Assistant Controller

San Diego, CA, United States
Aug 27, 2020
Biotech Beach
Required Education
Bachelors Degree
Position Type
Full time
Vividion is a privately held biotechnology company based in San Diego that is leveraging an innovative and proprietary chemical proteomics platform to efficiently discover novel drugs in multiple areas including oncology and immunology. We aim to transform the future of human health through the limitless creation of highly selective small molecule medicines that reach unreachable targets. As an early stage startup company, Vividion is looking for energetic and experienced candidates with a desire to work in a fast-paced and dynamic team environment. We believe that the whole team contributes to the overall mission. We succeed as a team, and we grow as a team.

Job Summary:

A key goal for the Assistant Controller will be to drive continuous improvements in our accounting close and reporting processes and the related internal controls. This position will also play an important part in educating/mentoring and training the Accounting staff and stakeholders across the Company on our financial policies and processes. The successful candidate must be comfortable challenging the status quo, driving change, managing through uncertainty and supporting a high growth fast paced organization.

Essential Duties & Responsibilities:
  • Lead and execute daily accounting activities, including general ledger, procurement, accounts payable, cash management, payroll processing, fixed assets and financial reporting.
  • Oversee and perform the month end close process, including preparing and reviewing account reconciliations, general journal entries and variance analyses, while ensuring the records and financial statements are in compliance with US GAAP.
  • Drive improvements in the close process in order to ensure a high quality, accurate and efficient close process, while ensuring policies and procedures are followed and comply with the requirements equivalent to a Sarbanes Oxley environment.
  • Establish, align, and drive the monthly financial reporting process, including key meetings with management to review and obtain sign-off on financial results and variance analysis.
  • Ensure adequate and timely touch points with the Controller and Technical Accounting Consultant to identify and properly record complex life science accounting transactions, including collaborations, clinical accruals, and any new accounting standards.
  • Oversee payroll processing, including setting up and submitting payroll batches to the Controller and HR Manager for review and approval prior to processing.
  • Assist with the preparation of various supporting tax schedules for Federal and State income tax returns, research tax credits, and the annual tax provision for financial reporting purposes.
  • Prepares State annual reporting, registrations, property tax renditions and supporting schedules.
  • Provide leadership, coaching, mentoring and day-to-day direction to accounting team while promoting a collaborative team environment.
  • Assist in the development of departmental initiatives and goals, and the strategies to achieve those initiatives and goals.
  • Collaborate with other Company stakeholders to support department initiatives, including implementations of accounting-related systems/applications and process improvements.
  • Support the financial audits, including the preparation of requested audit schedules.
  • Establish and maintain strong business partnerships with key counterparts including, FP&A, Procurement, and functional business owners

Qualifications Requirements:
  • Bachelor's degree in Accounting required.
  • CPA with Big 4 public accounting experience.
  • 8+ years of combined public accounting and industry experience in a public company, preferably a mid-size biotechnology, pharmaceutical, or medical device company.
  • Demonstrated success in driving process improvements, including significantly accelerating our quarter-end close and reporting process.
  • Proactive, responsive and timely problem solver with outstanding project management skills, acute attention to detail, drives processes and deadlines.
  • Strong organizational, interpersonal, verbal and written communication skills. A Relationship-builder.
  • Ability to bring people together to work collaboratively across functional teams.
  • Experience leading teams and desire to develop others.
  • Strong knowledge of US GAAP, life science accounting transactions, including collaborations and clinical accruals.
  • Possess broad knowledge of accounting concepts, superior analytical skills and knowledge of the biotech industry in order to identify and raise issues and develop standards, policies and SOPs for the Accounting organization in support of key business processes.
  • Possess strong SOX internal controls knowledge and ability to manage and drive a quarter-end close process that is fully compliant with SOX controls.
  • Technical accounting research and documentation skills.
  • Knowledge of accounting and enterprise business system.

Further Information:

In addition to a competitive compensation package with stock options, Vividion also offers a comprehensive benefits package for our employees and their families, which includes medical, dental, vision, life, disability insurance. Vividion Therapeutics, Inc. is an EEO employer.