New ABFO Open Job Posting - Controller - Satsuma Pharmaceuticals

About Satsuma Pharmaceuticals

Satsuma Pharmaceuticals is a late-stage biopharmaceutical company focused on developing STS101 as an important and differentiated therapeutic option for the acute treatment of migraine.  STS101 is a novel and proprietary investigational drug-device combination product specifically designed to enable intranasal administration of the anti-migraine drug, dihydroergotamine (DHE), with a pharmacokinetic profile optimized to provide consistent and robust clinical efficacy.  In developing STS101, Satsuma has applied proprietary nasal drug delivery, dry-powder formulation, and engineered drug particle technologies to create a compact, simple-to-use, non-injectable DHE product that can be rapidly self-administered in a matter of seconds.  The Company believes STS101 will potentially be an attractive migraine treatment option for many patients and may enable a larger number of people with migraine to realize the long-recognized therapeutic benefits of DHE therapy.  STS101 has undergone extensive pre-clinical optimization, recently completed a Phase 1 clinical trial, and is currently in Phase 3 development.

Satsuma is headquartered in South San Francisco, California with operations in both California and Research Triangle Park, North Carolina.  For further information, please visit

The Role

Reporting to the Chief Financial Officer and located in South San Francisco, CA. ​This position is a hands-on leadership role that will be responsible for the accounting function for the company, including oversight of the financial close process, external financial reporting, accounts payable, payroll, stock plan administration, Sarbanes-Oxley compliance, tax, accounting systems and direct management of audit engagements, amongst other responsibilities.

Specific areas of responsibility will include, but are not limited to:

  • Developing, managing, and mentoring members of the accounting team
  • Oversee the preparation and review of GAAP financial statements for internal and external reporting
  • Potentially, oversee SEC filings including quarterly 10Q’s, annual 10K’s, proxies and other SEC forms as periodically filed
  • Management of the monthly/quarterly accounting close process
  • Ensuring integrity and accuracy of the G/L, including review of journal entries
  • Ensuring all necessary accruals, adjustments and reserves are made each period
  • Assist with quarterly/annual budgeting and planning process, as well as long-range financial planning, budget vs. actual variance analysis
  • Partner with key stakeholders to enhance efficiency and productivity of department based financial reporting and budget vs. actual variances
  • Improve on tools utilized by management to run business; recommend and implement corrective actions
  • Provide technical accounting support and research for advanced GAAP or SEC topics (may involve the oversight of external resources as well)
  • Develop and manage clinical trial and CMC accounting processes
  • Serve as primary coordinator for auditor engagements
  • Assist in preparing audit committee and board materials; present at meetings as requested
  • Provide oversight and management of stock plan administration and accounting
  • Oversight of payroll function and partnering with HR to manage employee benefits, currently supported by TriNet
  • Serve as primary lead for on-going Sarbanes-Oxley 404 compliance
  • Interface with external tax advisor on relevant tax matters
  • Oversee implementation of accounting and other finance systems
  • Participate in or manage special projects from time to time
  • Other accounting and finance duties as required

Required Education, Skills and Experience:

  • Bachelor’s degree in accounting, finance or business administration
  • CPA
  • 12+ years of experience in accounting operations and financial reporting; 5+ years of experience managing accounting operations or financial reporting; 2+ years as a Sr. Accounting Manager, Assistant Controller or Controller
  • Prior experience working in a clinical stage life science company
  • Demonstrable experience managing the monthly/quarterly accounting close process at a public company
  • Strong experience supporting and leading annual financial audits and quarterly reviews
  • Previous experience managing Sarbanes-Oxley compliance
  • Proven history and experience successfully managing others including clear demonstration of strong leadership, team building and employee development skills
  • Strong communication/writing skills and history of effectively interfacing with all levels of management
  • Must be a kind, respectful, fair, trustworthy, dependable leader

Preferred Skills and Experience:

  • Prior experience with a commercial launch in a life sciences company
  • Prior experience in the areas of revenue recognition and cost accounting for manufacturing
  • Previous Big 4 audit experience


Interested in this opportunity?

Interested candidates, please contact Tom O’Neil, Chief Financial Officer at

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