Associate Director Financial Planning & Analysis

Location
Cambridge, MA, United States
Posted
Sep 19, 2019
Ref
R-03710
Hotbed
Genetown
Required Education
Bachelors Degree
Position Type
Full time
Summary

The Associate Director, FP&A is accountable for internal financial reporting and forecasting in support of assigned Ipsen Biopharmaceuticals Functions supporting the North America (NA) commercial operations.

This position will partner and provide support to the executive level management and other functional groups enabling effective financial analysis, reporting, and forecasting of operating results to enable sound business decisions in accordance with IFRS and budget. A main focus will be on serving as a key point of contact for the consolidation, analysis, reporting and presentation of financial forecasts and performance for the commercial business. This role will play a lead in managing the overall headcount, related staff costs and compensation approach from a Finance perspective for NA and liaise with Finance controllers in other US based functional areas. In addition, the successful candidate will need to collaborate with several different functional groups, and business partners for ad hoc analysis as well as implementing systems and procedures in accordance with corporate objectives. This position will supervise two FP&A Managers that manage the budgets for several commercial and support functional areas, including oversight of work and managing relationships with business partners.

The position will report to the Senior Director, Financial Planning & Analysis for North America Commercial Operations and will be based in Cambridge.

Main responsibilities / job expectations

Responsibilities will include, but are not limited to, the following:

  • Build comprehensive understanding of all core business functions of Ipsen's organization and apply that knowledge to effectively manage strategic and tactical initiatives according to our vision
  • Influence at all levels of Ipsen Group (R&D, TechOps, BD, Global Medical, etc.) as appropriate
  • Lead the monthly close process with Finance and Accounting teams to ensure monthly financial results are analyzed and summarized accurately
  • Work with internal Finance controllers to effectively analyze financial performance including drives of performance and potential impact of current and future projections
  • Prepare monthly financial reports and metrics and presentations including the roll up of headcount, functional budgets and capital expenditures for NA Commercial leadership as well as review results to business partners
  • Review and prepare month-end journal entries in the areas of PO approvals / accruals and provide financial support for responsible business partners; Review financial results with business partners
  • Report consolidated US financial results to Corporate Office monthly
  • Develop and maintain partnerships with responsible business partners, directly managed and functions managed by staff
  • Lead the budgeting and close process for key headcount related areas including bonus, incentive compensation, benefits and social charges, including variance drivers
  • Communicate and coordinate with other departments (senior management and directors) on various financial issues
  • Manage the headcount planning (compensation and benefits assumptions) for NA staff as well as maintain ownership and tracking of budgeted Headcount positions
  • Prepare and update financial forecasts and analyses and long-range projections, as required, for responsible business partners
  • Assist with the development of forecast presentations to NA Commercial leadership as well as Corporate Executives
  • Manage 401K Plan Committee Periodic Meetings to ensure appropriate analysis of financial performance as well as ensuring compliance with plan requirements
  • Manage Insurance requirements; Serve as a liaison to vendor(s) and Corporate Insurance to ensure consistency, best practices and optimization of services
  • Serve as a backup resource for Budget/Forecast reporting to Corporate (TM1)
  • Assist the Sr. Director, Finance with key Finance operations as needed, including: Serve as PMO on key Finance initiatives, policies and procedures, training & development needs
  • Play a key role in the requirements gathering and roll out of enhanced finance system improvements (TM1) and digital solutions
  • Provide day-to-day supervision of two Finance staff positions.
  • Engage in goal setting, coaching and mentoring of Finance staff.
  • Support other Finance functions as needed: Tax, Accounting, Transparency, Government Pricing

Comply with all laws, regulations and policies that govern the conduct of Ipsen U.S. staff

This position may infrequently require working after hours and weekends to meet specific deadlines for reporting and special projects, and travel to various Ipsen sites domestically and internationally

Knowledge, abilities & experience

Education / Certifications:
  • BS in Finance, Accounting or relevant degree,
  • MBA is strongly preferred
  • CPA preferred.


Experience:
  • 10+ years of relevant, demonstrated & practical experience developing robust financial forecasts and financial analyses across multiple finance disciplines (sales, expense, capital)
  • Proven track record in leading/managing a financial planning, budgeting, and forecasting/business modeling function/process.
  • Ability to build financial presentations for executive leadership and present financial results
  • Thorough understanding of financial statements and the interface between external reporting, management reporting and budgeting/forecasting
  • Prior Big 4/financial accounting experience desired, not required
  • Prior leadership experience in a corporate FP&A function
  • Solid understanding of IFRS
  • Expertise in Finance and analytic tools including Excel, SAP, TM1, RDL
  • Expertise is Microsoft Office Suite


Key Technical Competencies Required
  • Highly self-motivated, dedicated, committed expert with prior experience supervising/managing an FP&A team / business analytic function.
  • Adept at managing / influencing without authority - able to lead and follow as required and function independently
  • A hands-on, take-charge financial professional with strong analytical skills and common sense.
  • High level of integrity and dependability with a strong sense of urgency and results-orientated.
  • Strong organizational, leadership, analytical and problem-solving skills
  • Excellent verbal/written communication & presentation skills, including to executive leadership
  • Team building and interpersonal skills, with leadership presence to effectively collaborate across functional teams
  • Ability to manage multiple priorities
  • Action and solution oriented to take ownership of tasks and follow through to successful completion
  • Collaborator with colleagues in-side and out-side of the accounting and finance group
  • Possess an operational excellence 'mind-set' to improve processes
  • Strong business partnering skills, including ability to support a diverse set of functions
  • Ability to navigate multiple reporting lines with differing deliverables and timelines
  • Ability to handle confidential information in an appropriate manner.
  • Ability to work under high pressure
  • PC literacy required; MSOffice skills (Outlook, Word, Excel, Power Point)


This position may infrequently require working after hours and weekends to meet specific deadlines for reporting and special projects, and travel to various Ipsen sites domestically and internationally

IPSEN is an equal opportunity employer that strictly prohibits unlawful discrimination. We recruit, employ, train, compensate, and promote without regard to an individual's race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, mental/physical disability, medical condition, marital status, veteran status, or any other characteristic protected by law.