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Assistant Controller, Corporate Accounting

Pacira BioSciences, Inc.
life insurance, flexible benefit account, parental leave, paid holidays, flex time, 401(k)
United States, New Jersey, Parsippany
Jan 27, 2025
Overview

About Pacira
Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health solutions dedicated to improving outcomes for health care practitioners and their patients. Our in-depth knowledge of non-opioid pain management, coupled with our passion for advancing patient care, drives our commitment to providing solutions that address unmet medical needs and improve clinical results.
Why work with us?
Rarely do you have an opportunity to do work that really matters. What drives us is our mission. What makes us successful are our people. At Pacira, you are part of an inclusive culture that fosters collaboration, growth, and innovative thinking - a place where you can make an impact and help change the standard of care in non-opioid pain management. Be part of our movement, let's pursue excellence together.

Summary:
This role will lead the monthly closing, consolidation, and reporting process, while managing the general accounting function, including cash, investments, prepaid assets, debt, leases, and other key accounting areas. Responsibilities include ensuring the timely and accurate issuance of financial statements, providing detailed reporting on variances, establishing and maintaining controls to ensure the integrity of financial reporting and continuously optimizing financial processes.


Responsibilities

Essential Duties & Responsibilities:
The following statements are intended to describe the general nature and level of work being performed by an individual assigned to this job. Other duties may be assigned.

1. Financial Reporting & Accounting:
* Lead and coordinate domestic and international accounting functions, including intercompany transactions and eliminations, to ensure timely completion of the financial close process and production of accurate monthly, quarterly and annual financial statements.
* Monitor the completeness of journal entries/inputs for consolidation and the related reconciliations and analytics that support the ledger to ensure appropriate controls are followed.
* Manage a team responsible for:
* Cash, accounts receivable, investments, prepaid expenses, debt, leases, accruals, fixed assets, payroll accounting, intercompany and other general accounting areas.
* Monthly financial close of the general ledger and consolidation system including translation of foreign entities.
1. Prepare and/or review journal entries, and balance sheet and income statement variance analyses.
* Review accounts payable reconciliations and approves large payments to ensure accuracy of coding and appropriate approval.
* Review journal entries and related accounts reconciliations for indirect taxes and reviews property tax filings as needed.
* Review balance sheet, income statement, and cash flow for completeness, accuracy and consistency and prepare related analysis.
* Support SEC financial reporting requirements including financial statements, notes and Management's Discussion and Analysis.
* Responsible for monthly Profit Review reporting process.
* Respond to various ad hoc data and research requests as needed.
* Serve as backup to the Controller or other accounting and financial functions as needed.

2. Systems and Process Improvement:
* Oversee the financial general ledger applications, consolidations, and planning systems for global legal entities and ensure timely close of subledgers and ledgers, data validation and documentation.
* Manage and optimize the system close process, ensuring seamless integration between accounting systems and other financial platforms.
* Identify, recommend, and implement process improvements and automation initiatives to enhance financial reporting efficiency and accuracy.

3. Internal Controls & Compliance:
* Participate in the annual audit and ensures that all finance and accounting policies, practices and procedures are consistent with GAAP and SEC requirement.
* Identify and mitigate financial risks by implementing appropriate controls, policies, and practices.
* Support the internal SOX and external audit requirements.

Supervisory Responsibilities:
This position has supervisory responsibilities.

Interaction:
The incumbent works closely with Finance, Commercial organization, Trade Operations, Compliance, Legal, Information Technology, internal and external auditors, and vendors.


Qualifications

Education and Experience:
* Bachelor's degree in Accounting, Finance, or a related field required; CPA certification is required; MBA or advanced degree is preferred
* 15+ years of relevant accounting experience, with at least 5 years of direct management experience required

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills, and Abilities:

1. Current knowledge of GAAP, general accounting, and a deep understanding of consolidation processes, including reconciliations and intercompany eliminations
2. Strong understanding of financial systems, ERP software, and reporting tools (OneStream Software experience a plus)
3. Knowledge of and experience in internal accounting controls, audit risk assessment, control documentation, and audit testing
4. Strong analytical and problem-solving abilities, with a focus on operational efficiency
5. Ability to prioritize multiple tasks/requirements
6. Excellent communication, interpersonal, and leadership skills
7. Advanced Microsoft Excel skills

Physical Demands:
While performing the duties of this job, the employee is regularly required to sit, talk, move between spaces, reach with hands and arms, and stoop. Close vision and the need to focus on computer screen, use of hands, fingers, and wrist to type on keyboard and manipulate mouse.

Work Environment:
Typical office setting: cubicles and offices, noise level is moderate with consistent printer, telephone ringing and conversation


Benefits

Benefits:
  • Medical, Prescription, Dental, Vision Coverage
  • Flexible Spending Account & Health Savings Account with Company match
  • Employee Assistance Program
  • Mental Health Resources
  • Disability Coverage
  • Life insurance
  • Critical Illness and Accident Insurance
  • Legal and Identity Theft Protection
  • Pet Insurance
  • Fertility and Maternity Assistance
  • 401(k) with company match
  • Flexible Time Off (FTO) and 11 paid holidays
  • Paid Parental Leave

EEO Statement

EEO Statement

EEO Statement: Pacira is proud to be an Equal Opportunity Employer and does not discriminate against applicants because of race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age (40 or older), veteran status, disability or genetic information, or any other characteristic protected under applicable federal, state, or local law. At Pacira we are committed to intentionally cultivating a culture of inclusion where all feel welcomed and valued for their background, perspectives, and experiences. We hold one another accountable to promote trust and transparency in support of our communities and collective purpose.
Agency Disclaimer: Pacira Biosciences, Inc. (Hereafter, Pacira) does not accept unsolicited resumes from recruiters or employment agencies in response to the Pacira Careers page or a Pacira social media post. Pacira will not consider or agree to payment of any referral compensation or recruiter fee relating to unsolicited resumes. Pacira explicitly reserves the right to hire said candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Pacira.

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