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Finance Manager

1 month ago

Alameda, United States Virtual Full time

Finance Manager – R&D Accruals

           
COMPANY DESCRIPTION:
Our client, a Biotechnology Research company located in San Francisco Bay Area is seeking a well-qualified Finance Manager to support their growing team. 

LOCATION:
The Company is located in Alameda, California.

REMOTE/HYBRID/ON-SITE: On-site. They are five days a week in the office.

SUMMARY OF POSITION:
The R&D Finance Manager (Accruals) is primarily responsible for the R&D CMC accounting close process. This position will partner extensively with CMC, Accounting, FP&A and other internal business partners to ensure a thorough understanding of our various R&D programs and lead the accurate and timely completion of the R&D CMC accrual during the accounting close. The ideal candidate will enjoy working in a fast-paced collaborative environment, have strong analytical and accounting skills, be results-oriented, pay strong attention to detail, and is highly motivated to deliver excellence in their work.   

JOB RESPONSIBILITIES:  

  • Review and analyze R&D CMC contracts/SOWs/work orders to determine the appropriate accounting treatment

  • Liaison between the CMC team and Accounting team regarding the monthly R&D CMC accrual; guide the proper accounting treatment of R&D CMC related transactions

  • Manage and prepare the monthly R&D CMC accrual to ensure accurate and timely recording of expenses, prepayments and deposits

  • Ensure monthly R&D CMC accrual schedule is complete and ready for manager review

  • Review and/or prepare journal entries and related supporting work papers; ensure the work product complies with SOX requirements

  • Collaborate with FP&A forecast analyst to ensure R&D CMC forecast properly captures planned accruals

  • Work closely with accounting on month-end and quarter-end deliverables, including but not limit to reporting, reconciliations, etc.

  • Responsible for monthly R&D CMC accrual flux analysis

  • Support quarterly and annual audits

  • Ensure compliance with Company policies and the application of Generally Accepted Accounting Principles (US GAAP)

  • Assist in process improvements and system implementations as needed

  • Support ad hoc projects as needed


JOB REQUIREMENTS:
Education:

  • BS/BA degree in related discipline and seven years of related experience; or,

  • MS/MA degree in related discipline and five years of related experience; or,

  • Equivalent combination of education and experience


Experience:

  • A minimum of one year of Public Biotech/Pharmaceutical experience is preferred

  • A minimum of one or more years of experience working at a publicly traded company

  • Progressive accounting experience required

  • ERP systems experience required


Knowledge/Skills/Abilities:

  • Must have strong analytical, strategic, problem solving and organizational skills

  • Strong communication (verbal and written) and presentation skills

  • Ability to build strong cross-functional relationships within an organization

  • Ability to meet tight deadlines

  • Team player with the ability to work independently, proactively, and effectively under pressure

  • Broad business acumen and sound business judgment

  • Advanced knowledge of Excel & intermediate knowledge of PowerPoint

  • Experience with financial systems – Hyperion Planning/Essbase and SAP – is preferred


OPPORTUNITY FOR GROWTH:
Yes The Company encourages its employees to move around the business.  There are multiple examples of employees at the Company being promoted multiple times. 

BENEFITS AND PERKS:  

  • Medical

  • Dental

  • Vision

  • Health Savings Accounts

  • Domestic Partner Coverage


COMPENSATION:  
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure: $149K + Bonus. The individual may also be eligible for discretionary bonuses.