Job Description: Financial Controller

Purpose:

We are seeking an exceptional Director / Group Controller, BD & M&A to create risk-based governance frameworks to handle complex and unique business activities and issues; Lead benchmarking or process improvement initiatives to improve controls and engage in financial analysis. This role will report to the Head of Finance for North America with a hybrid work schedule (3 days in Princeton, NJ and 2 days remote).

Responsibilities:

• Oversee accounting standards selected and implemented by the organization.
• Identify potential issues associated with proposed accounting and reporting rules.
• Design receivables and payables processes and relevant strategies according to best practices.
• Produce guidelines and policy for accounting operations; formulate risk mitigation strategies for bad debts.
• Strategically lead implementation of the design and function of the organization’s chart of accounts according to best practice.
• Implement efficient process changes consistent with best practices; create a corporate culture of compliance and shared accountability.
• Interpret material, labor, variable/fixed overhead and associated variances.
• Apply various costing methods such as standard, marginal and absorption methods and explain corresponding advantages and disadvantages.
• Participate in waste elimination efforts with the business to understand key drivers and cost-reduction opportunities.
• Manage cost challenge processes and work closely with the business to ensure key performance indicators are measuring the right metrics.
• Provide critical inputs to the business planning and expenditure forecasting processes; innovate to enhance the business impact of target setting, planning and budgeting.
• Set and define the framework for BU goals and objectives; lead organization-wide strategy, planning, design and implementation work.
• Interpret and make effective management decisions using benchmarking, trends and other planning and forecasting methods; develop and implement improvements to the planning processes.
• Evaluate and appraise large and complex investments, capital expenditures and financing projects.
• Review outputs of financial and cash flow analyses to develop views and guide management; resolve significant reporting variances or recommend corrective actions where needed.
• Approve and present financial statements and analysis to executive management and provide recommendations for improvements.
• Assess cutting-edge developments in quantitative analysis and incorporate relevant developments into the organization’s methodologies.
• Lead all BD/MA and Divestiture activities from a Finance perspective. This includes In and Out licensing activities. Prep summary recommendations to Head of Finance and Global CFO.
• Develop a taxonomy of intangible value and their drivers to underpin valuation of intangible assets.
• Lead benchmarking or process improvement initiatives to improve controls.
• Responsible for risk governance strategy, creating framework for proactive identification and mitigation

• Identify opportunities for synergy and integration of processes and influence others to identify more efficient sustainable processes
  • Set demanding and realistic targets for process improvement and ensure changes to existing processes are carried out in a systematic and logical way.
  • Identify projects that drive value creation and align them to organizational strategies.
  • Champion projects that have broad implications across the organization by aligning and influencing all key stakeholders.
  • Lead cross-functional business initiatives and encourage team to cultivate relationships across the business.
  • Critically evaluate credibility and reliability of sources of data, information, and digital content.
  • Use digital tools to create knowledge and to innovate processes and products.
  • Demonstrate an understanding of and ability to perform statistical hypothesis testing.
  • Plan, design, implement, analytics and create interactive dashboards as an approach to provide solution for business specific issues

Qualifications / Skills:

•6-12years of relevant working experience and across varied Finance Roles.
• At least 3-4 years of exposure in GFRT.
• Exposure to budgeting, forecasting, accounting standards and compliance regulations.
• Exposure to Pharma industry.
• Bachelor’s/Master’s degree in Accounting, CPA preferred.
• Experience in Handling varied stakeholder and third party vendors.