New ABFO Member Open Job Posting - Controller, Genesis Therapeutics, Inc.

 

Company:

Genesis Therapeutics, Inc. is a biotechnology company that invents and deploys breakthrough AI techniques to discover and develop drugs both internally as well as in select partnerships.  Genesis is unique in its groundbreaking deep learning technology, its synergy of machine learning with biophysical simulation and its pairing of AI with extensive biotech/pharma expertise.  Its team of technology trailblazers and proven drug developers are driving the discovery and development of novel small molecule drugs to treat patients suffering with severe and debilitating diseases.

Summary:

Genesis is searching for an experienced pharmaceutical Controller to join our company at either of our locations in San Francisco or San Diego, California.  The Controller plays a key role in the overall management of the company and acts as a trusted technical advisor to the CEO, CBO and the Board of Directors.  The Controller leads all aspects of the accounting department including financial reporting, technical accounting research related to new and proposed accounting standards for the company and its holding companies.  Oversees budgets and cost controls, financial analysis, and accounting policies and procedures.  Analyzes and interprets financial data and recommends changes to improve systems and financial performance.  Provides leadership and technical guidance for compliance with GAAP.   Selects, develops, and evaluates personnel to ensure the efficient operation of the accounting/finance department which includes finance, purchasing, and facilities.  Involves with various aspects of legal (corporate governance) and HR.   This position reports directly to the CBO.

Responsibilities:

  • Financial Reporting
    • Oversees and verifies the accuracy and timeliness of all finance reports, manages the day-to-day financial operations and month-end/quarter-end reporting including payroll processing, accounts payable and fixed asset management ensuring financial statements are complete, accurate, and in compliance with U.S. GAAP requirements.
    • Facilitates periodic P&L reviews with key decision makers to uncover trends, challenges, and opportunities for improvement.
    • Manages annual audit with independent auditors.
    • Develops and prepares necessary financial information for regulatory requirements.
    • Partners with the CBO and other executive management team in preparing Board presentations.
  • Financial Planning and Analysis
    • Responsible for leading all aspects of the budgeting and forecasting process and subsequent comparison to actuals.
  • General Accounting
    • Ensures strong accounting and operational controls to safeguard assets and helps drive operational performance.
    • Oversees comprehensive month end close to include reviewing and approving monthly financial statements and analysis of operating and balance sheet accounts.
    • Supervises outsourced accounting services for all general accounting functions.
    • Handles day-to-day cash management and oversight.
    • Ensures preparation and timely filing of annual and quarterly tax accounting with outside tax accountants; includes property tax, use tax, franchise tax, state and federal income tax returns, and manages other tax projects.
    • Performs technical accounting research related to new and proposed accounting standards and complex accounting transactions (license agreements, collaboration agreements, leases, vendor contracts, etc.).
    • Identifies, designs, and implements any changes to accounting policies and procedures.
  • Management
    • Provides continuous direction and feedback to the accounting service firm.
    • Sets high standards and integrity for performance and holds the team accountable for results.
    • Provides leadership and direction to individual employees to establish high morale and dedication.
    • Oversees the hiring and supervision of accounting and related personnel.
  • Other
    • Performs other duties as may be assigned by the CEO and CBO, including responding to information requests and working on special projects.
    • Provides oversight to ensure accurate and up to date capitalization table.
    • Assists with the corporate counsel the stock administration processes, including stock option issuances, grant processing and reporting, employee communication on stock related matters, obtains 409A reports, etc.
    • Interfaces with management, board of directors and key partners (banking, insurance, legal, tax, auditors, etc.)
    • Assists in due diligence activities and special projects as needed.
    • Facilitates completeness of data room.
    • Responsible for procurement of insurance policies and renewals.
    • Assists with ensuring completeness of corporate governance and data management (such as BOD minutes and written consents, Shareholder consents, Board approvals, transaction documentation, executed agreements, etc.).

Qualifications:

  • Bachelor’s degree in Accounting or related field, CPA required
  • 15+ years of progressive accounting and finance experience
  • Biotech company experience required
  • Strong knowledge and understanding of U.S. GAAP, accounting and financial reporting
  • Superior judgment and ability to demonstrate adaptability to individual needs while not compromising integrity and financial needs of the organization
  • Excellent management and supervisory skills
  • Strong interpersonal skills and the ability to communicate effectively across a diverse range of departments and levels, including senior management and the Board
  • Ability to proactively identify accounting issues and initiative to solve challenges.
  • Excellent communication and presentation skills

Association of Bioscience Financial Officers

Interested applicants please apply at jobs.genesistherapeutics.ai

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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