Director of Financial Planning & Analysis (FP&A) - Diagnostics Company
About our client:
They are a precision diagnostics company specializing in innovative, non-invasive diagnostics. They are in a dynamic growth phase, emphasizing sustainable financial discipline and strategic capital allocation.
Position Summary:
This newly created, highly impactful role reports directly to the CFO. Initially, you will focus heavily on expense management and clinical trial financial oversight, transitioning toward full P&L ownership as we move into commercialization. This pivotal role requires deep collaboration across the organization, providing robust financial insights, constructively challenging assumptions, and delivering accurate, actionable reporting for executive decision-making.
Key Responsibilities:
Strategic Financial Leadership: Lead comprehensive financial planning, budgeting, and forecasting processes.
Develop robust financial models and perform strategic analysis, especially focused on expense management, clinical trial financial oversight, and commercialization scenario planning.
Establish and refine company-wide budgeting and forecasting systems, ensuring clear and timely executive reporting, budget accountability, and strategic alignment.
Operational Excellence: Drive and manage annual budgeting and quarterly forecasting processes, ensuring accuracy, transparency, and effective presentation to leadership and board stakeholders.
Refine and optimize monthly financial operating reports, monitor performance metrics, and communicate financial insights to stakeholders.
Continuously improve FP&A processes, introducing best practices, automation, and system enhancements to increase accuracy and timeliness.
Cross-Functional Collaboration: Engage with cross-functional stakeholders, including Legal, Clinical Trial Operations, Investor Relations, and Commercial teams, to facilitate cohesive financial planning and decision-making.
Partner closely with the CFO and senior leaders to provide strategic finance support, guiding decisions on expense management, commercialization strategies, and financial scenario planning.
Collaborate closely with stakeholders across R&D, clinical operations, marketing, and IR.
Expense Management: Strong emphasis on expense management, cost control, and efficiency improvements, especially critical as clinical trials near completion.
Qualifications:
Bachelor's Degree in Finance, Accounting, or related field required; Master's in Accounting or MBA preferred.
CPA preferred, though not required.
8+ years of progressive FP&A experience, including senior-level responsibility in Pharma, Biotech, Medical Devices, or related industries highly desirable.
Demonstrated track record of building financial forecasting processes, budgeting, and financial reporting in complex, growth-oriented environments, particularly experience with clinical trial financial management.
Exceptional communication and collaboration skills, capable of clearly articulating complex financial information to senior management, cross-functional partners, and external stakeholders.
Experience in venture capital/private equity-backed companies preferred, with a strong ability to engage strategically at executive and board levels.
Advanced skills in Excel, financial modeling, and familiarity with ERP and expense management platforms (e.g., NetSuite, Concur).
Advanced degree or equivalent experience in Accounting, Finance, or related discipline essential.