Associate Director, Accounting (Remote - EST time zone)
Cytel, Inc.
(100% Remote - EST time zone high preferred)
Associate Director, Accounting
Our commitment to developing our staff is only surpassed by our commitment to advancing treatment options available to patients. At Cytel, we work hard to create successful careers with significant professional growth for our employees and as a result work hard to make Cytel successful. Cytel is a place where talent, experience, and integrity come together to advance the state of clinical development.
As the world’s leading data-science CRO and pioneers in adaptive trial design, Cytel leverages the power of data to inform clinical strategy at every stage of drug development. From innovative trial design, end-to-end biometrics to real-world evidence, value and access, we strive to shorten the drug development cycle and increase the probability of success, delivering better patient outcomes through our innovative analytical methods.
We are seeking an Associate Director, Accounting
Position Overview:
We are seeking a highly motivated and technically strong Associate Director, Accounting to lead key areas of accounting, including revenue recognition, lead key strategic accounting initiatives, and enhance the company’s internal controls and processes following our Oracle Fusion ERP implementation.
The individual will play a key role in day-to-day operations through auditing of project set-up, perform customer contract reviews and other tasks in support of the revenue recognition process.
This is an individual contributor role with visibility across the organization, requiring strong collaboration with internal stakeholders, external partners, and senior leadership. The ideal candidate thrives in a fast-paced environment and brings a proactive, solutions-oriented mindset.
Accounting
• In support of the Director of Revenue Accounting, this role will be instrumental in the month-end close process which includes calculating revenue to be recognized for services using the Percentage Completion method as well as ensuring SaaS and On Premises Term license deals are set up and recognized appropriately within Oracle Fusion. This role will be responsible for reconciling unbilled and deferred revenue across multiple reporting entities as well as tracking and recording volume discounts and customer deposits.
• Ensure compliance and proper revenue recognition in accordance with ASC 606 and any related guidance.
• Own global revenue recognition and reporting for 3 Business Units
• Review customer contracts to ensure they are set up properly for revenue recognition and are billed in accordance with the contract terms.
• Own accounting for share-based compensation, including calculations, journal entries, and disclosures
• Accounting for software and software related costs
• Research and document technical accounting positions
Internal Controls & Financial Governance
• Support the design and implementation of an internal control framework, including performing a financial risk assessment and implementing a management certification process
ERP Optimization & Process Improvement
• Lead the identification, prioritization, and resolution of process and system improvement opportunities following the company’s Oracle Fusion ERP implementation
• Partner with cross-functional teams (Finance, IT, Operations) and external consultants to drive issue resolution and system enhancements
• Promote best practices, automation, use of Artificial Intelligence, and scalability across accounting processes
Close Process
Identify and implement initiatives to streamline and accelerate the monthly and quarterly close process
• Enhance process efficiency, reduce manual effort, and improve overall accuracy and timeliness
Ad Hoc & Strategic Projects
• Support special projects, cross-functional initiatives, and ad hoc analyses as requested by senior leadership
• Contribute to the continuous improvement of the accounting function and broader finance organization
Bachelor’s degree in Accounting, Finance, or related field
8–10+ years of relevant experience, including 2+ years in a management role preferred
Deep expertise in ASC 606 revenue recognition (SaaS, term licensing, percentage-of-completion)
Strong knowledge of internal controls, financial governance, and risk assessment frameworks
Experience with Oracle Fusion ERP (preferred) and driving system optimization and process improvements
Advanced financial analysis and reporting capabilities, including executive-level insights
Proven ability to lead and optimize month-end and quarter-end close processes
Demonstrated strategic thinking and strong tactical decision-making, including handling complex and unforeseen challenges
Strong executive communication skills with ability to influence senior leadership and drive alignment across functions
Preferred: Experience leveraging AI and automation to drive process efficiency, scalability, and transformation
Why Cytel?
Cytel is a Global CRO providing ground-breaking biostatistical software and services to large pharma and emerging Biotech clients globally. With our patients at the centre of all that we do, we help to accelerate the development of drugs and devices that save lives and improve quality of life.
At Cytel, our focus is to provide you with a comprehensive and competitive total reward package. In addition, our world class employee benefits, supportive policies and wellbeing initiatives are tailored to support you and your family at all stages of your career - both now, and into the future.
Cytel Inc. is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, colour, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.
Cytel Inc. is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.
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