Senior R&D Accountant managing R&D financials for ArsenalBio, a biotech firm targeting solid tumors. Collaborating with internal teams to influence key financial decisions and drive R&D efficiencies.
Responsibilities
Partner closely with FP&A and Clinical Operations to prepare clinical trial accruals based on trial activities/progress
Lead cost tracking for all R&D spend, including contract management, project progress vs. budget, FTE allocations, and percentage-of-completion reporting
Prepare monthly R&D accruals for all programs to accurately record CRO activities, and other R&D related actual spend
Execute the month-end close process, including journal entries, account analyses, and balance sheet reconciliations for assigned R&D and clinical cost areas
Collaborate with R&D Operations and the Contracts team regarding contract amendments, new contracts, and work orders for planned projects
Review R&D purchase orders to evaluate percentage of completion, timing of deliverables, and alignment with project milestones
Ensure timely and accurate reporting of actual R&D costs for revenue recognition and internal financial reporting
Review and validate R&D PO coding and R&D invoices to ensure compliance with GAAP and internal accounting policies.
Prepare consultant and contractor accruals, ensuring completeness, accuracy, and alignment with project milestones and contractual terms
Support annual audit activities and internal control reviews by preparing schedules, analyses, and supporting documentation.
Perform special projects and ad-hoc analyses as needed
Requirements
Bachelor’s degree in Accounting or Finance with 7+ years of experience
Prior experience in a publicly listed company strongly preferred
Experience in the biotechnology or life sciences industry is a plus
Strong understanding of the U.S. GAAP, particularly R&D accruals, consultant accruals, CRO accounting, and percentage-of-completion methods
Minimum of 5+ years accounting experience
Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
Strong analytical skills with exceptional attention to detail
Proactive, self-directed, and able to work independently with minimal supervision
Excellent verbal and written communication skills
Proven ability to work collaboratively in a team environment
Benefits
Our people-first culture cultivates a deep respect for humanity
We provide powerful tools to empower our employees to take charge of their career paths
We believe in investing in our employees' well-being—both professionally and personally
We are committed to hiring the best talent from diverse backgrounds
ArsenalBio is an equal opportunity employer and deeply values diversity within our company
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