Associate Director, Strategic Finance (San Diego/Hybrid) at Illumina

San Diego, California, United States

Illumina Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Genomics, HealthcareIndustries

Requirements

  • Demonstrated ability to complete quantitative and qualitative analysis and financial modeling; technical and corporate finance and valuation skills a must
  • Effectively plan and tightly manage the scope and lifecycle of a project while balancing multiple constituencies
  • Align senior leaders and key stakeholders through excellent interpersonal skills, high EQ, and persuasion
  • Excellent communication and collaboration skills
  • Typically requires a Bachelor’s degree and a minimum of 15 years of applicable experience in finance, investment banking, management consulting, business development or related field, with 7+ years of Management experience
  • MBA or advanced scientific degree preferred
  • Relevant knowledge of the Life Science Tools and Diagnostics industry, including companies and technologies, is a plus
  • Proven ability to lead, develop and coach teams
  • Must reside in the San Diego area and be able to commute to corporate offices (relocation assistance available within 6 months or mutually agreed time)

Responsibilities

  • Partner with the Head of Strategic Finance across all relevant financial analysis and modeling in support of assessing, recommending and structuring deals to support the corporate initiatives and strategies
  • Manage the design and execution of strategic review initiatives related to capital-intensive activities
  • Demonstrate deep healthcare industry knowledge and drive insights regarding the strategic path for Illumina at the enterprise level
  • Partner with Finance Leadership to ensure line-of-sight to implications of different proposals
  • Lead and support financial diligence on potential targets, collaborating deeply with key functions and stakeholders to determine potential risks and integration issues
  • Coordinate, prioritize and manage the active deal pipeline for the Strategic Finance team. Orchestrate analysis along prescribed timelines and socialize appropriately across Finance and Executive Leadership
  • Drive the routine assessment and reporting of previously completed mergers, acquisitions, partnerships, alliances, joint ventures, divestitures, and licensing agreements

Skills

Financial Modeling
Financial Analysis
M&A
Deal Structuring
Joint Ventures
Partnerships
Licensing Agreements
Divestitures
Strategic Finance
Healthcare Industry

Illumina

Supports genomics startups through funding and resources

About Illumina

Illumina focuses on fostering innovation in the genomics industry by supporting startups through its Illumina Accelerator program. This program helps entrepreneurs create, launch, and grow genomics-focused companies by providing funding and resources. The accelerator operates in two main locations: the San Francisco Bay Area and Cambridge, UK. Illumina Accelerator has successfully invested in 68 genomics startups, which have collectively raised over $1 billion in venture capital. What sets Illumina apart from its competitors is its strong partnership with leading venture capital investors and its dedicated focus on the genomics sector. The goal of Illumina is to build a thriving ecosystem for genomics innovation, enabling new companies to emerge and advance the field.

San Diego, CaliforniaHeadquarters
1998Year Founded
$27.2MTotal Funding
IPOCompany Stage
Venture Capital, BiotechnologyIndustries
5,001-10,000Employees

Risks

Over-reliance on NVIDIA's AI technology may limit flexibility in AI solution adoption.
Standardizing proteomics data across platforms could challenge Illumina's data reliability.
Single-flow-cell NovaSeq X System might cannibalize sales of higher-end models.

Differentiation

Illumina leads in genomic sequencing with advanced AI integration and multiomic data analysis.
The company offers innovative array-based solutions for DNA, RNA, and protein analysis.
Illumina's global expansion includes a new Global Capability Center in Bengaluru.

Upsides

Collaboration with NVIDIA enhances drug discovery and clinical development through AI integration.
Pilot proteomics program with UK Biobank aims to generate crucial reference datasets.
Single-cell sequencing kits make high-throughput sequencing accessible to smaller labs.

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