Job Description
Location: Remote (US based)
Commitment: ~ 2 days per week
Role Overview
The Controller / VP Finance will be a part-time finance leader responsible for Reveal’s financial operations. This individual will be responsible for day to day finance and accounting, manage government grant and/or contract accounting and submissions, close the books each month, oversee external accounting firms, and provide clear financial reporting and cash forecasts to management.
The role is hands-on and collaborative, working closely with the CFO, Clinical, CMC, and R&D leads, and CEO to track program spending and support decision-making in a rapidly evolving clinical-stage business.
Key Responsibilities
- Financial Operations and Oversight
- Oversee the outsourced accounting firm to ensure accurate, timely, GAAP-compliant reporting.
- Manage the monthly close and deliver concise monthly and quarterly financial reports.
- Reconcile bank and credit card accounts each month and maintain clean general ledgers.
- Oversee payroll, payables and ensure correct coding and approvals.
- Prepare key journal entries, including invoices, grant revenue, labor allocations, and accruals.
- Manage tax and routing corporate compliance matters.
- Coordinate with external auditors and support annual audit planning and deliverables.
- Build and update cash forecasts, including commitments (grant funds available for drawdown).
- Partner with management, clinical leads, CMC, and R&D leads on program budgets and tracking vendor spend, including clinical study, CMC, and nonclinical research workstreams.
- Support financial planning and analysis in coordination with the CFO and CEO.
- Grant and Contract Accounting and Compliance
- Lead grant and contract accounting (e.g. NIH SBIR, Other Transactions) and financial reporting.
- Coordinate with accounting firm on reviews and specialized reports.
- Prepare documentation for grant drawdowns and other funding disbursements.
- Manage timesheet and labor records to support grant requirements and ensure timely submissions.
- Maintain grant and program spend trackers and align actuals with budgets and forecasts.
- Qualifications / Requirements
- Bachelor’s degree in accounting, finance, or related field; CPA or MBA strongly preferred.
- 10-15+ years of progressive experience in accounting or finance, ideally with clinical trial accounting and life sciences industry experience.
- Experience in startup and early stage growth companies, FDA Phase 2 experience ideal.
- Strong understanding of GAAP, accrual accounting, and internal control best practices.
- Demonstrated experience with government grant and/or contract financial management and reporting a plus.
- Excellent organizational skills, attention to detail, follow-through, and ability to execute; willingness to take on routine tasks and ability to take a strategic view; comfortable operating independently in a remote, part-time, early-stage environment.
- Must be US-based; Massachusetts preferred; Cambridge/Boston area a plus
About Reveal Pharmaceuticals
Reveal is a clinical-stage biotechnology company developing a next-generation MRI contrast agent currently in Phase 2 clinical trials with FDA Fast Track designation. Our mission is to transform how contrast-enhanced MRI is performed and address three major challenges: patient safety, environmental impact, and healthcare supply-chain resilience.
More than 60 million MRI scans with contrast are performed each year. Current contrast agents rely on the heavy metal gadolinium, which accumulates in patients, contributes to rising levels of gadolinium in surface waters, and depends on a vulnerable rare-earth supply chain.
Reveal’s patented gadolinium-free contrast agents use manganese, an element that is abundant in nature and essential for human biology. Our work has won over $15 million in NIH SBIR grant funding, reflecting strong validation of our technology and its potential impact. Our investors include patients, physicians, and industry experts who share our commitment to advancing safer and more sustainable medical imaging.
Join us to help advance a breakthrough technology with the potential to improve care for millions of patients while addressing critical environmental and global supply challenges.
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