What are the responsibilities and job description for the Director, Program Finance Lead-2 position at Crinetics Pharmaceuticals, Inc.?
Position Summary:
The Director, Program Finance Lead oversees the financial planning and analysis responsibilities for Crinetics advanced development and commercial programs, supporting the global program leaders with strategy, budget and forecasts, financial modeling and life-cycle management to provide strategic insights and support decision-making by analyzing data, identifying trends, and collaborating with cross-functional teams to ensure alignment with business objectives; acting as a bridge between finance and global product teams to achieve the strategic goals of the company through data-driven analysis.
Essential Job Functions and Responsibilities:
These may include but are not limited to:
- Partner with Global Program Leadership teams, acting as a strategic advisor related to financial planning and analysis, analytics, insight generation, and program strategy
- Develop new, bespoke business processes that align key stakeholders on financial targets, integrate data to monitor progress, and report results to influence the continuous growth of the business
- Collaborate across R&D, Commercial, Portfolio Strategy, and FP&A teams to advance the company’s portfolio growth strategies.
- Lead all key program financial processes including the annual budget, quarterly forecast updates, long range strategic plan, month-end variance reporting, program and portfolio committee and other recurring management reporting cadences.
- Utilize internal and external benchmarking to assess reasonableness of program design proposals to maximize overall value and cash runway.
- Evaluate financial impact of program scope and timeline changes and present findings to program leadership for improved decision making.
- Develop and maintain financial tracking tools to evaluate accuracy of approved program investments to final contracts and spend commitments.
- Provide thorough critical thinking support while meeting deadlines, and support process improvement
- Demonstrate excellent presentation skills evidenced by the ability to communicate financial information in a clear, concise manner that fosters understanding and action by senior members of the business.
- Act as a subject matter expert, in tandem with the FP&A functional support partners, to interpret and vet program P&L guidance in support of the development of long-term OPEX and Commercial strategies.
- Perform ad-hoc financial analyses and modeling as required.
- Embody cross-functional involvement and continuous process improvement values.
- Other duties as assigned.
Education and Experience:
Required:
- Bachelor’s degree in Finance or Economics.
- 12 years of finance experience in a matrixed biotech organization with direct financial management oversight.
- NPV, ROI, and DCF analysis on strategic investment opportunities.
- Possess strong and persuasive communication skills which is essential to building credibility within a dynamic, challenging environment and in the context of providing outstanding business partner support.
- Desire to formulate and drive process improvements, challenging the status quo.
- Demonstrated focus on being able to translate data and metrics into predictable, value-add business insight.
- Professional maturity and communication style to interact directly with leadership across functions.
- Strong results orientation, bias for action.
- Experience with FP&A Planning systems.
- Advanced Microsoft Excel skillset.
Preferred:
- MBA Highly Preferred
- Direct experience working with Workday Adaptive Financial Planning Preferred
Physical Demands and Work Environment:
Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.
Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply.
Travel:
You may be required to travel for up to 5% of your time.
Equal Opportunity Employer:
Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.
Vaccination requirement:
Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. “Full vaccination” is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.
Total Compensation:
In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.
The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process.
Salary Range
The salary range for this position is: $188,000 - $235,000.Salary : $188,000 - $235,000