Financial Controller

Precision Life Sciences - Princeton, NJ, United States

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.

 

 



Posted On: Thursday, June 13, 2024



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