Director/Sr. Director, Financial Planning & Analysis

When our people share why they joined Rapport and love it here, it comes down to three things: the science, the mission, and the team. At Rapport, we’re driven by a passion for developing precision neuromedicines with the potential for fewer side effects, enabling patients and their families to enjoy healthier, more fulfilling lives. And we’re doing this with extraordinary science and awesome people (affectionately called Rapptors).

Our innovative scientific platform is centered on Receptor Associate Proteins (RAPs). RAPs are a component of neuronal receptor complexes, which play a crucial role in regulating receptor assembly and function. This precision approach has the potential to revolutionize the development of small molecule therapies. We are excited about the potential of our lead program, RAP-219. Our first indication targets focal epilepsy with additional clinical trials in primary generalized tonic-clonic seizures (PGTCS) and bipolar disorder.

The strength of Rapport comes from our Rapptors – who are united by our mission to improve patients lives. We bring the heart and hustle to advance our science forward, always staying true to our core values. We hope you’re as excited about this opportunity as we are!

Your impact:

Reporting to the VP Finance, the Director of Financial Planning and Analysis will be a critical leader within our finance team and a key business partner for leadership, our program teams, and for all functional areas within the Company. This role will oversee the financial forecasting, budgeting, long-range planning and periodic performance analysis to support management and program team decision making. This role requires a high degree of analytical expertise, strategic thinking, collaboration skills and leadership to partner with our team and drive our financial planning processes.

Your day-to-day:

• Work with functional leaders to develop annual budgets, financial forecasts and long-range plans that align with company strategy. This includes, but is not limited to, the creation of planning calendars, assisting the business with alignment on planning guidance and driving trade-off decisions during the budget creation process.
• Serve as a finance representative on cross functional program development teams to assist with managing program budgets, scenario plan and help determine optimal allocation of program resources both as part of formal forecast cycles and to meet ad hoc needs.
• Provide quarterly variance analysis of actuals to forecast/budget, explain and investigate any significant discrepancies, and understand key business drivers.
• Partner closely with the Accounting team to create a robust monthly accrual process and assist with determining the validity of accrual confirmations from vendors.
• Partner with the business, HR and other key stakeholders to ensure rigorous financial management, understand the ongoing needs of the organization, ability to reallocate funds based on evolving budget needs, identify cost saving opportunities, etc.
• Prepare and present variance reporting, dashboards and other reporting packages for program teams, functional leaders, leadership team, and Board of Directors.
• Develop financial models and provide support and analysis to support strategic initiatives including financing “use of proceeds” scenarios, possible future collaborations or other business development efforts.
• Serve as administrator of Rapport’s financial planning tool, Adaptive Insights.
• Define and implement right-sized policies, procedures and systems that will improve the overall operation, effectiveness, and scalability of the FP&A function.

Must-Haves:

• Bachelor’s degree in Accounting, Finance, Economics or related field; MBA highly preferred
• 12+ years experience in financial planning and analysis
• In-depth knowledge of budgeting processes specific to the biotech industry, including R&D forecasting and clinical trial budgeting
• Strong understanding of GAAP, SEC reporting, and experience with public company compliance highly desired
• Advanced Microsoft Excel and PowerPoint skills; familiarity with Adaptive Insights or other financial planning software preferred; NetSuite and Coupa experience also highly valued
• Exceptional analytical, decision-making, and problem-solving skills
• Attention to detail, the ability to multi-task, prioritize and work under tight deadlines
• Excellent communication skills and ability to navigate in a high growth environment
• Highly collaborative with strong influencing skills and track record of exceptional business partnership
• Ability to flex from embracing tactical requirements to strategy as needed
• Embraces our values: Relentless, Authentic, Purposeful, and Passionate

What makes Rapport special:

• Every role has meaning. We’re determined to discover a better way for patients, and you’ll feel passion from the start.
• We are driven to innovate. Exciting science that pushes boundaries and opens new possibilities.
• Your perspective matters. Stick your neck out, share your ideas – we work as a team.
• We have FUN. We hire smart, dedicated, down-to-earth people that you’ll enjoy spending time with.
• Leadership that CARES – about you, your growth + development.
• We're bicoastal. Whether you're in the lab full-time in San Diego or taking advantage of a more hybrid work schedule in Boston – we make the most of our time together.
• Competitive benefits. Including unlimited PTO, a lifestyle spending account, commuting reimbursement, and much more!
• You get to be YOU! Show up as you are and make every day count.

Your Compensation:

We get it. Compensation is an important part of your offer. You shouldn’t be surprised at the end of the recruiting process, and you should know that your offer is fair and equitable. How do we do this? We tell you about our hiring range now - we expect the hiring range for this role to be around $220,000 to $240,000 for Director level or $240,000 to $260,000 for Sr. Director level. Our actual offer will reflect a lot of factors including your relevant skills, experience, location, salary market data, and internal equity. In addition to a competitive salary, we also offer a pretty great benefits package. We don’t stop here - if you join Rapport, we go to the next level. We share our full salary ranges for every level across our company.

Rapport Therapeutics is an equal opportunity employer and will not discriminate against any employee or applicant on the basis of age, color, disability, gender, national origin, race, religion, sexual orientation, veteran status, or any classification protected by federal, state, or local law.

Note to Employment Agencies: Please do not forward any agency resumes. The company will not be responsible for any fees related to resumes that are unsolicited.

CCPA disclosure notice can be found here.