Readying Global Blood Therapeutics for its first audit

Company type

Startup, private

Industry

Life sciences

Solution areas

Strategic Projects

Challenge:

The finance team at Global Blood Therapeutics had a pressing need to prepare for their first audit.
This fast-moving biopharmaceutical company based in South San Francisco had heard good things about RoseRyan.
They hired one of our seasoned pros to take on a myriad of financial tasks to streamline the close and prepare materials for the upcoming audit.

Solution:

The RoseRyan ace got cracking on readying two years worth of audit schedules, acting as the liaison between the external auditor and the company’s accountant to free up the finance team.
Because of our accounting ace’s extensive experience and professionalism, the team was very comfortable with her process for gathering information. After getting them ready for their first audit, she helped out with accounting for equity compensation plans.
The RoseRyan consultant also delivered up-to-date financials in just over two months when the company changed their financial year.

“I was delighted to have a senior player from RoseRyan join us to help us get ready for our first audit. Not only did she provide excellent work, but she fit in very well with our team and gained their trust quickly. RoseRyan did a great job all around and saved us valuable time.”

John Schembri, VP of Finance, Global Blood Therapeutics

Results:

New audit process

An efficient and smooth first audit

Finance team could focus on other tasks

Cultural fit with the rest of the team

Effective training for new finance employee

An ongoing partnership

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