Global R&D Study Forecasting Manager

The Global R&D Study Forecasting Manager is responsible for managing the activities of the study forecasting group for the Oncology Therapeutic Area. The manager drives the planning and execution of forecasting outputs and analysis for Plan, LBE, LRP and Portfolio submissions. The manager has knowledge across the Oncology clinical studies and establishes standards across the team by coordinating study cost analysis and financial modeling. The manager is a partner for the clinical product development organization by providing study cost information and is crucial in ensuring business partners get the insights and analysis needed for governance driven decisions. The manager also leads process initiatives and drives clinical study savings projects.
Key Responsibilities Include:

• Direct a team of three analysts that partner with the clinical and medical organizations on clinical trial costs.
• Accountable for ensuring that the team provides accurate prediction of clinical trial operating expenses, using cost driver-based algorithms and pulling together data from multiple systems in a timely manner to meet the financial and portfolio management deliverables and submissions.
• Highly proficient in analyzing clinical contracts, evaluating data trends and combining formulas to develop prediction algorithms.
• Responsible for leading the team to follow processes by updating previously established forecasts at a cadence (monthly LBEs, Quarterly R/OSS reviews).
• Enthusiastically understands the interdependencies of clinical trial study costs to explain and provide clear concise financial advice and transparency to both clinical and finance partners
• Provides mentorship for the team to conduct scenario planning and costing of clinical studies to support portfolio submissions, key strategic governance meetings and business development opportunities
• Ensures a reciprocal attitude across the team by driving partnered interactions with both external and internal partners and leading by example to drive improvements as well as applying expertise to recommend standard methodologies, and system and operational improvements.
• Supports the growth and development of direct reports.
• Strong performance attitude and focuses on partnership, relationship-building, acting fearlessly and constructively, and has a high level of agility and accountability

Basic:

• BA/BS Degree in finance and/or health/life sciences preferred
• 8+ years of forward-thinking experience.
• Strong communication, presentation and interpersonal skills
• Detailed understanding of financial management, budget processes, forecasting, data analysis and expense valuation metrics
• Ability to drive new ways of working and understanding of the function of Forecasting in the R&D and create robust business processes related to the Forecasting function.
• Experience establishing teams with the appropriate mix of capabilities, as well as coaching and training team members to be collaborative business partners
• Previous experience working effectively in a reciprocal, fast-paced, cross-functional environment; ability to represent the work across all functions is a plus
• Perform quality oversight to ensure integrity and accuracy of forecasting outputs
• Excellent interpersonal (verbal and written) and ability to delegate to staff multiple priorities and drive agility and accountability.
• Self-starter with ability to operate independently, drive processes, identify and implement operational improvements, establish and adjust priorities to achieve objections and operate with speed and agility.
• Ability to thrive in a dynamic environment, prioritize and respond to changing needs of the business