Intellia Therapeutics, Inc. logo
Senior Manager, Commercial Accounting
full-timeCambridge$143k - $175k

Summary

Location

Cambridge

Salary

$143k - $175k

Type

full-time

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About this role

Why Join Intellia? 

Our mission is to develop curative genome editing treatments that can positively transform the lives of people living with severe and life-threatening diseases. 

Beyond our science, we live our four core values: One, Explore, Disrupt, Deliver and feel strongly that you can achieve more at Intellia. We have a single-minded determination to excel and succeed together. We believe in the power of curiosity and pushing boundaries. We welcome challenging thoughts and imagination to develop innovative solutions. And we know that patients are counting on us to make the promise a reality, so we must maintain high standards and get it done. 

We want all of our people to go beyond what is possible. We aren’t constrained by typical end rails, and we aren’t out to just “treat” people. We’re all in this for something more. We’re driven to cure and motivated for change. Just imagine the possibilities of what we can do together.   

Intellia is seeking a highly skilled and motivated Senior Manager, Commercial Accounting to join our Accounting team. Reporting to the Senior Director, Financial Reporting and Technical Accounting, the successful candidate will play a critical role in supporting our transition to a commercial organization through commercial readiness activities such as establishing order-to-cash and revenue recognition processes, systems and internal controls in compliance with regulatory requirements. Beyond our initial launch, this role will be responsible for maturing the order-to-cash infrastructure, scaling gross-to-net (GTN) operations, and evolving the control environment to drive efficiency to support anticipated business growth. This highly visible and newly created role requires exceptional attention to detail, strong accounting and operational industry experience, and the ability to manage processes critical for a transitioning biotech (from R&D to commercial). Relevant experience in a commercial public company environment within the biotechnology / life sciences industry is essential.

Duties/Responsibilities

  • Participate in and lead certain pre-launch commercial readiness initiatives.
  • Establish and maintain robust accounting and operating procedures and internal control environment over the revenue cycle to ensure compliance with Sarbanes-Oxley (SOX) Section 404.
  • Partner with internal stakeholders and third-party logistics (3PL) providers, specialty distributors (SDs), and specialty pharmacies (SPs) to design and implement order-to-cash processes and systems to support order-to-cash transactional reporting, ensuring seamless integration between ERP system and logistics providers.
  • Lead implementation and ongoing management of government pricing / gross-to-net (GTN) system to support GTN accounting, reporting and compliance.
  • Build and manage complex GTN models to estimate deductions, including statutory rebates (Medicaid, 340B) and value-based arrangements.
  • Oversee the processing of customer receipts, ensuring accurate application of payments and manage payment processing for distribution channel partners, validating service fees and prompt-pay discounts.
  • Lead the monthly, quarterly, and year-end financial close for commercial revenue, including journal entries, account reconciliations and disclosures for AR, deferred revenue, and rebate accruals.
  • Support internal and external auditors in their annual audit, quarterly review, and SOX review procedures
  • Perform flux analysis and provide insights on revenue trends, variances, and GTN adjustments for senior leadership.
  • Cross-functional collaboration with various commercial, market access, legal, and FP&A stakeholders on contracts, pricing, revenue recognition, sales and rebate forecasting.
  • Identify opportunities to continuously improve processes in order to maximize efficiency and operational excellence.

Requirements

Skills/Abilities

  • Strong technical accounting background and understanding of U.S. GAAP.
  • Detail-oriented, organized, self-motivated with a commitment to high standards for accuracy and integrity.
  • Strong work ethic and ability to manage competing deadlines and priorities in a fast-paced, dynamic environment.
  • Intellectual curiosity and analytical skills with the ability to problem solve with minimal oversight.
  • Advanced knowledge of the U.S. healthcare reimbursement and distribution-channel landscape within the biotechnology industry.
  • Strong interpersonal, written and verbal communications skills to interact across all levels of the organization.
  • Ability to identify and implement improvement opportunities and inspires other team members to do the same; works towards goal achievement and continuous improvement

Education / Certifications

  • Bachelor’s degree in accounting or finance.
  • Certified Public Accountant (CPA) preferred.
  • Experience at a publicly-traded commercial company within the biotechnology / life sciences industry is required.

Experience

  • At least 6-8 years of experience, with a heavy emphasis on the biotechnology / life sciences industry.

