About this opportunity:
Freenome is seeking a hands-on, highly visible Corporate Controller who will be responsible for leading and coordinating the overall day-to-day activities of the accounting department. The Corporate Controller will play a crucial role in building scalable accounting processes to enable timely and accurate financial reporting, ensuring SOX compliance. This position will report directly to the Chief Financial Officer and the role is located in our Brisbane, CA headquarters.
What you’ll do:
Accounting Close and Financial Reporting:
- Hands-on management of accounting close process with focused effort to continuously drive efficiencies in order to enable an accurate 5-day accounting close
- Review and approve journal entries and account reconciliations as appropriate; enhance documentation and evidence of review over journal entries and account reconciliations to meet SOX compliance requirements
- Implement balance sheet, income statement, and cash flow analytics as part of the accounting close process to support internal management reporting
- Implement processes to identify and review accounting implications of non-standard contracts and agreements to ensure that appropriate technical accounting matters are documented and implemented in the Company’s accounting records
- Lead and drive the implementation/upgrade of various systems and leverage technology to build scalable/sustainable processes to create efficiencies in the accounting close and reporting processes (e.g., leverage power of NetSuite to build out reporting capabilities)
- Prepare and/or review schedules to support the preparation of external financial statements, footnotes, and MD&A (e.g., 10-Q, 10-K, S-1)
- Prepare and present materials at board and related committee meetings (e.g., audit committee); manage audit committee charter to ensure all mandated audit committee actions are addressed
Financial Operations:
- Develop and implement best-in-class procure to pay processes; evaluate, provide recommendations, and update financial approval matrix and workflows
- Support the implementation of a Contract Lifecycle Management System
- Oversee compliance with Travel & Entertainment (T&E) Policy and corporate credit card program; evaluate current T&E expense management reporting software and propose/implement alternative solutions
- Oversee treasury process and external tax service providers
Internal Controls and Compliance:
- Collaborate closely with Director, SEC Reporting/SOX Compliance to ensure appropriate controls over financial processes are designed and operating effectively
- Responsible for maintaining strong internal controls and ensuring accounting team is effectively trained
- Coordinate quarterly reviews and annual audits with external auditors; ensure that all PBCs are prepared accurately and provided timely to support an efficient and unqualified audit; support internal audits and SOX audits as required
- Stay updated on relevant accounting standards and regulatory changes impacting the biotech/diagnostic industry
Public Company Readiness:
- Maintain state of public company readiness, including operating under public company accounting close and reporting timelines, facilitating external auditor quarterly reviews, providing supporting schedules to Director, SEC Reporting/SOX
- Compliance for preparation of quarterly footnotes and MD&A
- Support due diligence efforts and interface with external stakeholders, including underwriters and legal counsel in connection with potential IPO diligence
Team Leadership and Development:
- Provide strong leadership and guidance to the accounting team, fostering a culture of excellence and continuous improvement
Promote professional development and skill enhancement initiatives to build a high-performing accounting organization
Collaborate cross-functionally with other departments to drive financial literacy and accountability throughout the organization
Must haves:
- Bachelor's degree in Accounting or related field (advanced degree preferred)
- Active Certified Public Accountant (CPA) license
- Strong technical accounting skills and proficiency in implementation of U.S. GAAP, Sarbanes-Oxley, and SEC regulations
- Minimum of 12+ years of relevant experience, including controllership roles in a publicly traded life science company
- Minimum 8+ years of leadership experience building and cultivating high-performance accounting teams
- Biotechnology/pharmaceutical/diagnostic industry experience required; experience building out accounting operations for a commercial organization are highly desirable
- Must have experience implementing and managing a global legal entity structure in NetSuite
- Strong customer-focus and the demonstrated ability to build new capabilities with a process-oriented mindset
- Results-driven with a high sense of urgency, ownership, and proven ability to meet tight timelines and manage competing priorities in a dynamic environment
- Exceptional communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams, Freenome’s leadership, and external stakeholders
- Proven leadership and team-building skills, with the ability to motivate others towards achieving common goals
Nice to haves:
- Experience at a Big 4 public accounting firm
Benefits and additional information:
The US target range of our base salary for new hires is $223,125 - $340,000. You will also be eligible to receive pre-IPO equity, cash bonuses, and a full range of medical, financial, and other benefits depending on the position offered. Please note that individual total compensation for this position will be determined at the Company’s sole discretion and may vary based on several factors, including but not limited to, location, skill level, years and depth of relevant experience, and education. We invite you to check out our career page @ freenome.com/job-openings/ for additional company information.
Freenome is proud to be an equal-opportunity employer, and we value diversity. Freenome does not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
Applicants have rights under Federal Employment Laws.
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