Director, Internal Controls & Process Improvements

COMPANY:

At BioCryst, we share a deep commitment to improving the lives of people living with complement-mediated and other rare diseases. For over three decades we’ve been guided by our passion for not settling for “ordinary” in our quest to develop novel medicines. We leverage our expertise in structure-guided drug design to develop first-in-class or best-in-class oral small-molecule and protein therapeutics, led by the efforts of our team of expert scientists in our Discovery Center of Excellence in Birmingham, Alabama. Our global headquarters is in Durham, North Carolina, our European headquarters is in Dublin, Ireland and our employees span the globe across sites in multiple countries. We are proud of our culture of engagement and accountability that rewards people for innovative thinking and achievement of key objectives. For more information, please visit our website at www.biocryst.com or follow us on LinkedIn and Instagram.

 

JOB SUMMARY:

BioCryst Pharmaceuticals is looking for a Director, Internal Controls & Process Improvements.  Reporting into the Executive Director, Financial Reporting, Technical Accounting & Internal Controls, this position is responsible for the Company’s internal controls environment. The Internal Controls & Process Improvement Leader is responsible for developing a strategic vision for SOX compliance and ensuring the timely execution of such strategy including but not limited to creating the initial framework. This position will also be responsible for various project activities, including risk identification, evaluation and testing to ensure timely completion of SOX requirements and for identifying process improvement within the Finance organization. Internal Controls & Process Improvements Leader will provide process control guidance to the external audit firm and work with internal team members to ensure the internal controls are designed and working effectively. When ineffective controls are identified, this position is part of the solution in redesigning more effective controls. The Internal Controls & Process Improvements Leader will also act as the project manager and integral team member for the finance group after identifying and prioritizing a key list of process improvement projects.  This role will have 1 direct report. #LI-Remote

 

ESSENTIAL DUTIES & RESPONSIBILITIES:

Accounting Controls & Compliance

• Responsible for controls and compliance oversight within the accounting function to support management’s ICFR opinion
• Ensure accounting organization and its partners maintain a robust internal control environment and financial accounting practices to ensure accuracy, timeliness and completeness of financial information
• Partner with internal and external auditors during the annual testing process and serve as primary point of contact
• Design controls in new processes and communicate establishment of new controls to relevant parties
• Determine and communicate financial statement materiality to Accounting team
• Coordinate and/or update SOX documentation and key controls
• Assist in managing control issues/deficiencies identified throughout the year by management, internal audit or external audit team
• Support development of system implementation plans and ensure the appropriate controls and procedures are established
• Review system access and SOC1 reviews for key financial systems

 

 

Continuous Improvement Initiatives

• Partner with the business to understand changes to the Company’s operations to ensure that financial reporting and operational risks are identified and appropriately mitigated
• Rationalize, automate and simplify existing internal controls
• Deliver training, education and implement process improvement initiatives with respect to processes and internal controls over financial reporting
• Involvement in various transformational projects to identify potential changes in processes and controls
• Design and implement tools and processes to identify, approve, and track contracted deliverables across the business
• Maintain regular communication with key members of management to align on expectations and keep them apprised of key and emerging issues
• Assist with ad hoc accounting projects
• Identify and support continuous impr