Director / Sr. Director, Accounting

at  Praxis Precision Medicines Inc

THE OPPORTUNITY

At Praxis we’re seeking a Director or Senior Director level individual to manage the Accounting group within the Finance team. This represents an exciting opportunity to lead the group and oversee the monthly and quarterly close process, internal controls compliance, and SEC reporting. In this position you’ll play a critical role in ensuring the Company’s financial and operational success as it plans for commercialization of its late-stage assets. The successful candidate will have strong leadership skills and be willing to step in and support various Finance processes based on fluctuating business needs. You’re a critical thinker who is resourceful and thrives in a fast-faced environment.

QUALIFICATIONS AND KEY SUCCESS FACTORS

• Bachelor’s degree in accounting and an active CPA license required
• 12+ years of related accounting experience required; public and private experience preferred
• Prior employment at a biotech/pharma company required; experience with accounting at a commercial-stage company preferred
• Strong knowledge of US GAAP and SOX principles is required
• Detail oriented self-starter with ability to think strategically and effectively prioritize while managing various projects simultaneously
• Excellent verbal and written communication skills, ability to work collaboratively with other parts of the business including key internal/external stakeholders and executive leadership
• Ability to be flexible and continuously drive processes, deliverables, and timelines in a dynamic, fast-paced environment. Experience working within Agile framework is helpful.

• Responsible for consolidated financial results by overseeing monthly and quarterly financial close processes, including review of key areas of judgment and key general ledger account reconciliations (including R&D accruals) to ensure the accurate and timely preparation of the Company’s consolidated financial statements
• Oversee the Company’s internal financial control compliance (SOX 404(b)), working to strengthen internal controls and ensure the control environment is operating effectively in a dynamic and scaling setting
• Oversight of SEC process, including quarterly and annual reporting, proxy statement and ad-hoc filings
• Responsible for key technical accounting judgments and policies, including oversight, implementation and execution of new accounting guidance
• Assist with commercial readiness, including build out of inventory and revenue processes
• Collaborate with other teams to ensure relevant information is shared timely, including but not limited to FP&A, procurement, legal and commercial
• Build cross-company relationships with key business partners involved in accounting activities to ensure processes are effective and controls are sufficient
• Identify and implement process improvements to continue building the efficiency and effectiveness of accounting at Praxis
• Prepare and present quarterly results presentation and key accounting updates to executive leadership and the Audit Committee
• Undertake and manage special projects as needed
• Support a high performing Accounting team of direct and indirect reports, ensuring all team members remain motivated, challenged through learning opportunities and guided in their professional development