Director of Accounting and Finance

Eitr Biologics, Inc., (Eitr) is a San Diego, CA based biotechnology company focused on the pursuit of novel next generation immunotherapeutics for the treatment of infectious diseases that are a current or emerging threat to public health. Our scientific approach emphasizes the development of technologies that will increase global accessibility to lifesaving immunotherapeutics. Eitr has fostered a robust and highly collaborative worldwide network of academic and government laboratories that share in our scientific goal to address unmet public health needs. Eitr employees can expect to work in a collaborative atmosphere to advance promising early-stage exploratory technologies to clinical stages of drug development.

Eitr currently has an opening for a Director of Accounting & Finance that is willing to work on accounting and finance tasks in addition to supervising work performed by other accounting and finance team members. Listed below are some of the important qualifications and responsibilities of the position.

Position Overview

As the Director of Accounting & Finance, you will play a pivotal role in overseeing financial operations, ensuring compliance with government regulations, and providing strategic financial guidance to executive leadership. You will lead a dedicated accounting and finance team and collaborate closely with project managers and stakeholders to manage budgets, forecasts, and financial reporting.

Responsibilities

• Revenue Recognition: Apply ASC 606 for revenue recognition. Thoroughly understand upfront payments and proper accounting for revenue associated with those payments.
• Lease Accounting : Ability to properly account for all leases according to ASC 842.
• Accrue Liabilities : Properly accrue liabilities of subcontractors and other service providers.
• Financial Strategy: Develop and execute financial strategies that align with the company's goals and objectives within the government contracting space.
• Budget Management: Oversee the preparation, analysis, and management of project budgets, ensuring adherence to contract requirements and government regulations.
• Compliance: Ensure strict adherence to government contract regulations, including the Federal Acquisition Regulation (FAR) and Defense Contract Audit Agency (DCAA) requirements.
• Financial Reporting: Prepare and present accurate and timely financial reports to executive leadership, project managers, and government agencies as required.
• Risk Management: Identify financial risks and develop strategies for risk mitigation within government contracts, including cost overruns and contract modifications.
• Audit Management: Coordinate, manage, and prepare auditable financial statements for financial audits performed by external agencies or government entities, addressing findings and implementing corrective actions as necessary.
• Forecasting: Lead the development of financial forecasts, cash flow projections, and financial modeling to support decision-making.
• Contract Pricing: Collaborate with operations and proposal teams to ensure accurate and competitive pricing for government contracts.
• Team Leadership: Oversee the finance and accounting team, training and recruiting as necessary to foster a high-performance and compliant finance team.
• Continuous Improvement: Drive process improvements and automation initiatives within the finance department to enhance efficiency and accuracy.
• Documentation: Document policies and procedures to comply with audit and government expectations.
• Other Duties. Other duties may be assigned.

Requirements

Basic Qualifications

• Bachelor's degree in finance, accounting, or a related field.
• CPA certification.
• Minimum of 10 years of experience in accounting and financial management, with a strong background in government contracting.
• Thorough understanding of GAAP accounting.
• In-depth knowledge of government contract regulations, including FAR, DCAA, and relevant compliance standards.
• Exceptional financial analysis and reporting skills.
• Strong leadership and team management abilities.
• Proficiency in financial software and systems.
• Excellent communication and presentation skills.

Physical Demands of the Position Offered

The physical demands described here are representative, but not exhaustive, of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• On-site role: This is a full-time position that requires the employee to physically report to the jobsite on a regular basis. Opportunities for remote/hybrid work schedules can be discussed.
• Sitting: The Director of Accounting & Finance may spend a substantial portion of their day sitting at a desk, working on a computer, attending meetings, and conducting phone calls. Prolonged sitting can lead to issues like back and neck strain, so it's important to have an ergonomically designed workspace.
• Walking: While this is predominantly an office-based role, the Director of Accounting & Finance may need to walk to attend meetings within the office or interact with team members in various departments.
• Standing: The Director of Accounting & Finance may occasionally need to stand during meetings or presentations. While this is not a primary part of the job, it can occur during team discussions or project status updates.
• Travel: On rare occasions and depending on the nature of the projects and the industry, the Director of Accounting & Finance may need to travel to meet with clients, stakeholders, or team members. Travel can involve sitting for extended periods during flights or car journeys and may require standing and walking during on-site visits.
• Lifting: In most cases, the Director of Finance do not have heavy lifting requirements as part of their role. However, they may occasionally need to lift and carry documents, project materials, or equipment, although this is typically infrequent and light in nature.
• Stress: While not a physical demand in the traditional sense, stress management is crucial in project management. The mental and emotional demands of the job can impact physical health, so it's important for project managers to incorporate stress-reduction techniques into their routines.

Benefits

Eitr reasonably expects the annual base compensation for this role to be between $175,000 and $190,000. Subject to certain terms and conditions, the role will be eligible for a generous PTO policy including vacation, sick, and holiday time, medical, dental, and vision coverage, and up to 6% 401(k) contributions.

Eitr is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee based on race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, or any other legally recognized protected basis under federal, state, or local law. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.

Eitr is also committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please let us know the nature of your request and your contact information.

Eitr is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as H, L, TN, F, J, E, O.

Qualification

Bachelor's Degree