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Finance Manager (R&D Accruals)

Vaco

Vaco

Accounting & Finance
Alameda, CA, USA
Posted on Saturday, July 6, 2024

Finance Manager (R&D Accruals) POST NUMBER: 411767

Alameda, CA, US On-Site
May 21st, 2024
Finance
Vaco
$ 130000.00 - 156000.00 yearly
direct hire
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Finance Manager – R&D Accruals


COMPANY DESCRIPTION:
Our client, a Biotechnology Research company located in San Francisco Bay Area is seeking a well-qualified Finance Manager to support their growing team.

LOCATION:
The Company is located in Alameda, California.

REMOTE/HYBRID/ON-SITE: On-site. They are five days a week in the office.

SUMMARY OF POSITION:
The R&D Finance Manager (Accruals) is primarily responsible for the R&D CMC accounting close process. This position will partner extensively with CMC, Accounting, FP&A and other internal business partners to ensure a thorough understanding of our various R&D programs and lead the accurate and timely completion of the R&D CMC accrual during the accounting close. The ideal candidate will enjoy working in a fast-paced collaborative environment, have strong analytical and accounting skills, be results-oriented, pay strong attention to detail, and is highly motivated to deliver excellence in their work.

JOB RESPONSIBILITIES:

  • Review and analyze R&D CMC contracts/SOWs/work orders to determine the appropriate accounting treatment

  • Liaison between the CMC team and Accounting team regarding the monthly R&D CMC accrual; guide the proper accounting treatment of R&D CMC related transactions

  • Manage and prepare the monthly R&D CMC accrual to ensure accurate and timely recording of expenses, prepayments and deposits

  • Ensure monthly R&D CMC accrual schedule is complete and ready for manager review

  • Review and/or prepare journal entries and related supporting work papers; ensure the work product complies with SOX requirements

  • Collaborate with FP&A forecast analyst to ensure R&D CMC forecast properly captures planned accruals

  • Work closely with accounting on month-end and quarter-end deliverables, including but not limit to reporting, reconciliations, etc.

  • Responsible for monthly R&D CMC accrual flux analysis

  • Support quarterly and annual audits

  • Ensure compliance with Company policies and the application of Generally Accepted Accounting Principles (US GAAP)

  • Assist in process improvements and system implementations as needed

  • Support ad hoc projects as needed


JOB REQUIREMENTS:
Education:

  • BS/BA degree in related discipline and seven years of related experience; or,

  • MS/MA degree in related discipline and five years of related experience; or,

  • Equivalent combination of education and experience


Experience:

  • A minimum of one year of Public Biotech/Pharmaceutical experience is preferred

  • A minimum of one or more years of experience working at a publicly traded company

  • Progressive accounting experience required

  • ERP systems experience required


Knowledge/Skills/Abilities:

  • Must have strong analytical, strategic, problem solving and organizational skills

  • Strong communication (verbal and written) and presentation skills

  • Ability to build strong cross-functional relationships within an organization

  • Ability to meet tight deadlines

  • Team player with the ability to work independently, proactively, and effectively under pressure

  • Broad business acumen and sound business judgment

  • Advanced knowledge of Excel & intermediate knowledge of PowerPoint

  • Experience with financial systems – Hyperion Planning/Essbase and SAP – is preferred


OPPORTUNITY FOR GROWTH:
Yes! The Company encourages its employees to move around the business. There are multiple examples of employees at the Company being promoted multiple times.

BENEFITS AND PERKS:

  • Medical

  • Dental

  • Vision

  • Health Savings Accounts

  • Domestic Partner Coverage


COMPENSATION:
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure: $149K Bonus. The individual may also be eligible for discretionary bonuses.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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