MacroGenics is a leader in the discovery and development of innovative medicines that utilize our next generation antibody-based technologies. Our team of 300+ dedicated individuals is advancing a pipeline of product candidates to treat patients with cancer as well as various autoimmune disorders and infectious diseases. Our products and platforms have attracted multiple partnerships with leading pharmaceutical companies around the globe.
The Company considers its employees to be its most valuable asset and we are committed to providing opportunities for individuals to learn and grow as a means to further their professional development. MacroGenics' corporate culture promotes an atmosphere of innovation, open communication and teamwork where employees can see firsthand how they contribute to the success of the organization.
Summary of Position
The Sr. Financial Analyst/FP&A Manager will play a key role in assisting with the planning, organizing and the successful execution of all aspects of the annual budget and quarterly forecast of the consolidated three-year operating plan. Incumbent partners proactively with department heads to deliver actionable, meaningful, accurate and timely reporting, analysis, insights and plans.
Responsibilities and Job Duties
Provides meaningful forward-looking direction to the business. Develops key scenarios and identify risks and uncertainties and works with management to develop potential mitigation plans.
Provides accurate and timely reporting and investigates variances between actual and budgeted spending and works cross-functionally with Clinical Research departments to gather budget inputs and communicate performance against the budget. Provides analytical support to department heads, and conduct "what if" scenario planning. Develops approaches and solutions to varying challenging financial situations.
Contributes to the annual budget and quarterly forecast processes in collaboration with client groups and budget owners to understand key drivers of spend trends to determine changes to the forecast. Prepares multi-year financial forecasts based on historical data and future trends. Prepares explanations of significant changes to the forecast as well as highlighting key risks and opportunities. Inputs data into accounting systems and reconciles output. Analyzes actual to budget/forecast and provide in-depth analysis to client groups and management.
Maintains, updates, and reconciles the Financial budget system to ensure accurate Budgets and Forecasts are reported.
Assists with managing project financials and communicate actual vs. budget variances to project managers to determine if there are re-forecasting needs. Champions reforecast process providing effective guidance to ensure better expense management.
Performs various ad hoc financial analyses for management based on business need and assists with requested deep-dive projects such as benchmarking, process review, etc. Identifies the most effective and efficient mechanisms for gathering respective information and data and determine best approach for communicating outcomes.
Maintains monthly financial metrics reflecting key performance indicators and assess performance against metrics. Provide recommendations for successfully achieving metrics. Communicates progress against metrics.
Works closely with various departments to review, streamline, enhance financial reporting tools that will provide accurate and timely data that can be used for making business decisions
Maintains various data points to provide timely, accurate information on departmental and project-based activity, including various expense and project cost analysis.
Supports the upgrade and automation of financial systems including the training and education of client groups
Assumes other responsibilities and performs other tasks as assigned
B.S. degree in Finance or Accounting
Sr. Financial Analyst
A minimum of five years of experience in accounting and finance
A minimum of two years of experience as a Financial Analyst
Prior experience as a Financial Analyst with broad responsibilities supporting a Clinical Research function in the biotech/pharmaceutical industry or CRO environment
Knowledge, Skills and Abilities
Solid understanding of financial statements, financial analyses and forecasts, budgeting processes, and cost accounting
Excellent Excel and MS Office skills
Ability to work collaboratively within a group as well as independently
Demonstrated ability to balance speed with quality
Highly motivated and analytical individual with a desire for accuracy and efficiency
Strong critical thinking and problem solving skills
Outstanding organizational skills to ensure one can thrive in a fast-paced environment
Ability to be agile and nimble and reprioritize as workload and needs demand
Strong written and verbal communications skills and understands the critical need for relationship building
Process improvement capabilities
MBA and/or CPA
MacroGenics is proud to be an equal opportunity employer. Employment selection and related decisions are made without regard to race, color, national origin, sex, gender identity, sexual orientation, religion, age, disability, protected veteran status, or any other characteristic protected by federal, state or local law. We are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email firstname.lastname@example.org or call (301) 354-3566 and/or 711 for TTD/TTY service.
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