Biotechnology is rewriting life as we know it, from the medicines we take, to the crops we grow, the materials we wear, and the household goods that we rely on every day. But moving at the new speed of science requires better technology.
Benchling’s mission is to unlock the power of biotechnology. The world’s most innovative biotech companies use Benchling’s R&D Cloud to power the development of breakthrough products and accelerate time to milestone and market.
Come help us bring modern software to modern science.
ROLE OVERVIEW
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.
This role will be based in our San Francisco office, requiring in-office presence for 3-4 days per week.
RESPONSIBILITIES
- Serve as 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.
QUALIFICATIONS
- 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.
SALARY RANGE
Benchling takes a market-based approach to pay. The candidate's starting pay will be determined based on job-related skills, experience, qualifications, interview performance, and work location. For this role, the base salary range is $169,000 to $228,000.
Total Compensation includes the following:
- Competitive salary and equity
- Broad range of medical, dental, and vision plans for employees and their dependents
- Fertility healthcare and family-forming benefits
- Four months of fully paid parental leave
- 401(k) + Employer Match
- Commuter benefits for in-office employees and a generous home office set up stipend for remote employees
- Mental health benefits, including therapy and coaching, for employees and their dependents
- Monthly Wellness stipend
- Learning and development stipend
- Generous and flexible vacation
- Company-wide Summer & Winter holiday shutdown
- Sabbaticals for 5-year and 10-year anniversaries
Benchling welcomes everyone. We believe diversity enriches our team so we hire people with a wide range of identities, backgrounds, and experiences.
We are an equal opportunity employer. That means we don’t discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We also consider for employment qualified applicants with arrest and conviction records, consistent with applicable federal, state and local law, including but not limited to the San Francisco Fair Chance Ordinance.
Please be aware that Benchling will never request personal information, payment, or sensitive details outside of Greenhouse or via email. All official communications will come from an @benchling.com email address or from an approved vendor alias. If you are contacted by someone claiming to represent Benchling and are unsure of their legitimacy, please reach out to us at recruiting-fraud-alert@benchling.com to verify the communication.
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