Accounting Manager
Mountain View, CA /
General and Administrative – Accounting /
Full-Time
/ On-site
About IGM Biosciences, Inc.
IGM Biosciences (Nasdaq: IGMS) is a clinical-stage biotechnology company committed to developing and delivering a new class of medicines to treat patients with cancer, infectious diseases, and autoimmune and inflammatory diseases. The Company’s pipeline of clinical and preclinical assets is based on the IgM antibody, which has 10 binding sites compared to conventional IgG antibodies with only 2 binding sites. We have created a proprietary IgM antibody technology platform that we believe is particularly well suited for developing T cell engagers, receptor cross-linking agonists, targeted cytokines, and target neutralizers. The Company also has an exclusive worldwide collaboration agreement with Sanofi to create, develop, manufacture, and commercialize IgM antibody agonists against oncology and immunology, and inflammation targets. For more information, please visit www.igmbio.com.
IgM Antibodies and Autoimmune and Inflammatory Diseases
Antibody treatments have revolutionized outcomes for patients with autoimmune and inflammatory diseases, and IgMs are the first antibody defense against a pathogen infection. We are committed to exploring how the unique structure and binding properties of our IgM platform can improve outcomes for patients with these serious conditions.
IgM Antibodies and Oncology
IGM Biosciences has a T cell engager program, a receptor cross-linking agonist program and a targeted cytokine program in clinical studies for the treatment of patients with solid tumors and hematological malignancies.
Position Summary
We are seeking a highly motivated, detail-oriented customer service-focused accounting professional to work in a dynamic, fast-paced environment. The Accounting Manager’s responsibilities are to effectively assist in managing and performing the daily accounting operations to support manufacturing and multiple other departments. The individual will be responsible for month-end and quarter-end close processes, and ensure the accuracy, timeliness, and integrity of financial data. Additionally, the Accounting Manager will partner with the manufacturing department and serve as a valued business partner to provide critical insight and guidance in making informed financial decisions. The ideal candidate is a highly detail-oriented, self-motivated, team player with a strong working knowledge of system processes, internal controls, and US GAAP. The candidate should be comfortable working collaboratively in teams and independently and excels when faced with new challenges and problems to solve. In this key position, you will assist in setting and maintaining accounting policies and the creation and execution of new processes to support company growth and efficiencies. This position reports to the Director of Accounting.
Responsibilities:
- Perform and manage monthly, quarterly, and annual close activities by ensuring timely, accurate, and complete financial records and reporting in accordance with U.S. GAAP, Sarbanes-Oxley requirements, and the Company’s corporate policies
- Prepare and review monthly journal entries, balance sheet reconciliations, financial statements, and analysis reports
- Responsible for manufacturing accruals for multiple products
- Collaborate with multiple departments and third parties to facilitate the timely and accurate receipt of financial data
- Plan and manage documentation requirements for quarterly reviews, annual audits, and coordinate with external auditors
- Partner with manufacturing and other departments to develop and maintain inventory and fixed asset processes, policies, and accurate financial reporting
- Develop financial analysis and reports to drive decision-making, including for product costs and fixed assets
- Assist with developing and maintaining the company’s ERP manufacturing capabilities and other accounting systems
- Formulate and recommend system and process changes through evaluation, analysis of controls, and application of GAAP
- Maintain ownership and documentation of assigned business processes and key controls for Sarbanes-Oxley compliance
- Develop and enforce accounting policies and procedures
- May prepare quarterly schedules for SEC reporting along with ad-hoc reporting and analysis
- Other duties as assigned
Qualifications:
- Level commensurate with experience.
- Degree in Accounting or Finance (or related experience).
- 8+ years of accounting experience, Biotech, and Manufacturing Accounting experience required.
- Big 4 accounting experience preferred
- Demonstrated experience with complex accrual accounting and estimation processes, particularly the use of percentage of completion estimation of services/goods delivery by vendors.
- Audit experience in Research & Development accounting especially with internal and external manufacturing & development partners with a willingness to learn new concepts.
- Demonstrated experience in working closely with business partners and vendors in high-priority accounting areas.
- Demonstrated accounting for inventory and COGS elements like batches completed, manufacturing yields, batch re-manufacture, and/or willingness to learn new concepts.
- Proactive in manually tracking updates to all manufacturing accruals including new contracts executed and invoices paid.
- Accounting experience in a publicly traded company is required.
- Strong oral and written communication skills with a proven ability to effectively communicate with employees at all levels and with outside vendors.
- Strong Excel skills.
- Previous experience with an ERP system (MS D365) is a plus.
- Ability to manage multiple tasks under strict deadlines.
- Positive work ethic and organizational skills with high attention to detail.
- A collaborative team player, able to partner with internal and external contacts at all levels.
- Exceptional focus on customer service.
$138,000 - $163,000 a year
In addition to the typical annual salary range above this full-time position is eligible for cash and equity incentives.
This range reflects the characteristics of the job, such as required skills and qualifications, and is based on the office location noted in this job posting. The range may also be adjusted based on the applicant's geographic location.
Actual individual pay is determined by demonstrated experience and internal equity alignment.
We offer a fast-paced, collaborative, team-based, work environment.
One of our top priorities is to maintain the health and well-being of our employees and their families. To achieve this goal, we offer comprehensive benefits with a variety of options:
· Medical, dental and vision insurance.
· The full premium amount for our employees and their dependents is covered by IGM
· FSA (Flexible Spending Account)
· STD, LTD, Basic Life and AD&D Insurance, Supplemental Life and AD&D Insurance
· 401(k) Plan
· 120 hours of Paid Time Off, 5 sick days per year, 11 holidays
· Cell phone & internet subsidy
· Employee Referral Bonus Program
· Annual training budget for professional development
· Commuter Benefit
· Annual bonus program
· New hire stock options
IGM is an equal opportunity employer and prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin or ancestry, age, disability, marital status, and veteran status. All qualified applicants will receive consideration for employment.
