Cordis Manager, FP&A, Global Innovation (Remote) in Boston, Massachusetts
SUMMARY: This Manager of FP&A, Global Innovation, will be a Strategic Business partner for the Cordis VP R&D, Chief Medical Officer (responsible for Clinical and Medical Affairs), Cordis VP Global Strategic Marketing and Director Business Development.
Modeling, challenging assumptions and assessing value opportunity of new projects as well as tracking performance of launched Innovation projects is a key responsibility.
Projects may include Internally managed New Product Development priorities as well as external New Business Development partnership agreements.
Building financial models that leverage assumptions from the various marketing and commercial teams to support NPV analysis is a critical part of the scope for this role.
Provide analysis in support of the monthly Project Investment Board (PIB) stage gate project review process.
From time to time, participate as a core team member for pre launch project phases.
Participate in the long Range portfolio opportunity analysis on a biannual basis.
The role is supported by a direct report that is responsible for Budget, Forecast, Actual analysis for Cordis R&D and Clinical spend budgets worldwide.
Perform NPV analysis for internal New Product Development projects through coordination with marketing, manufacturing and operational finance contacts.
Model value associated with external Business Development Product Distribution partnerships.
Support Project level expense tracking and forecasting for projects within the R&D portfolio
Heavy business partnering required with functional leads from each area
Drive the R&D, Clinical Trials, Medical Affairs, Clinical Education and CME grant functional annual budgeting process
Analyze actual spend and forecast changes versus budget throughout the year
Analyze and submit accrual entries required at month and quarter end to ensure appropriate expense is incurred for R&D projects and Clinical Trials expense
Support ad hoc analysis and dig into variance drivers to support management discussion and decisions
Support Capital Appropriation Requests for Capital investments. Complete CARs (Capital Approval Requests) and forecast and track spend against approved CARs and Budget required Capital for future years
Review term sheets and provide finance feedback
Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projects
May contribute to the development of policies and procedures
Works on complex projects of large scope
Develops technical solutions to a wide range of difficult problems. Solutions are innovative and consistent with organization objectives
Completes work independently receives general guidance on new projects
May act as a mentor to less experienced colleagues
• Bachelors’ degree in related field, Finance or similar
• 8+ years of experience in related field, including but not limited to Finance, Audit, or Accounting
• Knowledge with SAP, JDE, Legal Contracts, and Market Modeling a plus
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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