Want to Help Plan the Financial Future of a Multibillion-Dollar, Biomedical, California Research Enterprise?
The job involves 'CIRM's lifespan' along with audits and accounting.
California’s stem cell agency is looking for a director of finance, someone who is comfortable with “big picture financial strategy,” portfolio modeling and financial forecasting.
The annual salary is expected to be in the $208,997 to $225,000 range.
The job posting says the new hire will support the vice president of operations with “strategy and vision on long-term planning” involving bonds and “CIRM’s lifespan.”
The last two words -- CIRM’s lifespan -- are key. The California Institute for Regenerative Medicine (CIRM) has finite resources. Its funding is quite circumscribed and relies completely on state bond funding that it receives at a rate of no more than $540 million a year.
How long that financial stream will last is not precisely known,
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