Innova Solutions is immediately hiring for a Sr R&D Accounting Manager
Position type: Full-time Perm Role
Location: South San Francisco, CA (Hybrid)
Salary: $170K
As a Sr R&D Accounting Manager you will:
Job Description
The R&D, Sr. Accounting Manager is an integral part of a growing accounting team and oversees the R&D-related accounting close process primarily focused on Research and Development accruals with the Research and Development Teams in Shanghai and the United States and will report to Director of Accounting. This position will partner extensively with the Financial Planning & Analysis (FP&A) team to ensure a thorough understanding of various R&D programs, in-licensing milestone achievements and lead the accurate and timely completion of the R&D-related accounting close. A successful candidate enjoys working in a fast-paced and rapidly growing environment, is result-oriented, analytical, has strong attention to detail, and is highly motivated to deliver excellence in their work. #hybrid
Essential Duties and responsibilities
Manage the monthly R&D-related accounting close to ensure accurate and timely completion of expenses, prepayments and deposits, and accrual accounts. This involves communication with the R&D Teams in Shanghai as well as the U.S.
Develop and maintain R&D accruals using various methodologies including % of completion, FTE reimbursement rates, etc.
Review and/or prepare journal entries and related supporting work papers; ensure the quality of work product complies with SOX requirements
Attend R&D project team meetings and review project management portfolio updates to better understand the status of the company's R&D programs to better facilitate the R&D accrual process
Review and analyze invoices, contracts, SOW's and/or work orders, and reconcile data to POs and budgets to determine the appropriate accounting treatments
Prepare and review the R&D budget tracker workbook and ensure appropriate accounting estimates in the R&D tracker
Prepare R&D fluctuation analysis by segments (e.g., subsidiaries, programs, phases, etc.) as well as R&D-related general ledger account fluctuation analysis
Review and/or prepare general ledger account reconciliations and other R&D analyses
Liaison between the R&D project teams and FP&A team regarding the monthly R&D Research accruals under review; guide the proper accounting treatment of R&D-related transactions
Coordinate with the Head of Finance and Sr. Controller in China and other accounting U.S. team members in identifying, researching, and documenting significant accounting matters
Manage the quarterly review, interim and year-end audit, and tax requirements related to R&D-associated activities; drive closure of any internal/ external request/open items on a timely basis
Identify opportunities to reduce the R&D-related accounting close cycle, enhance existing procedures
Assist the accounting team on ad hoc projects, as needed
Ability to work Shanghai hours at quarter end
CORE COMPETENCIES, KNOWLEDGE AND SKILL REQUIREMENTS:
Advanced user of Excel
Experience with Netsuite
Strong work ethic and ability to thrive in a complex environment handling different R&D programs of various affiliates and subsidiaries
Able to work with a high volume of transactions in a fast-paced environment
Results and goal-oriented mindset with an opportunistic eye toward process improvements
Excellent communication and written skills and collaborative mindset with FP&A and the R&D scientific project owners
REQUIREMENTS Education
BA/BS degree in accounting
Experience
6-9+ years of progressive experience (combination of big 4 in Biotech clients with expertise in auditing R&D accounts and clinical stage biotech/pharma industry experience) - Highly preferred
Licenses or Certifications
CPA preferred
Qualified candidates should APPLY NOW for immediate consideration! Please hit APPLY to provide the required information, and we will be back in touch as soon as possible.
We are currently interviewing to fill this and other similar positions. If this role is not a fit for you, we do offer a referral bonus program for referrals that we successfully place with our clients, subject to program guidelines. ASK ME HOW.
Thank you!
Preeti Sehgal
preeti.sehgal@innovasolutions.com
PAY RANGE AND BENEFITS:
Pay Range*: $170K
*Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.
Benefits: Innova Solutions offers benefits( based on eligibility) that include the following: Medical & pharmacy coverage, Dental/vision insurance, 401(k), Health saving account (HSA) and Flexible spending account (FSA), Life Insurance, Pet Insurance, Short term and Long term Disability, Accident & Critical illness coverage, Pre-paid legal & ID theft protection, Sick time, and other types of paid leaves (as required by law), Employee Assistance Program (EAP).
ABOUT INNOVA SOLUTIONS: Founded in 1998 and headquartered in Atlanta, Georgia, Innova Solutions employs approximately 50,000 professionals worldwide and reports an annual revenue approaching $3 Billion. Through our global delivery centers across North America, Asia, and Europe, we deliver strategic technology and business transformation solutions to our clients, enabling them to operate as leaders within their fields.
Recent Recognitions:
One of Largest IT Consulting Staffing firms in the USA - Recognized as #4 by Staffing Industry Analysts (SIA 2022)
ClearlyRated® Client Diamond Award Winner (2020)
One of the Largest Certified MBE Companies in the NMSDC Network (2022)
Advanced Tier Services partner with AWS and Gold with MS
Website: https://www.innovasolutions.com/
Innova Solutions is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Innova Solutions is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates. If you are an individual with a disability and need a reasonable accommodation to assist with your job search or application for employment, please contact us at hr@innovasolutions.com or (770) 493-5588. Please indicate the specifics of the assistance needed. Innova Solutions encourages all interested and qualified candidates to apply for employment opportunities. Innova Solutions (HireGenics/Volt) does not discriminate against applicants based on citizenship status, immigration status, or national origin, in accordance with 8 U.S.C. § 1324b.
The company will consider for employment qualified applicants with arrest and conviction records in a manner that complies with the San Francisco Fair Chance Ordinance, the Los Angeles Fair Chance Initiative for Hiring Ordinance, and other applicable laws.
