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Vice President, US Region Controller

Employer
Takeda
Location
Cambridge, Massachusetts
Start date
Feb 4, 2025
View more categoriesView less categories
Discipline
Administration, Accounting
Required Education
Bachelors Degree
Position Type
Full time
Hotbed
Genetown, Best Places to Work

Job Details

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Job Description

Vice President, US Region ControllerTakeda PharmaceuticalCambridge, MA or Exton, PAAbout the role:

Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as the Vice President, US Region Controller reporting into the Chief Financial Officer (CFO), US Business Unit (USBU). You will be a key member on the USBU Finance Leadership team and have two direct reports and three in-direct reports. The position also liaisons with the Global Controllership function and is a member of the Chief Accounting Officer’s Leadership team.

Key Objectives are as follows:

  • Takeda lead for US Region audit (all Takeda Management unit/functions operating in the US, which account for approximately half of the overall Takeda balance sheet)

  • Key Takeda contact for external auditor/audit partners for the US

  • Accountable to collaboratively produce quarterly US combined balance sheet and P&L analysis package (all Management unit/functions, including tax) to be reviewed internally and by external auditors

  • Accountable to improve internal cross-functional processes, analytical reviews and monthly/quarterly close timing for all US stakeholders

  • Align agendas/objectives and processes with SOX team

  • US legal matters SOX control owner

How you will contribute:

US Commercial Business Unit (USBU)

  • Oversee revenue recognition process (gross-to-net) of ~$13B of USBU product sales over multiple legal entities for a diverse portfolio of products, including management of the Commercial Controllership team

  • Provide accounting and finance expertise for USBU initiatives and projects.

  • Responsible for managing external audit, as well as compliance with SOX requirements in the USBU

  • Involved in management reporting roll-up and reviews in coordination with CFO and FP&A lead

Revenue Accounting (USBU scope)

  • Oversee revenue recognition process (gross-to-net) of $13B of USBU product sales over multiple legal entities for a diverse portfolio of products, including management of the Commercial Controllership team

  • Ensure IFRS and statutory financial requirements related to managing analysis, accounting, reconciliation and reporting of net sales and related accruals.

  • Drive efficiency through all revenue recognition processes ensuring consistent, highly controlled, reliable and repeatable solutions, leveraging existing systems wherever possible. Ensure processes are easily managed and can quickly identify issues within the data they control.

  • Serve as USBU SOX champion

  • Validation/control and upfront approval on all POs above $1MM

Technical Accounting and Related Activities

  • Provide accounting and finance expertise for US related topics.

  • Identify and evaluate improvement opportunities, review those opportunities with relevant stakeholders, and work with the team to implement the improvements.

  • Coordinate with Takeda Business Solutions to ensure that business transactions are properly recorded.

  • Manage both internal and external audit and reporting requirements, including quarterly and annual data submissions and audits, data gathering for and implementation of new accounting standards, and government reporting.

  • Overall responsibility for compliance with SOX requirements in the USBU.

Minimum Requirements/Qualifications:

Required:

  • BA/BS Degree in Accounting

  • 15+ years accounting/finance experience with at least 10 years of management/supervisory experience

  • Experience identifying and implementing process improvements affecting other stakeholders (enterprise level, Other MU controller, TBS, technical accounting)

  • Experience working with all levels and disciplines of people within a large organization

  • Ability to drive to or fly to various meetings – infrequent overnight travel. Occasional international trips may be required.

Preferred:

  • MBA or MS in Finance or Accounting.

  • CPA, Big Four experience

  • Experience working in a pharmaceutical or healthcare setting.

Knowledge and Skills:

  • Business oriented decision maker with strong management and analytical skills.

  • Pragmatic but with strong attention to details

  • Ability to deliver effectively in volatile surroundings and with tight deadlines

  • Strong ethics and integrity

  • Result orientated, motivated, reliable and trustworthy

  • Ability to interact and manage expectations of internal/external executive leadership (President, CFOs, and senior audit partner)

  • Deep knowledge of all aspects of financial management – budgeting, forecasting and financial planning, including consolidation across the company

  • Strong experience in creation of business plans, strategic and long-term plans and acquisition management, including implementation experience of controlling and financial activities

  • Management and process experience connected to M&A (integration, post-merger monitoring)

More about us:

At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.

Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

This position is currently classified as "hybrid" in accordance with Takeda's Hybrid and Remote Work policy.

Takeda Compensation and Benefits Summary

We understand compensation is an important factor as you consider the next step in your career. We are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices.

For Location:

Cambridge, MA

U.S. Base Salary Range:

$252,000.00 - $396,000.00

The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.The actual base salary offered will be in accordance with state or local minimum wage requirements for the job location.

U.S. based employees may be eligible for short-term and/or long-termincentives. U.S.based employees may be eligible to participate in medical, dental, vision insurance, a 401(k) plan and company match, short-term and long-term disability coverage, basic life insurance, a tuition reimbursement program, paid volunteer time off, company holidays, and well-being benefits, among others. U.S.based employees are also eligible to receive, per calendar year, up to 80 hours of sick time, and new hires are eligible to accrue up to 120 hours of paid vacation.

EEO Statement

Takeda is proud in its commitment to creating a diverse workforce and providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, parental status, national origin, age, disability, citizenship status, genetic information or characteristics, marital status, status as a Vietnam era veteran, special disabled veteran, or other protected veteran in accordance with applicable federal, state and local laws, and any other characteristic protected by law.

LocationsCambridge, MAUSA - PA - Exton

Worker TypeEmployee

Worker Sub-TypeRegular

Time TypeFull time

Job Exempt

Yes

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Company

For over 240 years, Takeda’s propensity to evolve has driven the next generation of innovation. Today, our organization spans the globe—colleagues across business units and functions face challenges head-on to deliver life-transforming treatments, guided by our commitment to patients, our people and the planet.

As a values-based, R&D-driven biopharmaceutical leader headquartered in Japan, we focus our R&D efforts on four therapeutic areas: Oncology, Rare Genetics and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. In addition to our R&D efforts, we’re laser-focused on harnessing the power of data, digital, and technology to improve health outcomes for patients across the globe.

 

Since our founding in Japan, integrity and putting patients first have been at the heart of our identity. We're proud of our employees and their commitment to improving the quality of life for patients, and to working with our partners in health care in approximately 80 countries and regions. With each new breakthrough comes opportunities to develop your career, hone new skills, and create a brighter future

For more information, visit https://jobs.takeda.com/

Company info
Website
Location
650 East Kendall Street
Cambridge
MA
02421
United States

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