Assistant Controller

Cambridge, MA
June 28 2019
Life Sciences, Biology
Organization Type
Assistant Controller

The Role:

The Assistant Controller is a key leadership position within Finance at Moderna, a dynamic and high growth organization that has recently completed its IPO and is radically changing the biotechnology industry through using messenger RNA, or mRNA, to develop medicines. The Assistant Controller will report to and function as the "right hand" to the Controller, and has leadership accountability over significant aspects of Moderna's accounting operations, key business processes, the financial close, financial consolidation and statutory accounting, accounting policies, and the related SOX internal controls. In addition, s/he will partner with the external financial reporting and technical accounting team to ensure accurate and compliant external reporting, and support the implementation of new accounting standards, new collaboration deals or new significant transactions to ensure these are properly reflected on our books.

As an organizational leader s/he is responsible for team members' individual development. S/he will inspire, motivate, and promote a results-oriented focus in others and earn the confidence and credibility to partner with his/her team, senior leaders, external auditors and other business process stakeholders.

The Assistant Controller will play a key role in driving process improvements and change management in our key business processes including a high quality, accurate and efficient monthly/quarterly accounting close process to enable the Company to meet its external reporting / SEC filing timelines, while ensuring our internal controls are operating effectively, and our books and records are in compliance with US GAAP.

The Assistant Controller will maintain a focus on continuous improvements and will play a key role in ensuring the accounting function adapts and is able to effectively scale as the Company / business grows, while balancing process efficiency with controls and compliance. S/he will drive cross-functional process improvements and optimize our business processes to enable the Company to scale its operations to support future growth. S/he will have a goal to drive efficiencies in our accounting close and reporting processes, support and optimize other financial and business processes, including procure-to-pay, develop and execute key accounting and financial policies, document procedures and improve processes essential for the business, and ensure our employees are adequately trained and adhere to those financial policies. This individual must be comfortable challenging the status quo, driving change, managing through uncertainty and supporting a high growth fast paced organization.

The successful candidate must have public company experience with a comparable or larger/more complex organization running a quarter-end financial close process and have demonstrated an ability to significantly accelerate the monthly and quarterly close cycles to enable accelerated filing timelines, familiar with implementing SOX controls, and have experience driving cross-functional process improvements, including highly controlled processes such as procure-to-pay and record-to-report processes. This role will partner with Finance and other G&A teams, and business stakeholders to improve all touch points required to ensure an accurate and accelerated close process, and to identify and provide solutions for process challenges.

We work collaboratively as a team, we boldly strive for excellence, we are constantly curious and we are relentless in our pursuit of the balance between efficiency, effectiveness, and controls and compliance. We are committed to ongoing process improvements and to providing accurate, timely and insightful financial information and a high level of customer service.

Here's What You'll Do:

Accounting Close Responsibilities:
  • Drive and ensure the record-to-report process and timeline sufficiently meets our external SEC filing timelines
  • Align, establish and drive monthly and quarterly close schedules, deadlines, and key meetings with internal partners to review and obtain sign-off on financial results and variance analysis
  • Drive and ensure adequate and timely touch points with the business and Technical Accounting team to identify and timely record accruals and other more complex revenue and accounting transactions
  • Drive and ensure monthly and quarterly close schedules and activities are tightly monitored to meet established deadlines
  • Drive and ensure timely reporting of our monthly and quarterly results and related analysis and presentations to senior management and audit committee
  • Establish and maintain strong business partnerships with key counterparts including, FP&A, Procurement, and functional business owners
  • Drive and ensure timely support of our quarterly reviews and the annual audit process with the auditors
  • Possess broad knowledge of accounting concepts, superior analytical skills and knowledge of the biotech industry and related accounting standards, able to develop standards, policies and SOPs for the Accounting organization in support of key business processes within the SOX framework

