Madrigal Pharmaceuticals

Madrigal Pharmaceuticals

Executive Director Controller

MA - Waltham - Office, USA · Director · Full-time

Sponsorship not specified$274k-$335kDetected 27 days ago
ComplianceProject ManagementFinancial AnalysisAccountingFP&ASupply ChainERPHRCompensationClinical TrialsFDA RegulatoryLeadershipCommunicationCollaborationOrganizational SkillsGAAPSarbanes-OxleyFinancial ReportingInternal AuditNetSuite

About the role

  • Every member of our Madrigal team is connected by our shared purpose: leading the fight against MASH.
  • Rezdiffra is the first and only medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3).
  • An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c).

Responsibilities

  • Manage the day-to-day operations of the accounting department to support the needs of a publicly traded company, including timely and accurate month-end, quarter-end, and year-end close processes and compliance with regulatory requirements (i.e. SEC filings, statutory financial statements etc.).
  • Collaborate with various internal and external partners, including non-finance operating teams, to provide financial data timely, share relevant insights and strategic recommendations to senior management and cross functional stakeholders.
  • Partner with supply chain teams to ensure accurate COGS reporting and inventory valuation.
  • Direct the collaboration with R&D FP&A partners to ensure accurate and timely accruals for clinical studies and R&D activities.
  • Maintain, update and create global accounting policies and position papers to support US GAAP
  • review that underlying processes, systems and the broader control environment to support compliance with global accounting policies and other regulatory requirements.
  • Collaborate with technical accounting team to review complex accounting transactions, proposed accounting treatments and approach to operationalize policies
  • partner with global accounting talent to ensure that operational aspects of any policy and systems implementations are compliant with applicable standards and requirements.
  • Ensure that internal controls over financial reporting are designed and operate effectively.
  • collaborate with members IT leadership to evolve and develop a financial systems roadmap and infrastructure that will support significant growth and effectively scale with increased complexity.

Requirements

  • Bachelor's or master's degree in Accounting, Finance, or a related field
  • CPA certification is required.
  • 18+ years of experience in finance and accounting, with at least 3 years of experience in a leadership role
  • Strong knowledge of GAAP and financial reporting requirements
  • Experience with the application of Sarbanes Oxley (SOX) required.
  • Strong analytical skills and the ability to provide strategic recommendations based on financial data.
  • Strong understanding of commercial business, ideally in the pharmaceutical sector
  • Demonstrated ability to combine attention to detail with big picture perspective, operationalizing via excellence in project management and effectively managing multiple projects/priorities.
  • Excellent leadership and communication skills, with the ability to collaborate effectively with cross-functional teams.
  • History of productive and collaborative relationships with assorted audit teams and other necessary third parties
  • Ability to work in a fast-paced environment and manage multiple priorities, while filling gaps as needed.
  • Ability to deliver thoughtful and clear work products to a high standard and communicate this effectively in writing and orally.
  • Ability to be productively assertive and able to lead without direct authority to problem-solve collaboration and program issues with cross-functional teams.

Nice to have

  • Oversee revenue accounting in compliance with ASC 606, gross to net accounting and government pricing calculations and compliance.
  • Experience in the biotech or life sciences industry is strongly preferred.
  • Experience with financial software, such as NetSuite or similar solutions, as well as experience overseeing systems/application implementations, integrations and migrations preferred.

Compensation

  • Lead the engagement with external auditors in support of annual audits, quarterly financial reviews, and internal controls testing, partnering with internal and external stakeholders as appropriate.
  • Partner with FP&A and assist in the preparation of annual budgets and quarterly forecasts.
  • As of the date of this posting, a good faith estimate of the current pay scale for this position, applicable to all candidates, is $274,000 - $335,000 per year.

Benefits

  • Madrigal's Total Rewards strategy is based on a biotech industry peer group comparator and is inclusive of base pay, bonus and equity.
  • Our equity offers meaningful opportunity allowing our employees to share in the success they help create.
  • All employees receive equity, which we believe reinforces our ownership culture.
  • Base salary is determined by several factors including the candidate's qualifications, skills, education, experience, business needs and market demands.
  • All full-time employees receive equity, which reinforces our ownership culture and offers meaningful opportunity for our employees to share in the success they help create.
  • We also offer additional voluntary benefits like supplemental life insurance, legal services, and other offerings.
  • In addition, we offer mental health benefits through our Employee Assistance Program for employees and their family.
  • The company also provides other benefits in accordance with applicable federal, state, and local laws.

Company info

  • Madrigal is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a serious liver disease that can progress to cirrhosis, liver failure, need for liver transplantation and premature mortality.
  • We are committed to providing reasonable accommodations for individuals with disabilities throughout the hiring process.

Equal opportunity

  • Equal Opportunity Employer.

This listing is sourced directly from Madrigal Pharmaceuticals's careers page and normalized into a canonical job model.