Full-Time

Associate Director

Posted on 4/5/2024

Insitro

Insitro

201-500 employees

Machine learning-driven drug discovery and development

Data & Analytics
AI & Machine Learning

Compensation Overview

$185,000 - $200,000Annually

+ Annual Performance Bonus Plan + Equity Incentive Plan

Senior

San Bruno, CA, USA

Required Skills
Communications
Oracle
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in Business, Finance, Accounting or related field
  • 8+ years of relevant work experience in the biotech life sciences sector with a combination of private and public companies
  • MBA, CFA, CPA certification or consulting experience highly preferred
  • Experience working in Anaplan and Oracle Cloud or equivalent systems
  • Exceptional financial modeling (including clinical trial modeling), reporting metrics and presentation in Excel, Thinkcell, G-Sheets and G-Slides
  • Excellent communication & strong interpersonal skills
  • Excellent project management skills and the ability to collaborate cross-functionally
  • Ability to translate data into concrete recommendations and actions
Responsibilities
  • Lead the annual budget and forecasting process across all departments, inclusive of the latest estimate (LE) re-forecast to refine expectations for the year
  • Build models to analyze liquidity, cash concentration and cash forecasting
  • Prepare financial budget and results Board presentations
  • Prepare financial models to support operational initiatives and contemplated high dollar purchases
  • Lead and present month-end financial close results deck
  • Provide regular reporting and variance analyses to all departments to promote decision-making and alignment to our corporate objectives & identify opportunities for cost efficiencies
  • Understand insitro's business model so that Finance's commentary goes beyond numbers and contextualizes data with business outcomes
  • Partner with the Accounting Team on close processes around accruals and expenses, project code reporting and department and expense account reclasses
  • Prepare monthly headcount tracking and forecasting for executive review
  • Partner with Senior Leadership to evolve our capital allocation strategy and project level planning
  • Create build vs. buy analyses for potential external services & CapEx requests
  • Participate in special projects
  • Lead Anaplan system enhancements, issue resolution and cost center manager system access to ensure important partners have access to their dashboards and data to support their decision-making
  • Continue to provide analytical support and suggestions regarding the implementation of planning systems and associated outputs; ensure Anaplan continues to meet the needs of our scaling organization
  • Review purchase requisitions to ensure budget and financial compliance
  • Contribute to continuous process improvements to identify opportunities to streamline and eliminate redundancies
  • When applicable, hire and mentor a team to support company growth

Insitro, a data-driven drug discovery and development company, integrates machine learning, human genetics, and high-throughput biology. This innovative approach aims to revolutionize the traditional methods of drug discovery, by enhancing the prediction and understanding of human cell-derived disease models, ultimately aiming to reduce development costs and time.

Company Stage

Series C

Total Funding

$825.4M

Headquarters

South San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

8%

1 year growth

31%

2 year growth

60%

Benefits

Excellent medical, dental, and vision coverage

Excellent mental health and well-being support

Open vacation policy

Access to free onsite baristas & cafe with daily lunch and breakfast

Access to free onsite fitness center

Commuter benefits

Paid parental leave

Competitive pay and 401(k) matching

Flexible work schedule (on site and remote)