Akash Patnaik
Corporate Controller @Cymabay Therapeutics
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WORK HISTORY
Corporate Controller @Cymabay Therapeutics
Newark, CA, US
CymaBay is a clinical-stage biopharmaceutical company focused on developing innovative therapies for patients with liver and other chronic diseases.
EDUCATION
Wharton Executive Education
Emerging CFO Program, Accounting and Finance
American Institute of Certified Public Accountants
Certified Public Accountants, Accounting and Finance
The Institute of Chartered Accountants of India
Chartered Accountant, Accounting and Finance
Western Governors University
Master of Business Administration - MBA
SKILLS
ABOUT AKASH PATNAIK
Finance and accounting executive with more than 19 years of experience working with multinational companies in biotechnology and pharmaceutical industry. Significant progressive experience in corporate accounting, SEC/external reporting and internal controls. Current key responsibilities include owning the overall financial close process including external reporting along with managing, collaborating and coaching multiple team members. Extensive experience in providing technical accounting leadership in complex areas such as revenue recognition, gross vs net, reimbursements from insurance carriers, collaboration arrangements, lease accounting, business combinations, goodwill/intangibles impairment, financial instruments, derivatives, consolidation analysis for variable interest entities, 404 reporting and implementation of internal controls. Advising registrants on US GAAP and SEC technical matters in relation to IPO and corporate financing transaction during prior Big 4 senior director role. Goal oriented leader with the ability to contribute to broad strategic vision, detailed oriented and flexible to change.
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