Associate Director Financial Reporting

Location
South San Francisco, CA
Posted
Jun 05, 2021
Discipline
Administration, Finance
Hotbed
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time

LOCATION: South San Francisco, CA

DEPARTMENT: Finance

REPORTS TO: Sr. Director Corporate Controller

Day One was founded to address a critical unmet need: children with cancer are being left behind in a cancer drug development revolution. Our name was inspired by the “The Day One Talk” that physicians have with patients and their families about an initial cancer diagnosis and treatment plan. We aim to re-envision cancer drug development and redefine what’s possible for all people living with cancer—regardless of age—starting from Day One.

SUMMARY: 

Day One Bio is seeking a highly energetic, talented and self - motivated individual to join our growing Accounting and Finance Team. The Associate Director of Financial Reporting is a very hands- on role responsible for the preparation of SEC filings (e.g., 10 - K, 10 - Q, 8 - K, S - 8, proxy statement, etc.) and technical accounting. This position will also support the development and maintenance of Finance and Accounting policies. A successful candidate needs to have deep expertise in SEC reporting requirements and technical accounting research. The candidate also needs to have the ability to work collaboratively with other functional areas, to provide guidance and leadership on policies and controls and to ensure the adequacy and accuracy of disclosures.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

·       Lead the preparation and filing of Forms 10 - Q and 10 - K, including footnotes, MD&A, XBRL tagging and review

·       Prepare, review and/or file other periodic SEC documents

·       Coordinate the completion of, and maintain supporting documentation for, all areas of external reporting as well as the preparation of GAAP and SEC checklists

·       Lead and maintain SEC reporting calendar and coordinate review process with key stakeholders including the Executive Committee

·       Respond to FASB proposals and SEC proposed rules on areas impacting the Company

·       Assist with responding to SEC comment letters

·       Assist with the preparation of financial materials and other materials used in presentations to the Audit Committee, Board of Directors and Senior Management

·       Assist in managing internal controls and compliance programs and support SOX compliance efforts

·       Partner with external auditors, on complex transactions to ensure accounting issues are properly vetted and concluded

·       Ensure all new relevant and applicable accounting guidance from the FASB and the SEC and other regulatory agencies are properly evaluated and documented. Collaborate with key business leaders to implement any applicable accounting guidance

·       Develop formal accounting policies to ensure alignment with our business an d relevant accounting guidance

·       Lead continuous process improvement initiatives that enhance the efficiency and accuracy of financial reporting and internal controls

·       Provide oversight of equity accounting

·       Assist with month - end close activities and monthly financial package

·       Participate in system implementation and other special projects and other accounting and finance responsibilities as required    

 

EDUCATION/EXPERIENCE/SKILLS: 

 

Education:

·       Bachelor's degree in Accounting or Finance is required

·       Active CPA license strongly preferred

 

Experience:

·       Big 4 experience preferred

·       Public company, biotech industry experience required

·       Minimum 6 years of related experience required

·       Prior experience working in clinical - stage life science company strongly preferred

·       Prior experience leading both technical accounting and SEC reporting at a public company

·       Hands on experience with detailed XBRL tagging and active disclosure

·       Strong understanding of U.S. GAAP and SEC reporting requirements

·       Experience supporting and leading annual financial audits and quarterly reviews

·       Knowledge of and experience in researching and documenting accounting guidance

·       Ability to clearly and concisely document and effectively communicate accounting and reporting issues


Knowledge/Skills/Abilities:

·       Strong work ethic

·       Energy to commit to a fast-paced environment

·       Must be detail oriented yet not lost in the details

·       Strong analytical skill

·       Excellent communication (oral and written) skills

·       Self-starter with ability to prioritize workload

·       A team player and able to influence staff to achieve objectives

 

DISCLAIMER

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.