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Associate Director, Accounting

Newark, CA 94560

Posted: 07/11/2022 Employment Type: Direct Hire Job Category: Financial Job Number: 360323

Job Description

Associate Director of Accounting           

COMPANY DESCRIPTION: Our client is a clinical stage biopharmaceutical company that utilizes a proprietary technology platform to discover and develop novel peptide-based therapeutics to address significant unmet medical needs and transform existing treatment paradigms for patients. The Company currently has three clinical-stage assets.

LOCATION: Newark, CA. The team is working 3 days in the office (usually Mon, Tues & Thursday). 


Below is a DRAFT job description. Formal job description in process. 

Position Summary: 

This role will report directly to the VP, Corporate Controller and will be a key leader in the Accounting organization. This role will be directly responsible for leading the Company’s month-end and quarter-end financial close process, establishing and maintaining policies, procedures and timely financial reporting. This position will also serve as the POC for the external auditors, EY.

The candidate must be a strong leader, have experience managing teams, detailed oriented, have strong organization and communication skills, and be hands-on to be successful in this fast-paced and high growth environment. 

Essential Functions/Major Responsibilities:
  • Own and manage m/e close
  • Develop, document, implement and monitor financial accounting policies and procedures
  • Schedule and maintain month end close calendars
  • Manage, monitor, and review monthly and quarterly accounting close processes including but not limited to reviewing JEs, running allocations and consolidations, and reviewing reconciliations timely and accurately
  • Liaise and interact with international accounting team including reviewing reconciliations and ensuring compliance with US GAAP policies and procedures
  • Oversee Intercompany accounting and eliminations
  • Serve as primary contact for external auditors during audit and review related PBC schedules
  • Review the P&L for appropriate classification between R&D and G&A and maintain the integrity of Project P&L
  • Oversee and review monthly time reporting of R&D staff for project cost reporting
  • Be a liaison between Accounting and other cross-functional teams
  • Conduct ad hoc financial analysis as required
  • Manage and develop the accounting team
  • Support and assist VP, Financial Reporting with external reporting and equity accounting
  • Participate in special projects as requested by Corporate Controller and CFO

  • CPA required
  • Prior experience at a Public Biotech/Biopharma Company or equivalent
  • Strong knowledge of US GAAP
  • Strong technical accounting knowledge and proven ability to research and implement changes in accounting policy at a company
  • Excellent verbal and written communication skills
  • Proficient with data analysis, critical thinking and problem-solving
  • Knowledge and working experience with NetSuite preferred

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: $160,000-$225,000. The individual may also be eligible for discretionary bonuses. 

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