Senior R&D Accountant, Contract
Arsenal Biosciences, Inc.
contract
Posted on:
Location Type: Hybrid
Location: South San Francisco • California • 🇺🇸 United States
Visit company websiteSalary
💰 $55 - $79 per hour
Job Level
Senior
About the role
- Partner closely with FP&A and Clinical Operations to prepare clinical trial accruals based on trial activities/progress
- Lead cost tracking for all R&D spend, including contract management, project progress vs. budget, FTE allocations, and percentage-of-completion reporting
- Prepare monthly R&D accruals for all programs to accurately record CRO activities, and other R&D related actual spend
- Execute the month-end close process, including journal entries, account analyses, and balance sheet reconciliations for assigned R&D and clinical cost areas
- Collaborate with R&D Operations and the Contracts team regarding contract amendments, new contracts, and work orders for planned projects
- Review R&D purchase orders to evaluate percentage of completion, timing of deliverables, and alignment with project milestones
- Ensure timely and accurate reporting of actual R&D costs for revenue recognition and internal financial reporting
- Review and validate R&D PO coding and R&D invoices to ensure compliance with GAAP and internal accounting policies.
- Prepare consultant and contractor accruals, ensuring completeness, accuracy, and alignment with project milestones and contractual terms
- Support annual audit activities and internal control reviews by preparing schedules, analyses, and supporting documentation.
- Perform special projects and ad-hoc analyses as needed
Requirements
- Bachelor’s degree in Accounting or Finance with 7+ years of experience
- Prior experience in a publicly listed company strongly preferred
- Experience in the biotechnology or life sciences industry is a plus
- Strong understanding of the U.S. GAAP, particularly R&D accruals, consultant accruals, CRO accounting, and percentage-of-completion methods
- Minimum of 5+ years accounting experience
- Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
- Strong analytical skills with exceptional attention to detail
- Proactive, self-directed, and able to work independently with minimal supervision
- Excellent verbal and written communication skills
- Proven ability to work collaboratively in a team environment
Benefits
- Our people-first culture cultivates a deep respect for humanity
- We provide powerful tools to empower our employees to take charge of their career paths
- We believe in investing in our employees' well-being—both professionally and personally
- We are committed to hiring the best talent from diverse backgrounds
- ArsenalBio is an equal opportunity employer and deeply values diversity within our company
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
accountingfinancial reportingR&D accrualsconsultant accrualsCRO accountingpercentage-of-completion methodsjournal entriesaccount analysesbalance sheet reconciliationscost tracking
Soft skills
analytical skillsattention to detailproactiveself-directedindependent workcollaborativecommunication skillsability to manage prioritiesability to meet deadlinesteamwork
Certifications
Bachelor’s degree in AccountingBachelor’s degree in Finance