Finance Manager / FP&A Manager

Oak Hill Bio Ltd; Massachusetts; Remote; USD 120,000 - 170,000; Full time

Benefits offered by this job

Annual bonus

Equity

Job summary

Oak Hill Bio Ltd seeks a Finance Manager / FP&A Manager to partner with the US and UK finance teams, driving strategic planning and hands-on month-end/quarter-end reporting. The role focuses on multi-year budgets, forecasting models, and close processes to support US GAAP and clinical accrual accounting.

Responsibilities include variance analyses, balance sheet reviews, audit support, and continuous process improvements across ERP and reporting tools.

Qualifications

• Typically requires a degree/masters in accounting or finance.
• Strong background in US GAAP and SEC reporting.
• Public company experience with US GAAP/SEC disclosure preferred.
• Professional accounting qualification (CPA/ACA/ACCA/CIMA or equivalent).
• Excellent analytical, modelling and Excel skills.

Responsibilities

• Support multi-year budgeting and forecasting for Oak Hill Bio Holdings and OHB Pediatrics.
• Prepare forecast-to-actual variance analyses with insights and recommendations.
• Maintain forecasts with scenario analysis across clinical and corporate functions.
• Support US GAAP monthly, quarterly and annual close and reporting.
• Assist with balance sheet reconciliations, accruals and audit support.
• Develop and improve financial controls, processes and documentation.

Skills

US GAAP reporting

SEC reporting

Advanced Excel

Financial modelling

Stakeholder comms

Education

Bachelor's/Master's in Accounting/Finance

Tools

Dynamics 365 BC

Job description

Job Title:Finance Manager / FP&A Manager

Location: UK/US East Coast (Remote)

Reports to:VP - Head of Finance (Group Finance Director)

Position Summary

Oak Hill Bio is a clinical-stage biotechnology company focused on acquiring and developing outstanding rare disease drugs that have been deprioritized by big pharma.

The person in this role serves as a key finance partner across both Oak Hill Bio Holdings and OHB Pediatrics (US Public Group). The role combines strategic financial planning and analysis with hands-on support of month-end and quarter-end financial reporting processes.

This person is responsible for maintaining and enhancing multi-year budgets, forecasts and partnering closely with the US and UK Controllers and working with the various business teams to support US GAAP reporting, clinical accrual accounting, balance sheet reconciliations, and close activities.

Responsibilities

• Support multi-year budgeting and forecasting models for Oak Hill Bio Holdings and OHB Pediatrics.
• Prepare monthly forecast-to-actual variance analyses with clear insights and recommendations.
• Maintain and develop detailed forecasting models with oversight of key business unit activities across clinical and corporate functions, including scenario analysis and modelling.

Quarter-End Close & Financial Reporting Support

• Partner closely with the US Financial Controller and Group Finance team to support monthly, quarterly and annual close activities.
• Assist in preparation of US GAAP financial reporting and public company reporting requirements.
• Prepare and review detailed analyses supporting clinical trial accruals, CRO accruals, prepayments and other significant balance sheet accounts.
• Prepare journal entries and supporting documentation for month-end and quarter-end close.
• Participate in balance sheet reconciliation reviews across all Oak Hill Bio entities.
• Support audit requests and preparation of supporting schedules for external auditors.
• Assist with development and enhancement of financial controls, reporting processes and documentation.

Systems & Process Improvement

• Leverage financial systems and reporting tools to improve reporting quality and efficiency.
• Develop scalable forecasting, reporting and close processes appropriate for a growing biotechnology organisation.
• Support enhancements to ERP, planning and reporting systems.
• Drive automation and standardisation of key finance processes.
• Act as a key finance user and subject matter expert for Microsoft Dynamics Business Central and associated reporting tools

Building the OHB team

• Keeps patients at the center of every decision
• Does high-quality work and owns the results
• Works well with others to deliver team goals
• Seeks feedback, keeps learning, and helps others grow

Qualifications & Experience

• Typically requires a degree/masters and a minimum of 6 - 8 years of progressive accounting/finance experience, or equivalent
• Strong background in SEC reporting within biotech or life sciences.
• Public company experience operating within a US GAAP and SEC-reporting environment is strongly preferred, including the preparation of Forms 10-Q, 10-K, earnings support schedules and SEC disclosure documentation.
• Professional accounting qualification required, including CPA, ACA, ACCA, CIMA or equivalent.
• Exceptional analytical and modelling capabilities.
• Advanced Excel and financial reporting skills.
• Proven experience developing complex multi-year forecasting and scenario models.
• Strong understanding of cash burn forecasting and capital planning within development-stage biotechnology companies.
• Highly detail-oriented with excellent financial control discipline.
• Strong balance of technical accounting knowledge and commercial finance capability.
• Excellent communication and presentation skills with the ability to influence senior stakeholders.
• Comfortable operating in a lean, entrepreneurial and high-growth environment.
• Ability to manage multiple priorities and meet demanding reporting deadlines.
• Collaborative team player who can work effectively across Finance, Clinical, CMC and Corporate Development functions.
• Self-starter with a continuous improvement mindset and strong problem-solving abilities.

The base salary range provided is for US-based employees only, and is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. Oak Hill Bio will use local market rates for roles outside the US.This role is eligible for an annual bonus and equity. Actual base salary pay will be based on several factors, including geography. skills, competencies, experience, and other job-related factors permitted by law.

The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform this position.