Fort Lee, New jersey
Chief Financial Officer (CFO) Job Opening in Fort Lee, New jersey - PixarBio is leading society?s mandate for patients and PXRB shareholders to win the opiate war by inventing pain treatments.
NeuroRelease 14 (NR-14) is a morphine replacement 14-Day post-surgical nerve block. NeuroRelease is a true drug delivery platform with 14-day, 3-day, 7-day, and 90-Day pain treatments in the NR portfolio.
PixarBio Corporation is searching for a Public CFO, qualified in education and experience to join co-founders Frank Reynolds and Katrin Holzhaus in the C-Suite. Frank brings his Life Science career training from HBS, Wharton, MIT-Sloan among others, combined with 12 years as a pharma CEO. The CFO must have a track record of success in the public market to compliment current CEO/CFO Frank Reynolds.
PixarBio?s NeuroRelease is a novel micro-particle drug delivery platform comprised of US FDA approved drugs and biomaterials. PixarBio is a Project Management focused organization, and we seek a CFO with a project management mindset.
Cofounded by Frank Reynolds and Katrin Holzhaus, PixarBio?s leadership is unmatched in Medical R&D success. The CFO will report directly to PixarBio CEO Frank Reynolds, a financial performance leader in Pharma, but also the lead inventor of significant neurological advancements such as his NeuroScaffolds for spinal cord injury and PixarBio?s NeuroRelease or pain. Frank is a neuroscientist by training and a logical R&D expert. Frank has filed over 100 US and International Patent applications covering a wide range of neuro-technologies including NeuroScaffolds, NeuroRelease, and neuro-biomaterials cGMP manufacturing processes.
Frank Reynolds is a member of the American Institute of CPA?s and has been involved with bookkeeping and accounting for over 41 years and he is a true partner in your success. You?ll rarely if ever work for a Pharma CEO who owns more than 60% of the company. Frank Reynolds is the majority shareholder of PixarBio and we avoid issues associated with the venture capital model that often distract projects from their critical paths to FDA approval.
PixarBio's primary mission is to research and develop novel biomaterials for sustained delivery of drugs, cells or biologics for treating various CNS disorders. The candidate will be a CPA and is responsible for overseeing the GAAP, General Accounting and Financial Reporting functions and the financial services area including Credit, A/R and A/P. Expertise in QuickBooks and in public life science accounting is required.
The candidate will be responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies, SEC requirements and US GAAP.
Primary Responsibilities
Partner with the CEO and Senior Management team on all operational and strategic issues as they arise; provide strategic recommendations to the CEO based on financial analysis and projections, cost identification and allocation, revenue/expense analysis and profit optimization.
Participate in the ongoing strategic planning process as an integral member of the senior management team.
Oversee long-term budgetary planning and cost management in alignment with the strategic plan.
Develop and manage annual/quarterly budgets, monitor progress and present operational metrics both internally and externally as needed.
Oversee financial and operational reporting, accounting operations, payroll, purchasing, and cash and inventory control functions.
Oversee accounting staff and adjust team as business needs dictate.
Ensure that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
Oversee Sarbanes Oxley activities relative to internal controls documentation and testing and segregation of duties. Serve as the local resource for all Sarbanes Oxley questions.
Ensure that credit risk is balanced with business objectives, targets are met and that only valid claims with proper management authorization are paid.
Ensure that company financial reports are prepared in compliance with policies and directives, US GAAP and SEC reporting requirements.
Responsible for the completion and submission of Federal and State tax reporting requirements (including income, property, sales and use, payroll and other local taxes), insurance reports and other reports required by government regulation.
Leads both internal and external audits and periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings.
Maintains sufficient funds by forecasting cash requirements and obligations.
Minimizes inventory investment by analyzing turns; recommending inventory levels and reorder points.
Utilize technology to maximize efficiency of the financial needs of the corporation including expense mgmt. software platforms.
Will have direct management responsibility of the following: General Accountants, Credit Manager & Accounts Payable/Billing
Licenses:
BS in Accounting/Finance, CPA certification required, MBA a plus
Prior Experience:
10 years of combined Public Accounting and Private Industry accounting experience within Biotech-Pharma sector
Prior financial management experience required
Demonstrated ability to form, lead and develop high-performing finance & accounting teams.
Ability to work collaboratively across departmental functions
Experience in analyzing business performance and developing financial plans within a manufacturing environment desirable
History of Wall Street relationships and networking
Strong knowledge of US GAAP, internal controls and financial reporting required
Excellent communication and leadership skills are mandatory
Notes
Authorization to work in the U.S. required.
~35% travel required.
Compensation
We offer a highly competitive salary commensurate with experience, options, medical, dental and vision coverage, 401K plan, flexible spending account, disability, and life insurance.
Our sharers are trading in the gray market at around $0.30/share. Our last OTC trade was at $2.90/share.
Our shares were quoted on the OTCQX under the symbol PXRB prior to the suspension of trading in our securities which was issued by the SEC on January 23, 2017. Pursuant to Release No. 79852/ January 23, 2017 (the ?Release?), SEC announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of trading of our securities (OTCQB: PXRB) from January 23, 2017 to February 3, 2017 at 11:59 PM (the ?Suspension Period?). The Suspension Period expired on February 3, 2017 at 11:59 P.M. and no further suspensions or extension of such suspension has been issued. We are in the process of seeking to reinstate our securities for trading. Although there can be no assurance that such investigation shall be resolved successfully, we are optimistic that the investigation shall be resolved successfully.
Job Type: Full-time
Job Location:
Fort Lee, NJ
Required education:
Bachelor's
Required license or certification:
CPA
|
