Treasury Assoc. Director

About this role

Mavericks Wanted

When was the last time you achieved the impossible? If that thought feels overwhelming, you might want to pause here, but if it sparks excitement...read on   In 2015, we pioneered a “moneyball for biotech” approach, pooling projects and promising early-stage research from academia together under one financial umbrella to reduce risk and unleash innovation. This model allows science and small teams of experts to lead the way. We build bridges to groundbreaking advancements in rare disease, and develop life-changing medicines for patients with unmet needs as fast as humanly possible.    Together we define white space, push boundaries, and empower people to solve problems. If you're someone who defies convention, join us and work alongside some of the most respected minds in the industry. Together, we'll ask "why not?" and help reengineer the future of biopharma. At BridgeBio, we value curiosity and experimentation—including the ethical & thoughtful use of AI to improve clarity, speed, and quality of work.

Who you are:

We are seeking an experienced and strategic Associate Director of Treasury to lead our treasury operations in support of our global pharmaceutical business. Reporting to the Chief Accounting Officer, this role is responsible for strategic oversight of liquidity, financial risk, and treasury-specific banking relationships across our commercial, R&D, and manufacturing operations. The ideal candidate is a treasury leader who brings deep expertise, a proactive risk mindset, and an understanding of the financial complexities unique to the pharmaceutical industry, including milestone-driven cash flows, royalty monetization arrangements, and multi-jurisdictional operations.

Responsibilities:

Cash & Liquidity Management

• Provide strategic oversight of daily cash positioning, forecasting, and short-term investment portfolios across global entities, ensuring alignment with corporate financial objectives.

• Develop and maintain rolling cash flow forecasts that account for clinical trial funding, milestone payments, regulatory fees, and product launch timing.

• Optimize working capital and ensure liquidity is available to support R&D pipeline investments, M&A activity, and commercial operations.

• Drive continuous improvement of cash management processes, leveraging automation and technology to increase efficiency and accuracy.

Capital Markets & Debt Management Support

• Support Strategic Finance and Credit Compliance functions as needed for capital markets and other related activities.

• Evaluate and execute hedging strategies to mitigate interest rate and foreign exchange exposure arising from global operations.

Banking & Financial Institution Relationships

• Serve as the key Treasury point of contact for Treasury Operations banking partners, custodians, and financial institutions.

• Negotiate banking fees related to Treasury operations, and operational treasury service agreements, ensuring competitive terms and service excellence.

• Manage and rationalize the company's global bank account structure across key pharmaceutical markets (US, EU, APAC, and emerging markets).

Risk Management

• Identify, assess, and mitigate financial risks including FX, interest rate, counterparty, and repatriation risk across jurisdictions.

• Develop and maintain treasury policies, procedures, and internal controls in accordance with SOX requirements.

• Ensure compliance with local regulatory and reporting requirements across all countries of operation, including OFAC and anti-money laundering (AML) obligations.

• Manage insurance programs and risk transfer strategies in coordination with Legal team.

Pharmaceutical-Specific Treasury Activities

• Partner with Business Development, Strategic Finance and Legal on the treasury aspects of licensing deals, royalty arrangements, partnerships, and acquisitions.

• Support the financial structuring of milestone-based payments and in-licensing/out-licensing transactions.

• Manage intercompany funding and transfer pricing considerations in coordination with Tax.

• Oversee treasury aspects of drug product supply chain financing, including trade finance and vendor payment programs where applicable.

Cross-Functional Collaboration & Reporting

• Partner with Accounting, FP&A, Tax, and Legal on treasury-related matters including month-end close, hedge accounting (ASC 815), and intercompany transactions.

• Prepare treasury reporting and dashboards for senior leadership and the Board of Directors.

• Lead, mentor, and develop a team of treasury analysts and associates.

• Act as a key thought partner to the CAO and CFO on treasury strategy, policy and emerging financial risks.

Education, Experience & Skills Requirements:

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or a related field.

• 10+ years of progressive treasury or corporate finance experience, with at least 3-4 years in a managerial role.

• Strong understanding of cash management, capital markets, FX risk, and financial instruments.

• Experience managing treasury operations in a global, multi-currency environment.

• Proficiency with Treasury Management Systems (TMS) and ERP platforms (e.g., SAP, Oracle).

• Advanced Excel and financial modeling skills.

• Demonstrated ability to build and manage banking relationships.

Preferred

• CTP (Certified Treasury Professional) or CFA designation.

• MBA or advanced degree in Finance.

• Prior treasury experience within the pharmaceutical, biotech, or life sciences industry.

• Familiarity with milestone-based deal structures, royalty monetization, and licensing transactions.

• Experience with hedge accounting standards (ASC 815) and intercompany financing structures.

• Knowledge of FDA regulatory timelines and their impact on cash flow planning.

• Experience supporting M&A transactions, including due diligence and integration of treasury functions.

Behavioral Characteristics:

• Strong work et

Similar jobs

• Treasury Associate — Carta · Sandy, UT
• Director of Treasury — Fluidstack · San Francisco, CA
• Sr. Associate, Treasury — Peloton · New York, New York
• Senior Manager, Treasury — Legora · New York City
• Senior Manager, Treasury — Harnessinc · San Francisco, California, United States
• Treasury Manager — Zscaler · San Jose, California, USA
• Treasury Manager — Upstart · Remote
• Treasury Manager — Crusoe · Denver, CO - US