About Dermavant:
Dermavant Sciences is a clinical-stage biopharmaceutical company focused on developing innovative therapies for inflammatory skin diseases and medical dermatologic conditions. We are passionate and dedicated to realizing the full potential of biomedical research and to developing and commercializing novel first-in-class or best-in-class therapies that improve patients’ lives. The patient is at the heart of everything we do.
Position:
Primary responsibilities will include accounting research, assisting with drafting accounting policies and memos, and providing technical support. This position will also oversee the preparation of financial filings with the Securities and Exchange Commission (“SEC”) and special projects as needed. The Manager/Senior Manager, Financial Reporting & Technical Accounting provides leadership and technical guidance of accounting policy development and financial reporting. The individual will be the subject matter expert on all technical accounting topics, responsible for research, documentation, implementation of FASB, and external financial reporting.
This is a great opportunity for an individual looking to create and support financial infrastructure in a pre-IPO, fast-paced environment.
- Review, interpret and develop diverse policies to ensure compliance with company policies and procedures, GAAP, Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), and other regulatory requirements
- Lead technical accounting research, prepare technical accounting memos and communicate technical accounting conclusions, including presentation of the company's position to the external auditors
- Responsible for creating and supporting the financial infrastructure pre-IPO and post-IPO. Develop a vision and long-term plan for how we can continue to drive the highest level of quality financial reporting as we grow and expand our operations
- Prepare and organize the quarterly reporting calendar, which involves coordination with the external auditors, executives, and members of finance, legal and other departments
- Working directly with various personnel, including members of senior management, in other departments to obtain information necessary to ensure accurate disclosures in the Company’s financial statements
- Lead the coordination of external valuations on significant transactions and acts as a liaison between external valuation experts and the external audit team
- Providing suggestions and support for process improvements/efficiencies
- Assist and manage elements of the month-end close and consolidation process including preparation of journal entries and account reconciliations on equity and other non-recurring transactions
- Reviewing contracts to determine proper accounting treatment
- Preparing and updating accounting policies and internal controls documentation
- Assisting with other ad hoc projects, such as performing research on peer companies, implementation of new accounting standards, etc.
- Perform technical accounting and implementation within a broad range of topics, including consolidations, leases, business combinations, and stock-based compensation. Lead in the crafting of detailed accounting memos related to acquisitions, divestitures, complex contracts, and other arrangements
- Liaising directly with external auditors on a number of matters, including discussing proposed accounting for complex transactions as well as their review/tie out of the financial statements
- Prepare various deliverables for the company’s internal management reporting including cash flows, equity roll forward and select KPI trending analysis
Qualifications:
- 6+ years’ related experience including a minimum of 2 years of prior “Big 4” public accounting experience with exposure to SEC reporting
- 2+ years’ experience as a Manager preferred
- Certified Public Accountant (CPA) license desired
- Expert understanding of GAAP
- Strong understanding or experience with ASC 606 (Revenue), ASC 718 (Stock Compensation), ASC 350-40 (Internal Use Software), ASC 805 (Business Combinations), ASC 842 (Leases), ASC 810-10 (VIEs)
- Exposure to SOX 404b testing and understanding of COSO framework
- Strong working knowledge of accounting methods and workflows
- Hands-on leader that has a roll-up-the sleeves, can-do attitude
- Must be able to work independently under minimal supervision, and alternately work cohesively within a team environment
- Strong interpersonal skills with the ability to communicate with all levels of management through diplomacy and tact
- Bachelor’s degree in Accounting or Finance is required
- Public company and/or IPO experience is a big plus
- Travel on business as necessary
What we look for in our people:
- Highly motivated self-starter with an entrepreneurial spirit and commitment to personal and career development
- Desire to work in a quickly changing and fast-paced growing business
- Unrelenting dedication to delivering results and a desire to shape the strategic goals of the business. Willing to roll up your sleeves to get the job done
- Ability to overcome ambiguity and challenge the status quo
- Manage multiple programs with competing timelines, prioritize activities, and work independently
- Excellent written and oral communication skills; experienced presenter of key messages to broad audiences including leadership