Director, Tax

Sorrento Therapeutics San Diego , CA 92140

Posted 4 weeks ago


Sorrento Therapeutics Inc. is a fast growing, clinical stage, antibody-centric, biopharmaceutical company developing new therapies to turn malignant cancers into manageable and possibly curable diseases. Sorrento's multimodal multipronged approach to fighting cancer is made possible by its' extensive immuno-oncology platforms, including key assets such as fully human antibodies ("G-MAB library"), clinical stage immuno-cellular therapies ("CAR-T"), intracellular targeting antibodies ("iTAbs"), antibody-drug conjugates ("ADC"), and clinical stage oncolytic virus ("Sephrevir").

We attract smart people who play well with others. We're small enough for your ideas to make a big impact, and large enough to offer you opportunities to grow professionally at any stage of your career.

If you're a quick learner, enjoy working in the biotech industry, and share our mission of providing ground-breaking impact to medicine, each other, and our patients, Sorrento Therapeutics is the place for you!


In this role you will support the Chief Accounting officer and CFO on a variety of corporate tax functions including tax compliance, technical GAAP and domestic compliances and audits. The ideal candidate should have experience with Debt and Equity Financings, M&A and IPO's.


  • Ensure compliance of US GAAP quarterly and annual tax accounting and reporting encompassing the ASC 740 tax provision process, from planning and forecasting through to calculations, recording, analysis and reporting.

  • Identify and mitigate company risks and communicate areas of potential exposure to management. Analyze and document FIN 48/ASC 740-10 and FAS 5 reserves.

  • Identify and resolve GAAP technical tax accounting matters, including issue spotting, collaboration with the Accounting Group, consensus building with internal and external stakeholders, and quality documentation of conclusions.

  • Lead, supervise and transform the tax accounting processes and delivery schedule, including introducing technology-enabled solutions where appropriate. Maintain concurrent, audit-ready workpapers and financial records for all filings.

  • Analyze tax accounting and reporting requirements for business combinations, debt and equity offerings, and other major corporate transactions.

  • Ensure that the group's tax accounting processes, documentation and related systems are in compliance with Sarbanes Oxley internal control requirements.

  • Work with financial planning team to forecast ETR, cash taxes, and impacts of potential business activities.

  • Assist to identify, analyze and implement tax planning opportunities, including for U.S. tax reform, M&A transactions, Debt and Equity Financing and business initiatives.

  • Strong analytical thinking and writing skills and the ability to work in a fast-paced environment.

  • Lead domestic income tax compliance process including the identification of potential tax saving opportunities.

  • Manage income tax audits and inquiries by governmental authorities.

  • A proven track record of applying stakeholder management and communication skills to influence and/or drive initiatives across the organization.

  • Develop and lead the team, including mentoring, continued development of technical skills, and maintaining and enhancing team dynamics.


  • Bachelor degree in Tax, Accounting or related field

  • CPA preferred

  • 10+ years of progressive tax experience.

  • Experience in public accounting as well as industry preferred

  • Strong knowledge of ASC 740

  • Strong verbal/ written communication skills


Support scientists who are on the leading edge of immunotherapies for the treatment of cancer.

Earn a competitive salary that allows you to focus your attention on your passion.

A comprehensive benefits package including: medical, dental, vision, life and disability insurance, matching 401k, 10 paid holidays, and three-weeks' PTO, plus stock options.

If this sounds like the right career to fit your personality and interests, please apply, we're looking forward to meeting you!

Principals only. Recruiters, please don't contact this job poster.

Sorrento Therapeutics, Inc. is an Equal Opportunity Employer

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Director, Tax

Sorrento Therapeutics