Insitro-posted 2 months ago
$183,000 - $237,000/Yr
Full-time • Mid Level
Hybrid • South San Francisco, CA
251-500 employees
Professional, Scientific, and Technical Services

The unprecedented convergence of multi-modal data, advanced disease modeling, and computational power is revolutionizing drug discovery. insitro is harnessing this moment to redefine how medicines are developed for complex diseases. Our AI/ML-enabled platforms integrate and scale data to rapidly discover novel biological insights to redefine complex diseases and identify new targets and drugs. To enable this vision we're seeking a highly motivated (Associate) Director of R&D and Clinical FP&A to be the strategic financial partner to our Research, Development, and Clinical organizations. This is a critical FP&A role that will own the financial planning, analysis, and decision support for our entire R&D and clinical trial portfolio. You'll be instrumental in shaping our financial strategy as we transition into a clinical-stage company, providing the insights needed to allocate resources effectively and drive our programs forward. This is a highly visible role with significant interaction with senior leadership across the company. This role will report to the Director of Corporate and Strategic Finance and will be hybrid with the expectation of being onsite 3 days a week.

  • Serve as the primary finance business partner for R&D and Clinical leadership, collaborating with various scientific and operational teams.
  • Support annual and mid-year budgeting and long-range planning processes for all R&D and clinical programs.
  • Develop robust financial models to forecast and track clinical trial costs, R&D departmental expenses, and headcount.
  • Manage the development of multi-year clinical trial cost forecasting models and scenario analysis.
  • Prepare and present monthly and quarterly financial reports for R&D and Clinical leadership.
  • Partner with the Accounting team to manage the month-end close process for R&D and clinical activities.
  • Provide data-driven financial analysis to support key portfolio decisions and strategic initiatives.
  • Drive development and implementation of key process improvement initiatives.
  • Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or CPA is highly preferred.
  • 8+ years of progressive experience in financial planning and analysis (FP&A).
  • Biotech or pharmaceutical industry experience is required.
  • Direct experience supporting R&D and/or Clinical Development organizations is required.
  • Deep understanding of the drug development lifecycle, from early-stage research through clinical trials.
  • Demonstrated experience with clinical trial forecasting.
  • Experience with project reporting, operational accounting, and financial reporting.
  • Exceptional financial modeling and analytical skills.
  • Expert proficiency with Microsoft Excel/Google Sheets.
  • Strong familiarity with PowerPoint/Google Slides/ThinkCell is a plus.
  • Familiarity with Neuro and Metabolism TAs is a plus.
  • Experience with ERP systems and planning tools is a strong plus.
  • Ability to build strong relationships with Finance and non-Finance business partners.
  • Ability to actively manage the execution of projects involving cross-functional stakeholders.
  • A proactive, self-starting mentality with the ability to manage multiple projects.
  • 401(k) plan with employer matching for contributions.
  • Excellent medical, dental, and vision coverage as well as mental health and well-being support.
  • Open, flexible vacation policy.
  • Paid parental leave of at least 16 weeks for birth parents and 10 weeks for new parents.
  • Quarterly budget for books and online courses for self-development.
  • Support to attend professional conferences.
  • New hire stipend for home office setup.
  • Monthly cell phone & internet stipend.
  • Access to free onsite baristas and cafe with daily lunch and breakfast.
  • Access to free onsite fitness center.
  • Access to a free commuter bus and ferry network.
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