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Senior Director/Director Technical Accounting

Company: Sorrento Therapeutics
Location: San Diego
Posted on: May 16, 2022

Job Description:

Job DescriptionSalary: DOE+Benefits+OptionsABOUT US Sorrento Therapeutics Inc. is a fast growing, clinical stage, antibody-centric, biopharmaceutical company developing new therapies to turn malignant cancers into manageable and possibly curable diseases. Sorrento's multimodal multipronged approach to fighting cancer is made possible by its' extensive immuno-oncology platforms, including key assets such as fully human antibodies ("G-MAB™ library"), clinical stage immuno-cellular therapies ("CAR-T"), intracellular targeting antibodies ("iTAbs"), antibody-drug conjugates ("ADC"), and clinical stage oncolytic virus ("Sephrevir®").We attract smart people who play well with others. We're small enough for your ideas to make a big impact, and large enough to offer you opportunities to grow professionally at any stage of your career.If you're a quick learner, enjoy working in the biotech industry, and share our mission of providing ground-breaking impact to medicine, each other, and our patients, Sorrento Therapeutics is the place for you! WHAT WE ARE LOOKING FOR: Sorrento Therapeutics ("Sorrento") is seeking an experienced Director of Technical Accounting.WHAT YOU'LL DO:Responsible for managing Sorrento's accounting policies, procedures, and positions on a range of technical accounting topics, including the implementation and compliance with new accounting standards. This role will include maintaining an inventory of position papers and working with the business and accounting team to ensure continued compliance with accounting policies and includes ensuring changes to the business that impact our accounting are addressed timely. ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Review accounting policies and procedures that ensure the highest level of operational efficiency for business units, while maintaining appropriate internal controls and compliance with US GAAP.
  • Lead development of technical memos for complex accounting matters (e.g., debt and equity financing, derivatives, business combinations, revenue recognition of new products, etc.) and oversee annual goodwill impairment testing.
  • Lead and manage the process and communication with external consultants and auditor on technical accounting matters
  • Be the main point of contact in supporting M&A transactions including due diligence, valuation, and purchase accounting
  • Responsible to facilitate the education and training of the global accounting team and broader finance organization on technical accounting matters
  • Deliver business partnership with multiple international and domestic executives and their teams within our organization.
  • Analysis and solutions for organizational issues
  • Builds a strong accounting organization and develops talent within the team for our long- term success.
  • Other duties as assigned.EDUCATION AND QUALIFICATIONS:
    • BS/BA in Business, Accounting or Finance with an MBA, CPA or equivalent postgraduate qualification.
    • 10+ years of experience at a "Big 4" public accounting firm, including significant SEC experience with companies with global operations or equivalent industry experience.
    • Ability to navigate and thrive in a fast-paced and constantly evolving environment.
    • Strong team leader and developer of talent.
    • Self-starter; surfaces and runs after problems.
    • Strong knowledge of GAAP and SEC reporting requirements.
    • Strong leadership, decision making and technical skills.
    • Excellent analytical capabilities YOUR REWARD: Support scientists who are on the leading edge of immunotherapies for the treatment of cancer. Earn a competitive salary that allows you to focus your attention on your passion.A comprehensive benefits package including medical, dental, vision, life and disability insurance, matching 401k, 10 paid holidays, and three-weeks' PTO, plus stock options.If this sounds like the right career to fit your personality and interests, please apply, we're looking forward to meeting you! Principals only. Recruiters, please don't contact this job poster. Sorrento Therapeutics, Inc. is an Equal Opportunity Employer

Keywords: Sorrento Therapeutics, San Diego , Senior Director/Director Technical Accounting, Executive , San Diego, California

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