Controller

Categories: Finance
Crinetics is a pharmaceutical company based in San Diego, California that develops much-needed therapies for people with rare endocrine diseases. We were founded by a dedicated team of scientists with the simple belief that better therapies developed from rigorous innovation can lead to better lives. Our work continues to make a real difference in the lives of patients. We have a prolific discovery engine and robust pipeline across preclinical and clinical development. We are driven by science with a patient-centric and team-oriented culture. This is an exciting time to join Crinetics as we shape our organization into the world’s premier fully integrated endocrine company from discovery to patients. Come join our team as we transform the lives of others. 
Position Summary: 

The Controller should have a deep understanding of financial accounting, reporting, and regulatory requirements specific to public companies in the pharmaceutical industry. The Controller will lead the financial reporting process and ensure the accuracy and reliability of all financial information. The Controller ensures that financial policies are established and enforced; records are kept in a timely manner and in accordance with GAAP; adequate controls are in place to safeguard the organization’s assets and in accordance with SOX requirements and processes are established and enforced to ensure compliance with SEC and other regulatory requirements.

Essential Job Functions and Responsibilities: 

These may include but are not limited to:

 
  • Manage the day-to-day operations of the accounting department including guiding decision making and building a robust financial infrastructure to support the needs of a publicly traded company.
  • Set, oversee, and adjust accounting department structure to optimize effectiveness and minimize risk.
  • Drive the preparation of accurate and timely consolidated financial statements each month to support internal and external reporting.
  • Review monthly financial statements including balance sheets, shareholder’s equity, profit and loss, and cash flow.
  • Assess system requirements for the accounting department in support of organizational growth; systems implementation experience or improvement experience; lead system implementations in core areas of responsibility.
  • Lead and direct corporate tax compliance for annual returns, annual provisions as well as tax projects, as needed.
  • Compile and maintain high-quality and organized documentation to support the disclosures in SEC filings.
  • Partner with SEC reporting and SOX compliance team members to design, document, and maintain effective internal controls over the accounting and financial reporting processes to ensure compliance with SOX 404b. 
  • Work with SEC reporting and SOX compliance team members to manage internal controls testing for general accounting functions.
  • Work with CFO and VP finance to monitor and manage cash and investments.
  • Supervise and oversee accounts payable and payroll.
  • Maintain the chart of accounts.
  • Growth mindset, with a focus on continual process improvement. Change agent capable of gaining commitment to action.
  • A collaborative style with the ability to partner and build trust and accountability across all levels of the organization.
  • Experience in biotech, pharmaceutical or medical device industry
  • A goal-oriented team player who thrives on strong performance and results.
  • Proactively initiate process improvements to enhance financial reporting and internal control processes.
  • Work with 3PL vendor to coordinate information gathering to support the accounting for revenue and inventory.
  • Effectively manage accounting team including supervising direct report(s) by providing regular feedback, setting annual goals, completing regular performance feedback evaluations.
  • Promote inclusive work environment for team and model inclusive behavior.
  • Partner with finance & accounting leaders to identify, hire, and train additional accounting personnel as the company grows.
  • Prepare ad-hoc financial reporting and analysis, as well as special projects as needed.
Education and Experience: 

Required: 

  • Bachelor’s degree in accounting, economics, or business administration with an accounting/finance emphasis
  • CPA certification
  • Minimum fifteen+ years’ work experience with relevant public company accounting and financial reporting; public accounting experience preferred
  • A minimum of five years managing teams
  • Proven ability to analyze financial data and prepare financial statements and disclosures SEC reporting experience
  • Understanding of clinical trial accounting
  • Strong technical accounting background
  • Equity administration and equity compensation accounting knowledge
  • Strong communicator with ability to maintain open communication with internal employees, managers and customers as needed
  • Strong writing skills to author accounting memos and external disclosures 
Physical Demands and Work Environment: 
Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities. 

Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply. 

Travel: 

You may be required to travel for up to 5% of your time. 

The Anticipated Base Salary Range:   $207,000 – $230,000

In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown. 

The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process. 

Equal Opportunity Employer:  
Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws 

Vaccination requirement: 

Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. “Full vaccination” is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.