Company introduction:
Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. The Company is headquartered in London, UK, with offices in New York City in the US. We focus on developing novel treatments that have the potential to improve the lives of those who are suffering with mental health conditions and who are not helped by current treatments.
We are pioneering a new paradigm for treating mental health conditions focused on rapid and durable responses through the development of our investigational COMP360 synthetic psilocybin treatment, potentially a first in class treatment. COMP360 has Breakthrough Therapy designation from the US Food and Drug Administration (FDA) and has received Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD) due to the pressing unmet need in this area.
We are currently in phase 3 for TRD, have completed phase 2 studies for both post-traumatic stress disorder (PTSD) and anorexia nervosa and are planning a further late-stage study in PTSD. We envision a world where mental health means not just the absence of illness but the ability to thrive. - Compass Pathways.
Job overview:
The Manager, Transactional Finance will lead the day-to-day management, optimization, and control of Accounts Payable (AP) and Accounts Receivable (AR) activities across Compass Pathways' UK and US operations.
This role plays a key part in ensuring accurate, timely, and compliant transaction processing, while supporting strong working capital discipline and scalable finance operations in a growing international biotech company.
Working closely with the wider Finance team and cross-functional stakeholders, you will combine hands-on operational ownership with process improvement, controls, and team development in line with Compass' culture and values.
Location: Prefer Hybrid in London but will consider remote (East Coast, USA)
Reports to: Director, Financial Controller.
Responsibilities
(including but not limited to):
- Lead the end-to-end Accounts Payable and Accounts Receivable processes across the business, ensuring transactions are processed accurately, efficiently, and in line with agreed timelines
- Oversee supplier onboarding, CLM to ERP reconciliations, 3PL management, invoice processing, payment runs, and employee expense reimbursement workflows
- Ensure compliance with US and UK laws and regulations surrounding vendors and customers, with specific reference to DCSCA and Sunshine Act Reporting
- Manage customer invoicing, cash application, collections, and the resolution of overdue balances across UK and US operations
- Own AP and AR close activities, including aging reviews, balance sheet reconciliations, and investigation of outstanding items
- Partner with budget owners and stakeholders to resolve supplier queries, payment issues, customer account matters, and process gaps in a timely manner
- Maintain and continuously improve Purchase to Pay and Order to Cash controls, including Delegation of Authority governance
- Drive process improvements and automation opportunities across transactional finance, leveraging systems such as NetSuite, Concur, Workday Adaptive, and Workiva where relevant
- Build, coach, and develop AP and AR capability as the organization grows, supporting scalable processes in a fast-moving, regulated environment
- Contribute to broader finance initiatives including systems enhancement, process harmonization, policy development, and ad hoc analysis as required
Candidate Profile:
- Proven experience in Accounts Payable and Accounts Receivable within a multi-entity or international Biotech
- Strong understanding of transactional finance processes, controls and reconciliations
- Experience supporting month-end close and balance sheet accounts
- Confident managing invoice queries, payment issues and customer account matters
- Experience with supplier onboarding, collections and cash application
- Demonstrated ability to improve processes and support automation initiatives
- Strong stakeholder management and communication skills
- Experience managing or mentoring team members is a plus
- Exposure to NetSuite, Concur, or Workiva is advantageous
- Experience in a fast-paced, regulated, or high growth environment is preferred
- Committed to Compass's ethos and values
For an overview of our benefits package and compensation information, please visit "Working at Compass".
Reasonable accommodation
We are committed to building a workplace where everyone's wellbeing matters. If you need reasonable accommodation during the interview process to be at your best, please let our recruiting team know.
UK applicants
We are proud of our commitment to diversity and equality (pursuant to the Equality Act 2010). We do not discriminate based upon race, religion or belief, colour, nationality, ethnic or national origin, gender, pregnancy or maternity, marital or civil partner status, sexual orientation, gender reassignment, age or disability.
US applicants
Compass Pathways is proud to be an equal opportunity employer. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, and related medical conditions), ethnicity, age, disability, sexual orientation, gender identity, gender expression, military service, genetic information, familial or marital status, or any other status, category, or characteristic protected by applicable law.
Unfortunately, we cannot sponsor employment visas and can only accept applications if you have employment rights in the country to which you are applying.
All data is confidential and protected by all legal and data privacy requirements, please see our recruitment Privacy Notice to learn more about how we process personal data.
