Senior Director, Financial Planning & Analysis

Job Summary

The Senior Director of Financial Planning & Analysis will report to the interim Principal Financial Officer and lead Keros’ financial planning and analysis function. The candidate will be a trusted business advisor to leadership and a proactive partner to the business to ensure that our operational goals are tightly aligned with our financial plans.  Furthermore, the candidate will track and manage our financial trajectory and proactively recommend actions to continuously improve financial performance.

Primary Responsibilities

Financial Planning & Analysis

• Partner with financial and program leadership to compile and analyze financial plans and ensure those plans are linked to our underlying functional, program, and corporate goals
• Lead Keros’ annual budgeting and quarterly forecasting processes
• Lead monthly budget-to-actual variances and trending analysis
• Prepare management commentary on operational results comparing budgets, forecasts, and actual spend
• Proactively recommend actions to ensure actual spend continues to align with financial targets
• Prepare regular summaries of financial results to functional and program management
• Educate client groups on all aspects of financial policies to ensure full compliance
• Ensure functional and program visibility and ownership of Keros’ financial plans
• Lead the selection and implementation of a corporate planning tool that would be complement to Keros’ ERP system

Strategic Planning & Analysis

• Develop Keros’ long range financial plan by working with leadership to define future operational and translate those plans into financial projections
• Maintain Keros’ “corporate model” to quantify various investments scenarios to proactively compute our cash runway, identify value inflections points and opportunities to gate spend, and assess future financing needs. Present findings to senior management
• Represent Finance on multiple program teams. Provide visibility to each program’s financial plan, performance versus that plan, as well as levers to ensure financial targets are met.  Provide ad-hoc financial and/or business case analyses, as needed
• Assist in the development of Key Performance Indicators to be monitored by management
• Provide financial support to business development activities particularly with respect to financial modeling, term sheet negotiation, and contracting
• Partner with the CFO by supporting ad-hoc initiatives such as assessing pipeline valuation and future value creation
• Assist in preparing clear and concise presentations for the Executive Committee and the Board of Directors

Core Competencies (Required Skills)

• Collaborative work style in a hands-on, team-oriented environment
• Strategic thinker who can champion change and effectively manage all aspects of our financial planning activities
• Ability to navigate between strategic thinking and tactical execution 
• High level of comfort working with and influencing all levels within the organization
• Excellent interpersonal and communication skills 
• A high degree of personal initiative
• Superior organizational, planning, and project management skills
• Strong ERP system and Excel skills
• Detail-oriented, organized, and effective written and verbal communication required

Preferred Skills

• 7-10+ years of progressive finance experience in a biopharmaceutical or biotechnology organization
• Strong background in clinical-stage biotechnology, featuring deep technical familiarity with CRO/CMO contract structures, complex clinical accruals and R&D pipeline
• Strong analytical skills with demonstrated business impact in previous leadership roles
• Expertise using Excel and PowerPoint
• Familiarity with financial planning systems selection and implementation

Education Requirements

• Bachelor’s degree in Finance or Accounting required
• MBA required