Senior Accountant - Clinical Accounting

Summary Description

The Senior Accountant – Clinical Accounting is an integral part of the Geron Finance Team and will report to the Assistant Controller. The position will primarily be responsible for the accounting of the Company’s clinical trials of its imetelstat product candidate, including related manufacturing, regulatory and quality activities. The position will also include monthly and quarterly close and reporting related activities, including recording, tracking and reporting contractual commitments and contingencies, and prompting and executing process improvement initiatives. The position will interact with all levels of management within the organization and multiple external partners, including our CRO, contractors, consultants, legal counsel and external auditors. This is a hands-on position that will be directly responsible for the generation, implementation and maintenance of complex Excel models to track clinical trial and related accruals. Advanced Excel skills and experience with Phase 3 clinical trial accounting is highly desired.   

Essential Job Functions and Responsibilities:

  • Supervise day-to-day accounting for clinical trials, including preparation of journal entries and account reconciliations as part of the month-end close.
  • Prepare accruals for primary clinical operations costs (CRO, CTAs, CMC, etc.) and work closely with CRO project manager/finance team and accounting and clinical operations departments to determine the accuracy of accrual calculations.
  • Assist with the clinical trials budget and planning process, including working directly with CRO project manager/finance team, clinical trial managers, corporate legal and accounting departments to ensure uniform, accurate and timely budget negotiations.
  • Prepare monthly internal financial reports (budget vs. actual, cash forecasts, etc.) for clinical operations management team that analyze and summarize primary clinical operations costs.
  • Continuously track cost performance of clinical trials and provide updates to team leaders on current financial performance.
  • Work directly with CRO clinical trial payment specialists to verify accuracy of clinical trial site payments and passthrough costs.
  • Review vendor invoices (CRO, CTAs, CMC, etc.) for accuracy and compliance with contractual budgets/terms.
  • Responsible for development/maintenance of clinical trials financial processes and related compliance with SOX 404.
  • Prepare required financial documents to support quarterly reviews and annual integrated audits and serve as primary point of contact for external auditors regarding all aspects of clinical trial accounting.
  • Work with corporate legal to record, track and account for contractual commitments and contingencies, including consultant and service provider agreements.
  • Prepare quarterly accruals for contractual commitments and reconcile contract and PO amounts.
  • Respond to auditor inquiries related to clinical trials and related contractual commitments.
  • Prepare accounting whitepapers and process narratives and assist with special projects as needed.

Core Competencies, Knowledge and Skill Requirements:

  • Bachelor’s degree in Accounting or Finance is required. CPA license is preferred.
  • Minimum of 6-8 years of relevant experience. Combination of public accounting and biotechnology/pharmaceutical industry experience is highly preferred.
  • Recent experience as R&D/Clinical Senior Accountant at a publicly traded biotechnology or pharmaceutical company is required.
  • Hands on experience managing complex Excel-based clinical trial accounting models for Phase 3 clinical trials is highly desired.
  • Advanced Excel skills is highly desired.
  • Strong critical thinking and analytical skills.
  • Excellent verbal and written communication skills.
  • Strong understanding of U.S. GAAP, Financial Reporting and SOX 404 requirements.
  • Strong attention to detail with the ability to efficiently provide high quality work.
  • Ability to prioritize and plan work activities with the ability to multi-task to successfully meet tight deadlines.
  • Must be proactive and possess the ability to work independently.
  • Able to adapt and work in a quickly changing environment, managing competing demands.
  • Strong contributor in a team environment, with the ability to balance team and individual viewpoints and responsibilities.