Financial Reporting Manager - San Francisco

Posted 3 Days Ago
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Milpitas, CA
Senior level
Big Data • Biotech • Pharmaceutical
We are a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology,
The Role
The Financial Reporting Manager prepares SEC filings, oversees complex accounting processes, conducts technical accounting research, ensures compliance with U.S. GAAP and SEC regulations, and assists in audits while interfacing with various groups to enhance reporting efficiency.
Summary Generated by Built In

Please Note: Our offices will be closed for our annual Winter Break from Monday, December 23, 2024, through Thursday, January 2, 2025. Our response to your application will be delayed.
Your work will change lives. Including your own. 

The Impact You’ll Make

The Financial Reporting Manager is a key contributor for the Company, facilitating the efficient completion of our financial reporting process and our most complex accounting processes, with visibility to senior leaders at Recursion. 

In this role, you will:

  • Prepare the SEC annual and quarterly 10-K / 10-Q filings including the financial statements, footnotes and MD&A, while ensuring compliance with all reporting and disclosure requirements under U.S. GAAP and SEC Regulations (including iXBRL).
  • Own our complex accounting processes including revenue, stock-based compensation, leases, software, goodwill, intangibles and consolidations.
  • Perform technical accounting research and implement the accounting for ad-hoc highly complex transactions such as Business Combinations, Revenue, Equity and the related embedded derivative and lease reviews to these and other large material contracts.
  • Prepare the adoption of new accounting pronouncements, including understanding and implementing the new technical accounting rules.
  • Assist in Recursion’s Sarbanes-Oxley 404b compliance processes, policies and procedures including the policies and the quality execution for SEC reporting.
  • Assess the impact of financial reporting information received from other functions and service providers.
  • Interface with various groups including the finance leadership team, outside public accountants and attorneys; and internal legal, tax and investor relations.
  • Stay current on technical accounting matters and prepare accounting memos documenting the conclusion.
  • Assist with quarterly review and annual audit processes by our external auditors.
  • Assist with cross-functional projects on an ad-hoc basis (e.g. Financial Planning and Analysis forecasting or finance-related software implementations.)
  • Develop and implement improvement initiatives that increase the efficiency, accuracy, and timeliness of all financial reporting deliverables.

The Team You’ll Join 

The Financial Reporting Manager reports to the Senior Manager of SEC Reporting and is responsible for preparing our quarterly SEC Form 10-Q and annual SEC Form 10-K filings, as well as any other SEC filings (e.g. 8-K’s, pro-forma statements, S-3’s, etc). In addition, the Financial Reporting Manager is responsible for our most complex accounting processes and performing technical accounting research. 

The Experience You’ll Need

  • Bachelors or Masters degree in Accounting.
  • Active CPA certification preferred.
  • Minimum of 5 years of experience either at a Big Four public accounting firm or a combination of public accounting and public multi-national company experience.
  • Strong SEC reporting and technical accounting experience. Pharmaceutical or Biotech industry experience preferred.
  • Deep knowledge of the U.S. GAAP, SOX 404b compliance and SEC reporting regulations.
  • Excellent knowledge of Microsoft office, ERP applications (general ledger software, consolidation software, etc) and financial reporting tools (such as Workiva).

Working Location:

Making Salt Lake City your home base is ideal, however, we will also consider hybrid work for this position based in San Francisco or New York.  We ask that employees living outside of Salt Lake City commit to regular on-site visits for routine work and departmental events.

#LI-CP1

At Recursion, we believe that every employee should be compensated fairly. Based on the skill and level of experience required for this role, the estimated current annual base range for this role is:

  • Developing: $114,000
  • Skilled: $126,000
  • Expert: $140,000

To learn more about our level within levels, click here.

You will also be eligible for bonuses and equity compensation + our comprehensive benefits package for United States based candidates. The range displayed on each job posting reflects target ranges for US new hire salaries and is determined by job, level, and market factors.  

During the interview selection process, you will connect with a Talent Acquisition Partner who will be your advocate and ally to ensure you receive the appropriate compensation that meets your needs for your skills, experience, and relevant education/training, while also reviewing our very competitive total rewards package.

The Values That We Hope You Share:

  • We Care: We care about our drug candidates, our Recursionauts, their families, each other, our communities, the patients we aim to serve and their loved ones. We also care about our work.
  • We Learn: Learning from the diverse perspectives of our fellow Recursionauts, and from failure, is an essential part of how we make progress.
  • We Deliver: We are unapologetic that our expectations for delivery are extraordinarily high. There is urgency to our existence: we sprint at maximum engagement, making time and space to recover. 
  • Act Boldly with Integrity: No company changes the world or reinvents an industry without being bold. It must be balanced; not by timidity, but by doing the right thing even when no one is looking.
  • We are One Recursion: We operate with a 'company first, team second' mentality. Our success comes from working as one interdisciplinary team.

Recursion spends time and energy connecting every aspect of work to these values. They aren’t static, but regularly discussed and questioned because we make decisions rooted in those values in our day-to-day work. You can read more about our values and how we live them every day here.

More About Recursion 

Recursion is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in London, Toronto, Montreal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on X (formerly Twitter) and LinkedIn.

Recursion is an Equal Opportunity Employer that values diversity and inclusion.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected under applicable federal, state, local, or provincial human rights legislation. Recursion welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.
Recruitment & Staffing Agencies: Recursion Pharmaceuticals and its affiliate companies do not accept resumes from any source other than candidates. The submission of resumes by recruitment or staffing agencies to Recursion or its employees is strictly prohibited unless contacted directly by Recursion’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Recursion, and Recursion will not owe any referral or other fees. Our team will communicate directly with candidates who are not represented by an agent or intermediary unless otherwise agreed to prior to interviewing for the job.

The Company
HQ: Salt Lake City, UT
243 Employees
Hybrid Workplace
Year Founded: 2013

What We Do

We are a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology, chemistry, automation, data science and engineering to industrialize drug discovery. We are leveraging new technology to create virtuous cycles of learning around datasets to build the next-generation biopharmaceutical company. It’s complex biology, decoded. While we are united in a common mission, Decoding Biology to Radically Improve Lives, our greatest strength lies in our differences: expertise, gender, race, disciplines, experience, and perspectives. Deliberately building and cultivating this culture is critical to achieving our audacious goals. We are proudly headquartered in Salt Lake City.

Why Work With Us

We are the leading AI/ML-driven drug discovery company, running +1.5 million experiments every week as we develop a map of human biology. This approach has created one of the largest, broadest and deepest pipelines of any technology-enabled drug discovery company.

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