Director, FP&A

Director FP&A

Location: Greater Boston (Burlington, MA)

The Company:

It’s not often you get the chance to make a real impact on the lives of others, while expanding your own possibilities. You’ll find that rare opportunity at PharmaEssentia. Join us, and let’s transform lives, together.

PharmaEssentia Corporation is a rapidly growing biopharmaceutical innovator. We are leveraging deep expertise and proven scientific principles to deliver effective new biologics for challenging diseases in the areas of hematology and oncology, with one approved product and a diversifying pipeline. We believe in the potential to improve both health and quality of life for patients with limited options today through the combination of rigorous research and innovative thinking.

Founded in 2003 PharmaEssentia Corporation is now listed on the Taipei Exchange (TPEx: 6446) and traded in the European markets. PharmaEssentia is expanding its global presence with operations in the U.S., Japan, China and Korea, along with a world-class biologics production facility in Taichung, Taiwan.

Position Overview:

We are looking for a dynamic Finance and FP&A leader to join our Finance team. This role will contribute to our company’s mission by enabling key decision making with financial insights. You will be exposed to many moving parts of our business and will be a critical thought partner, working across the organization to drive value. You will leverage data, build models, communicate insights, and execute best practices. This role will collaborate and partner with our commercial business leaders and corporate functions to support strategic and financial decision making focused on key commercial and market access, operational improvements, and new business opportunities.

The ideal candidate is motivated, detail-oriented and thrives in a fast-paced environment. This role requires strong leadership, project management, and consultative capabilities for partners at various levels across the organization.

This role will be headquartered in Boston (hybrid in our office 2 days a week). This position reports to Senior Director of Finance and will manage a team of 2: FP&A Manager and Associate Director of Government Pricing and Reporting.

Business Performance: Planning, Reporting, Data Analysis & Modelling

• Provide decision support through financial modeling and analysis.
• Provide insights, and recommendations to the business on its financial performance, focusing on key drivers including trends, and analytical needs.
• Leads the annual budget, quarterly forecasting, partners with G&A financial controller on latest estimate consolidation for all departments
• Leads financial process of the Long Range Plan, closely partners with commercial and brand teams on strategic imperative alignment of the brand plan to financial plan, and commercial operations and analytics on demand and revenue forecasting
• Monitors, analyzes and reports on actual performance against budget, prior year and latest forecast, investigates variances, and proactively identifies risks and opportunities and appropriate action plans/solutions.
• Leads the coordination, compilation, and verification of analytic interpretation of financial reports and analyses, including product profitability for the purposes of QBRs.
• With cross-functional collaboration, prepare financial reporting presentations to ensure that the organization’s narrative of our financial performance and key business drivers is clearly communicated in context of declared strategic objectives
• Develop in-depth understanding of key business drivers, establish and maintain a robust monthly KPI reporting to track and provide appropriate visibility.
• Initiates and facilitates investigation of trends and variances (e.g., business, customer, gross-to-net, supplier, cost, working capital).
• Develops profitability analysis as it relates to gross to net, price/volume & product contribution analysis, measures ROI for key business initiatives.
• Owns Anaplan EPM system, design, automate, and optimize processes, technology, and systems to scale; spread accountability and financial discipline throughout the organization.

Gross-to-Net management

• Lead Gross-to-Net forecasting process across key stakeholders including Commercial and Market Access
• Lead Gross-to-Net alignment sessions for each major forecast update, using data and business insights to influence outcomes and drive informed decisions
• Prepare Gross-to-Net content and present at senior leadership reviews including ELT and President Reviews
• Provide analysis of key changes vs. official forecast to ELT and commercial/Market Access teams and prepare review materials as needed
• Lead GTN Monthly close process to ensure accurate, timely, and compliant execution of monthly close and reporting activities
• Provide clear communication and full visibility into quarterly results and fluctuations vs. forecast and prior periods to ELT, Functional partners Partners, and all other key stakeholders
• Review balance sheet accounts on an ongoing basis to ensure appropriate and compliant reserves
• Support continuous process improvement, simplification, and standardization with goal of increasing efficiency as well as improving forecast and reserve accuracy
• Lead and participate in ad hoc strategic projects and special requests

