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Controller

Flagship Pioneering is seeking a skilled Controller to join Pioneering Medicines, focusing on developing life-changing treatments. The perfect candidate will manage accounting functions and drive financial compliance.

Skills

  • Financial analysis
  • Budget management
  • Presentation skills
  • Collaboration
  • Compliance

Responsibilities

  • Ensure compliance with US GAAP and IFRS through month-end close processes
  • Develop and manage financial reporting standards
  • Collaborate with functional leaders on Annual Budget and forecasts
  • Provide variance analysis for budget management
  • Prepare presentations and financial analyses for leadership
  • Manage compliance activities with external consultants
  • Oversee cash flow, budgeting, forecasting, and reporting
  • Support accounting for mergers and acquisitions
  • Manage annual financial audits
  • Assist with projects unique to fast-growing biotech

Education

  • BS/BA in accounting or finance
  • MBA preferred
  • CPA preferred

Benefits

  • Flexible work environment
  • Health and wellness programs
  • Professional development opportunities
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Controller, Flagship Pioneering, Inc.

Join Pioneering Medicines as their next Controller, located in the vibrant city of Cambridge, Massachusetts! At Pioneering Medicines, a division of Flagship Pioneering, we are on a mission to redefine how life-changing treatments are developed. As a key member of our finance team, you’ll engage in exciting responsibilities that encompass everything from managing budgets to conducting variance analysis on financial forecasts. You'll work closely with the Director of Finance, contributing to the financial backbone of innovative health solutions. Your expertise in accounting, compliance, and financial reporting will play a crucial role in ensuring our investments align with our goals. We pride ourselves on fostering a dynamic and collaborative environment where your insight and strong business acumen can shine. With responsibilities that include month-end closes, annual budgeting, and complex financial transactions, you’ll keep our projects on track while supporting our scientists and leadership in making informed decisions. We’re looking for someone who has over 5 years of accounting experience, preferably in the life sciences arena, and possesses a BS/BA in accounting or finance. If you’re flexible, detail-oriented, and comfortable in a fast-paced environment, we invite you to explore this incredible opportunity where you can truly make a difference in the biotech industry!

Frequently Asked Questions (FAQs) for Controller Role at Flagship Pioneering, Inc.
What are the key responsibilities of a Controller at Pioneering Medicines?

As a Controller at Pioneering Medicines, key responsibilities include overseeing the month-end and quarter-end close processes, ensuring compliance with US GAAP, and preparing financial reports for various stakeholders. You will also collaborate with other departments to develop the annual budget, manage cash flow, and offer detailed variance analyses to help budget owners maintain fiscal health.

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What qualifications are required to become a Controller at Pioneering Medicines?

To qualify for the Controller position at Pioneering Medicines, candidates should have a BS/BA in accounting or finance, with a preference for those holding CPA credentials. A minimum of 5 years of relevant accounting experience, ideally within the life sciences or biotechnology sectors, is also required. Experience with IFRS and large financial reporting is a plus!

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How does the Controller at Pioneering Medicines support financial decision-making?

The Controller at Pioneering Medicines plays a vital role in supporting financial decision-making by preparing variance analyses of actuals versus budgets, facilitating compliance with various financial regulations, and collaborating with cross-functional teams to develop actionable budgets and forecasts. This ensures well-informed choices are made to drive our innovative projects forward.

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What software skills are beneficial for the Controller role at Pioneering Medicines?

For the Controller role at Pioneering Medicines, familiarity with NetSuite and Prendio is advantageous, as these tools streamline financial processes. Strong Excel skills for financial modeling and reporting, along with the ability to adapt to new technologies, are also essential for success in this fast-paced role.

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What makes the Controller position at Pioneering Medicines unique?

The Controller position at Pioneering Medicines is unique due to its embeddedness in a company that prioritizes developing groundbreaking biopharmaceutical treatments. You'll have the chance to work on intellectually stimulating projects that directly impact patient care while collaborating with experts in the field, providing not just a job, but a career that makes a real difference.

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Common Interview Questions for Controller
Can you describe your experience with month-end close processes?

When answering this question, highlight specific methodologies you’ve used to ensure accuracy in month-end closes. Discuss any software tools you’ve utilized and how you collaborated with other departments to streamline the process, showcasing your ability to meet deadlines and maintain compliance.

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How do you handle discrepancies in financial reporting?

To respond, elaborate on your analytical skills and detail-oriented mindset. Explain a systematic approach to identify, investigate, and resolve discrepancies, emphasizing your ability to communicate findings and collaborate with peers for solutions.

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What steps do you take to prepare for an annual budget?

Discuss your experience in gathering data, forecasting based on historical trends, and engaging with department heads to align the budget with company goals. Emphasize your method for maintaining flexibility in the budget to accommodate changing business needs.

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How do you prioritize tasks in a fast-paced work environment?

In your response, explain your time management techniques, such as creating to-do lists or using project management tools. Highlight your ability to adapt to shifting priorities while still meeting deadlines effectively.

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Can you provide an example of a complex accounting transaction you have managed?

Share a specific scenario where you navigated a complex transaction, such as a merger or acquisition. Discuss the steps you took to ensure proper accounting treatment and how you coordinated with stakeholders to achieve successful outcomes.

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What experience do you have with compliance regulations?

Speak to your familiarity with US GAAP and IFRS, detailing any work you’ve done in ensuring compliance at previous jobs. Offer examples of how you’ve dealt with audits and partnerships requiring regulatory understanding.

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How would you explain complex financial information to non-financial stakeholders?

Demonstrate your ability to distill complex information into clear, straightforward language. Provide an example of how you’ve successfully communicated financial data to someone outside of finance, emphasizing your adaptability in communication styles.

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What role does variance analysis play in your accounting practices?

Elaborate on how variance analysis helps in identifying trends or issues in budget management. Share experiences where your insights led to improvements in financial strategies or solutions to correct budgetary challenges.

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How do you manage and develop financial reports for leadership?

Discuss your process for compiling reports tailored to leadership needs, including the types of metrics you track. Explain how you gather inputs from various departments and ensure that your reports provide insight for informed decision-making.

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What strategies do you employ to motivate your team?

When answering, highlight specific strategies such as setting clear goals, providing continuous feedback, and fostering a supportive environment. Mention how you recognize team members' contributions and encourage their professional growth.

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$80,000/yr - $120,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 3, 2025

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