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Accounting Manager
3 months ago
Job Description
Job Description
CFO Hub is seeking an Accounting Manager for a client in beautiful San Diego. The position is with this client and not with CFO Hub.
Our client is in the biotechnology industry and is looking for a full-time, on-site accounting manager to manage their full-cycle accounting functions.
Position: Accounting Manager
Major Responsibilities & Duties:
1. Financial Analysis and Reporting:
Analyze financial packages and variance analysis reports against budget and prior periods.
Prepare and consolidate budgets and forecasts for each entity.
Assist in preparing capital plans, cash flow projections, P&L forecasts, and Board presentations.
2. Financial Close, Daily Accounting Transactions and Consolidation:
Prepare monthly and quarterly close and consolidation processes, including recording consolidating entries, expenses accrual, amortization, cost allocation, and reconciling intercompany and subsidiary transactions.
Prepare consolidated schedules for quarterly reviews and annual audits, including certain financial statement footnotes.
Prepare intercompany transactions on a monthly basis.
Review and approve invoices daily.
Perform daily transactions and payment process
Monitor and ensure the bank balance and prepare the cash flow projection for the cash replenishment periodically.
Assist in the annual financial audit and work closely with external auditors.
3. Payroll and Taxation:
Perform the payroll process, generating & related journals, ensuring accuracy and compliance with relevant regulations.
Review and file payroll-related taxes, W-2, ACA reporting, benefit, VOE, 401K, WC & Stock taxes.
Ensure timely and accurate filing of tax returns, such as annual tax returns, 1099, property tax, sales/use tax, form 5500, etc.
4. ERP Systems and Accounting Procedures:
Maintain the chart of accounts, departments, and project codes in the ERP system.
Assist in accounting and financial reporting system implementation and internal
procedure setup.
Ensure the proper functioning and continuous improvement of the ERP systems.
5. Vendor Management and Insurance:
Maintain vendor information and documents in the ERP system.
Assist in reviewing contracts and renewing business insurance as needed.
Provide credit application information to vendors.
6. Compliance and Policy:
Ensure compliance with local, state, and federal government requirements.
Establish and update company operation and accounting policies as needed.
7. Team Leadership:
Supervise and mentor accounting staff, providing guidance and support in their professional development.
Promote a positive and collaborative work environment within the finance team.
Conduct performance evaluations and facilitate ongoing training.
8. Additional Responsibilities:
Provide support in analyzing and reporting on clinical operation spend and related contract variances.
Support equity financing and IPO processes, if applicable.
Handle other related duties as necessary or assigned.
Education and Experience
- BS degree in Accounting or Finance with a minimum of 5-8 years of relevant experience.
- CPA or MBA preferred
- Experience in the pharmaceutical industry or other life science businesses is highly desired
- Previous experience in a publicly held company is advantageous.
- Experience in ERP and financial reporting system and implementation, NetSuite preferred
- Prior experience in a supervisory or managerial accounting role is required.
Knowledge, skills and abilities
- Strong understanding of accounting theory, US GAAP, and IFRS.
- Highly detail-oriented and organized, with the ability to meet assigned deadlines.
- Proficient in tax preparation and compliance.
- Excellent proficiency with Microsoft Office applications and computer skills.
- Ability to adapt to new situations and work in a fast-paced environment with a sense of
urgency.
- Strong problem-solving skills and the ability to handle stress effectively.
- Excellent written and verbal communication skills.
Language:
- English (required)
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