About Us:

Culture’s mission is to make bioprocess development and scale-up as fast and easy as scaling software. Towards this aim, Culture’s first offering enables biopharma, biotechnology, and synthetic biology companies to run their bioprocessing R&D in the cloud. Clients design, manage, and analyze bioprocess experiments in Culture’s Console web application. Culture’s offering enables customers to focus on designing and improving their process versus spending time and effort building out their own high-throughput process development laboratory. While customers remotely observe the process and analyze data, the experiments are executed in Culture’s cloud bioreactor facility in South San Francisco. The facility is enabled by Culture’s proprietary 250mL and 5L single-use bioreactor technology and software systems.

At Culture, we combine our passions for biomanufacturing, engineering, and operations to build new solutions that make bioprocess development and scale-up faster. We value curiosity, communication, collaboration, customer focus and a drive for results.

The Opportunity:

Culture Biosciences is looking for a Senior Accountant. Your focus will be on the timely and accurate production of financial reporting deliverables for the company’s internal and external stakeholders. This position will work closely with other members of the Culture team to assist with month-end close, financial reporting, payroll and internal process improvement. This role entails collaboration with a diverse array of operational teams.

What you'll do:

Perform month-end, quarter-end and year-end close tasks including journal entry preparation, variance reporting, reconciliations, and account analyses.
Track, analyze and report inventory valuations, ensure valued inventories have accurate quantities and are properly valued in accordance with GAAP.
Prepare and analyze monthly reclass journal entries between COGS, R&D and SGA.
Prepare fluctuation analysis with explanations for material, labor, and overhead COGS in financial statements.
Review customer contracts to ensure that revenue is recognized accurately in accordance with ASC 606
Work with Commercial operations to onboard new customers, calculate revenue monthly, and generate invoices
Oversee company-wide payroll and ensure compliance with local tax authorities.
Responsible for year-end close out of internal payroll and external consultant processes, including W-2 and 1099 preparation.
Participate in quarterly review procedures and annual audit by providing information and responding to auditor requests and inquiries.
Monitor compliance with GAAP and company procedures, identifying and communicating any accounting, financial, or control issues to management.
Provide financial support to users as required and assist with any other projects as needed.
Help design, implement, and maintain a thorough system of accounting processes, policies, and SOX-compliant controls.

About you:

Bachelor’s degree in accounting or equivalent; CPA or CMA preferred.
At least five years of experience in accounting is required, preferably in a manufacturing company.
Considerable knowledge of accounting principles and internal controls.
Strong working knowledge of US GAAP principles and financial statements, including ASC 606 and multi-element experience and ASC 842.
Proficient in Microsoft Office with advanced Excel skills.
Experience with NetSuite; Airbase & Floqast a plus.
Effective communicator that works well cross-functionally and performs well in a fast-paced environment.

In return, we offer a supportive environment. Our company values are:

Lift others up. Because we all do better when we help each other succeed.
Commitment to reliability. Our teammates and customers are counting on us.
Think like an owner. Progress is driven by teams who care.
Try new things. Big innovations start with small ideas and actions

Location & Schedule:

This is a hybrid position. We’re looking for someone based in the San Francisco Bay Area who is able to work in person at our office in South San Francisco at least 2 days per week.

Base Salary Range:

Culture Biosciences's compensation package includes market competitive salary, equity for all full time roles, and great benefits. Our expected salary range for this role is $115,000 - $130,000. We are hiring for multiple levels and backgrounds so final offers may vary within the range provided based on experience, expertise, and other factors.

Benefits:

Competitive salary and equity compensation
Medical, Dental, Vision, and Life insurance
Medical and Dependent Care FSA (prorated based on start-date)
401(k) plan with company match
Responsible Time Off (non-accrual based) policy, 10 paid company holidays and a week-long winter break
12 weeks of parental leave at full salary
For onsite employees:

Commuter benefits
Access to on-site child care facility, subject to availability
Free onsite breakfast, lunch, snacks, coffee, and gym (varies based on COVID-19 restrictions)

Culture Biosciences provides equal employment opportunities to all employees and applicants. We seek to build a company that promotes inclusion and expands the diversity of our industry as a whole. We encourage people with identities underrepresented in biotech and technology to apply.

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