New ABFO Member Open Position - Accounting Manager/Controller - Carmot Therapeutics

Carmot Overview

Carmot Therapeutics is a clinical stage biotechnology company dedicated to the discovery and development of innovative medicines for the treatment of metabolic diseases, cancer, and inflammation. Carmot has developed a transformative drug discovery approach, Chemotype Evolution, that we apply to identify superior therapeutics internally and in collaboration with industry partners. Chemotype Evolution is a proprietary technology that overcomes major limitations in existing drug discovery approaches, providing a unique opportunity to tackle challenging disease targets. Our lead compound CT-868, a dual modulator of the GLP-1 and GIP receptors is progressing toward Phase 2 clinical trials and has the potential to be best in a new class of treatment for type 2 diabetes, obesity, and NASH. In addition, we have developed a broad metabolic pipeline and a portfolio of wholly-owned programs targeting class-B GPCRs and de-ubiquitinating enzymes that are progressing toward the clinic.

The Company is in the final stages of closing a significant Series C financing which will fund operations and the growth of Carmot into 2022. As a result of our strong scientific progress and clinical pipeline, we are seeking an ambitious and experienced Finance professional to join the Carmot team.

Position Summary

In this position, you will report to the Chief Business Officer and oversee Carmot’s accounting operations as well as provide business insight and financial analysis related to key business and corporate development activities.

You will work closely with clinical, research, manufacturing and senior management teams to provide financial operations necessary to advance Carmot’s clinical and IND-stage programs and research platform. You will be directly responsible for leading the budgeting, monthly close and financial tracking and reporting related processes and other key accounting and finance obligations.

Carmot is a dynamic and fast-paced environment with a can-do attitude and a strong culture of innovation, initiative and ownership. You must be excellent at multi-tasking and have the courage to push the boundaries and assume a broad array of responsibilities.

Primary responsibilities

  • Oversee accounting, financial reporting and equity mgt. operations for the Company
  • Maintain a documented system of accounting policies and procedures
  • Issue timely and complete financial statements and reports
  • Work cross functionally and manage the production of the annual budget and forecasts
  • Manage outsourced accounting, audit and tax service providers and processes
  • Comply with local, state, and federal government reporting requirements and tax filings
  • Provide financial insight and analysis on select corporate development activities including: strategic partnerships, capital raising, corporate structuring, major contract negotiations,

Desired Qualifications and Experience

The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a life science company. Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations. Key skills and experience:

  • Accounting and financial reporting requirements
  • Developing standards and managing processes
  • Budget development and tracking
  • Financial and business analysis
  • Working cross functionally including communicating effectively with scientists
  • Project management skills and ability to lead teams with diverse backgrounds
  • Strong inter-personal and written and verbal communication skills

Carmot offers competitive salary, participation in our stock option plan, and comprehensive benefits. This position is located at our Berkeley site. Carmot is an equal opportunity employer.


Interested candidates, please Contact: James D. Watson, CBO at

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