Sr. Accountant

When was the last time you achieved the impossible? If that thought feels overwhelming, you might want to pause here, but if it sparks excitement...read on
 
In 2015, we pioneered a “moneyball for biotech” approach, pooling projects and promising early-stage research from academia together under one financial umbrella to reduce risk and unleash innovation. This model allows science and small teams of experts to lead the way. We build bridges to groundbreaking advancements in rare disease, and develop life-changing medicines for patients with unmet needs as fast as humanly possible. 
 
Together we define white space, push boundaries and empower people to solve problems. If you're someone who defies convention, join us and work alongside some of the most respected minds in the industry. Together, we'll ask "why not?" and help reengineer the future of biopharma.

The Sr. Accountant is an integral part of a growing accounting team and oversees general ledger accounting close process (e.g., fixed assets, leases, G&A accruals, among others). This position is an individual contributor and currently reports to the Associate Director of Accounting. This position requires interaction with various business units and third-party contacts. A successful candidate is someone who enjoys working in a fast-pace and rapidly growing environment, pro-active, highly organized, results-oriented, analytical, strong attention to details, excellent communication skills, and highly motivated to always deliver excellence in his or her work.

• Manage monthly closing of assigned general ledger (GL) accounts with emphases on, but not limited to, long-debt, royalty obligation, embedded derivative liability, software capitalization (ASC 350-40), and G&A prepayments and accruals, lease accounting (ASC 842) and fixed assets
• Prepare monthly accounting close workpapers and analyses for the assigned GL accounts to ensure accurate and timely recognition of expenses, prepayments and deposits, and accrual accounts
• Review contracts for new POs to ensure proper accounting for expenses, prepaids, and accruals
• Prepare journal entries and related supporting workpapers adhering to the quality and compliance requirements
• Prepare general ledger account reconciliations for assigned accounts
• Prepare rollforward schedules and tie-out schedules for assigned 10Q/10K footnote disclosures, and other ad hoc requested schedules/analyses
• Prepare fluctuation analyses on assigned GL accounts
• Update amortization schedule for royalty obligations
• Update lease amortization schedules, as needed
• Discuss and liaise with key contacts in other business units to manage prepayment and accrual processes, including organizing meetings and resolving outstanding items
• Prepare audit and tax requested PBC schedules, confirmations and address follow up items
• Compliance with SOX requirements—ensure control procedures are executed and workpaper documentations are SOX compliant; prepare all required data and analysis to support external audit, internal control and SOX testing requests, among others
• Collaborate, liaise and assist other accounting team members, as needed
• Process improvements using AI tools

This is a hybrid role and requires in-office collaboration 1- 2x per week in our San Francisco Office. 

• Degree in accounting. CPA preferred
• 7+ years of relevant experience in a publicly traded company (combination of Big 4 or similar in SEC clients and industry experience) – strongly preferred
• Biotech experience a plus
• Experience with ERP systems (e.g., SAP, Oracle, Coupa)
• Proficient in Microsoft Office such as Word, Excel, and PowerPoint
• Proficient in AI tools such as ChatGPT, Microsoft Copilot, Google Gemini

AI Requirements:

Foundational Knowledge: Understanding of AI concepts, including machine learning, natural language processing, and data-driven decision-making

Applied Skills: Demonstrated experience using AI tools and platforms (e.g., generative AI, predictive analytics, automation solutions) to solve business problems or improve workflows. 

Problem-Solving with AI: Ability to identify opportunities where AI can add value, evaluate potential risks or limitations, and implement solutions effectively. 

Behavioral Characteristics: 

• Strong work ethic including sound judgement, outstanding interpersonal skills and ability to work independently
• Able to work with high volume of transactions in a fast-paced environment
• Results and detailed-oriented mindset with an opportunistic eye towards process improvements
• Strong ability to prioritize and organize work effectively
• Must be able to collaborate and communicate (oral and written) effectively
• High sense of urgency and ability to identify creative solutions to advanced, time sensitive problems by balancing achievement of process objectives with practical considerations
• High degree of organizational agility, able to handle sensitive issues with prudent discretion across all levels of the organization
• Commitment to delivering quality results and overcoming obstacles and challenges in a time-sensitive environment
• Excellent project management. Ability to juggle and prioritize multiple work streams while remaining calm and effective under pressure 

We have high expectations for our team members. We make sure those working hard for patients are rewarded and cared for in return. 

Financial Benefits:

• Market leading compensation 
• 401K with 100% employer match on first 3% & 50% on the next 2%
• Employee stock purchase program
• Pre-tax commuter benefits
• Referral program with $2,500 award for hired referrals

Health & Wellbeing:

• Comprehensive health care with 100% premiums covered - no cost to you and dependents
• Mental health support via Spring Health (6 therapy sessions & 6 coaching sessions)
• Hybrid work model - employees have the autonomy in where and how they do their work 
• Unlimited flexible paid time off - take the time that you need
• Paid parental leave - 4 months for birthing parents & 2 months for non-birthing parents
• Flex spending accounts & company-provided group term life & disability 
• Subsidized lunch via Forkable on days worked from our office

Skill Development & Career Paths:

• People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility
• We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, Spring Health & BetterUp Coaching
• We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities