Vice President, Finance

Flagship Pioneering•Cambridge, MA

1d•$265,000 - $330,000

About The Position

The VP of Finance at Flagship Labs will serve as a strategic finance partner to a portfolio of early-stage platform companies (pre-Series A through Series B). This individual will advise company leadership on financial strategy while overseeing the day-to-day financial operations of each portfolio company, including month-end closing, cash management, budgeting and forecasting, administrative functions, and technology oversight.

Requirements

10+ years of financial and accounting experience in the life sciences / biotechnology industry.
BS/BA in accounting or finance
Strong business acumen: proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms
Excellent project management / consultative skills with demonstrated track record and ability to manage competing priorities and stakeholders
Strong presentation skills to deliver succinctly and effectively deliver recommendations to senior leaders and frame complex concepts

Nice To Haves

Experience in a company that completed a successful IPO is a plus
MBA and/or CPA preferred

Responsibilities

Collaborate with platform company leadership teams to develop long-term strategic plans, define key milestones, and build detailed financial models and projections
Partner with Pioneering Business Unit (PBU) Leadership, Flagship Labs Leadership, Business Analytics and Pipeline & Product Innovation (P&PI) team to create value maps with potential unlocks for portfolio companies
Oversee cash flow planning in alignment with financing requirements and scientific milestones
Oversee annual budgets, rolling monthly forecasts and long-range plans for responsible portfolio companies in partnership with FP&A.
Prepare financial materials for Board of Directors meetings and other governance meetings.
Support corporate governance activities.
Oversee the Venture Debt strategy, execution, and governance across Flagship Lab, ensuring disciplined paydowns, amortization schedules, vehicle drawdowns & extensions and financials reporting.
Partner with the Flagship Facilities team to strategically optimize space allocation across portfolio companies, proactively planning for headcount growth and evolving capital requirements.
Drive high-impact projects typical of rapidly scaling biotechnology startups, including efficient system implementations, standardized processes, and operational process improvements across portfolio companies
Provide ad hoc financial reporting and strategic analysis as needed