid of diving in and owning a process or a problem, because we all want to deliver a great solution. Akebian's believe that we are better together because we are all working toward a common purpose - to better the life of each person impacted by kidney disease. Want to learn more about what it means to be an Akebian? Visit our website: www.akebia.com
COVID 19 Vaccination: All Akebia new hires will be required to provide documentation that they are fully vaccinated against COVID-19 or, if not, that they are legally entitled to an accommodation due to a medical condition or a sincerely held religious belief. Requests for accommodation will be considered on a case-by-case basis, and Akebia will consider, among other things whether a proposed accommodation would create an undue hardship. Please note that it is unlikely that accommodations can be granted for customer-facing positions.
Akebia is an equal opportunity employer and welcomes all job applicants. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other factors prohibited by law.
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