Disc Medicine · 19 hours ago
Associate Director, Commercial Financial Planning and Analysis
Watertown, MA
Full-time
Hybrid
Senior Level, Lead/Staff, Director/Executive
$153K/yr - $207K/yr
10+ years expDisc Medicine is a clinical-stage biopharmaceutical company focused on developing novel treatments for hematologic diseases. The Associate Director of Commercial Financial Planning & Analysis will lead FP&A support for the Commercial organization, manage financial planning processes, and serve as a finance business partner to optimize financial performance.
BiotechnologyHealth CareMedicalPharmaceuticalTherapeutics
Responsibilities
Become Trusted Business Partner for the Commercial organization (and each specific department/function)
Focus on understanding the key drivers of business performance and their financial implications
Become financial point person for Commercial department leaders supporting prioritization efforts / trade-offs in spend when needed
Develop business insights and produce KPIs in partnership with Commercial Operations team. Recommend monthly and quarterly accruals to the Accounting team in partnership with the Commercial organization. Work closely with the Accounting team to ensure accurate and timely monthly and quarterly financial results (engage with internal stakeholders and external vendors). Lead the monthly financial analysis for the Commercial organization as a key contributor to the financial close
Lead/Support key Commercial financial related projects / initiatives (e.g. vehicle reimbursement program)
Lead the annual budgeting, quarterly reforecasts and long-range plan processes for Commercial functions and product launch leads, partnering with business stakeholders and the VP of FP&A to meet company planning deadlines
Work with internal stakeholders to create robust functional financial plans, ensuring appropriate planning and accounting for expenses are maintained. Provide relevant information and insights to make informed decisions
Work closely with Program and functional leads to gain awareness into key cost drivers
Responsible for leading monthly and quarterly variance analysis for actual and forecasted results for Commercial organization
Responsible for developing and maintaining quarterly function and program management reporting, analytical reviews, trend analysis and dashboards for the Executive Team & BoD
Responsibility for working with the VP of FP&A and other team members to implement an improved planning solution for 2025 that will be leveraged by Disc Medicine employees
Develop and deliver monthly function, department and program financial reporting packages that provide actionable insights to Commercial and Product Launch leadership teams
Build and maintain robust financial tracking that empowers budget owners to manage actively their functional spend
Review material business terms & conditions on Commercial including vendor agreements, contracts and purchase requisitions. Determine appropriate recognition of functional expenses in accordance with US GAAP and company policy
Ensure associated financial risks and opportunities, both near and longer-term are identified and periodically reviewed
Be a strategic, insightful business partner to Commercial functions and proactively develop and maintain effective relationships
Partner with Accounting to assist with monthly & quarter-end close processes for expenses and accruals, budget vs. actual analysis and compliance with internal controls
Partner with Project Launch Management to ensure key activities and drivers are aligned, within scope and appropriate timing
Promote visibility and understanding of financial topics across the organization
Ad hoc projects supporting strategic priorities, new indication planning, etc
Drive continuous improvement within the Finance organization to streamline processes, improve communication, and enhance the flow of information to the business
Qualification
Required
Bachelor's degree in Economics, Finance, Accounting, Business or related field
Track record of successes in small to mid-size biotech culture
10+ years of relevant work and FP&A experience in the biotech life sciences sector, particularly public companies
Experience providing best in class FP&A support for a growing Commercial organization
Financial experience in commercial company with revenue, cost of goods sold, and gross margin proceeds
Proven expertise in developing comprehensive commercial models, with a strong track record of applying industry best practices to optimize budgeting, forecasting, and resource allocation
Experience in Planning software systems such as Planful or Adaptive Planning
Advanced Microsoft Excel and PowerPoint skills; expertise with a variety of financial software systems (NetSuite)
Financial statement knowledge and understanding of US GAAP
Excellent communication and strong interpersonal skills
Excellent project management skills and the ability to collaborate cross-functionally
Preferred
MBA, CPA certification and/or consulting experience highly preferred
Benefits
Comprehensive benefits
Competitive compensation packages
Flexible work environment
Company
Disc Medicine
Disc Medicine is a biopharmaceutical company that develops therapies for hematologic diseases and rare blood disorders.
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.29BKey Investors
Hercules CapitalFrazier Life SciencesBain Capital Life Sciences
2025-10-21Post Ipo Secondary· $25M
2025-10-21Post Ipo Equity· $225M
2025-01-22Post Ipo Equity· $225.5M
Leadership Team
John Quisel
Chief Executive Officer
Jean Franchi
Chief Financial Officer
Recent News
Clinical Trials Arena
2026-01-20
2026-01-17
Company data provided by crunchbase