Job description

Description

Ardelyx is a publicly traded commercial biopharmaceutical company founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA® (tenapanor) and XPHOZAH® (tenapanor). Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL® (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been submitted in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada.

Purpose of the role:

In this role you will contribute to the general ledger accounting functions/processes, including accruals for outside manufacturing providers, inventory accounting, and other account reconciliations. You will play a key role in the evolution of our processes for inventory and production accounting and other firsts as we continue to grow and evolve as a company.

We are looking for a highly capable, responsible, results-oriented individual who will exercise independent problem-solving skills. The Accounting Manager will be highly organized, proactive, and experienced in account analysis and reconciliations. They will have a broad-based understanding of monthly close processes in support of an accurate, timely earnings release and SEC filings in a public company setting operating in a SOX compliant environment.

Responsibilites:

Partner with internal supply chain management team to ensure timely and accurate monthly closing of inventory accounts and records including accounting for all production activities
Prepare monthly accruals for the manufacturing departments
Determine and apply overhead rates to inventory, monitor adequacy of overhead rates and adjust the rates as necessary
Prepare, and once automated, review accounting for cost of goods sold and other product cost related items such as the cost of samples
Prepare excess and obsolete inventory analysis
Evaluate and recognize adjustments as necessary and prepare margin analysis as appropriate. Manage inventory accounting and valuation
Coordinate closely with FP&A to support planning and forecasting related to production, product costs and inventory
Accounting for certain prepaid and accrual accounts
Prepare accurate journal entries and general ledger account reconiliations on a timely basis for several general ledger accounts. Specific account responsibilities may shift over time depending on needs, capabilities, and your interests as we continue to grow and evolve over time.
Responsible for the timely and accurate posting of month end close Accounting transactions
Execute the monthly-close process and preparation of monthly financial reporting packages for management review
Consistently maintain appropriate internal controls and uphold company policies & procedures
Interact successfully with internal and external auditors and support interim and year-end audits by providing timely & accurate data and communication
Prepare supporting schedules and documentation for SEC filings
Assist with updating controls including assessing any control gaps and changes in processes
Adhoc Accounting analysis schedules and reconciliations as requested

Qualifications:

Bachelor’s degree in accounting or related discipline, CPA is a plus, with 5+ years of related experience
3+ years of Inventory and Cost accounting experience in a public company, preferably with biotech industry experience
Strong systems skills including systems implementation experience. Prior experience utilizing systems to improve efficiency and accuracy of financial results. Experience with NetSuite or a major ERP
Superior attention to detail and strong organizational skills; strong process improvement and problem-solving skills
Picks up topics, moves them forward and achieves results with a hands-on approach, intellectual astuteness, and a way of working which is solution-oriented and pragmatic
Seeks out new ideas, sees innovation and reforms as a chance to actively shape change
Strong Excel expertise
Experience in SOX compliance requirements
Approaches contacts in a collegial way and quickly builds up stable professional relationships
Characterized by very strong communication skills
Ability to work in a team environment and clearly communicate deviating standpoints with respect
Demonstrated ability to work independently and embrace progressive change

The anticipated annualized base pay range for this full-time position is $105,000-$129,000. Ardelyx utilizes industry data to ensure that our compensation is competitive and aligned with our industry peers. Actual base pay will be determined based on a variety of factors, including years of relevant experience, training, qualifications, and internal equity. The compensation package may also include an annual bonus target and equity awards, subject to eligibility and other requirements.

Ardelyx also offers a robust benefits package to employees, including a 401(k) plan with generous employer match, 12 weeks of paid parental leave, up to 12 weeks of living organ and bone marrow leave, equity incentive plans, health plans (medical, prescription drug, dental, and vision), life insurance and disability, flexible time off, annual Winter Holiday shut down, and at least 11 paid holidays.

Ardelyx is an equal opportunity employer.

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