Director of Finance

The Fund for Science and Technology is a new private foundation that is part of the Paul G. Allen philanthropic ecosystem.

Founded in 2022 and launched in 2025, we enable accelerated discovery and catalyze progress for people and the planet through transformational science and technology. The foundation works to advance bioscience, accelerate solutions for the environment, and leverage the power of AI for the benefit of Earth and humanity, supporting work in the lab and across the ecosystem of scientific research, collaboration, and innovation.

Together, we strive to advance the frontiers of science and maximize the benefits it offers the world.

Reporting to the Chief Finance and Operations Officer (CFOO), the Director of Finance will be responsible for advancing the Fund for Science and Technology’s (FFST) financial management strategy and supporting the organization’s strategic goals. The Director will develop and implement policies and procedures for finance across the organization, focused on finance, budgeting, and business planning. This is an outstanding opportunity for a finance executive with foundation experience and a proven track record in problem‑solving and change management to contribute to a dynamic, mission‑driven organization.

• Partner closely with the CFOO to execute the Foundation’s financial strategy and long‑term planning.
• Provide analytical insights, scenario modeling, and financial recommendations to support decision‑making.
• Coordinate and prepare financial materials and analysis for presentation to the Board and Committees.
• Manage and develop accounting and finance staff
• Foster a culture of accuracy, accountability, collaboration and customer service
• Work cross‑functionally with other teams to support organizational goals

• Oversee financial policies, internal controls, accounting standards, and procedures in compliance with state and federal regulations and GAAP.
• Lead the annual budgeting process, monitor financial plans, and conduct variance analysis in close collaboration with the CFOO and outside accounting team.
• Manage cash flow, forecasting, and all organizational bank accounts.
• Supervise operational accounting, including grants payment processing, payroll, accounts payable, and purchasing.
• Maintain financial reporting and planning systems to support operational needs, including developing reporting capabilities to monitor business performance. Ensure financial systems are effective, accurate, and scalable.
• Update business policies and accounting practices as needed.
• Communicate key financial matters and status reports to the Board.
• Oversee the annual audit; manage relationships with external auditors.
• In collaboration with Human Resources, manage compensation budgeting and administration.

• Oversee investment accounting, transaction reconciliation and reporting processes
• Oversee relationships with external investment advisors and ensure timely, accurate investment reporting.
• Support the CFOO and Investment Committee in reviewing investment policies and monitoring portfolio performance.
• Coordinate the preparation of investment reports and related materials for Board and Committee meetings.
• Assist in the transition of investment operations to an investment team as it is built out

• Coordinate the preparation of Form 990‑PF and other regulatory filings; manage relationship with external advisors
• Ensure compliance with state and federal regulations including, but not limited to minimum distribution requirements, excess business holdings, excise tax calculations, self‑dealing and jeopardizing investment rules

• Support the grants management team with financial due diligence, budget review and risk assessment, as needed
• Coordinate with grants management team to ensure grant disbursements align with budgets, restrictions and documentation requirements
• Monitor multi‑year commitments and cash flow implications
• Oversee reconciliation between grants management system and financial systems, ensuring accuracy of grant…