Senior Director of Accounting & Assistant Controller at Olema Oncology

San Francisco, California, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

270000.0

Posted On

05 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Technical Accounting, GAAP Compliance, SOX Compliance, Financial Reporting, Month-End Close, Year-End Close, SEC Reporting, Audit Readiness, Internal Controls, Equity Administration, Clinical Trial Accruals, NetSuite, Excel, Word, XBRL Tools, SOX 404 Compliance

Industry

Biotechnology Research

Description

Olema Oncology is dedicated to developing better medicines for breast cancer and beyond. Our lead program, palazestrant (OP-1250), is a complete estrogen receptor antagonist (CERAN) currently in development for metastatic breast cancer with blockbuster potential as a monotherapy and in combination in ER+/HER2- metastatic breast cancer. Our follow-on product candidate, OP-3136, is a potent KAT6 inhibitor with best-in-class potential. Our scientific breakthroughs are accelerated through the ways in which we fearlessly support, motivate, and challenge one another. At Olema, we know that when we put people first, our work becomes second to none. If you’re ready to join us at the edge of something unstoppable, let’s make a profound impact together for our patients, for your career, for what’s beyond. You can view our latest corporate deck and other presentations here. About the Role >>> Senior Director of Accounting & Assistant Controller As the Senior Director of Accounting and Assistant Controller reporting to the Vice President of Finance and Controller, you will lead key aspects of our accounting operations and support the Controller in overseeing the integrity of our financial reporting. This role will be responsible for managing day-to-day accounting functions, ensuring compliance with GAAP and SOX requirements, leading month-end, and year-end closing and SEC reporting processes, and driving process improvements across the accounting organization. You will bring a strong technical accounting background, leadership experience in a public company and high-growth environment, and the ability to scale systems and processes to support organizational growth. This position plays a critical role in supporting audit readiness, internal controls, and cross-functional collaboration across finance, FP&A, legal, and other departments. This role is based out of our San Francisco, CA office and will require occasional travel. Your work will primarily encompass: Manage and provide oversight of day-to-day financial close related activities and accounting operations, including but not limited to cash reconciliation, treasury and investment, prepaid, fixed assets, expense accruals, and related reconciliations. Manage the company’s equity administration to ensure proper process flow, including its calculation of equity-based compensation across the company’s equity instruments. Drive the preparation and review of clinical trial-related accrual and prepayment entries and reconciliations, including working with software Auxilius (CRO accounting and accrual tool). Review applicable CRO, CMO and other vendor contracts. Work closely with the Clinical Development team and proactively interact with vendors to gather and analyze relevant information and supporting documentation to ensure accurate accrual and prepaid information on a quarterly basis. Spearhead conclusion on applicable new accounting literature, SEC rules and regulations, and significant or unusual transactions, as well as roll out related implementation. Work with the Controller to ensure significant or complex accounting transactions are properly recorded in the general ledger. And will also include: Manage the company’s monthly and quarterly accounting close process, quarterly and annual public filings with the SEC on Forms 10-K and 10-Q utilizing XBRL tools. Support other SEC and regulatory filings as needed. Maintain focus on continuous improvement by challenging status quo to accelerate financial accounting close and increase efficiency of accounting and reporting processes. Develop and execute deliverables, and manage external audit and other parties, leading to the timely completion of the company’s quarterly review and annual audit. Be a key process owner in the company’s development and roll-out of accounting policies and procedures that meet SOX requirements, including driving the company’s SOX 404 compliance and audit, implementation of new accounting systems and ongoing maintenance. Assist with compilation of information for preparation of tax compliance items, including but not limited to annual provisions/returns and other tax-related items and review the external tax advisors’ deliverables. Assist with other projects and process improvement initiatives as necessary. Ideal Candidate Profile >>> A love of challenging, important work. We are a pragmatic team, driven to imagine and develop meaningful therapies for improving lives. All employees within our company play a unique and crucial role in our success, both in accomplishing our mission and building a positive company culture. As such, we are looking for someone with the right combination of knowledge, experience, and attributes for this role. Knowledge: Bachelor's degree in accounting or finance, MBA or Masters a plus. CPA License required. SEC reporting, technical accounting experience, and deep subject matter expertise in SOX404(b). Expertise in Excel and Word and ability to learn new systems quickly. Demonstrated experience leading monthly, quarterly and year end closing processes. Experience: 10+ years of accounting experience in publicly traded companies. Public company experience in the Biotechnology industry required. Big 4 public accounting experience. Experience in NetSuite, procurement system and stock administration system. Experience in SEC reporting tools/platforms such as ActiveDisclosure (preferred). Detail-oriented with the ability to analyze and synthesize large amounts of data for reporting and problem-solving. Excellent organizational skills and an ability to prioritize effectively to deliver results within reasonably established timelines. Attributes: Teamwork and collaboration skills: Balances team and individual responsibilities; gives and welcomes feedback; puts success of team above own interests; supports everyone's efforts to succeed; shares expertise with others. Excellent written verbal and inter-personal communication skills and ability to adapt communication styles to varied internal and external partners. Possesses a get-the-job done attitude and identifies not just challenges but takes the initiative to identify solutions. Analytical thinking with problem-solving skills and the ability to adapt to changing priorities and deadlines. Impeccable professional ethics, integrity, and judgment. The base pay range for this position is expected to be $245,000-$270,000 annually, however the base pay offered may vary depending on location, market, job related knowledge, skills and capabilities, and experience. The total compensation package for this position also includes equity, bonus, and benefits. #LI-MT1 Important Information >>> We provide equal opportunity to all employees and applicants for employment and believe that great ideas and discoveries come from a mix of expertise, background, and experience. Olema is building a culture where the value of difference is celebrated. We offer a competitive compensation and benefits package, seeking to provide an open, flexible, and friendly work environment to empower employees and provide them with a platform to develop their long-term careers. A Summary of Benefits is available for all applicants. Please note: Olema doesn’t accept agency resumes and is not responsible for any fees related to unsolicited resumes. Thank you. Fraud Alert: We are aware of employment scams where individuals pose as representatives of Olema Oncology and make false use of our company name to defraud job seekers. To protect yourself, please note that Olema’s official email addresses end in @olema.com. Our official corporate website is olema.com; our careers page is olema.com/careers; our LinkedIn page is linkedin.com/company/olema-oncology. Please visit these links for official information from Olema. Communication from any other variant is fraudulent. Olema does not conduct interviews via text message/messaging platforms, will not ask you to download anything as part of your interview, will never request any form of payment, provide upfront payments of any kind, and does not make job offers without an in-person interview.

Responsibilities

This role manages day-to-day accounting operations, including the financial close, treasury, equity administration, and clinical trial accruals, while ensuring compliance with GAAP and SOX requirements. The incumbent will also lead the preparation and review of quarterly and annual public SEC filings (10-K and 10-Q) and drive continuous process improvements.