Eagle Pharmaceuticals - Westwood, NJ

posted 4 months ago

Full-time - Manager
Westwood, NJ
Chemical Manufacturing

About the position

As the Manager of Financial Planning & Analysis, you will play a pivotal role in leading the forecasting and reporting for our company's research and development (R&D) initiatives, while also supporting the initiatives within our supply chain operations. This position requires a collaborative approach, as you will work closely with R&D and supply chain leadership to develop and manage budgets, analyze project performance, and provide strategic financial insights that are essential for fostering innovation and driving business growth. Your expertise in US pharmaceutical R&D processes, strong project management skills, and excellent financial acumen will be critical in partnering with key stakeholders across the organization to achieve these goals. In this role, you will be responsible for financial planning and reporting, which includes partnering with R&D and supply chain leadership to create annual budgets, latest estimates, and long-term strategic plans. You will ensure that all submissions are supported by detailed initiatives and that deadlines are met in a timely manner. Monitoring and tracking R&D and supply chain project spending against budgets will be a key responsibility, along with providing standard financial analysis and reporting on the progress and performance of R&D projects, including variance analysis. You will also identify opportunities to optimize resources and improve cost efficiency, preparing financial models on R&D pipeline products to support the financial viability of investments, including ROI analysis, break-even analysis, and peak revenue assessments. Your role will also encompass project management, where you will implement processes to accurately track and report R&D expenses by project, activity, and department. Collaborating closely with project managers and cross-functional teams will be essential to ensure the timely and accurate recording of project costs. You will conduct variance analysis to identify key drivers and monitor key performance indicators (KPIs) related to supply chain costs, inventory levels, and working capital to identify risks and opportunities for continuous improvement. Strategic financial planning and decision support will be another critical aspect of your role. You will assist R&D leadership in evaluating new investment opportunities and assessing the financial feasibility of R&D projects. Developing business models to support decision-making on R&D portfolio management, resource planning, and technology investments will be part of your responsibilities. Additionally, you will provide strategic financial insights and recommendations to senior management to optimize R&D strategy and drive innovation. Partnering with the supply chain team to assess financial risks within the supply chain, including evaluating current and new supplier financial stability, currency risk, and commodity price volatility, will also be essential, as you provide proactive recommendations to mitigate these risks. Finally, you will analyze working capital metrics and cash flow drivers within R&D and supply chain, including inventory management, accounts payable, and accounts receivable. Developing strategies to optimize working capital performance, minimize working capital requirements, and improve the cash conversion cycle will be key to your success in this role.

Responsibilities

  • Partner with R&D and supply chain leadership to develop annual budgets, latest estimates, and long-term strategic plans.
  • Ensure submissions are supported by detailed initiatives and deadlines are met on a timely basis.
  • Monitor and track R&D and supply chain project spending against budgets.
  • Provide standard financial analysis and reporting on the progress and performance of R&D projects, including variance analysis.
  • Identify opportunities to optimize resources and improve cost efficiency.
  • Prepare financial models on R&D pipeline products to support the financial viability of investments, including ROI analysis, break-even analysis, and peak revenue.
  • Ensure commercial demand forecasts are aligned with supply chain planning.
  • Responsible for inventory accounting including tracking movements, inventory reserves, and reconciliations.
  • Lead the monthly R&D close process including recording R&D accruals in accordance with generally accepted accounting principles.
  • Implement processes to accurately track and report R&D expenses by project, activity, and department.
  • Work closely with project managers and cross-functional teams to ensure timely and accurate recording of project costs.
  • Conduct variance analysis to identify key drivers.
  • Monitor key performance indicators (KPIs) related to supply chain costs, inventory levels, and working capital to identify risks and opportunities and drive continuous improvement.
  • Assist R&D leadership in evaluating new investment opportunities and assessing the financial feasibility of R&D projects.
  • Develop business models to support decision-making on R&D portfolio management, resource planning, and technology investments.
  • Provide strategic financial insights and recommendations to senior management to optimize R&D strategy and drive innovation.
  • Partner with the supply chain team to assess financial risks within the supply chain, including evaluating current and new supplier financial stability, currency risk, and commodity price volatility and provide proactive recommendations to mitigate risks.
  • Analyze working capital metrics and cash flow drivers within R&D and supply chain, including inventory management, accounts payable, and accounts receivable.
  • Develop strategies to optimize working capital performance, minimize working capital requirements, and improve cash conversion cycle.

Requirements

  • Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
  • At least 7 years of experience in finance or accounting roles, with a focus on R&D finance or financial planning and analysis (FP&A).
  • Pharmaceutical experience strongly preferred.
  • Public accounting experience a plus.
  • Understanding of R&D and supply chain processes, project management concepts, and accounting principles.
  • Experience implementing planning tools a plus.
  • Proficiency in financial modeling, forecasting, and analysis, with advanced Excel skills.
  • Detail-oriented with a commitment to accuracy and data integrity in financial reporting and analysis.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior management.
  • Proven business partner with the ability to translate financial concepts into actionable steps.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

Benefits

  • Competitive pay & bonus eligibility
  • 401(k) matching
  • Health, dental and vision insurance
  • Flexible spending and health savings accounts
  • Paid time off
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