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← Formation Bio

Director, Financial Reporting

Formation Bio
Location
New York, NY; Boston, MA
Posted
1 month ago
Department
Finance
Salary
$185,500 - $232,000
What they actually want (must-haves)
  • CPA
  • Ten or more years of progressive accounting experience, including direct responsibility for preparing audited US GAAP financial statements and footnotes and for supporting an external audit
  • Experience in technical accounting, preferably as part of an in-house corporate accounting group
  • Big Four or comparable public accounting experience strongly preferred
  • Demonstrated ability to convert complex accounting guidance into practical calculations, journal entries, disclosures and repeatable processes
  • Experience in Consolidation of a complex organizational structure
Nice to have
  • Biotechnology, pharmaceutical or broader life sciences experience
What the job really is

The Director of Financial Reporting at Formation Bio will lead the financial reporting functions, including the preparation of GAAP compliant financial statements and technical accounting analysis. This senior role involves managing the financial close process, overseeing audits, and translating complex accounting conclusions into actionable processes. The position also includes building reporting resources as the organization grows and requires collaboration with various stakeholders.

Benefits
  • Total Compensation Range: $185,500 - $232,000
  • Equity
  • Comprehensive benefits
  • Generous perks
Things to weigh
  • Hybrid model requiring 3 days per week in office
  • No specific mention of team size or direct reports
  • The role begins as a senior individual contributor position with potential for growth
  • Candidates must reside in or be willing to relocate to specific metro areas
Job score4/5
Benefits2/5
Freshness4/5
Career value4/5
Role clarity5/5
Pay transparency5/5

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