Corporate Controller at Velocity Bioworks Inc – San Antonio, Texas

TITLE: Corporate Controller

REPORTS TO: Chief Financial Officer

LOCATION: Remote (U.S.-based; minimal travel 0–10%)

The Company

Tivic Health is a clinical-stage company advancing the field of biologics. Tivic’s lead drug candidate, Entolimod™ to treat Acute Radiation Syndrome (ARS), is in late-stage development. Entolimod™ is a TLR5 agonist that activates an innate immune pathway to prevent cell death in the bone marrow and epithelial tissues across systems impacted by radiation and age. To learn more about Tivic, visit: https://tivichealth.com/

Position Summary

Reporting directly to the CFO, the Corporate Controller will lead accounting and financial reporting for this pre-revenue, publicly traded pharmaceutical company. This role is ideal for someone who enjoys owning the details, operating in a lean environment, and maintaining public-company rigor while helping build scalable processes. This key role will supervise the Plant Controller at our wholly owned subsidiary, Velocity Bioworks, Inc., a contract design and manufacturing organization (CDMO) responsible for the manufacture of our lead drug candidate, Entolimod™.

Key Responsibilities

• Manage the monthly, quarterly and annual close, including journal entries and account reconciliations.
• Prepare monthly reporting package to management.
• Prepare U.S. GAAP consolidated financial statements and support for SEC filings (10-K, 10-Q, 8-K and Proxy).
• Manage R&D and clinical trial accounting, including CROs and manufacturing development costs.
• Oversee equity accounting, including stock-based compensation and warrants.
• Lead SOX compliance and internal control documentation.
• Work with external auditors and tax advisors to support financials, disclosures and tax returns.
• Oversee billing, accounts receivable, accounts payable, general ledger, inventory/cost accounting, and revenue recognition.
• Maintain general ledger day to day through to and including month-end closings.
• Implement and maintain proper internal controls.
• Manage and control all expenses, accruals, and collaboration agreements.
• Conduct accurate and timely month and year-end closings in accordance with corporate policy.
• Review subsidiary monthly reporting package within mandated timelines and work with subsidiary Controller to ensure reconciliation of intercompany accounts.
• Process fixed asset additions, transfers, and disposals.
• Improve accounting processes and systems in a growing, pre-revenue environment
• Ensure GAAP accounting compliance for areas such as revenue recognition, lease accounting and stock-based compensation.
• Perform monthly analysis of budget-to-actual results and provide timely reporting to key stakeholders.
• Assist with annual budget process of the Company and subsidiaries, including quarterly or other reforecasting as needed.
• Assist with preparation of board materials including financial results and budget-to-actual results.
• Oversee system implementations as needed, including ERP system and equity administration system.
• Serve on special projects as requested.

Education & Experience

• Certified Public Accountant (CPA) license preferred.
• Bachelor’s degree in accounting or finance
• Strong public company and SEC reporting experience.
• Public accounting experience with 8+ years of private industry experience, preferably in the life sciences/biotech/pharmaceutical industry.
• Proficiency with Microsoft Office tools (Excel, Word, Power Point, etc.), QuickBooks Online and NetSuite (preferred).
• Understanding of US GAAP and SOX.
• Comfortable being highly hands-on in a lean organization.
• Nice to have – Big-4 or national public accounting experience; clinical-stage company experience with clinical trial and CRO accounting.

Knowledge & Skills

• Exceptional internal and external relationship management capabilities.
• Diplomacy, listening, independent work skills, and strong work ethics.
• Excellent problem-solving skills, and business decision-making skills.
• Strong attention to detail; self-motivation with strong organization, communication (written and verbal), and computer skills (expertise with Excel, PowerPoint, and Word)

Physical & Travel Requirements

• While on-site performing the job duties, the employee is regularly required to sit; reach with hands and arms and talk or hear. The employee is frequently required to stand and walk. The employee may sometimes be required to lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus. The employee must have manual dexterity and manual ability to effectively use computer terminals.
• Work is generally performed Monday-Friday during normal business operating hours.
• Travel: < 10%.
• Preferred time zone is Pacific time.

Notice to Third Party Agencies: Tivic Health does not accept unsolicited resumes from recruiters or employment agencies. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement and approved engagement request with Tivic Health, Tivic Health reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.

Tivic Health is proud to be an EEO/AAP Employer. Tivic Health encourages protected veterans, individuals with disabilities, and applicants from all backgrounds to apply. Tivic Health ensures nondiscrimination in all programs and activities in accordance with Title VI of the Civil Rights Act