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Manager, Revenue

Company: ImmunityBio
Location: Culver City
Posted on: February 9, 2024

Job Description:

ImmunityBio, Inc. is a late-stage immunotherapy company developing a broad pipeline of next-generation therapies that drive immunogenic mechanisms for defeating cancer and infectious disease. The company's immunotherapy platform is designed to activate both the innate (natural killer cell and macrophage) and adaptive (T cell) immune systems to create long-term "immunological memory." The U.S. Food and Drug Administration (FDA) has accepted for review ImmunityBio's resubmission of its Biologics License Application (BLA) for N-803, a first-in-class IL-15 superagonist, plus Bacillus Calmette-Guerin (BCG) for the treatment of BCG-unresponsive non-muscle-invasive bladder cancer carcinoma in situ (CIS) with or without Ta or T1 disease, and has set a user fee goal date (PDUFA date) of April 23, 2024.Why ImmunityBio?* ImmunityBio is developing cutting edge technology with the goal to transform the lives of patients with cancer and develop next-generation therapies and vaccines that complement, harness and amplify the immune system to defeat cancers and infectious diseases.* Opportunity to join an early-stage public biopharmaceutical company with a headquarters in Southern California.* Work with a collaborative team with the ability to work across different areas at the company.* Ability to join a growing company with development opportunities.Position SummaryThis position will play a critical role in the revenue accounting function to ensure a high quality, accurate and efficient monthly and quarterly financial close. The role will also help generate and lead process improvements and optimization of our business processes specific to financial management of revenue and Accounts Receivable activities, including ownership of Commercial AR SOX internal controls processes, to ensure scalability of the Company's operations to support future growth. The position will also play a key role in the monthly and quarterly closes by supporting the team with various accounting duties.Essential Functions

  • Manage the revenue team in efforts to improve and enhance business processes supporting revenue and accounts receivable activities; and oversight of the Commercial AR SOX internal controls processes.
  • Perform month end close activities for Accounts Receivable and gross-to-net revenue, including preparation of related journal entries and balance sheet reconciliations
  • Be accountable for the accuracy of the revenue related accounts in the general ledger in accordance with US GAAP and Company policies
  • Collaborate with Sales Operations and Financial Planning and Analysis (FP&A), and other teams to ensure contracts and renewals are compliant with accounting guidelines
  • Work with third party logistic organization (3PL) to ensure proper monthly reporting
  • Perform analytics around gross-to-net revenue line items
  • Be responsible for the preparation of analyses in support of established AR reserves and ensuring reserves are complete and accurate
  • Gather information and prepare schedules to support the Company's SEC filings and internal reporting
  • Assist in process and system implementation and improvements
  • Be responsible for SOX 404 compliance including:
  • Internal control documentation (maintenance of process narratives, control matrices and flowcharts) for revenue processes
  • Completion of walkthroughs and testing process in conjunction with a third-party consulting firm for revenue processes
  • Prepare schedules and provide support for SOX 404 audits over revenue processes
  • Support or lead the finance team's efforts in completion of the quarterly reviews and annual audits by the independent external auditors, including preparation of supporting schedules
  • Recommend and implement any changes necessary to improve the revenue accounting close process.
  • Be responsible for ensuring that the revenue accounting close process is streamlined, and all deadlines are met
  • Support the maintenance and ongoing compliance with accounting policies and procedures
  • Performs other special projects and duties as needed.Education & Experience
    • Bachelor's degree in Accounting or Finance
    • MBA, CPA are preferred
    • Minimum of 6 years progressive experience in accounting/finance
    • Minimum of 3 years' experience in revenue and accounts receivable area
    • Minimum of 2 years industry experience
      • Experience with revenue recognition, gross to net Accounting, AR activities and accruals
      • Experience in a public company
      • Experience leading and driving process improvements
      • Demonstrated understanding of revenue accounting principles with the ability to work closely with other functions
      • Demonstrated understanding of rebate and chargeback process including commercial and government contracts
      • Experience with Sarbanes Oxley requirements the revenue and AR areasKnowledge, Skills, & Abilities
        • Demonstrated technology and analytical abilities
        • Strong verbal and written communication skills with a customer service mindset
        • Strong problem solving skills
        • Proficiency in Microsoft Office software including Word and PowerPoint and significant experience using Excel
        • Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies
        • Detail oriented, able to complete assignments on time, flexible in changing environment
        • Must be able to prioritize, organize and handle several projects simultaneouslyWorking Environment / Physical Environment
          • This is a remote role with the ability to be on site for meetings on a as needed basis.This position is eligible for a discretionary bonus and equity award. The base pay range for this position is below. The specific rate will depend on the successful candidate's qualifications, prior experience as well as geographic location.$125,000 (entry-level qualifications) to $150,000 (highly experienced)ImmunityBio employees are as valuable as the people we serve. We have built a resource of robust benefit offerings to best support the total wellbeing of our team members and their families. Our competitive total rewards benefits package, for eligible employees, include: Medical, Dental and Vision Plan Options * Health and Financial Wellness Programs * Employer Assistance Program (EAP) * Company Paid and Voluntary Life/AD&D, Short-Term and Long-Term Disability * Healthcare and Dependent Care Flexible Spending Accounts * 401(k) Retirement Plan with Company Match * 529 Education Savings Program * Voluntary Legal Services, Identity Theft Protection, Pet Insurance and Employee Discounts, Rewards and Perks * Paid Time Off (PTO) includes: 11 Holidays * Exempt Employees are eligible for Unlimited PTO * Non-Exempt Employees are eligible for 10 Vacation Days, 56 Hours of Health Pay, 2 Personal Days and 1 Cultural Day * We are committed to providing you with the tools and resources you need to optimize your Health and Wellness. At ImmunityBio, we are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. ImmunityBio is a mandatory vaccination employer for COVID-19 and its variants. The Company requires that its employees be fully vaccinated as of their start date. If you require a medical or religious accommodation we will engage in the interactive process with you. Proof of vaccination will be required prior to start. If we make you an offer and you are not yet vaccinated, we will accommodate a delay in start date. ImmunityBio may also mandate that its employees receive vaccine boosters, and all accommodation laws will be followed.

Keywords: ImmunityBio, Los Angeles , Manager, Revenue, Accounting, Auditing , Culver City, California

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