Accounting Manager

About Sanguine Biosciences, Inc. Sanguine Biosciences is accelerating personalized medicine research by empowering patients with their healthcare data and making it as easy as possible for them to participate in the medical research process. We partner with patients and pharmaceutical companies to accelerate precision medicine R&D by securely and efficiently collecting and providing patient samples and relevant health data. We are helping thousands of researchers at 20 of the top 40 global pharmaceutical and biotechnology companies increase the speed and quality at which they are conducting their research. It is an exciting time; our biotech company is growing quickly and needs the best team members to join us. The Accounting Manager will directly manage the accounting team, lead the day-to-day financial operations of our organization, overseeing the full accounting cycle from transactional processing to high-level financial reporting. This role is a critical partner to the operations, responsible for maintaining the integrity of the General Ledger, optimizing the Procure-to-Pay cycle, and managing complex variable compensation and inventory accounting. The ideal candidate is a solution-oriented leader who thrives in a fast-paced, "startup" atmosphere and possesses the technical rigor to ensure audit and tax compliance. Primary Responsibilities: 1. Team Leadership & Personnel Management Supervise and mentor accounting staff responsible for Accounts Payable, Accounts Receivable, and Payroll. Set clear performance goals, conduct regular 1-on-1s, and foster a culture of accuracy, urgency, and continuous improvement. Review the work of staff to ensure data integrity and provide technical guidance on complex transactions. 2. General Ledger & Month-End Close Lead the full month-end close process, ensuring the accuracy and timeliness of financial statements in accordance with GAAP. Maintain the General Ledger, including account mapping, COA updates, and management of classes/departments within the ERP (NetSuite/QuickBooks). Review and approve all journal entries, reconciliations, and account analyses. Publish month end financials on a timely basis 3.Operational Accounting (AR, AP, & Procurement) Procure-to-Pay & AP Oversight: Manage the end-to-end procurement process, ensuring proper classification of expenses (COA, Prepaids, Fixed Assets), PO approvals, and vendor relationship management. Quote-to-Cash & AR Oversight: Supervise customer invoicing, collections, and subledger reconciliations to optimize working capital. Spend Management: Oversee employee expense reimbursements and corporate credit card programs. 4.Inventory & Cost Accounting Inventory Management: Oversee inventory levels, valuation, and reporting accuracy. Cost Accounting: Develop and maintain systems to track and allocate costs accurately, supporting pricing strategies and operational decision-making. 5.Payroll & Variable Compensation Payroll Processing: Oversee the multi-state payroll and timekeeping systems. Incentive Management: Review the calculations and report on variable compensation, sales commissions, and bonus accruals, ensuring accurate entries and reporting. 6.Financial Reporting & Cash Management Cash Flow: Update cash flow actuals, monitor bank positions, and prepare variance analysis and forecasts to ensure liquidity. 7.Compliance, Audit & Tax Tax & Licensing: Oversee 1099 filings, Business Licenses, and Franchise Tax compliance. Audit Readiness: Manage internal and external audit processes, serving as the primary point of contact for auditors. Position Requirements: Education & Experience Bachelor’s degree in Accounting or Finance (Required). 4-6 years of accounting experience in a high-growth, fast-paced environment. CPA certification (Highly Preferred). Industry Experience: Prior experience in Life Sciences, Biotechnology, or Medical Research is strongly preferred. Startup Experience: Proven ability to build processes in an evolving, "hands-on" environment. 1-3 years Supervisory experience Technical Skills Advanced ERP Knowledge: Deep proficiency Netsuite & other ERP packages (NetSuite preferred). Systems & Tools: Expert-level Excel, G-Suite, and Salesforce.com. GAAP Expertise: Strong understanding of corporate finance concepts and complex accruals (legal, commissions, incentive compensation). Experience in a P2P (Procure to Pay) tool 3 + years NetSuite experience (required) Core Competencies Leadership Communication: Ability to translate complex financial data into "departmental views" for non-financial managers. Operational Urgency: Operates with a sense of urgency and high attention to detail under strict deadlines. Strategic Thinking: Ability to advise on fiscal strategy and support fundraising/due diligence efforts if required. Pay Range : $120,00-$130,000 annually plus performance based bonus Sanguine Biosciences is proud to provide equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification. Minorities, women, LGBTQ candidates, Veterans, and individuals with disabilities are encouraged to apply.Sanguine Biosciences is proud to provide equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification. Minorities, women, LGBTQ candidates, Veterans, and individuals with disabilities are encouraged to apply.