Associate Director / Director, Accounting and SEC Reporting
Scorpion Therapeutics, New York, NY, United States
Primary Responsibilities
- Execute and oversee the SEC reporting and accounting close processes (monthly/quarterly/annual), including preparing and reviewing journal entries and balance sheet reconciliations, as well as preparing full quarterly (Form 10-Q) and annual (Form 10-K) financial statements and notes to be filed with the SEC in an accurate and timely manner in accordance with US GAAP
- Ensure the consistent application, testing and documentation of internal controls in accordance with Sarbanes-Oxley requirements and in compliance with established policies and procedures
- Lead and mentor two direct reports including the Accounts Payable Manager and the Senior Accountant
- Ensure accurate expense recognition for accounting close, including R&D and clinical trial accruals, as well as stock-based compensation
- Review purchase orders and invoices in the intake-to-pay system in close coordination with the Procurement and Accounts Payable functions and T&E reports in the expense reporting system for accuracy, validity and compliance with established policies and procedures
- Manage accounts payable operations and activities, as well as the cash management and treasury functions including accounting for the Company’s investments in US Treasury securities
- Effect other SEC filings as needed (Form 8-K, Form DEF 14A, Registration Statement on Form S-8, etc.)
- Prepare and file local quarterly and annual tax returns including New York Sales and Use Tax and New York City Commercial Rent Tax
- Partner with and serve as the main contact for external auditors regarding quarterly reviews and annual audits
- Work closely with the Company’s Payroll and Equity Administration, Human Resource, and Legal functions to maintain accurate payroll and equity records
- Coordinate with internal stakeholders regarding costs and activities incurred on various contracts; prepare ad hoc analyses as requested
- Manage the Accounting department budgeting process and coordinate with FP&A as needed on the company-wide budget to actual process
- Maintain working relationships across the Company’s R&D and G&A teams
- Seek out opportunities for continuous improvement in the Accounting function, including the application of new software and Artificial Intelligence
- Other duties as assigned
Required Skills and Qualifications
- Bachelor’s degreein Accountingor related field;CPApreferred
- 10+ years of progressive accounting experience in the biotechnology industry (8+ years with a Graduate degree)
- Public accounting experience at a Big 4 firm preferred
- Robust understanding of and experience with:
- (i) SEC reporting including financial statement preparation and disclosures, Sarbanes-Oxley internal controls compliance, and monthly/quarterly/annual accounting close processes
- (ii) US GAAP including accrual-based accounting and accounting for stock-based compensation (preferably at a public biotech company)
- (iii) ERP and intake-to-pay systems (preferably NetSuite and Zip)
- Advanced Excel skills (modeling, pivot tables, VLOOKUPs)
- Prior experience mentoring and leading teams
- Proven ability to work independently while influencing others
- Experience operating in an ever-changing environment