Vice President, Controller

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee the accounting department as Immunic progresses from clinical-stage development to commercial operations.

• Manage the accounting team and take responsibility for the close process, SEC reporting, internal controls, and gross-to-net revenue accounting.

• Develop, implement, and take ownership of gross-to-net revenue accounting for the inaugural commercial product.

• Create audit-ready GTN estimation methodologies, roll-forwards, and true-up processes in accordance with ASC 606.

• Collaborate with Market Access, Trade, and Government Pricing to synchronize contract terms, channel data, and government pricing calculations with accounting practices.

• Set up inventory accounting and costing under ASC 330, which includes pre-launch inventory capitalization, standard costing, CMO/3PL reconciliations, and reserves for excess/obsolescence.

• Direct monthly, quarterly, and annual close procedures, which encompass clinical trial accruals, stock-based compensation, leases, and other technical areas.

• Prepare and review Forms 10-Q and 10-K, including footnotes and supporting schedules, in conjunction with the CFO and SEC reporting team.

• Design and uphold a SOX-compliant internal control environment for order-to-cash, GTN, inventory, and procure-to-pay processes.

• Act as the primary point of contact with external auditors for quarterly reviews and the annual audit.

• Draft technical accounting memos for new transactions and commercial agreements.

• Assist in the selection and implementation of a commercial-ready ERP along with related GTN/revenue management and 3PL systems.

• Build, lead, and nurture the accounting team.

• Oversee outsourced accounting partners.

• Collaborate with FP&A on budgeting, forecasting, and financial analysis related to product launches.

⛳️ Requirements

• Bachelor’s degree in Accounting.

• CPA (active or inactive) is required.

• Over 10 years of progressive accounting experience, encompassing Big 4 public accounting and experience in public companies.

• Direct, hands-on gross-to-net accounting experience at a commercial-stage pharmaceutical or biotechnology firm, including the establishment or management of GTN reserves and accruals.

• Strong understanding of U.S. GAAP, particularly ASC 606 and ASC 330.

• Familiarity with SEC reporting requirements and SOX 404 compliance, including the design of internal controls.

• Proven ability to lead a close process and manage as well as develop staff members.

• Exceptional communication skills with the capability to collaborate cross-functionally with commercial and operational teams.

• Experience with Oracle NetSuite as either an end user or administrator is preferred.

• Experience using Workiva for SEC reporting is preferred.

• Experience with product launches and developing commercial accounting processes from scratch is preferred.

• Knowledge of government pricing, the Medicaid Drug Rebate Program, 340B, and specialty distribution models is preferred.

• Familiarity with GTN/contract management systems such as Model N, IntegriChain, or Revitas is preferred.

• Must reside on the east coast.

• Direct biotech experience through Phase III is required.

🏝️ Benefits

• Equity.

• Bonus.