Job description
More than one million people in the United States today are fighting blood cancer. While a traditional allogeneic stem cell transplant has been the best hope for many, the transplant itself can prove fatal or lead to serious conditions, such as graft vs. host disease. Orca Bio is a late-stage biotechnology company redefining the transplant process by developing next-generation cell therapies with the goal of providing significantly better survival rates with dramatically fewer risks. With our purified, high-precision investigational cell therapies we hope to not only replace patients’ blood and immune systems with healthy ones, but also restore their lives.
Essential Duties & Key Responsibilities
- Own the end-to-end revenue accounting process, ensuring compliance with ASC 606 and company policies.
- Oversee the gross-to-net (GTN) reporting and accrual process, including reserves for rebates, chargebacks, copay programs, patient support, government pricing, distribution fees, and returns.
- Develop and maintain GTN models to ensure accurate forecasting of net product revenue and clear visibility into key drivers.
- Collaborate cross functionally with Commercial, Market Access, Supply Chain and FP&A to monitor channel and payer dynamics and integrating insights into forecasts and accruals.
- Ensure compliance with government pricing and reporting requirements, including Medicaid, Medicare, 340B, VA, and other federal/state programs.
- Lead monthly, quarterly, and annual revenue close activities, including GL reconciliations, journal entries, analyses, and financial statement footnote disclosures.
- Partner with Legal and Commercial teams to review new and existing contracts and agreements, assessing impact on revenue recognition.
- Serve as the primary point of contact for external auditors on revenue-related matters.
- Drive continuous improvements by enhancing systems, processes, and automation to support growth and operational efficiency.
- Stay current with evolving accounting standards, industry trends, and regulatory updates; recommend and implement policy and procedure updates as needed.
Minimum Experience, Education, Certifications, Licenses
- Bachelor’s degree in Accounting, Finance, or related field; CPA strongly preferred.
- 7-10+ years of progressive experience in accounting, with at least 5 years focused on revenue recognition; biotech/life sciences industry experience required.
- In-depth knowledge of ASC 606 and experience with complex arrangements such as milestones and licensing.
- Deep experience with gross-to-net modeling and reporting, and government pricing programs in a commercial-stage biotech or pharmaceutical company.
- Proven ability to partner cross-functionally and communicate complex revenue topics to non-finance stakeholders.
- Experience leading teams and scaling processes in a high-growth environment.
- Exceptional analytical skills, attention to detail, and ability to meet tight deadlines in a fast-paced setting
$170,000 - $220,000 a year
The anticipated annual salary range for this job is based on prior experience in the role/industry, education, location, internal equity, and other job-related factors as permitted by law. For remote-based positions, this range may vary based on your local market. You will also be eligible to receive pre-IPO equity, in addition to medical, dental, and vision benefits, flexible PTO, 401(k) plan, life and accidental death and disability coverage, and parental leave benefits. Other perks include free daily lunches and snacks at our on-site locations.
Who we are
We are driven by a passion for science and compassion for patients. We act with urgency to ensure our treatments are one day accessible to all who need them.
We live by our core values of passion, courage, and integrity. Excellence in our work means the chance to unlock a better quality of life for our patients, and with that comes tremendous responsibility.
We innovate on a path that hasn’t been paved. We embrace an entrepreneurial spirit and take calculated risks to achieve our mission. We aren’t afraid to ask “why not” and challenge the status quo.
We maintain a start-up culture of camaraderie and leadership by example, regardless of title.
We’re proud to be an equal opportunity employer, and recognize that celebrating our differences creates stronger, lasting solutions that better serve our team, our patients and their healthcare providers.
Notice to staffing firms
Orca Bio does not accept resumes from staffing agencies with which we do not have a written agreement and specific engagement for a particular opening. Our employment activities, inquiries and offers are managed through our HR/Talent team, and all candidates are presented through this channel only. We do not accept unsolicited resumes, and we rarely outsource recruitment.
