Manager of Financial Planning & Analysis

Company Overview

Salubris Biotherapeutics, Inc. (“SalubrisBio”) is a science-driven biotechnology company dedicated to the discovery and global development of novel antibody therapeutics for the treatment of cancer, cardiovascular and metabolic diseases. We strive to develop novel therapeutic molecules that provide clinically meaningful improvements in disease burden and quality of life to patients with significant medical needs.

Role Summary

We seek a highly motivated Manager of Financial Planning and Analysis who will manage and oversee the financial planning and analysis function. The role requires a strong cross-functional collaborator with a solid record of contributions leading to improved financial performance and enhanced internal controls, responsibility for accruals, and forecast modeling. The role reports directly to the CEO.

Location: Residence within commuting distance of our Boston or MD offices is highly preferred. Remote, United States is a possibility

Responsibilities

General responsibilities

·      Develop and implement FP&A best practices, procedures, and processes to drive best-in-class forecasting & planning, and business insight and analysis.

·      Collaborate with the CEO to develop the financial forecast and strategy, ensuring long-term planning aligns with the company's strategic goals.

·      Collaborate with cross-functional teams to gather necessary information for accurate accrual calculations

·      Prepare monthly accrual schedules and record accruals for the company’s various expenses

·      Perform detailed reconciliation of accrual accounts

·      Provide the CEO with accurate and timely financial and accrual reports to support financial sustainability

·      Conduct data-intensive analysis and due diligence that provide the CEO with timely insights into trends and operational results.

·      Under the direction of the CEO, review and administer vendor contracts following organizational and departmental policies and procedures.

·      Continuously evaluate workflows and systems to strengthen financial discipline and implement cost-saving initiatives.

·      Oversee accounts payable, ensure quantities invoiced match receiving reports, and maintain accounts payable files

FP&A Clinical Trial Responsibilities

·      Develop, monitor, and manage budgets for clinical trials, including preparation of accruals and tracking expenses to ensure alignment with project timelines and goals.

·      Support the monthly close process by calculating accruals and prepaid entries for clinical trials.

·      Maintain detailed records of all clinical trial-related expenses

·      Prepare and analyze monthly, quarterly, and annual financial reports on clinical trials and provide insights to senior management

·      Oversee financial aspects of contracts with CROs, vendors, and other external partners, ensuring timely and accurate payment needs

·      Ensure compliance with all relevant financial regulations, guidelines, and company policies throughout the clinical trial process

·      Assist in audits by providing financial documentation and explanations related to clinical trial expenses

·      Identify opportunities for improving financial processes related to clinical trials and implement best practices to enhance efficiency and accuracy

·      Work closely with clinical operations to ensure seamless coordination and communication regarding financial matters of clinical trials

Qualifications

·      Bachelor’s degree in finance or related field. Master’s or MBA preferred

·      5 years of experience in FP&A, Corporate Finance and Accounting

·      Experience using Prendio and Expensify preferred

·      Expertise in financial accruals, forecasting, and analysis in the Pharmaceutical or Biotech industry preferred

·      Experience in late-stage and early-stage financial modeling and reporting

·      Highly analytical and can easily transition between planning and completing hands-on tasks

·      Ability to thrive in a dynamic environment and be motivated by the challenge of a fast-paced environment

·      Experience in driving continuous improvement within the financial planning analysis function

·      Outstanding written, oral, and presentation skills and can communicate complex financial matters to executive audiences

·      Expert Excel skills; extensive experience analyzing large data sets