Associate Director, Accounting

Precision for Medicine is a Clinical Research Organization. Precision's uniquely integrated offering enables the science of precision medicine by combining novel clinical trial designs, industry-leading operational and medical experts, advanced biomarker and data analytics solutions, and an unequivocal real passion for rare diseases and oncology, in addition to working across other therapeutic areas.

Due to our continued growth in the Asia Pacific region, we are now seeking an Associate Director, Accounting to be based in Singapore, joining our Global Team.

The Associate Director, Accounting will be responsible for owning the General ledger accounting processes for all P&L/BS accounts, ensure accounting policies are documented and training materials maintained. You will have ownership of both Treasury and AP functions in addition to General ledger accounting for multiple business units. This position will act as Finance Business Partner for the Head of Asia Pacific.

Essential functions of the job include, but are not limited to:

• Journal Entries
  • Review JE's prepared by the Accounting Manager/Senior accountant as needed.
  • Prepare complex GL entries as required.
• Payment Processing/Cash applications
  • Review AP spend and cash flow forecasts to ensure reasonable and cash flow needs are appropriate.
  • Approve AP invoices for processing and may assist with cash management ACH/wire submission/approvals as needed.
• Account Reconciliations
  • Review balance sheet account reconciliations for SGA costs across multiple business units including Payroll liabilities, ROU asset/depreciation, Fixed assets/depreciation, intercompany reconciliations, insurance, prepaids etc.
  • May prepare complex account reconciliations as needed.
• Business Level Financial Reporting
  • Finalize corporate SGA budgets and forecasts on a consolidated basis and determine accurate allocation method to various business units for management review.
  • Provide corporate departments with actual to budget spend analysis commentary (IT/HR/Recruiting etc.) to assist with managing corporate spend.
• Cost Management
  • Review Financial results for efficiencies
  • Establish internal controls to minimize risk of payment errors, duplicate payments or fraud and work with the GL accounting team to implement needed controls.
• Vendor/Customer Management
  • Review vendor spend (top 10) and customer spend/aging analysis periodically.
  • Perform assessment of ability to consolidate vendors to improve cost management periodically.
• Revenue
  • Review of customer contracts to ensure consistent application of revenue recognition policies in accordance with US GAAP (ASC 606) as needed.
• Audit
  • Review audit support prepared by team prior to providing to external auditors (audit/tax) to ensure appropriate to meet their request.
  • Review and finalize any required accounting memos on policies prior to providing to auditors.
  • Prepare complex audit schedules as needed. Support local statutory audit needs as required.
  • Point person to manage PBC requests and follow up on any audit issues identified.
• Local statutory compliance
  • Ensure full compliance with local statutory accounting and reporting requirements. Provide oversight for the preparation, review, and submission of statutory financial statements in accordance with local GAAP and regulatory timelines.
  • Serve as a primary point of contact for the local accounting & tax partners."
• Strategic initiatives
  • Assist with strategic initiatives of the business as needed (system implementations, integrations, acquisitions etc.)
• Other Duties
  • Train and mentor staff, ensure process documentation for accounting thresholds/adjustments and new GAAP standards is shared with the business to ensure accurate accounting and understanding of financial reporting.
  • Prepare team training sessions at least bi-annually to develop the team.
  • Continue to identify areas for improvement.
  • Integrate new business acquisitions and initiate new projects as needed.
  • Monitoring emerging US GAAP standards or practices which may impact operations and reporting. Assist with data gathering and implementation of GAAP standards to be adopted.

Qualifications:

Minimum Required:

• Bachelor's degree with a minimum concentration accounting or finance; Accounting Designation required (CPA)
• A minimum of 12 years relevant experience

Skills:

Minimum Required:

• Intermediate to advanced Microsoft Excel skills
• Strong MS Office literacy e.g. Word, PowerPoint, Excel
• Good time management and organizational skills
• Proven critical thinking, analytical, interpretative and problem-solving skills
• Ability to process and analyse large volumes of qualitative and quantitative information
• Detail-oriented professional with ability to handle complex reporting while meeting company deadlines, sometimes with short turnaround times and competing priorities.
• Strong knowledge of GAAP, financial regulations, and accounting best practices, including a knowledge of US and international accounting standards.
• Meaningful experience partnering with executive leadership
• Proficient English and also Mandarin language skills to communicate effectively with local teams, auditors, and regulatory authorities

Additional / preferred:

• Strong interpersonal and relationship building skills, and an ability to build credibility with external and internal stakeholders
• Work experience from a Pharma Services organization or Clinical Research Organization preferred
• Professional that thrives in a dynamic, past pace, high growth environment
• Willingness to extend yourself and assist/mentor other more junior team members. Ability to function well in team-oriented environment
• Computerized Ledger System experience (e.g. Infor)
• Demonstrated leadership capabilities, with a track record of developing teams and fostering strong cross-functional relationships.
• Possesses ethics and integrity when dealing with confidential and sensitive information.

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We invite you to learn more about our growing organization serving our clients that are researching ground breaking cancer therapies. We strive to ensure employees feel appreciated for the contributions they make every single day. You will provide input and have your ideas valued and nurtured, impacting positive change for the company.

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