Associate Director, Accounting - Bolt Biotherapeutics
Redwood City, CA
About the Job
Who We Are
Bolt Biotherapeutics, based in the San Francisco Bay Area, is a clinical-stage biotechnology company developing Boltbody™ Immune-stimulating Antibody Conjugates (ISACs), a new class of immuno-oncology therapeutics. This is a unique opportunity to join and build, with like-minded colleagues, a company that will transform the lives of individuals with cancer.
Reporting to the Corporate Controller, this energetic self-starter will serve as the operational accounting lead for the Company. The successful candidate will manage a variety of monthly and quarterly close tasks, enhance the current close process to support a public company, as well as ad hoc projects. This role will be very hands on.
The Associate Director, Accounting must at all times act and conduct company business in an honest, ethical and strictly legal manner, complying with company policies and all applicable laws and regulations.
Responsibilities
· Responsible for financial results by managing the monthly and quarterly financial close processes, including review of key areas of judgment, and general ledger account reconciliations to ensure the accurate and timely preparation of the Company’s financial statements
· Lead the revenue recognition process around the Company’s licensing and commercialization agreement (LCA) with our partners. Collaborate cross-functionally to understand the program’s assumptions and potential impact to the revenue recognition models
· Manage all accruals processes including PO accruals by working cross functionally
· Prepare the monthly and quarterly financial statement flux analysis (Balance Sheet and Income Statement) and other financial analyses
· Prepare the analysis of the monthly and quarterly department spending to ensure correct GL account and department coding as well as for accrual purposes,
· Lead the documentation, implementation, and maintenance of corporate accounting policies and procedures
· Lead the Company’s internal financial control compliance (SOX 404(a)), work with our consultants to strengthen internal controls and ensure the control environment is operating effectively
· Identify and implement process/system improvements to continue building the efficiency and effectiveness of the accounting function
· Build cross-company relationships with key business partners around various accounting processes
· Support a high performing accounting team of direct and indirect reports, ensuring all team members remain motivated, challenged through learning opportunities and guided in their professional development
· Lead the external auditor request responses
· Collaborates well with the extended finance team to ensure adherence to a timely close and reporting process, timely responses to internal/external audit requests and overall execution of team objectives
· Support and review annual proxy supporting schedules and other SEC filings ensuring the accuracy of applicable financial information
· Participate in financial systems implementation
· Develop, implement, and maintain detailed accrual processes to ensure accurate reflection of clinical and non-clinical study-related costs in financial statements.
· Involvement in special projects and other tasks as requested
Qualifications
· A positive, self-confident and strong work ethic with excellent communication skills in both oral and written formats, as well as excellent listening skills
· A proactive approach to attacking problems and identifying solutions, displaying initiative and perseverance in order to bring about meaningful change; open and responsive to new ideas
· Ability to be flexible and continuously drive processes, deliverables, and timelines in a dynamic, fast-paced environment
· Self-motivated and self-managed - able to think independently and creatively
· Get-it-done mindset - you're able to handle stress well
· Ability to work independently and within a team environment
· Prior employment at a public biotech/pharma company required; experience with accounting at an early-stage company preferred
· Ability to work onsite 1 day per week required; subject to change based on the business needs
· Computer skills: Microsoft Office (Advanced Excel, PowerPoint, Word)
· Teamwork and collaboration; balances team and individual responsibilities; gives and welcomes feedback; puts success of team above own interests; supports everyone's efforts to succeed; shares expertise with others
· Ability to manage multiple projects and meet deadlines in fast fast-paced dynamic environment
· Bachelor’s degree in accounting and an active CPA license required
· 10+ years of related accounting experience required; 3-5 years Big 4 auditing experience required
$170,000 - $200,000 a year
This salary range is an estimate, and the actual salary may vary based on the Company’s compensation practices.
We are an Equal Opportunity Employer offering a competitive salary and benefits package. Applicants should be legally entitled to work for any employer in the US.
Bolt Biotherapeutics requires all U.S. new hires to be fully vaccinated for COVID-19 prior to the first date of employment. As required by applicable law, Bolt will consider requests for Reasonable Accommodations.
Note to Employment Agencies: Please do not forward any agency resumes. The company will not be responsible for any fees related to resumes that are unsolicited.
