Manager, Accounting

Parabilis Medicines

Cambridge (MA)

On-site

USD 125,000 - 135,000

Full time

20 hours ago
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Benefits offered by this job

Annual target bonus
Equity
Comprehensive benefits

Job summary

Parabilis Medicines, a clinical-stage biopharmaceutical company in Cambridge, MA, seeks a Manager, Accounting, to join our finance team and drive a wide range of accounting activities. You will partner with leadership to ensure accurate financial reporting, internal controls, and process improvements while supporting tax and payroll functions.

The role requires 5+ years in accounting, a Bachelor's in accounting, and excellent organizational and analytical skills.

Qualifications

  • Bachelor's degree or higher in accounting or related area
  • 5+ years of relevant experience, preferably in public and/or biopharmaceutical company
  • CPA preferred
  • Extremely well-organized, goal-oriented, with ability to deliver high-quality results on time
  • Strong analytical and problem-solving skills with attention to detail
  • Ability to identify inconsistencies, investigate issues, and develop practical solutions
  • Experience with NetSuite/Concur/ADP/FloQast is a plus
  • Excellent written and verbal communication skills
  • Willingness to work on-site and attend in-person meetings

Responsibilities

  • Prepare monthly journal entries, support schedules, account reconciliations, and analyses across cash, investments, prepaids, fixed assets, accruals, and leases
  • Prepare and maintain accounting schedules and transaction support for collaboration arrangements
  • Contribute to quarterly accrual meetings and journal entry preparation
  • Manage month-end and quarter-end closes with timely completion
  • Support annual tax return filing and reporting processes
  • Execute and maintain internal controls over financial reporting
  • Assist with process improvements and automation initiatives
  • Crosstrain on payroll processing and backup equity administration
  • Assist with ad hoc projects and cross-department collaboration
  • Collaborate with finance and other departments to ensure accurate reporting

Skills

Attention to detail
Analytical thinking
Organized
Excel proficiency
AI tools awareness

Education

Bachelor's degree in accounting
CPA preferred

Tools

NetSuite
Concur
ADP
FloQast
Excel

Job description

About Parabilis Medicines

Parabilis Medicines is a clinical-stage biopharmaceutical company dedicated to creating extraordinary medicines for patients with serious diseases by unlocking biologically important targets long considered undruggable. The company has pioneered a new class of alpha-helical peptides – Helicons™ – capable of modulating intracellular proteins that have historically been beyond the reach of conventional medicines. The company's lead investigational medicine, zolucatetide, is the first and only direct inhibitor of the β-catenin:TCF interaction, a central node in the Wnt/β-catenin pathway that has eluded drug developers for decades. Zolucatetide is being evaluated in the clinic across multiple Wnt/β-catenin-driven diseases, including desmoid tumors, familial adenomatous polyposis (FAP) and a range of other solid tumor indications. Beyond zolucatetide, Parabilis is advancing additional Helicon-based programs focused on other challenging targets where we believe our medicines could have life-altering impact. For more information, visitwww.parabilismed.com or follow us on LinkedIn.

About Parabilis Medicines

Parabilis Medicines is a clinical-stage biopharmaceutical company dedicated to creating extraordinary medicines for patients with serious diseases by unlocking biologically important targets long considered undruggable. The company has pioneered a new class of alpha-helical peptides – Helicons™ – capable of modulating intracellular proteins that have historically been beyond the reach of conventional medicines. The company's lead investigational medicine, zolucatetide, is the first and only direct inhibitor of the β-catenin:TCF interaction, a central node in the Wnt/β-catenin pathway that has eluded drug developers for decades. Zolucatetide is being evaluated in the clinic across multiple Wnt/β-catenin-driven diseases, including desmoid tumors, familial adenomatous polyposis (FAP) and a range of other solid tumor indications. Beyond zolucatetide, Parabilis is advancing additional Helicon-based programs focused on other challenging targets where we believe our medicines could have life-altering impact. For more information, visitwww.parabilismed.com or follow us on LinkedIn.

What's the opportunity?

Parabilis Medicines is seeking a Manager, Accounting, who shares our passion to impact patients by drugging previously undruggable targets, inspires excitement and results in others and has the confidence and credibility to partner with all levels of the organization. The Accounting Manager will report to the Company's Director of Accounting and will serve as a key contributor across a variety of accounting and finance activities. This role is an ideal opportunity for someone to grow their career in the biotech/life sciences industry.

Key responsibilities
  • Prepare monthly journal entries, support schedules, account reconciliations, and other analyses covering a range of accounting areas including cash, investments, prepaids, fixed assets, accruals, and leases, among others.
  • Prepare and maintain accounting schedules and transaction support related to multiple collaboration arrangements.
  • Contribute to quarterly accrual meetings and journal entry preparation.
  • Manage assigned responsibilities within the month-end and quarter-end closes, coordinating with the accounting team to ensure accurate and timely completion of all tasks.
  • Support the company's annual tax return filing and reporting processes.
  • Execute and maintain internal controls over financial reporting as they relate to relevant functions.
  • Assist with accounting/finance process improvements, including proactively identifying opportunities to simplify, standardize, and automate processes.
  • Crosstrain on payroll processing and serve as backup equity administrator.
  • Assist with ad hoc projects and initiatives as required.
  • Collaborate with all finance team members and colleagues from other departments to support accurate financial reporting and effective accounting operations.
What you'll need to be successful:
  • Bachelor's degree or higher in accounting or related area.
  • 5+ years of relevant experience, preferably in public and/or biopharmaceutical company.
  • CPA preferred.
  • Extremely well-organized and goal-oriented, with the ability to deliver high-quality results on time and under tight deadlines.
  • Willingness to be responsible for and perform tasks over a relatively wide spectrum; "roll-up-your-sleeves" attitude.
  • Strong analytical and problem-solving skills, with exceptional attention to detail and the ability to identify inconsistencies, investigate issues, and develop practical solutions
  • Exceptional work ethic and unquestionable integrity.
  • Experience with NetSuite/Concur/ADP/FloQast is a plus.
  • Excellent Excel and other Microsoft Office application skills.
  • Excellent written and verbal communication skills.
  • Ability to utilize AI tools for day-to-day work; baseline proficiency is expected, and advanced or innovative use of AI is a strong plus.
  • Able to work on-site and attend in-person meetings.
Core Values
  • Growth-Minded. We're inventing a new class of medicines—one applicable to therapeutic targets that have been dreamt about, but always considered impossible to drug. Our work requires us to be curious, humble and adaptable.
  • In(ter)dependent. We are fiercely independent as a leader in defying the limitations of current therapeutic modalities, and interdependent as a team as we work collaboratively to shift drug discovery paradigms and provide patients with better treatment options.
  • Patient-focused. We are deeply focused on patient outcomes, and all energy in the company is focused on science as it translates to patient impact.
  • All-In. We're All-In on solving some of the hardest scientific challenges and delivering one of the most effective new classes of drugs in history.

The base salary range for this position is $125,000-$135,000, depending on experience, qualifications, and internal practices. Parabilis's total compensation package also includes an annual target bonus, equity, and a comprehensive suite of competitive benefits designed to support our employees' overall well-being.

As an equal opportunity employer, Parabilis Medicines values an inclusive workplace and welcomes applicants of all backgrounds and experiences. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other factors prohibited by law.

30 Acorn Park Drive | Cambridge, MA 02140 | www.parabilismed.com

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