New ABFO Member Company Open Job Posting, Sr. Manager, Partnership Finance, Arcus Biosciences


Hiring Manager: VP, Strategic Finance
Location: Hayward/Brisbane/Remote
Department: Finance

About us:

Arcus Biosciences is an exciting growth company founded on the vision of creating best-in-class cancer therapies. We are an oncology-focused biopharmaceutical company leveraging its deep cross-discipline expertise to discover highly differentiated therapies and develop a broad portfolio of novel combinations addressing significant unmet needs.

We are located in the San Francisco bay area, in the heart of the world’s largest biotechnology research hub. Arcus Biosciences offers a competitive compensation and benefits package, including aggressive participation in the growth of the company in the form of stock option grants. Arcus is an ambitious undertaking, and we fully expect our company to become a force in the discovery, development and commercialization of novel therapies for the treatment of cancer. Our employees enjoy operating in an exceptionally dynamic and cooperative environment in which the “rule book” has not yet been written.

Job Summary:

This position, reporting to the VP, Strategic Finance, will be responsible for supporting the finance and accounting needs pertaining to the company’s various R&D collaborations and partnerships. Responsibilities will include serving as a contributing member of collaboration committees, providing support for accurate budgeting and forecasting of collaboration activities, supporting accounting and billing in accordance with the terms of our collaboration agreements, serving as the primary finance contact with our collaboration partners, coordination of reporting and other finance activities pursuant to the terms of our collaboration agreements, partnering with the internal accounting team to ensure appropriate GAAP recording and reporting of collaboration financial results, preparing and presenting internal financial reports to support management decision-making, ensuring appropriate systems and processes are in place to support collaboration business needs, spending review and analysis, monitoring of compliance with financial terms of collaboration agreements, and other duties as required. This will be an individual contributor role with opportunities for growth.

Job Responsibilities:

  • Work closely with collaboration teams and internal FP&A to effectively budget and forecast operating costs and capital expenditures
  • Coordinate and prepare collaboration partner invoices and financial reports in accordance with terms of collaboration agreements
  • Work closely with the accounting team to ensure collaboration expenses and reimbursements are properly recorded and receivables are collected
  • Serve as primary point of contact between Arcus Finance and respective collaboration partner finance teams
  • Monitor progress toward collaboration milestones and any associated milestone payments/accruals
  • Ensure that Arcus and collaboration partners remain in compliance with financial terms of our collaboration agreements
  • Work closely with the FP&A team to monitor and analyze collaboration financial results vs. plan and effectively communicate information and conclusions
  • Prepare and present regular financial updates to collaboration committees and finance leadership
  • Assess internal system needs and participate in system implementations
  • Perform ad hoc analysis and financial reporting to support management decision-making

Qualifications (including knowledge & skills):

The ideal candidate will be highly motivated, driven and possess excellent communication skills. The ideal candidate will have demonstrated experience working in the biotechnology industry with a working knowledge of R&D collaborations and clinical development. The candidate should have a strong track record of working in a dynamic environment with competing priorities. This candidate should have prior experience in accounting and will have experience working in a business support role. Prior experience in budgeting is required. The ideal candidate will have the ability to effectively communicate at all levels of an organization. A minimum 6+ years of experience in a corporate finance/accounting support role is required. This candidate should pay close attention to details and will have excellent organizational skills.

Association of Bioscience Financial Officers

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