Strategic Finance, Benchling
Engineering & Product
$169-228k
+ Equity
3-4 days a week in office
Cloud-based platform for biotech R&D
Open for applications
Cloud-based platform for biotech R&D
501-1000 employees
Open for applications
$169-228k
+ Equity
3-4 days a week in office
501-1000 employees
Company mission
To unlock the power of biotechnology and empower their global customers to get to milestones & market faster.
Role
Who you are
- 8+ years experience across strategic finance, product finance, FP&A, investment banking, private equity, corporate development and consulting
- Highly analytical and detail-oriented, with a strong aptitude and enthusiasm for complex problem-solving involving financial modeling and working with large data sets
- Strong Communication Skills - ability to distill and articulate complex data to drive business decisions. Experience presenting analyses to management and ability to lead and drive initiatives
- Exceptional work-ethic with a mindset towards process development and scalability
- Has experience and passion for SaaS and/or enterprise software business models and collaborating with SaaS engineering teams
What the job involves
- We are looking for an experienced Strategic Finance Lead to join our Strategic Finance team, reporting to the Corporate Strategic Finance Leader
- You will be an integral part of a small and highly-leveraged team supporting our Build organization (Engineering, Product Management and Strategy) including monthly and quarterly close process, budgeting and forecasting, expense management and analysis, as well as special projects to help support the company’s long-term growth and strategic vision
- Additionally, you will be expected to expand beyond typical financial responsibilities and act as a strategic thought partner to the business leaders, including driving ad-hoc analysis and other project work
- Expectations also include working cross-functionally and establishing/improving processes to enable Benchling’s continued growth
- Serve has the key financial thought leader for our Build divisions, partnering directly with our Heads of Engineering, Product and Strategy
- Provide financial analysis and insights including crafting financial models, scenario analysis and developing KPIs to drive strategic initiatives influencing business decisions and by providing proactive recommendations, backed by data-driven insights and financial analysis
- Identify and execute innovative projects to drive infrastructure optimization aligned with company growth and customer demands. Familiarity and experience working with infrastructure vendors/providers including AWS, DataDog, Snowflake, etc
- Manage detailed infrastructure forecasts and control spending driving industry leading gross margin profile and capital efficiency. Forecast Cost of Revenue (COR) infrastructure and underlying unit economics
- Support negotiations with key vendors and partners
- Build and maintain full year budgets and quarterly forecasts for various Build Organizations (Engineering, Product Management and Strategy)
- Deliver monthly/quarterly analyses of financial results including BvA variances to plan, ensuring key issues, risks and business drivers are understood and proactively highlighted
- Partner closely with cross-functional teams and collaborate with members of the finance organization that include monthly close activities including vendor trend reviews, infrastructure usage trends and R&D capitalization/amortization efforts
- Develop and continually improve infrastructure including tracking Build operational and financial metrics
Our take
As the pioneer of the R&D Cloud, Benchling offers a cloud-based informatics platform tailored for biotechnology. Its platform enables scientists across the globe to make breakthrough discoveries and bring next-gen biotechnology to market.
There’s a sincerity and consciousness to Benchling’s approach that stands out. This has led to the company being adopted by over 200,000 scientists from 1,000+ companies and 7,500 academic and research institutions globally (including 23andMe, Moderna, and the U.S. Department of Defense).
The rapidly advancing Biotechnology industry was at the forefront of the so-called “fourth industrial revolution”, with the industry driving $2 to $4 trillion per year of economic impact over the next 20 years.
Benchling has put itself in a position of immense value within the industry with its expanding offerings. Off the back of over $400 million in total funding, the company is seeing accelerated growth
Steph
Company Specialist
Insights
Company
Funding (last 2 of 8 rounds)
Nov 2021
$100m
SERIES F
Apr 2021
$200m
SERIES E
Total funding: $411.9m
Company benefits
- 4 months paid parental leave
- 401k plan
- Pre-tax commuter benefits
- Flexible paid time off
- Work from home opportunities
- 100% premiums covered for health, dental, & vision
- Fertility healthcare and family-forming benefits
Company values
- Constant Curiosity - Like the scientists we serve, we approach life with a sense of constant curiosity
- Scientist First - We’re relentlessly focused on taking a scientist-first approach
- Impact Driven - We commit our time, energy, and resources to efforts that will drive maximum impact
Company HQ
Yerba Buena, San Francisco, CA
Articles
Leadership
Sajith Wickramasekara
(CEO)Sajith studied at MIT before spending 2 years as a Research Assistant at Duke University Medical Centre and Liquidia Technologies. They used this biotechnology understanding to found Benchling in June 2012, serving as CEO since.
Ashu Singhal
(President)They previously co-founded Hotspots.io which was later acquired by Twitter in 2012. After this, became Staff Software Engineer at Twitter for 2 years, leaving to co-found Benchling.
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