Vice President, Controller
About The Position
Immunic Therapeutics is seeking a VP Corporate Controller to lead its accounting function as the company transitions from clinical-stage development to commercial operations. Reporting to the Executive VP of Finance, the Controller will lead the accounting team and own the close, SEC reporting, internal controls, and gross-to-net revenue accounting, working closely with Commercial, Market Access, and Trade/Distribution. The role will help build the finance infrastructure, controls, systems, and team needed for the anticipated U.S. launch of the company’s first product. The ideal candidate has direct biotech experience through Phase III, deep commercial-stage gross-to-net expertise, and a hands-on builder mindset. The candidate must be based on the East Coast. Immunic Therapeutics is an Equal Opportunity Employer committed to a diverse, inclusive, and equitable workplace. Employment decisions are based on qualifications, merit, and business needs, without regard to protected status. The company does not accept unsolicited resumes from external agencies or recruiters and will not pay fees related to unsolicited resumes.
Requirements
- Bachelor’s degree in Accounting.
- CPA credential, active or inactive, required.
- 10+ years of progressive accounting experience, including Big 4 public accounting and public-company industry experience.
- Direct, hands-on gross-to-net accounting experience at a commercial-stage pharmaceutical or biotechnology company, including establishing or managing gross-to-net reserves and accruals.
- Strong knowledge of U.S. GAAP, particularly ASC 606 and ASC 330, SEC reporting requirements, and SOX 404 compliance, including internal control design.
- Demonstrated ability to lead a close process and manage and develop staff.
- Excellent communication skills and ability to partner cross-functionally with commercial and operational teams.
- Hands-on, detail-oriented, and strategic builder mindset, with high integrity, sound judgment, and strong ownership in a fast-paced, evolving environment.
- Direct biotech experience through Phase III.
- Must be based on the East Coast.
Nice To Haves
- Experience with Oracle NetSuite as an end user or administrator, ideally including a key role in a NetSuite implementation at a life sciences company preparing for commercialization.
- Experience with Workiva for SEC reporting, including 10-Q/10-K and XBRL tagging.
- Experience with a product launch or building commercial accounting processes from the ground up.
- Familiarity with government pricing, the Medicaid Drug Rebate Program, 340B, and specialty distribution models.
- Experience with gross-to-net/contract management systems such as Model N, IntegriChain, or Revitas.
Responsibilities
- Design, implement, and own gross-to-net revenue accounting for the first commercial product, including reserves for chargebacks, rebates, distribution and data fees, co-pay assistance, returns, and prompt-pay discounts.
- Develop audit-ready gross-to-net estimation methodologies, roll-forwards, and true-up processes applying ASC 606 variable consideration principles.
- Partner with Market Access, Trade, and Government Pricing to align contract terms, channel data, and government pricing calculations with accounting.
- Establish inventory accounting and costing under ASC 330, including pre-launch inventory capitalization, standard costing, CMO/3PL reconciliations, and excess and obsolescence reserves.
- Lead monthly, quarterly, and annual close activities, including clinical trial accruals, stock-based compensation, leases, and other technical areas.
- Prepare and review Forms 10-Q and 10-K, footnotes, and supporting schedules in partnership with the CFO and SEC reporting resources.
- Design and maintain a SOX-compliant internal control environment, scaling controls for order-to-cash, gross-to-net, inventory, and procure-to-pay processes.
- Serve as primary liaison with external auditors for quarterly reviews and the annual audit.
- Prepare technical accounting memos for new transactions and commercial arrangements, using external consultants as needed.
- Support selection and implementation of a commercial-ready ERP and related systems, including gross-to-net/revenue management and 3PL integrations.
- Build, lead, and develop a high-performing accounting team and manage outsourced accounting partners.
- Partner with FP&A on budgeting, forecasting, and launch-related financial analysis.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
