Sr. Staff Accountant

Administration · Seattle, Washington
Department Administration
Employment Type Full-Time
Minimum Experience Experienced

Chinook Therapeutics is a biotechnology company developing precision medicines for patients with kidney diseases.  We apply our proprietary research platform to discover and develop therapeutics with novel mechanisms of action against key kidney disease pathways. The development focus is on rare, serious disorders with clear unmet medical needs and defined and rapid clinical development opportunities.  Chinook recently in-licensed a late-stage product, atrasentan, and plans to initiate a phase 3 trial for chronic kidney disease by the first half of 2021.  Our pipeline has several other internal programs at the validation and lead optimization stages, the first of which is rapidly progressing to enter clinical trials by 2021.  We are also evaluating business development opportunities for early and late-stage clinical assets to enhance the pipeline.


Chinook has raised a $65 million Series A financing from top tier venture capital firms Versant Ventures, Apple Tree Partners, and Samsara BioCapital.  We are a growing team of approximately 40 employees and are based in Vancouver, British Columbia and Seattle, Washington.



Position:


Chinook as an opportunity for a Sr. Staff Accountant to join us as a key member of our growing Finance team. Reporting to the Controller, this position will support all aspects of the monthly accounting process including preparation of journal entries, account and bank reconciliations, and financial reporting and analysis to ensure an accurate and timely monthly close.  This position will also support the budgeting and forecasting process and provide accounting support to department and project managers.  In addition, the Sr. Staff Accountant will play an integral role in the implementation of accounting systems and the development of processes and procedures.  This position may be based in either Chinook's Vancouver or Seattle location.



Responsibilities include: 

  • Manage the monthly accounting close calendar to ensure the books are consistently closed on time
  • Prepare monthly journal entries and ensure they are supported with proper documentation
  • Reconcile select general ledger accounts, and research any discrepancies in a timely manner
  • Account for complex transactions including contracts for clinical trials, contract manufacturing, research collaborations and similar transactions
  • Maintain Excel-based fixed asset ledger including processing of additions, disposals, transfers, and calculating and recording monthly depreciation
  • Prepare consolidation of the Company’s wholly-owned Canadian subsidiary and calculate and record any foreign currency gain/loss
  • Maintain chart of accounts, setting up new accounts and departments as necessary
  • Review general ledger postings to ensure proper coding to accounts and departments and identify any discrepancies
  • Generate reports from accounting system to populate monthly financial reporting package and departmental reports
  • Support preparation of 10Q, 10K and other SEC filings
  • Assist in the preparation of monthly analysis of variances to budget and forecast
  • Prepare and file state and local tax returns in a timely manner
  • Provide support to external audit and tax firms
  • Assist in preparation of budget/forecast templates including entry into accounting system
  • Reconcile bank and investment statements on a timely basis
  • Support the quarterly and long-range forecasting process
  • Process U.S. and Canadian payroll
  • Administer the Company’s stock option program in Carta and assist in the migration to Equity Edge
  • Design and develop queries of financial data using pivot tables, v-lookups, macros and other advanced Excel functions
  • Provide financial analysis to departments as requested
  • Support the Company’s development, implementation and maintenance of Sarbanes Oxley processes and controls
  • Coordinate special projects/programs as requested
  • Help with research of complex accounting issues, including reference to Generally Accepted Accounting Principles
  • Continually look for ways to streamline processes and gain efficiencies

Qualifications:

 

  • Bachelor’s Degree in accounting, finance, business administration, or related field and minimum four years of accounting experience; or an equivalent combination of education and experience. Some public accounting experience preferred
  • CPA or CMA designation a plus
  • Public company experience required
  • Experience in the biotechnology industry preferred
  • Experience with Great Plains and ERP accounting systems, and Equity Edge stock administration software
  • Advanced Excel skills including pivot tables, V-lookups, nested IF statements and macros
  • Consolidation of foreign subsidiaries
  • Payroll process and related tax filings
  • Solid understanding technical accounting guidance and industry concepts
  • Ability to identify, research and interpret complex accounting issues/problems and make recommendations
  • Strong written and oral communication skills, including ability to summarize and document analysis, conclusions, policies and procedures in a concise and readable manner
  • Establish and maintain effective working relationships with other department staff, functional and project managers, vendors and outside service providers

 

Chinook is an Equal Opportunity Employer and we do not discriminate against any employee or applicant for employment because of race, color, sex, age, place of origin, religion, family status, sexual orientation, gender identity, status as a veteran, and disability or any other federal, state, provincial or local protected ground.


 

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  • Location
    Seattle, Washington
  • Department
    Administration
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced