Accounting Manager
Job Description
About Vaco: Vaco provides expert consulting, permanent placement, executive search, and strategic staffing for companies around the world, in the areas of accounting, finance, operations, administration and more. As a premier talent solutions firm, Vaco connects people to their dream jobs and helps leading companies find talent to grow their business.About the Company:Publicly traded life science company focusing on cell and gene therapy
Title: Accounting Manager
Location: Sorrento Valley/Miramar - Hybrid
Salary:$130-145k (DOE) + Bonus + RSUs
Responsibilities:As a Manager, Accounting you will support the timely financial close and accurate reporting of the financial results of all entities in compliance with accounting principles generally accepted in the United States (GAAP) and the Company's Accounting Policies and Procedures. Primary areas of focus on the balance sheet include cash, prepaid expenses, fixed assets, accrued expenses, leases, debt, royalty accounting, foreign currency, and a heavy emphasis on intercompany management and consolidations.
- Leads and manages the global general ledger team against the overall corporate close and reporting calendar
- Leads, reviews, trains and mentors team responsible for G/L balance sheet account reconciliations, including cash, prepaid expenses, other current assets, fixed assets, accrued expenses, leases, debt, foreign currency, and intercompany balances
- Domain and accountability for all aspects of royalty accounting, including but not limited to: calculation of royalties incurred in relation to sales of licensed products or services and maintenance and reconciliation of accrued royalty liabilities
- Manages accrued expenses by leveraging open purchase order reports, estimates of unbilled fees for non-PO vendors, vendor trend analysis, and budget vs. actual analysis
- Administers intercompany and inter-entity eliminations to ensure proper allocation and elimination of all intercompany transactions as part of the consolidation process
- Manages and prepares monthly consolidations; collaborates with other team members in accounting with an in-depth knowledge of legal roll-up structures
- Administers monthly reporting of net income to adjusted EBITDA walks, balance sheet, P&L analytical assessment and flux analyses
- Prepares quarterly SAB99 analysis and memo for review by the Controller
- Prepares quarterly debt compliance hypothetical calculations in the context of SAB99 adjustments
- Active participant in regular recurring IT meetings, advocating for appropriate maintenance and enhancement of NetSuite as it relates to and impacts accounting responsibilities
- Manages day-to-day accounting of transactions, policies, controls, and procedures
- Ensures accurate and complete financial records and reporting, in compliance with legal requirements and US GAAP standards
- Supports periodic financial audits and relationships with external auditors
- Ensures that the requests by the internal/external auditors for the annual audit and quarter reviews are accurately and timely prepared in support of public company requirements
- Assists in the maintenance of the Accounting Policies and Procedures and delegates duties as appropriate
- Identifies, leads, and/or supports reporting improvements to systems, processes, and internal controls
- Other projects and tasks, as assigned
Qualifications/Skills:
- Bachelor's degree in Accounting or Finance
- 8 total years of relevant professional experience
- 3 year of managing accounting teams
- Proficiency in consolidated financial statements with intercompany transactions
- Proficiency with managing balances denominated in foreign currencies
- Public accounting experience
- Biotech industry experience
- Prior experience at a global/international company
- Proficiency using NetSuite with multiple consolidating entities
- CPA license
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.
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