Manager, Financial Planning & Analysis

The mission of the Allen Institute is to unlock the complexities of bioscience and advance our knowledge to improve human health. Using an open science, multi-scale, team-oriented approach, the Allen Institute focuses on accelerating foundational research, developing standards and models, and cultivating new ideas to make a broad, transformational impact on science.

The mission of the Allen Institute administration team is to provide support and structure to the scientific divisions. Coinciding with the team science approach, administration helps facilitate team learning and the overall mission of the institute.

The Allen Institute Finance team is excited to welcome an analytical, customer-focused Manager of Financial Planning & Analysis (FP&A) to help reshape the planning and modeling capability of the Institute. In this pivotal role, you’ll partner directly with the Executive Director of Finance and work hands-on across financial modeling, budgeting, forecasting, and process innovation. In addition, this role will manage one direct report, providing leadership and guidance to support team and institute objectives to advance human health.

The ideal candidate for this role will be equally comfortable leading a team and rolling up their sleeves to perform in-depth analyses, financial modeling, and building new reporting tools. This position also provides for the opportunity to work with all levels of staff including all teams within Finance, our colleagues in each of our science units, CFO and other executives.

In all activities, the Financial Planning team works to increase overall finance efficiency, productivity, and drive business results for the broader Allen Institute. Ideal candidates are solution-oriented and proactive problem solvers.

If you’re passionate about making an impact, building strong relationships, and driving results in a forward-thinking environment, we invite you to join us and help accelerate transformative science.

At the Allen Institute, we believe that science is for everyone – and should be open to everyone. We are dedicated to combating biases and reducing barriers to STEM careers more broadly. We also believe that science is better when it includes different perspectives and voices. We strive to make the Allen Institute a place where everyone feels like they belong and are empowered to do their best work in a supportive environment.

We are an equal-opportunity employer and strongly encourage people from all backgrounds to apply for our open positions.

Essential Functions

• Financial Modeling & Analysis
  • Develop, enhance, and maintain the Institute’s long range financial and operational models to support dynamic planning and scenario analysis.
  • Create what-if scenarios to evaluate financial and operational pressures on the institute and work to mitigate challenges with the team.
  • Establish best practice for model design, documentation, and version control.
• Budgeting & Forecasting
  • Lead and participate in the preparation for the annual budgeting process from budget targets through approval, including validation and alignment with Institute objectives
  • Collaborate with program and department leaders to develop budgets and resource plans in line with annual budget targets
  • Consolidate and validate all budget submissions and prepare executive review and board presentations
  • Manage quarterly forecast cycles using actuals and adjusted assumptions
  • Track and report on budget vs. actual performance through automated reporting and provide variance explanations
  • Design creative solutions to enhance understanding of Institute plans and actuals
  • Highly organized with utmost standards of accuracy and precision
• Process Improvement & Automation
  • Identify inefficiencies in the FP&A processes and workstreams in order to establish opportunities to streamline
  • Develop and deploy standard templates, processes, and operating principals within the FP&A team
  • Implement automated reporting solutions, reducing manual effort and improving accuracy
  • Develop Power BI reports for self-service analytics for leaders at all levels, synthesizing large datasets into actionable insights
• Systems & Data Management
  • Serve as subject matter expert for Workday Adaptive Planning and Power BI
  • Incorporate system enhancements and quarterly releases into practice
  • Collaborate with IT and outside peers to ensure maximizing benefits of systems and tools.
• Business Partnering
  • Provide leadership and mentoring to direct report, fostering professional growth and ensuring alignment with team and institute objectives.
  • Build stronger partnerships with program, department leaders, and other finance teams to understand business drivers and translate into financial projections.
  • Take initiative to learn the business of programs and departments, expressing curiosity with a focus on building trust, providing insightful guidance, and developing more efficient processes across teams and within systems.

Note: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This description reflects management’s assignment of essential functions; it does not proscribe or restrict the tasks that may be assigned.

Required Education and Experience

• Bachelor's degree in finance, accounting, economics or related field required
• 5+ years of progressive FP&A experience with strong emphasis on financial modeling, budgeting, forecasting, and data analysis.
• Prior experience managing a team and or mentoring staff
• Demonstrated ability to independently build complex financial models using Excel
• Experience with a Financial Planning system (Adaptive, Anaplan, etc.)
• Strong understanding of accounting principles and financial statements

Preferred Education and Experience

• Advanced data visualization and data architecture skills in Power BI, Tableau, etc.
• Experience working with large data sets, relational databases, and data query tools (Power Query, SQL, etc.)
• Working knowledge of Power Platform tools (Power Automate, Power Apps, etc)
• Excellent written and verbal communication skills, including demonstrated ability to present to executive leaders.

Physical Demands

• Fine motor movements in fingers/hands to operate computers and other office equipment

Position Type/Expected Hours of Work

• This role is currently able to work both remotely and onsite in a hybrid work environment. We are a Washington State employer, and the primary work location for all Allen Institute employees is 615 Westlake Ave N.; any remote work must be performed in Washington State.

Annualized Salary Range

• $119,650 - $164,505*

* Final salary depends on required education for the role, experience, and level of skills relevant to the role, along with work location, where applicable.

Additional Comments

• **Please note, this opportunity does not sponsor work visas and has no relocation assistance**

Benefits

• Employees (and their families) are eligible to enroll in benefits per eligibility rules outline in the Allen Institute’s Benefits Guide. These benefits include medical, dental, vision, and basic life insurance. Employees are also eligible to enroll in the Allen Institute’s 401k plan. Paid time off is also available as outlined in the Allen Institutes Benefits Guide. Details on the Allen Institute’s benefits offering are located at the following link to the Benefits Guide: https://alleninstitute.org/careers/benefits.

It is the policy of the Allen Institute to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, the Allen Institute will provide reasonable accommodations for qualified individuals with disabilities