Manager, Technical Accounting and SEC Reporting
Hiring Manager: BC Chapagain ([email protected])
Description
Who We Are
BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.
Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.
Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.
Our Culture
It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.
Job Title: Technical Accounting & SEC Reporting Manager, Hybrid
Location: San Rafael, CA (Hybrid is 2-4 days per week onsite in San Rafael)
About the Opportunity:
We are seeking a highly skilled and detail-oriented SEC Reporting and Technical Accounting Manager to join our team. This critical role will focus on ensuring compliance with SEC reporting requirements, managing technical accounting matters, and supporting the company’s financial reporting objectives. As a key member of the team, this person will report to the Director of SEC Reporting and work closely with cross-functional departments to ensure accuracy, timeliness, and transparency of financial information. Role requires 2 days on site per week at company’s HQ in San Rafael, CA.
Responsibilities include:
Technical Accounting:
- Account for share-based compensation awards (RSUs, options, and ESPP), including reviewing valuation assumptions in compliance with ASC 718.
- Prepare derivatives and FX cash flow entries in collaboration with third-party service provider under ASC 815 and ASC 820.
- Prepare monthly and quarterly WASO and diluted EPS calculations.
- Research and document complex accounting topics, including the application of new accounting standards and their impact on the company’s financial statements.
- Monitor industry trends and best practices to recommend improvements to the company’s accounting policies, procedures, and disclosures.
SEC Reporting:
- Manage the preparation and review of financial statements and disclosures in Forms 10-K, 10-Q, and 8-K, ensuring compliance with US GAAP and SEC requirements.
- Prepare consolidated Statement of Cash Flows and related disclosures under ASC 230.
- Coordinate with external auditors to support the review and audit of quarterly financial statements and disclosures.
- Assist in the preparation of earnings releases and investor presentations, collaborating with investor relations and FP&A departments to ensure alignment and accuracy.
- Stay up to date with FASB and SEC regulations to ensure timely implementation of changes in reporting requirements.
- Review XBRL tagging in compliance with SEC requirements.
Other:
- Assist with the preparation and review of the proxy statement.
- Assist with ad-hoc projects and initiatives as needed.
Education and Experience:
- Bachelor’s degree in accounting, finance, or a related field.
- CPA license or equivalent certification.
- 5+ years of experience in public accounting (Big 4) and/or combination with industry.
- Strong knowledge of US GAAP and SEC reporting requirements.
- Proficiency with MS Office products and advanced excel skills.
- Strong analytical, communication and organizational skills.
- Familiarity with reporting tools (e.g., Workiva) and ERP systems (e.g., Oracle, SAP)
Preferred Skills:
- Experience with biotech, pharmaceutical, or related industry experience.
- 3+ years at Big 4 with technical accounting experience.
Equal Opportunity Employer/Veterans/Disabled
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.