Head of Capital & Technical Accounting
About The Position
The Head of Capital & Technical Accounting is a newly established leadership role designed to provide expert financial stewardship over Genentech’s multibillion-dollar campus redevelopment while serving as the organization’s primary authority on complex accounting matters. This role is a high-visibility hybrid of strategic advisory and hands-on operational execution. The lead will be directly responsible for the financial integrity of the Campus Vision Plan, including the new gRED Center and other state-of-the-art research facilities totaling a multi-billion-dollar active investment. Approximately 70% of capacity is dedicated to active, day-to-day capital accounting execution, stewardship and managing the Capital Team, with 30% of capacity focused on leading the Technical Accounting Team and chairing governance bodies. This role ensures the accurate planning, recording and tracking of rising CapEx spend while safeguarding financial integrity through expert technical accounting guidance on capital transactions, leases, restructuring plans, M&A / alliance deals, reserves/rebates, evolving accounting standards, etc. It also champions the implementation of AI and machine learning to automate operational workflows, enhance CapEx tracking precision, simplify complex financial processes, and embed the "Right Work, Right Place" (RWRP) philosophy across the team's operating model.
Requirements
- Big 4 accounting firm experience is strongly preferred.
- In-depth experience in financial leadership for large, multi-year capital investment projects.
- Experience in the pharmaceutical, healthcare, or biotech industry is highly desired.
- Advanced technical expertise in Capital Accounting and its effects on financial statements.
- Proficiency with SAP (S/4 HANA) and SAC.
- Proven ability to leverage technology / AI to enhance operational workflows.
- Strong executive presence and communication skills to influence senior commercial and global leaders.
- A CPA is required.
- University degree in Business or Accounting, or similar qualification.
- 12+ years of relevant financial and business experience, with a bachelor’s degree (for PL8)
- 8 + years of relevant financial and business experience, with a Master's degree (for PL8)
- 15+ years of relevant financial and business experience, with a bachelor’s degree (for PL9)
- 12 + years of relevant financial and business experience, with a Master's degree (for PL9)
Nice To Haves
- A Master’s degree (MBA or equivalent) is preferred.
Responsibilities
- Serve as the definitive authority on Genentech’s accounting policies (including FGAR), ensuring 100% adherence across all functional areas.
- Drive high-impact organizational clarity by proactively translating complex technical & capital accounting / process requirements into simplified, accessible, and actionable communications for both finance and non-finance stakeholders.
- Actively leads the team’s compliant recording of assets, leases, capex, depreciation and asset sales/disposals per Roche (FGAR) accounting guidelines.
- Leads team to develop meaningful reporting from new system to better track CIP, while also assisting FM's with their expense forecasting efforts.
- Provides robust financial guidance for significant capital investments, including new research & technical development buildings, manufacturing plants, utility hubs, etc.
- Acts as an economic advisor on key capital vs. expense decisions, ensuring adherence to all internal policies & controls.
- Translates complex accounting details into clear advice to the business for both long-term planning and actual bookings.
- Drives the team to implement AI tools for analytics and automation within the capital lifecycle.
- Leads simplification efforts within the SAP S/4 HANA (ASPIRE) system and advocates for digital enhancements to optimize the end-to-end process.
- Acts as a digital champion to bridge the gap between technical accounting requirements and scalable digital solutions.
- Serves as the Chair of the Genentech Accounting Board (gAB), linking various Finance groups to address emerging issues with accounting implications.
- Acts as the local expert for all accounting-related inquiries, including providing expert technical accounting guidance on capital transactions, leases, restructuring plans, M&A / alliance deals, reserves/rebates, evolving accounting standards, etc.
- Partners with the SSC in Costa Rica to align on financial results and assess further process transitions to the center by identifying opportunities to Simplify, Automate, Standardize, and Transfer (SAST) technical accounting activities.
- Leads the implementation of new accounting standards, policies, and procedures across the Genentech organization.
- Manages a team of 4 direct reports.
- Fosters a "One Capital Team" approach, bridging local expertise with shared service support.
Benefits
- A discretionary annual bonus may be available based on individual and Company performance.
- Relocation benefits are not available for this position.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
