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Interim R&D Accounting Manager (July 2024) POST NUMBER: 417580
Interim R&D Accounting Manager
Our client (a biopharmaceutical company) is seeking an experienced Interim R&D Accounting Manager to join their team. This role involves overseeing the R&D-related accounting close process, collaborating with R&D teams in Shanghai and the United States. This is a fully remote opportunity.
Responsibilities:
- Manage the monthly R&D-related accounting close, ensuring accurate and timely completion of expenses, prepayments, deposits, and accrual accounts. This includes communication with R&D teams in Shanghai and quarterly sessions with the U.S. team.
- Perform detailed accruals, prepaids reconciliations, and other tasks using manual processes in Excel.
- Attend R&D project team meetings to understand the status of the company’s R&D programs and facilitate the R&D accrual process.
- Review and prepare journal entries, ensuring compliance with SOX 404B requirements.
- Analyze invoices, contracts, and data to determine appropriate accounting treatments.
- Prepare R&D contract accounting analysis for accruals and prepaids.
- Develop and maintain R&D accruals using various methodologies.
- Conduct R&D fluctuation analysis by segments and general ledger account analysis.
- Liaise between R&D project teams and FP&A regarding monthly R&D Research accruals.
- Support audits, tax requirements, and drive closure of requests.
Education, Experience & Skills Requirements:
- Bachelor’s degree in accounting; CPA preferred but not required.
- 6 years of progressive experience (nice to have public accounting/Big 4 background, biotech or biopharma client experience in auditing R&D accounts, and clinical stage biotech/pharma industry experience required for contract role).
- Experience with NetSuite (nice to have for booking entries); experience with FloQast is also a plus.
- Ability to quickly follow programs, templates, and processes for efficient execution.
- Strong work ethic and ability to handle different R&D programs in a complex, fast-paced environment.
- Results-oriented mindset with an eye toward process improvements.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.