Manager, SEC Reporting and Technical Accounting

Menlo Park, CA, United States
Aug 04, 2021
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time
PacBio has an exciting opportunity for a Manager, SEC Reporting and Technical Accounting. At Pacific Biosciences (NASDAQ: PACB), we are passionate about developing high-quality, innovative technologies and systems that impact areas of critical importance, including human biomedical research, plant and animal sciences, and microbiology and infectious disease studies. In particular, our technology is being used for pandemic surveillance with scientists assessing potential COVID-19 mutations based on sequencing data generated from our sequencing platforms. Our unique long-read gene sequencing technology generates complete and highly accurate data, giving scientist more insights. We believe our tools will lead to advances that will create long-lasting benefits for the world and its future.

The Role & The Team

The Manager, SEC Reporting and Technical Accounting will play a key role in the preparation of quarterly and annual external financial reporting to the SEC, quarterly earnings release and supplemental packages, other regulatory reporting and technical accounting research, implementation, and disclosures. This is a critical role that is newly created to build out a best-in-class external reporting function. This role will offer senior leadership exposure and the opportunity to drive long-term for our customers and shareholders. This role reports to the Director, SEC reporting and Technical Accounting.

The candidate must have demonstrated record of experience in SEC Reporting and Technical Accounting as well as the ability to effectively multi-task, prioritize work, demonstrate accountability, and meet established deadlines.

Key Responsibilities
  • Preparation of the Company's Securities Exchange Act filings including Forms 10-K and 10-Q, Proxy Statement, other Securities Act filings and press releases (external financial filings)
  • Preparation of all disclosures, checklists, and underlying schedules
  • Preparation of the Company's cash flow statement
  • Assist investor relations with the preparation of earnings and related matters, ensure consistency in external reports and timeliness
  • Assist in preparing Disclosure Committee materials
  • Partner with strategic finance, business development, management, external auditors/advisors to understand business transactions and perform accounting research related to technical accounting areas and/or proposed transactions (business combinations, investments, leases). Document accounting position and conclusions in white papers
  • Collaborate with accounting to ensure appropriate implementation of and compliance with U.S. GAAP, company policies, procedures and conventions
  • Actively monitor and research FASB, SEC, PCAOB and other regulatory agency rulemaking and evaluate timing and impact of new rules and standards
  • Manage the adoption of new accounting standards, including assisting in detailed implementation plans, engaging stakeholders, defining system change requirements, revising policies and procedures, satisfying auditor requirements and change management with impacted personnel and departments
  • Assist in the preparation of presentations to the Audit Committee, Board of Directors and Senior Management
  • Assist in maintaining compliance with Sarbanes-Oxley requirements in areas of responsibility; evaluate and ensure optimal design of internal controls over financial reporting
  • Proactively searching for process improvement opportunities across the financial reporting and technical accounting areas, identifying ways to automate reporting and accounting functions, reducing the time required to prepare materials and file SEC documents

All listed tasks and responsibilities are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.

Education and Experience
  • Bachelor's or higher degree in Accounting; CPA and Big 4 Public Accounting experience preferred
  • Minimum of 8 years of progressive experience in SEC Reporting and technical accounting
  • Exceptional ability to interpret, apply and document U.S. GAAP to complex business transactions
  • Life science and manufacturing industries accounting experience a plus
  • Strategic thinking and leadership experience with an emphasis on relationship management and interacting with all levels within an organization as well as with external auditors
  • Strong interpersonal skills and ability to communicate clearly and concisely both verbally and in writing; previous or current SEC disclosure-writing experience required
  • Strong organizational skills and detail-oriented self-starter; ability to work independently and collaborate to meet deadlines; effectively work with team to expedite completion of critical projects
  • Proven track record in driving projects and process improvement initiatives
  • Proficient with Microsoft Office Suite, including Word, Excel and Power Point

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, or on the basis of disability, gender identity, and sexual orientation.