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INDIA - Senior Accountant

Praxis Precision Medicines, Inc.

United States

Remote

USD 80,000 - 120,000

Full time

3 days ago
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Job summary

Praxis Precision Medicines, Inc. is seeking an accountant to join their finance team, focusing on monthly closings, SEC reporting, and compliance. This remote position requires strong communication skills and experience with US accounting standards. Candidates from India are preferred due to location specifications.

Qualifications

  • 5+ years of experience in accounting or audit.
  • Strong grasp of US and Indian accounting standards is required.
  • Big 4 public accounting experience preferred.

Responsibilities

  • Lead monthly close process for key business areas.
  • Ensure compliance with statutory requirements including GST and income tax filings.
  • Support the SEC Reporting team.

Skills

Communication
Detail-oriented
Problem-solving
Analytical skills
Team collaboration

Education

Bachelor’s or Master’s degree in Accounting
CPA preferred

Job description

Location: This is a remote position based in India, with flexibility for occasional travel as determined by business needs. Note that due to limitations in some internal systems or third-party job platforms, the location may appear as “United States” in certain fields. However, this role is intended to be filled by a candidate located in India.

The Opportunity

This role is an exciting opportunity to join Praxis’ finance team within the accounting group and is remote based in India . Responsibilities include monthly closing activities, such as recording journal entries, preparing account reconciliations, preparing rollforwards and performing detailed account analyses. This role will also largely support our SEC financial reporting process, including preparation and filing of our quarterly and annual reports, as well as assisting with quarterly reviews and annual audits by external auditors. This position requires the ability to work in a collaborative manner with the finance team, other members of the business and key external stakeholders . The successful candidate will be self-motivated, resourceful, have strong communication skills and have the ability to work both in a team and independently at a fast-growing biopharmaceutical company. The ideal candidate will have a strong grasp of US and Indian accounting standards.

Primary Responsibilities

  • Lead monthly close process for key business areas, including, but not limited to cash, investments and G&A accruals.
  • Assist with accounts payable & vendor management.
  • Ensure compliance with statutory requirements including GST, TDS, PF/ESIC, and income tax filings.
  • Support the SEC Reporting team, including populating and filing 10-Q, 10-Ks and 8-Ks
  • Support internal and external audit and quarterly reviews.
  • Assist with SOX compliance, including documentation of controls and execution of responsibilities to ensure the control environment is operating effectively.
  • Operate within a Finance function that is team oriented and a partner to the business.
  • Ad hoc projects, as necessary.

Education and Professional Preferred Experience

  • Bachelor’s or Master’s degree in Accounting
  • CPA preferred
  • 5+ years of experience in accounting or audit. Big 4 public accounting experience preferred.
  • Prior employment in biotechnology industry preferred.
  • Knowledge of US GAAP, SOX 404 and SEC reporting standards.
  • Detail oriented, ability to accomplish multiple tasks within the agreed upon time frames through effective prioritization of duties.
  • Excellent communication skills; ability to work collaboratively with the finance team, other parts of the business and with key external stakeholders.
  • Ability to be flexible and work analytically in a dynamic, fast-paced environment.

The physical and mental requirements of our roles include but are not limited to regular use of a computer, devices or other office equipment, clear communication, and occasional movement. You'll need comfort with screen work, basic hand coordination, and focus. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.

Company Overview

Praxis Precision Medicines is a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system disorders characterized by neuronal imbalance. At Praxis we share a common vision of reshaping the human condition into a more freeing and fulfilled existence by developing high impact medicines for patients and families affected by and living with complex brain disorders. Our core Values of Trust, Ownership, Curiosity and Results are foundational to every aspect of our business and are exemplified by each and every one of our team members.

Diversity, Equity & Inclusion
Guided by our core values, at Praxis Precision Medicines, Inc. we continue to DARE FOR MORE to advance, promote, and champion diversity, equity, and inclusion by encouraging individuals to bring their authentic selves and perspectives to work each day. We are an equal opportunity employer and committed to providing opportunities to all qualified applicants without regard to race, religious creed, color, gender identity or expression, age, national origin, sexual orientation, disability, genetics, military service and veteran status, or any other characteristic protected by federal, state, or local laws.

Attention: Job Scam Alert
Praxis has recently become aware of fraudulent job recruitment postings from individuals claiming to represent Praxis. These postings seek financial information in connection with fraudulent opportunities for employment. If you suspect any fraudulent activity or misrepresentation in connection with a Praxis job opportunity, please report it to careers@praxismedicines.com .

Praxis does not accept unsolicited submissions from recruitment agencies for open positions. We ask all recruitment agencies to refrain from contacting any Praxis employee regarding any position. All unsolicited resumes submitted by recruitment agencies to any Praxis employee in any form or method will be deemed to be the property of Praxis, and Praxis explicitly reserves the right to hire those candidate(s) without any financial obligation to the recruitment agency.

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I hereby authorize Praxis Precision Medicines, Inc. (the "Company") or any designated officer, employee, agent, or representative to confer with the references that I have provided consent to contact. I understand that the Company may ask my references questions about my educational background, work experience, achievements, performance, attendance, and reason for separation from former employment, among other things. I expressly authorize my references to answer such questions.

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I certify that all information I have provided in order to apply for and secure work for this Company is true, complete, and correct. All information and documents previously provided to the Company in connection with my application for employment are incorporated by reference herein. I further agree that any information and documents provided to the Company will be true, complete, and correct.

I understand it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

I understand that any information provided by me that is found to be false, incomplete or incorrect in any respect will be sufficient to (i) constitute sufficient grounds to reject my application for employment without further consideration, or (ii) constitute sufficient grounds to discharge me from employment, whenever it is discovered.

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I understand that this application remains current for thirty (30) days. At the conclusion of that time, if I have not heard from the Company and still wish to be considered for employment, it will be necessary to reapply and fill out a new application. If I am hired, I understand that I am an at-will employee who is free to resign at any time, with or without cause or notice, and that the Company reserves the same right to terminate my employment at any time, with or without cause or notice, in accordance with applicable law. I understand that if I choose to voluntarily terminate my employment, the Company may either permit me to continue my employment during the notice period or accept my resignation immediately. This application does not constitute an agreement or contract for employment for any specified period or definite duration. I understand that no supervisor or representative of this Company is authorized to make any assurances to the contrary and that no implied, oral or written agreements providing any specified period or definite duration of employment are valid unless they are in writing and signed by the Company’s president.

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I also understand that if I am hired I will be required to provide proof of my identity and legal authority to work in the United States and that federal immigration laws require me to complete an I-9 Form in this regard.

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As set forth in Praxis Precision Medicines, Inc. ’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

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