Accounting Manager

1 week ago


Waltham, Massachusetts, United States Zenas BioPharma Full time $108,000 - $135,000

Zenas is a clinical-stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of transformative therapies for patients with autoimmune diseases. Our core business strategy combines our experienced leadership team with a disciplined product candidate acquisition approach to identify, acquire and develop product candidates globally that we believe can provide superior clinical benefits to patients living with autoimmune diseases. Zenas is advancing two late-stage, potential franchise molecules, obexelimab and orelabrutinib. Obexelimab, Zenas' lead product candidate, is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb, which are broadly present across B cell lineage, to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them. We believe that obexelimab's unique mechanism of action and self-administered, subcutaneous injection regimen may broadly and effectively address the pathogenic role of B cell lineage in chronic autoimmune disease. Orelabrutinib is a potentially best-in-class, highly selective CNS-penetrant, oral, small molecule Bruton's Tyrosine Kinase (BTK) inhibitor with the potential to address compartmentalized inflammation and disease progression in Multiple Sclerosis (MS). Zenas' earlier stage programs include a preclinical, potentially best-in-class, oral, IL-17AA/AF inhibitor, and a preclinical, potentially best-in-class, oral, brain-penetrant, TYK2 inhibitor.

We are seeking top talent who share our commitment to patients and have a track record of success in acquiring, developing and commercializing products across the globe. Our colleagues have an opportunity to engage in a fast-paced learning environment and experience individual and organizational success as we work towards becoming a global immunology and autoimmune disease leader, while living our values of Transparency, Relationships, Urgency, Excellence and Innovation – TRUE Innovation

Position Summary:

Reporting to the Director, Accounting, the Accounting Manager will play a pivotal role in managing financial aspects of our Research and Development ("R&D") activities as well as  Selling, General, and Administrative ("SG&A") accounting responsibilities. This position requires a strategic thinker with strong financial acumen, leadership skills, and a deep understanding of the biotech industry. The ideal candidate will collaborate closely with cross-functional teams and also work with CRO & CDMO vendors to support various finance and accounting activities related to our R&D activities.

Key Responsibilities:

  • Business partner to various organizations within R&D
  • Manage aspects of the monthly accounting close, to ensure accurate and timely completion of close activities with a focus on R&D-related accounting areas including expenses, prepayments and deposits, and accruals
  • Prepare journal entries and reconciliations with related supporting workpapers for assigned areas
  • Ensure the quality of work product is compliant with SOX requirements
  • Review and analyze invoices, read contracts, and compare and reconcile data to POs, budgets and/or work orders to determine the appropriate accounting treatments
  • Review CRO & CDMO budget trackers and ensure appropriate accounting estimates in the expense trackers
  • Prepare fluctuation analysis by segments (e.g., subsidiaries, programs, phases, etc.) as well as R&D-related general ledger account fluctuation analysis
  • Prepare general ledger account reconciliations and other R&D analyses requested by management
  • Coordinate with finance & accounting team members in identifying, researching, and documenting significant accounting matters and disclosure items
  • Assist with the quarterly reviews, interim and year-end audit, as well as tax requirements as it relates to associated activities. Drive closure of any open items on a timely basis
  • Identify and implement improvements to existing processes and procedures for both general and R&D-related accounting areas
  • Ad hoc tasks and other special projects as assigned

Qualifications:

  • Bachelor's degree in accounting required with a minimum 5 years of experience
  • Biotech/Life Sciences experience (preferred)
  • CPA or candidate seeking CPA certification preferred
  • Broad knowledge of accounting principles (US GAAP)
  • Internal controls (SOX) experience
  • Strong systems skills; experience with top tier accounting/ ERP systems; proficiency with Microsoft Excel
  • Ability to follow instructions for multiple projects with competing priorities and tight deadlines in a fast-paced environment
  • Excellent interpersonal and communication skills
  • Strong attention to detail, time management, and organizational skills
  • Ability to work independently as well as with other groups across the business

#LI-Hybrid

The position is eligible for a competitive compensation and benefits package.

Zenas is committed to fair and equitable compensation practices. The base salary pay range for this role is $108,000 to $135,000. Actual compensation packages will depend on various factors, including, but not limited to depth of experience, education, skillset, overall performance and/or location.

Zenas believes in providing a competitive compensation and benefits package to all employees. Our base salary is just one component of Zenas' competitive total rewards strategy that also includes annual performance bonus, equity, full range of benefits and other incentive compensation plans.

Zenas BioPharma is proud to be an equal opportunity employer. We are committed to fostering an environment where diversity is valued.  All qualified applicants will receive consideration for employment based on merit, qualifications and the needs of the business.



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