Associate Director / Director, Commercial And Corporate Fp&A

Position Overview

CymaBay Therapeutics, Inc. is a publicly traded, clinical-stage biopharmaceutical company based in Newark, California, focused on developing therapies for liver and other chronic diseases with high unmet medical need. We are building our organization as we prepare to launch our first therapeutic, Seladelpar in the US, in anticipation of Ph3 data read out followed by successful NDA filing and regulatory approval.

The Finance function is seeking a dynamic, experienced finance professional to drive our commercial and corporate FP&A function. This person will steer all aspects of business partnership, planning, and financial performance management, and oversee the monthly financial close in partnership with the Commercial team and the Controllership function. He or She will build and manage P&L, short term and long-term revenue / pricing model, drive annual budget process for the commercial team, and be finance partner to the Chief Commercial Office and broader commercial team. In addition, this role also entails supporting efforts to stand up FP&A process and systems required to drive a successful commercial launch of Seladelpar in PBC.

The AD/Director Commercial and Corporate FP&A will report to the Head of FP&A and Treasury and the selected candidate will be an experienced, execution-focused FP&A professional who is a key pillar standing up the FPA function at CymaBay. The hired candidate will possess a reputation for delivering outstanding financial support, especially in commercial finance, along with a track record of advancing financial systems and reporting infrastructures. In summary, this high-impact role represents a rare and fantastic opportunity to help build FP&A function for a dynamic business on the cusp of commercialization. It’s also the chance to play an integral part of an organization that is serving critical, unmet needs for patients, their families, and the medical professional community.

Principal Responsibilities

• Design, build and implement processes and systems to support commercial launch, including supply chain, gross-to-net modeling, sales forecasting, P&L and cash flow management.
• Partner with commercial leaders of the business as well as their teams to ensure financial considerations are incorporated in business decisions. Deliver insightful and timely management reporting at the function, executive, and corporate levels.
• Build revenue model incorporating demand inputs, inventory, and pricing. Build and manage pricing model to support GTN accruals (in conjunction with accounting team) and forecast projections.
• Support long-range planning efforts and translate resource requirements and revenue inputs into the company’s long-range plan.
• Be a mentor to the rest of the FP&A team on both the technical and soft skills to help them continue their professional development at the pace needed for a rapidly growing company.
• Build and manage corporate P&L.
• Drive commercial and corporate FP&A support for the organization transitioning to commercial phase and prepare for near term US commercial launch.
• Help lead other critical finance projects as needed.
• Lead the annual budget process and quarterly latest estimate updates for commercial.
• Support the Head of FP&A and the CFO in developing presentations that tell the story with conclusions and recommendations in concise formats for executive management and the Board.
• Lead design and build of company’s financial planning and management reporting system; partnering closely with accounting to maintain the consistency of key attributes and working with IT to manage system enhancements.
• Design and measure key performance indicators (KPIs) related to launch to enable management to track results as well as progress against goals.

Candidate Requirements

Undergraduate degree in finance, accounting, economics, or another relevant analytic field.

• Ability to translate complex technical and difficult-to-solve problems into understandable and consumable terms for top executives and the Board.
• Strong financial and business application skills including ERP, BI tools, CRM, Excel, PowerPoint, MS Office.
• Excellent leadership and management skills with ability to build a collaborative, high performing FP&A team and gain trust and support from cross functional peers and teams.
• Excellent presentation and communication skills.
• Experience leading commercial finance team in biotechnology / pharma domain.
• Ability to build strong partnerships with all levels of management, cross-functional business partners and with corporate functions.
• Passion for using data to drive better decision making.
• Experience building financial systems and process in a small biotech company environment. Familiarity with Netsuite and FP&A planning tools is preferred.
• 10+ years of financial, business, and strategic planning experience with increasing responsibilities.
• MBA and/or CPA is a plus.
• Creative problem solver, strategic thought partner, analytical thinker, and quick learner; ability to work through ambiguity; quick study of new or complex concepts; relentlessly resourceful and diligent.

Candidates for this role must possess unquestioned character, as both ‘what’ and ‘how’ one delivers result are equally important. Key personal attributes we are looking for include...

• Interpersonally skilled – Be a strategic thought partner to the leadership team. He or she must be collaborative, personable, and able to anticipate the perspectives of all partners and quickly engender people’s confidence.
• Focused on continuous improvement – with ability to “roll up the sleeves,” and multi-task in a fast-paced, rapidly-evolving environment. He or she must be able to balance designing for the future while managing the present by problem-solving and balancing priorities across constituencies.
• Strategic mindset – with strong analytical reasoning, creativity, conceptual ability, and judgment. He or she must be able to connect the dots, grasp issues quickly and anticipate risks/consequences for a diverse set of partners.
• Storyteller – who is exceptionally skilled in written and oral communications with ability to present views in a clear, succinct, and compelling manner to all levels and functions.
• Energetic, resourceful, and hands on – with an execution-oriented mindset and dedicated to developing and delivering outstanding work.

The anticipated salary range for Associate Director level is $180,000 – 200,000 and at Director level is $210,000 - $230,000 in Newark, California. The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the job, type and length of experience within the industry, education, etc. CymaBay is a multi-state employer, and this salary range may not reflect positions that work outside of the Bay Area or in all states.

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