Accountant - Temporary to Permanent at Abata Therapeutics

Seattle, Washington, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

BiotechnologyIndustries

Requirements

3-5+ years of accounting experience with life sciences/lab environment required, biotech startup strongly preferred
BA, BS in accounting or equivalent combination of education and experience required
CPA Certification a plus
Experience with Bill.com, Netsuite and Netsuite Planning & Budgeting (or similar systems) and credit card management systems required
Experience with Quartzy (or other procurement systems) required
Familiarity with Washington State Sales and Use Tax required
Detail oriented, reliable, and able to interact with employees and vendors in a professional manner
Comfortable in a fast-paced and collaborative environment
Proficiency in Google Suite (docs, sheets, slides, gmail) & MS Office Suite (Word, Excel)

Responsibilities

Execute general Ledger accounting and month-end, quarter-end, year-end close processes, including preparing journal entries, reconciling accounts, monthly accruals, fixed asset management and variance analysis
Operate AP / AR processes, including invoice review, coding, 3-way match and payment processing
Administer POs, and related coding, expense, prepaids and accruals
Manage company credit card transactions, expense reports and related reconciliations
Investigate and resolve accounting discrepancies
Serve as primary Accounting point of contact for internal and external inquiries and discrepancy resolution
Support Financial Audits and Federal, State, Local tax returns and other government filings
Execute 1099 processing and maintenance
Maintain files and documentation in accordance with company policy and GAAP
Uphold internal controls and influence process improvements
Serve as backup for Purchasing through our Procurement administration system
Work on adhoc projects to support the financial health, compliance and general administrative operations of Cajal
Champion a culture of nimbly leaning in to meet business needs as part of our general administrative ops team

Skills

General Ledger

Month-End Close

Journal Entries

Account Reconciliation

Accruals

Fixed Asset Management

Variance Analysis

Accounts Payable

Accounts Receivable

Invoice Processing

PO Management

Expense Reports

Credit Card Reconciliation

Financial Audits

Tax Filings

1099 Processing

GAAP

Internal Controls

Abata Therapeutics

Develops therapies for autoimmune diseases

About Abata Therapeutics

Abata Therapeutics develops therapies for autoimmune diseases, focusing on type 1 diabetes. Their main product, ABA 201, is a Treg cell therapy aimed at patients with some remaining beta cell function. This therapy works by utilizing regulatory T cells to improve patient outcomes. Unlike many competitors, Abata targets a specific niche within the autoimmune disease market and collaborates with partners like ElevateBio for process development and manufacturing. The company's goal is to transform treatment options for autoimmune diseases through advanced research and development.

Cambridge, MassachusettsHeadquarters

2021Year Founded

$184.8MTotal Funding

EARLY_VCCompany Stage

BiotechnologyIndustries

11-50Employees

Risks

Intensifying competition from companies like Sangamo Therapeutics may impact Abata's market share.

Stringent FDA scrutiny on manufacturing could delay Abata's clinical trials.

Rising clinical trial costs pose financial risks to Abata's pipeline progression.

Differentiation

Abata focuses on Treg cell therapies for autoimmune diseases like MS and diabetes.

Their lead product, ABA 201, targets type 1 diabetes with remaining beta cell function.

Abata's strategic partnership with ElevateBio enhances their manufacturing capabilities.

Upsides

Recent investment from Bristol Myers Squibb boosts Abata's Treg therapy pipeline development.

FDA's accelerated approval pathways may expedite Abata's clinical trials.

Growing autoimmune disease prevalence increases demand for Abata's innovative treatments.

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