Fractional Controller

Fractional Controller – Biotechnology / Pre-IPO

Aphios Corporation
North Reading, Massachusetts Area | Fractional / Consulting
Job Code: APH-2605

Aphios Corporation, a clinical-stage biotechnology company advancing a diversified portfolio of therapeutic products and proprietary platform technologies, is seeking an experienced Fractional Controller to strengthen the Company’s accounting, financial reporting, internal controls, and audit readiness as Aphios advances its clinical programs, strategic partnerships, financing activities, and planned path toward the public markets.

This is a hands-on senior accounting position suited for an experienced Controller, Assistant Controller, CPA, or senior accounting professional who is comfortable working with an entrepreneurial biotechnology company while establishing the financial discipline and reporting infrastructure expected of a substantially larger organization.

The successful candidate should have strong accounting and financial reporting experience and familiarity with Sage accounting software or another accounting system capable of supporting GAAP-compliant financial reporting and robust internal controls
.

Experience with
NIH/SBIR funding, biotechnology accounting, financial audits, SEC reporting, IPO preparation, or public-company accounting is highly desirable.

• Maintaining accurate general ledger, balance sheet, income statement, and cash-flow reporting
• Monthly, quarterly, and annual financial close
• Accounts payable, accounts receivable, payroll coordination, and cash-management oversight
• Bank and balance-sheet reconciliations
• Budget-to-actual reporting and financial analysis
• Maintaining appropriate accounting policies, procedures, documentation, and internal controls
• Preparing financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP)
• Maintaining and improving the Company’s Sage accounting environment
  , or assisting with migration to or implementation of an appropriate scalable accounting system
• Preparing schedules and supporting documentation for independent financial statement audits
• Working with external accountants and auditors to maintain GAAP-compliant, audit-ready financial records
• Supporting development of accounting controls and reporting practices appropriate for an organization preparing for potential SEC reporting and public-company requirements
• Assisting management with financial information required for financing, investor, strategic partnership, and due-diligence activities
• Supporting accounting across Aphios Corporation and affiliated entities as appropriate

Aphios has a significant history of federally funded research and development.

Experience with
NIH, SBIR/STTR, or other federal grant accounting would therefore be particularly valuable.

Relevant experience may include:

• Tracking grant expenditures and allowable costs
• Direct and indirect cost allocation
• Project and grant-level accounting
• Payroll and labor allocation
  
  Financial reporting and documentation supporting NIH awards
• Audit-ready documentation of federally funded expenditures
• Familiarity with applicable federal grant accounting and compliance requirements

As Aphios strengthens its financial infrastructure in anticipation of future capital formation and potential entry into the public markets, additional value would be placed on experience involving one or more of the following:

• GAAP-compliant financial reporting and external audits
• IPO, direct listing, reverse merger, SPAC, or other public-market transactions
• Public-company accounting and reporting practices
• SOX/internal-control development or implementation
• Audit Committee interaction
• Equity, stock-based compensation, and capitalization accounting
• Investor, financing, and transaction due diligence

• Bachelor’s degree in Accounting, Finance, or related discipline
• Significant hands-on accounting and financial reporting experience
• Strong knowledge and practical application of U.S. GAAP
• Experience with Sage or comparable accounting/ERP software
• Experience preparing for and…