Treasury Assoc. Director

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 ethic with sound judgment and the ability to work independently

• Excellent written and verbal communication skills, with the ability to influence cross-functionally and present to executive leadership

• High sense of urgency and ability to develop practical solutions to complex, time-sensitive issues

• High degree of organizational agility and discretion when managing sensitive matters across all levels of the organization

• Proven ability to manage multiple workstreams simultaneously while remaining calm and effective under pressure

• Collaborative and inclusive leadership style with a track record of developing strong, high-performing teams

AI and Automation Requirements:

• Experience with or exposure to AI-enabled treasury tools (e.g., cash flow forecasting models, FX risk analytics, or predictive liquidity dashboards) to improve decision-making speed and accuracy

• Ability to identify and champion automation opportunities within treasury operations, including payment processing, bank reconciliation, and intercompany settlements

• Familiarity with Treasury Management System (TMS) automation capabilities and integration with ERP platforms (e.g., SAP, Oracle) to reduce manual workflows

• Comfort working with data analytics tools (e.g., Power BI, Tableau, or Excel-based models) to synthesize large datasets into actionable treasury insights

• Openness to leveraging generative AI tools to improve treasury reporting, scenario modeling, and executive communication

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At BridgeBio, we strive to provide a market-competitive total rewards package, including base pay, an annual performance bonus, company equity, and generous health benefits. Below is the anticipated salary range for candidates for this role who will work in California. The final salary offered to a successful candidate will depend on several factors that may include but are not limited to the type and length of experience within the job, type, and length of experience within the industry, educational background, location of residence and performance during the interview process. BridgeBio is a multi-state employer, and this salary range may not reflect positions based in other states. Salary$165,000—$225,000 USD

As a global company, our comprehensive benefits may vary based on location.  We have high expectations for our team members. We make sure those working hard for patients are rewarded and cared for in return.

For Full-Time U.S Based Roles:

Financial & Rewards  

• Market-leading compensation   

• 401(k) with employer match   

• Employee Stock Purchase Program (ESPP)  

• Pre-tax commuter benefits (transit and parking)  

• Referral bonus for hired candidates  

• Subsidized lunch and parking on in-office days  

Health & Well-Being  

• 100% employer-paid medical, dental, and vision premiums for you and your dependents  

• Health Savings Account (HSA) with annual employer contributions, plus Flexible Spending Accounts (FSA)  

• Fertility & family-forming benefits  

•  Expanded mental health support (therapy and coaching resources)  

• Hybrid work model with flexibility  

• Flexible, “take-what-you-need” paid time off and company-paid holidays  

• Comprehensive paid medical and parental leave to care for yourself and your family  

Skill Development & Career Paths: 

• People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility 

• We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, & BetterUp Coaching 

• We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities