Associate Director, Billing & Revenue Accounting

Overview

Elevate Bio is a technology-driven cell and gene therapy company, accelerating access to cutting-edge technologies and expertise to change the future of medicine. Our integrated technologies model offers turnkey scale and biotechnological capabilities to power genetic medicines processes, programs, and companies to their full potential. We are seeking an exceptional candidate to join the Elevate Bio Finance team. The Finance team serves as a key stakeholder in strategic decisions, including cost analysis, pricing, revenue, and line of business profitability analysis.

The Associate Director, Billing and Revenue Accounting will collaborate with multiple teams to manage billings, accounts receivable, and revenue recognition for customer contracts. This role will drive enhancements in the order-to-cash process to better support scaling of the business, enhance management reporting, and support financial planning and analysis. The person will be a key member of the Finance team and will work closely with the Vice President, Corporate Controller to interface with company senior leadership for the continued growth of the Company.

• Perform month-end close responsibilities for revenue accurately and in line with closing schedules
• Ensure revenue recognition for customer contracts is in compliance with company policies
• Responsible for building and maintaining a revenue model to support revenue recognition for all major contracts
• Work closely with relevant groups to review contract milestones, pricing, timelines, and related project forecasts
• Prepare monthly management reporting package to highlight key results and provide explanations to senior leadership and business partners
• Oversee the billing and accounts receivable functions, including managing client relationship and communications on all billings related matters
• Drive improvements/enhancements of the overall billing and revenue cycle by working cross-functionally with the commercial, program management and operations groups
• Partner with FP&A team in the annual budgeting process for all revenue generating activities
• Support the short-term and long-term forecast process including revenue analysis at the company, service, and contract level
• Establish and maintain analysis and support for standalone selling prices and the allocation of transaction prices
• Collaborate with the technical accounting team to document revenue policies and procedures as well as deal specific accounting memos
• Assist with interim reviews and annual external audits
• Key player on SOX implementation team focusing on risk assessment, key controls, documentation, and testing

• Bachelor’s degree in Accounting/Finance/Business required
• Current CPA certification and/or MBA, while not required, will be considered a plus
• Strong knowledge of ASC 606 and the percentage of completion method
• Approximately 8+ years of revenue recognition accounting experience
• Superior oral and written communication skills, including the ability to present complex concepts in a clear and concise manner to all levels of the organization
• Experience in biotechnology and the manufacturing service business
• Successful candidate will be a self-motivated individual, able to achieve high impact in a fast-growing biotech startup

The budgeted range for this position is $170,000 - $210,000. This range is a good faith estimate of the expected salary range for this position, based on a wide range of factors including qualifications, experience and training, operational and business needs and other considerations permitted by law.

Elevate Bio is a technology-driven company built to power transformative genetic medicines today and for many decades to come. The Company commercializes its enabling technologies, manufacturing capabilities, and industry-leading expertise through partnerships to accelerate development across a breadth of therapeutic approaches and modalities. The Elevate Bio ecosystem combines multiple R&D technology platforms – including Life Edit, a next-generation, full-spectrum gene editing platform;

comprehensive cell engineering technologies; and an expanded viral and…