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Full-Time

Finance Manager

Confirmed live in the last 24 hours

Flagship Pioneering

Flagship Pioneering

501-1,000 employees

Biotechnology firm creating health and sustainability solutions

Biotechnology
Healthcare

Senior

Cambridge, MA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
Requirements
  • 5+ years of financial and accounting experience. Life sciences / biotechnology industry preferred.
  • BS/BA in accounting or finance; MBA is a plus.
  • CPA Preferred.
  • IFRS Experience Preferred
  • Strong business acumen: proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms.
  • Flexibility and ability to adapt to changing conditions.
  • Exceptional attitude, attention to detail and ability to motivate teams to do the same.
  • Experience in managing budgets, including research collaboration budgets is preferred.
  • Ability to work collaboratively with cross functional team members and with external partners.
  • Works within and meets all deadlines while executing on multiple deliverables.
  • Experience with NetSuite and Prendio a plus.
  • Flexible, personable team-player, comfortable in a fast-paced, small company environment.
  • Proven ability to set and meet ambitious deadlines, handle numerous multifaceted financial matters, and see projects through to conclusion.
  • Strong written and verbal communication skills and demonstrated ability to work collaboratively with both scientists and management.
  • Capacity to distill complexity and to communicate decisively with sound judgment.
Responsibilities
  • Responsible for month- and quarter-end close for entities in the Pioneering Medicines organization ensuring compliance with US GAAP (& IFRS for specific partnerships) including preparation of traditional journal entries and account reconciliations
  • Development and management of on-going financial reporting standards and close processes to align the business and implement regular cadence of monthly, quarterly, and annual reporting requirements to various stakeholders.
  • Collaborate with functional leaders in developing the Annual Budget, and financial forecasts, etc.
  • Provide detailed variance analysis of actual vs. budget/forecast to help budget owners manage spending.
  • Prepare presentations and analyses for the leadership team and external collaboration partners.
  • Manage and coordinate compliance related activities with external consultants (e.g. tax compliance etc.) across multiple portfolio companies.
  • Manage organizational cash flow, budgeting, forecasting, and reporting for Pioneering Medicines portfolio of companies.
  • Support proper accounting treatment for new and complex business transactions such as those involving mergers & acquisitions and collaboration agreements.
  • Manage annual financial statement audits and periodic reviews.
  • Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up.
  • Liaise with business operating unit to ensure purchasing is efficient and within guidelines.

Flagship Pioneering fosters a culture of groundbreaking advancements in biotechnology, emphasizing an ecosystem approach that synergizes human health and sustainability. Their business model not only focuses on creating transformative products but also incubates leading companies like Moderna and Indigo Agriculture, positioning them at the forefront of scientific innovation and industry leadership. This approach offers employees a unique opportunity to be part of a pioneering team that drives real-world impacts across multiple sectors.

Company Stage

N/A

Total Funding

$6.4B

Headquarters

Cambridge, Massachusetts

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Flagship's recent $3.6 billion raise will support the creation of 25 new breakthrough companies, offering substantial growth opportunities.
  • The firm's track record of founding over 100 biotechnology companies, including industry leaders like Moderna, highlights its potential for high-impact innovation.
  • Key leadership appointments and promotions, such as Lovisa Afzelius to General Partner, strengthen Flagship's strategic direction and operational capabilities.

What critics are saying

  • The ambitious goal of creating 25 breakthrough companies may stretch resources and focus, potentially impacting the quality of each venture.
  • Heavy reliance on AI and advanced computational techniques could face technological and regulatory hurdles, slowing down progress.

What makes Flagship Pioneering unique

  • Flagship Pioneering's focus on creating and developing breakthrough companies in human health, sustainability, and AI sets it apart from traditional venture firms.
  • Their significant capital pool of $10.9 billion and $14 billion in assets under management provides unparalleled financial backing for innovative ventures.
  • Flagship's unique approach to leveraging generative AI for drug discovery and development accelerates the creation of transformative technologies.

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