Manager / Sr. Manager of Accounting

Manager / Sr. Manager of Accounting

Valo Health is a human-centric, AI-enabled biotechnology company working to make new drugs for patients faster. The company's Opal Computational Platform transforms drug discovery and development through a unique combination of real-world data, AI, human translational models and predictive chemistry.

Our talented team of biologists, chemists and engineers, armed with advanced AI / ML tools, work together to break down traditional R&D silos and accelerate the speed and scale of drug discovery and development.

Valo is committed to hiring diverse talent, prioritizing growth and development, fostering an inclusive environment, and creating opportunities to bring together a group of different experiences, backgrounds, and voices to work together. We embrace new ways of learning, solve complex problems and welcome diverse perspectives that can help us advance patient-centric innovation.

Valo is headquartered in Lexington, MA, with additional offices in New York, NY and Tel Aviv, Israel.

About the Role

Reporting to the Controller, the Manager / Senior Manager of Accounting will lead monthly, quarterly and annual close processes and ensure the accuracy, timeliness, and integrity of financial data. This is a hybrid role reporting to our Lexington, MA HQ.

What You'll Do...

• Lead monthly, quarterly and annual close activities by ensuring timely, accurate and complete financial records and reporting in accordance with US GAAP, legal requirements, and the Company's corporate policies
• Collaborate with other members of the Finance team in the preparation of internal reporting package and other reports
• Responsible for error-free monthly journal entries, analysis, balance sheet reconciliations, reports, and financial statements
• Analyze and provide commentary on balance sheet and income statement variances
• Lead corporate consolidations, overseeing subsidiary reporting requirements
• Oversee maintenance of Valo's fixed assets records in accordance with the Company's fixed asset capitalization policy, calculate monthly fixed asset depreciation, and prepare related monthly, quarterly, and annual schedules
• Ensure that accounting documentation is compiled and maintained in support of legal, regulatory, and audit requirements
• Support and assist with quarterly reviews and annual audits or any ad hoc projects as directed by the Controller
• Maintain the general ledger, including account and project coding system
• Prepare annual reports and filings (e.g., property tax, etc.) as needed
• Proactively identify emerging business and technical risks, issues and developments in a timely manner for action and incorporation into the SOX compliance program documentation
• Assist with preparation of annual SOX risk assessment, including determining materiality, identifying in-scope processes and significant accounts and linking key assertions
• Interface with external auditors for annual audits, quarterly reviews and internal control audits, including preparation of required schedules and documentation
• Participate in special projects or ad-hoc analysis in support of the finance department and company initiatives

What You Bring...