Associate Director, Accounting

The role

The Associate Director, Accounting will lead accounting operations, financial reporting, and the internal control environment. This person will build the accounting function, including the close process, policies, systems, and controls.

What you will do

• Lead monthly, quarterly and annual close and U.S. GAAP financial reporting.
• Oversee general ledger accounting, journal entries, account reconciliations, flux analyses and supporting schedules.
• Own key accounting areas including revenue recognition, R&D and CRO/CMO accruals, prepaids, fixed assets, leases, equity, stock-based compensation, and debt.
• Account for pharma collaboration and licensing agreements and grant and foundation funding.
• Oversee day-to-day accounting operations including accounts payable, payroll accounting, expense management and cash.
• Build and lead the company's audit-readiness program.
• Design, document and maintain an internal control environment.
• Prepare internal financial statements and accounting inputs for leadership, Board, investor and lender reporting.
• Continue the accounting design of NetSuite OneWorld and optimize workflows.
• Manage the company's insurance program, treasury, cash operations, and outsourced service providers.

Required qualifications

• Bachelor's degree in accounting or finance
• CPA
• 8+ years of progressive accounting experience, including Big 4 or national firm public accounting
• Hands-on ownership of the monthly, quarterly and annual close and of GAAP financial statements
• Prior management experience leading accounting staff and external providers
• Strong knowledge of U.S. GAAP and internal controls
• Experience leading external audits
• NetSuite experience
• A builder's mindset
• Clear communication and business partnering skills
• A high degree of integrity
• Strong attention to detail

Nice to have

• Biotechnology, pharmaceutical or life sciences experience
• Experience in a venture-backed or growth-stage company
• OneWorld implementation experience
• Multi-entity accounting, intercompany and consolidation experience
• Public company, SOX or IPO-readiness experience
• Experience in the Flagship Pioneering ecosystem or a similar venture-creation model
• Experience with collaboration and licensing arrangements

Benefits

• Healthcare coverage
• Annual incentive program
• Retirement benefits
• A broad range of other benefits

About the company

ProFound Therapeutics is a biotechnology company discovering novel proteins across the expanded human proteome to unlock first-in-class medicines and transformative drug targets. Founded by Flagship Pioneering, ProFound works with pharmaceutical partners including Novartis, Pfizer and GSK.