VP, Accounting

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

Chinook Therapeutics Job Description: 

Vice President, Accounting

 

Company:

 

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.  Our lead program, atrasentan, is a late-stage clinical program for the treatment of primary glomerular kidney diseases planned to move into a phase 3 trial for IgA nephropathy in 2021. We are also advancing CHK-336 towards a planned IND in 2021 for an ultra-orphan kidney disease.  In addition, our pipeline has several other internal programs at the validation and lead optimization stages and we are also evaluating business development opportunities for early and late-stage clinical assets to enhance the pipeline. 

 

Chinook launched in 2019 with a $65 million Series A financing from leading healthcare investors Versant Venture, Apple Tree Partners and Samsara Biocapital, and recently announced a proposed merger with Aduro Biotech, Inc., which we expect to close in 2020.  Chinook will be the surviving company following the merger and will trade on Nasdaq.  Concurrent to the merger, we also recently announced a private placement financing of $106 million from leading healthcare investors including EcoR1, OrbiMed, and others.  Upon both transactions closing, Chinook is expected to have at least $275 million in operating capital.  Chinook currently has approximately 45 employees and is based in Seattle, WA and Vancouver, British Columbia. 

 

Position:

 

The Vice President of Accounting (“VP, Accounting”) is responsible for the financial management, internal controls, and compliance to support Chinook’s business.  Reporting to the Chief Financial Officer (“CFO”), the VP, Accounting is responsible for leading the accounting team, and overseeing all accounting-related activities, including: preparation of timely and accurate financial statements, internal controls, SEC reporting, tax compliance, risk management, insurance, and technical accounting and analysis.    

 

Primary Responsibilities:

 

  • Lead and actively manage Chinook’s accounting team.
  • Enhance and maintain financial management systems and infrastructure that support the current and future organization.
  • Support the CFO, to ensure that Chinook maintains access to the appropriate level of funding to support the Company’s business strategies.
  • Oversee the preparation of accurate and timely financial statements in accordance with GAAP and SEC reporting guidelines.
  • Oversee the annual audit and quarterly reviews to ensure the timely filing of all reports required by the SEC.
  • Manage relationship with independent accountants.
  • Develop and maintain a strong internal control environment over financial reporting in accordance with Sarbanes-Oxley.
  • Lead the process for preparing materials for and conducting Audit Committee meetings.
  • Manage the processes to support and conduct related meetings of the Disclosure Committee.
  • Analyze and document conclusions for complex and technical accounting issues.
  • Work collaboratively with the VP, Finance to develop and support a robust management and financial reporting system.
  • Ensure tax compliance across all jurisdictions.
  • Engage external experts to develop appropriate tax planning strategies.
  • Manage banking relationships.
  • Ensure that Chinook maintains adequate levels of insurance based on its exposure and risk profile.

 

Qualifications: 

 

Education and Experience

 

  • Bachelor’s degree in Accounting, Finance or Business Administration
  • 10+ years of experience building, leading and managing the accounting function
  • CPA required
  • Big 4 accounting experience a plus
  • Public company experience required
  • Experience in the biotechnology industry strongly preferred

 

Skill and Knowledge:

 

  • A team player with excellent managerial skills, strong business acumen and strategic decision-making capabilities.
  • Ability to create realistic goals and implementation plans that are achievable and successful.
  • Ability to attract, retain, develop, and motivate top talent.
  • Belief in collaborative communication, idea sharing and empowering others.
  • Provides leadership to the Accounting team and across the organization.
  • Maintains the highest levels of ethics and integrity.

 

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
    Executive