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Director, Financial Planning and Analysis



Accounting & Finance
South San Francisco, CA, USA
Posted on Tuesday, August 15, 2023

Why join Freenome?

Freenome is a high-growth biotech company developing tests to detect cancer using a standard blood draw. To do this, Freenome uses a multiomics platform that combines tumor and non-tumor signals with machine learning to find cancer in its earliest, most-treatable stages.

Cancer is relentless. This is why Freenome is building the clinical, economic, and operational evidence to drive cancer screening and save lives. Our first screening test is for colorectal cancer (CRC) and advanced adenomas, and it’s just the beginning.

Founded in 2014, Freenome has ~500 employees and more than $1.1B in funding from key investors, such as the American Cancer Society, Andreessen Horowitz, Anthem Blue Cross, Bain Capital, Colorectal Cancer Alliance, DCVC, Fidelity, Google Ventures, Kaiser Permanente, Novartis, Perceptive Advisors, RA Capital, Roche, Sands Capital, T. Rowe Price, and Verily.

At Freenome, we aim to impact patients by empowering everyone to prevent, detect, and treat their disease. This, together with our high-performing culture of respect and cross-collaboration, is what motivates us to make every day count.

Become a Freenomer

Do you have what it takes to be a Freenomer? A “Freenomer” is a determined, mission-driven, results-oriented employee fueled by the opportunity to change the landscape of cancer and make a positive impact on patients’ lives. Freenomers bring their diverse experience, expertise, and personal perspective to solve problems and push to achieve what’s possible, one breakthrough at a time.

About this opportunity:

We are seeking a Director, FP&A to help grow the Freenome Finance team. The Director of FP&A will support planning for key business processes and requires strong financial reporting, planning and modeling skills and solid business judgment. This role is reserved for someone who possesses exceptional forecasting and quantitative technical skills combined with superior communication and collaboration skills. Those who will qualify for this position are both technically sound and can be a proactive internal consultant, beyond their analytical prowess through their understanding of secondary data, industry knowledge, and track record of innovative and impactful decision support.

The role reports to the Vice President FP&A and is a trusted advisor to our executive team.

You are passionate about Finance and desire to have a significant impact on the continued growth of an organization dedicated to changing the entire landscape of cancer.

What you’ll do:

  • In partnership with the VP of FP&A, lead company-wide business and financial planning processes (monthly and quarterly reviews, budgets ,forecasts, and 5-year strategic Plan) with a focus on simplification and on driving robust decision making
  • Lead the overall corporate planning processes for all budgets and short-term forecasts for your assigned client groups
  • Build and refine the forecasting tools, short-term and long-term forecasts models
  • Create effective performance metrics to drive accountability and ownership
  • Deliver financial analysis to identify opportunities to invest, reduce costs, and mitigate risks
  • Ensure resources are aligned with strategic and operating priorities and clear financial controls are maintained
  • Identify key business issues that impact short-term and long-range market forecasts; clearly and pro-actively surface these issues
  • Develop insights and recommend actions to manage any deviations from plan through analysis of business financial performance, understanding of key drivers, and identification of root causes of variance
  • Collaborate with the broader organization to drive process and systematic improvements across the Company
  • Support Accounting team in monthly and quarterly close procedures and analytics
  • Prepare materials for presentations to the Audit Committee, Board of Directors, Investors and Freenome leadership
  • Proactively collaborate, influence, and align the corporate planning processes to achieve overall Company strategy

Must haves:

  • Bachelor’s degree in Accounting/Finance/Business
  • Minimum of 8 years of FP&A experience as a business partner in a fast-paced, high-growth biotech, diagnostic, medical device environment
  • Willingness to roll up your sleeves, handle large amounts of data and build complex financial models
  • Strong analytical background with the ability to creatively solve problems with a data-driven approach
  • Ability to articulate complex financial concepts in understandable terms to non-finance professionals
  • Demonstrated ability to think strategically while maintaining a command of the details
  • Extremely well-organized, and data-driven
  • Exposure to and proven experience building key financial management processes, management reporting, and financial discipline as required in a scaling organization
  • Self-motivated and capable of driving business results without significant supervision

Nice to haves:

  • MBA or CFA a plus
  • Experience as a FP&A professional for single-site labs (FDA/CLIA diagnostics business) and/or reagent manufacturing environments
  • Knowledge of clinical diagnostics development, operations, portfolio management and commercial GTM planning.

Benefits and additional information:

The US target range of our base salary for new hires is $183,000 - $280,000. You will also be eligible to receive pre-IPO equity, cash bonuses, and a full range of medical, financial, and other benefits depending on the position offered. Please note that individual total compensation for this position will be determined at the Company’s sole discretion and may vary based on several factors, including but not limited to, location, skill level, years and depth of relevant experience, and education. We invite you to check out our career page @ for additional company information.

Freenome is proud to be an equal-opportunity employer, and we value diversity. Freenome does not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Applicants have rights under Federal Employment Laws.