Senior Manager, Financial Reporting

Madrigal is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a serious liver disease that can progress to cirrhosis, liver failure, need for liver transplantation and premature mortality. Every member of our Madrigal team is connected by our shared purpose: leading the fight against MASH.

Madrigal’s medication, Rezdiffra (resmetirom), is a once-daily, oral, liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra is the first and only medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c).

Our success is driven by our people. We are building a dynamic, inclusive, and high-performing culture that values scientific excellence, operational rigor, and collaboration. To support our continued growth, we are strengthening our workforce strategy to ensure we have the right talent, at the right time, in the right way.

Job Title: Senior Manager, Financial Reporting

Location: Hybrid from Waltham, MA

Job Summary:

The Senior Manager, Financial Reporting will play a crucial role in the financial statement close and consolidations processes, ensuring the accuracy, timeliness, and integrity of consolidated financial results and compliance with applicable accounting standards. This

position will prepare financial statements for SEC reporting, drive improvements in reporting systems and processes, and manage financial data across multiple entities.

Key Responsibilities:

• Prepare reporting packages for financial statements and internal reporting
• Assist in the preparation and filing of quarterly and annual reports on Forms 10-Q and 10-K, respectively, in accordance with SEC regulations
• Prepare the consolidated cash flow statement
• Lead the monthly and quarterly consolidation tasks of Madrigal’s 10+ legal entities (multi-currency), including preparing and managing top-side journal entries
• Oversee global intercompany eliminations entries
• Manage global chart of accounts and financial statement line-item mappings in DataRails
• Ensure appropriate integration and connection of DataRails with Madrigal’s ERP systems
• Continuously enhance the close and financial reporting processes to improve efficiency, accuracy, and internal controls
• Contribute to the financial close, as needed, as reviewer of reconciliations or preparer of memos / workpapers for complex accounting transactions
• Stay current on new accounting standards and SEC rules and regulations, implementing changes to reporting processes as necessary
• Assist with the implementation of new accounting standards and miscellaneous accounting-related projects (e.g. business development and M&A projects, etc.)
• Coordinate with internal and external auditors
• Coach other team members on accounting matters and provide exposure to staff on areas within SEC reporting to expand the team’s skillsets
• All activities of this position will be performed in conformance with our established policies as well as US GAAP, SOX, and any other applicable regulatory requirements

Requirements:

• Bachelor’s degree in accounting or related field; CPA designation strongly preferred
• 7+ years of experience in public accounting and/or SEC reporting and consolidations in a public company (Mix of Big 4 and industry experience preferred)
• Experience with NetSuite and SEC reporting platform Workiva a plus
• Experience with CPM tools (e.g. OneStream, DataRails, Hyperion).
• Strong understanding of US GAAP, SEC regulations, and financial reporting requirements
• Excellent analytical and problem-solving skills
• Effective communication and collaboration skills with the ability to interact with cross-functional teams and external stakeholders
• Ability to provide clear explanations of accounting matters to team members of all levels
• Self-motivated individual who can proactively identify potential challenges and take the initiative to address them
• Strong attention to detail
• Ability to work in a fast-paced environment, including the ability to successfully manage and adapt to shifting priorities, competing demands, and unexpected changes
• Experience in the pharmaceutical, biotechnology, or life sciences industries is a plus

Madrigal’s Total Rewards strategy is based on a biotech industry peer group comparator and is inclusive of base pay, bonus and equity. Our equity offers meaningful opportunity allowing our employees to share in the success they help create. By aligning individual and company performance, we empower employees to think like owners, giving them a stake in the organization.

All employees receive equity, which we believe reinforces our ownership culture. Base salary is determined by several factors including the candidate’s qualifications, skills, education, experience, business needs and market demands. The base salary range for this position is $146,000 - $178,000 per year

All full-time employees receive equity, which reinforces our ownership culture and offers meaningful opportunity for our employees to share in the success they help create. By aligning individual and company performance, we empower employees to think like owners, giving them a stake in the organization.  

Full-time employees are also eligible for comprehensive benefits, including flexible paid time off, medical, dental, vision and life/disability insurance, and 401(k) offerings (i.e., traditional, Roth, and employer match) in accordance with applicable plans. We also offer additional voluntary benefits like supplemental life insurance, legal services, and other offerings. In addition, we offer mental health benefits through our Employee Assistance Program for employees and their family. The company also provides other benefits in accordance with applicable federal, state, and local laws. 

We are committed to providing reasonable accommodations for individuals with disabilities throughout the hiring process. If you need assistance, please contact [email protected]. 

Madrigal is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit, and business need. Applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex gender identity, sexual orientation, national origin, age, disability, protected veteran or disabled status, or other characteristic protected by applicable federal, state, or local law. 

Unsolicited resumes from agencies should not be forwarded to Madrigal. Madrigal will not be responsible for any fees arising from the use of resumes through this source. Madrigal will only pay a fee to agencies if a formal agreement between Madrigal and the agency has been established. 

Applications are being accepted on an ongoing basis and can be submitted through our Madrigal Careers site. 

Please be aware that we have received reports of individuals misrepresenting themselves as Madrigal Pharmaceuticals’ Hiring Managers, seeking to engage with job candidates through fraudulent online advertisements or job posting sites. These unauthorized individuals are using Madrigal’s name and logo in an attempt to solicit up-front fees and obtain personal information from interested job candidates. Please know that Madrigal does not conduct interviews via text or in chat rooms; conduct interviews via Skype, RingCentral or solely via telephone; charge candidates an advance fee of any kind (e.g., fees for purchasing equipment); nor does it offer positions of employment without undergoing a thorough recruiting process.  

Please also note that any correspondence with regard to employment would come from an authorized madrigalpharma.com email address or from an email address from one of our trusted search firm partners. We are aware that incorrect/fraudulent email addresses, with Madrigal misspelled, have been utilized in these most recent fraud attempts. If you receive unsolicited employment offers from people claiming to work for or on behalf of Madrigal, we recommend that you: do not respond to their questions; do not open any attachments; and do not click on any hyperlinks. Any questions regarding the legitimacy of job-related contacts can be directed to [email protected].