Senior Director/VP, Finance

Senior Director/VP, Finance

Title:                       Senior Director/VP, Finance
Department:                Finance
Reports To:                  COO
Location:                    Cambridge, MA
The Company:

Rheos Medicines is a biopharmaceutical company discovering and developing novel medicines that target immune cell metabolism to treat patients with a broad range of severe diseases, including those with autoimmune disease and cancer. We are rapidly advancing a first-infield approach in immunometabolism by applying a comprehensive, systems-biology understanding of the metabolic pathways that drive immune cell function. Launched in2018 by Third Rock Ventures, Rheos is built on groundbreaking science and currently has a team of more than 30 employees advancing our pipeline of immunometabolism drugs.

The Role
The Senior Director/VP, Finance will develop, lead and manage the accounting/finance operations.   You will lead all aspects of Rheos’s accounting operations including general ledger, SEC reporting, SOX compliance, tax statutory reporting, accounts receivable, accounts payable, payroll, fixed assets, revenue recognition and the external audit process.

Major Responsibilities

  • Lead the accounting operations of the company including implementing and maintaining an adequate, scalable system of accounting records/policies and a comprehensive set of controls designed to mitigate risk and enhance the accuracy of the company’s reported financial results
  • Ensure that the company’s accounting procedures and reported results confirm to generally accepted accounting principles (GAAP)
  • Own all aspects of the general ledger including accurate and timely preparation of financial documents
  • Prepare monthly, quarterly and year-end financial statements and forecasts
  • Prepare monthly reconciliations of all balance sheet accounts
  • Manage the payroll and accounts payable processes (includes overseeing purchasing process)
  • Interface with financial institutions and external accounting firm
  • Oversee the annual independent valuation and year end independent financial statement audit
  • Support the possibility of an IPO, including support of the S-1 process.
  • Prepare the company for external reporting in compliance with SEC regulations including the timely filing of Form 10-K’s, Form 10-Q’s, and proxy requirements. You can also expect to handle SOX compliance, working to strengthen internal controls and ensure the control environment is operating effectively

Financial Planning & Analysis

  • Work with the leadership team as a key contributor on the Company’s strategic plan and ongoing business strategy
  • Support all planning, budgeting, analysis, and reporting for the company
  • Lead budgeting and monitoring performance vs. budget on a monthly basis
  • Organize and prepare financial materials and presentations
  • Assist with the maintenance of the Company’s capitalization table and support all shareholder inquiries
  • Oversee financial controls in the company
  • Responsible for managing the cash-flow of the company and bank accounts and investments

Requirements and Qualifications:

  • BA/BS and CPA required
  • 7-10 years finance and biotechnology experience required. Must have public company experience.
  • SEC financial reporting experience required
  • Strong analytical skills with the ability to support a growing business
  • Ability to work in a small company environment and contribute to many different functions – willingness to “do it all” and take a hands-on approach to the role.
  • Exceptional written, verbal and presentation skills
  • Experience implementing/maintaining accounting systems and developing reporting and analytics capabilities
  • Collaborative business partner adept in building cross-functional relationships to drive business results
  • Strong understanding of GAAP, IFRS and both day-to-day and technical accounting is a must.

PC & MS Office proficiency, excellent MS Excel required.

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