The Role
This is an exciting opportunity to be a key member of the Accounting team supporting a dynamic organization that is radically changing the biotechnology industry. The Senior Accountant will report to the Director, Revenue and Collaboration and will play an important role in supporting the monthly and quarterly close revenue process to ensure a high-quality, accurate, and efficient monthly and quarterly close. This enables the company to meet its external SEC reporting/filing timelines—all while ensuring our SOX internal controls are operating effectively, and our books and records comply with US GAAP.
A key goal for the Senior Accountant will be to contribute to continuous improvements in our revenue financial close and reporting processes and related SOX internal controls, acting with urgency to ensure streamlined operations. This position will also collaborate with stakeholders across the company on financial policies and processes, removing viscosity to drive collective action and optimal outcomes. This role will partner with FP&A and other functional teams, prioritizing an accurate and accelerated close process to make an impact and provide options for process improvements. The successful candidate must be comfortable challenging convention, pivoting in the face of new data, and supporting a high-growth, fast-paced organization.
Here’s What You’ll Do
- Assist in the monthly and quarterly revenue close and financial reporting process under the guidance of senior team members, acting with dynamic range to support both strategic and tactical accounting activities
- Prepare monthly journal entries, account reconciliations, and variance analysis for areas including revenue, accounts receivable, and deferred revenue.ensuring accuracy and adherence to US GAAP
- Monitor sales transaction flow from 3PL into Moderna ERP system, ensuring data integrity and accuracy to prioritize the platform and facilitate reliable reporting
- Reconcile all data from 3PLs and the Revenue Management Managed Service provider related to product sales, chargebacks, prompt pay, and administrative fees, questioning convention as needed to resolve discrepancies and enhance reconciliation processes.
- Assist in booking true-up journal entries related to Gross-To-Net balance sheet accruals for US Commercial, taking ownership and acting with an owner's mindset to maintain high standards of accuracy
- Prepare monthly reporting related to product sales, including chargebacks, rebates, and administrative fees, pushing past possible to deliver clear, concise, and comprehensive reports
- Support the billing process for third-party collaboration and partnership activities under the direction of senior accountants, aiming to remove viscosity in communication and ensure timely, accurate billing
- Contribute to close process improvements as directed by the team to support timely SEC filing, pivoting fearlessly when faced with challenges or new information to optimize efficiency
- Support department goals, including the implementation of accounting-related systems/applications and process improvements, digitizing where possible to enhance functionality and streamline operations
- Support external financial audits and the SOX 404 audits, including preparing PBCs (prepared by client schedules) for the audits and our SEC filings, taking calculated risks to drive audit efficiency and reduce redundancies
- Ensure close controls are properly performed and adequately supported with workpaper documentation as required under SOX, and meticulously documenting and supporting financial processes
- Establish and maintain strong business partnerships with key counterparts, including FP&A, Program Managers, Procurement, and functional business owners, working to encourage collective action and foster a seamless cross-functional collaboration
Here’s What You’ll Need (Basic Qualifications)
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
- 2-4+ years of public accounting or combined public accounting and industry experience; biotechnology/pharmaceutical Industry experience is a plus
- Strong knowledge of US GAAP, internal controls and managing a quarter-end close and reporting process
- Knowledge of life science accounting transactions
- Knowledge of ASC 606 revenue accounting for collaborative arrangements and product revenue
- Possess strong SOX internal controls background and demonstrated ability to manage and drive a quarter-end close process fully compliant under SOX, is a plus
- Experience with financial systems including SAP, Blackline, and Concur (or other AP or T&E systems); and Microsoft Suite of products
Here’s What You Will Bring to the Table (Preferred Qualifications):
- CPA and Big 4 public accounting firm experience preferred
- Proactive, responsive and timely problem solver with outstanding project management skills, pays attention to detail, is organized, drives processes and meets deadlines.
- Strong analytical skills with proven ability to strategize solutions and solve problems
- Solid organizational, interpersonal, verbal and written communication skills
- Ability to work collaboratively across functional teams
- Proven ability to thrive in a global fast-paced, multi-functional team environment while having a proactive mindset
- Possess a strong work ethic, self-motivated, willing to “Roll-up your sleeves” to drive and deliver results and improve processes
- A desire to make an impact as part of a high-growth, transformational company that is Bold, Relentless, Curious, and Collaborative
Moderna is pleased to provide you and your family with a comprehensive and innovative suite of benefits, including:
- Highly competitive and inclusive medical, dental and vision coverage options
- Flexible Spending Accounts for medical expenses and dependent care expenses
- Lifestyle Spending Account funds to help you engage in personal enrichment and self-care activities
- Family care benefits, including subsidized back-up care options and on-demand tutoring
- Free premium access to fitness, nutrition, and mindfulness classes
- Exclusive preferred pricing on Peloton fitness equipment
- Adoption and family-planning benefits
- Dedicated care coordination support for our LGBTQ+ community
- Generous paid time off, including:
- Vacation, sick time and holidays
- Volunteer time to participate within your community
- Discretionary year-end shutdown
- Paid sabbatical after 5 years; every 3 years thereafter
- Generous Paid Leave offerings, including 18 weeks of 100% paid parental leave for all new parents
- 401k match and Financial Planning tools
- Moderna-paid Life, LTD and STD insurance coverages, as well as voluntary benefit options
- Complimentary concierge service including home services research, travel booking, and entertainment requests
- Free parking or subsidized commuter passes
- Location-specific perks and extras!
About Moderna
Since our founding in 2010, we have aspired to build the leading mRNA technology platform, the infrastructure to reimagine how medicines are created and delivered, and a world-class team. We believe in giving our people a platform to change medicine and an opportunity to change the world.
By living our mission, values, and mindsets every day, our people are the driving force behind our scientific progress and our culture. Together, we are creating a culture of belonging and building an organization that cares deeply for our patients, our employees, the environment, and our communities.
We are proud to have been recognized as a Science Magazine Top Biopharma Employer, a Fast Company Best Workplace for Innovators, and a Great Place to Work in the U.S.
As we build our company, we have always believed an in-person culture is critical to our success. Moderna champions the significant benefits of in-office collaboration by embracing a 70/30 work model. This 70% in-office structure helps to foster a culture rich in innovation, teamwork, and direct mentorship. Join us in shaping a world where every interaction is an opportunity to learn, contribute and make a meaningful impact.
If you want to make a difference and join a team that is changing the future of medicine, we invite you to visit modernatx.com/careers to learn more about our current opportunities.
Moderna is a smoke-free, alcohol-free and drug-free work environment.
Moderna is a place where everyone can grow. If you meet the Basic Qualifications for the role and you would be excited to contribute to our mission every day, please apply!
Moderna is proud to be an equal opportunity workplace and is an affirmative action employer.
Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry or citizenship, ethnicity, disability, military or protected veteran status, genetic information, sexual orientation, marital or familial status, or any other personal characteristic protected under applicable law. Moderna is an E-Verify Employer in the United States. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.
Belonging, Inclusion, and Diversity are critical to the success of our company and our impact on society. We’re focused on attracting, retaining, developing, and advancing our employees and believe that by cultivating diverse experiences, backgrounds, and ideas, we can provide an environment where every employee is able to contribute their best.
Moderna is committed to offering reasonable accommodations to qualified job applicants with disabilities. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should contact the Accommodations team at leavesandaccommodations@modernatx.com. (EEO/AAP Employer)
