VP Of Accounting

VP, Accounting
Department: Finance
Hiring Manager: CFO
Effective Date: Immediate
Location: Greater Seattle Area, Washington

About Eliem:
Eliem Therapeutics is a privately-held clinical-stage company developing medicines for patients with neurologic diseases. Our pipeline has two clinical stage compounds in conditions focused on pain and other neurological conditions. The company continues to grow its preclinical pipeline in neurology.

Eliem launched in 2018 and has funding from leading healthcare investors including RA Capital, Access Biotechnology, and Bridge Valley Ventures. The company has locations in the Greater Seattle Area, WA and Cambridge, UK.

About this role:
The Vice President of Accounting (“VP, Accounting”) is a newly created position at Eliem, responsible for the financial management, internal controls, and compliance to support our growing 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, tax compliance, risk management, insurance, and technical accounting and analysis. The role will evolve to have SEC reporting responsibilities as well.

Primary Responsibilities:

• Provide strategic direction and day to day oversight of accounting operations (Accounts Payable,

• Payroll, Stock Plan Administration, and General Accounting).
• Build a team to meet the needs of a growing and changing company.

• Enhance and maintain financial management systems and infrastructure that support the current and future organization.
• Oversee the annual audit and quarterly reviews to ensure the timely filing of all reports required by the SEC.
• Manage relationship with independent accountants.
• Evolve internal control environment in accordance with Sarbanes-Oxley.
• Oversee the preparation of accurate and timely financial statements in accordance with GAAP and ultimately SEC reporting guidelines.
• Support the CFO to ensure appropriate readiness for future financings, including potential initial public offering (IPO)
• In cooperation with the CFO, establish Audit Committee and lead the process for preparing materials for and conducting meetings.
• Analyze and document conclusions for complex and technical accounting issues.
• Ensure tax compliance across all jurisdictions.

• Engage external experts to develop appropriate tax planning strategies.
• Work with EVP, General Counsel to maintain adequate levels of insurance based on its exposure and risk profile.

Qualifications:
Education and Experience

• Bachelor’s degree in Accounting, Finance or Business Administration
• Current CPA licensure required
• 10-15 years of experience building, leading, and managing the accounting function
• Big 4 accounting experience preferred
• Public company experience required
• Experience in the pharmaceutical and/or biotechnology industry preferred
• Experience consolidating UK entity a plus

Skill and Knowledge:

• Solid understanding and experience with Generally Accepted Accounting Principles (GAAP)
• Maintains the highest levels of ethics and integrity
• Ability to attract, develop, motivate, and retain top talent
• A team player with excellent managerial skills, strong business acumen and strategic decision- making capabilities
• Effective communication skills with both accounting and non-accounting personnel
• Belief in collaboration and empowering others
• Proactive with recommending process & systems improvements
• Stage appropriate accounting philosophy and ability to collaborate with and strategically influence external partners

We offer our employees competitive compensation and benefits, including paid time off, health insurance, life and disability insurance, a 401(k) plan, and stock options.
Eliem 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.

Job Type: Full-time

Pay: $250,000.00 - $275,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental Pay:

• Bonus pay

Experience:

• Accounting: 10 years (Preferred)

License/Certification:

• CPA (Required)

This Job Is Ideal for Someone Who Is:

• Dependable -- more reliable than spontaneous
• People-oriented -- enjoys interacting with people and working on group projects
• Adaptable/flexible -- enjoys doing work that requires frequent shifts in direction
• Detail-oriented -- would rather focus on the details of work than the bigger picture
• Achievement-oriented -- enjoys taking on challenges, even if they might fail
• Autonomous/Independent -- enjoys working with little direction
• Innovative -- prefers working in unconventional ways or on tasks that require creativity
• High stress tolerance -- thrives in a high-pressure environment

Company's website:

• https://eliemtx.com/

Work Remotely:

• Temporarily due to COVID-19

COVID-19 Precaution(s):

• Remote interview process
• Virtual meetings