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Senior Accountant, Revenue
3 months ago
Company Overview
ImmunityBio, Inc. (NASDAQ: IBRX) is a commercial-stage biotechnology company developing cell and immunotherapy products that are designed to help strengthen each patient's natural immune system, potentially enabling it to outsmart the disease and eliminate cancerous or infected cells. We envision a day when we no longer fear cancer, but can conquer it, thanks to the biological wonder that is the human immune system. Our scientists are working to develop novel therapies that harness that inherent power by amplifying both branches of the immune system, attacking cancerous or infected cells today while building immunological memory for tomorrow. The goal: to reprogram the patient's immune system and treat the host rather than just the disease.
Why ImmunityBio?
* ImmunityBio is developing cutting-edge technology with the goal to transform the lives of patients with cancer and develop next-generation therapies and vaccines that complement, harness and amplify the immune system to defeat cancers and infectious diseases.
* Opportunity to join a publicly traded biopharmaceutical company with headquarters in Southern California.
* Work with a collaborative team with the ability to work across different areas of the company.
* Ability to join a growing company with professional development opportunities.
Position Summary
The Senior Accountant, Revenue will be responsible for the accounting policies, procedures and controls associated with revenue across PVH.
Essential Functions
- Responsible for analyzing accounting transactions related to revenue including analyzing revenue data, identifying trends and adjustments, and providing insights.
- Review revenue recognition processes to guarantee consistent application of revenue recognition policies in line with US GAAP or other relevant standards.
- Review customer contracts to ensure the project set up procedures correctly apply revenue recognition methodology in line with US GAAP or other relevant accounting standards.
- Collaborate with cross functional teams to ensure accurate financial results for all revenue related income statement and balance sheet accounts.
- Complete the revenue month end close processes ensuring financial transactions and records comply with US GAAP/company policies and all revenue income statement and balance sheet account reconciliations are completed.
- Contribute to process improvements in company order-to-cash and revenue recognition activities to enhance accounting/finance operational efficiency.
- Support existing policies and guidelines around processes that will allow for transparency, efficiency, and scalability.
- Support enhancements to financial processes related to revenue and receivables, aiming for increased efficiency and scalability.
- Compile and provide supporting revenue documentation to support required revenue disclosures in accordance with US GAAP for the company's SEC filings.
- Assist with technical accounting research related to revenue recognition and documentation efforts as required.
- Assist with data gathering and implementation of US GAAP standards to be adopted with respect to revenue recognition.
- Manage the internal and external audit requests related to order-to-cash and revenue recognition processes providing necessary documentation and support.
- Support internal controls to safeguard the company's assets and prevent fraud.
- Performs other duties as assigned
Education & Experience
- Bachelor's degree in finance, accounting, or a related field with emphasis in accounting required.
- 5+ years of professional experience in finance roles, including meaningful experience in revenue recognition.
- Certified Public Accountant, or equivalent professional certification, is preferred.
- Experience working for a Big 4 accounting firm is preferred.
- Experience with and understanding/application of US GAAP.
- Experience acting as a resource for the Client Finance team, offering training on processes that directly affect revenue recognition, such as monthly journal entries and reconciliations.
- Experience creating and delivering financial reports and presentations to internal stakeholders.
- Experience collaborating with Client Finance and FP&A teams on revenue recognition, forecasting and reporting.
- Experience with the revenue and receivables accounting process
- Experience with revenue in a life sciences company
Knowledge, Skills, & Abilities
- Skilled hands-on, self-motivated technical accountant possessing knowledge of US GAAP (ASC 606)
- Comprehensive knowledge of US GAAP, financial regulations, and accounting best practices
- Strong knowledge of finance processes, systems, and internal controls
- Create and deliver financial reports and presentations to internal stakeholders.
- Collaborate with Client Finance and FP&A teams on revenue recognition, forecasting and reporting.
- Strong computer skills, including Microsoft Office (Word, Excel, ADOBE) and Accounting software packages (Microsoft D365)
- Understanding of financial regulations, compliance, and risk management
- Innovative thinker with a proactive approach to problem-solving and process improvement.
- Contribute to the environment of openness and teamwork.
- Strong organizational abilities and adept at managing multiple priorities and tasks simultaneously.
- Excellent interpersonal, written, and verbal communication skills
Working Environment / Physical Environment
- This position will work hybrid (combination onsite and remote)
- Must possess mobility to work in a standard office setting and to use standard office equipment, including a computer.
- Lift and carry materials weighing up to 20 pounds.
This position is eligible for a discretionary bonus and equity award. The annual base pay range for this position is below. The specific rate will depend on the successful candidate's qualifications, prior experience as well as geographic location.
$100,000 (entry-level qualifications) to $125,000 (highly experienced) annually
The application window is anticipated to close on 60 days from when it is posted or sooner if the position is filled or closed.
ImmunityBio employees are as valuable as the people we serve. We have built a resource of robust benefit offerings to best support the total wellbeing of our team members and their families. Our competitive total rewards benefits package, for eligible employees, include: Medical, Dental and Vision Plan Options * Health and Financial Wellness Programs * Employer Assistance Program (EAP) * Company Paid and Voluntary Life/AD&D, Short-Term and Long-Term Disability * Healthcare and Dependent Care Flexible Spending Accounts * 401(k) Retirement Plan with Company Match * 529 Education Savings Program * Voluntary Legal Services, Identity Theft Protection, Pet Insurance and Employee Discounts, Rewards and Perks * Paid Time Off (PTO) includes: 11 Holidays * Exempt Employees are eligible for Unlimited PTO * Non-Exempt Employees are eligible for 10 Vacation Days, 56 Hours of Health Pay, 2 Personal Days and 1 Cultural Day * We are committed to providing you with the tools and resources you need to optimize your Health and Wellness.
At ImmunityBio, we are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.
ImmunityBio is a mandatory vaccination employer for COVID-19 and its variants. The Company requires that its employees be fully vaccinated as of their start date. If you require a medical or religious accommodation we will engage in the interactive process with you. Proof of vaccination will be required prior to start. If we make you an offer and you are not yet vaccinated, we will accommodate a delay in start date. ImmunityBio may also mandate that its employees receive vaccine boosters, and all accommodation laws will be followed.
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