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Job Description
POSITION TITLE: SENIOR DIRECTOR, BUSINESS FINANCE
LOCATION: REMOTE US
TriNetX is a remote-friendly company but is currently only registered for employment in certain states. To be eligible for employment, you must reside in one of the following states: AZ, CA, CO, CT, DE, FL, ID, IL, KY, MA, MD, ME, MI, MN, MO, MT, NC, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TX, UT, VA, VT, WA, WI
This position reports to our global HQ in Cambridge, MA, and is fully remote within the US. Travel is expected when needed and local candidates are preferred.
Who we are:
TriNetX was founded on the idea that incorporating real-world data results in better clinical trial design, improves the site selection and patient recruitment process and generates real-world evidence (RWE) to advance the collective understanding of human health. TriNetX collaborates with the majority of industry leaders, including 13 of the top 15 pharmaceutical companies, and is powered by an impressive network of 170 healthcare organizations across 30 countries.
As a result of its reach and rapidly expanding network, TriNetX has become the market leader in protocol design, feasibility, and site selection. Researchers have leveraged the TriNetX network to analyze over 39,000 protocols, presented over 10,000 clinical trial opportunities to its healthcare members, and reduced site identification time in clinical trials by 50%.
Currently, TriNetX healthcare organization members contribute access to a patient population of 400 million, representing over 40 billion clinical observations. TriNetX has a worldwide presence, with a global headquarters located in Cambridge, Massachusetts, EU headquarters in Ghent, Belgium, and additional offices in London, Madrid, Melbourne, Sao Paulo, Singapore, Tokyo, Germany, and Santa Rosa, California. TriNetX is one of the fastest-growing, privately held companies in the area’s life sciences corridor.
What challenges we work on:
TriNetX is the global health research network that optimizes clinical research and enables discoveries through the creation of real-world evidence. TriNetX combines real-time access to longitudinal clinical data with state-of-the-art analytics to answer complex research questions at the speed of thought. Each member of our community shares in the consolidated value of our global, federated health research network that connects clinical researchers to the patient populations which they are attempting to study.
Who we are looking for:
As we continue to grow globally, we’re looking for a creative and data-driven Senior Director, Business Finance to serve as a key partner to our business unit and commercial leadership teams. Leveraging your extensive experience in FP&A, accounting, and business unit finance, this role will provide critical insight to facilitate financial and business decision-making and help drive overall company performance.
Reporting directly to our Chief Financial Officer – and working closely with our business unit and commercial leadership teams – you’ll have full P&L responsibility through gross profit for all TriNetX business units. You’ll also
manage each business unit’s revenue and cost of goods sold, and provide detailed forecasting and analysis of backlog, sales, and pipeline.
What you will be doing:
- Serve as the lead finance business partner for all TriNetX business units, partnering with business unit leadership to provide comprehensive budget guidance (including setting and measuring achievable targets through the annual planning and budget process), rolling forecasts, sales efficiency reporting, and more.
- Lead revenue recognition and financial management processes of all business units, with particular focus on cost of goods sold and gross profit management.
- Develop and maintain sales and revenue forecast models, partnering with our Commercial Operations Team and other key stakeholders to plan and evaluate targets by business unit, product, and more.
- Oversee the finance tracking and reporting of KPIs for all business units, including annual recurring revenue, backlog, sales, retention, and more.
- Collaborate with our FP&A Team to effectively convey financial results and business unit insights to our executive leadership and Board of Directors through concise and compelling storytelling.
- Work with our Accounting Team to analyze and manage days sales outstanding, accounts receivable, unbilled receivables, and deferred revenue.
- Assist in the monthly accounting close through various reviews of accounts and trends.
What you bring to TriNetX:
- 10+ years of experience in FP&A, accounting, and business unit finance, preferably for SaaS companies with subscription-based revenue models.
- Demonstrated experience serving as a trusted partner and advisor to senior business leaders, and providing actionable insights through effective writing, presentations, and communication.
- Comprehensive knowledge of US GAAP revenue recognition (ASC606) requirements.
- Excellent ability to be flexible and work with ambiguous requirements by bringing direction, prioritization, timelines, and communication with key stakeholders across the entire company.
- Strong understanding of operational processes, systems, and data in multiple areas of sales and operations, including forecasting, account management, sales performance, and more.
- In-depth experience with various financial planning tools, with knowledge of Sage and Workday Adaptive Planning strongly preferred.
- Advanced financial and operational modeling skills in Microsoft Excel.
As a condition of employment, the individual must provide proof of Covid 19 vaccination unless a medical or religious exemption is granted by TriNetX.
Learn more about TriNetX: Please feel free to check out our website www.trinetx.com and our careers page www.trinetx.com/careers/ to learn more. We are social and you can follow us on Twitter @TriNetX, LinkedIn https://www.linkedin.com/company/trinetx, The Muse https://www.themuse.com/profiles/trinetx and be sure to read our blog https://trinetx.com/blog/
Interested in joining our community?
TriNetX is an Equal Opportunity Employer. All persons are considered for employment without regard to their race, color, creed, religion, national origin, ancestry, citizenship status, age, disability or handicap, sex or gender, marital status, sexual orientation, genetic information, gender identity, veteran status, or any other characteristic or status protected by applicable federal, state or local laws.
This Organization Participates in E-Verify
This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.
E-Verify Works for Everyone
For more information on E-Verify, or if you believe that your employer has violated its E-Verify responsibilities, please contact DHS. 888-897-7781 https://www.e-verify.gov/
