Senior Accountant
Senior Accountant
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Job Description
**THIS POSITION WILL BE ON-SITE AT OUR MIAMI FL OFFICE or MENLO PARK CA OFFICE**
About Summit:
Ivonescimab known as SMT112 is a novel potential first-in-class investigational
bispecific antibody combining the effects of immunotherapy via a blockade of PD-1 with the anti-angiogenesis effects associated with blocking VEGF into a single molecule. Ivonescimab displays unique cooperative binding to each of its intended targets with multifold higher affinity when in the presence of both PD-1 and VEGF.
Summit has begun its clinical development of ivonescimab in non-small cell lung cancer (NSCLC) with three active Phase III trials:
HARMONi is a Phase III clinical trial which intends to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated locally advanced or metastatic non-squamous NSCLC who have progressed after treatment with a 3rd generation EGFR TKI (e.g. osimertinib).
HARMONi-3 is a Phase III clinical trial which is designed to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.
HARMONi-7 is a Phase III clinical trial which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC whose tumors have high PD-L1 expression.
Ivonescimab is an investigational therapy that is not approved by any regulatory authority in Summits license territories including the United States and Europe. Ivonescimab was approved for marketing authorization in China in May 2024. Ivonescimab was granted Fast Track designation by the US Food & Drug Administration (FDA) for the HARMONi clinical trial setting.
Overview of Role:
Reporting to the Manager of Financial Operations the role plays a key part in ensuring accurate financial operations and compliance across the company.
Role and Responsibilities:
Support the Manager Financial Operations with the monthly close process to ensure timely and accurate financial reporting with a focus on continuous process improvement and reducing close timelines.
Prepare and review complex journal entries and account reconciliations mainly for R&D as well as clinical trial accruals cash receivables prepayments and G&A accounts as needed
Own and review the accounting and financial tracking for clinical trial accruals working closely with cross-functional teams to ensure the data is complete accurate and audit-compliant
Handle accounts payable for clinical sites by reviewing invoices checking them against Clinical Trial Agreements (CTAs) working with the Clinical Operations team and resolving any issues quickly
Serve as a key point of contact for operational accounting inquiries providing guidance and technical accounting expertise to cross-functional teams
Maintain and monitor SOX controls related to operational accounting are completed on time and are working as intended. Proactively identify and escalate any control deficiencies
Support financial systems optimization and upgrades including implementing systems/tools and making the most of SAP By Design features
Assist with audit preparation by gathering needed documents preparing schedules (PBCs) and responding to audit request
Collaborate cross-functionally with other teams like Clinical Operations Vendor Management and Legal to support strategic business objectives and ensure the accuracy of financial information.
All other duties as assigned
Experience Education and Specialized Knowledge and Skills:
Bachelors degree in finance business accounting or related field preferred
CPA or progress toward designation preferred
A minimum of 4 years of experience in accounting
Experience in the life sciences industry with prior exposure to clinical study accruals strongly preferred
Strong understanding of GAAP internal controls SOX controls and month-end close procedures required
Must be proficient in handling large-scale financial data using Excel and financial systems for accurate analysis and reporting
High level of accuracy and attention to detail
Demonstratable experience of working within a fast-paced finance function
Demonstratable experience of prioritizing workload and managing multiple tight deadlines effectively under pressure in a fast-paced environment
Excellent communication skills with the ability to forge strong internal and external working relationships and the confidence to challenge information constructively
Enthusiastic team player with an approachable manner and an ability to engage with colleagues across the business with a constructive and can-do attitude to deliver the successful completion of team outputs within required deadlines.
The pay range for this role is $94000-$111000 annually. Actual compensation packages are based on several factors that are unique to each candidate including but not limited to skill set depth of experience certifications and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus stock benefits and/or other applicable variable compensation.
Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summits Talent Acquisition team at to obtain prior written authorization before referring any candidates to Summit.
Required Experience:
Senior IC
Employment Type
Full-Time
