Controller

| Hybrid
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About TrialSpark

TrialSpark is a technology-driven drug development company that runs end-to-end clinical trials, focused on bringing new treatments to patients faster and more efficiently.

The biggest bottleneck in bringing new treatments to patients is the clinical trial. On average, getting a drug through the trial process takes nearly a decade and frequently costs $1B+. To combat this industry problem, TrialSpark is building a technology platform that optimizes all aspects of a clinical trial, enabling more efficient trial design, faster trial completion, and higher trial data quality.

TrialSpark recently raised their Series C, and is putting the capital to work by in-licensing and co-developing drug programs through in-house development, joint ventures, and NewCos. Together with doctors, patients, and communities, TrialSpark is working to develop the treatments of tomorrow.

About the Position 

As the Controller at Trialspark, you will be responsible for establishing the company’s accounting,  financial reporting, and control policies and ensuring compliance with said policies. Based on a deep understanding of US GAAP and business processes, ideally in the life sciences/CRO or related technical consulting/development space, you will also play a key role in scaling-up the Company’s financial and accounting processes and systems.

Reporting to the CFO, you’ll be a strategic thought partner and key member of our finance team. You have a passion for process improvement and building structure in a fluid, fast-paced environment. This is a unique opportunity to join a quickly growing, dynamic team, and play a key role in leading the next-stage of organic and acquisitive growth. 

Responsibilities 

  • All transactional areas including revenue accounting, accounts payable, accounts receivable, payroll, fixed asset accounting and treasury management
  • Assessing, articulating and quantifying potential financial, regulatory and operational risks associated with business growth and accounting processes.
  • Developing and executing roadmap for implementing/improving processes and controls to scale the accounting function and safeguard assets
  • Ensuring the company tracks relevant financial metrics to measure performance and progress against our goals
  • Coordinating with FP&A team to produce regular budgets and forecasts
  • Overseeing audit processes and proactively communicating with auditors on accounting for complex transactions
  • Setting up new entities, reviewing consolidated financial statements and providing guidance to the team in all aspects of accounting.
  • Leading and directing planning and coordination of audits and quarterly reviews
  • Leading financial system implementations or integrations when necessary
  • Supporting financing and acquisition initiatives, due diligence, and transaction execution
  • Ensuring the company’s policies and procedures comply with US GAAP
  • Scaling accounting team and mentoring junior team members

About You

  • You have 7+ years of relevant experience at a leadership or management level, preferably in a Therapeutic, Pharmaceutical, Biotechnology or start-up environment
  • You have a Bachelor’s Degree in Accounting or related field, CPA and Master’s Degree preferred
  • You have a thorough knowledge of US GAAP
  • You have experience at companies with complex revenue models and cost structures
  • You have experience with acquisitions and capital raising activities
  • You have experience in establishing and successfully implementing internal controls, accounting policies, and financial systems
  • You have experience with public entities, experience with an IPO or SPAC transaction preferred
  • You have the ability to work independently and take initiative with minimal daily direction to accomplish objectives and deadlines
  • You have strong project and people management skills
  • You are organized, detail-oriented, and focused on getting things done

You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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Technology we use

  • Engineering
  • Product
  • People Operations
    • JavascriptLanguages
    • PythonLanguages
    • ReactLibraries
    • ReduxLibraries
    • FlaskFrameworks
    • PostgreSQLDatabases
    • LookerAnalytics
    • FigmaDesign
    • MiroDesign
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • JIRAManagement
    • SlackCollaboration
    • ZoomCollaboration

Location

Our office is located in Manhattan, near the Empire State Building. The area is lively and has great food and transportation options!

An Insider's view of Formation Bio

What’s the vibe like in the office?

The space is very open which makes it easy to collaborate and engage with different teams across the organization. People are very welcoming, supportive, and friendly. There is always a variety of different food and drinks available in the kitchen, in addition to foods that co-workers bring in for everyone to taste!

Joseph Frappaolo

IT Support Technician

What projects are you most excited about?

The project that excites me most is our new hire onboarding program because of the impact it will have on our company. Though we have a robust onboarding program in place already, we have the opportunity to think creatively about how to make the experience even better for our new hires, from the moment they accept our offer.

Erin Siegel

Senior People Operations Manager

How has your career grown since starting at the company?

I started working at Formation Bio in July of 2018. I joined the company as a Clinical Research Coordinator and was allowed to grow and adapt into new roles as the company's business model shifted. I transitioned into working as a Clinical Trial Associate after a couple of years, and now have over a year of experience as a Clinical Project Manager!

Gurpreet Singh

Clinical Project Manager

How has your career grown since starting at the company?

Formation Bio has given me the opportunity to take ownership over big projects and work streams, allowing me to have an impact on key functional business areas.

Maya Dongier

Senior Accounting Manager

What are Formation Bio Perks + Benefits

Formation Bio Benefits Overview

Formation Bio is nothing without its employees, so they are well taken care of! We offer comprehensive benefits that span from insurance to 401ks, with added perks like a pet-friendly office. Come meet our office dog, Rosie!

Culture
Open door policy
Open office floor plan
Employee resource groups
Hybrid work model
Flexible work schedule
Diversity
Mandated unconscious bias training
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental insurance
Vision insurance
Health insurance
Life insurance
Financial & Retirement
401(K)
Company equity
Pay transparency
Child Care & Parental Leave Benefits
Generous parental leave
Vacation & Time Off Benefits
Unlimited vacation policy
Paid holidays
Paid sick days
Office Perks
Company-sponsored outings
Yearly retreat and holiday party, regular team events and outings!
Free snacks and drinks
Company-sponsored happy hours
Fitness stipend
Home-office stipend for remote employees
Mother's room
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Continuing education stipend
Virtual coaching services

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