Vice President of Finance

MassBio; Cambridge (MA); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Competitive salary

Excellent benefits package

Opportunity for advancement

Job summary

A leading nonprofit organization in Cambridge is seeking a VP of Finance to drive business modeling and growth planning. The ideal candidate will have over 10 years of financial leadership, a Bachelor's degree in Accounting or Finance, and skills in strategic planning. This role offers competitive salary and excellent benefits in a dynamic environment focused on healthcare innovation.

Qualifications

• 10+ years of progressive financial leadership, including strategic planning and business modeling experience.
• Background in nonprofit or mission-driven organizations preferred.
• Proven track record of aligning financial strategy with organizational growth goals.

Responsibilities

• Collaborate with the CEO and leadership team to develop organizational strategies.
• Lead annual and multi-year budgeting, forecasting, and planning processes.
• Oversee all finance, accounting, and compliance functions.

Skills

Financial leadership

Strategic planning

Business modeling

Communication skills

Problem-solving skills

Collaborative leadership

Education

Bachelor’s Degree in Accounting or Finance

CPA, CMA, or MBA

Job description

MassBio is a not-for-profit organization founded in 1985. Our mission is to advance Massachusetts’ leadership in the life sciences to grow the industry, add value to the healthcare system, and improve patient lives. We represent the premier global life sciences and healthcare hub in the world, with 1,700+ members dedicated to preventing, treating, and curing diseases through transformative science and technology that brings value and hope to patients.

MassBio is currently hiring for a VP of Finance to join our executive leadership team and serve as a strategic thought partner to the CEO and Board. This role goes beyond managing finances—it drives business modeling, growth planning, and investment in initiatives that strengthen MassBio’s impact. The Vice President of Finance will combine financial expertise with strategic insight to guide decision-making, optimize resources, and position MassBio for sustainable long‑term success.

Key Responsibilities Include:

Strategic Growth & Business Partnership

• Collaborate with the CEO and leadership team to develop and execute organizational strategies, including new revenue models, partnerships, and growth initiatives
• Build financial models and scenario analyses to evaluate strategic opportunities and inform decision‑making
• Provide data‑driven insights that support innovation, program expansion, and member value creation
• Ensure alignment of financial strategy with MassBio’s mission and long‑term vision
• Lead annual and multi‑year budgeting, forecasting, and planning processes
• Translate strategic priorities into measurable financial goals and KPIs
• Provide clear financial insights and recommendations to executive leadership and the Board
• Optimize financial performance by managing cash flow, reserves, and investment strategies

Operations & RiskManagement

• Oversee all finance, accounting, and compliance functions, ensuring strong systems and internal controls
• Work in conjunction with outsourced accounting firm on monthly close process, audit preparation and accurate revenue recognition throughout the year
• Manage relationships with auditors, banks, investment advisors, and key vendors, tax accountants
• Ensure regulatory compliance and adherence to best practices for nonprofit financial management
• Identify opportunities for process and system improvements and lead the implementation of changes that enhance the efficiency and impact

Team & Organizational Leadership

• Lead, mentor, and develop a high‑performing finance team
• Partner with program, membership, and policy leaders to embed financial accountability and rigor across the organization
• Promote a culture of transparency, collaboration, and forward‑looking planning

Board & Stakeholder Engagement

• Serve as a trusted advisor to Executive Committee of the Board of Directors
• Deliver clear, compelling presentations of financial strategy, performance, and opportunities
• Partner with external stakeholders, funders, and members to ensure sustainable financial growth

Qualifications

• 10+ years of progressive financial leadership, including strategic planning and business modeling experience.
• Bachelor’s Degree in Accounting or Finance required
• CPA, CMA, or MBA strongly preferred
• Background in nonprofit, membership association, or mission‑driven organization preferred; hybrid nonprofit/for‑profit experience a plus
• Proven track record of aligning financial strategy with organizational growth goals
• Skilled in building models, forecasts, and analysis to guide executive decision‑making
• Exceptional communication and influence skills; ability to translate financial concepts for diverse audiences
• Entrepreneurial mindset with strong problem‑solving skills and collaborative leadership style

At MassBio, our team strives every day to provide support and services to our full range of members in order to give them and the Massachusetts life sciences ecosystem the best chance to succeed and bring new, breakthrough cures and therapies to patients around the world. As the type and number of our members grow, we are constantly shifting and expanding our services and offerings to best fit our membership. We embrace diversity, equity, and inclusion in everything we do at MassBio. As an equal opportunity employer, we are committed to building a team with a variety of backgrounds, skills and views to best serve our members and ultimately patients.

We offer a competitive salary and an excellent benefits package with an opportunity to advance. For consideration, please submit a resume and cover letter.