Physical Requirements

  • Prolonged periods of working on a computer

#LI-Hybrid

Covid-19 Vaccination Policy: All Intellia employees, regardless of work location, are expected to follow all applicable federal, state, and local public health regulations and guidelines, and are strongly encouraged to follow all public health recommendations, including being vaccinated for COVID-19.

EEOC Statement: Intellia believes in a diverse environment, and is committed to equal employment opportunity for all its employees and qualified applicants. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status. Intellia will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Applications are accepted on a rolling basis, and will continue to be accepted until the position is filled at which point the position will be taken down.

The base salary for this position is expected to range between $143,300.00 - $175,300.00 USD per year.

The salary offered is determined based on a range of factors including, but not limited to, relevant education and training, overall related experience, specialized, rare or in-demand skill sets, internal comparators and other business needs. Upon joining Intellia, your salary will be reviewed periodically and additional factors such as time in role and performance will be considered. Intellia may change the published salary range based on company and market factors.

Additional compensation includes a performance-based annual cash bonus, a new hire equity grant, and eligibility to be considered for annual equity awards the value of which are determined annually at the Company’s discretion.

For more information about Intellia’s benefits, please click here.

Other facts

Tech stack
Technical Accounting,U.S. GAAP,Detail-Oriented,Organized,Self-Motivated,Analytical Skills,Interpersonal Skills,Communication Skills,Healthcare Reimbursement,Distribution-Channel Landscape,Process Improvement,Revenue Recognition,Order-To-Cash,Financial Close,Audit Support,Flux Analysis

About Intellia Therapeutics, Inc.

Intellia Therapeutics is a leading genome editing company whose mission is to develop potentially curative gene editing treatments that can positively transform the lives of people living with severe and life-threatening diseases.

We are focused on the development of proprietary therapeutics using a recently developed biological tool known as the CRISPR/Cas9 system. The promise of the CRISPR/Cas9 system is the driving force behind the creation of Intellia. Our founders have a shared belief that the CRISPR/Cas9 technology has the potential to transform medicine by permanently editing disease-associated genes in the human body with a single treatment course. This technology offers the potential for us to develop curative therapeutic options for patients with chronic diseases by addressing the underlying cause of the disease. It can bring new hope and cures to people who now have nowhere to turn for help.

Our combination of deep scientific expertise and clinical development experience, along with our leading intellectual property portfolio, puts Intellia in a unique position to unlock broad therapeutic applications of the CRISPR/Cas9 technology and create a new class of therapeutic products. Intellia has the right people, assets and ambitious vision needed to take full advantage of the CRISPR/Cas9 technology’s attributes – high potency, specificity, simplicity of use, broad applicability, and multifunctional programmability – and accelerate the advancement of curative products into the clinic.

View our social media community guidelines at https://www.intelliatx.com/terms-and-conditions/ .

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: Biotechnology Research
Founding Year: 2014

What you'll do

  • The Senior Manager, Commercial Accounting will lead pre-launch commercial readiness initiatives and establish robust accounting procedures over the revenue cycle. This role also involves managing GTN operations and collaborating with various stakeholders to ensure compliance and efficiency.

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Frequently Asked Questions

What does Intellia Therapeutics, Inc. pay for a Senior Manager, Commercial Accounting?

Intellia Therapeutics, Inc. offers a competitive compensation package for the Senior Manager, Commercial Accounting role. The salary range is USD 143k - 175k per year. Apply through Clera to learn more about the full compensation details.

What does a Senior Manager, Commercial Accounting do at Intellia Therapeutics, Inc.?

As a Senior Manager, Commercial Accounting at Intellia Therapeutics, Inc., you will: the Senior Manager, Commercial Accounting will lead pre-launch commercial readiness initiatives and establish robust accounting procedures over the revenue cycle. This role also involves managing GTN operations and collaborating with various stakeholders to ensure compliance and efficiency..

Why join Intellia Therapeutics, Inc. as a Senior Manager, Commercial Accounting?

Intellia Therapeutics, Inc. is a leading Biotechnology Research company. The Senior Manager, Commercial Accounting role offers competitive compensation.

Is the Senior Manager, Commercial Accounting position at Intellia Therapeutics, Inc. remote?

The Senior Manager, Commercial Accounting position at Intellia Therapeutics, Inc. is based in Cambridge, Massachusetts, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Manager, Commercial Accounting position at Intellia Therapeutics, Inc.?

You can apply for the Senior Manager, Commercial Accounting position at Intellia Therapeutics, Inc. directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Intellia Therapeutics, Inc. on their website.