New ABFO Member company open job posting, Director of Accounting, Arcus Biosciences

 

Department: Finance
Reporting to Corporate Controller
Location: Hayward/Brisbane, CA

Reporting to the Corporate Controller, the Director of Accounting is a “hands-on” position with direct responsibility for Arcus’ accounting operations, research and development accounting, financial close process, and SOX responsibilities. This position will work with the finance team, external teams (auditors, SOX, and tax consultants), R&D Operations, external CRO (Clinical Research Organizations) vendors and various business partners to meet accounting and finance objectives and will be responsible for execution and review of core accounting functions. The Director of Accounting will work closely with the Corporate Controller and VP of Finance, as well as the FP&A team, to lead the accounting in a rapidly growing and critical area of Arcus’ operations.  This position offers a high degree of visibility to the CFO and provides deep insights to Arcus’ R&D pipeline/strategic plans, and requires building strong relationships with the R&D Operations teams,

Responsibilities:

  • Maintenance and improvement of processes to support the Company’s accounting and reporting related to research and development costs primarily focusing on accruals for clinical trial and manufacturing expenses, including communicating with business partners (internal and external) for preparation and review of journal entries, reconciliations, audit support, SOX PBC schedules
  • Lead monthly meetings with senior clinical and manufacturing management to provide project status updates and obtain validation efforts incurred, cost drivers and key assumptions around R&D accruals.
  • Able to identify, optimize and automate accounting processes and drive efficient and streamlined close process
  • Working with internal auditors on designing, implementing, and enhancing internal controls for efficiency and effectiveness, resolving SOX issues and preparation of walkthroughs for relevant processes.
  • Serve as key liaison with external auditors in areas of responsibility for coordination of audit procedures, delivery of audit schedules (PBCs), and resolution of auditor inquiries and potential audit issues.
  • Support annual and quarterly audit preparation activities including SEC filings (10-Q, 10-K, 8-K, Proxy) and assist with disclosures as needed
  • Assist in the compilation of information for the Company’s tax provision and annual tax returns.
  • Coach, manage and develop staff to meet goals and deliver strong support to business partners
  • Special ad-hoc projects, as needed

Qualifications

  • A minimum of 8 years of experience in accounting operations with at least 3-5 years of experience in auditing
  • Minimum of a BA, CPA preferred
  • Experience in Life Science industry preferred, with clinical trial accrual experience a plus
  • Proficient using Microsoft Office Suite tools and financial ERP/procurement systems (NetSuite and Coupa a plus)
  • Advanced Excel skills required
  • Demonstrated ability to think strategically about the role of finance and accounting in supporting the company’s strategy
  • Strong knowledge of GAAP and SOX 404 compliance
  • Strong experience in coordinating financial closings, audits, and financial statement preparation
  • Proven success working well under pressure, highly organized with the ability to meet deadlines
  • Ability to work in a dynamic environment with continued process improvement and change 

Association of Bioscience Financial Officers

Interested candidates please reply to Jennifer Yip at jyip@arcusbio.com

To see this and other open financial positions with our ABFO member companies,
please visit our ABFO website job posting page

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