Senior Director of Finance

This is a fully remote position, open to applicants in United States.

📋 Description

• Take charge of Brainchild Bio's daily financial operations and act as the main finance partner for R&D, product operations, clinical, and business operations leaders.

• Report directly to the CFO and engage with the entire executive team.

• Enhance and establish processes, systems, and controls that can scale from Series A to later-stage financing and prepare for public company readiness.

• Lead the annual budgeting, forecasting, and long-range operational planning across all business functions.

• Evaluate department investments across headcount, OPEX, and CAPEX while ensuring visibility into cash runway and financial objectives.

• Prepare reporting packages for the board and investors, including KPIs and management dashboards.

• Assist with financing and business development initiatives, including due diligence, data room management, and reporting for grants or non-dilutive funding.

• Collaborate with leaders in R&D, CMC, product operations, clinical, and G&A.

• Provide quarterly analyses comparing budget/forecast versus actuals, along with insights into trends and variances.

• Model expenses for programs, clinical trial budgets, and headcount plans.

• Review significant contracts with CROs, CDMOs, licensing agreements, and facilities for their financial terms and business impact.

• Oversee accounting operations, financial close processes, procure-to-pay, payroll, financial reporting, and equity management in compliance with U.S. GAAP.

• Manage cash, treasury, and banking relationships; generate rolling cash and runway forecasts.

• Supervise R&D and clinical trial accruals.

• Develop and document internal controls with a plan for SOX readiness.

• Coordinate 409A valuations, tax compliance, corporate insurance programs, and upcoming external audits.

• Build, lead, and cultivate a streamlined finance and accounting team.

• Own the finance technology stack and its integrations with HRIS and payroll systems.

• Establish and enhance finance policies, processes, and spending controls.

⛳️ Requirements

• Bachelor's degree in accounting, finance, or a related discipline.

• Over 12 years of progressive experience in accounting and finance, including a minimum of 4 years in a senior leadership position.

• Experience in venture-backed biotech or life sciences, particularly in clinical trial accruals and R&D cost accounting.

• Strong understanding of US GAAP, close management, and internal controls.

• Demonstrated success in business partnering, including budgets, forecasts, and variance analysis for leadership.

• Practical experience with ERP and spending tools, along with advanced Excel modeling skills.

• Experience overseeing audits and managing external advisors.

• CPA certification (active or inactive) is preferred.

• Familiarity with scaling finance through Series A/B+ financing or preparing for IPO is preferred.

• Experience with grant accounting, licensing agreements, or the structures of CDMO/CRO contracts is preferred.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Opportunities for professional development and career growth.

• Flexible work arrangements and a supportive company culture.