Staff Accountant

Company Overview

Fortress Biotech, Inc. (“Fortress” or the “Company”) is an innovative life sciences company focused on efficiently acquiring, developing and commercializing or monetizing promising therapeutic products and product candidates. Fortress has a commercial product portfolio, robust development stage pipeline and is the parent company to three public companies and multiple additional private companies, all focused on drug development and commercialization.

Position Overview

Fortress is seeking motivated and resourceful applicants to join our finance and accounting team. The Staff Accountant is a core part of the Fortress team which also works collaboratively with our controlled subsidiaries and their teams.

Location and Position

The position will be located in our Waltham, MA office (hybrid work arrangement of 2 to 3 days in office) and reports to the Director of Finance.

Role Overview

Responsible for accounting close functions in a consolidated financial reporting environment and various projects. Maintains private subsidiary close workbooks as well as select parent company close workbooks. Manages allocations for shared expenses and intercompany expenses. Assists with internal control environment and reporting to executive management, including cash reporting and planning.

Responsibilities Include:

Accounting Duties:

• Interdepartmental allocations of shared expenses based on headcount and other data.
• Inter-company invoicing/billing including operating expenses, allocations and invoices.
• Documents transactions and updates ledgers and workbooks, including owning full private subsidiary closing workbooks.
• Audits expense reports for accuracy and processes expense reports, allocates and enters monthly credit card spend.
• Assists with contract approvals and purchase order requests.
• Assists with preparing and paying various tax requirements including state franchise taxes.

SOX Administration/Testing:

• Works with internal and external parties to drive annual SOX testing to ensure properly functioning control environment.
• Compiles support and problem solves to complete work timely with external consultants.
• Participates in annual documentation of control environment.
• Compiles proper support for regular SOX controls within payables and payroll workflows.

Reporting and Ad-hoc Duties:

• Prepares and provides weekly and monthly cash reporting to the executive team on a regular basis.
• Prepares ad-hoc governmental reporting as requested by various regulatory bodies.
• Participates as needed in special projects and performs other duties as assigned.
• Assists with regular public company reporting, including select support schedules and tying out financial statements and notes to be included in SEC reporting.

Competencies and Qualifications:

• Solid understanding of accounting principles and the ability to apply them effectively to the job and tasks.
• Strong planning and organizational skills, demonstration of accurate and thorough work.
• Adaptability and openness to feedback within a collaborative work environment.
• Excellent written and verbal communication skills.

To be considered for this role, you must possess a Bachelor’s degree with a major in accounting or related field. Public accounting or in-house life sciences experience is a plus, with a preference for 1 plus years experience. Knowledge of Microsoft products, especially Microsoft Excel, is required. Experience with NetSuite or a similar system is preferred but not required.

Benefits and Travel

Fortress provides a comprehensive benefits package that includes medical, dental, and vision insurance, 401(k) with company match, and paid vacation and holidays. No travel is expected for this position.

Fortress Biotech, Inc. is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by applicable law.