Inventory Group Controller - South San Francisco, United States - Cytokinetics

Description

Cytokinetics is a late-stage biopharmaceutical company focused on discovering, developing and commercializing next-in-class muscle activators and best-in-class muscle inhibitors as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining. As a leader in muscle biology and the mechanics of muscle performance, the company is developing small molecule drug candidates specifically engineered to impact muscle function and contractility. We take a purpose-driven approach by leveraging our unique muscle biology expertise to engineer compounds with specific characteristics aimed at treating diseases that impact muscle function, like heart failure, hypertrophic cardiomyopathy, ALS and SMA.

We view our employees as the unequivocal ingredients to success. Each and every employee is an integral member of the Cytokinetics team, contributing to our shared goal of improving lives. While expectations of our employees are high, there is an equal commitment to ensuring that contributions are recognized and rewarded. We seek exceptional individuals to join us in our mission to develop potential medicines to improve the healthspan of people with cardiovascular and neuromuscular diseases of impaired muscle function.

The Director of R&D Finance is responsible for directing functional accounting, including budget and forecasting, accounting close and reporting, as well as design and implementation of internal controls, coordination of the audit and audit-related activities, RD tax credits calculations and strategic tax planning and reporting pertaining to the R&D areas.

The Director, of R&D Finance establishes and maintains financial policies and procedures related to business processes, risk management and internal controls and effectively communicates these policies and procedures throughout the business partners, ensuring a close collaboration with internal functional groups to match business needs and efficiencies with appropriate financial controls within the R&D areas.

As lead liaison for auditors for annual audit, quarterly reviews and Sarbanes-Oxley compliance, the Director, of R&D Finance ensures effective coordination with Corporate Accounting, SEC reporting, Corporate Finance/FP&A and Treasury to deliver high quality and timely information to the financial reporting process and planning activities.

As Cytokinetics expands for R&D activities outside the United States, the Director of R&D Finance will manage to ensure the coordination of all controllership activities and compliance with statutory tax rules. The Director of R&D Finance reports directly to the Vice President, Chief Accounting Officer.

**Responsibilities:**

Preparation of functional budgeting and forecasting along with monthly variance meetings to track and manage spend to enable decision making

Work with the Project Management group to develop accurate clinical study budgets and forecasts

Overall responsibility over the monthly close process (prepaids, accruals and account analyses) in accordance with GAAP including the timely close and reporting for SEC reporting

Manage two direct reports to include detailed review of accounting entries, forecast and budget inputs and provide feedback and career development opportunities

Establish and maintain financial policies and procedures for the functional departments

Ensure Sarbanes-Oxley compliance for the functional department

Lead liaison with external auditor on areas pertaining the accounting and reporting of R&D

Responsible for compiling R&D information to support the R&D tax credit and Orphan Drug credits for our tax returns and provision

Reviews major contracts and new vendors for the functional area to ensure consistency and compliance with financial objectives, including coordination with functional area leads and legal

Manage the strategic alliances including the calculation of revenues and shared expense, billing the strategic partner, and coordinating strategic partners budgets and forecasts

Facilitate finance activities with the functions for purchasing and payment of invoices

Ad hoc projects for the functions as needed

**Qualifications:**

Expertise in the areas of controllership, budgeting and forecasting, SOX compliance, SEC reporting and R&D taxes

BS/MBA in Finance or Accounting. CPA or MBA preferred

10+ years of related experience and demonstrated leadership in Finance

Knowledge and understanding of the biotechnology industry, including experience in functional and project-based budgeting, and forecasting in a late-stage clinical trials

Excellent written and verbal communication skills with experience working with senior leaders

Demonstrated success in mentoring, management, coaching and staff development

Proven Finance leader that works on a cross-functional basis to ensure achievement of functional goals and alignment with corporate objectives

Now is the perfect time for you to consider a move to Cytokinetics where you can put all of your skills to maximum use. You will enjoy a truly unique culture as well as a competitive benefits program.

Our passion is anchored in rigorous and diligent scientific and clinical approaches to the discovery and development of novel mechanism therapeutics. With gratitude for the commitments and convictions of our employees who are inspired by the courage of patients we aim to serve, we believe Cytokinetics will continue to be a pioneering, values-driven, sustainable, fully integrated biopharmaceutical company.

**Please visit our website at: **

**Cytokinetics is an Equal Opportunity Employer**

**Inventory Group Controller**

Cytokinetics is a late-stage biopharmaceutical company focused on discovering, developing and commercializing next-in-class muscle activators and best-in-class muscle inhibitors as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining. As a leader in muscle biology and the mechanics of muscle performance, the company is developing small molecule drug candidates specifically engineered to impact muscle function and contractility. We take a purpose-driven approach by leveraging our unique muscle biology expertise to engineer compounds with specific characteristics aimed at treating diseases that impact muscle function, like heart failure, hypertrophic cardiomyopathy, ALS and SMA.

We view our employees as the unequivocal ingredients to success. Each and every employee is an integral member of the Cytokinetics team, contributing to our shared goal of improving lives. While expectations of our employees are high, there is an equal commitment to ensuring that contributions are recognized and rewarded. We seek exceptional individuals to join us in our mission to develop potential medicines to improve the healthspan of people with cardiovascular and neuromuscular diseases of impaired muscle function.

As our Inventory Group Controller, your responsible for the accounting and reporting processes to ensure the accuracy and completeness of inventory and gross margin, including but not limited to cost of goods sold, shrink, scrap, warranty, rebates, and other reserves. You will be a hands-on leader in this role, instrumental in developing and administering effective and efficient inventory accounting processes and controls, while ensuring best practice operations and continuous improvement in accuracy and efficiency. This position is also responsible for leveraging data to produce and validate valuable comprehensive analyses, business insights and internal reporting for management. This role is highly cross-functional and requires collaboration and significant partnership with a wide variety of teams across the business including IT, operations, logistics and central purchasing.

**Responsibilities**

Responsible for all accounting related to Inventory, Cost Accounting and Cost of Goods Sold

Oversight of GL accou