Vice President

San Carlos, California

Vaxcyte, Inc.
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Join our Mission to Protect Humankind.

Vaxcyte is a clinical-stage vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases, which have serious and costly health consequences when left unchecked. Working to eradicate or treat bacterial infections such as invasive pneumococcal disease, Group A Strep, periodontitis and Shigella is just the beginning. Our path to success is clear and well-defined, and Vaxcyte is set up to go the distance.

WHAT we do is every bit as important as HOW we do it. Our work together is guided by four enduring core values:

AIM HIGH: We embody our collectively audacious goal to courageously make the most complex biologics ever attempted to protect humankind.

LEAD WITH HEART: Everyone leads at Vaxcyte with a kindness-first, inclusive approach to collaboration and vigorous debate that advances our business objectives.

RETHINK CONVENTION: We bring creative and intellectual diversity to every facet of the work we do in order to innovate and re-innovate the way vaccines are delivered.

MODEL EXCELLENCE: The magnitude of our challenge requires our shared commitment to demonstrating integrity, accountability, equality and clarity across communications and decision making.

Summary:

The Vice President, Controller will be a proven executive that is responsible for the many operational aspects of our accounting/controllership functions. This includes developing talent and effectively working cross-functionally across the broader organization in a rapidly changing and growing environment. This individual will lead and manage the Company's accounting operations which include the monthly close process, monthly and quarterly financial reporting, management of external auditors, analysis of technical accounting issues, payroll, equity administration, accounts payable, and tax. This individual will also have oversight over accounting policies, SOX compliance and a wide range of financial systems and process development projects. This role requires critical thinking skills, outstanding organizational and execution skills, excellent written and verbal communication skills. This position reports into the Senior Vice President, Finance and will have 4 direct reports initially and be responsible for an overall team of 15-20 individuals.
Essential Functions:
•  Lead key growth initiatives, development and buildout of finance operations, processes, and systems to support the growth and scaling of the Company.
•  Manage the Company's general accounting functions, including oversight of the monthly and quarterly general ledger close, accounts payable, payroll and equity plan administration.
•  Oversight over monthly, quarterly, and annual reporting of internal and external financial statements, SEC filings annual proxy statements and offering documents as needed, including analysis of monthly trends, flux analysis and budget vs. actual variance analysis ensuring the integrity and accuracy of financial statements and supporting data.
•  Manage SOX 404 compliance program and SOX consultants; maintain and develop internal control structure.
•  Oversee the development of technical accounting memos relating to the Company's business activities; ensure the Company is compliant with current and emerging US GAAP.
•  Prepare materials for the Board of Directors and Audit Committee meetings.
•  Work closely with operational teams to ensure cross-functional efficiencies and accuracy of accruals and estimates.
•  Ensure the integrity of the Company's financial systems, including interfaces from payroll, equity and expense management systems to the general ledger. NetSuite experience is a plus.
•  Develop, maintain and ensure ongoing compliance with accounting policies and internal controls; ensure that policies and controls keep pace with the growth and increasing complexity of the business.
•  Manage relationship with external auditors and SOX internal auditors and ensure timely delivery of data to complete their audits timely and efficiently.
•  Proactively look for and implement process improvements including systems enhancements and integrations, policy changes, workflow changes and spreadsheet redesign.
•  Provide cross-functional support to the Company as needs arise, including special projects, system improvements or ad-hoc financial analyses.
•  Coach, mentor and develop a high performing team.
Requirements:
•  CPA and B.A. degree in Accounting, Finance or Business, is required.
•  15+ years accounting experience, including at least five years in a public company, is required.
•  5+ years of Big 4 audit experience required; biotech/life sciences and manufacturing experience, is required.
•  7+ years' experience leading people managers and providing mentoring, coaching, and development to create high-performing teams, is required.
•  Strong knowledge and understanding of US GAAP accounting principles and emerging technical guidance and other governance principles applicable to a global public company.
•  Experience operating within a public company subject to a Sarbanes-Oxley control structures.
•  Adept at managing external service providers to meet objectives and budgets.
•  Ability to deal with business issues collaboratively with other departments as well as technical experts and demonstrated ability to articulate technical matters to diverse audiences.
•  Emotional maturity and ability to effectively facilitate change in a dynamic working environment.
•  Effectively delegates to and empowers team members yet is detail-oriented and 'hands on' when required.
•  Possesses a sense of urgency; identifies challenges and problems and takes the initiative to identify solutions often in situations with no similar precedents.
•  Excellent interpersonal and communication skills: Ability to communicate and present information effectively to senior management and other stakeholders (written, orally and via presentation materials), an inquisitive mind, and the ability to work effectively with multiple functions; strong executive presence and the ability to influence decision making.
•  Results Orientation: The ideal candidate will be a results-driven team player and must thrive in a fast-paced, dynamic environment. He/she must have the ability to drive results and possess a strong drive to meet and exceed goals and is willing to take ownership of problems and make or recommend sound decisions.
•  Change Leadership: The candidate will be an independent self-starter and a proactive leader with a drive to achieve goals and solve problems, sometimes without similar precedents.
•  Embodies Vaxcyte's cultural attributes: caring, courage, excellence, and passion.
Reports to: Senior Vice President, Finance

Location: San Carlos, CA

Compensation:
The compensation package will be competitive and includes comprehensive benefits and an equity component.

Salary Range: $320,000 - $345,000

Date Posted: 01 May 2024
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