What are the responsibilities and job description for the Senior Accountant position at Verrica Pharmaceuticals?
Job description
At Verrica Pharmaceuticals Inc. (“Verrica”) we are passionate about finding solutions to unmet needs in medical Dermatology and are developing innovative therapies for common skin diseases. With a recent FDA approval of YCANTH, the first and only treatment for Molluscum Contagiosum and a robust pipeline of indications, our team is poised to make a difference in Dermatology. If you love having scientific dialogue and want an environment that uses your unique skills and abilities in a fast-paced, small-pharma environment, we’re the team for you.
POSITION SUMMARY
The Senior Accountant will manage a set of accounting activities to ensure compliance with generally accepted accounting principles, corporate policies, Sarbanes-Oxley and external audits. This person will manage the monthly closing of accounts and preparation of reports in support of the publicly filed financial statements.
The Senior Accountant will report to and work closely with the Assistant Controller and others in the organization in analysis and reconciliation of accounts and in development, implementation and execution of accounting policies, procedures and controls.
The ideal candidate possesses leadership capabilities, solid operational and technical accounting background and works proactively to drive results. This person is a self-starter, flexible, has a high level of integrity and is action- and goal-oriented in a fast-paced, team-oriented, collaborative environment.
RESPONSIBILITIES
- Manage parts of the monthly, quarterly and annual financial close process, including ensuring all costs incurred are properly recorded, prepare journal entries, account balance reconciliations and prepare and analyze financial statements and reports.
- Assist in the preparation and filing of SEC financial statements, registrations and other compliance filings ensuring financial statements are in compliance with SEC, XBRL, GAAP and other regulatory requirements.
- Participate in the ongoing development/establishment of accounting policies and procedures and operational strategies including the review and implementation of process and system changes.
- Ensure all equity activity is input in software system including the fair value calculation of stock option expense and quarterly disclosure reporting.
- Assist with the support of operational and business systems necessary to manage a commercial pharmaceutical company including Enterprise Resource Planning (ERP)
- Continued focus on improving system efficiencies and business practices.
- Ensure compliance with internal control policies in a SOX environment, including implementing procedures for compliance with 404B and transition to 404A requirements.
- Collaborate with external auditors to ensure successful audit results and compliance.
- Interacts at all levels and with budget owners and FP&A department to produce timely, efficient and accurate month-end close and all internal management and financial reporting through annual report to support budgeting and forecasting processes.
- Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements.
- Analyze the effect of statutory accounting practices and studies regulations and guidance to ensure correct application of Generally Accepted Accounting Principles.
- Make recommendations for changes as needed and ensure that company policies and procedures are followed and establish the proper techniques to discover and prevent fraud.
- Assist with compilation of information for preparation of tax returns.
RESPONSIBILITIES
- Accounting degree required - CPA or MBA, credential preferred.
- Around 5 years of progressive finance/accounting experience required.
- Previous experience with a public Company and pharma/biotech industry preferred.
- Strong communication skills to work with all levels of management within the Company.
- Strong working knowledge of accounting, controlling and finance operations.
- Working knowledge of NetSuite and Certent, a plus
- Excellent command of Microsoft programs.
- Excellent written and verbal communication skills.
- Excellent time management skills and superior analysis skills.
- Enthusiasm for solving problems and working collaboratively.