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Full-Time

Controller

Posted on 6/3/2024

Vial

Vial

51-200 employees

Technology-driven clinical trial management services

Biotechnology
Healthcare

Senior, Expert

Remote in USA + 1 more

More locations: Remote in Canada

Remote-first with a flexible work schedule. Available to work from Canada or the United States.

Category
Financial Accounting
Financial Planning
Management Accounting
Accounting
Requirements
  • Proven working experience as a Financial Controller, preferably in a pre-IPO start-up
  • 5+ years of overall combined accounting and finance experience
  • Professional certification, such as CPA or CA
  • Thorough knowledge of accounting principles (US GAAP) and procedures
  • Experience with creating financial statements
  • Experience with general ledger functions and the month-end/year-end close process
  • Excellent accounting software user and administration skills
Responsibilities
  • Manage all accounting operations including Billing, A/R, A/P, GL, Cost Accounting and Revenue Recognition
  • Establish financial and operating benchmarks, budgets, program monitoring, and reporting standards on a monthly and annual basis
  • Prepare and publish timely monthly financial statements
  • Coordinate the preparation of regulatory reporting
  • Support month-end and year-end close process
  • Ensure quality control over financial transactions and financial reporting
  • Manage and comply with local, state, and federal government reporting requirements and tax filings
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Support leadership through the IPO process, preparing relevant documents and supporting audits
  • Evaluating the effectiveness of accounting and other software. Identifying opportunities to improve processes and reporting through automation
  • Hiring, training, and retaining skilled accounting staff
  • Additional controller duties as necessary

Vial operates in the clinical trials market as a Contract Research Organization (CRO) that focuses on enhancing the efficiency of clinical trials for pharmaceutical and biotechnology companies. Its main product is the Vial Technology Platform, which replaces traditional paper-based methods with connected systems and an intuitive design, allowing for smoother transitions between different phases of a trial. This platform helps streamline the entire clinical trial process, making it faster and more efficient. Vial differentiates itself from competitors by offering a fixed-fee pricing model, which provides clients with cost certainty and encourages the company to conduct trials as efficiently as possible. The goal of Vial is to empower scientists to cure all human diseases by delivering clinical trials that are not only quicker but also more effective.

Company Stage

Series B

Total Funding

$101.8M

Headquarters

San Francisco, California

Founded

2020

Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • The strategic partnership with Mason enables Vial to manage clinical trial devices remotely, enhancing operational efficiency and scalability.
  • Sponsoring and participating in high-profile industry events like the Precision in Clinical Trials Summit boosts Vial's visibility and networking opportunities.
  • The launch of the 'First in Human' podcast and panel series positions Vial as a thought leader and innovator in the biotech industry.

What critics are saying

  • The fixed-fee pricing model, while attractive to clients, could lead to financial strain if trials require more resources than anticipated.
  • The competitive landscape of the CRO market, with numerous established players, poses a constant threat to Vial's market share.

What makes Vial unique

  • Vial.com leverages its proprietary Vial Technology Platform to streamline clinical trials, moving away from traditional paper-based methods, which sets it apart from conventional CROs.
  • The fixed-fee pricing model offers cost certainty and incentivizes efficiency, unlike the variable pricing models commonly used in the industry.
  • Vial.com’s thought leadership and publication of white papers on industry-specific topics further distinguish it as a knowledge leader in the CRO space.

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Benefits

Unlimited PTO

Health, dental & vision

Paid parental leave

Remote-first culture

Competitive Equity Compensation

INACTIVE