Accounting Manager

4 weeks ago


San Diego, United States CFO Hub Full time

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) #J-18808-Ljbffr


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