About Summit:
Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life, increasing potential duration of life, and resolving serious unmet medical needs. At Summit, we believe in building a team of world class professionals who are passionate about this mission, and it is our people who drive this mission to reality. Summit’s core values include integrity, passion for excellence, purposeful urgency, collaboration, and our commitment to people. Our employees are truly the heart and soul of our culture, and they are invaluable in shaping our journey toward excellence.
Summit’s team is inspired to touch and help change lives through Summit’s clinical studies in the field of oncology. Summit has multiple global Phase 3 clinical studies, including:
Non-small Cell Lung Cancer (NSCLC)
HARMONi: Phase 3 clinical study which was intended to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated, locally advanced or metastatic non-squamous NSCLC who were previously treated with a 3rd generation EGFR TKI.
HARMONi-3: Phase 3 clinical study which is intended to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.
HARMONi-7: Phase 3 clinical study which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC.
Colorectal Cancer (CRC)
HARMONi-GI3: Phase 3 clinical study intended to evaluate ivonescimab in combination with chemotherapy compared with bevacizumab plus chemotherapy.
Ivonescimab is an investigational therapy not presently approved by any regulatory authority other than China’s National Medical Products Administration (NMPA). Summit is headquartered in Miami, Florida, and has additional offices in California, New Jersey, the UK, and Ireland.
LOCATION: Position can be based on-site in Palo Alto, CA / Miami, FL / Princeton, NJ or Remote if outside of commuting distance of office locations
Overview of Role:
The Assistant Controller will manage accounting process, lead accounting close and financial audits. Other responsibilities will apply as needs of the business change.
Role and Responsibilities:
- Oversee all aspects of accounting, including general ledger, cost accounting, accounts payable and payroll.
- Drive the preparation and review of clinical trials and contract manufacturing related accrual and prepayment entries and reconciliations.
- Perform / review various technical accounting analyses.
- Maintain internal and operational controls necessary to monitor performance and comply with SOX 404, as required.
- Ensure completeness and accuracy of month-end close tasks; is accountable for overseeing journal entries, balance sheet reconciliations, financial flux, key judgements, internal controls and management reporting.
- Act as primary liaison with external auditors; prepare and coordinate all appropriate material for quarterly reviews and annual audits.
- Collaborate with supply chain, manufacturing, and quality teams to oversee and monitor drug inventory accounting, ensuring accurate valuation, inventory reconciliation, obsolescence and excess stock inventory practices and proper compliance.
- Partner with FP&A and the business to provide financial insight for budgets and forecasting.
- Assist with compilation of information for preparation of tax compliance items, including but not limited to annual provisions/returns and other tax-related items and review the external tax advisors’ deliverables.
- Maintain focus on continuous improvement by challenging status quo to accelerate financial accounting close and increase efficiency of accounting and reporting processes.
- Support ERP implementation and upgrades as appropriate.
- Develop and updated accounting policies and documentation.
- Mentor and support members of the accounting team.
- Other duties as assigned.
Experience, Education and Specialized Knowledge and Skills
- Bachelor’s or master’s in accounting; CPA preferred.
- Minimum of 10+ years of progressive experience in public and private accounting.
- Experience in biotech or life science industry required.
- Demonstrate intellectual curiosity by interacting with business leaders to understand operational activities and ensure appropriate accounting treatment of business transactions.
- Thorough knowledge of US GAAP principles.
- Demonstrated ability to operate in a fast-paced environment.
- Attention to detail, accuracy and confidentiality.
- Excellent organizational, management, analytical & decision-making skills.
- An ability to work well cross functionally and across geographies.
- Impeccable integrity and a strong work ethic.
This is the pay for this position
Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus, stock, benefits and/or other applicable variable compensation.
Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summit’s Talent Acquisition team at [email protected] to obtain prior written authorization before referring any candidates to Summit.
Summit Therapeutics Inc. is an Equal Opportunity Employer and takes pride in creating and maintaining diverse environment. We do not discriminate in recruitment, hiring, training or promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.
Top Skills
What We Do
Summit Mission Statement: To build a viable, long-lasting health care organization that assumes full responsibility for designing, developing, trial execution and enrollment, regulatory submission and approval, as well as successful commercialization of patient, physician, caregiver, and societal-friendly medicinal therapy intended to: improve quality of life, increase potential duration of life, and resolve serious medical healthcare needs. To identify and control promising product candidates based on exceptional scientific development and administrational expertise, develop our products in a rapid, cost-efficient manner, and to engage commercialization and/or development partners when appropriate. We accomplish this by building a team of world class professional scientists and business administrators that apply their experience and knowledge to this mission. Team Summit exists to pose, strategize, and execute a path forward in medicinal therapeutic health care that places Summit in a well-deserved, top market share, leadership position. Team Summit assumes full responsibility for stimulating continuous expansion of knowledge, ability, capability, and well-being for all involved stakeholders and highly-valued shareholders. Summit was founded in 2003 and our shares are listed on the Nasdaq Global Market (symbol ‘SMMT’). We are headquartered in Miami, Florida, and we have additional offices in Palo Alto, California, Princeton, New Jersey, Oxford, UK, and Dublin, Ireland.
.png)
