Director of Financial Planning and Analysis

We are currently seeking a Director of Financial Planning & Analysis (FP&A) to lead financial planning, forecasting, and strategic finance activities during a pivotal phase of clinical development and growth. Reporting to the Chief Financial Officer, this role will be a key partner to the executive team, supporting decision‑making through rigorous financial analysis, capital modeling, cash runway management, and scalable financial processes.

This is a hands‑on leadership role ideal for a finance professional with experience building FP&A capabilities in a pre‑commercial or high‑growth biotech environment. This position is based in Berkeley, CA and requires 3 days a week in-office.

• Lead the company’s annual operating plan, long‑range plan, and rolling forecasts, with a strong focus on cash burn, runway analysis, and scenario modeling.
• Develop and maintain integrated financial, capital, and valuation models, including NPV, scenario, and sensitivity analyses to support R&D prioritization, portfolio decisions, and strategic planning.
• Partner with the CFO on capital modeling, financing scenarios, and long‑term value creation analyses.
• Collaborate with R&D, Clinical, CMC, and G&A leaders to support budgeting, resource allocation, and program‑level financial assessments.
• Prepare board‑ and investor‑ready financial analyses and presentations, including key assumptions, drivers, and downside/upside cases.
• Monitor performance versus budget and forecast; identify risks, opportunities, and key drivers.
• Support month‑end close procedures (e.g., R&D accruals).
• Support management’s internal controls over financial reporting (ICFR), including the operation and review of FP&A‑related controls, SOX readiness activities, and collaboration with Accounting and external advisors.
• Help build scalable FP&A processes and infrastructure appropriate for a growing biotech company, including future public‑company readiness.

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. MBA, CPA, CFA preferred.
• 10+ years of progressive finance experience, including senior‑level FP&A leadership.
• Prior experience in biotechnology, pharmaceuticals, or life sciences; development‑stage or pre‑commercial experience strongly preferred.
• Deep expertise in financial modeling, valuation, and capital planning, including NPV‑based analyses.
• Experience preparing materials for executive leadership and boards of directors.
• Excellent communication skills and ability to influence senior stakeholders.
• Experience supporting SOX readiness, IPO preparation, or public‑company finance operations preferred.

• For this role, the anticipated base salary range: $230,000 to $250,000, based on the candidate's professional experience level. The final salary offered for this position may take into account a number of factors including, but not limited to skills, education, and experience.
• Ray Therapeutics also offers annual performance‑based bonus, annual equity awards and a comprehensive benefits package.

At Ray Therapeutics, we celebrate diversity and are committed to creating an inclusive environment for all employees; providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.

All employment is decided on the basis of qualifications, merit, and business need.