Senior Strategic Finance Manager

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We’re looking for a senior strategic finance manager to help change the future of medicine.Note: This role is based at our NYC HQ; however, our office is closed through June 2021.

Of the several thousand known diseases that affect humans, only ~500 have treatments; few have cures.

Despite advances that have made the discovery of new drug candidates faster than ever, thousands of potential treatments remain "on the shelf," untested, because of the enormous bottleneck of putting them through clinical trials. On average, getting a drug through the trial process takes nearly a decade and frequently costs over $1B -- and over time, the problem has only gotten worse. As a result, only a select few treatments ever get a shot at reaching patients who need them. To make matters worse, the high cost of clinical trials often results in high drug prices for patients.TrialSpark is a new healthcare company on a mission to bring treatments to patients faster and more efficiently by reimagining clinical trials.Join us in changing the way physicians, researchers, and patients work together to advance medical research.

As a Senior Strategic Finance Manager at TrialSpark, you will be responsible for leading financial planning and analysis (FP&A) as well as strategic finance to enable visibility into performance, provide actionable insights and facilitate data-driven decision-making across the organization and at the functional, leadership and board levels.

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:

  • Setting overarching direction for and overseeing FP&A / strategic finance team
  • Leading all budgeting, forecasting and long-term financial planning
  • Establishing frameworks for and leading development and presentation of strategic financial analysis to enable data-driven decision-making at all company levels
  • Recommending actionable and measurable key performance indicators (KPIs) that drive company performance to key stakeholders based on financial insights 
  • Overseeing development of financial reports and analyses for functional leaders, company leadership and the company’s board of directors
  • Identifying, evaluating and implementing processes and tools to facilitate continuous improvement in the quality and speed of financial reporting, forecasting and analysis as the business scales

Qualifications and Experience

You’d be a great fit for this position if you have 5+ 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 people management experience 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
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    • LookerAnalytics
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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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