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Senior Manager, FP&A

Avidity Biosciences

Avidity Biosciences

San Diego, CA, USA
Posted on Friday, June 28, 2024

Description


Job Title:

Senior Manager, FP&A

Location:

San Diego, CA

Position type:

FLSA:

Full time

Exempt

Department:

Finance


Strive to Bring a Profound Difference to our Patients

At Avidity Biosciences, we are passionate about the impact of every employee in realizing our vision of improving people’s lives by delivering a new class of RNA therapeutics. Avidity is revolutionizing the field of RNA with its proprietary AOCs, which are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. If you are a committed, solution-oriented thinker, join us in making a difference and become part of our growing culture that is integrated, collaborative, agile and focused on the needs of patients.

Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics - Antibody Oligonucleotide Conjugates (AOCs™). Utilizing its proprietary AOC platform, Avidity demonstrated the first-ever successful targeted delivery of RNA into muscle and is leading the field with clinical development programs for three rare muscle diseases: myotonic dystrophy type 1 (DM1), Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Avidity is broadening the reach of AOCs with its advancing and expanding pipeline, including programs in cardiology and immunology through internal discovery efforts and key partnerships. Avidity is headquartered in San Diego, CA. For more information about our AOC platform, clinical development pipeline, and people, please visit www.aviditybiosciences.com and engage with us on LinkedIn and Twitter.

The Opportunity

Avidity Biosciences is looking for an experienced FP&A leader who is proactive and a self-starter with advanced technical and communication skills.

Reporting to the Vice President of FP&A, the role will provide strategic thinking and leadership to the business. The role will support Commercial and R&D budget, forecast, close, and long-range plan processes along with oversight of capital expenditures, resource allocation, options to maintain fiscal responsibility, cash burn and investment management strategy.

What You Will Contribute

  • Work alongside Commercial and R&D functions to evaluate the financial implication of strategic choices and develop business cases for key investments.
  • Author and deliver financial narratives and supporting analytics to support senior decision making on a regular and ad hoc basis.
  • Support the management of key financial processes such as close, forecasting, budgeting, and KPI reporting.
  • Evaluate spend drivers and provide insights into Risk & Opportunities.
  • Build trusting relationships with business partners and collaborate with the leadership team to analyze risks and opportunities for the company.
  • Participate in contract discussions with suppliers and drive rate negotiations.
  • Design and implement FP&A processes, adding structure to a growing FP&A function and inviting cross-organizational input.
  • Collaborate with business leadership across the organization to develop KPIs and methodologies for tracking the individual performance of each business function.
  • Deliver regular and timely financial analysis, insights and relevant commentary to the finance leadership team, executive leadership team and board.
  • Lead improvements in automation of FP&A forecasting and business intelligence processes.
  • Monitor expenses against budget and identify opportunities for investment optimization.
  • Identify and lead projects to streamline financial close, forecast, and business case evaluation processes.
  • Provide support in fundraising activities including facilitating investor due diligence and making recommendations for the terms that optimize both the investor and the company's position.

What We Seek

5+ years of progressive finance experience – life science/pharmaceutical experience preferred.

High proficiency in Excel and Power Point.

The successful candidate will have a proven track record and be able to work in a fast-paced and dynamic environment.

Strong analytical skills with the ability to support a growing business.

Ability to work cross-functionally, with a variety of internal and external stakeholders.

Ability to work independently with minimal supervision on individual assignments, with the ability to prioritize activities efficiently.

The ability to provide the senior executives with the necessary financial and modeling information to make effective decisions.

A track record of outstanding financial management skills including accounting, financial reporting, and controls.

What We will Provide to You:

  • The base salary range for this role is $148,000 - $163,000. The final compensation will be commensurate with such factors as relevant experience, skillset, internal equity and market factors.
  • Avidity offers competitive compensation and benefits which includes the opportunity for annual and spot bonuses, stock options and RSUs, as well as a 401(k) with an employer match. In addition, the comprehensive wellness program includes coverage for medical, dental, vision, and LTD, and four weeks of time off.
  • A commitment to learning and development which includes a variety of programming internally developed by and for Avidity employees, opportunities for job-specific training offered by industry, and an education reimbursement program.

Avidity Biosciences

10578 Science Center Dr. Suite 125

San Diego, CA

92121

O: 858-401-7900

F: 858-401-7901