Sr. Manager, Intercompany and Consolidation
Location United States, Remote
Workstyle Remote Only ApplyWho We Are
BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.
Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.
Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.
About Corporate Groups
It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.
BioMarin Finance is growing and evolving into a cutting-edge global finance organization. With operations in over 40 countries, we navigate significant worldwide accounting and finance complexities. The Company’s ambitious growth plans are supported by an enthusiastic international finance team, all dedicated to delivering a world-class accounting and finance function. BioMarin trades on the NASDAQ under the ticker BMRN and is headquartered in San Rafael, California. This growth presents exciting opportunities for you to be part of our dynamic team.
SUMMARY
We seek a Senior Manager to manage the end-to-end global month-end close and corporate consolidation processes. This position requires collaborating with international teams within the Finance organization, including accounting, treasury, tax, Order-to-Cash (OTC), external reporting, and financial planning. We are implementing the SAP Enterprise Resource Planning (ERP) system, which is being rolled out in strategically planned phases and will replace our existing ERP. During this pivotal transition, we will operate concurrently in SAP, Oracle (legacy system), and Hyperion Financial Management (HFM). This transition demands unwavering attention to detail to facilitate a seamless consolidation process within HFM and ensure the completeness and accuracy of the Company’s financial statements.
Day-to-day responsibilities will include maintaining the company’s chart of accounts, system rules, planning and monitoring the global period-end close, performing foreign currency analysis, managing intercompany OOB reconciliation, eliminations, global consolidations, and producing U.S. GAAP financial statements. In addition to these operational responsibilities, this position will support internal and external audits, ad hoc projects and analysis, drive process improvements, and enhance the effectiveness of SOX control.
The ideal candidate will have extensive experience in SAP and system integration and a robust understanding of corporate accounting and general ledger principles. Exceptional analytical skills and a proactive and solution-oriented mindset are essential. You should be adept at managing multiple tasks, working independently, and thriving in a fast-paced environment. You must also possess excellent verbal and written communication skills and be capable of conveying complex information, whether conceptual, technical, or operational. Building trust and strong working relationships across diverse teams will be critical to your success.
This position offers a unique opportunity to report directly to the Associate Director of Intercompany and Consolidations and play a key role in shaping BioMarin's consolidated financial reporting landscape. Join us in making a meaningful impact!
PRIMARY RESPONSIBILITIES
Manage the Comprehensive Global Close and Consolidations
- Global Close:
- Plan and manage the global close calendar, ensuring timing and deliverables are precise and align with stakeholder needs;
- Support SEC Reporting, quarterly reviews, and external audit by managing support lists to ensure deadlines are met
- Actively participate in resolving close blockers by collaborating with regional accounting teams and/or system owners to facilitate communication of issues and their resolution.
- Corporate Consolidations
- Producing US GAAP Financial Statements for the Consolidated entity
- Manage the global chart of accounts and ensure proper mapping between ERP systems to facilitate consolidations
- Perform foreign exchange analysis and related reviews by evaluating the impact of currency fluctuations on financial results and ensuring accurate reporting
- Working closely with various teams to support reporting needs
Other
- Evaluate the effectiveness of internal controls in areas directly under your management, ensuring they function effectively and proposing improvements to adapt to the evolving accounting environment.
- Educate the global accounting organization on available reporting functionalities and actively support the further development of the finance department's financial reporting strategy.
- Drive continuous process improvement through automation and streamline process efficiencies.
- Prepare ad hoc analytics and other tasks to support finance leadership.
EXPERIENCE
Required Skills:
- Minimum of 8-10 years of progressive experience in Finance and Accounting, with at least 3 years of experience at a public accounting firm preferred.
- Experience with SAP ERP systems; familiarity with Oracle and HFM is preferred.
- Experience managing the global financial consolidation of a multi-entity, multi-currency organization.
- Background in general accounting and accounting systems in complex environments.
- Experience collaborating across Finance and Accounting to understand the activities that lead to accounting conclusions.
- Strong understanding and application of US GAAP in all significant accounting areas, ensuring compliance.
- Demonstrated commitment to maintaining a positive customer service focus for internal and external stakeholders.
- Excellent communication skills, with experience in educating and influencing individuals at various levels within the Finance organization.
- Willingness and ability to work hands-on, collaboratively, and urgently in a fast-paced environment.
- Ability to apply internal control objectives to accounting processes.
- Demonstrated success in leading projects to successful completion.
EDUCATION
Bachelor's in accounting, business Administration, or Finance with an Accounting emphasis preferred
Certified Public Accountant experience preferred.
Bachelor's in accounting, business Administration, or Finance with an Accounting emphasis preferred
Certified Public Accountant experience preferred.
CONTACTS
Heavy interaction with the Chief Accounting Officer, Corporate Controller, other Finance Department management and staff, and external auditors.
Heavy interaction with the Chief Accounting Officer, Corporate Controller, other Finance Department management and staff, and external auditors.
SUPERVISOR RESPONSIBILITY
None
FLEXIBLE WORK ARRANGEMENT - HYBRID or REMOTE ROLES:
Employees within 100 miles of the San Rafael headquarters must follow a hybrid work schedule. This schedule alternates between working from home and at the office, with an expectation of two to four days a week in-office attendance. The specific requirements for office attendance may vary based on the employee's position and the needs of the business.
Employees within 100 miles of the San Rafael headquarters must follow a hybrid work schedule. This schedule alternates between working from home and at the office, with an expectation of two to four days a week in-office attendance. The specific requirements for office attendance may vary based on the employee's position and the needs of the business.
Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.
We are an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.
For additional benefits information, visit: https://careers.biomarin.com/benefits.
- Eligible employees may participate in benefit plans, subject to the terms and conditions of the applicable plans.