Chief Accounting Officer, Benchling
$250-500k
+ Equity
Cloud-based platform for biotech R&D
Job no longer available
Cloud-based platform for biotech R&D
501-1000 employees
Job no longer available
$250-500k
+ Equity
501-1000 employees
Company mission
To unlock the power of biotechnology and empower their global customers to get to milestones & market faster.
Role
Who you are
- The company is looking for a proven leader, results-oriented, with a track record of accomplishing objectives in a complex environment
- Equally important is solid business judgment, high integrity, and the ability to partner with the senior management team to drive Benchling's strategic vision
- The ideal candidate will have extensive experience in a fast-growth corporate environment, have built organizations to scale for efficiency and rapid growth, and have a history of experience that includes public company environments and public accounting
- Prior experience with Subscription businesses/SaaS is strongly preferred
- Bachelor's degree in Finance, Accounting, or Business; MBA or Masters in Accounting preferred
- Active Certified Public Accountant (CPA) License highly preferred
- Experience with a Big 4 or other national accounting firm preferred
- Minimum 10 years accounting and finance experience, with a minimum of 8 years in a financial senior leadership position in a public technology company
- Experience managing international accounting functions at both a corporate and a business unit-level for a global publicly-traded company, including consolidating US and non-US financial statements rolling up to the corporate level
- Experience presenting to Board of Directors, Audit Committees and other internal and external decision-makers
- Significant experience in SaaS business models
- Expert knowledge of financial activities, policies, and processes, including multi-currency consolidations, SEC reporting, and Sarbanes-Oxley
- Experience meeting SOX requirements and maintaining effective internal controls over financial reporting
- Must be a proven and effective leader that garners trust and loyalty from team members
- Demonstrated proficiency in enhancing financial systems to enable efficiency and scalability of the business and accounting functions
What the job involves
- Benchling is looking for a business-oriented Chief Accounting Officer who will be responsible for overseeing all accounting functions, including corporate accounting, international accounting, consolidations, external reporting, technical accounting, audits, payroll, and global tax
- The successful candidate will regularly collaborate with senior management, the business and functional group personnel worldwide, and our various professional service providers
- Direct and lead accounting teams in the oversight of company- wide accounting policies and controls consistent with SEC, US GAAP, and Sarbanes-Oxley compliance
- Plan and direct all accounting activities across the organization, to ensure compliance with GAAP, SEC regulations, SOX, statutory guidelines, and internal financial policies and procedures
- Coordinate the preparation of the company’s financial statements
- Drive external reporting, including presentations and direct communication with the external auditors, the Audit Committee and the Board
- Provide leadership required to strengthen and grow the Accounting team, with a commitment to recruiting, training, and mentoring
- Provide guidance and training of any relevant new accounting guidance including SEC regulations to the accounting team and the broader organization
- Partner with the FP&A organization to ensure the accuracy of the financial statements through a monthly executive review of revenue, expenses, assets, and liabilities
- Build the technical infrastructure and control environment to support the company's global growth and readiness for public life
- Leverage technology to build scalable/sustainable processes to create efficiencies, streamline accounting operations, and improve the employee experience
- Establish strong relationships with inter-departmental peers and be the go-to accounting source in the Company
- Continually evaluate and optimize month-end close processes, striving to deliver process automation, improved accuracy, and higher customer service
- Develop/enhance, implement and enforce accounting policies and procedures that will improve the overall operation and reduce risks of the business
- Manage insourced and outsourced international accountants for general accounting, payroll, tax, statutory accounts, and compliance
- Manage the annual consolidated external audit working with independent auditors
Our take
As the pioneer of the R&D Cloud, Benchling offers a cloud-based informatics platform tailored for biotechnology. Its platform enables scientists across the globe to make breakthrough discoveries and bring next-gen biotechnology to market.
There’s a sincerity and consciousness to Benchling’s approach that stands out. This has led to the company being adopted by over 200,000 scientists from 1,000+ companies and 7,500 academic and research institutions globally (including 23andMe, Moderna, and the U.S. Department of Defense).
The rapidly advancing Biotechnology industry was at the forefront of the so-called “fourth industrial revolution”, with the industry driving $2 to $4 trillion per year of economic impact over the next 20 years.
Benchling has put itself in a position of immense value within the industry with its expanding offerings. Off the back of over $400 million in total funding, the company is seeing accelerated growth
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
Nov 2021
$100m
SERIES F
Apr 2021
$200m
SERIES E
Total funding: $411.9m
Company benefits
- 4 months paid parental leave
- 401k plan
- Pre-tax commuter benefits
- Flexible paid time off
- Work from home opportunities
- 100% premiums covered for health, dental, & vision
- Fertility healthcare and family-forming benefits
Company values
- Constant Curiosity - Like the scientists we serve, we approach life with a sense of constant curiosity
- Scientist First - We’re relentlessly focused on taking a scientist-first approach
- Impact Driven - We commit our time, energy, and resources to efforts that will drive maximum impact
Company HQ
Yerba Buena, San Francisco, CA
Articles
Leadership
Sajith Wickramasekara
(CEO)Sajith studied at MIT before spending 2 years as a Research Assistant at Duke University Medical Centre and Liquidia Technologies. They used this biotechnology understanding to found Benchling in June 2012, serving as CEO since.
Ashu Singhal
(President)They previously co-founded Hotspots.io which was later acquired by Twitter in 2012. After this, became Staff Software Engineer at Twitter for 2 years, leaving to co-found Benchling.
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