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Associate Director/Director, FP&A
San Diego HQ · Remote · FullTime · G&A
$156K – $225K
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About the role
FP&AAccountingMachine LearningIAMBusiness DevelopmentFinancial ModelingNetSuiteBudgetingProcurement
JOB SUMMARY
We are hiring an Associate Director / Director, FP&A to join the growing Finance Team at Iambic (Nasdaq: IAM), an innovative life sciences and technology company redefining drug discovery and development by applying industry-leading AI and Machine Learning technology.
Reporting to the Sr Director, FP&A & Investor Relations, you will help own our budgeting and planning process, the consolidated financial model, and the long-range plan and cash runway scenarios. This is a high-ownership role on a lean , fast-paced team. It suits someone with strong financial modeling skills and business partnering experience who wants to help build and scale the Finance organization at a growing public biotech.
This position will be based in our San Diego Headquarters, with exceptions for outstanding candidates to work remotely.
RESPONSIBILITIES
Budgeting and Planning Cycles
- Serve as a finance business partner to Group leaders across the organization, including Computational, Discovery & Experimental, Clinical, and G&A, and project leaders for our partnership programs.
- Lead our annual budgeting process supporting our Executive and Group leaders in establishing near-term Group budgets and our long-range plan across our portfolio of internal Pipeline assets, Partnership programs, and Platform initiatives.
- Collaborate with Discovery R&D and Clinical Finance to lead our quarterly reporting process by providing Group leaders with key budget vs actuals analyses and working with them to update budget templates with the latest strategic and operational assumptions.
Build and Maintain the Financial Models
- Manage the consolidated three-statement financial models supporting our goal-based planning process, resource allocation, and strategic decision-making.
- Maintain stage-based cost models tied to portfolio timelines and turn them into long-range plans across multiple scenarios.
- Create detailed analyses and executive and Board-ready materials covering our financial performance and future outlook.
- Support Business Development with program economics and deal modeling for partnerships.
Scale Public Company Operations
- Collaborate with the Accounting team on month-end close activities and financial reporting and Procurement on PO approvals and expense controls.
- Support the development of scalable, gold-standard FP&A tools, systems and processes as the company grows.
- Identify and recommend opportunities for process improvements and efficiency enhancements within the FP&A function.
Team Development
- Lead day-to-day FP&A operations, including planning and reporting timelines
- Mentor and guide a team of high-performing colleagues across the FP&A team.
QUALIFICATIONS
Required
- Bachelor’s degree in Accounting, Finance, Economics, or a related discipline preferred. Equivalent work experience will be considered; MBA and CFA a plus.
- 8+ years of professional experience in FP&A within biotech, pharma or life sciences, and/or investment banking, consulting or corporate development with a healthcare or life sciences focus.
- Demonstrated expertise building and running complex three-statement, multi-scenario financial models.
- Several years as a finance business partner in an operating company, ideally in biotech or life sciences with proven ability to collaborate with executives and department heads, including scientific leaders, on budgets, tradeoffs and resource allocation.
- Experience managing and developing finance professionals, including hiring.
- Experience leading recurring planning and reporting cycles on tight timelines, in close partnership with Accounting.
- Familiarity with drug development economics (program-level costs, development stages, partnership structures) strongly preferred.
- Public-company experience, such as earnings preparation, SEC filing support or investor materials preferred.
- Experience with Adaptive Planning (or a similar planning tool) and NetSuite (or a similar ERP) preferred.
ABOUT IAMBIC THERAPEUTICS
Iambic is a clinical-stage life-science and technology company developing novel medicines using its AI-driven discovery and development platform. Based in San Diego and founded in 2020, Iambic has assembled a world-class team that unites pioneering AI experts and experienced drug hunters. The Iambic platform has demonstrated delivery of new drug candidates to human clinical trials with unprecedented speed and across multiple target classes and mechanisms of action. Iambic is advancing a pipeline of potential best-in-class and first-in-class clinical assets, both internally and in partnership, to address urgent unmet patient need. Learn more about the Iambic team, platform, pipeline, and partnerships at iambic.ai http://iambic.ai.
MISSION & CORE VALUES
Our mission is to deliver better medicines through innovations in AI-based discovery technologies. The culture and work at Iambic Therapeutics are profoundly strengthened by the diversity of our people and our differences in background, culture, national origin, religion, sexual orientation, and life experiences. We are committed to building an inclusive environment where a diverse group of talented humans work together to discover therapeutics and create technologies.
PAY AND BENEFITS
We offer industry leading competitive pay, company paid healthcare, flexible spending accounts, voluntary life insurance, 401K matching, and uncapped vacation to our team. We are in a brand-new state-of-the art facility in beautiful San Diego with an onsite gym, dining, and easy access to great places to live and play.