Associate Director, R&D Finance, Portfolio Analysis
Bristol Myers Squibb
Summary
The Associate Director, R&D Portfolio Analysis position within the R&D Finance organization is responsible for governance support, study costing, forecasting, actuals reporting, and analysis. The successful candidate will be an influential and collaborative finance professional who effectively interacts and influences global program teams and operations teams to understand the development plans, key study drivers, and operational execution so that cost estimates and study accounting is properly reported.
Job description
Major Responsibilities and Accountabilities
Provide Program Support, Governance Support and Budget / Projection Activities
- Manage selected asset programs (early or in-line).
- Support budget and projection preparation, including wind-down accounting for terminated programs.
- Lead forecasting updates in Anaplan within overall TA scope of programs.
- Maintain necessary reports in support of forecast activities and actuals review.
- Perform analysis of changes in assumptions to understand and articulate variance drivers.
- Provide finance estimates to support governance interactions.
- Maintain an open line of communication with Development Team Leads, R&D Finance Leadership and various other stakeholders.
- Drive planning of meetings and review with stakeholders and finance team (Hyderabad Hub) so that deliverables are completed in a timely manner and deadlines are met.
Month-End, Quarter-End Close, Variance Analyses and Reporting
- Analyze and identify root causes for significant variances.
- Ensure quarterly finance reviews with study teams include robust dialogue and open and transparent communication so study performance is accurately reflected in financials.
- Ensure the overall financial controls are designed and operating effectively including quarterly enrollment confirmation process for patient-based data and work performed evaluation for CRO-run studies within the scope of programs.
- Collaborate effectively and efficiently to optimize spend on programs in the wind-down state to ensure financial and operational objectives are met (simplified work performed accounting).
Qualifications
Minimum education of a B.S./B.A. is required, M.S./M.B.A. preferred. Minimum of seven (7) years of finance experience with significant exposure to financial reporting, internal controls, and technical accounting. Ability to prepare and defend financial analyses to support decision making, investigate and conclude on complex accounting issues. Ability to present complex financial data in a clear, understandable, and visually compelling manner. Ability to maintain accurate financial records, applying accounting principles, standards, and regulations to ensure the accuracy, transparency, and compliance of financial reporting. Active engagement with business partners, leveraging each other’s strengths/expertise, developing strategic initiatives and fostering open dialogue to navigate complex challenges and opportunities.
Requirements
- Minimum education of a B.S./B.A. is required
- M.S./M.B.A. preferred
- Minimum of seven (7) years of finance experience
- Significant exposure to financial reporting, internal controls, and technical accounting
- Ability to prepare and defend financial analyses to support decision making
- Ability to investigate and conclude on complex accounting issues
- Ability to present complex financial data in a clear, understandable, and visually compelling manner
- Ability to maintain accurate financial records, applying accounting principles, standards, and regulations
- Active engagement with business partners, leveraging each other’s strengths/expertise
- Developing strategic initiatives and fostering open dialogue to navigate complex challenges and opportunities
Benefits
- Wellbeing support
- Retirement benefits
- Financial protection benefits
- Medical, Dental & Vision
- Life & Disability Insurance
- Flexible Time Off
- Paid company holidays
- Paid sick leave
- Paid volunteer days
- Summer hours flexibility
- Leaves of absence
- Annual global shutdown
Company overview
Bristol Myers Squibb is a global biopharmaceutical company dedicated to discovering, developing, and delivering innovative medicines that help patients prevail over serious diseases. Founded in 1887 and headquartered in Princeton, New Jersey, the company operates with a unique BioPharma strategy that combines the reach and resources of a major pharmaceutical company with the entrepreneurial spirit and agility of a biotech firm. BMS focuses on transformative therapies in key therapeutic areas including oncology, hematology, immunology, cardiovascular disease, and fibrosis. The company has built a sustainable pipeline of potential therapies and leverages translational medicine and data analytics to deliver the right medicine to the right patient at the right time. With over 10,000 employees worldwide, Bristol Myers Squibb maintains a strong commitment to scientific excellence, patient-centric innovation, and global health equity through its foundation. The company's portfolio includes groundbreaking treatments such as Opdivo (nivolumab) for cancer, Eliquis (apixaban) for cardiovascular conditions, and Orencia (abatacept) for autoimmune diseases, among others.