What are the responsibilities and job description for the Assistant Controller position at Parker Institute for Cancer Immunotherapy?
About Us
The Parker Institute for Cancer Immunotherapy (PICI) is a 501c3 nonprofit organization driving the next generation of cancer treatment by accelerating the development of breakthrough immune therapies to turn all cancers into curable diseases. Founded in 2016 through the vision of Sean Parker, PICI unites the nation’s top cancer centers into a collaborative consortium that fuels high-risk, high-reward science with shared goals, data, and infrastructure. Unlike traditional research models, PICI goes beyond discovery by actively advancing promising innovations through clinical testing, company formation and incubation, and commercialization. PICI has supported more than 1,000 investigators across its network and has a portfolio that includes 17 biotech ventures with over $4B raised in capital. PICI is uniquely positioned to close the gap between scientific discovery and patient access. By integrating scientific excellence with entrepreneurial execution, PICI is reimagining how cures are made, and accelerating their path to the people who need them most. Find out more at parkerici.org and follow us on LinkedIn, X, Apple Podcasts and Spotify.
As an Assistant Controller, you will be a key driver of financial integrity within our high-impact mission to cure cancer. You will assist with ownership of the general ledger, lead reconciliation processes, and serve as a power user for NetSuite. Reporting to the Controller, you will be accountable for every dollar—from philanthropic gifts to venture investments—is accounted.
Reporting Structure and Team
The Assistant Controller reports to the Controller, and assists in the management of outsourced accounting staff.
FLSA Status: Exempt
Responsibilities
Financial Reporting & Analysis: Lead the preparation of monthly, quarterly, and annual financial statements, including balance sheet, income statement, cash flow, statement of activities, and statement of functional expenses. This includes variance analysis and ad hoc management reporting.
Closing Processes: Lead and own month-end, quarter-end, and year-end closing procedures. Ensure strict compliance with US GAAP and IRS 501(c)(3) standards for nonprofit reporting. Knowledge of ASC606 is preferred.
Audit & Tax Compliance: Manage relationships with external auditors, lead the preparation of all audit documentation, coordinate annual audits, and ensure timely and accurate tax filings.
Accounts Payable: Oversee and approve weekly accounts payable runs, establish AP policies, and ensure timely vendor payments.
Accounts & Pledge Receivable: Direct invoice preparation and actively manage receivable accounts, implementing collection strategies to optimize cash flow.
Payroll: Direct bi-monthly payroll processing, reconciliation, and approval. Own reconciliation of payroll taxes, 403b, and benefits, ensuring full compliance.
Reconciliations: Responsible for all bank accounts, remaining balance sheet account reconciliations, as well as tie out to payroll register, benefits, Salesforce for donations, and any other reconciliation to ensure financial integrity.
Investments: Lead investment monitoring, oversee metrics and collection of quarterly data. Prepare and present the annual external investment review memo to leadership.
Documentation: Responsible for documenting key controls, desktop procedures, and key technical accounting memos.
Minimum Qualifications
Bachelor’s degree in Accounting; CPA license is highly recommended.
NetSuite Expertise: Knowledge of NetSuite or similar accounting system in a corporate or nonprofit environment.
Professional Background: 10 years of progressive accounting experience, with at least 2 years in a supervisory or management role, preferably with exposure to life sciences, biotech, or large-scale nonprofits.
Technical Excellence: NetSuite experience preferred – experience working with large ERP system required, advanced Excel skills are required. Knowledge of Salesforce is desirable.
Soft Skills: Strong analytical, problem-solving, and organizational skills, along with the ability to communicate complex financial data to non-financial stakeholders
Flexibility: Willingness to work on all ranges of tasks, from data entry into the accounting system to high level projects with management
Compensation & Benefits
The Parker Institute for Cancer Immunotherapy (PICI) is a 501c3 nonprofit organization driving the next generation of cancer treatment by accelerating the development of breakthrough immune therapies to turn all cancers into curable diseases. Founded in 2016 through the vision of Sean Parker, PICI unites the nation’s top cancer centers into a collaborative consortium that fuels high-risk, high-reward science with shared goals, data, and infrastructure. Unlike traditional research models, PICI goes beyond discovery by actively advancing promising innovations through clinical testing, company formation and incubation, and commercialization. PICI has supported more than 1,000 investigators across its network and has a portfolio that includes 17 biotech ventures with over $4B raised in capital. PICI is uniquely positioned to close the gap between scientific discovery and patient access. By integrating scientific excellence with entrepreneurial execution, PICI is reimagining how cures are made, and accelerating their path to the people who need them most. Find out more at parkerici.org and follow us on LinkedIn, X, Apple Podcasts and Spotify.
As an Assistant Controller, you will be a key driver of financial integrity within our high-impact mission to cure cancer. You will assist with ownership of the general ledger, lead reconciliation processes, and serve as a power user for NetSuite. Reporting to the Controller, you will be accountable for every dollar—from philanthropic gifts to venture investments—is accounted.
Reporting Structure and Team
The Assistant Controller reports to the Controller, and assists in the management of outsourced accounting staff.
FLSA Status: Exempt
Responsibilities
Financial Reporting & Analysis: Lead the preparation of monthly, quarterly, and annual financial statements, including balance sheet, income statement, cash flow, statement of activities, and statement of functional expenses. This includes variance analysis and ad hoc management reporting.
Closing Processes: Lead and own month-end, quarter-end, and year-end closing procedures. Ensure strict compliance with US GAAP and IRS 501(c)(3) standards for nonprofit reporting. Knowledge of ASC606 is preferred.
Audit & Tax Compliance: Manage relationships with external auditors, lead the preparation of all audit documentation, coordinate annual audits, and ensure timely and accurate tax filings.
Accounts Payable: Oversee and approve weekly accounts payable runs, establish AP policies, and ensure timely vendor payments.
Accounts & Pledge Receivable: Direct invoice preparation and actively manage receivable accounts, implementing collection strategies to optimize cash flow.
Payroll: Direct bi-monthly payroll processing, reconciliation, and approval. Own reconciliation of payroll taxes, 403b, and benefits, ensuring full compliance.
Reconciliations: Responsible for all bank accounts, remaining balance sheet account reconciliations, as well as tie out to payroll register, benefits, Salesforce for donations, and any other reconciliation to ensure financial integrity.
Investments: Lead investment monitoring, oversee metrics and collection of quarterly data. Prepare and present the annual external investment review memo to leadership.
Documentation: Responsible for documenting key controls, desktop procedures, and key technical accounting memos.
Minimum Qualifications
Bachelor’s degree in Accounting; CPA license is highly recommended.
NetSuite Expertise: Knowledge of NetSuite or similar accounting system in a corporate or nonprofit environment.
Professional Background: 10 years of progressive accounting experience, with at least 2 years in a supervisory or management role, preferably with exposure to life sciences, biotech, or large-scale nonprofits.
Technical Excellence: NetSuite experience preferred – experience working with large ERP system required, advanced Excel skills are required. Knowledge of Salesforce is desirable.
Soft Skills: Strong analytical, problem-solving, and organizational skills, along with the ability to communicate complex financial data to non-financial stakeholders
Flexibility: Willingness to work on all ranges of tasks, from data entry into the accounting system to high level projects with management
Compensation & Benefits
- Salary: $185k - $200k per year based on experience and qualifications
- Health, dental, and vision insurance
- 403(b) with company match
- Must be authorized to work in the United States; we do not sponsor work visas
- Local candidates highly preferred. NO REMOTE CANDIDATES.
- No relocation assistance will be provided
Salary : $185,000 - $200,000