Senior Accountant

| Hybrid
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We’re looking for a staff/senior accountant to help change the future of medicine.Note: This role is based at our NYC HQ but with a hybrid wfh/in-office model.

Of the several thousand known diseases that affect humans, only ~500 have treatments; few have cures.

Despite advances that have made the discovery of new drug candidates faster than ever, thousands of potential treatments remain "on the shelf," untested, because of the enormous bottleneck of putting them through clinical trials. On average, getting a drug through the trial process takes nearly a decade and frequently costs over $1B -- and over time, the problem has only gotten worse. As a result, only a select few treatments ever get a shot at reaching patients who need them. To make matters worse, the high cost of clinical trials often results in high drug prices for patients.TrialSpark is a new healthcare company on a mission to bring treatments to patients faster and more efficiently by reimagining clinical trials.Join us in changing the way physicians, researchers, and patients work together to advance medical research.

We are looking for a driven and organized staff or senior accountant who is driven by a fast-paced environment. The person who excels in this role will quickly learn how things are currently done, take full ownership of those processes, and suggest and implement improvements. This person should be ready to roll up their sleeves and get into the details. This role is critical in enhancing the efficiency and structure of TrialSpark’s financial reporting.

Responsibilities

  • Contribute to the monthly close and handle complex components of the process in partnership with other team members to complete the monthly close
  • Process vendor payments, employee expense reimbursements, and study-related payments
  • Send, collect and track customer invoices
  • Perform monthly balance sheet reconciliations
  • Assist with financial system implementation, integrations, and improvements
  • Performing regular flux analysis to deliver key insights to the team and key stakeholders
  • Collaborate cross-functionally with other departments
  • Collaborate with FP&A to deliver insights from actuals and how they impact future results
  • Support technical accounting requests as needed. This may include stock compensation, revenue recognition under ASC 606, taxes
  • Assist in external financial audit with timely and accurate PBC requests and supporting schedules
  • Respond to ad hoc financial requests 

Requirements

  • Detail oriented
  • Ownership mentality
  • Willingness to go above and beyond expectations and assist other team members
  • 2-4 years of experience
  • Bachelor’s degree in accounting/finance/related field
  • GAAP Proficient
  • CPA Preferred but not required
  • Experience in public accounting and/or in-house Finance/Accounting department
  • Strong proficiency in Microsoft Excel
  • Knowledge of NetSuite, Bill.com, Expensify

You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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Technology we use

  • Engineering
  • Product
  • People Operations
    • JavascriptLanguages
    • PythonLanguages
    • ReactLibraries
    • ReduxLibraries
    • FlaskFrameworks
    • PostgreSQLDatabases
    • LookerAnalytics
    • FigmaDesign
    • MiroDesign
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • JIRAManagement
    • SlackCollaboration
    • ZoomCollaboration

Location

Our office is located in Manhattan, near the Empire State Building. The area is lively and has great food and transportation options!

An Insider's view of Formation Bio

What’s the vibe like in the office?

The space is very open which makes it easy to collaborate and engage with different teams across the organization. People are very welcoming, supportive, and friendly. There is always a variety of different food and drinks available in the kitchen, in addition to foods that co-workers bring in for everyone to taste!

Joseph Frappaolo

IT Support Technician

What projects are you most excited about?

The project that excites me most is our new hire onboarding program because of the impact it will have on our company. Though we have a robust onboarding program in place already, we have the opportunity to think creatively about how to make the experience even better for our new hires, from the moment they accept our offer.

Erin Siegel

Senior People Operations Manager

How has your career grown since starting at the company?

I started working at Formation Bio in July of 2018. I joined the company as a Clinical Research Coordinator and was allowed to grow and adapt into new roles as the company's business model shifted. I transitioned into working as a Clinical Trial Associate after a couple of years, and now have over a year of experience as a Clinical Project Manager!

Gurpreet Singh

Clinical Project Manager

How has your career grown since starting at the company?

Formation Bio has given me the opportunity to take ownership over big projects and work streams, allowing me to have an impact on key functional business areas.

Maya Dongier

Senior Accounting Manager

What are Formation Bio Perks + Benefits

Formation Bio Benefits Overview

Formation Bio is nothing without its employees, so they are well taken care of! We offer comprehensive benefits that span from insurance to 401ks, with added perks like a pet-friendly office. Come meet our office dog, Rosie!

Culture
Open door policy
Open office floor plan
Employee resource groups
Hybrid work model
Flexible work schedule
Diversity
Mandated unconscious bias training
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental insurance
Vision insurance
Health insurance
Life insurance
Financial & Retirement
401(K)
Company equity
Pay transparency
Child Care & Parental Leave Benefits
Generous parental leave
Vacation & Time Off Benefits
Unlimited vacation policy
Paid holidays
Paid sick days
Office Perks
Company-sponsored outings
Yearly retreat and holiday party, regular team events and outings!
Free snacks and drinks
Company-sponsored happy hours
Fitness stipend
Home-office stipend for remote employees
Mother's room
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Continuing education stipend
Virtual coaching services

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