Bolt Biotherapeutics, based in the San Francisco Bay Area, is a clinical-stage biotechnology company developing Boltbody™ Immune-stimulating Antibody Conjugates (ISACs), a new class of immuno-oncology therapeutics. This is a unique opportunity to join and build, with like-minded colleagues, a company that will transform the lives of individuals with cancer.
Reporting to the Corporate Controller, this energetic self-starter will serve as the operational accounting lead for the Company. The successful candidate will manage a variety of monthly and quarterly close tasks, enhance the current close process to support a public company, as well as ad hoc projects. This role will be very hands on.
The Associate Director, Accounting must at all times act and conduct company business in an honest, ethical and strictly legal manner, complying with company policies and all applicable laws and regulations.
Responsibilities
· Responsible for financial results by managing the monthly and quarterly financial close processes, including review of key areas of judgment, and general ledger account reconciliations to ensure the accurate and timely preparation of the Company’s financial statements
· Lead the revenue recognition process around the Company’s licensing and commercialization agreement (LCA) with our partners. Collaborate cross-functionally to understand the program’s assumptions and potential impact to the revenue recognition models
· Manage all accruals processes including PO accruals by working cross functionally
· Prepare the monthly and quarterly financial statement flux analysis (Balance Sheet and Income Statement) and other financial analyses
· Prepare the analysis of the monthly and quarterly department spending to ensure correct GL account and department coding as well as for accrual purposes,
· Lead the documentation, implementation, and maintenance of corporate accounting policies and procedures
· Lead the Company’s internal financial control compliance (SOX 404(a)), work with our consultants to strengthen internal controls and ensure the control environment is operating effectively
· Identify and implement process/system improvements to continue building the efficiency and effectiveness of the accounting function
· Build cross-company relationships with key business partners around various accounting processes
· Support a high performing accounting team of direct and indirect reports, ensuring all team members remain motivated, challenged through learning opportunities and guided in their professional development
· Lead the external auditor request responses
· Collaborates well with the extended finance team to ensure adherence to a timely close and reporting process, timely responses to internal/external audit requests and overall execution of team objectives
· Support and review annual proxy supporting schedules and other SEC filings ensuring the accuracy of applicable financial information
· Participate in financial systems implementation
· Develop, implement, and maintain detailed accrual processes to ensure accurate reflection of clinical and non-clinical study-related costs in financial statements.
· Involvement in special projects and other tasks as requested
Qualifications
· A positive, self-confident and strong work ethic with excellent communication skills in both oral and written formats, as well as excellent listening skills
· A proactive approach to attacking problems and identifying solutions, displaying initiative and perseverance in order to bring about meaningful change; open and responsive to new ideas
· Ability to be flexible and continuously drive processes, deliverables, and timelines in a dynamic, fast-paced environment
· Self-motivated and self-managed - able to think independently and creatively
· Get-it-done mindset - you're able to handle stress well
· Ability to work independently and within a team environment
· Prior employment at a public biotech/pharma company required; experience with accounting at an early-stage company preferred
· Ability to work onsite 1 day per week required; subject to change based on the business needs
· Computer skills: Microsoft Office (Advanced Excel, PowerPoint, Word)
· Teamwork and collaboration; balances team and individual responsibilities; gives and welcomes feedback; puts success of team above own interests; supports everyone's efforts to succeed; shares expertise with others
· Ability to manage multiple projects and meet deadlines in fast fast-paced dynamic environment
· Bachelor’s degree in accounting and an active CPA license required
· 10+ years of related accounting experience required; 3-5 years Big 4 auditing experience required
$170,000 - $200,000 a year
This salary range is an estimate, and the actual salary may vary based on the Company’s compensation practices.
We are an Equal Opportunity Employer offering a competitive salary and benefits package. Applicants should be legally entitled to work for any employer in the US.
Bolt Biotherapeutics requires all U.S. new hires to be fully vaccinated for COVID-19 prior to the first date of employment. As required by applicable law, Bolt will consider requests for Reasonable Accommodations.
Note to Employment Agencies: Please do not forward any agency resumes. The company will not be responsible for any fees related to resumes that are unsolicited.
Source : Bolt Biotherapeutics