Bachelor's degree in Accounting or Finance; CPA preferred.
10+ years of progressive accounting experience, including 5+ years in Commercial Accounting.
Significant experience in biotech, pharmaceutical, or life sciences with exposure to commercial operations.
Expertise in ASC 606 revenue recognition, inventory accounting, and cost of goods sold.
Hands-on experience with 3PLs, CMOs, and distribution partners in a controlled environment.
Strong understanding of SOX internal controls and audit processes.
Experience enhancing accounting processes in a high-growth public company.
Responsibilities
Own and implement ASC 606 revenue recognition policies and procedures for product sales.
Manage development of models for gross-to-net reserves, including chargebacks and rebates.
Oversee outsourced order-to-cash accounting processes for accurate billing and reconciliations.
Prepare technical accounting memos and internal control documentation for audits.
Collaborate with cross-functional teams to align accounting and operational execution.
Provide accounting guidance on new commercial initiatives and pricing strategies.
Lead and develop commercial accounting staff and external consultants as needed.
Prepare SEC reporting and audit committee materials related to commercial activities.
Benefits
Opportunity to lead the establishment of commercial accounting operations.
Engagement in a fast-paced, pre-commercial environment with significant impact.
Collaboration with senior leadership across multiple functions.
Potential for professional growth in a high-growth public company.
Involvement in the launch of the company's first product.
Full Job Description
Position Overview
We are seeking a Senior Director, Commercial Accounting to lead the establishment and execution of commercial accounting operations as we prepare to launch our first product. This role will be instrumental in building scalable accounting processes and the internal control framework for revenue recognition, inventory and cost of goods sold, third-party logistics (3PL) accounting, and gross-to-net considerations while partnering closely with Commercial, Supply Chain, and Finance leadership.
The ideal candidate brings hands-on experience supporting product launches in biotech or life sciences, thrives in a fast-paced, pre-commercial or early-commercial environment, and can balance technical accounting expertise with cross-functional collaboration.
Responsibilities
Revenue Recognition & Commercial Accounting
Own and implement ASC 606 revenue recognition policies, procedures, and control activities for product sales.
Manage the development of a model and oversee accounting processes for gross-to-net reserves (e.g., chargebacks, rebates, returns, Medicaid/Medicare, and other government and commercial programs, as applicable).
Oversee accounting for the outsourced order-to-cash process, ensuring accurate billing, revenue cut-off, cash application, and reconciliations.
Prepare and maintain technical accounting memos, internal control narratives, and process documentation to support internal and external audits.
Collaborate with FP&A, Commercial, Market Access, Supply Chain, Legal, and IT teams to align accounting, forecasting, and operational execution.
Provide accounting guidance on new commercial initiatives, pricing strategies, and distribution models in a SOX-controlled environment.
Lead and develop commercial accounting staff and/or external consultants, as appropriate for company size.
Prepare SEC reporting, audit committee materials, and internal management reporting related to commercial activities.
Serve as a primary point of contact for external auditors for commercial accounting functions, including walkthroughs, control testing, and issue remediation.
Inventory & COGS
Own accounting for worldwide commercial and clinical inventory, including costing, overhead rate planning and application, variances, and inventory cost and quantity roll-forwards.
Direct the review of monthly manufacturing accruals, partner with cross-functional teams to ensure an accurate and timely financial close, and drive process improvements across the accrual close cycle.
Establish SOX-compliant controls over inventory valuation, reserves, obsolescence, excess inventory, and physical counts.
Ensure reconciliation and completeness controls between operational systems, 3PL reports, and the general ledger.
Provide guidance for ERP and 3PL system implementations, including design, testing, internal controls and audit readiness.
Qualifications
Bachelor's degree in Accounting or Finance; CPA preferred.
10+ years of progressive accounting experience, including experience in a public company subject to SOX 404(b), or equivalent, ideally 5+ years of experience in Commercial Accounting.
Significant experience in biotech, pharmaceutical, or life sciences, with direct exposure to commercial operations.
Demonstrated expertise in ASC 606 revenue recognition, inventory accounting, and cost of goods sold.
Hands-on experience working with 3PLs, CMOs, and distribution partners in a controlled environment.
Strong understanding of SOX internal controls, documentation standards, and audit processes.
Experience building or enhancing accounting processes in a lean, high-growth public company.
Knowledge and Skills
Excellent communication and cross-functional collaboration skills.
Ability to operate at both a strategic and detailed execution level.
Experience supporting a first commercial product launch in a public company preferred.
Immunome is a biotechnology company that develops next-generation cancer immunotherapies. The company's proprietary discovery engine identifies novel cancer targets and develops antibody-based therapies to treat cancer. Immunome's lead product candidate, IMM-BCP-01, is a first-in-class cancer immunotherapy that targets a novel cancer antigen. The company is headquartered in Philadelphia, Pennsylvania.
