The PositionArrowhead is seeking a Senior Accountant, Revenue Accounting to join its Finance & Accounting team at its Pasadena, CA or San Diego, CA locations. Reporting to the Senior Accounting Manager and working closely with the Controller and cross-functional teams, this role supports key aspects of partnership/collaboration accounting and commercial revenue.
This is a newly created, high-impact role for executing core revenue accounting processes in a complex, ASC 606-driven environment. The position will play a critical role in ensuring accurate financial reporting, supporting SEC disclosures, and maintaining SOX-compliant processes. The ideal candidate is detail-oriented, highly responsive, and technically strong in revenue accounting, with experience operating in a fast-paced life sciences or public company environment.
This is a full-time, onsite position from our location in Pasadena, CA or San Diego, CA.
Responsibilities
- Develop a deep understanding of partnership and customer contracts and serve as the subject-matter expert on revenue accounting under ASC 606 and U.S. GAAP. Review and assess complex contracts, including partnership arrangements, to determine appropriate revenue recognition treatment and disclosure requirements.
- Monthly close responsibilities:
- Prepare revenue accounting models.
- Track actual labor hours and support updates to budgeted resource assumptions in collaboration with FP&A
- Assist with pulling and validating data from ERP systems (e.g., for cost reimbursement arrangements)
- Prepare journal entries related to revenue, receivables, and deferred revenue.
- Perform related balance sheet reconciliations and flux analysis. Analyze and record key revenue-related accounts, including:
- Accounts receivable
- Allowance for doubtful accounts
- Contract assets
- Short-term vs. long-term deferred revenue classification
- Support order-to-cash processes, including coordination with internal teams and review of transaction activity.
- Prepare and support SEC reporting requirements. Assist in preparation of revenue-related disclosures for Forms 10-Q and 10-K, including:
- Disaggregation of revenue
- Remaining performance obligations
- Significant judgments
- Billing and operational support:
- Prepare invoices to external parties, including cost reimbursement, clinical supplies, and other billable items
- Support gross-to-net revenue accounting activities, including coordination with third-party providers and review of supporting schedules.
- Prepare audit deliverables and provide PBC support to external auditors (e.g., KPMG), including:
- Revenue models
- Supporting schedules
- Responses to audit inquiries and sample selections
- Maintain and execute SOX-compliant controls over revenue and accounts receivable cycles, ensuring proper documentation and audit readiness.
- Partner cross-functionally with FP&A, Legal, Clinical, and IT teams to ensure completeness and accuracy of revenue inputs and reporting.
Requirements- Bachelor's degree in Accounting, Finance, or a related field.
- 3+ years of accounting experience, with exposure to revenue recognition (ASC 606 preferred)
- Strong understanding of U.S. GAAP and familiarity with revenue-related balance sheet accounts
- Experience supporting month-end close and balance sheet reconciliations
- Exposure to public company reporting and/or SEC filings is preferred
- Strong attention to detail and ability to manage multiple priorities under tight deadlines
- Strong analytical, organizational, and communication skills
Preferred- Experience in life sciences, biotech, or pharmaceutical industry
- Big 4 accounting experience
- Experience with ERP systems (e.g., D365 or similar) and data extraction for reporting
California pay range
$100,000-$115,000 USD
Arrowhead provides competitive salaries and an excellent benefit package.
Candidates must have current, valid authorization to work in the country where this role is located.
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