Kumquat Biosciences Inc. · 1 week ago
Manager, Clinical Trial Finance and FP&A
San Diego,CA,US
Full-time
Onsite
Mid, Senior Level
$124K/yr - $150K/yr
5+ years expKumquat Biosciences Inc. is a biotech company seeking a Manager for Clinical Trial Finance and FP&A. This role involves overseeing clinical trial accrual processes, providing financial support for collaboration agreements, and enhancing financial planning and analysis to support the company's growth towards public readiness.
Alternative MedicineBiotechnologyOncologyTherapeutics
Responsibilities
Own the end-to-end clinical trial accrual process, including methodology design, monthly accrual calculations, true-ups, and variance analysis
Ensure accurate and timely integration of CRO, EDC, and other clinical data into financial accruals, forecasts, and management reporting
Develop and document accrual methodologies, assumptions, and controls to support audit readiness and internal control expectations
Serve as the primary finance partner to Clinical Operations and external vendors, ensuring alignment between trial progress, financial assumptions, and spend visibility
Lead the implementation, configuration, and continuous improvement of the Clinical Trial Management System (CTMS) in partnership with Clinical Operations and IT
Provide financial support for collaboration agreements, including maintaining cost-to-cost inputs and related estimates used for ASC 606 revenue recognition
Track reimbursable and shared costs, support forecast updates and assist with audit and valuation-related data requests
Partner with Accounting and Legal to ensure financial reporting aligns with contractual and compliance requirements
Support budgeting, forecasting, and variance analysis for R&D, clinical programs, and collaboration-related activities
Maintain and enhance financial models and analytical tools supporting decision-making by Finance and executive leadership
Translate complex financial and operational data into actionable insights that shape R&D investment decisions, trial pacing, and cash runway optimization
Gain increasing exposure to executive-level FP&A discussions and strategic planning as the company grows
Qualification
Required
Bachelor's degree in Finance, Accounting, or related field; advanced degree a plus
Minimum 5+ years of relevant experience in FP&A, accounting, or finance within biotech, life sciences, or a related industry
Clinical trial accounting or clinical trial finance experience required, including accruals, forecasting, and trial-level analysis
Strong analytical, modeling, and communication skills, with ability to partner cross-functionally with Clinical Operations, Legal, and R&D
Business partnership mindset with proven ability to operate effectively in a dynamic, fast-paced environment
Comfort with scaling processes and driving toward pre-IPO operational rigor
Preferred
Experience supporting collaboration agreements and ASC 606 revenue recognition preferred
Experience implementing or integrating CTMS tools (e.g., Condor, Auxilius, or similar) strongly preferred
CPA and/or Big 4 public accounting experience a plus
Company
Kumquat Biosciences Inc.
Kumquat Biosciences’ vision is to develop innovative therapies to bring about sustainable and life-changing benefits to cancer patients.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$175.92MKey Investors
Loxo Oncology
2021-07-29Corporate Round· $70M
2021-02-16Undisclosed· $50M
2019-07-02Private Equity· $55.92M
Leadership Team
Pingda Ren
Co-Founder, President & COO
Carin Sandvik
VP of Finance
Recent News
Labiotech.eu
2025-09-12
2025-08-17
Company data provided by crunchbase