Senior Accountant at Abata Therapeutics

South San Francisco, California, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, PharmaceuticalsIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or a related field
Minimum 5 years’ experience in accounting, including at least 2 years in a senior or lead role
Strong understanding of US GAAP
Proficiency in NetSuite accounting software
Advanced Excel skills and familiarity with financial analysis tools
Excellent analytic, written, verbal and organizational skills with a proven ability to manage conflicting priorities to deliver a high-quality work product
Highly self-motivated individual who is disciplined, detail-oriented, and works well under pressure in a fast-paced deadline-oriented environment
Advanced Excel and Google Suite of products (Sheets, Docs, Slides) is a plus
Biotech/pharmaceutical industry experience preferred

Responsibilities

Support and adhere to a monthly close and year-end close schedule by preparing accurate journal entries and completing reconciliation and analyses for various accounts timely
Assist with monthly management financial packages (with analysis) and other management reports as requested (this includes understanding and clearly articulating the financial results of the company and preparing balance sheet, income statement fluctuation)
Coordinate with external auditors and provide required audit support
Prepare and support tax PBC request in various area (including federal, state and tax provision for audit requirement)
Process and oversee payroll through PayPro, ensuring accuracy in employee compensation, deductions, benefits, and tax withholdings
Reconcile payroll-related accounts and prepare payroll journal entries
Maintain confidentiality and ensure data integrity in all payroll and employee financial records
Assist account payable operations, including vendor invoices, payment processing, and purchase order reconciliation
Identify opportunities to automate and improve accounting processes using ERP systems or other tools
Work with cross-functional teams across the company to ensure proper support for the business unit
Work on ad-hoc request as needed and directed by management

Skills

Journal Entries

Account Reconciliation

Financial Reporting

Payroll Processing

PayPro

Tax Compliance

Audit Support

Monthly Close

Year-End Close

Balance Sheet Analysis

Income Statement Analysis

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.

Land your dream remote job 3x faster with AI

Try Jobo Free