Controller

Benefits:

• 401(k) matching
• Bonus based on performance
• Competitive salary
• Dental insurance
• Flexible schedule
• Paid time off
• Parental leave
• Stock options plan
• Tuition assistance
• Wellness resources

Company Overview:

At Avalyn Pharma, we are focused on enhancing the lives of patients with rare respiratory diseases through the development of innovative inhaled therapies. Our lead asset is Phase 2b-ready for the treatment of pulmonary fibrosis.

Position Overview:

Avalyn Pharma is seeking an experienced Controller to be responsible for building out and leading many aspects of our critical financial function. This role will provide development, leadership and oversight for accounting operations to potentially include; R&D accounting, cash and AP management, general ledger activities, technical accounting, payroll, SOX/internal controls, financial close process and SEC filings, financial consolidations, and audit and tax oversight and support. The Controller will lead the accounting function and will require an experienced hands-on professional to implement processes and procedures to meet our fast-growing operation needs and is willing to “roll-up sleeves” and be hands-on. This is a growing organization that offers amazing benefits and a bonus package. This position will report to the Vice President, Finance.

Key Responsibilities:

• Manage the company’s general ledger, accounts payable, fixed assets, research and development accounting, stock compensation, payroll, financial analysis, budgeting and forecasting
• Prepare timely monthly financial statements, reporting packages and other reports, ensuring they are in accordance with GAAP and fairly and accurately reflect the company’s financial position
• Coordinate and/or assist in the preparation of annual budget, and quarterly and monthly internal reporting of actual and forecasted results
• Develop and maintain necessary accounting policies, procedures and systems to ensure compliance with GAAP and maintain strong internal controls
• Review contracts (license agreements, debt agreements, etc.) for proper accounting treatment
• Manage compliance with local, state, and federal government reporting requirements and tax filings
• Coordinates year-end and quarterly audits with external auditors and assist in the preparation of audit schedules, data, information and financial statements.
• Manage and lead team development for the accounting team to include accounts payable, staff accountants, etc.
• Assist in preparations of monthly, quarterly and annual government/regulatory filings as needed
• Work with HR regarding payroll process and ensure proper financial reporting of payroll.
• Create, maintain and ensure policies and procedures are followed
• Understand the financials of the company in order to meet legal requirements and keep the financial state in good standing
• Manage financial communications with collaborators
• Manage specific projects and initiatives unique to a fast-growing biotechnology start-up, such as building strong internal controls, creating effective business processes and systems, and coordinating and oversee activities in accordance with established regulations.

Key requirements for this role are:

• BA/BS degree and CPA or equivalent required; advanced degree preferred
• Public accounting and SEC reporting experience preferred
• 8-10 years of public, industry, and accounting management experience
• 5+ years of Biotech experience preferred
• Extensive knowledge of GAAP and SOX
• Experience with financial reporting, financial analysis, forecasting and budgeting
• Experience managing relationships with external auditors
• Financial systems and process improvement experience
• Proven organizational skills with the ability to prioritize and work well in an environment with competing demands
• Experience leading a private biotech company on the path to public company readiness is highly preferred
• Proven experience working in a team under pressure to meet deadlines
• Strong technical accounting and research skills - ability to research and conclude on complex accounting issues, including revenue recognition, stock-based compensation, contingencies and debt agreements and amendments
• Strong leadership, problem-solving and interpersonal skills
• Expertise in spreadsheets, pivot tables and data analysis
• Solid foundation in SEC rules and regulations and SOX compliance
• Startup minded: high energy, low maintenance, self-starter that is comfortable in a fast-paced environment
• A track record of being hands-on and implementing process improvements and other initiatives for a company going through various growth phases
• Excellent communication skills (both verbal and written), e.g. in articulating sometimes complex financial issues, synthesizing diverse concepts, and relaying relevant issues from a business perspective
• Technically savvy with systems and ability to build processes and utilize technology to enhance productivity, reduce errors, and mitigate risks.
• Proficiency in Microsoft Office (Excel, Word, Microsoft Project, PowerPoint) or relevant Project Management software
• Cultural fit: genuine, collaborative, innovative, data-driven, and goal-oriented
• Ability to adapt to small-company hands-on culture
• Additional duties may be assigned, and evenings, weekend and holiday work may be required

This is a remote position.