Senior Accountant - Waltham - Alloy Therapeutics

    Alloy Therapeutics
    Alloy Therapeutics Waltham

    4 days ago

    Description
    The Company
    We are Alloy Therapeutics—a biotechnology ecosystem company empowering the global scientific community to make better medicines together. Through a community of partners, we democratize access to pre-competitive tools, technologies, services, and company creation capabilities that are foundational for discovering and developing therapeutic biologics. The company facilitates affordable, non-exclusive access to the entire drug discovery community from academic scientists, small and medium biotech, to the largest biopharma. At Alloy, we believe our industry should compete on getting the best drugs to patients as quickly as possible, not exclusive access to the best platforms. As a reflection of our relentless commitment to the scientific community, we reinvest 100% of our revenue in innovation and access to innovation. MAY THE BEST DRUG WIN.
    Alloy is headquartered in Waltham, MA with additional labs in Cambridge, UK; Basel, Switzerland, and Athens, GA. Successful members thrive in our shared culture of accountability, deliberate trust, and open communication. As a team we aspire to work together to exceed expectations and collectively contribute across the global organization to always maintain our nimble, startup culture.
    This is an on-site and full-time position in Waltham, MA. At Alloy, we have an ethos of "Mentorship-By-Apprenticeship" in all of our positions. We strive to have workers in the office when needed to interact organically and face-to-face. Of course, as a lab-based operation, our cells and animals grow 7 days a week, 365 days per year. We respect and value our colleagues for their hard work that requires them to be in the lab every day. We ask our people who have more flexible accommodations, like this position, to appreciate their colleagues who have less flexibility. We are all one team

    The Team

    The Alloy Finance team is a growing, high-impact group supporting Alloy's strategic vision and our partners with our internal stakeholders, including R&D, Business Development, and our affiliated venture studio (82VS). As we scale our commercial operations and global footprint, this team is responsible for the financial integrity, strategic planning, and operational excellence required to support our diverse business models.

    The Role
    As a Senior Accountant, you will work closely with the rest of the Finance team, internal business partners as well as external partners and vendors in support of accounting for Alloy Therapeutics and its subsidiaries. This role requires strong accounting, excel, and business partnering skills, ability to work independently and collectively as a team to drive results, and attention to detail and high accuracy.

    How You'll Drive Impact

    • Financial Accuracy and Insight: Ensure the financial health and strategic decision-making of the business by providing accurate, timely, and insightful budget-to-actual reporting and variance analysis for business units and department heads.
    • Collaborative Financial Partnership: Partner with various internal teams, including R&D and Business Development, to ensure accurate project costing, timely invoicing, and effective cash flow management.
    • Performance Monitoring and Improvement: Drive a data-driven culture by maintaining key performance indicators (KPIs) and analytics, enabling departments to track progress and identify areas for improvement.
    • Revenue Optimization and Forecasting Excellence: Play a pivotal role in optimizing revenue recognition and improving forecasting accuracy through close collaboration with Divisional Leaders and Business Development teams.
    • Global Financial Stewardship: Maintain diligent oversight of fixed assets across all global locations and provide support for foreign subsidiaries' financial close and tax compliance, ensuring adherence to international regulations.

    Principal Responsibilities

    • Generate monthly gaap financial statements and custom management reporting in a timely and accurate manner.
    • Analyze the monthly budget-to-actual reports for all divisions, review with department heads, and provide clear explanations of variances.
    • Play a key role in creating the annual budget and setting company goals.
    • Maintain KPI analytics on an ongoing basis, identifying trends and providing actionable insights.
    • Take a leading role in revenue and forecasting, working closely with R&D Project Managers to ensure timely invoicing of revenue milestones, including cash collections and passthrough costs.
    • Partner with the Divisional Leads and Business Development teams to refine the sales forecast and provide ongoing financial support.
    • Develop and maintain short-term and long-term cash flow forecasts.
    • Collaborate with internal partners to ensure the accuracy of project costing, particularly for large collaboration agreements.
    • Manage fixed assets across four distinct global locations (US, UK, CH, JPN), ensuring proper tracking and accounting.
    • Support foreign subsidiaries' monthly, quarterly, and annual close processes, as well as tax compliance requirements.
    • Provide supporting documentation and assistance during annual audits and tax administration processes.

    Qualifications

    • Bachelor's degree in Finance, Accounting or a related field
    • 3-6+ years of progressive accounting experience, ideally within a Commercial-Stage life sciences or biotech organization
    • Prior experience with NetSuite and Coupa is strongly preferred
    • CPA or progress towards CPA certification is preferred
    • Ability to work across various US and international time zones
    Taking Care of Our People
    We support the individuality of what people need to do outside of work to empower them to do their best at work. While you focus on making better medicine together, we focus on programs and benefits that support a diverse and growing team. Whether you're single, in a growing family, or nearing retirement, Alloy offers a variety of comprehensive and competitive benefits starting from day one.
    Compensation
    • Competitive base and equity compensation commensurate with level of experience and independence
    • 401(k) company match
    Health & Family
    • Generous personal and family medical, dental and vision benefits with 100% of premiums and deductibles covered
    • Company-paid disability (STD, LTD) and life insurance
    • Paid parental leave
    • Family planning support up to $45,000 (e.g., IVF/PGT, adoption, surrogacy, egg retrieval)
    Unique Perks
    • Unlimited PTO (paid time off) and flexible schedules
    • Annual stipend for continuing education with commitment to your career through individualized professional development plan
    • Wellness and Extensive Employee Assistance Program (EAP) including resources for mental wellness

    Pay Transparency
    At Alloy Therapeutics, we believe in fostering trust and open communication. For this role, the estimated annual base salary range is $121,00 - $137,000, with the final offer based on factors like your experience, skills, and alignment with our needs.

    Additionally, this role is eligible for equity compensation, reflecting our commitment to shared success as we work together to make better medicines.

    We are proud to offer competitive compensation and benefits, aiming to support our team's professional and personal well-being. If you have any questions about pay or benefits, we're here to help.

    Alloy Therapeutics is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, disability, or other legally protected status. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at We will make every effort to respond to your request for disability assistance as soon as possible.

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