Flagship Pioneering Portfolio Company, Head of Finance

Posted:
9/10/2024, 5:22:13 AM

Location(s):
Massachusetts, United States ⋅ Cambridge, Massachusetts, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Flagship Pioneering is a bioplatform innovation company that invents and builds platform companies that change the world. We bring together the greatest scientific minds with entrepreneurial company builders and assemble the capital to allow them to take courageous leaps. Those big leaps in human health and sustainability exponentially accelerate scientific progress in areas ranging from cancer detection and treatment to nature-positive agriculture.   

 What sets Flagship apart is our ability to advance biotechnology by uniting life science innovation, company creation, and capital investment under one roof in a way that is largely without precedent. Our scientific founders, entrepreneurial leaders, and professional capital managers are each aligned around an institutionalized process that enables us to innovate and transform for the benefit of people and planet. 

Many of the companies Flagship has founded have addressed humanity’s most urgent challenges: vaccinating billions of people against COVID-19, curing intractable diseases, improving human health, preempting illness, and feeding the world by improving the resiliency and sustainability of agriculture.  

Flagship has been recognized twice on FORTUNE’s “Change the World” list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies, and has been twice named to Fast Company’s annual list of the World’s Most Innovative Companies.. 

Position Summary:

We are seeking an experienced and talented, hands-on senior finance professional, and systems-thinker to take a Flagship portfolio company to the next level. The Vice President of Finance will be a key member of the management team and a strategic finance business partner.  This position will be responsible to implement policies and process to enable exponential growth of the company in addition to the day to day financial operations of the company including; month end closes, cash flow management, planning and budgeting, office administration and technology.

Key Responsibilities:

  • Partner with the leadership team to understand critical scientific and operational decisions and the related financial impact 
  • Partner with the leadership team to create a long range plan, milestones and financial projections
  • Create, maintain and track annual budgets and monthly forecasts
  • Manage cash flow vs financing needs and strategic scientific milestones
  • Board of Directors financial presentations and corporate governance
  • Oversee month end closes and reporting
  • Build finance team to support accounts payable and payroll
  • Management of lease, contracts, consulting agreements and other financial commitments
  • Continually evaluate and drive improvements across finance operations
  • Assist with specific projects and initiatives unique to a fast-growing biotechnology start-up, such as system implementations and updates and business process improvements
  • Ad-Hoc Reporting and Analysis

Minimum Qualifications:

  • 10+ years of financial and accounting experience in the life sciences / biotechnology industry. Experience leading finance for a company through a successful IPO strongly preferred.
  • BS/BA in accounting or finance; MBA and/or CPA preferred
  • 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 / leadership skills with demonstrated track record and ability to engage teams to work together towards common deadlines.
  • Strong presentation skills to deliver succinctly and effectively deliver recommendations to senior leaders; frames complex concepts

Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto.

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