Job Information
Danforth Advisors Manager - Controller in San Francisco, California
Manager
Danforth Managers are deployed as part-time controllers for early stage life science companies, including venture backed, near public, and publicly traded entities. Typically, Managers balance the demands of 2 to 3 clients at a time, depending on their desired work load. The job affords a high degree of flexibility with respect to the hours worked and the ability to work virtually at least part of the time. This is an excellent opportunity to work with high growth, dynamic players in the pharmaceutical, biotech, medical device and health IT sectors. Controllers often are responsible for establishing systems and reporting infrastructure from scratch and working as an integrated member of the client’s management team. As a Danforth Manager, you will have access to the resources of the entire Danforth organization and likely work with a team of other Danforth professionals on engagements.
Potential Responsibilities:
Responsibilities for this role include but may not be limited to:
Maintain accounting system
Regular bookkeeping and accounting activities – monthly close, monthly reporting, and general financial administration
Establish and perform procedures for setting up new vendors (contracts, W-9s) and paying monthly invoices; manage payables and cash disbursements
Reconcile cash accounts, track cash usage and prepare cash flow projections
Establish reporting template and perform monthly, quarterly and annual reporting (internal and external)
Establish/maintain internal controls
Work with the Company management team to prepare operating plans and budgets
Input of budget in QuickBooks for variance analysis
Manage insurance and banking relationships and service levels
Monthly payroll/benefits administration
Update and manage the Company’s cap table
Provide support for fundraising initiatives
Assist with tax returns, as appropriate
Contribute to external reporting process including quarterly report on form 10-Q and annual report on form 10-K filed with the Securities and Exchange Commission. Assists in other filings that may arise
Assist with preparing for and managing financial statement audits
Requirements
Bachelor’s Degree in accounting, CPA or MBA a plus
10+ years accounting and finance experience (Big 4/CPA Firm experience a plus)
Prior public accounting experience including SEC reporting experience, 10Q and 10K filing experience, etc.
Computer Skills: QuickBooks and Excel a must; Intacct, NetSuite, Great Plains, Equity Edge a plus
Grant accounting experience a plus
Knowledge of GAAP a plus
Knowledge of IFRS a plus
Experience in Life Sciences industry
Demonstrated ability to work in early startup and growth stage companies
Experience working as a consultant, or a sincere interest and commitment to consulting
Forecasting, budgeting, and tax compliance experience is a must
Implementation of financial systems and ability to bring efficiencies
Creative problem-solving skills including the ability to identify, recommend and implement solutions
Strong interpersonal and client relationship skills
Ability to communicate proactive solutions to identified opportunities for improvement on issues
Benefits
Competitive Pay
Flexible hours (Part-time and Full-time)
Ability to work remote
Health Care Plan (Medical, Dental & Vision)
About Danforth Advisors
Danforth Advisors is the life science industry’s trusted partner for outsourced corporate and clinical functions. The company’s variable, integrated capabilities include C-Level Advisory, Finance & Accounting, Human Resources, Strategic Communications, Risk Management, and Development Strategy & Operations. Founded in 2011, Danforth has been a strategic and operational partner to more than 1,000 life science companies, private and public, across all stages of the corporate life cycle. The company serves clients around the globe from its headquarters in Waltham, Massachusetts and regional bases in New York, Pennsylvania, California, and London. Additional information is available at www.danforthadvisors.com.