About Avalyn
Avalyn aims to transform the treatment paradigm for pulmonary fibrosis and other serious, rare respiratory diseases. The company is advancing optimized inhaled formulations of established antifibrotic medicines designed to deliver drug directly to the lungs, enhance local efficacy, and reduce systemic side effects. Avalyn’s AP01 program is an optimized inhaled formulation of pirfenidone currently being evaluated in MIST, a global Phase 2b clinical trial in patients with progressive pulmonary fibrosis (PPF). AP01 has demonstrated encouraging safety and clinical activity across Phase 1b and an ongoing, multi-year open-label extension trial, with long-term data supporting the potential to preserve lung function while improving tolerability relative to historical oral pirfenidone. Avalyn’s AP02 program is an optimized inhaled formulation of nintedanib currently being evaluated in AURA-IPF, a global Phase 2 clinical trial in patients with idiopathic pulmonary fibrosis (IPF). Avalyn is also advancing AP03, an inhaled fixed-dose combination of pirfenidone and nintedanib, designed to deliver multiple antifibrotic mechanisms through a single lung-targeted platform. By leveraging its proprietary drug-device approach and deep expertise in rare respiratory disease development, Avalyn aims to establish a new standard of care in pulmonary fibrosis through inhaled, lung-targeted therapies. For more information, please visit avalynpharma.com and follow the company on LinkedIn.
Position Overview
The Senior Manager or Associate Director of SEC Reporting & Technical Accounting will build and lead Avalyn’s external reporting and SOX compliance capabilities as a newly public biotechnology company. This high-impact, foundational position is ideal for a technically strong, pragmatic leader who enjoys creating structure in a dynamic, mission-driven environment. The Director will establish scalable SEC reporting processes, design and document internal controls over financial reporting, and serve as the Company’s subject matter expert on complex accounting matters. Reporting to the VP of Finance, this role partners closely with Finance and cross-functional teams across the organization to drive alignment, accountability, and best practices through strong collaboration and clear communication.
SEC Reporting
- Lead the preparation and timely filing of SEC reports, including Forms 10-K, 10-Q, 8-K, and S-8, and oversee XBRL tagging and related external reporting processes.
- Own the preparation and review of financial statements, footnotes, and MD&A, ensuring compliance with U.S. GAAP and SEC regulations.
- Partner with Legal, FP&A, Investor Relations, and senior leadership on earnings releases, proxy materials, and other public disclosures.
Technical Accounting
- Serve as the company’s subject matter expert on technical accounting matters, including revenue recognition, collaboration and licensing arrangements, R&D activities, financing transactions, and stock-based compensation under ASC 718.
- Research, evaluate, and document accounting conclusions for complex transactions and prepare technical accounting memoranda and policy documentation.
- Support commercialization readiness by helping establish GAAP- and SOX-compliant revenue accounting and order-to-cash processes in partnership with Commercial, Market Access, Finance, and IT.
SOX Compliance & Internal Controls
- Design and implement internal controls over financial reporting as the company continues to build toward full SOX compliance.
- Lead walkthroughs, risk assessments, control documentation, and remediation efforts in partnership with process owners and external consultants.
- Strengthen scalable controls and operating processes across SEC reporting, technical accounting, and equity administration.
Equity Accounting & Administration
- Lead equity accounting, including the calculation and recording of stock-based compensation in accordance with ASC 718.
- Oversee external support for day-to-day stock administration activities and help ensure strong governance around equity-related processes.
- Support Section 16 reporting and related compliance requirements in coordination with legal counsel.
External Audits
- Manage quarterly reviews and annual audits and serve as the primary liaison with external auditors on technical accounting matters.
- Coordinate PBC requests and support an efficient, well-organized audit process.
Qualifications
- A minimum of a Bachelor’s degree in Accounting or Finance required; CPA required.
- 6-8+ years of progressive accounting experience, including substantial SEC reporting and technical accounting experience in a public company environment.
- Big 4 or national public accounting firm experience strongly preferred.
- Demonstrated experience building or enhancing SOX compliance programs.
- Experience in biotechnology, life sciences, or other R&D-intensive industries strongly preferred; experience with cell therapy revenue recognition is a plus.
- Deep knowledge of U.S. GAAP and SEC regulations, including revenue recognition, equity compensation, and complex transaction accounting.
- Experience with tools such as Active Disclosure, Equity Edge, NetSuite, or similar systems preferred.
- Strong communication, sound judgment, and the ability to lead through influence in a fast-paced, mission-driven environment.
