Full-Time

Accounting Manager

Posted on 9/10/2024

Flagship Pioneering

Flagship Pioneering

201-500 employees

Biotechnology firm creating health and sustainability solutions

Biotechnology
Healthcare

Senior

Cambridge, MA, USA

Category
Budget Analysis
Financial Accounting
Financial Planning
Accounting
Required Skills
NetSuite
Requirements
  • 5+ years of financial and accounting experience. Life sciences / biotechnology industry preferred.
  • BS/BA in accounting or finance; MBA is a plus.
  • CPA Preferred.
  • IFRS Experience Preferred
  • Strong business acumen: proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms.
  • Flexibility and ability to adapt to changing conditions.
  • Exceptional attitude, attention to detail and ability to motivate teams to do the same.
  • Experience in managing budgets, including research collaboration budgets is preferred.
  • Ability to work collaboratively with cross functional team members and with external partners.
  • Works within and meets all deadlines while executing on multiple deliverables.
  • Experience with NetSuite and Prendio a plus.
  • Flexible, personable team-player, comfortable in a fast-paced, small company environment.
  • Proven ability to set and meet ambitious deadlines, handle numerous multifaceted financial matters, and see projects through to conclusion.
  • Strong written and verbal communication skills and demonstrated ability to work collaboratively with both scientists and management.
  • Capacity to distill complexity and to communicate decisively with sound judgment.
Responsibilities
  • Responsible for month- and quarter-end close for entities in the Pioneering Medicines organization ensuring compliance with US GAAP (& IFRS for specific partnerships) including preparation of traditional journal entries and account reconciliations
  • Development and management of on-going financial reporting standards and close processes to align the business and implement regular cadence of monthly, quarterly, and annual reporting requirements to various stakeholders.
  • Collaborate with functional leaders in developing the Annual Budget, and financial forecasts, etc.
  • Provide detailed variance analysis of actual vs. budget/forecast to help budget owners manage spending.
  • Prepare presentations and analyses for the leadership team and external collaboration partners.
  • Manage and coordinate compliance related activities with external consultants (e.g. tax compliance etc.) across multiple portfolio companies.
  • Manage organizational cash flow, budgeting, forecasting, and reporting for Pioneering Medicines portfolio of companies.
  • Support proper accounting treatment for new and complex business transactions such as those involving mergers & acquisitions and collaboration agreements.
  • Manage annual financial statement audits and periodic reviews.
  • Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up.
  • Liaise with business operating unit to ensure purchasing is efficient and within guidelines.

Flagship Pioneering fosters a culture of groundbreaking advancements in biotechnology, emphasizing an ecosystem approach that synergizes human health and sustainability. Their business model not only focuses on creating transformative products but also incubates leading companies like Moderna and Indigo Agriculture, positioning them at the forefront of scientific innovation and industry leadership. This approach offers employees a unique opportunity to be part of a pioneering team that drives real-world impacts across multiple sectors.

Company Stage

N/A

Total Funding

$10.2B

Headquarters

Cambridge, Massachusetts

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnership with Pfizer enhances drug discovery and development capabilities.
  • Recent leadership appointments strengthen Flagship's executive team.
  • Launch of Mirai Bio expands genetic medicine development capabilities.

What critics are saying

  • Dependence on strategic partnerships may limit independent growth.
  • High competition in biotech innovation could impact Flagship's market position.
  • Regulatory challenges in drug development could delay product launches.

What makes Flagship Pioneering unique

  • Flagship Pioneering creates first-in-category ventures in health and sustainability.
  • The company uses an evolutionary methodology for transformational outcomes.
  • Flagship combines innovation, leadership, and capital management in a single enterprise.

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