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Director, R&D Finance Operations

Protara Therapeutics

New York (NY)

On-site

USD 195,000 - 210,000

Full time

4 days ago
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Job summary

Protara Therapeutics is seeking a Director for R&D Finance Operations who will support the financial processes essential for driving efficiency in the company. The role encompasses leading budgeting, procurement, and contracts, alongside partnering with various departments to optimize resources. Ideal candidates will have extensive experience in finance within the biotech sector and strong interpersonal skills to navigate complex organizational dynamics.

Benefits

Competitive Salary and Benefits package
Matching 401(k) Retirement Plan
Flexible working hours/schedule
Generous Paid Holidays and Unlimited PTO

Qualifications

  • 10+ years in Finance or Accounting with R&D experience preferred.
  • Strong business acumen with financial and resource management.
  • Advanced Excel and PowerPoint skills required.

Responsibilities

  • Lead development of financial processes for operating effectiveness.
  • Support budget planning and reporting.
  • Negotiate contracts with CROs and manage procurement processes.

Skills

Interpersonal skills
Financial management
Project management
Attention to detail

Education

Bachelor's degree in business, finance, science/technology, or related field
MBA

Tools

Excel
PowerPoint

Job description

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Company Overview

Protara Therapeutics is a clinical-stage biotechnology company committed to advancing transformative therapies for people with cancer and rare diseases. Protara’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase 2 trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naïve to treatment with Bacillus Calmette-Guérin (BCG), as well as a Phase 2 trial in pediatric patients with LMs. Additionally, Protara is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral support who are otherwise unable to meet their choline needs via oral or enteral routes.

Company Overview

Protara Therapeutics is a clinical-stage biotechnology company committed to advancing transformative therapies for people with cancer and rare diseases. Protara’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase 2 trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naïve to treatment with Bacillus Calmette-Guérin (BCG), as well as a Phase 2 trial in pediatric patients with LMs. Additionally, Protara is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral support who are otherwise unable to meet their choline needs via oral or enteral routes.

Job Overview

The Director, R&D Finance Operations, will function as a “thought and business partner” and reports to the Chief Scientific Operations Officer.

Essential Duties and Responsibilities include the following (Other duties may be assigned):

  • Lead the development and implementation of business and financial processes to support and drive operating effectiveness and efficiency.
  • Support the development of models to track and forecast patient enrollment and financial metrics to support decision-making and reporting to ELT and the Board.
  • Implement procurement and contracting procedures and processes to ensure that we strive to obtain competitive pricing and adherence to internal vendor requirements (e.g., data privacy, cyber risk assessment, etc.).
  • Support contract negotiations with the CRO for new business and change orders and drive improved reporting from CROs to monitor costs and improve spending forecasts.
  • Lead the budget and long-range planning process for R&D and provide reports and explanations for monthly/quarterly results vs. the financial plan.
  • Partner with Finance & Accounting, Legal, HR, and IT on organizational efficiency and process improvement initiatives to improve resource allocation transparency and drive organizational cost.

Education And/or Experience

Bachelor's degree in business, finance, science/technology, or related field; MBA.

  • 10+ years in Finance or Accounting with R&D Finance experience working in Pharmaceutical and Biotech preferred.
  • Strong business acumen with financial and resource management.

Supervisory Responsibilities: None

Qualifications

Excellent interpersonal skills with high emotional intelligence to influence and work across a matrix with multiple and diverse internal and external stakeholders.

  • A strong understanding of the people, processes, and infrastructure involved in the drug development lifecycle.
  • Consistent attention to detail, focus on continuous improvement, and ability to deliver on demanding deadlines of the highest quality.
  • Project management and change management experience working on multiple priority projects and strategies.
  • Strong logistics and organization skills and the ability to operate independently and multitask, dealing with information at a variety of levels on many projects.
  • Knowledge of Program and Portfolio planning methods and techniques.
  • Excellent written and verbal communication skills; strong communicator and doer within all levels of the organization.
  • Advanced skills with Excel and PowerPoint are required.

Physical Demands

The physical demands here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This position requires a moderate amount of travel; average travel for this position is 15-20% with some variation based upon the demands of the business imperatives. Travel is for attendance at meetings and conferences.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

No specific work

  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
  • Salary Requirements are between $195,000 - $210,000 based on experience and qualifications.

Why You’ll Love Working at Protara

  • Friendly, open, and fun team-oriented culture that values unique & diverse perspectives.
  • Company-wide dedication to profoundly impacting patients’ lives.
  • Amazing culture whereby core values and behaviors are shared cross-functionally.
  • Competitive Salary and Benefits package includes incentive bonus, equity compensation, medical, dental, vision, commuter, and fertility benefits.
  • Matching 401(k) Retirement Plan.
  • Flexible working hours/schedule.
  • Generous Paid Holidays and Unlimited PTO.

Protara is committed to being a diverse and inclusive workplace. Protara is an Equal Opportunity Employer and is committed in policy and in practice to recruit, hire, train, and promote in all job qualifications without regard to race, color, creed, religion, national or ethnic origin, citizenship status, age, sex or gender, gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, disability, genetic information or any other characteristic protected by applicable federal, state or local laws.

Seniority level
  • Seniority level
    Director
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Research, Analyst, and Information Technology

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