Sr. Accounting Manager - ORCHESTRA BIOMED, INC.

About Orchestra BioMed

Orchestra BioMed is a biomedical innovation company accelerating high-impact technologies to patients through risk-reward-sharing partnerships with leading medical device companies. Orchestra BioMed’s vision is to accelerate medical innovation to patients through risk-reward-sharing partnerships with leading medical device companies. Orchestra BioMed’s partnership-enabled business model focuses on forging strategic collaborations with leading medical device companies to drive successful global commercialization of products it develops. Orchestra BioMed is led by a highly accomplished, multidisciplinary management team and a board of directors with extensive experience in all phases of therapeutic device development. Orchestra’s business was formed in 2018 by assembling a pipeline of multiple late-stage clinical product candidates originally developed by its founding team. Its flagship product candidates are BackBeat CNT for the treatment of hypertension, the leading risk factor for death worldwide, and Virtue SAB for the treatment of atherosclerotic artery disease, the leading cause of mortality worldwide. Orchestra BioMed has a strategic collaboration with Medtronic for the development and global commercialization of BackBeat CNT for the treatment of hypertensive patients indicated for a pacemaker and strategic partnership with Terumo for the development and global commercialization of Virtue SAB for the treatment of coronary and peripheral artery disease.

Job Summary

The Sr. Manager is a “hands-On” team member who will be reporting to the VP, Finance and Corporate Controller.  This person will ensure that period-end close procedures are complete and accurate, that Orchestra BioMed is compliant with SOX 404a, and follows SEC regulations. The Sr. Manager is a people manager and is responsible for reviewing account reconciliations, accounting memos, journal entries, and making recommendations for process improvements.  They will also participate in financial audits, supporting tax matters, coordinate complex accounting projects, and prepare certain financial reports.

This is a hybrid position with the expectation of an average of three days per week in our New Hope, PA office.

Role and Responsibilities – Including but not limited to:

• Assists VP, Finance and Corporate Controller with period-end close procedures and monthly accounting operations.
• Reviews accounts reconciliation, as required, on a monthly, quarterly or annual basis.
• Provide oversight and ensure an effective internal control environment in support of SOX 404a
• Prepare/review certain audit deliverables to ensure timeliness and accuracy
• Identifying process inefficiencies, recommending efficient process alternatives, and facilitating the implementation of the improvements
• Coordinate non-routine accounting projects and initiatives with members of the Finance/Accounting team or with other departments in the company
• Research and document new SEC rules and regulations, SEC and accounting pronouncements and internal technical issues and assist in implementation of solutions
• Provide oversight for Accounts Receivable and Accounts Payable
• Perform advanced accounting functions within accounting software.
• Build and present reports to management on a quarterly, monthly and annual basis (or as required)
• Other responsibilities may be assigned based on business needs and employee’s skillset.

Qualifications – Knowledge & Skills:

• BS/BA, Accounting or Finance
• Certified Public Accounting required.
• Experience working for a public accounting firm preferred.
• Experience working for a Biotechnology, Biopharmaceutical or Pharmaceutical company preferred.
• 7+ years’ experience of accounting experience (combination of audit, consulting and/or industry experience with a publicly traded company)
• Experience with SOX/internal control environment and demonstrated ability to implement and maintain financial controls and accounting procedures.
• Strong understanding of Accrual Basis Accounting and GAAP
• Excellent skills in Microsoft Suite (Word, Outlook, Excel, PowerPoint)
• Strong organizational, problem-solving and analytical skills; able to manage priorities and workflow with a high degree of detail.
• Ability to plan, prioritize, and organize effectively while working independently and as manager and team member.
• Strong interpersonal skills, including written and verbal communications, willingness to assist in areas outside of direct assignments when necessary.

A current US work authorization is required. The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.  All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.  The level of this position will be based on the final candidate’s qualifications.

Why Join Orchestra BioMed

In addition to an interesting, inclusive, and collaborative work environment, Orchestra BioMed is proud to offer a comprehensive compensation package.  Along with a competitive salary, including annual bonus and equity eligibility, health insurance (for employee and family), prescription drug coverage, 401(k), paid holidays, PTO & sick time, Life & AD&D insurance, disability insurance, dental, vision, pet insurance and more.

Our Vision

To be a leader in bringing high impact medical innovations to life through risk-reward sharing partnerships.

 Our Mission

We will work passionately to apply our collaboration-based business model to bring high-impact medical innovations to live and create extraordinary value for patients, care providers, partners and stakeholders.

 Our Values

We care about patients, physicians, partners, and each other 

We are creative, open-minded, adaptable and think “outside the box”

We are driven to always do our best and we do not give up

We deliver and are accountable to promised results

EQUAL OPPORTUNITY EMPLOYER Orchestra BioMed is committed to non-discrimination with respect to race, creed, color, religion, age, disability, sex, sexual orientation, gender identity and expression, marital status, national origin, political opinions or affiliations, genetic information, and veteran status in all aspects of employment including recruitment, hiring, promotions, transfers, discipline, terminations, wage and salary administration, benefits, and training.

Important notice to employment businesses/agencies

Orchestra BioMed does not accept referrals from employment agencies unless written authorization from the Orchestra BioMed Human Resources department has been provided. In the absence of written authorization, any actions undertaken by employment agencies shall be deemed to have been performed without our consent and therefore Orchestra BioMed will not be liable for any fees arising from employment agency referrals in respect to current or future position vacancies at Orchestra BioMed.