Senior Manager, Technical Accounting recruitment
Cubist Pharmaceuticals (NASDAQ: CBST) is a biopharmaceutical company focused on the research, development and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment. Founded in 1992, Cubist is headquartered in Lexington, MA and has just over 600 employees. Cubist has been ranked among the Top 100 Performing Companies by The Boston Globe for two consecutive years based on financial performance and Forbes ranked Cubist among the Most Trustworthy Mip-Cap Companies. CEO Mike Bonney was also recently awarded the MassBio Leadership Initiative Award for demonstrating active support in the community and a commitment to growth in Massachusetts
DESCRIPTION:
POSITION SUMMARY
The Senior Manager, Technical Accounting will be responsible for the accurate and timely assessment of new or complex accounting issues arising from both business transactions and the implementation of new accounting pronouncements. Specific areas of expertise include revenue recognition for multiple-element arrangements, variable interest entities, accounting for financial instruments and equity arrangements, fair value measurements, asset impairment assessments, contingencies, and business combination/asset acquisitions
KEY RESPONSIBILITIES:
- Serving a leading role in the implementation of certain FASB/IASB convergence projects, providing consultation and/or presentations to other functional groups on the related impact to financial planning, processes, policies and internal controls
- Performing/overseeing technical accounting research, interpreting and appropriately applying guidance to relevant facts and circumstances, preparing/reviewing formally written position papers on accounting issues, and articulating positions to varying levels of the organization and to external auditors
- Oversight of revenue recognition accounting, particularly reserves and multiple-element arrangements
- Establishing, communicating, and maintaining accounting policies in accordance with U.S. GAAP
- Monitoring pending and newly issued accounting pronouncements, and proactively assessing the impact to the business
- Ad hoc projects and assessments to determine accounting impact of pending or proposed transactions
MINIMUM BASIC QUALIFICATIONS:
- Minimum of 8 years of public accounting or a mix of public accounting and experience in a publicly-traded company performing technical accounting functions
- Active CPA license required
- BS/BA in Accounting
PREFERRED QUALIFICATIONS AND EXPERIENCE:
- 8+ years of straight public accounting or 10+ years of a mix of technical accounting experience in a publicly-traded company and public accounting
- ‘Big 4’ public accounting firm experience highly preferred
- 3+ years of experience managing staff
- Pharmaceutical / Life Sciences industry experience a plus
- Excellent written and verbal communication skill
- Extensive knowledge of U.S. GAAP; IFRS a plus
- Demonstrated ability to interpret and apply complex accounting guidance pursuant to existing and pending FASB, IASB, and SEC reporting requirements and to prepare formal and well-supported accounting position papers
COMPETENCIES:
- Excellent project management skills, with proven ability to manage competing priorities within deadlines, while maintaining a strong attention to detail
- Proactive and self-motivated individual, who maintains a sense of urgency in a fast-paced environment while balancing a commitment to quality of work product
- Ability to break down complex issues and tailor communication style to a range of audiences, including non-accountants, and to clearly articulate ideas, solutions and conclusions to stakeholders
- Ability to make well-reasoned and timely decisions, possessing a skill for problem analysis and creative solutions
- Proven ability to manage, develop and retain staff
- Ability to establish rapport and effective working relationships with both internal and external constituents
WORK ENVIRONMENT:
- Office
PHYSICAL DEMANDS:
- N/A
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily within the context of the representative work environment and physical demands described above. Likewise, qualifications listed are representative of the knowledge, skills, and abilities required to perform the position’s essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
TOTAL REWARDS:
Our outstanding total rewards package includes: competitive base salary; annual incentive plan with cash payouts based on results; company-wide performance based equity program; choice of medical plan; dental, life and disability insurance; employee assistance program; flexible spending accounts; 100% vesting in our 401K plan with a competitive company match; employee stock purchase plan; tuition reimbursement; childcare and eldercare subsidy; 12 paid holidays, 4 of which are floating; 3 weeks vacation; fitness reimbursement program; flexible work schedules; comprehensive reward and recognition program.
Submitting a resume online at a job site could cause valuable screening information to be missed. We are an Equal Opportunity Employer.
Cubist Pharmaceuticals values its partnerships with 3rd party vendors who work within our established employment processes. All 3rd party resumes must be submitted through the agency portal to the position(s) for which they are authorized to recruit. We will not accept unsolicited resumes from employment agencies for any employment opportunity. All resumes submitted by search firms to any employee at Cubist via-email, the Internet or directly to hiring managers in any form without a signed agency agreement on file and search engagement for that position will be deemed unsolicited in nature, and no fee will be paid in the event the candidate is hired by Cubist as a result of the referral or through other means. Note: Any search agreement entered into and not renewed by Cubist prior to November 2009 are hereinafter void. Employment agencies are an important component to our talent acquisition strategy and we value the partnerships we have built with our preferred vendors. For this reason, we have an established and regularly maintained preferred vendor list. Please note that even preferred vendors must be engaged by Cubist and have agency portal permission granted for the specific position in order for a fee to be paid for any candidate referrals.
APPLY:
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