Manager / Sr Manager, Accounting Operations - Bitterroot Bio

About the job

Bitterroot Bio, Inc. is a Series A biotech company focusing on cardio-immunology, investigating the interplay between the immune system and cardiovascular health. By understanding the intricate mechanisms by which these cells contribute to disease, we are developing innovative immunotherapies that target the root causes of cardiovascular disease rather than just treating its symptoms.

For us to be successful we are single-minded on hiring talented people who are eager to engage, are naturally curious, who want to be part of providing a new hope to those suffering from cardiovascular diseases. We are looking at transforming the way these diseases are treated. You have an opportunity to put your hand on and shape a company as it moves into phase 2, and its next round of funding.

About You

We are seeking an experienced Manager / Senior Manager to support the development and build-out of our Accounting Operations function. You are a high performing, purpose-driven individual with strong strategic thinking abilities and thrive in a dynamic environment. You have demonstrated the ability to manage complex work-streams in a fast paced, cross-functional team environment.

You will report to the Vice President of Finance & Corporate Development. The complexity of the work will require you to easily collaborate, seek information, and partner with members of our Executive Committee, the broader organization, in addition to numerous external partners (outsourced accounting operations, payroll, audit, treasury, tax, etc)

Key Responsibilities:

• Oversee day-to-day accounting operations ensuring compliance with GAAP, including month-end close activities, accounts payable management, payroll, including review of journal entries, accruals, account reconciliations and financial data for both internal and external reporting.
• Work with our outsourced Accounting & Finance Teams responsible for accounting operations, accounts payable, payroll, audit, treasury, tax as we gradually internalize these outsourced functions over time.
• Responsible for complex clinical trial and manufacturing accrual models to ensure accurate reporting and compliance with US GAAP.
• Develop and implement accounting policies, procedures, and controls to enhance operational efficiency and ensure financial accuracy.
• Partner with internal team members and external consultants to develop, build and maintain adequate accounting policies and process documentation, including internal controls for risk mitigation and compliance.
• Coordinate with external auditors and tax consultants to support annual audits and tax filings.
• Propose continuous improvements in the accounting function to accelerate the month-end close process and increase accuracy of financial reporting & support business growth.
• Partner with cross-functional teams, including Clinical Operations, Clinical Development, Research, and all G&A functions to provide financial insights that support business decisions.
• Stay updated on industry trends, regulations, and best practices to enhance the organization’s accounting operations.

Qualifications:

• 8+ years experience in accounting and finance
• At least 3 years in a leadership/supervisory role, working with and managing partners and vendors
• Experience working with various biotech payroll systems
• Experience in the biotech or pharmaceutical industry preferred.
• Experience with the implementation & user experience of an ERP system such as NetSuite, Oracle or SAP is very beneficial.
• Ability to work independently and in a team.
• Strong written and oral communication skills
• Experience with implementation of internal control is plus.
• Excellent interpersonal skills & highly collaborative
• Strong project management skills. Comfortable managing multiple and varied projects at one time, and prioritizing accordingly based on urgent issues
• Ability to cultivate strong internal & external network
• Effective problem-solving skills

Beyond our Science

We are passionate for impact and bold ideas that create new opportunities. With intellectual curiosity and determination, we advance transformative science and medicines that matter. Committed to respecting people, we strive to positively impact our patients and Bitterroot communities. We value the bitter truth always following the data and demanding the truth to guide our actions.

We understand the power of collaboration, curiosity and pushing boundaries. We welcome challenging thoughts and imagination to develop innovative solutions, in this we have a single-minded determination to achieve together. We want to change the paradigm on how cardiovascular is addressed and treated.

Recruitment Process

The anticipated salary range for candidates who will work in Palo Alto, CA is $150,000 to $185,000. The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the job, type, and length of experience within the industry, education, etc.

Bitterroot Bio is committed to fair and equitable compensation practices. While our ranges are posted, the exact base pay offered for this role will depend on various factors, including but not limited to the successful candidate's qualifications, skills, experience, location or comparison to other employees already in similar roles. In addition to base salary, our positions are eligible for variable compensation through one of our incentive plans as well as equity compensation based on role and level. Bitterroot Bio also offers a generous healthcare plan, 401k retirement savings plan with a company match, unlimited paid time off, cellphone and internet reimbursement, office snacks, daily team lunches and a fun company culture.