Operational excellence / process improvements responsibilities:
  • Seeks continuous improvements through identifying and implementing creative solutions to support greater efficiency and effectiveness of processes and procedures, and partnering with our Digital team to leverage functionalities in our key financial systems.
  • Identify and drive/implement new strategies to streamline, simplify and shorten our monthly and quarterly close cycle while maintaining high quality results
  • Collaborate with other finance and business stakeholders to drive cross-functional initiatives, including implementation of accounting-related systems/applications and process improvements
  • Oversee and drive change management to ensure proper execution and training of the process changes/improvements within the Finance team and across the business/Company
  • Responsible for direct supervision and development of a growing accounting team
  • Ability to motivate, lead and teach team members in order to produce high quality materials within tight timeframes while simultaneously managing several projects.
  • Manage, lead / mentor and build a team of 6-8 skilled accountants that can support a quality close process and continuous improvements.

Here's What You'll Bring to the Table:
  • Bachelor's degree in Accounting required, MBA or Master's degree preferred
  • CPA required, Big 4 public accounting firm experience highly preferred
  • 10+ years of combined public accounting and industry experience of a public company in the biotechnology/pharmaceutical, life science or technology Industries
  • Experience managing and developing an accounting team of a mid-size publicly traded company
  • Strong knowledge of US GAAP, internal controls and managing a corporate financial close and reporting process
  • Demonstrated ability to successfully accelerate a quarter-end close process to meet SEC filings timelines for large accelerated filers
  • Strong knowledge of life science accounting transactions, including collaborations and clinical accruals, and revenue recognition under the new revenue recognition standard (ASC 606), new lease standard (ASC 842)
  • Experience with financial systems including SAP, Blackline, and Concur (or another OCR tool); and Microsoft Suite of products
  • Demonstrated ability to drive continuous process improvements in Finance business processes
  • Proactive, responsive and timely problem solver, pays attention to detail, drives processes and meets deadlines.
  • Outstanding project management/organizational skills, interpersonal, verbal and written communication skills
  • Ability to work collaboratively across functional teams
  • Drives leadership from within the team for change recommendations and implementation methods or procedures to improve the efficiency of the function.
  • A desire to be part of a high-growth, transformational company that is Bold, Relentless, Curious, and Collaborative.

Here's What We'll Bring to the Table:
  • Daily on-site catered lunches
  • Company-provided iPhone
  • Free parking, monthly subway pass or a subsidized commuter rail pass
  • Free annual corporate membership to Bluebikes
  • Highly competitive healthcare coverage including: medical offered through BCBS (HMO/PPO), dental, and vision offered through VSP
  • Flexible Spending Accounts for medical expenses and dependent care expenses
  • 16 weeks of 100% paid parental leave for all new parents
  • 16 weeks 100% paid family caregiver leave
  • 20 weeks 100% paid medical leave
  • Adoption assistance and discounts to local childcare centers, as well as access to
  • 401k (traditional and Roth offered) with 50% match on first 6% deferred. Match is vested immediately
  • A suite of Moderna paid insurance coverage, including: life insurance, short-term and long-term disability
  • Voluntary legal assistance plan
  • 15 days' vacation and 7 sick days per year, in addition to a discretionary winter shut down and 11 company paid holidays (includes 2 floating holidays)

Why join Moderna

At Moderna, we believe messenger RNA, or mRNA, is the "software of life." Every cell in the body uses mRNA to provide real-time instructions to make the proteins necessary to drive all aspects of biology, including in human health and disease. Given its essential role, we believe mRNA could be used to create a new category of medicines with significant potential to improve the lives of patients.

Headquartered in Cambridge, Mass., Moderna currently has strategic alliances for development programs with AstraZeneca, Plc. and Merck, Inc., as well as the Defense Advanced Research Projects Agency (DARPA), an agency of the U.S. Department of Defense; and the Biomedical Advanced Research and Development Authority (BARDA), a division of the Office of the Assistant Secretary for Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS). Moderna has been ranked in the top ten of Science's list of top biopharma industry employers for the past four years. To learn more, visit .

Our Mission:
Deliver on the promise of mRNA science to create a new generation of transformative medicines for patients.


Moderna is a smoke-free, alcohol-free and drug-free work environment.

Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation or any characteristic protected under applicable law. Moderna will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Similar jobs

Similar jobs