Avalyn Pharma Inc is hiring: Accounting Manager in Cambridge

Company Overview:

Avalyn is a biopharmaceutical company developing inhaled therapies for the treatment of rare respiratory diseases including pulmonary fibrosis and other interstitial lung diseases (ILD). Pulmonary fibrosis is characterized by scarring of lung tissue, decline in lung function, reduced exercise capacity and quality of life, and is associated with increased mortality. Currently approved therapeutic options slow pulmonary fibrosis progression but are associated with significant toxicities that restrict their use and dosing. Avalyn is developing a pipeline of new inhaled formulations of approved medicines designed to reduce systemic exposure and deliver medication directly to the site of disease. Avalyn’s lead program, AP01, is an optimized inhaled formulation of pirfenidone, currently being studied in the ongoing MIST Phase 2b Study in progressive pulmonary fibrosis (PPF). Avalyn has initiated a Phase 1b study for its second program, AP02, inhaled nintedanib, that is being developed for the treatment of idiopathic pulmonary fibrosis (IPF). For more information, please visit avalynpharma.com and follow us on LinkedIn.

Position Overview:

As the Accounting Manager you will play a pivotal role in the company’s day-to-day financial needs of our organization. This position is ideal for a candidate who thrives in a fast-paced, entrepreneurial environment and is passionate about contributing to the growth of a small biotech company. The Accounting Manager’s primary emphasis is on recording, analyzing, reconciling and reporting accounting transactions for the company. This position works independently and conducts complex work important to the organization. To ensure the highest level of services are provided, additional duties may be assigned. This position will report to the Associate Director, Accounting.

Role and Responsibilities:

• Lead month-end, quarter-end, and year-end close activities, inclusive of preparing/reviewing journal entries and reconciliations.

• Prepare Monthly Clinical Trial Site Accruals and Manufacturing Accruals by working directly with the Clinical and CMC Department and as well external CROs.

• Analyze and develop continuous improvements to the month-end close process to shorten timeline and ensure external reporting deadlines are met.

• Prepare semi-monthly and off-cycle payroll processing, and year-end compliance activities.

• Assist with annual tax processes including preparation of supporting schedules.

• Support FP&A in preparing monthly budget to actual reports.

• Lead the implementation and maintenance of monthly close accounting software such as FloQast or Blackline.

• Ensure timely and accurate completion of Company's tax filings for Federal, State, and Payroll tax obligations.

• Mentor and training of future junior accounting staff.

• Ensure compliance and maintenance of internal control framework.

• Work collaboratively with external AP resources, as well as and internal team to ensure accurate invoicing coding and purchase order generation.

• Support the annual financial audit and tax provision process with PBC schedule preparation, external inquiries, and producing financial statements.

• Other duties as assigned, including ad-hoc Reporting and analysis, etc.

The ideal candidate for this role will have:

• Bachelor’s degree in Accounting.

• 5+ years of financial and accounting experience. Mix of public accounting and private experience. Prior employment in the life sciences / biotechnology industries strongly preferred.

• CPA preferred.

• Strong understanding of accounting principles, GAAP, and internal controls for Sarbanes-Oxley

• Strong attention to detail, accuracy, and completeness.

• Strong written and verbal communication skills and demonstrated ability to work collaboratively with both scientists and management.

• Proven organizational skills with the ability to prioritize and work well in an environment with competing demands.

• Strong problem solving and analytical skills and proven organizational skills.

• Ability to work with minimal supervision and wide latitude for independent judgement.

• Ability to plan, organize and monitor activities according to priorities, established schedules and deadlines.

• Ability to work collaboratively with cross functional team members and with external partners/vendors.

• Proficiency in excel spreadsheet, word processing, presentation, and web applications.

• Knowledge of financial accounting systems; NetSuite and ADP WorkForce Now. Prendio and Concur a plus.