What are the responsibilities and job description for the Accounting Manager position at Boston Hire?
Booming Biotech Pharma company seeks an Accounting Manager to oversee the company in all areas of financial operations. This role reports to the Controller. You will ensure accurate financial reporting and ensure compliance with regulatory standards in a rapidly evolving sector. The ideal candidate will have strong accounting background, experience in financial reporting and analysis, familiarity with audit procedures and procurement processes, particularly within the biotech/life science fields. Need ideally 5-7 years exp and enjoy working in a start up environment. Company offers a generous salary and generous bonus as well as fantastic medical benefits. !!
Responsibilities:
Financial Reporting and Analysis:
- Oversee the preparation and presentation of monthly, quarterly, and annual financial statements, ensuring accuracy, completeness, and compliance with GAAP (Generally Accepted Accounting Principles).
- Analyze financial performance and provide detailed reports and recommendations to senior management.
- Ensure proper reconciliation of accounts, including cash, accounts payable, prepaid expenses, and accrued expenses including complex R&D accruals.
- Preparation of cash reports for senior management
- Communication and collaboration with different departments and consultants and periodic reporting to department heads.
Audit Support:
- Serve as the primary point of contact for external auditors, providing required documentation and explanations
- Support the preparation and review of audit schedules, ensuring timely responses to audit requests
- Address audit findings and work with relevant teams to implement corrective actions
Regulatory Compliance and Internal Controls:
- Ensure the company adheres to relevant financial and regulatory requirements, including preparation for SOX compliance, tax filings, and industry-specific standards.
- Design, implement and maintain a strong internal control environment to prevent errors, fraud, and inefficiencies.
- Support external audit, ensuring timely and accurate responses to audit inquiries.
Accounting Operations:
- Supervise and manage the day-to-day operations of the accounting team, including cash, accounts payable, payroll, and general ledger.
- Implement best practices in accounting processes and systems to drive efficiency and accuracy.
- Prepare and process payroll, benefits reconciliations and reports to authorities
Tax Compliance and Filings:
- Partner with the tax teams to support tax filings and compliance requirements
- Support the tax team in preparation of tax credits
- Monitor and maintain compliance with states and federal tax authorities
Cross-Functional Collaboration:
- Collaborate with cross-functional teams, including finance, operations, human resources, and R&D, to support financial planning and decision-making.
- Provide financial insights and strategic advice to executives and department heads to help guide business operations and investments.
- Partner with external finance and accounting consulting teams.
- Assist with budgeting and forecasting activities as needed
Qualifications:
- Education and Experience:
- Bachelor’s degree in accounting, Finance, or related field
- 5-7 years exp. Ideally out of Biotech or the Pharmaceutical industry.
- Need some supervisory exp!
Salary : $125,000 - $130,000