Senior Accountant, Equity and Payroll

Location
Redwood City, CA
Posted
Jul 08, 2021
Hotbed
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time

Senior Accountant

Allakos Inc. is a clinical-stage company developing therapeutic antibodies for inhibitory receptors on the surface of immune effector cells involved in allergic, inflammatory and proliferative diseases.

Allakos is committed to developing innovative therapies that transform patients’ lives.  We are looking for bright and talented individuals to join our team and share in our passion and commitment to improving the lives of patients.

Position Summary:

As a member of the Accounting and Finance team, the Senior Accountant will report directly to Manager, Equity Administration and Accounting.  You will be primarily responsible for all aspects of equity accounting and stock administration as well as payroll accounting. The ideal candidate should be a fast learner, great communicator, team player and detail oriented.

Your Role:

Equity accounting and financial reporting
  • Prepare quarter/year-end equity journal entries and reconciliations.
  • Prepare equity work papers in support of the Company’s SEC filings.
  • Facilitate the external audit of equity related processes and disclosures.
  • Ensure that payroll and stock plan administration operations are conducted in accordance with Sarbanes-Oxley internal controls and perform corresponding process controls.
Equity administration
  • Responsible for daily stock plan administration using Certent, the Company’s equity management platform. Responsibilities include equity award data entry, processing restricted stock releases, stock option exercises and ESPP purchases.
  • Monitor and report on key employee metrics related to ESPP and Equity Incentive Plans, including vesting schedules and award transactions (purchases, exercises, and forfeitures).
  • Assist with preparing and delivering content for employee equity-related education.
  • Prepare Form 3/4 filings on behalf of the Company’s Section 16 officers and directors.
Payroll accounting
  • Assist with semi-monthly payroll processing including review of ADP register for completeness and accuracy (new hires, terminations, ESPP deductions, bonuses, etc.) and recording of journal entries.
  • Prepare quarterly bonus and PTO expense workpapers and record corresponding journal entries.
  • Ensure accurate and timely equity-related tax withholding and reporting to Payroll.
  • Assist with maintaining ESPP payroll calendar including the facilitation of employee enrollments and periodic stock purchases.
Qualifications and Expertise:
  • Bachelor’s degree in finance, accounting, or other relevant field of business.
  • 2+ years of equity compensation accounting experience.
  • Thorough understanding of all aspects of the stock-based compensation accounting under ASC 718.
  • Strong attention to detail, analytical ability, and project management skills.
  • Advanced knowledge of Microsoft Excel.
  • Exposure to equity and payroll administration.
  • Experience working with modern accounting, equity administration and payroll software, such as Sage Intacct, Certent and ADP.
Core Competencies, Knowledge and Skill Requirements:
  • Highly motivated and committed to improving processes.
  • Excellent interpersonal, communication and project management skills
  • Ability to work both individually and with groups.
  • Ability to work in a fast-paced environment with a sense of urgency.
  • Strong analytical and problem-solving skills
  • Strong attention to detail
  • Positive work ethic for a growing team environment
The salary is competitive and commensurate with experience and qualifications.

The Allakos Values are: Selflessness, Drive, Clarity, Thoughtfulness, Fun, and Leadership

Allakos is an equal opportunity employer. Allakos will consider all qualified applicants for employment without discrimination on grounds of disability, sex or sexual orientation, pregnancy or maternity leave status, race or national or ethnic origin, age, religion or belief, gender identity or re-assignment, marital or civil partnership status, protected veteran status (if applicable) or any other characteristic protected by law.