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Staff Accountant

4 months ago

Chesterfield, United States Avadel Pharmaceuticals plc Full time

About Avadel Pharmaceuticals plc

Who We Are: Avadel Pharmaceuticals plc (Nasdaq: AVDL) is a biopharmaceutical company focused on transforming medicines to transform lives. Our approach includes applying innovative solutions to the development of medications that address the challenges patients face with current treatment options. Oxybate therapy is currently the standard of care for the treatment of excessive daytime sleepiness (EDS) and cataplexy in patients living with narcolepsy. Oxybate products currently marketed by other parties are immediate release formulations requiring two nightly doses - one dose at bedtime and the second dose 2.5-4 hours later, in the middle of the night. Avadel's LUMRYZTM (sodium oxybate) for extended-release oral suspension applies our proprietary drug delivery technology to allow for a single bedtime dose, eliminating the need for a forced awakening during the middle of the night and giving patients the chance for an uninterrupted night's sleep. An extended-release medication sounds like a simple innovation, but it was lacking for more than 20 years, and we believe this will be transformative for people with narcolepsy. For more information, please visit www.avadel.com or check out narcolespydisrupts.com.

What We Do: LUMRYZ was approved by the U.S. Food and Drug Administration (FDA) on May 1, 2023, to be taken once at bedtime for the treatment of cataplexy or excessive daytime sleepiness (EDS) in adults with narcolepsy. The FDA also found LUMRYZ to be clinically superior to currently marketed twice nightly oxybate products and granted LUMRYZ seven years of Orphan Drug Exclusivity. In particular, FDA found that LUMRYZ makes a major contribution to patient care over currently available, twice-nightly oxybate products by providing a once-nightly dosing regimen that avoids nocturnal awakening to take a second dose.

On March 30, 2023, we announced that we raised over $200M to fully support the launch of LUMRYZ. Avadel's market research suggests that LUMRYZ has the potential to command a meaningful share of the multi-billion-dollar narcolepsy treatment market. We are in full launch mode now, and we have a product that has the potential to transform the lives of people with narcolepsy.

How We Work: At Avadel, patients are the reason we exist, and our employees are our greatest competitive advantage - our "secret sauce". The way we work is as important as the results we achieve. Our employees work together as ONE team and live our Values, which is what makes working at Avadel so special and why we will win for patients. Our ONE Team approach fosters a culture based on being relentless for patients, having confidence with humility, being courageous, taking insights to impact, and togetherness. In everything we do, we live the Avadel Values so we can be our best for our patients, our community and each other.

We are seeking team members who have a passion for making a meaningful impact in the lives of patients. We need individuals who will dive in, roll up their sleeves, and join us in our mission to launch Lumryz for the narcolepsy community and be part of building and shaping an exciting future together.

Position Summary:

Avadel is seeking to add a new member to our team to support the growth that the Company is experiencing. Avadel offers a dynamic and fast-paced work environment, so the ability to learn and adapt quickly is essential. We are looking for a Staff Accountant who will be responsible for general ledger transactions, analytical reviews, maintenance of appropriate internal control environment and other ad hoc projects.

Essential Functions:

* Support timely monthly, quarterly and annual financial closes, including preparation of journal entries and balance sheet account reconciliations * Prepare monthly accounting entries in compliance with US GAAP and company accounting policies * Collaborate with accounts payable and process banking transactions * Assist with preparation of balance sheet and income statement analytics * Prepare supporting schedules to assist with month and quarter end financial close review * Assist with financial statement audit process with internal and external auditors * Document and monitor internal controls in accordance with SOX 404 * Special ad hoc projects

Experience and Qualifications:

* Bachelor's Degree in Accounting or equivalent required * CPA certification preferred * Minimum 1 year of experience in public accounting firm and/or industry accounting sector * Strong understanding of US GAAP * Pharmaceutical or life sciences industry experience a plus * Proficient in Excel and Microsoft Office Suite * SAGE X3 ERP user experience a plus

Competencies and Behaviors:

* Ability to fully own projects from execution through to completion and documentation. * Excellent verbal and written communication skills. * Strong time-management and prioritization skills, with an emphasis on attention to detail. * Proactive and self-motivated, able to work independently and meet established deadlines. * Effective team building skills able to establish and maintain cooperative, mutually respectful relationships. * Flexibility in a Hybrid work environment.

Avadel is committed to facilitating an open, honest, inclusive, transparent, and productive work environment where we work together as ONE team and ONE culture to be our best for patients, customers, and each other. Avadel is committed to equal employment opportunities and non-discrimination in employment. We believe that all employees and applicants should be treated with courtesy, dignity, and respect. Avadel does not discriminate in employment on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, genetic information, marital status, ancestry, gender, gender identity, pregnancy, status as a covered veteran, or any other characteristic protected by federal, state, and/or local law. It is our intent to comply with federal, state, and local laws, regulations, and guidelines in our employment practices and in our service to our clients. This policy applies to all terms and conditions of employment including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Avadel is an Equal Opportunity Employer