Senior Accountant

Fate Therapeutics, Inc.; San Diego (CA); On-site; USD 90,000 - 105,000; Full time

Job summary

Fate Therapeutics, Inc. seeks a Senior Accountant to join our Finance and Accounting team in San Diego. You will support the general ledger, month-end and quarter-end closes, and financial reporting with a focus on clinical trial accruals and lease accounting.

The role requires 3+ years’ experience, a Bachelor’s degree in Accounting, and preferably a CPA. Public biotech exposure and proficiency with NetSuite or similar ERP systems are highly valued.

Qualifications

• Bachelor's degree in Accounting or related field required.
• CPA designation or active pursuit preferred.
• 3+ years of progressive accounting or finance experience.
• Strong knowledge of U.S. GAAP and SOX compliance.
• Public company/biotech or public accounting experience preferred.
• Proficient in Microsoft Excel and Word.

Responsibilities

• Oversee general ledger activities and month-end close, including journal entries and reconciliations.
• Prepare accruals for clinical trial costs, vendor activities, equity, and lease accounting.
• Review complex contracts and vendor agreements.
• Assist with SEC reporting and quarterly/annual filings.

Skills

Analytical thinking

Attention to detail

Time management

Communication

Problem-solving

Interpersonal skills

Education

Bachelor's degree in Accounting

CPA (preferred)

Tools

NetSuite

Great Plains

Fraxion

PairSoft PaperSave

Job description

Fate Therapeutics is seeking a highly motivated and detail-oriented Senior Accountant to join our Finance and Accounting team. The Senior Accountant will play a key role in supporting the Company’s general ledger accounting, month-end and quarter-end closing processes, financial reporting, and technical accounting activities. This position will have a particular focus on clinical trial accruals, vendor and other operating accruals, equity activity, lease accounting, and financial analysis. The Senior Accountant will also support audit and internal control activities. The successful candidate will be a collaborative, analytical, and highly organized professional who is able to manage multiple priorities and deliver high-quality work in a deadline-driven biotech environment. This is a full-time, exempt position located at our corporate headquarters in San Diego, CA.

Responsibilities

• Oversee assigned general ledger accounting activities and perform month-end close responsibilities, including preparing and posting journal entries and completing account reconciliations.
• Prepare recurring and non-recurring journal entries, with emphasis on month-end and quarter-end vendor accruals, clinical trial accruals, equity activity, and lease accounting.
• Review clinical agreements, including clinical site contracts, clinical trial protocols, CRO contracts, consultant agreements, investigator-sponsored clinical trial agreements, laboratory service provider contracts, and supporting technology platform agreements.
• Prepare accruals for clinical trial activities, including tracking actual costs against budgets, reconciling variances across clinical sites, and providing reporting and analysis to internal stakeholders as needed.
• Review accounts payable invoice batches to ensure accuracy, completeness, and compliance with established policies.
• Manage the review and documentation of new vendors to facilitate accurate Form 1099 preparation and subsequent filings.
• Perform in-depth analysis of financial data to identify trends, investigate variances, and recommend process improvements.
• Assist with SEC reporting activities by preparing supporting schedules and documentation for quarterly and annual filings, including related footnote disclosures.
• Support internal and external auditors during internal control testing and financial statement audits.
• Assist in conducting technical accounting research and preparation of quarterly accounting memoranda, with a focus on investment fair value assessments and impairment analyses.
• Ensure compliance with accounting policies, procedures, and relevant regulatory requirements.
• Perform other duties and responsibilities as assigned.

Qualifications

• Bachelor’s degree or higher in Accounting, Finance, or a related field required.
• CPA designation or active pursuit of CPA licensure preferred.
• 3+ years of progressive accounting or finance experience.
• Strong knowledge of U.S. GAAP and Sarbanes-Oxley (SOX) compliance requirements.
• Experience in a public company, biotech/pharmaceutical company, and/or public accounting experience preferred.
• Proficient in Microsoft Office applications, with advanced skills in Excel and Word.
• Track record of consistently meeting deadlines while producing high-quality work.
• Strong attention to detail with the ability to manage multiple priorities simultaneously.
• Highly organized and capable of performing effectively in a fast-paced, deadline-driven environment.
• Excellent analytical, problem-solving, and interpersonal skills.
• Strong verbal and written communication skills, with the ability to effectively interact with individuals across all levels of the organization.
• Experience with NetSuite, Great Plains, Fraxion, and PairSoft PaperSave is highly desirable.

Working Conditions & Physical Requirements

• 4+ days onsite work at company’s headquarters in San Diego.
• Subject to extended periods of sitting and standing, vision tomonitor, and moderate noise levels.

Compensation

• The salary offer will be based on a variety of factors, including level, experience, qualifications, internal equity, and location.
• Fate offers a competitive employment package that includes an annual bonus, equity, and a generous benefits package.
• The anticipated salary range for this role is $90,000 - $105,000.

The preceding job description indicates the general nature and level of work performed by employees within this classification. Additional and incidental duties related to the primary duties may be required from time to time.

Equal Employment Opportunity

Fate Therapeutics, Inc. is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees.

Privacy Notice

To learn about how Fate collects and uses job application information, please visit Fate's online Privacy Notice.

About Fate Therapeutics, Inc.

Fate Therapeutics is a clinical-stage biopharmaceutical company dedicated to bringing a pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients. Using its proprietary iPSC product platform, the Company has established a leadership position in creating multiplexed-engineered master iPSC lines and in the manufacture and clinical development of off-the-shelf, iPSC-derived cell products. The Company’s pipeline includes iPSC-derived T-cell and natural killer (NK) cell product candidates, which are selectively designed, incorporate novel synthetic controls of cell function, and are intended to deliver multiple therapeutic mechanisms to patients. Fate Therapeutics is headquartered in San Diego, CA. For more information, please visit www.fatetherapeutics.com.