CFO Hub is seeking an Accounting Manager for a client in beautiful San Diego. The position is with this client and not with CFO Hub. Our client is in the biotechnology industry and is looking for a full-time, on-site accounting manager to manage their full-cycle accounting functions.

Position: Accounting Manager
Major Responsibilities & Duties:
1. Financial Analysis and Reporting:

• Analyze financial packages and variance analysis reports against budget and prior periods.
• Prepare and consolidate budgets and forecasts for each entity.
• Assist in preparing capital plans, cash flow projections, P&L forecasts, and Board presentations.

2. Financial Close, Daily Accounting Transactions and Consolidation:

• Prepare monthly and quarterly close and consolidation processes, including recording consolidating entries, expenses accrual, amortization, cost allocation, and reconciling intercompany and subsidiary transactions.
• Prepare consolidated schedules for quarterly reviews and annual audits, including certain financial statement footnotes.
• Prepare intercompany transactions on a monthly basis.
• Review and approve invoices daily.
• Perform daily transactions and payment process
• Monitor and ensure the bank balance and prepare the cash flow projection for the cash replenishment periodically.
• Assist in the annual financial audit and work closely with external auditors.

3. Payroll and Taxation:

• Perform the payroll process, generating & related journals, ensuring accuracy and compliance with relevant regulations.
• Review and file payroll-related taxes, W-2, ACA reporting, benefit, VOE, 401K, WC & Stock taxes.
• Ensure timely and accurate filing of tax returns, such as annual tax returns, 1099, property tax, sales/use tax, form 5500, etc.

4. ERP Systems and Accounting Procedures:

• Maintain the chart of accounts, departments, and project codes in the ERP system.
• Assist in accounting and financial reporting system implementation and internal
• procedure setup.
• Ensure the proper functioning and continuous improvement of the ERP systems.

5. Vendor Management and Insurance:

• Maintain vendor information and documents in the ERP system.
• Assist in reviewing contracts and renewing business insurance as needed.
• Provide credit application information to vendors.

6. Compliance and Policy:

• Ensure compliance with local, state, and federal government requirements.
• Establish and update company operation and accounting policies as needed.

7. Team Leadership:

• Supervise and mentor accounting staff, providing guidance and support in their professional development.
• Promote a positive and collaborative work environment within the finance team.
• Conduct performance evaluations and facilitate ongoing training.

8. Additional Responsibilities:

• Provide support in analyzing and reporting on clinical operation spend and related contract variances.
• Support equity financing and IPO processes, if applicable.
• Handle other related duties as necessary or assigned.

Education and Experience
- BS degree in Accounting or Finance with a minimum of 5-8 years of relevant experience.
- CPA or MBA preferred
- Experience in the pharmaceutical industry or other life science businesses is highly desired
- Previous experience in a publicly held company is advantageous.
- Experience in ERP and financial reporting system and implementation, NetSuite preferred
- Prior experience in a supervisory or managerial accounting role is required.

Knowledge, skills and abilities
- Strong understanding of accounting theory, US GAAP, and IFRS.
- Highly detail-oriented and organized, with the ability to meet assigned deadlines.
- Proficient in tax preparation and compliance.
- Excellent proficiency with Microsoft Office applications and computer skills.
- Ability to adapt to new situations and work in a fast-paced environment with a sense of
urgency.
- Strong problem-solving skills and the ability to handle stress effectively.
- Excellent written and verbal communication skills.

Language:
- English (required)