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Senior Finance Systems Analyst



IT, Accounting & Finance
San Francisco, CA, USA
Posted on Wednesday, September 13, 2023

The Opportunity

insitro is a drug discovery and development company using machine learning and data generation at scale to transform the way that drugs are discovered and delivered to patients. A strong environment of efficient and effective business systems are vital for our day to day procurement operations to help deliver on this mission, as well as ensure we’re able to report financial information accurately and timely.

Reporting to the Associate Director, Financial Reporting & Technical Accounting, the Senior Business Systems Analyst at insitro will be a strategic partner working with our Finance and Procurement Teams, cross-functional collaborators, and outside vendors to maintain and improve our finance systems to support our rapidly growing Finance operations. This role will serve as our business systems and ERP subject matter expert primarily supporting Oracle Cloud and other financial applications. This role is responsible for optimizing and leading our Finance system roadmap. As a technical authority, you will translate business requirements into solutions and see them through to completion using your own expertise, support from the Finance, Procurement, and Information Technology Teams, as well as leading and partnering with outside vendors.

Your key responsibilities will include:

  • Partner with Finance team on system enhancement projects to optimize and automate current financial accounting and procurement processes (e.g., implementing supplier punch-outs, automate cash reconciliation process)
  • Manage end-to-end process of system enhancement projects from gathering and documenting business requirements, partner with managed service providers and internal resources to develop and implement solutions, performing and documenting testing, and following up on any issues
  • Design reports and dashboards to address business needs and streamline financial accounting processes and procurement operations
  • Provide technical end user support for lower level production issues, from root cause through resolution, or any other maintenance activities
  • Effectively manage high priority tickets (either individually or working with outside vendor) and longer projects, while not impacting the speed of business
  • Analyze current processes and systems to make improvement recommendations based on application best practices
  • Support current and future integrations between Oracle Cloud and other financial and business applications
  • Implement a ticketing process to streamline and document approvals on Finance processes
  • Supervise finance systems environment maintenance and refresh schedules, as well as test and document applications patches prior to production
  • Review and maintain segregation of duties, user roles, and user access in Oracle Cloud and other finance systems (as applicable)
  • Document user guides, end-to-end system workflows, process narratives, and / or policies to support training on new system enhancements and maintain process documentation
  • Prepare and support ITGC and SOX documentation as applicable
  • Participate in special projects and perform other job-related duties as assigned

You will be joining a vibrant biotech startup that has long-term stability, due to significant funding, and is in a high growth phase. A lot can change in this early and exciting phase, providing many opportunities for significant impact. You will work closely with a very dedicated team, learn a broad range of skills, and help shape insitro’s culture, strategic direction, and outcomes. Join us, and help make a difference to patients!

About You

  • 5+ years of increasing responsibility in a similar role
  • Bachelor’s in Accounting, Finance, Business Administration, IT, Computer Science, or similar related field
  • Oracle ERP functionality expertise (all flows) required. ERPCloud expertise highly preferred
  • Experience using Oracle reporting tools (OTBI, SmartView, FRS)
  • Proficient knowledge of ERP, Accounting close process, Procurement, SCM, Payroll
  • Experience gathering business requirements and translating them into technical design documents
  • Effective written and verbal communication skills
  • Effective project management skills to prioritize work to meet deadlines
  • Solid understanding of SOX and audit practices
  • Ability to work independently with general direction and guidance
  • Ability to prioritize and multitask in a constantly evolving environment
  • Self-motivated with a strong sense of ownership
  • Passion for making a difference in the world

Nice to Have

  • Life Sciences experience
  • Experience with PowerBI / Tableau
  • Experience with Anaplan, UKG, and Jira or comparable systems and programs

Compensation & Benefits at insitro

Our target starting salary for successful US-based applicants for this role is $145,000 - $165,000. To determine starting pay, we consider multiple job-related factors including a candidate’s skills, education and experience, market demand, business needs, and internal parity. We may also adjust this range in the future based on market data. This role is eligible for participation in our Annual Performance Bonus Plan (based on company targets by role level and annual company performance) and our Equity Incentive Plan, subject to the terms of those plans and associated policies.

In addition, insitro also provides our employees:

  • 401(k) plan with employer matching for contributions
  • Excellent medical, dental, and vision coverage (insitro pays 100% of premiums for employees), as well as mental health and well-being support
  • Open, flexible vacation policy
  • Paid parental leave
  • Quarterly budget for books and online courses for self-development
  • Support to occasionally attend professional conferences that are meaningful to your career growth and development
  • New hire stipend for home office setup
  • Monthly cell phone & internet stipend
  • Access to free onsite baristas and cafe with daily lunch and breakfast
  • Access to free onsite fitness center
  • Commuter benefits
About insitro
insitro is a drug discovery and development company using machine learning (ML) and data at scale to decode biology for transformative medicines. At the core of insitro’s approach is the convergence of in-house generated multi-modal cellular data and high-content phenotypic human cohort data. We rely on these data to develop ML-driven, predictive disease models that uncover underlying biologic state and elucidate critical drivers of disease. These powerful models rely on extensive biological and computational infrastructure and allow insitro to advance novel targets and patient biomarkers, design therapeutics and inform clinical strategy. insitro is advancing a wholly owned and partnered pipeline of insights and therapeutics in neuroscience, oncology and metabolism. Since launching in 2018, insitro has raised over $700 million from top tech, biotech and crossover investors, and from collaborations with pharmaceutical partners. For more information on insitro, please visit www.insitro.com.