Senior Financial Analyst, Corporate Finance
PacBio Menlo Park, California, United States · $112K–$168K/yr
Biotechnology Research · 501-1,000 employees
About the role
The Senior Financial Analyst will lead G&A financial forecasting, budgeting, and operating expense management while serving as a key business partner to leadership. Additionally, the role involves managing cash flow planning, supporting month-end close processes, and providing strategic insights through management reporting.
What they look for
Requirements
Candidates must possess a bachelor's degree in Finance, Accounting, or Economics and at least 5 years of progressive experience in FP&A or corporate accounting. Strong proficiency in financial modeling, Excel, and an understanding of balance sheet mechanics are essential for success in this role.
Full description
Senior Financial Analyst, Corporate Finance
About PacBio
Pacific Biosciences (PacBio) (NASDAQ: PACB) is a leading life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our mission is to enable the promise of genomics to better human health and advance scientific discovery. We’re entering the century of biology—and PacBio’s technologies are at the center of the next revolution in genomics. Join a world-class team that values innovation, collaboration, and purpose.
Position Summary
PacBio is seeking an experienced and motivated Senior Financial Analyst, Corporate Finance to join our Finance organization. Reporting to the Director, Finance, this role will serve as a key business partner to G&A leadership, driving accuracy and insight in financial forecasting, budgeting, operating expense management, and cash flow planning. This high-visibility role also supports monthly close, management reporting, and liquidity planning, with the opportunity to expand finance support to additional functional areas over time.
The ideal candidate is analytical, detail-oriented, thrives in a collaborative, fast-paced environment, and is a proactive self-starter who is comfortable working independently, navigating ambiguity, and identifying opportunities to improve processes. Success in this role requires flexibility, intellectual curiosity, and a willingness to step beyond defined responsibilities to support evolving business priorities and organizational needs. The successful candidate will bring a strong foundation in both FP&A and accounting, with the ability to understand how operating results, working capital, and balance sheet activity translate into cash flow.
Key Responsibilities
Operating Expense Forecasting & Budgeting
- Lead monthly forecasting and annual budgeting processes for G&A functions.
- Partner with department heads to understand spending trends, headcount plans, and key initiatives.
- Build and maintain detailed OPEX models, ensuring data integrity and alignment with corporate targets.
- Identify and communicate key risks, opportunities, and drivers impacting expense performance.
- Continuously improve forecasting tools, templates, and planning processes to increase accuracy and efficiency.
Cash Flow Planning & Treasury Support
- Monitor company cash positions by reviewing operating bank account balances on a weekly basis and proactively initiate operating cash transfers as needed to ensure adequate liquidity and support ongoing business operations.
- Own the quarterly and annual operating cash flow forecast using the indirect method, partnering cross-functionally to develop assumptions and accurately forecast working capital and other balance sheet activity. Apply a strong understanding of balance sheet accounts and cash flow mechanics to translate projected changes in assets and liabilities into operating cash flow.
- Analyze cash flow trends and provide insights into key drivers, risks, and opportunities to improve forecast accuracy and liquidity planning.
Actuals Review & Month-End Close
- Review actual results versus forecast and budget, providing clear explanations of variances and actionable recommendations.
- Partner with Accounting to support the monthly close process, including preparation and review of accrual journal entries and reclass adjustments.
- Prepare and post monthly accruals for operating expenses, ensuring proper expense recognition and cost center accuracy.
- Perform headcount and departmental expense reconciliations to ensure financial accuracy.
- Ensure financial data integrity across systems and support audit and compliance requirements.
Corporate Management Reporting
- Support corporate management reporting, integrating functional forecasts and results into company-wide reporting.
- Prepare monthly and quarterly management reports highlighting financial trends, variances, and strategic insights.
- Assist in preparation of materials for executive reviews, Board reporting, and quarterly business reviews (QBRs).
- Partner with the Director, Finance to streamline reporting packages and enhance visibility into financial results.
Strategic Analysis & Process Improvement
- Provide ad hoc analysis and modeling to support decision-making on cost optimization, investments, and headcount planning.
- Contribute to FP&A team initiatives focused on automation, scalability, and process improvement.
Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or related field (CPA, CMA, or MBA preferred).
- 5+ years of progressive FP&A, corporate accounting, or a combination of both, preferably in life sciences, biotechnology, or technology.
- Strong understanding of operating expense management, forecasting, month-end close processes, and financial statement relationships.
- Experience developing or supporting cash flow forecasts using the indirect method, with a solid understanding of working capital and balance sheet forecasting, strongly preferred.
- Demonstrated ability to analyze and forecast balance sheet activity and understand its impact on operating cash flow.
- Advanced Excel and financial modeling skills; proficiency in SAP and planning tools such as Adaptive Insights or Anaplan a plus.
- Excellent analytical and problem-solving skills.
- Excellent interpersonal, written, and verbal communication skills.
- Highly organized self-starter with strong attention to detail and the ability to manage multiple priorities under tight deadlines.
Candidates must have current authorization to work in the United States without the need for present or future sponsorship.
Non-Field Based Employees are required to be onsite Monday-Thursday (Friday work from home). Depending on the role, some employees may be required to be 100% onsite.
You may be required from time to time to visit and work at PacBio locations and for such times as the Company considers necessary for the proper performance of your duties.
All listed tasks and responsibilities are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.
All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, or on the basis of disability, gender identity, and sexual orientation.
#LI-Onsite
Salary Range:
$112,000.00 - $168,000.00
To all Staffing and Recruiting Agencies: Our Careers Site is only for individuals seeking a job at PacBio. Staffing and recruiting agencies and individuals being represented by an agency are not authorized to use this site or to submit profiles, applications or resumes, and any such submissions will be considered unsolicited. PacBio does not accept unsolicited resumes or applications from agencies. Please do not forward resumes to our jobs alias, PacBio employees or any other company location. PacBio is not responsible for any fees related to unsolicited resumes/applications.
All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, or on the basis of disability, gender identity, and sexual orientation.
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact us at 650-521-8000, or careers@pacificbiosciences.com for assistance.
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