Assistant Controller Jobs

Assistant Controller

SAN MATEO, CA

POSITION SUMMARY

Reporting to the Controller, CARGO is hiring an Assistant Controller. The Assistant Controller will play a key role in the Finance organization, ensuring compliance with generally accepted accounting principles (GAAP), corporate policies, internal controls and external audits. The candidate will be a hands-on Finance leader with strong operational and technical accounting expertise who thrives in a fast-paced environment with minimal supervision. This person will lead various accounting processes, building and managing a team to scale with the growth of the company. This is a great opportunity to join a well-funded, world-changing biotech company. The position will also provide overall support for SEC reporting, accounting close to include contract review in support of clinical and manufacturing accruals, internal controls, external audit management, equity, treasury and tax compliance, and policy development and implementation.

The role is based in San Mateo, CA but may also be suitable for a hybrid arrangement.

WHAT YOU’LL DO AT CARGO THERAPEUTICS

• Ensures the effectiveness of internal controls and integrity of accounting records and resulting financial statements
• Responsible for all aspects of monthly close activities including accounts payable, account receivable and revenue recognition, general ledger, fixed assets, clinical trial accounting, tax compliance, payroll, cash & cash equivalents.
• Responsible for internal consolidated financial statements including consolidations of subsidiaries and manages subsidiary accounting records.
• Responsible for timely and accurate month end close and monthly account reconciliations (consolidation workbook, supplemental schedules, roll forwards, reconciliations, etc.). Produce monthly reporting package and financial statements.
• Ensure appropriate recognition, classification and safeguarding of fixed assets and intangible assets.
• Responds to actual versus budget inquiries, including variance analysis; perform analytics to explain variances for the balance sheet actual results as compared to prior periods.
• Provide support for inquiries as necessary, from internal and external representatives.
• Review and provide input to the clinical trial and manufacturing accounting accruals.
• Create and post journal entries to the general ledger, including month-end recurring and accrual entries. Consolidation and elimination entries.
• Work with the VP/Corporate Controller, responsible for timely and successful completion of external financial audits and quarterly reviews.
• Proactively researches and resolves accounting or documentation issues and discrepancies.
• Maintain and monitor the system of internal accounting controls and ensure their efficiency and effectiveness.
• Develop documentation of standards and procedures for the accounting and finance teams’ processes.

• Able to work efficiently within ERP system (NetSuite) to support the company’s accounting needs.
• Supports company’s SEC filing on quarterly / annual basis (i.e. such as footnote preparation and support)
• Supports ongoing financial planning and analysis and financial forecasting.
• Ensuring all accounting practices are in compliance with legal guidelines and established accounting principles

• Completes ad-hoc financial reporting and analysis, as well as, special projects as needed, other duties as assigned.
• Provide timely and accurate reporting of all federal, state, and local tax filings (income taxes, property taxes, sales and use taxes, franchise taxes, 1099s etc.);

THE RIGHT STUFF: Required Experience & Qualifications

• Active CPA.
• BA/BS degree in accounting or finance.

• 10+ years relevant finance and accounting experience including previous experience at the Assistant Controller or Director level.

• Excellent analytical skills, attention to detail, and organization.
• Proven ability to analyze financial data and prepare financial reports, statements, and projections
• Strong knowledge and experience using NetSuite and Coupa
• Ability to research and interpret accounting guidance.
• This is a hybrid position. Candidate may be required to visit the San Mateo office on a regular basis.
• Excellent written, verbal and interpersonal communication skills.
• Strong knowledge of U.S. GAAP and Sarbanes-Oxley.
• Previous experience with clinical trial, research and development, and outsourced manufacturing accounting desired.
• Previous experience in Biotech industry & public company experience, Big 4 or large regional experience preferred.
• Demonstrated ability in leading an accounting function, including recruitment, development and retention of top industry talent.

PAY RANGE*

The combined pay range for this role is from $195,000 - $225,000. *Title and salary will be based on our assessment of skills and experience relevant to our needs for the role.

ABOUT CARGO THERAPEUTICS

CARGO Therapeutics is engineering best-in-class CAR T-cell therapy to overcome resistance to cancer treatment and address barriers to access so that more patients may benefit from potentially curative therapies. CARGO is on a mission to outsmart cancer by advancing a new generation of best-in-class chimeric antigen receptor (CAR) T-cell therapies. Despite advances made by commercially available autologous CARs, these treatments are curative for fewer than half of all cancer patients. In addition, far too many patients are unable to access these potentially curative therapies due to other challenges, including manufacturing, supply constraints, slow turnaround time and reimbursement hurdles. The team at CARGO is intensely focused on pursuing novel solutions to achieve better cancer treatment outcomes and experiences.

Our founders are pioneers and world experts in CAR T-cell therapy, and we have built a team with experience and success developing, manufacturing, launching and commercializing oncology and cell therapy products. CARGO Therapeutics colleagues share a passion to help others thrive. We are tenacious in the relentless pursuit of our mission, and we innovate to change the game for the patients we serve.

Join us to help make a difference!

EEO & EMPLOYMENT ELIGIBILITY

CARGO Therapeutics, Inc. is committed to building a diverse, equitable, and inclusive company. We provide equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability, or veteran status. CARGO Therapeutics, Inc. also complies with all applicable national, state, and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification required of applicable law.

CARGO Therapeutics requires all new hires to be fully vaccinated against COVID-19 as of their start date. This requirement is a condition of employment at CARGO Therapeutics, and it applies regardless of whether the position is located at a CARGO Therapeutics site or is fully remote. If you are unable to receive the vaccine due to a disability or serious medical condition, or because it is prohibited because of your sincerely held religious beliefs, you will have an opportunity to request a reasonable accommodation.