Senior Accountant

San Francisco, California
Jun 06, 2022
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time

Olema Oncology (NASDAQ: OLMA) is a biopharmaceutical company developing innovative targeted therapies for women’s cancers.  Our lead program, OP-1250, a potential best-in-class complete estrogen receptor antagonist (CERAN), is in development to treat estrogen receptor-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) breast cancer. Olema recently initiated a Phase 1/2 dose-escalation and expansion clinical trial of OP-1250. We are supported in our mission by experienced and accomplished scientists and board members, leading healthcare investors, and some of the most innovative pharma companies. For more information about the company please visit

The Role:

Olema is looking for a Senior Accountant to join our dynamic team and become an integral part of the department’s finance and accounting operations. This position will be responsible for a broad range of activities including banking, monthly closes, general ledger reconciliations, internal and external reporting, preparation for audits, and special projects. This role will be based in either San Francisco, CA or Cambridge, MA and will report directly to the Accounting Manager.

This is a fantastic opportunity for a hands-on Senior Accountant to join a company with an industry leading Board of Directors and Management team and roll up their sleeves to build an innovative women’s oncology company with significant potential to transform breast cancer treatments.  

This position is available in either our San Francisco or Boston office.

What You Will Do:
  • Perform various stock administration related tasks
  • Ensure corporate and out-of-pocket expense reports comply with current corporate policies
  • Resolve various procurement and vendor related requests
  • Prepare and review semi-monthly payroll inputs with Finance and Human Resources
  • Responsible for monthly, quarterly, and year-end close related activities
  • Prepare account reconciliations (cash, liabilities, fixed assets, payroll accruals) and supporting sub-ledgers
  • Assist with the preparation of financial statements and supporting schedules
  • Assist with preparation of audit sampling package for external & internal audits
  • Assist with documentation and testing of internal system upgrades and modifications

What You Will Bring:

  • Bachelor's degree in Accounting or Business
  • 2 – 4 years of audit experience will be preferred
  • CPA strongly preferred (Big 4 strongly encouraged)
  • Biotech experience preferred
  • Expertise in interpreting and applying financial policies and procedures including the use of generally accepted accounting principles (GAAP) and methodologies
  • Expertise in performing financial functions including preparation and posting of journal entries, balance sheet reconciliations, financial statement analysis, financial report preparation and variance analysis
  • Ability to independently research, interpret, analyze, compile, and present data and information
  • This role will be involved in the use and maintenance of the company’s software systems, which include:
    • SAP Concur (Travel booking and expense reporting)
    • American Express (Corporate credit cards)
    • ADP TotalSource (Payroll)
    • Prendio (Procurement and Accounts payable)
    • Oracle NetSuite (General ledger)
    • Fidelity (401k and Stock Admin)

Personal Characteristics:

Given the “small biotech” nature of the Company, cultural fit of the successful candidate is an important criterion for their success at Olema. Desired characteristics include a high level of curiosity, intelligence, ability to work independently, “can do” attitude, and ability to work cross-functionally. Strong initiative and follow through are essential for this job.  

Specific personal characteristics include:

  • Excellent verbal and written communication and skills
  • Analytical thinking with problem-solving skills and the ability to adapt to changing priorities and deadlines
  • A commitment to excellence
  • Self-motivated and enthusiastic; fast learner who can identify the core project challenges and expeditiously change course as required in a fast-paced organization
  • Teamwork and collaboration; balances team and individual responsibilities; gives and welcomes feedback; puts success of team above own interests; supports everyone's efforts to succeed; shares expertise with others
  • A demonstrated ability to make decisions on incomplete information and in areas where a high degree of professional judgment is required
  • Have impeccable professional ethics, integrity, and judgment
  • Be collegial, hard-working, confident, a self-starter and have a passion for results
Additional Information:   We require all employees to be fully vaccinated against COVID-19, subject to approved medical or religious exemptions or disability accommodations.   We believe that great ideas and discoveries come from a mix of expertise, background, and experience. Olema is building a culture where the value of difference is celebrated. We provide equal opportunity to all employees and applicants for employment.    Olema offers competitive compensation and benefits. We seek to provide an open, flexible, and friendly work environment to empower people and to provide them with a platform to develop their long-term careers.   Please note: Olema does not accept agency resumes and we are not responsible for any fees related to unsolicited resumes. Thank you.