Director/ Associate Director, External Reporting & Compliance

Reports to: Corporate Controller

Classification: Exempt

CymaBay Therapeutics, Inc. is a publicly traded, clinical-stage biopharmaceutical company based in Newark, California, focused on developing therapies for liver and other chronic diseases with high unmet medical need. We are looking for new team members to join our expanding organization.

Position Overview

Seeking a qualified, highly motivated, experienced Director/Associate Director of External Reporting & Compliance. This position plays a key role with overall accountability and responsibility for all aspects of SEC reporting, technical accounting, and SOX compliance. The individual in this role will coordinate and prepare all SEC filings, research and document technical accounting matters and advise and assist with their application. The individual will assist in building the infrastructure, processes and controls to become fully Sarbanes-Oxley compliant. This position interacts extensively with finance personnel and advisors, executive management, and external auditors.

Essential Functions and Job Responsibilities:

• Own and manage the preparation of quarterly reports (10-Qs), annual reports (10-Ks) and other applicable SEC filings
• Support the preparation of quarterly earnings releases and financial presentations
• Develop, communicate and manage external reporting calendar
• Drive and deliver analysis of financial statements and schedules in support of SEC filings, including management of XBRL tagging performed by our third-party consultants, maintaining validation tools and performing ad hoc analysis, as requested
• Support statutory filings for foreign entities, as needed
• Work cross-functionally with finance, department managers, and other stakeholders, including the external auditors, to ensure financial reporting-related deliverables are completed in a timely manner
• Direct and maintain an understanding of current/applicable GAAP and SEC/financial reporting requirements; use this knowledge to prepare the Company’s financial statements and footnotes
• Coordinate with external auditors and ensure support and information requests are provided timely for financial statement reviews and audits
• Assess impact of new and proposed accounting standards.
• Draft position papers to determine proper accounting treatment and update accounting policies as applicable
• Monitor significant corporate events, including significant contracts, and ensure proper and timely disclosure.
• Supports with the resolution of complex technical accounting issues timely and effectively including performing technical accounting research and preparing accounting memos as needed
• Provide guidance to operational finance personnel to ensure significant or complex accounting transactions are properly recorded and disclosed
• Participate in close activities for complex accounting areas such as stock-based compensation, cash flow statements, EPS calculations, and other complex accounting transactions
• Own the implementation and management of the Company’s SOX compliance effort
  • Evaluate and maintain internal control documentation in SOX 404 (b) compliance environment
  • Update documentation to reflect current controls, process narratives, risk control matrix, flow charts, etc.
  • Assist financial/SOX risk assessment, scoping, planning and facilitates walkthroughs with auditors and advisors
  • Facilitate and support control testing across various team members in the accounting function and be a to go person for the accounting team members.
  • Support auditors and advisors on all SOX related activities to ensure SOX compliance
• Support management of stock award and compensation system
• Provide strategic analysis of financial data and ad hoc financial reporting, as needed
• Assist with other projects such as financial systems implementations and process improvement initiatives as well as special projects as needed necessary

Minimum Qualifications:

• CPA and Big 4 audit experience required
• Bachelor’s degree in Accounting/Finance
• Minimum of 5-7 years of relevant experience in Public Accounting and corporate SEC reporting for large-accelerated biopharmaceutical Company;
• Life science industry experience preferred
• Ability to multi-task and effectively manage to achieve critical deadlines
• Ability to work in a team-oriented environment
• Attention to detail, with a desire for continuous process improvement.
• Self-starter, strong work ethic, able to work independently with minimal supervision
• Desire to continuously improve finance processes, systems, and controls
• Strong written and verbal communication and interpersonal skills
• Proficiency in Word, Excel, and PowerPoint
• Experience with mid-tier ERP/accounting systems (Sage, Microsoft Dynamics, NetSuite, etc.) 

This is a hybrid role - our work from home days are Monday and Friday and our in-office days are Tuesday, Wednesday and Thursday.

The anticipated salary range for the Associate Director level is $170,000 - $190,000 and Director level is $195,000 - $220,000. The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the job, type and length of experience within the industry, education, etc. CymaBay is a multi-state employer, and this salary range may not reflect positions that work in other states.