Senior Manager, SOX Compliance

Job Description

About Tonix*

Tonix is a biopharmaceutical company, publicly traded on NASDAQ (ticker: TNXP). The Company is focused on commercializing, developing, discovering and licensing therapeutics to treat and prevent human disease. Tonix markets Zembrace® SymTouch® (sumatriptan injection) 3 mg and Tosymra® (sumatriptan nasal spray) 10 mg. Zembrace SymTouch and Tosymra are each indicated for the treatment of acute migraine with or without aura in adults. Tonix’s development portfolio is composed of central nervous system (CNS), rare disease, immunology and infectious disease product candidates. Tonix’s CNS development portfolio includes both small molecules and biologics to treat pain, neurologic, psychiatric and addiction conditions. The Company’s immunology portfolio includes biologics to address organ transplant rejection, autoimmunity, and cancer. Tonix’s infectious disease pipeline consists of a vaccine in development to prevent smallpox and monkeypox, which also serves as the live virus vaccine platform or recombinant pox vaccine platform for other infectious diseases.

Position Overview

Tonix is looking for a full-time SOX Compliance Senior Manager who will be responsible for managing the company’s Sarbanes-Oxley (SOX) Compliance. The role includes leading the strategy, scoping, training, deficiency remediation, and reporting for the company’s SOX compliance program. The SOX Compliance Senior Manager works with leadership to design effective and efficient controls over financial reporting, recommends process/controls/systems improvement changes for any gaps and deficiencies identified through SOX testing, and facilitates the remediation and monitoring strategy to comply with SOX. The individual in this position will also lead specific key SOX initiatives such as trainings, risk assessment, fraud risk assessment, and quarterly certification processes. The individual will also work with external consultants, and business leads in the design of internal control procedures for new processes. This position will report directly to the Corporate Controller and will be based at the Tonix Chatham, NJ office.

Essential Duties

Lead the annual SOX 404 financial statement mapping, risk assessment and scoping process including identifying significant locations, business units, transaction cycles and critical processes and accounts ensuring an adequate scope and testing of the Company's financial statements.

Lead walkthroughs and risk assessments with process owners and reviewing documentation and assessing results to ensure adequate control design and identification of "key" controls

Partner with Finance, IT, Procurement, Legal and other departments to maintain a robust internal control environment across business systems.

Assess the effectiveness of internal controls over key financial risks

Work cross-functionally with process owners to ensure controls are operating effectively and evidenced appropriately

Identify process/control deficiencies, recommend remediation plan, and monitor remediation progress

Facilitate SOX Section 404 related tests of controls, including Accounting and IT controls testing and related documentation

Serve as the main SOX contact for coordination with external auditors related to testing requests and issues

Evaluate changes in process, people, and technology that may have an impact to internal control over financial reporting (may include process changes, new accounting pronouncements, and/or system implementations). Document SOX impact and provide controls guidance and training, as required.

Assist process owners in the preparation and on-going maintenance of SOX process documentation and process flowcharts

Review the quarterly SOX certification process

Monitor segregation of duties review

Make process improvement recommendations with regards to control design and audit procedures

Follow all established occupational health and safety procedures, good manufacturing practices (GMP’s) and standard operating procedures (SOP’s)

Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork

Perform ad-hoc work/special projects as necessary to support Tonix on various business initiative

Minimum Qualifications

Bachelor’s degree with a major in accounting or finance required

Professional certification a plus (CPA, CIA, CISA, CFE)

Over eight (8+) years of progressive experience in internal audit, accounting, and finance

Big 4 public accounting experience strongly preferred

Public company audit experience

Detailed knowledge of COSO framework, US Generally Accepted Accounting Principles (GAAP), and PCAOB requirements

Strong knowledge of Business Process, Internal controls, and Sarbanes Oxley requirements.

Knowledge of NetSuite (ERP), Coupa (Procurement-to-Pay), Workday Adaptive Budgeting and Planning is a plus

MS Word, Excel, PowerPoint, Visio, Outlook

Ability for travel 30% of the time

Dedicated team player who is able to withstand the high demands of a fast-paced environment

Excellent written and verbal communication skills are essential

Strong planning and organizational skills

Comfortable working independently with minimal supervision

Highly organized, results driven, problem solver, and collaborator

Demonstrated ability to perform the essential duties of the position with or without accommodation

Recruitment & Staffing Agencies

Tonix does not accept agency resumes unless contacted directly by internal Tonix Talent Acquisition. Please do not forward resumes to Tonix employees or any other company location; Tonix is not responsible for any fees related to unsolicited resumes.

Compensation & Benefits

Annualized base salary ranges from $100,000 to $170,000 plus target incentive; actual salaries will vary and may be above or below this range commensurate with several factors including experience, education, training, location, and merit.

Tonix provides a comprehensive compensation and benefits package which includes:

Medical, Dental & Vision Insurance, Basic and Voluntary Life and AD&D Insurance, Short- and Long-Term Disability Insurance, Flexible Spending Accounts, Health Savings Account, and Employee Assistance Programs

Pet Insurance

Retirement Savings 401k with company match and annual discretionary stock options

Generous Paid Time Off, Sick Time, & Paid Holidays

Career Development and Training

Tonix provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, genetics, or any other characteristic protected by law. In addition to federal law requirements, Tonix complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, and training. Tonix expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic, information, disability, veteran status, or any other characteristic protected by law.

Full-time