Strategic Finance Associate

| Greater NYC Area | 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 has built 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 a Strategic Finance Associate at TrialSpark, you will be responsible for executing financial planning and analysis (FP&A) activities as well as performing strategic financial analysis to facilitate data-driven decision-making across the organization and at the functional, leadership and board level.

In this role, you will play a pivotal role in shaping and building out TrialSpark’s core FP&A and strategic finance capabilities, including the processes and tools employed in day-to-day execution.

Responsibilities

Specific responsibilities for in this role will include, but are not limited to:

  • Building annual company budgets and long range plans
  • Maintaining rolling company forecasts based on inputs from accounting and functional teams
  • Partnering with operations to build detailed drug development budgets and with accounting to monitor and review financial performance against budgets
  • Performing strategic financial analysis to enable data-driven decision-making across the organization
  • Creating financial reports and analyses for functional leaders, company leadership and the company’s board of directors
  • Identifying, evaluating and implementing tools to facilitate continuous improvement in the quality and speed of financial reporting, forecasting and analysis as the business scales

About You

You’d be a great fit for this position if you have 2+ years of FP&A, strategic finance, principal investment and/or investment banking experience and:

  • Prior experience at an early stage company in healthcare and/or life sciences preferred
  • Prior experience implementing financial planning software to enable functional scaling
  • You can work collaboratively and cross-functionally in a fast-paced, often changing environment
  • You can synthesize strategic insights from complex, detailed financial analysis and clearly communicate financial concepts to audiences with limited context and/or without a financial background
  • You are strong self-starter who is comfortable with ambiguity yet drives towards clarity
  • You are intellectually curious and constantly look for ways to improve how to do things

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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