New ABFO Member Company Open Financial Posting - Vice President, Controller, XWPharma

 

Position           Vice President, Controller
Company        XWPharma Incorporated
Location          Redwood City, CA
Website           www.xwpharma.com

COMPANY BACKGROUND

XWPharma’s mission is discovering and developing novel medicines to improve the lives of patients suffering from serious central nervous system disorders, including Parkinson’s Disease, major depression and chronic pain.

XWPharma employs the following strategies in all of our research programs to increase the odds that our medicines will succeed in clinical testing and commercialization:

  • We focus our drug discovery capabilities on validated mechanisms of action and to create novel chemical entities with unique features and original composition of matter intellectual property. Our innovative chemistry provides our medicines with beneficial features and advantages beyond the drugs that are available today.
  • We pursue efficient development pathways that are designed to de-risk programs at an early stage.
  • Each therapy addresses high value commercial markets with favorable reimbursement and market access.

XWPharma is a multinational company with drug discovery located in China, development and pre-commercial operations in the U.S. and additional teams in Taiwan. We honor and draw strength from our diverse employee cultural heritage.

ROLE: VICE PRESIDENT, CONTROLLER

The VP, Controller will oversee and manage all financial and accounting functions including: management and board reporting; oversight of auditors and tax consultants; and preparation of budgets and forecasts.    

The VP, Controller will have responsibility for financial management of the entire business reporting directly to the CFO and CEO. We seek a hard-working, team player who will interact collaboratively with the entire management team and play a key role in implementing our financial management processes across our organization, including working with finance team members in China and Taiwan.

KEY RESPONSIBILITIES

  • Direct worldwide functional accounting, including:
    • setting/managing goals for Controller activities on a worldwide basis,
    • with senior management, leading the worldwide budget, forecasting and analysis
    • managing/supervising quarterly and monthly accounting close and reporting,
    • design and implementation of internal controls,
    • coordination of audit and audit-related activities and
    • coordination of tax compliance and reporting.
  • Establish and maintain financial policies and procedures related to business processes, risk management and internal controls. Assess the financial implications of new accounting pronouncements.
  • Effectively communicate these policies and procedures throughout the organization, ensuring a close collaboration with internal functional groups to match business needs and efficiencies with appropriate financial controls.
  • Lead liaison for auditors for annual audit, quarterly reviews and internal control reporting, ensuring effective coordination to deliver high quality and timely information to the financial reporting process with
    • Accounting,
    • Exchange reporting,
    • Corporate Finance/FP&A and
    • Treasury
  • Working with IT and other functional areas, serve as key leader in ensuring financial and enterprise resource planning systems are designed and implemented.
  • Manage the accounting for the US and the Australian subsidiary.

ADDITIONAL RESPONSIBILITIES

  • Support fundraising efforts completing necessary reports, analysis and documents to be presented to potential investors.
  • Support preparation of financial board decks to present to board members and investors at board meetings.
  • Manage company’s option-based incentive plan.
  • Manage all financial functions, including payroll, accounting, contract negotiation, appropriate controls, processes and financial systems.
  • Manage tax returns and tax provision with external tax advisors.
  • Review, research, determine and document the accounting implications of major transactions, including coordination with functional area leads and legal to review and approve major corporate contracts.
  • Provide accounting and business expertise to corporate development transactions, including collaboration agreements.
  • Manage treasury activities.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

  • Expertise in the areas of corporate accounting, controls, SEC and tax – prior public biopharma company experience is preferred, as well as prior audit management within a public accounting firm.
  • Experience with enterprise resource system implementation and management in a fast-growing company.
  • Significant relevant experience and demonstrated leadership in Finance, demonstrated success in staff development.
  • Excellent written and verbal communication skills – fluency in Mandarin Chinese is highly desirable
  • Must be hands on, detailed oriented, self-driven and goal-oriented, and able to multi-task to achieve results.
  • A strong desire to collaborate on a cross-functional basis to ensure achievement of our corporate goals and objectives.

EDUCATION

Bachelor’s Degree in Accounting or Business Management and Licensed CPA in California are highly preferred.  MBA is desirable.

 COMPENSATION

An attractive compensation package commensurate with this senior leadership role will be provided.

Association of Bioscience Financial Officers

Interested candidates, please contact Pete Roddy, at psroddy@gmail.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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