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COMPANY DESCRIPTION:
Our client is on a Mission to Help Cancer Patients Recover Stronger and Live Longer.The company is a commercially successful, oncology-focused biotechnology company that strives to accelerate the discovery, development and commercialization of new medicines for difficult-to-treat cancers. Following early work in model system genetics, they established a broad drug discovery and development platform that has served as the foundation for their continued efforts to bring new cancer therapies to patients in need. Supported by revenues from their marketed products and collaborations, they are committed to prudently reinvesting in their business to maximize the potential of their pipeline. They are supplementing their existing therapeutic assets with targeted business development activities and internal drug discovery.
LOCATION:Alameda, CA. Hybrid.
SUMMARY OF THE POSITION:
This position will have dual responsible for providing managerial level accounting support for the Company's transactions related to cost and inventory accounting, as well as provide managerial level accounting support for the Company's in-licensing collaboration agreements. This person will interface daily with Manufacturing, Supply Chain, Alliance Management and the G/L and technical accounting teams to ensure complete and accurate financial reporting.
JOB DESCRIPTION:
What you'll do:
*Actively participate in the monthly, quarterly, and year-end close process, which includes review or preparation of journal entries, review of balance sheet reconciliations and analysis of balance sheet and income statement, specifically focused on inventory, COGS and in-licensing collaboration accounts.
*Perform cost accounting activities including developing and analyzing standard costs, excess & obsolete reserves, scrap analysis, inventory variance reviews and analysis and reporting of inventory and COGS.
*Assist with the design, configuration, testing and maintenance of Inventory Absorption accounting in SAP.
*Reviewing or performing in-licensing collaboration accounting activities.
*Review and analysis of the reconciled general ledger accounts on a monthly basis including book to perpetual inventory, inventory reserves and in-licensing collaboration accruals.
*Perform balance sheet and income statement flux analysis with detailed commentary for management reporting.
*Collaborate with supply chain and other cross-functional departments to ensure completeness and accuracy of COGS, operating expenses and inventory balances.
*Drive process improvements in the accounting and reporting of inventory, COGS and in-licensing collaborations.
*Manage external audit requests and PBC items for the quarterly and year-end audits.
*Participate in the annual site visits to conduct physical inventory counts.
*Provide support for SOX related activities.
*Manage and/or assist with other projects as required.
JOB REQUIREMENTS:
*BS/BA degree in related discipline and eight years related experience; or,
*MS/MA degree in related discipline and six years related experience; or,
*Equivalent combination of education and experience.
*CPA preferred.
*Experience in Auditing/Accounting and Cost Accounting.
*Big 4 experience is a plus.
*General knowledge of accounting/finance principles and theory.
*SAP software proficiency highly preferred.
*Proficient in Microsoft Office suite applications.
*Strong analytical and business communication skills.
*Strong attention to details and ability to work on multiple projects under tight deadlines.
*Ability to interact cooperatively and work as a team.
*Demonstrated success in problem solving.
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: $145,000-$185,000. 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.
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 .
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.
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 .
- Virginia residents may access our state specific policies .
- Residents of all other states may access our policies .
- Canadian residents may access our policies in English and in French .
- Residents of countries governed by GDPR may access our policies .
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.