Strategic Director, Financial Reporting & Consolidations

Formation Bio; New York (NY); Hybrid; USD 186,000 - 232,000; Full time

Job summary

Formation Bio is hiring a Director of Financial Reporting to lead GAAP financial reporting, close, and audits. This senior role requires turning complex accounting into practical actions and building scalable processes as the company scales.

You will own annual US GAAP financial statements, consolidations under ASC 810, and external audit coordination, while supporting venture fund reporting and policy development. Hybrid work in NYC/Boston area is expected.

Qualifications

• CPA certification required.
• Ten or more years progressive accounting experience.
• Experience preparing audited US GAAP financial statements and supporting external audits.
• Big Four or comparable public accounting experience preferred.
• Experience with ASC 810 consolidations and complex journaling.
• Ability to translate complex accounting guidance into practical actions.
• NetSuite or ERP experience with strong spreadsheet skills.

Responsibilities

• Own preparation of annual US GAAP financial statements including footnotes and tie-outs.
• Coordinate cross-functional stakeholders for the financial reporting process.
• Lead non-routine journal entries and annual close activities.
• Direct consolidation for complex structures and ASC 810 applications.
• Prepare technical accounting memos and supporting workpapers.
• Manage external audit flow and respond to inquiries.
• Support fund reporting and special purposes financial statements.

Skills

Financial reporting

US GAAP

ASC 810

Audit coordination

Consolidations

Technical accounting

ERP experience

Education

CPA certification

Tools

NetSuite

Excel

Job description

Formation Bio is hiring a Director of Financial Reporting to lead GAAP financial reporting, close, and audits. This senior role requires turning complex accounting into practical actions and building scalable processes as the company scales.

You will own annual US GAAP financial statements, consolidations under ASC 810, and external audit coordination, while supporting venture fund reporting and policy development. Hybrid work in NYC/Boston area is expected.