Associate Director
Financial Planning & Analysis
Updated on 2/9/2024
Insitro

201-500 employees

Machine learning-driven drug discovery and development
Company Overview
Insitro stands out as a pioneering drug discovery and development company, utilizing machine learning and high-throughput biology to transform the traditional, often inefficient, process of creating medicines. The company's unique approach combines human genetics, functional genomics, and machine learning to construct predictive in vitro human cell-derived disease models, aiming to deliver more effective medicines faster and at a lower cost. With a diverse team of experts in life sciences, machine learning, human genetics, engineering, and drug discovery, insitro fosters a collaborative culture that integrates the languages of biology and machine learning, making it an ideal workplace for those seeking to advance tomorrow's medicines.
AI & Machine Learning
Data & Analytics

Company Stage

Series C

Total Funding

$743M

Founded

2018

Headquarters

South San Francisco, California

Growth & Insights
Headcount

6 month growth

6%

1 year growth

19%

2 year growth

65%
Locations
San Bruno, CA, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
Oracle
Excel/Numbers/Sheets
CategoriesNew
Finance & Banking
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
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
  • 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
Desired Qualifications
  • Passion for making a difference in the world!