New ABFO Open Job Posting, Sr. Director/Director Finance & Reporting, Blackthorn Therapeutics
 

Who We Are

BlackThorn Therapeutics is a neurobehavioral health company developing targeted therapeutics, informed by a deep understanding of brain and behavior relationships, to significantly improve patient outcomes. The company has pioneered a proprietary computational psychiatry platform, which leverages bioinformatics, neuroinformatics and artificial intelligence technologies, with the goal of determining a patient's distinct neuroprint to inform the proper on-target treatment option for biologically defined patient subtypes. BlackThorn Therapeutics has completed a Phase 1 trial of BTRX-335140, a selective kappa opioid receptor antagonist, and is conducting IND-enabling studies for BTRX-323511, a selective vasopressin 1a receptor antagonist. The company also has a drug discovery program directed at novel therapeutic targets for neurobehavioral disorders. 

The Position

The Senior Director, Finance & Reporting will serve as a key leader of BlackThorn Therapeutic, Inc.’s (“BTRX”) Finance function. Reporting to the VP, Controller, this highly-visible role will oversee external and internal reporting, daily operations of the finance & accounting team, financial planning & analysis, ensure the accuracy and integrity of financial data, serve as a business partner to project team leads, and assist in the design and implementation of processes, systems, and policies to maintain a robust internal control framework.

Responsibilities:

  • Own the month-end close and reporting process, including detailed reconciliation review, and ensure close process is performed in a timely and accurate manner.
  • Partner with VP, Controller to develop dashboards and enhance financial reporting, planning and analytical processes and systems, driving dramatically improved fiscal visibility and accountability with budget managers and leadership.
  • Lead the preparation of all internal reporting, external reporting, and potential SEC filings (Form S-1, 10-Q, 10-K, etc.), including managing the review and approval process of all SEC filings with external auditors, senior management, legal counsel and audit committee. Prepare timelines and meeting materials and distribute draft filings for review. 
  • Present and explain financial results in a concise and easy-to-understand manner to Executive Committee, Project Team Leads, and other senior leaders within organization.
  • Serve as project lead for new ERP implementation, from selection to implementation and integration of ERP with other core systems (Bill.com, Procurify, budgeting tool, etc.).
  • Assist VP, Controller with treasury functions, including cash reporting, investment management, and deal valuation work.
  • Assist VP, Controller in creating planning and analysis function for organization.  Partner and coordinate with department heads and program teams as their finance business partner to help drive the planning and reporting cycles to ensure alignment and consistency with company strategy.
  • Oversee compensation process including payroll and share-based compensation. Responsible for working with legal team and external stock plan administrator to record and reconcile equity activity with a goal to move outsourced processes internally in 2019.
  • Lead relationships with external audit and outsourced tax firm. Prepare key schedules and other support for annual audit and quarterly reviews.
  • Supervise two team members and partner with VP, Controller on training and development programs for finance function.
  • Become subject matter expert on drug & software development processes and share-based compensation/equity.
  • Develop documentation of internal controls over financial reporting and perform the related internal evaluation of the controls.
  • Analyze, identify and track key expense drivers in departments and programs to improve financial planning and cash flow forecasting and provide key financial insights.
  • Functional business owner for accounting, including clinical and other accruals.  Partner with VP, Controller and project team leads to manage program budgeting, forecasting, and accrual analysis.
  • Serve as secondary accounting review for vendor bills and purchase orders, ensuring accuracy and timeliness of vendor payments.
  • Develop, improve, and assist in training others on company-wide policies and procedures to ensure adherence to US GAAP and a strong internal control environment.
  • Lead the company’s XBRL reporting process.
  • Manage or serve as hands-on preparer for functional areas including, but not limited to, procurement, accounts payable, equity, clinical trial accruals, fixed assets, treasury, and tracking of software development costs.
  • Responsible for all technical accounting and disclosures, including research and preparation of technical accounting memos and coordinating with third-party consultants as needed to support conclusions.
  • Ad hoc/special projects as necessary

Who You Are

  • BA/BS degree in in a fast-paced, exciting environment accounting
  • CPA license and/or MBA preferred
  • Minimum 8 years relevant professional experience including experience in a public biotech company or Big-4 accounting firm
  • Experienced in scaling a high-growth organization through significant change (M&A, IPO)
  • Expert-level knowledge of GAAP accounting and SEC regulations
  • Biotech, software, or healthcare industry experience is highly desired
  • Expert proficiency in Excel
  • SOX 404 experience required
  • Strong interpersonal communication skills required
  • Ability and desire to work in a fast-paced, exciting environment
   
     

TO APPLY:

Interested in this opportunity?

Interested candidates please contact Julianne Averill, CPA, Vice President, Controller at
julianne.averill@blackthornrx.com

 

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