Why Nuvig Be a part of a potential game-changer for patients with autoimmune disease! Nuvig Therapeutics is developing novel immune therapies to treat a broad spectrum of autoimmune diseases. Our treatments are developed to be active for a broad spectrum of autoimmune diseases, without the inherent side effects and safety concerns of long-term treatment with existing therapies, such as immunodeficiency and increased cancer risk. In early 2024, our Development Candidate NVG-2089 advanced to a Ph 1b trial in patients. This is an opportunity to play a key role in the success of an early-stage organization working to advance innovative and transformational therapies to improve treatment options for patients. Join us in making a dramatic difference in patients' lives!
Position Summary The Staff Accountant will be responsible for providing expertise in financial, project accounting, accounting services, and following company finance policy. This position is a key role with core financial responsibilities ensuring the Company’s compliance with finance and accounting regulations. The ideal candidate is a detail-oriented, communicative, self-motivated team player with a solid working knowledge of GAAP and internal controls.The Staff Accountant will report to the VP of Finance.
Responsibilities:
Maintain general ledger to ensure financial statements are in accordance with GAAP, process transactions, complete month-end reconciliations, prepare monthly financial reports. Maintain financial procedures and compliance. Also track and identify key business contract renewals and required filings.
Process Accounts Payable
Assign proper accounts and class
Assign proper approvers
Identify proper terms and day of payment
Validate bill is not a duplicate, identify duplicate bills, and resolve appropriately
Follow up on and manage outstanding invoices
Obtain I9s for all vendors prior to making payments
Verify vendor bill is in agreement with contract (i.e., hourly rate or milestone payments for contractor, no invoice beyond term date, etc.)
Use Bill.com to process AP and sync appropriately to QuickBooks/NetSuite
Ensure recurring “fixed” payments such as rent are processed timely, as well as recurring “variable” payments such as benefits
Process expense reports and corporate credit cards
Assign proper accounts, classes, and approvers
Validate expenses are in line with T&E policy
Validate expense report items are not duplicates
Process approved expense reports timely and record payment in Quickbooks
Investigate vendor payments, expense report payments, credit card payments as necessary; contact vendors and resolve any billing issues
Perform calls to outside parties related to payments or receipts
Reconcile balance sheet accounts at month-end including:
Cash – reconcile within QuickBooks. All cash accounts including Checking, Money Market, Savings, and Investments
Prepaid expenses and other current assets– verify expenditure is properly classified as prepaid. Include all pertinent details: vendor, term and expense account. Proactively identify prepaids that should have a renewal, i.e., insurance
Fixed assets – verify expenditure is properly classified as a fixed asset per the capitalization policy. Record depreciation in accordance with the capitalization policy
Deposits and other long term assets – ensure expenditures are correctly classified as long ter
Accounts payable - generate A/P Aging within QuickBooks/NetSuite Follow-up on outstanding bills as appropriate
Accrued expenses – review operating expenses per the draft income statement, as well as the forecast to determine relevant accruals. Reverse prior month accruals in total before recording current month accruals
Partner cross-functionally within finance, and various functional business owners to establish best practices, as well as drive on-going process refinement to improve the efficiency and accuracy of GL accounting and reporting
Participate monthly pre-close meetings
Financial Statements
Prepare monthly financial reports
Prepare tax worksheets and work with outside tax firm to complete the corporate tax returns
Prepare annual 1099s
Prepare worksheets for annual financial audit
Perform other ad-hoc analysis and transactional processing as requested
Leverages knowledge to resolve questions and inform answers
Provides support to organization by proactively disseminating information or knowledge
Support the transition from QuickBooks to NetSuite
Support special ad hoc projects as needed
Other duties as assigned
Knowledge and Skill Requirement:
Strong working knowledge of GAAP
High proficiency in accounting and finance
Strong analytical and strategic planning and problem-solving skills
Must be a demonstrated self-starter, have a strong bias towards action, and team player with strong interpersonal skills
Someone that is flexible and drawn to a fast-moving environment
Must have the ability to build and maintain positive relationships with management, peers, and subordinates
Excellent written and verbal communication skills required
High attention to detail required
Qualifications: To perform this job successfully, an individual must have demonstrated experience and aptitude in the essential job functions documented above. The requirements listed below are representative of the knowledge, skill, and/or ability required:
Bachelor’s degree in accounting or finance required
Certified Public Accountant (CPA)
Min. of 3 years of experience in accounting
Proficient in Microsoft Word, Excel, Powerpoint, Quickbooks, NetSuite, Bill.com
Proven ability to handle multiple projects
Must be proactive, able to work independently as well as part of a high functioning team, and technology-savvy.
What We Offer
A culture inspired by our values: (e.g., patients first, teamwork, scientific rigor and curiosity)
A collaborative, data-driven pre-IPO start-up environment where we inspire each other to always perform at our best and focus on advancing science that will help patients
Learning and development resources to help you grow professionally and potential for advancement for stronger performers
Competitive compensation (Base & Performance Bonus) and stock option package (equity in an early-stage company)
Rich medical, dental, and vision insurance plans
Health, Limited, and Dependent Care FSA; HSA with company contributions
401(k) with company matching
Pre-Tax Commuter Benefits
Paid Term Life and AD&D, STD, and LTD plans
Employee Assistance Program (EAP)
Generous company paid holidays and flexible PTO
Flexible work schedule (on-site/hybrid)
Kitchen stocked with a variety of healthy and delicious snacks and drinks
The salary range for this position is $112,000 to $135,000. Nuvig considers various factors when determining the base compensation, including market survey data, experience, qualifications, and geographic location, which means that the actual compensation will vary.
About Nuvig Nuvig Therapeutics, Inc., headquartered in Redwood City, CA is a science-driven research and clinical development organization focused on fundamentally transforming how we approach and treat inflammatory and autoimmune diseases. Our first product candidate NVG-2089 is a recombinant, human IgG1 Fc fragment that has been engineered to target inhibitory Fc receptors and modulate immune response. Additional efforts are focused on engineering full-length therapeutic antibodies to maximize their ability to control aggressive autoimmune diseases. The company was founded in 2021 by industry veterans and closed a $47 million Series A financing, led by Novo Holdings A/S and Platanus, joined by Bristol Myers Squibb, Digitalis Ventures, and Mission BioCapita.