Associate Director Finance

Flagship Pioneering, Inc.•Cambridge, MA

2d•$148,000 - $203,500

About The Position

The Associate Director, Finance, will be a key member of the Flagship Pioneering finance team, responsible for supporting financial planning, reporting, accounting, forecasting, and operational finance activities across primarily the Pioneering Medicine’s (PM) portfolio of internal and partnered programs. This individual will partner closely with PM leadership, program teams, functional leaders, and cross-functional finance and accounting stakeholders to provide financial insight, strengthen budget discipline, and support timely, high-quality decision-making in a dynamic biotechnology environment. The role will manage core finance activities across assigned PM entities and programs, including budget-to-actuals, cash flow monitoring, management reporting, forecasting, close support, collaboration partner reporting, and ad hoc analysis. The Associate Director will also help improve finance processes, reporting standards, systems, and controls. While this role is primarily focused on the Pioneering Medicines business unit, the successful candidate should also bring strong accounting and controllership capabilities and be able to provide cross-functional support to Flagship Labs or related portfolio company finance teams as business needs require. This may include supporting close review, GAAP compliance, audit readiness, financial statement analysis, accounting operations, and process improvement initiatives in partnership with the broader finance organization.

Requirements

BS/BA in accounting or finance; MBA is a plus. CPA Preferred.
10+ years of financial and accounting experience. Life sciences / biotechnology industry preferred.
Strong understanding of US GAAP, financial reporting, accounting operations, month-end and quarter-end close processes, account reconciliations, accruals, and internal controls. IFRS experience is a plus
Experience with budgeting, forecasting, cash flow management, budget-to-actual analysis, variance analysis, and financial modeling across multiple entities, programs, or business units.
Demonstrated ability to partner effectively with cross-functional teams, including R&D, program management, business development, legal, tax, accounting, finance operations, senior leadership, and external partners.
Strong business acumen, with the ability to connect operational priorities, program strategy, contractual obligations, and financial outcomes.
Ability to interpret complex financial information, identify key risks and drivers, and communicate insights clearly and decisively to both finance and non-finance stakeholders.
Experience supporting research collaborations, partnered programs, portfolio companies, audits, tax compliance, statutory reporting, fund reporting, or external consultant coordination preferred.
Working knowledge of financial systems and procurement tools; NetSuite and Coupa experience preferred.
Flexible, collaborative, and solutions-oriented team player with strong project management skills, attention to detail, and the ability to manage multiple deliverables in a fast-paced, evolving environment.

Nice To Haves

MBA is a plus.
CPA Preferred.
IFRS experience is a plus
Experience supporting research collaborations, partnered programs, portfolio companies, audits, tax compliance, statutory reporting, fund reporting, or external consultant coordination preferred.
NetSuite and Coupa experience preferred.

Responsibilities

Serve as a finance partner to Pioneering Medicines leadership, program teams, functional leaders, and cross-functional stakeholders, providing financial insights that support portfolio, program, and business decision-making.
Manage financial planning, forecasting, reporting, and analysis for assigned PM entities, asset companies, internal programs, and partnered programs, including budget-to-actuals, variance analysis, cash flow monitoring, and management reporting.
Lead or support monthly, quarterly, and annual close activities, including accruals, journal entry and reconciliation review, financial reporting, flux analysis, and coordination with accounting and finance operations teams to ensure timely and accurate results.
Partner with Program Managers and functional leaders to develop and maintain program-level budgets, forecasts, operational plans, and financial models, including support for new asset proposals, ongoing program funding, and portfolio prioritization.
Support financial management of research collaborations, partnered programs, and external pharma relationships, including collaboration budget tracking, reporting requirements, forecasting, joint finance meeting preparation, and review of relevant financial terms.
Provide accounting and controllership support for PM, Flagship Labs, or related portfolio company needs as required, including GAAP compliance, audit support, financial statement review, close process support, ASC 842 lease accounting, capital project tracking, and accounting policy or process implementation.
Coordinate with Finance Operations, Accounting, Tax, Legal, Business Development, and external consultants to support audits, tax compliance, statutory or fund reporting, K-1 reporting where applicable, collaboration agreements, financings, company transitions, and other complex or evolving business needs.
Help develop, standardize, and improve finance reporting processes, close procedures, forecasting tools, systems, workflows, and internal controls to support scalability, accuracy, efficiency, and business visibility.
Proactively identify financial, operational, reporting, or control-related risks and opportunities, and recommend practical solutions that balance business needs, finance requirements, and compliance expectations.
Guide, mentor, and support junior finance or accounting team members, including providing review, coaching, and direction on financial analyses, close activities, reporting packages, process improvements, and project deliverables.