Lyndra Therapeutics - Watertown, MA
posted 1 day ago
About the position
Lyndra Therapeutics is a clinical-stage biopharmaceutical company that is making daily pills a thing of the past. Our team has developed the first ultra-long acting pill that lasts a week or longer and can provide a wide range of medicines in a familiar oral capsule form. Our near-term focus is on addressing unmet needs where compliance is a documented issue and weekly or monthly doses would improve medication adherence and health outcomes. Lyndra's current pipeline includes therapies for schizophrenia, opioid use disorder, and family planning. The staff accountant is part of a small accounting team that oversees the financial operations and reporting for the Company and its wholly owned subsidiaries. This role will report directly to the controller. Overall responsibility of the staff accountant is to assist the controller in maintaining and controlling individual general ledgers of the parent and subsidiary entities in accordance with Generally Accepted Accounting Principles ("GAAP") by preparing standard journal entries, balance sheet account reconciliations, and financial analyses. This role will also be responsible for issuing purchase orders and processing all accounts payable ("AP") invoices. You will become the team's subject matter expert for the purchase order and accounts payable modules of the software used to process procure to pay. In addition, working in collaboration with the broader accounting group you will assist in developing processes and procedure enhancements including the implementation of internal controls. This position requires close coordination with the other members of the accounting department and more broadly across the organization for procure to pay processes. This role will also work with outside parties (e.g., external auditors, vendors, etc.). As part of a small team, this role has the opportunity to assist with broad corporate goals as time permits when daily and overall responsibilities are complete.
Responsibilities
- Exercising critical thinking in operational, financial, or transactional analysis to identify and help resolve any issues that may arise during the month and quarter end close process
- Ensure an understanding of the policies and processes for responsible areas
- Assist in the documentation of the payables process and procedures
- Identify, propose, and execute process or system improvements to increase effectiveness and efficiency
- Prepare certain balance sheet account reconciliations
- Generate purchase orders in accordance with Company policies and process all accounts payable invoices, including managing the AP inbox and processing employee expense reports
- Onboard new vendors, update, as needed, vendor master account data, and ensure proper documentation is maintained on vendors
- Assist in the preparation of yearend Form 1099s in accordance with internal revenue service guidelines
- Prepare weekly vendor payments
- Manage and reconcile all corporate credit card transactions
- Review employee expense reports for compliance with the Company's travel policy
- Ensure accurate and timely preparation and recording of journal entries in compliance with GAAP
- Preparation and/or review of monthly balance sheet account reconciliations work papers
- Assist with the tie out and footing of the periodic financial statements
- Assist in preparing and maintaining flowcharts of key processes and procedures
- Support external audits
- Update job knowledge by participating in educational opportunities and professional organizations
- Assist manager and team with ad hoc projects and analysis
Requirements
- Bachelor's or Master's degree in Accounting/Finance
- Inquisitive and eager to learn, develop and continuously improve within a team setting
- Passion for understanding processes and continuous process improvement
- Demonstrates clear and concise written and verbal communication skills appropriate to the audience and area of responsibility
- Ability to apply new methodologies that satisfy systematic and scalable processes
- Enthusiastic and shows an intense enjoyment and interest in accounting matters
- Detail oriented and capable of carrying out given tasks independently
- Positive attitude with flexibility to work well in a changing and fluid environment
- Consistently takes pride in the quality of their work
- Seeks feedback and perspective from others; knows when to ask for help and guidance or help prioritizing
- Ability to remain positive under pressure and to multitask in a deadline-driven environment while maintaining a high-level quality of work
- Demonstrates excellent judgment and acts with integrity when faced with complicated situations
- Awareness of technical accounting guidance and desire to learn how to research and determine appropriate treatment under GAAP
- Strong computer skills with proficiency in Microsoft Office products, including Excel
Nice-to-haves
- CPA, CMA, CIA, public accounting experience, or CPA candidate a plus