Government Pricing & Reporting

• Managing, analyzing, and supporting the submission of product and pricing data for federal and state government pricing programs
• Ensures validity of all government pricing metrics prior to monthly and quarterly submission to various federal and state government agencies
• Collaborates with Accounting and Market Access functions to analyze rebate and chargeback data for government pricing calculations ensuring proper classification for inclusion or exclusion in the government pricing calculations and accurate and timely pull through for GTN statutory accrual as well as forecasting purposes
• Analyzes and presents trends in the government pricing data and answer business questions by using the government pricing data to present to Executive Leadership
• Ensure obligations under the current Federal Supply Schedule (FSS) contract, including annual negotiation of FSS prices and reporting are met in compliance with Federal Acquisition Regulations (FARs) and the Veterans Health Care Act
• Manages PHS 340B program requirements including maintaining membership ensuring that PHS prices are calculated correctly and are loaded into the contract/chargeback system in a timely fashion
• Monitors the Medicare Drug Rebate Program and ensures timely and accurate pull through of the regulatory changes into the GTN as Government Reporting processes
• Ensures appropriate written and electronic documentation kept consistent with approved policy and various compliance requirements
• Drive FMV analysis for new contracts, implements new policies and/or calculation methodology changes as required
• Ensures departmental compliance with government pricing regulations and required Finance controls presenting to internal audit on an quarterly/annual basis
• Conducts and provides meaningful analysis to the organization on issues relative to government pricing to support informed business decisions as new contract strategies are presented

Management and Leadership

• Excellent business-savvy with a consultative approach; ability to influence and collaborate with senior level leaders across organizational lines
• Excellent leadership skills and proven ability to develop relationships and establish trust with associates at all levels
• Strong project management skills: ability to effectively lead implementation of key business initiatives
• Strong ethical nature and able to foster an environment of governance
• Strong drive for data integrity, process definition, and organizational alignment

Education and Required Skills

• BS degree in Finance, Accounting, or Economics or equivalent experience and 10+ years of finance or consulting work experience
• General knowledge of accounting principles, both US GAAP and IFRS
• Pharma or biotech experience with and in-depth an understanding of gross-to-net drivers and hands-on GTN forecasting and accrual experience.
• Experience in a multinational or global operating business in a plus.
• Proficient in Microsoft Office, with advanced knowledge of Excel (financial modelling and analysis techniques)
• Proficiency with Anaplan and SAP S4 is a plus
• Strong attention to detail with an aptitude to learn and think on your feet
• Must demonstrate the ability to provide customer-oriented services, proficiency, and expertise in simplifying and explaining finance related policies, procedures, and complex financial issues to non-finance professionals
• Meet objectives through collaborative working style, transparent communication and care in your work and interactions with colleagues
• Change management skills and self-awareness to take varying approaches with a dynamic set of stakeholders.
• High sense of urgency, work ethic, and must be flexible
• Objective, organized, self-starter, performance oriented
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to operate independently, think creatively and critically, manage multiple projects and ambiguity in fast-moving environment.
• Strong ethical nature and able to foster an environment of governance

Benefits of working with our team:

PharmaEssentia USA strives every day to improve the lives of patients as well as our employees. As a valued member of PharmaEssentia USA, you will enjoy the following benefits:

• Comprehensive medical coverage: 80% employer paid
• Dental coverage: 90% employer paid
• Vision coverage: 100% employer paid
• Generous paid time-off
• 401(k) retirement plan with competitive company match
• Medical & Dependent Care Flexible Spending Account
• Up to $150 monthly cell phone reimbursement
• Employee Assistance Program

EEO Statement:

At PharmaEssentia USA, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. PharmaEssentia USA believes that diversity and inclusion among our team are critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

PharmaEssentia does not accept unsolicited agency resumes. Staffing agencies should not send resumes to our HR team or to any PharmaEssentia employees. PharmaEssentia is not responsible for any fees related to unsolicited resumes from staffing agencies.