What are the responsibilities and job description for the Accounting Manager position at Flagship Pioneering?
What if... We could harness the power of Flagship’s scientific platforms and create novel treatment options that benefit more patients, sooner?
Pioneering Medicines (PM), a division of Flagship Pioneering, is building a world-class biopharmaceutical R&D capability focused on conceiving and developing life-changing treatments for patients by harnessing the power of Flagship's scientific platforms and applying those innovative approaches to serious diseases with unmet medical need. Unique to Pioneering Medicines’ approach is the opportunity to combine platforms to create truly novel and potentially transformative treatments.
About Flagship Pioneering:
Flagship Pioneering conceives, creates, resources, and develops first-in-category life science platform companies to transform human health and sustainability. Since its founding in 2000, the firm has originated and fostered the development of more than 100 scientific ventures, resulting in over $34 billion in aggregate value, 500 issued patents, and more than 50 clinical trials for novel therapeutic agents.
Position Summary:
The Accounting Manager will be a central member of the Pioneering Medicines finance team, reporting to the Director of Finance, Pioneering Medicines. They will be an instrumental player responsible for Pioneering Medicines accounting, managing budget to actuals, ad hoc analysis, monthly & quarterly reporting, and providing analytical support.
Key Responsibilities Include:
Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto.
Pioneering Medicines (PM), a division of Flagship Pioneering, is building a world-class biopharmaceutical R&D capability focused on conceiving and developing life-changing treatments for patients by harnessing the power of Flagship's scientific platforms and applying those innovative approaches to serious diseases with unmet medical need. Unique to Pioneering Medicines’ approach is the opportunity to combine platforms to create truly novel and potentially transformative treatments.
About Flagship Pioneering:
Flagship Pioneering conceives, creates, resources, and develops first-in-category life science platform companies to transform human health and sustainability. Since its founding in 2000, the firm has originated and fostered the development of more than 100 scientific ventures, resulting in over $34 billion in aggregate value, 500 issued patents, and more than 50 clinical trials for novel therapeutic agents.
Position Summary:
The Accounting Manager will be a central member of the Pioneering Medicines finance team, reporting to the Director of Finance, Pioneering Medicines. They will be an instrumental player responsible for Pioneering Medicines accounting, managing budget to actuals, ad hoc analysis, monthly & quarterly reporting, and providing analytical support.
Key Responsibilities Include:
- Responsible for month- and quarter-end close for entities in the Pioneering Medicines organization ensuring compliance with US GAAP (& IFRS for specific partnerships) including preparation of traditional journal entries and account reconciliations
- Development and management of on-going financial reporting standards and close processes to align the business and implement regular cadence of monthly, quarterly, and annual reporting requirements to various stakeholders.
- Collaborate with functional leaders in developing the Annual Budget, and financial forecasts, etc.
- Provide detailed variance analysis of actual vs. budget/forecast to help budget owners manage spending.
- Prepare presentations and analyses for the leadership team and external collaboration partners.
- Manage and coordinate compliance related activities with external consultants (e.g. tax compliance etc.) across multiple portfolio companies.
- Manage organizational cash flow, budgeting, forecasting, and reporting for Pioneering Medicines portfolio of companies.
- Support proper accounting treatment for new and complex business transactions such as those involving mergers & acquisitions and collaboration agreements.
- Manage annual financial statement audits and periodic reviews.
- Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up.
- Liaise with business operating unit to ensure purchasing is efficient and within guidelines.
- 5 years of financial and accounting experience. Life sciences / biotechnology industry preferred.
- BS/BA in accounting or finance; MBA is a plus.
- CPA Preferred.
- IFRS Experience Preferred
- Strong business acumen: proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms.
- Flexibility and ability to adapt to changing conditions.
- Exceptional attitude, attention to detail and ability to motivate teams to do the same.
- Experience in managing budgets, including research collaboration budgets is preferred.
- Ability to work collaboratively with cross functional team members and with external partners.
- Works within and meets all deadlines while executing on multiple deliverables.
- Experience with NetSuite and Prendio a plus.
- Flexible, personable team-player, comfortable in a fast-paced, small company environment.
- Proven ability to set and meet ambitious deadlines, handle numerous multifaceted financial matters, and see projects through to conclusion.
- Strong written and verbal communication skills and demonstrated ability to work collaboratively with both scientists and management.
- Capacity to distill complexity and to communicate decisively with sound judgment.
Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto.
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