Senior Manager/Associate Director, Accounting & Reporting
Sionna Therapeutics is a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for CF by developing novel medicines that normalize the function of the CFTR protein. Sionna’s goal is to deliver differentiated medicines for people living with CF that can restore their CFTR function to as close to normal as possible by directly stabilizing CFTR’s nucleotide-binding domain 1 (NBD1), which the company believes is central to potentially unlocking meaningful improvements in clinical outcomes and quality of life for people with CF. Leveraging over a decade of the co-founders’ extensive research on NBD1, the company is advancing a pipeline of novel small molecules engineered to correct the defects caused by the F508del genetic mutation, which resides in NBD1. Sionna is also developing a portfolio of complementary CFTR modulators that are designed to work synergistically with its NBD1 stabilizers to improve CFTR function.
Position Summary
The Accounting & Reporting position is part of the growing finance and accounting team. This role will partner heavily with our Assistant Controller and key stakeholders across the organization including FP&A, Legal, HR, and Investor Relations. This role reports into the VP, Finance & Corporate Controller. As a key member of our accounting team, this position will assist in shaping and executing on our internal and external financial reporting, develop and oversee our internal control program, administer our stock plans and be responsible for our equity reporting & stock-based compensation calculations, and assist in our monthly close process.
We are accepting resumes for the position at careers@sionnatx.com.
Key Responsibilities:
Accounting
- Assist the Assistant Controller with preparation and review of monthly closes including ownership of technical topics such as ASC 718, Stock-Based Compensation and ASC 842, Leases.
- Serve as a preparer or reviewer for other technical areas such as CRO/CMO accrual accounting, as needed.
- Assist with treasury management and investment strategy, including quarterly close investment control procedures.
- Oversee the completion of certain deliverables required for the company’s corporate tax provision, including assisting with the coordination of the external tax team.
Internal Controls & Technical Accounting
- Design and maintain the Company’s internal control environment including ownership of annual narratives and process documentation, control matrices, and implementing new processes and controls as needed.
- Conduct technical research of accounting and reporting topics and assist in developing and implementing accounting policies and procedures to ensure compliance with US GAAP and SEC regulations. This includes adoption of new guidance.
- Manage and oversee internal and external auditors related to control audits
- Assist with the management of the company’s corporate insurance program
Stock Administration
- Manage the Company’s stock plan administration and coordinate with HR, Legal and Payroll teams to ensure equity plans are designed appropriately and administered correctly using equity admin software.
- Collaborate with legal team on preclearance and blackout monitoring
- Prepare/review equity disclosures
Reporting
- Assist with the creation of various management and Board related reporting, including audit committee results, disclosure committee materials, etc.
- Collaborate with Assistant Controller & FP&A on internal reporting packages to key stakeholders
- Manage preparation of all aspects of SEC reporting, including 10-Ks, 10-Qs, 8-Ks, Proxy, Registration Statements
- Preparation of disclosure checklists
- Oversee XBRL tagging by specialist and ensure accuracy
- Conduct disclosure benchmarking research
- Manage and oversee internal and external auditors related to SEC filing reviews.
- Special projects, as needed
Minimum Qualifications:
- Bachelor’s degree in accounting or related area
- CPA preferred
- Strong foundation of US GAAP, SEC reporting, and SOX
- 7-10 years of experience in accounting
- Public and industry experience preferred including time in a similar role on a small team and public accounting at a big four with direct experience working on public clients reviewing SEC filings and internal controls OR
- Direct experience in an equivalent role with day-to-day responsibility for SEC reporting, internal controls and stock administration
- Biotech/Tech experience preferred
- NetSuite, Workiva, Equity Edge experience preferred
- Excellent communication skills, attention to detail, and organization skills required
- Ability to operate independently with minimal oversight
- Ability to interact with executives and key stakeholders
- Ability to manage and complete projects with time constraints and within assigned deadlines
- Ability to maintain confidentiality of sensitive information