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Director of Finance

Finance & Administration | Research Triangle Park, NC | Full Time

Job Description

About Us:

Humacyte's mission is to become the leading company in novel, off-the-shelf extracellular matrix tissue products, and especially those that could provide lifesaving improvements in treatments for vascular conditions.

Humacyte, Inc., a biotechnology pioneer, discovers, develops and delivers innovative, award winning human biotherapies.  We are currently developing multiple vascular tissue engineered therapies and expanding our business model.  With a broad pipeline of potential new therapy applications, we continue to build our organization and scientific teams.

Responsibilities:

  • Own the Company financial model, including forecasting, budgeting and long- range planning; define rolling quarterly and annual financial forecasting and planning processes / requirements and manage the planning process.

  • Prepare, compile, analyze and communicate information for financial reporting and analysis, including monthly results package for Company operating reviews; improve performance across the Business Units by identifying and assessing areas where the Company can drive productivity and efficiency.

  • Play a key role in supporting decision-making that aligns activities with goals and objectives of each functional area, ensuring overall consistency with the Business Unit’s goals and objectives.

  • Support business performance through proactive identification of sound expense management, applicable cost reduction, cost avoidance, asset utilization and other opportunities.

  • Lead the near-term and long-term financial planning process, partnering with Business Units to develop financial plans to execute against company priorities.

  • Partner with CFO, Manufacturing, Clinical and Process Development teams / leaders, as required, to assist in business case development, financial modeling and financial analysis.

  • Lead, guide and advise Business Unit teams on monthly, annual operating forecasts and budgets. Check against Purchase Requisition workflow.

  • Monitor, analyze and interpret financial results and assist management and colleagues in understanding financial matters for their areas of responsibility.

  • Lead preparing PPT presentation and underlying analysis for quarterly Audit and Board of Directors meetings, as well as any ad hoc meetings, as required.

  • Analyze detailed financial information along with current and past trends in key performance indicators to provide accurate and timely financial and operational recommendations for decision making purposes.

  • Partner with Business Units to support strategy and business decision-making. Work cross functionally to ensure accurate reporting on all financial metrics and key performance indicators, develop insights and understanding of variances.

  • Lead any potential future SEC reporting. Work closely with the Corporate Controller to ensure all accounting and MD&A requirements are incorporated therein.

  • Interpret and analyze current and past trends in key performance indicators, including areas of COGS, inventory, operating expenses and Capex identify areas of opportunities and risks and to provide recommendations.

  • Enhance and / or develop, implement and enforce policies and procedures of the Company that will improve the overall operation and effectiveness of the organization.

  • Perform ad hoc requests and intercompany analytical projects for senior management, with financial modeling, data mining and presentation support.

Requirements:

  • Oversee and manage the continued development of Budgeting, Financial Forecasting, Operating Plans and Modeling tools

  • Bachelor’s degree in Accounting or Finance (CPA and/or MBA preferred)

  • Minimum 10 years of experience in Accounting or FP&A, preferably with public and private company experience in the Biotech/pharmaceutical field

  • Experienced with Great Plains (preferred), or similar accounting system

Bonus Points:

  • Must have a strong desire to learn about the scientific processes the BU’s are undertaking in order to be a proactive partner
  • Demonstrated ability to convey financial performance to audiences at different levels in the organization
  • Assess ongoing FP&A processes and tools for continuous improvement and automation opportunities

Perks:

  • Stock Options
  • 401k Plan with Matching
  • Medical, Vision and Dental Plans
  • Long Term/Short Term Disability
  • Life Insurance
  • 3 Weeks’ Vacation
  • 5 Personal Floating Days
  • 8 Sick Days
  • 6 Company Holidays
  • Career Development and Training