Director of Accounting

Fog Pharmaceuticals

Fog Pharmaceuticals

Accounting & Finance
Cambridge, MA, USA
Posted on Aug 21, 2024

Why join us?

FogPharma is a biopharmaceutical company pioneering the discovery and development of Helicon™ therapeutics, which are peptides capable of efficient cell entry and modulation of both protein-protein and protein-DNA interactions. Through Helicon therapeutics, FogPharma is poised to revolutionize the medical possibilities for patients by precisely drugging intracellular targets long understood to be significant drivers of disease but never before drugged due to the limitations of existing drug modalities to act within the cell.

FOG-001, the company’s first-in-class TCF-blocking β-catenin inhibitor, is being evaluated in a Phase 1/2 study for patients with advanced solid tumors, including colorectal cancer. FogPharma is fully leveraging the unprecedented potential Helicons present by deploying proprietary, custom-built machine learning and computational methods as part of its discovery and development process. FogPharma has raised more than $500 million to date from leading life sciences investors. FogPharma is headquartered in Cambridge, Mass.

What’s the opportunity?

What’s the opportunity?

This is a highly visible role in our fast-paced Finance and Accounting team. We are seeking a Director of Accounting who shares our passion to impact patients by drugging previously undruggable targets, inspires excitement and results in others, and has the confidence and credibility to partner with all levels of the organization. This role leads or supports many of Fog’s accounting activities, including general ledger, monthly/quarterly close process, technical accounting, financial reporting, payroll, tax, treasury, internal controls, FP&A, and insurance. The Director of Accounting reports to the Corporate Controller and will have substantial interaction with the Head of Finance and other company leaders. This role currently has one direct report (Accounting Manager).

Primary responsibilities are:

  • Accounting: Lead day-to-day close and accrual processes. Prepare monthly and quarterly reporting and various analyses. Act as primary contact for external auditors.
  • Technical Accounting: Research technical accounting matters and draft memoranda. Develop action plans for adoption of new accounting standards, as appropriate.
  • FP&A: Collaborate closely with the Head of FP&A and business leaders on the budget, forecast, valuation and long-range planning (LRP) processes.
  • Equity: Manage stock compensation and equity system including entering new awards and cancellations and running quarterly stock compensation expense reports.
  • Processes & Controls: Collaborate with the team to propose and implement systems, procedures, controls and ongoing enhancements.

What you will need to be successful in this role:

  • CPA credential, Bachelor’s or Master’s degree in accounting with 8-10 years of relevant experience.
  • Demonstrated understanding of accounting principles, including US GAAP, and the ability to apply them to new or existing transactions.
  • Audit experience at a Big 4 firm, or other nationally recognized accounting firm.
  • Financial systems experience including hosted ERP and equity accounting solutions.
  • Proven ability to produce timely and accurate results within tight timeframes and simultaneously manage several projects.
  • Excellent analytical skills with the ability to diagnose and resolve problems.
  • Previous public company and life science/pharmaceuticals experience strongly preferred.
  • Ability to innovate and use technology to improve processes and performance.
  • Desire for continuous improvement and challenging the status quo.
  • Strong interpersonal skills with a high attention to detail and organizational skills.

Core Values

FogPharma is a team of passionate pioneers who are trailblazing the future of precision medicine with the aim of making a meaningful difference in the lives of patients. The company is committed to promoting an inspiring and flourishing working environment for all employees across the business, in all departments, and driving innovation for patient benefit.

  • Creative. We are creating a whole new class of medicine requiring creativity to solve challenges as they arise, which we have successfully done since the inception of the company.
  • Patient-focused. We are deeply focused on patient outcomes, and all energy in the company is focused on science as it translates to patient impact.
  • Execution-oriented. As we begin clinical development and large-scale manufacturing, the team is balancing creativity and nimbleness with relentless, rigorous and flawless execution.
  • Humble. We fully appreciate that science and technology and policy are in flux, and we balance deep experience with humility to ask fundamental questions and seek newly available solutions.

As an equal opportunity employer, Fog values diversity and welcomes applicants of all backgrounds and experiences. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other factors prohibited by law.

30 Acorn Park Drive | Cambridge, MA 02140 | www.fogpharma.com