Controller, Managed Accounting Services (Life Sciences) presso KBF CPAs

KBF is built differently. Pairing an entrepreneurial mindset combined with deep technical experience, KBF is a trusted partner and recognized tax, audit, and advisory leader, providing a comprehensive range of services designed to support our clients’ growth and expansion.

Since day one, our growth has been rapid, requiring exceptional professionals that bring both technical skill and strategic vision to the table. Our culture combines the energy and flexibility of a start-up with the opportunity to develop and advance a career based on your strengths and interests.

KBF is currently seeking a Controller, based in San Francisco, CA, with significant experience in the life sciences industry to join our U.S. Managed Accounting Services team.

As the external client facing Controller at KBF within the Managed Accounting Services practice you will be responsible for assisting clients with closing their books monthly, properly recording revenue, documenting and performing analysis over cost accounting and other critical areas, maintaining financial records for various clients, assisting with internal budgets and internal processes, and reviewing other team members’ work. This role will lead the monthly closure of numerous client books with a concentration in the life sciences industry. This position will be a management level role with the expectation that client service is critical. The role will report to the Director of Managed Accounting Service and be supported by a team of accountants at other KBF global offices. Each Controller will manage between 15-25 clients depending on the workload and size of the clients.

Responsibilities 

• Comfortable working in a client-facing role, working on business development, as well as relationship building all while ensuring client work is done at a premium level.
• Clients in Life Sciences have various revenue streams, including product sales, biotech licensing, software solutions, services and royalties. The Segment continues to expand with new product initiatives.  This role will support and partner with commercial business teams at clients to establish sound business models, proper revenue recognition, transaction posting accuracy, and disclosure processes.
• A working manager that is comfortable rolling up their sleeves and doing what it takes to get the job done right.
• Provide solutions to challenges proactively. Seek to understand the clients’ business and use this knowledge to ensure transactions are recorded correctly. Leverage your full cycle accounting experience to streamline accounting processes for our clients.
• Ability to plan, assign and review work performed by Bookkeepers working on engagements for accuracy as well as provide feedback for improvement. Assist in implementing new tools and software.
• Own the financial monthly, quarterly, and year-end financial close processes, including assigned journal entries, balance sheet account reconciliations, accruals, and complex accounting items for multiple clients simultaneously. Develop a detailed close plan/schedule for each client and make sure all tasks are completed prior to scheduling a formal review with the Director of Managed Accounting Services.
• Proactively manage project deadlines to ensure delivery of work product based on client expectations and deadlines.
• Collaborate with the Managed Accounting Services and Tax teams regarding technical questions as well as progress of projects, tasks and associated budgets.
• Review client financial performance on a monthly basis and make recommendations for improvement
• Assist clients with properly recording transactions associated with revenue recognition (ASC 606), equity and leases to ensure GAAP compliance.
• Collaborate with team members to make recommendations to clients associated with process improvements and KPIs/Dashboard improvements.
• Support Mergers & Acquisitions, due diligence, purchase accounting, and integration activities.

• Perform other related duties as necessary or assigned 
• Comply with the firm’s policies and procedures, such as timesheet submission, attendance policy, etc.

Qualifications & Requirements  

• Bachelor’s degree in accounting or a related field
• CPA license
• Previous work experience as a Controller or similar role in the life sciences industry
• In-depth working knowledge and understanding of U.S. General Accepted Accounting Principles (GAAP)
• Ability to learn and work in multiple accounting systems and prioritize multiple tasks in a fast-paced, high-volume environment
• Advanced level MS Excel skills
• Excellent organizational skills and attention to detail
• Motivated, quick learner with strong communication skills and demonstrated professionalism
• Able to work independently and as part of a team to see projects through to completion
• Individuals must be eligible to work in the U.S.

San Francisco, CA 

The salary range for this position reflects various factors that influence compensation decisions, such as skills, experience, training, certifications, licensure, geographic location, and other organizational requirements. At KBF CPAs, it is uncommon for a candidate to be hired at the high end of the salary range, as compensation is based on the unique qualifications and circumstances of each individual. The estimated current salary range for this role is $130,000 to $180,000 for candidates based in San Francisco.

Benefits are also a vital component of overall compensation. KBF is proud to offer a comprehensive range of quality benefits, including medical, dental, 401(k), pension, and more, to help protect your health, your family, and your way of life.