Senior Manager/Associate Director of Technical Accounting & External Reporting
Apply NowCompany: Legend Biotech Corporation
Location: Somerset, NJ 08873
Description:
Company Information
Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases. Headquartered in Somerset, New Jersey, we are developing advanced cell therapies across a diverse array of technology platforms, including autologous and allogenic chimeric antigen receptor T-cell and natural killer (NK) cell-based immunotherapy.
Legend Biotech entered into a global collaboration agreement with Janssen, one of the pharmaceutical companies of Johnson & Johnson, to jointly develop and commercialize ciltacabtagene autolecuel (cilta-cel) in 2017. Our strategic partnership is designed to combine the strengths and expertise of both companies to advance the promise of an immunotherapy in the treatment of multiple myeloma.
Legend Biotech is seeking a Senior Manager/Associate Director of Technical Accounting & External Reporting as part of the Finance team based in Somerset, NJ.
Role Overview
Legend Biotech seeks a high performing Senior Manager/Associate Director to be a key leader in our Technical Accounting & External Reporting Group. The primary objective of the position is to maintain our Technical Accounting positions and white papers over historical, complex transactions, required annual evaluations (i.e. impairment analysis), accounting under IFRS as well as required external reporting & disclosures. In this role, you will research, analyze, document, and implement technical accounting requirements for new transactions, which can withstand SOX 404 documentation and external audit scrutiny within an SEC regulated environment. The role will also have responsibilities managing and supporting the preparation of the Company's external reporting and SEC filings (Annual 20F, 6Ks, and press releases). There may be an opportunity to collaborate and contribute to imminent ESG reporting and disclosure requirements as well (e.g. CSRD, SEC, California, etc). This individual will report to the Director of Technical Accounting & External Reporting or as a Director, if leveled up, report directly to the Corporate Controller.
The ideal candidate will be organized, proactive, and intellectually curious and can critically analyze and articulate clearly verbally and in written form complex analyses. You are also a team player who collaborates well with colleagues and business partners and can work in a cross-cultural, global environment. You will demonstrate all of Legend's Core Values and are eager to work in an innovative, high-growth, and industry leading organization.
Key Responsibilities
Technical Accounting and Policies
External Reporting
Requirements & Preferences
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Legend Biotech is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Legend's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Legend Biotech maintains a drug-free workplace.
Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases. Headquartered in Somerset, New Jersey, we are developing advanced cell therapies across a diverse array of technology platforms, including autologous and allogenic chimeric antigen receptor T-cell and natural killer (NK) cell-based immunotherapy.
Legend Biotech entered into a global collaboration agreement with Janssen, one of the pharmaceutical companies of Johnson & Johnson, to jointly develop and commercialize ciltacabtagene autolecuel (cilta-cel) in 2017. Our strategic partnership is designed to combine the strengths and expertise of both companies to advance the promise of an immunotherapy in the treatment of multiple myeloma.
Legend Biotech is seeking a Senior Manager/Associate Director of Technical Accounting & External Reporting as part of the Finance team based in Somerset, NJ.
Role Overview
Legend Biotech seeks a high performing Senior Manager/Associate Director to be a key leader in our Technical Accounting & External Reporting Group. The primary objective of the position is to maintain our Technical Accounting positions and white papers over historical, complex transactions, required annual evaluations (i.e. impairment analysis), accounting under IFRS as well as required external reporting & disclosures. In this role, you will research, analyze, document, and implement technical accounting requirements for new transactions, which can withstand SOX 404 documentation and external audit scrutiny within an SEC regulated environment. The role will also have responsibilities managing and supporting the preparation of the Company's external reporting and SEC filings (Annual 20F, 6Ks, and press releases). There may be an opportunity to collaborate and contribute to imminent ESG reporting and disclosure requirements as well (e.g. CSRD, SEC, California, etc). This individual will report to the Director of Technical Accounting & External Reporting or as a Director, if leveled up, report directly to the Corporate Controller.
The ideal candidate will be organized, proactive, and intellectually curious and can critically analyze and articulate clearly verbally and in written form complex analyses. You are also a team player who collaborates well with colleagues and business partners and can work in a cross-cultural, global environment. You will demonstrate all of Legend's Core Values and are eager to work in an innovative, high-growth, and industry leading organization.
Key Responsibilities
Technical Accounting and Policies
- Monitor SEC and IFRS accounting developments in order to remain aware of upcoming/relevant requirements that will affect accounting, financial reporting, and SEC requirements.
- Oversee the research and implementation of new accounting and disclosure requirements on a worldwide basis. This includes the preparation of detailed accounting whitepapers/memos.
- Oversee the revenue recognition review of new contracts in accordance with IFRS and Legend's revenue policy. This includes reviewing agreements, discussing transactions with the business, FP&A and Legal, and documenting the review process.
- In collaboration with Accounting, oversee company-wide Accounting Policies including annual reviews/updates
- Perform ad hoc technical accounting research and participate in various special projects on an as needed basis.
- Prepare all related deliverables (memos, tie-outs, etc) to full SOX 404 compliance standards.
- Assist and coordinate with external and internal auditors to ensure all financial reporting and technical accounting requests are handled on a timely basis and any relevant issues are communicated to Management immediately.
- Effectively manage multiple competing priorities in a deadline driven environment.
External Reporting
- Oversee the preparation of the Company's external financial statements and related disclosures for the Company's 6K and 20-F filings with the SEC, including the preparation of clear, concise, and referenced supporting documentation to support each filing.
- Oversee the process of compiling supporting documentation for the Company's quarterly earnings release.
- Evaluate IFRS and SEC disclosure requirements to ensure Legend's financial reporting & disclosure compliance.
- Assess current collection of data and reporting to continuously focus on process improvement t
Requirements & Preferences
- Bachelor's degree in Accounting is required. CPA Required.
- 8+ years of combined auditing, accounting, and external reporting experience, with at least 5-7 years public accounting experience obtaining Manager-level role and responsibilities
- Big 4 accounting/audit experience in an SEC & PCAOB environment is preferred.
- Experience with Sarbanes-Oxley (SOX) is required.
- Experience and expertise with IFRS is preferred
- Experience in life sciences industry is preferred with experience in collaboration accounting for R&D, Clinical, and Commercial agreements/transactions
- Experience with performing technical accounting research and preparing accounting memos.
- Experience with drafting financial statement filings with the SEC (10-Q/6K and 10-K/20-F).
- Ability to work independently and collaboratively, as required, in a fast-paced, matrixed, team environment consisting of internal and external team members.
- Proactive in identifying important topical concerns and issues and can preemptively recommend adequate action steps
- Experience in SAP (S/4 Hana), OneStream, and Workiva are preferred, but not required.
- Excellent communication and presentation skills, both verbal and written, along with the ability to influence and demonstrate confidence in communications with senior level management.
- Process-oriented with strong attention to detail.
#LI-LB1
#LI-HYBRID
Legend Biotech is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Legend's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Legend Biotech maintains a drug-free workplace.