R&D Accounting Manager

Location
Newark, CA
Posted
Jul 30, 2021
Hotbed
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time

Are you ready to join a growing, innovative, precision oncology powerhouse? Rain Therapeutics is committed to building a passionate team of core scientific, clinical, regulatory, and business leaders to bring new therapies for cancer patients struggling with limited treatment options.  Our focus has been and will continue to be new oncology therapeutics based on targeting the biological drivers of the cancer, regardless of tumor type.

We envision our company culture driven by spirited individuals with an entrepreneurial mindset who want to solve problems, and leaders who are sufficiently experienced to know success in the drug development industry comes with great challenges; it will never be a straight line.  We are looking for team members that are passionate about helping patients at the worst time in their lives.  Rain Therapeutics strongly believes that we are tremendously fortunate to aim our careers towards having a direct impact on patients, and we intend to fully leverage this opportunity with aggressive developmental timelines for a multitude of pipeline programs, all unified across a precision oncology strategy. 


Summary of Key Performance Objectives:
The R&D Accounting Manager will serve as the accounting lead for all R&D accounting, including pre-clinical and clinical development projects and future marketed product manufacturing. The role is an integral part of a growing accounting team and needs to have strong operational experience with full-cycle accounts payable, month-end close process, and budget/forecasting operations. The R&D Accounting Manager will report to the Assoc Director, Accounting. 


Job Duties and Responsibilities:

  • Liaise with multiple groups in R&D, CROs, and vendors regarding: tracking of all R&D contracts, the overall progress of projects to budget, and status of completion of work at the period end
  • Collaborate with R&D operations and contracts team for contracts and work orders for amendment of existing contracts and new contracts for planned projects
  • Responsible for accounting close for all R&D activities
  • Support budget, forecasting and R&D long range planning processes
  • Manage and coordinate planning exercises to meet corporate reporting schedules and goals
  • Drive accounting with R&D monthly & quarterly accruals – ensure coding accuracy for BvA
  • Proactively examine R&D-purchase orders to assess percentage completion or timing of delivery of goods or services
  • Design and maintain R&D accrual models in MS Excel
  • Propose automated solutions to R&D accrual accounting for future consideration
  • Analyze R&D invoice data and compare to budget, contracts, and work orders to derive needed accruals or prepaid expenses at each period end
  • Prepare monthly account reconciliations and work with forecasting on detailed R&D roll forwards
  • Prepare reports and presentations to management on the status of each accrual area
  • Document desktop procedures and perform required steps under SOX for each month-end close
  • Provide assistance to Assoc Director, Accounting on ad hoc projects as needed


Required and Preferred Education and Experience:

  • Degree in accounting or finance
  • Biotech experience
  • 4 or more years of relevant experience
  • Proficient in Microsoft Office such as Word, Excel, and PowerPoint


Preferred:

  • Public accounting experience
  • Technical accounting knowledge


Critical Job Skills:

  • Excellent written and oral communication skills
  • Exceptional attention to details
  • Results-oriented independent contributor or team player with exceptional work ethic
  • Flexible and self-starter who takes full ownership of tasks
  • Strong organization and project management skills
  • Ability to do research work
  • Ability to work under pressure and meet deadlines


Rain Therapeutics is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Rain are considered without regard to race, color, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicv