Director, Commercial FP&A
BioSpace · Cambridge, MA · 1 wk ago
Finance$210k–$257k/yrFull-time
About the Role
Reporting to the VP of FP&A, this newly created position is a high-impact role for a finance leader who thrives in the high-stakes environment of a pre-revenue biotech. As we prepare for our first commercial launch, you will be working closely with Commercial leadership as the primary architect of our commercial FP&A infrastructure. You won't just be managing a budget; you will be helping build the revenue models, gross-to-net (GTN) frameworks, and support commercial operations to define our success from day one.
Responsibilities
- Build the Revenue Engine: Develop our first sophisticated, patient-based "top-down/bottom-up" revenue models.
- Launch Strategy & Spend: Lead FP&A planning for the Commercial build-out.
- Gross-to-Net (GTN) Framework: Establish the initial FP&A model and forecasting framework for rebates, chargebacks, and co-pay assistance—critical for our first reported earnings.
- Market Access Partnership: Partner with the Access team to model scenarios for payer contracting, Medicaid/Medicare mandates, and 340B impact.
- Forecast Management: Provide the C-suite with clear visibility into revenue projections vs. actuals to ensure insights to help drive sales performance.
Qualifications
- Education: Bachelor’s in Finance/Accounting; MBA or CPA preferred.
- Experience: 8–12 years in Finance/Accounting, with a heavy emphasis on Biotech Launch Readiness. You’ve seen a drug go from Phase III to the shelf.
- The "Startup" Mindset: You are comfortable with ambiguity. You enjoy building your own spreadsheets and processes from scratch.
- Technical Expertise: Deep knowledge of US drug pricing, the buy-and-bill vs. specialty pharmacy models, and GTN accrual methodology.
- Influence: The ability to push back on Commercial leadership with data-driven insights to ensure spend is disciplined and ROI-focused.
Pay & Benefits
- Base salary range: $210,261 - $256,985 USD per year (determined based on relevant education, experience, specialized skills, internal comparators, and other business needs; reviewed periodically).
- Performance-based annual cash bonus.
- New hire equity grant.
- Eligibility for annual equity awards (value determined annually at the Company’s discretion).