- Lead the preparation of the company's monthly, quarterly, and annual financial statements in accordance with GAAP.
- Manage all aspects of the accounting close, including account reconciliations, GL analysis and management reporting.
- Review monthly financial statements and trend analysis to ensure completeness and accuracy of results and compliance with GAAP and SEC rules and regulations.
- Responsible for researching and implementing new accounting standards, including drafting technical accounting memos, and updating relevant policies and procedures.
- Oversee and perform SOX controls as control owner of the month-end close process.
- Prepare and deliver presentations and reports to senior management.
- Point of contact for external and internal audits.
- Establish, monitor, and enforce financial close and reporting policies and procedures.
- Responsible for training, supervising, developing, motivating, and evaluating department staff.
- Ability to lead, manage, and execute special projects as needed within accounting organization.
- Bachelor's degree in accounting, finance, business, or related field.
- Master of Accountancy is highly desired.
- Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
- Minimum of 10+ years of experience in finance and accounting.
- Experience with ASC 606 Revenue Recognition.
- Strong knowledge of industry-specific regulations, accounting standards, and best operating practices relevant to the CRO and services industry in the life sciences space.
- The ability to deliver quality work on tight deadlines, with effective organization and priority setting skills.
- Experience with the use of accounting ERP systems, close tools, and MS Excel, Word, and PowerPoint.
- Experience with leading financial accounting, reporting, and audit coordination in accordance with US GAAP.
- Strong leadership skills are required.
- Knowledge and proficiency in accounting systems and Microsoft Excel.
- Outstanding verbal and written communication skills.
- High attention to details and strong decision-making skills.
- Exceptional analytical and problem-solving skills.
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Vice President, Accounting - Remote, United States - Fortrea
Description
As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access and technology solutions across more than 20 therapeutic areas. With over 19,000 staff conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.
Fortrea is seeking a Vice President of Accounting to lead our global finance team. Reporting directly to the Chief Accounting Officer, this role offers a unique opportunity to oversee critical accounting functions and drive compliance for the global regulatory standards we adhere to.
In this role, you will lead the global accounting team and provide technical accounting guidance to the broader finance organization. You will oversee the global close process, ensuring compliance with US GAAP, SEC regulations, and company policies.
Additionally, you will engage with internal and external auditors and manage third-party providers delivering accounting services to Fortrea.
Fortrea is a company dedicated to the idea that people at all levels of our organization should reflect the communities we serve. Diversity, equity, inclusion, and belonging are more than just concepts; they are woven into our DNA. We believe in cultivating a workspace where all employees can thrive.
Our mission is to help our clients bring the miracles of medicine to market sooner -- join us for your next career move.
Responsibilities include, but are not limited to:
Qualification:
Experience:
Fortrea is looking for problem-solvers and creative thinkers who are passionate about breaking down barriers faced by sponsors of clinical trials, and who are committed to helping transform the development process to get promising life-changing ideas and therapies to patients faster. Join us as we cultivate a workspace where all employees have the opportunity to grow and make impacts on a global scale.
