This job is located in San Diego

ORIC Pharmaceuticals is a dynamic, fast-paced, start-up bio-pharmaceutical research and development company specializing in developing drug therapies to overcome resistance mechanisms in cancer.  

Position Summary

Oversee the entire internal and external accounting function and overall day-to-day management of accounting and controls of this dynamic, high-growth company.  Ensure the accounting department serves the accounting needs of strategic partners, investors, the overall company and the various operating groups within the organization.  Also ensure that the monthly, quarterly and annual financial, regulatory and management reporting is completed on a timely basis and in accordance with GAAP.   The Corporate Controller responsibilities include accounting operations, taxation, purchasing, treasury, internal controls (including SOX 404), audit, regulatory document preparation and SEC reporting. The Corporate Controller is the primary point of contact with key vendor partners including external auditors, third-party tax professionals, bank operations partners and other third-party service providers. This position will be based in San Diego and will be reporting to the CFO.

Essential Functions

  • Oversee the operations of the accounting department, including optimizing the departmental organizational structure and processes to achieve department's goals and objectives. Provide leadership in the accounting, controls, compliance and reporting and assist with budget and forecasting.
  • Lead and oversee all general accounting functions, including the monthly general ledger and consolidated level financial close processes, cost accounting and accounting operations, consisting of accounts payable, payroll, fixed asset management, consolidation and management reporting.
  • Ensure efficient, effective execution of transactions as well as compliance with the company’s policies in these areas. Evaluate and make recommendations with respect to automation or other opportunities to improve the effectiveness of the department.
  • Lead and coordinate the preparation of all aspects of SEC external reporting, including the preparation of financial footnotes and Management's Discussion and Analysis (MD&A) and coordination of document review with management and external audit team.
  • Oversee and coordinate the information requirements and analysis needed to support the external auditor’s quarterly reviews and annual audit.
  • Participate in and contribute to periodic business reviews to ensure alignment with business strategies. Provide financial support to internal departments, in support of their planning responsibilities to effectively manage the business and make appropriate financial recommendations, including evaluating the cost-benefit of various strategies.
  • Prepare and present to management and the Audit Committee of the Board of Directors with timely reviews of organization's financial status and progress in its various programs and activities, including financial reporting and disclosure revisions due to changes in the regulatory framework, generally accepted accounting principles and reporting requirements.
  • Manage the Company’s equity programs, capitalization table, options ledger and maintenance of stock/option related matters. Oversee equity accounting and third-party equity administration
  • Responsible for the company’s federal, state and local tax compliance, including managing outside tax advisors.
  • Oversee purchasing activities, including developing cost savings through vendor discounts, ensuring supplies are ordered and delivered timely.
  • Manage investments and banking relationships with third parties including cash flow management.
  • Manage accounting team by providing overall direction, coordination, and evaluation of these employees. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and developing employees.
  • Assess, implement and maintain accounting systems and business tools.
  • Lead policy, procedure and process development and improvements including ensuring compliance with Sarbanes Oxley (SOX 404).

Qualifications

  • Bachelor’s degree (BS/BA) in Accounting; CPA or equivalent required. MBA preferred.   
  • 15+ years of progressive combined public and private industry accounting related experience, including minimum of ~4 years in a public company with responsibility for regulatory/SEC document management; industry experience in biotechnology and/or pharmaceutical sector preferred.
  • Strong experience in SEC reporting, management reporting, financial planning and analysis, technical accounting research and implementation of business process improvement. Biotech/Pharma experience including clinical trials accounting experience required.
  • Strong technical accounting knowledge of issues, procedures and practice.  
  • A proven track record of process improvement and experience with financial systems and process change initiatives. Experience with accounting system implementations strongly preferred.
  • Expertise in GAAP principles and SEC regulations.
  • Expertise in Microsoft Word and Excel, and in financial, equity, payroll and purchasing software, such as Carta, Equity Edge, QuickBooks and ADP.
  • Understands business implications of decisions, has extensive knowledge of industry and competition.
  • Excellent interpersonal and communication skills, with demonstrated ability to:
    • Provide leadership in projects and teams
    • Identify and resolve problems in a timely manner; gathering and analyzing information skillfully; developing alternative solutions.
    • Balance team and individual responsibilities; exhibit objectivity and openness to others' views; give and welcome feedback; contribute to building a positive team spirit.
    • Delegate work assignments, matching the responsibility to the person; sets expectations and monitors delegated activities; Provides recognition for results.
    • Manage staff in planning, decision-making, facilitating and process improvement; takes responsibility for subordinates' activities; makes self available to staff; develops subordinates' skills and encourages growth.
    • Make timely decisions, exhibiting sound and accurate judgment; support and explain reasoning for decisions; include appropriate people in decision-making process.
    • Efficiently provide high quality work with close attention to detail.
    • Operate with unquestionable integrity and judgment.
    • Work in a quickly changing environment and manage multiple competing priorities. Prioritize and plan work activities to successfully meet tight deadlines.

The Assocation of Bioscience Financial Officers

Interested in this opportunity?

Please contact Brian Muma, Vice President, Human Resources at brian.muma@oricpharma.com.

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