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Finance Manager - Clinical Development

Employer
Novo Nordisk
Location
Plainsboro, NJ
Start date
Jul 26, 2024
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Job Details

About the Department                                                                                                                                               

The Clinical Development, Medical and Regulatory (CMR) department at Novo Nordisk is one of the most diverse and collaborative groups within the organization. From health-care-provider interactions and developing and implementing regulatory strategies with the FDA to providing medical education and collecting data to support efficacy and new product development, CMR is involved. The one thing that keeps us all marching to the same beat is our patient-centered focus. At Novo Nordisk, you will help patients around the world. As their needs evolve, so does our challenge to find better and more innovative ways to improve their quality of life. We’re changing lives for a living. Are you ready to make a difference?

 

The Position

The CMR Business Planning & Strategy Manager will be responsible for facilitating the creation and management of financial budgets and resource strategies for a VP Function of the Clinical Development, Medical & Regulatory Affairs (CMR) Business Unit. The ideal candidate will possess a strong grasp on budgeting, staffing & capacity management as they relate to short- and long-term forecasting within CMR. The incumbent will ensure the timely delivery, accuracy, and transparency of budget(s) to their VP stakeholder and/or business partner as required. They will also ensure budget and resource strategies are being followed, in alignment with NNI or CMR strategies.

 

The CMR Business Planning & Strategy Manager will need to build strong relationships with their stakeholders and/or business partners and will be required to participate and present at cross-Functional VP meetings in order to provide budget and resource updates. The incumbent will also need a strong mindset of continuous improvement and always be looking for efficiencies and improvements to the budget process and resource strategies, especially in the areas of standardization, digitalization, and implementation of best practices.

 

Relationships

The Manager, reports to the Director, CMR Business Planning & Strategy. The incumbent works closely with associate directors, directors, VPs, and other senior leadership across the organization, including Legal, Finance, and other Functions within Clinical Medical and Regulatory (CMR).

 

Essential Functions

  • Facilitates the creation and management of budgets and resource strategies within a VP Functional area of Clinical Development, Medical & Regulatory Affairs
  • Works with business partners inside and outside of CMR to ensure resource strategies are being implemented into their responsible VP area and monitors progress throughout the year. This includes following local and HQ level models, strategies, or initiatives, as required
  • Ability to interpret resource projections and challenge resource requests to ensure demand is met while maintaining acceptable tolerances
  • Ensures accuracy and transparency of VP operating budgets by following company budget timelines and by conducting accruals, chargebacks, and reallocations as required
  • Creates budget and resource reports with variance commentary, including identified risks and opportunities, and presents to the VP area on at least a monthly basis
  • Responsible for providing financial and FTE data to Finance Business Partners at assigned frequencies, including annual budget (AB), month end, rolling estimate (RE), and long range (e.g 3-5yr)
  • Ability to identify and pursue new ideas, solutions, methods or opportunities; foster innovation through appropriate risk-taking and experimentation
  • Ability to quickly adapt to changing situations while ensuring alignment of deliverables across business units
  • Serves as an expert in Scientific Resource Management on company key policies and processes related to financial assumptions, KPIs and milestones
  • Participates in UAT and facilitates implementation of new budget and resourcing tools (e.g. Workfront)
  •  

    Physical Requirements

    0-10% overnight travel required.

     

    Qualifications

  • Bachelor’s Degree required with a focus in Finance, Business Administration, or similar
  • MBA preferred
  • Minimum of 6 years of experience required; direct experience handling resource plans or budgets a plus
  • Demonstrated ability to work in a cross-functional, fast-paced environment
  • Ability to manage short- and long-term priorities while working with time sensitive deadlines
  • Excellent communication skills and ability to speak to all levels of an organization
  • Ability to problem solve and present solutions. Advanced capability in Excel, PowerPoint and Word required; SAP experience is a plus
  • High level of independence, integrity, and accountability
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    We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

     

    At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.

     

    Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

     

    If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

    Company

    Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 54,400 people in 80 countries and markets its products in around 170 countries. For more information visit novonordisk.com.

    Our US Research & Development hub, located in the Greater Boston area, brings together the best talent to drive life science innovation. Located in Lexington, Watertown and Cambridge, our teams reflect the full scope of R&D, from early research through late-stage clinical development. We are building for the future by creating a distinct R&D community based on collaboration, partnerships, and cutting-edge research across multiple modalities and therapeutic areas. We recognize that improving human health starts here and that patients rely on us. By combining the speed and agility of biotech with the quality, resources, and stability of a large pharmaceutical company, our US R&D hub will benefit from the best of both worlds to develop new medicines that meet the needs of patients.

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    Company info
    Website
    Phone
    617-612-6200
    Location
    75 Hayden Avenue
    Lexington
    MA
    02421
    United States

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