Demo

Vice President / Senior Vice President, Finance

Third Arc Bio
Spring, PA Full Time
POSTED ON 3/5/2025
AVAILABLE BEFORE 5/16/2025

Company Overview :

Third Arc Bio's mission is to deliver transformational therapies for solid tumors and I&I diseases in the form of multifunctional antibodies that create immune synapses to precisely activate or inhibit T cells.

We have a world class team with a proven track record of success, which positions us well to advance the next generation of highly innovative medicines that redefine the standard-of-care.

Position Summary :

The Vice President / Senior Vice President, Finance will report directly to the CBO and will oversee all aspects associated with the financial planning and analysis for the company, including working closely with the teams, executive management, external vendors, etc. Specifically, your role will involve compiling, directing and managing all accounting and financial activities including hands-on oversight for all budgeting, forecasting, financial reporting, accounting, risk management, compliance, and strategic financial planning processes. Further, you will advise senior leadership on decisions to optimize processes, improve financials and support responsible corporate growth. You will also work closely with the CBO to evaluate potential business development opportunities, execute fundraising and adjudicate growth investments. In short, this is a highly visible role responsible for interacting with senior leadership across all functions and program and project teams to help guide the future growth of the organization.

Essential Functions :

  • This position will ensure the seamless integration of all financial disciplines, leading the monthly close, budgeting & forecasting processes, internal financial controls, the associated reporting and analysis of actual expenses and other finance requirements
  • Oversee essential operational and financial accounting and regulatory activities, including technical accounting, audit, tax, management and investor reporting, payroll, procure to pay cycle, treasury operations, company registrations, equity and insurance
  • Provide financial and operational leadership for budgeting & forecasting, and strategic planning for the R&D, clinical and G&A organizations
  • Act as a strategic financial partner and point of contact for leadership and key stakeholders across the organization, including investment and business development opportunities
  • Deliver financial presentations to senior leadership, including annual budget summaries and quarterly financial reports
  • Pro-actively engage with internal stakeholders and functional leaders to manage budgets, challenge assumptions and estimates, identify areas for improvement and / or cost savings, and ensure consistency between departmental financial plans, corporate goals, and program / project timelines
  • Manage key internal processes to ensure accuracy and transparency across the finance organization
  • Build and manage models for problem solving and business forecasting
  • Implement continuous enhancements in support of a quickly growing organization, including standardized reporting, process improvement, and benchmarking analysis
  • Perform ad-hoc analysis and assist with special projects, as required.

Preferred Experience :

  • Bachelor’s degree in finance, Accounting, Economics, or Business; master’s level degrees (e.g., MBA) or professional distinctions (e.g., CPA, CFA) preferred
  • Minimum of 10-15 years of experience in finance, ideally with direct experience in biotechnology or the life science industry and with at least 4-6 years of experience in a leadership or managerial capacity
  • Experience with private and public financing, IPO experience preferred
  • Detail oriented, solution driven with excellent written and verbal communication analytical, and presentation skills
  • Strong business acumen; proven ability to effectively scrutinize and challenge assumptions and interpret the strategy and priorities of the organization in financial terms
  • Advanced knowledge of Microsoft Office products (Excel and PowerPoint) is required; experience in QuickBooks, Bill.com preferred
  • Working knowledge of CARTA (especially as it relates to Equity Management)
  • Excellent written and verbal communication skills; effective at communicating across all levels in the organization
  • Strong organizational skills to meet tight deadlines
  • Enjoys a challenging, fast-paced environment
  • Strong interpersonal skills; effective on teams as well as individually
  • Results driven; adaptable, flexible and creative in developing new improvement ideas and solutions
  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity / expression, national origin, disability, medical condition, age, marital status, status as a protected veteran, or any other legally protected characteristic.

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