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Full-Time

Flagship Pioneering Portfolio Company

Head of Finance

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, Expert

Cambridge, MA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 10+ years of financial and accounting experience in the life sciences / biotechnology industry. Experience leading finance for a company through a successful IPO strongly preferred.
  • BS/BA in accounting or finance; MBA and/or CPA preferred
  • Strong business acumen; proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms
  • Excellent project management / leadership skills with demonstrated track record and ability to engage teams to work together towards common deadlines.
  • Strong presentation skills to deliver succinctly and effectively deliver recommendations to senior leaders; frames complex concepts.
Responsibilities
  • Partner with the leadership team to understand critical scientific and operational decisions and the related financial impact
  • Partner with the leadership team to create a long range plan, milestones and financial projections
  • Create, maintain and track annual budgets and monthly forecasts
  • Manage cash flow vs financing needs and strategic scientific milestones
  • Board of Directors financial presentations and corporate governance
  • Oversee month end closes and reporting
  • Build finance team to support accounts payable and payroll
  • Management of lease, contracts, consulting agreements and other financial commitments
  • Continually evaluate and drive improvements across finance operations
  • Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up, such as system implementations and updates and business process improvements
  • Ad-Hoc Reporting and Analysis

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

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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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