Manager, Financial Planning & Analysis

Location
San Francisco, CA, United States
Posted
Nov 17, 2020
Ref
5260-810-R
Hotbed
Biotech Bay
Required Education
Bachelors Degree
Position Type
Full time
Position Overview

Nektar has an exciting opportunity for a Manager, Financial Planning & Analysis to join their Finance & Accounting team.

Track and complete compilation of annual budget and long-term financial plans. Key contributor to the annual consolidated budget process. Monitors status compared to budgets and forecasts for the company in total, by program and/or by function. Prepares financial analyses of recurring and non-recurring transactions to enable Finance review. May supervise & direct the activities of the financial planning & analysis staff.

Receives assignments in the form of objectives and determines how to use resources to meet schedules and goals. Recommends changes to policies and establishes procedures that affect the immediate organization. Works on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends. Follows processes and operational policies in selecting methods and techniques for obtaining solutions. Develops and administers schedules and performance requirements, may have budget responsibilities. Develop and continually refine corporate performance metrics to aid management in achieving objectives. Ensure clear and effective communication between cross functional groups on matters relating to budgeting, planning, metrics, etc. Responsible for the management of a functional area in the Finance organization. May provide guidance to junior staff within the latitude of established company policies. Acts as advisor to junior staff to meet schedules and/or resolve technical problems. May be responsible for providing regular performance feedback, development and coaching to direct reports. Additionally, the duties and responsibilities of this role entails: Budgeting, forecasting & financial analyses:

Oversees and performs the financial requirements for corporate, including:
  • Prepares financial analyses to enable Finance review and evaluation of annual budgets and proposed transactions by Executive Director, Chief Accounting Officer and Chief Financial Officer. Compiles detailed budget from budget owners and facilitates executive management review of functional and consolidated budgets.
  • Tracking Finance responsibilities and timeline for compilation of annual budget and long-term financial plans.
  • Ensures current and multi-year budget & forecast estimates are in line with program strategy timeline and scope.
  • Prepares financial analyses to enable Executive Committee (EC) and Board of Directors (BOD) review and evaluation of annual budgets and proposed transactions.
Financial Operations:
  • Review purchase requisitions (PR's) to ensure activity is within budget and Program's operating plan and forecast.
  • Review contractual agreements to ensure they are sound from a financial perspective and optimize the Company's return.
  • Team with other functional areas (Legal, Purchasing, proponents) to facilitate compliance with purchase approval policies through IT systems and manual processes.
Execution of responsibilities above requires:
  • Communication, coordination and input from (1) business operations (Clinical Development, Clinical outsourcing & Regulatory) and Program Management and (2) between Accounting and FP&A Understanding and analysis of R&D program requirements, interdependencies and cash payment timing, as well as accounting treatment under GAAP.
Skills & Knowledge:
  • Biotech industry experience with clinical trial accounting and/or planning knowledge is required.
  • Previous corporate budgeting and planning experience or accounting experience are required.
  • Excellent project management, analytical, computer and communication (both oral and written) skills are essential.
  • Must be able to demonstrate a high attention to detail with an ability to independently prioritize and organize work/projects/programs.
  • Strong Excel and modeling skills including NPV, IRR and ROI analysis are required.
  • Previous experience with JDE ERP, Business Intelligence reporting software, and Microsoft Access are highly desired.
Education & Job Experience:

A minimum of a Bachelor's degree in a Finance or Business discipline is required. An advanced degree, such as an MBA, is preferred or equivalent experience may be accepted. A minimum of 8 years previous financial planning experience, preferably in the biotech or pharmaceutical industry is required.

We are an Equal Opportunity Employer and do not discriminate against applicants due to race, ethnicity, gender, veteran status, or on the basis of disability or any other federal, state or local protected class. Nektar Therapeutics will consider for employment qualified applicants with criminal histories in the manner proscribed by the San Francisco Fair Chance Ordinance.