Vice President, Finance
About the role
The VP of Finance at Flagship Labs will serve as a strategic finance partner to a portfolio of early-stage platform companies (pre-Series A through Series B). This individual will advise company leadership on financial strategy while overseeing the day-to-day financial operations of each portfolio company, including month-end closing, cash management, budgeting and forecasting, administrative functions, and technology oversight.
Responsibilities
- Collaborate with platform company leadership teams to develop long-term strategic plans, define key milestones, and build detailed financial models and projections
- Partner with Pioneering Business Unit (PBU) Leadership, Flagship Labs Leadership, Business Analytics and Pipeline & Product Innovation (P&PI) team to create value maps with potential unlocks for portfolio companies
- Oversee cash flow planning in alignment with financing requirements and scientific milestones
- Oversee annual budgets, rolling monthly forecasts and long-range plans for responsible portfolio companies in partnership with FP&A
- Prepare financial materials for Board of Directors meetings and other governance meetings. Support corporate governance activities
- Oversee the Venture Debt strategy, execution, and governance across Flagship Lab, ensuring disciplined paydowns, amortization schedules, vehicle drawdowns & extensions and financials reporting
- Partner with the Flagship Facilities team to strategically optimize space allocation across portfolio companies, proactively planning for headcount growth and evolving capital requirements
- Drive high-impact projects typical of rapidly scaling biotechnology startups, including efficient system implementations, standardized processes, and operational process improvements across portfolio companies
- Provide ad hoc financial reporting and strategic analysis as needed
Qualifications
- 10+ years of financial and accounting experience in the life sciences / biotechnology industry. Experience in a company that completed a successful IPO is a plus
- 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 / consultative skills with demonstrated track record and ability to manage competing priorities and stakeholders
- Strong presentation skills to deliver succinctly and effectively deliver recommendations to senior leaders and frame complex concepts
Benefits
Flagship Pioneering and our ecosystem companies are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
At Flagship, we recognize there is no perfect candidate. If you have some of the experience listed above but not all, please apply anyway. Experience comes in many forms, skills are transferable, and passion goes a long way. We are dedicated to building diverse and inclusive teams and look forward to learning more about your unique background.
Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto
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The salary range for this role is $265,000 - $330,000. Compensation for the role will depend on a number of factors, including a candidate’s qualifications, skills, competencies, and experience. Flagship Pioneering currently offers healthcare coverage, annual incentive program, retirement benefits and a broad range of other benefits. Compensation and benefits information is based on Flagship Pioneering's good faith estimate as of the date of publication and may be modified in the future.
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