IPO

Controller for Start Up Company Houston – dlemaire@cfstaffing.com

Posted on by Dianedelgadolemaire

Our client is bringing their accounting in house. They are currently on QuickBooks.  This is a VERY hands on role until the company starts taking off. They are expecting a huge amount of growth in the next 18 to 24 months. Please email me at dlemaire@cfstaffing.com for more details.


Primary duties include but are not limited to the following:

  • Prepare monthly, quarterly and annual internal financial reports, including Profit & Loss Statement, Balance Sheet and Cash Flow Statements.
  • Prepare scheduled and ad hoc financial reports and analyses for internal and external audiences.
  • Financial Analysis & Monitoring. Develop and maintain tools for financial analysis. Keep CFO apprised of existing or developing financial and/or cash flow issues.
  • Accounts Payable – Disbursements. Approve payments, prepare and input AP.
  • Maintain & reconcile cash, balance sheet, and payroll-related accounts monthly and resolve any discrepancies.
  • Responsible for the month-end and year-end G/L close process as well as maintenance of all accounting ledger.
  • Accounts Receivable. Develop receivables policy to keep days receivables to a minimum. Manage preparation of all invoices/billings. Prepare complex billings/invoices. Review and approve invoices in general ledger. Oversee systematic implementation of receivables collection procedures.
  • Cash Receipts. Manage all coding, deposits, data entry, and posting in GL.
  • Develop annual operating and departmental budgets.
  • Recommend benchmarks for measuring the financial and operating performance while paying special attention to the major profit/loss centers in the company.
  • Manage debt balances and ensure proper and timely payments as required, including accrued interest and capital lease accounts.
  • Provide financial perspective and analysis on business decisions including profitability, cost analysis, and cost savings initiatives.
  • Serve as primary liaison for external CPA firm relationship including all financial, tax and consulting matters.
  • Ensure compliance with applicable federal, state and local regulatory reporting requirements and guidelines.
  • Ensure adequate controls are installed and that substantiating documentation is approved and available such that the company would pass independent audits.

 

Qualifications

  • Accounting Degree
  • 10 to 12 years of  accounting experience
  • Strong experience with QuickBooks and Systems Implementations a plus
  • Expert knowledge of Excel
  • Must be able to work both strategically to develop and manage integration plans as well as tactically to develop routine reports to support business operations
  • Experience with professional services billing procedures strongly preferred
  • Experience with SOC 1 and SOC 2 preferred

Boston, MA – Controller for IPO Company – dlemaire@cfstaffing.com

Posted on by Dianedelgadolemaire

Overivew:

We are working with the founder of an imminent IPO Pharmaceutical company, based in Boston, to identify a Controller.  They will be filing in the first week of January and will wrap up their final round of financing mid February.  They have 3 consultants in place who handle the day to day accounting, finance and the S1 process.

They are pioneering a first in-class treatment for rare genetic disorders linked to obesity.  There is no other drug of its kind. It is in phase 2 clinical trial and showing promising results thus far.

They recently raised $40M in an oversubscribed financing.  OrbiMed, Deerfield Management, Wellington Management Company, and an unpublished public healthcare co joined their already highly established investors.

This is an exciting time to join this company as they are working on a ground breaking drug.  The Controller will really have the opportunity to build the team from the ground up.

Brief Overview of the Role:

  • Coordinate and maintain monthly/annual close
  • Develop and implement goals, policies, procedures and best practices related to accounting and financial reporting.
  • Coordinate the preparation quarterly and annual filings (forms 10K and 10Q)
  • Coordinate SOX documentation
  • Identify, develop and mentor staff

Qualifications:

  • Bachelors’ degree in Accounting, Finance or equivalent.
  • Advanced degree (MBA, MSA) and/or CPA highly desirable
  • 8+ years of directly related experience.  Looking for someone with public accounting in their background.  Also needs to have direct experience with SEC Reporting.  Ideally someone coming out of a small public company or has large public company experience and currently in a start up environment.
  • Pharmaceutical, Biotech or Life Science experience required.
  • Must have experience working for a publicly traded company

Senior Accountant – The Woodlands – email: dcd@fittsroberts.com

Posted on by Dianedelgadolemaire

Senior Accountant in Financial Reporting

External Reporting (SEC):
• Assist in the preparation of quarterly and year-end external financial reports, including business section, risk factors, footnotes and MD&A for quarterly earnings releases, 10-Qs and 10-Ks.
• Participate in SOX 404 efforts, including documentation of processes, testing process controls, and making recommendations for improvements.
• Help improve formal processes to ensure that appropriate support is maintained for all disclosures in the Company’s SEC filings.
• Assist with compliance and implementation of all new standards and guidance promulgated by the SEC, FASB, and other applicable regulatory agencies.
• Work closely with external auditors as well as the internal audit department.
• Assist corporate finance in various capacities, including but not limited to, internal reporting duties.

Technical Accounting:
• Help document accounting policies and assist in technical accounting research.
• Assist with implementation of new accounting standards.

Transaction Support:
• Assist with financial due diligence related to business combinations and purchase accounting.
• Help prepare pro forma financial statements as needed.

CANDIDATE QUALIFICATIONS
Knowledge, Skills and Abilities:
• Knowledge of accounting and financial concepts.
• Strong analytical and problem solving skills. Ability to independently identify and resolve problems or take advantage of opportunities.
• Strong computer skills, including a demonstrated ability to use accounting systems and Microsoft Office.
• Excellent organizational skills, ability to handle multiple tasks in a fast-paced environment.
• Strong attention to detail and accuracy.

Qualifications:
• Bachelors/Masters Degree in Accounting.
• CPA required.
• Minimum 3 years of accounting experience including at least 1-2 years of public accounting (Big 4 Firm).
• SOX 404 experience preferred.
• Experience with GAAP accounting research and application.
• Excellent writing skills; proficient in technical accounting writing ability