Senior Director, US Commercial Finance Operations and GTN

Cambridge, US; New Jersey, US   |   full time   |   Job ID: 11319 

 

 

About the role:  

BioNTech is a global biotechnology company pioneering breakthrough therapies for cancer and infectious diseases. Leveraging cutting-edge science, we deliver transformative treatments by unlocking the immune system’s full potential. As a Nasdaq-listed company, BioNTech collaborates with leading pharmaceutical partners such as Pfizer, Roche, and Genmab. Our oncology pipeline spans mRNA-based therapeutics, cell therapies, bispecific antibodies, small molecules, and antibody conjugates. Together, we advance individualized medicine and innovative immunotherapies that aim to improve patient outcomes.  

 

At BioNTech, every team member contributes to pushing the boundaries of science and medicine, taking part in a collaborative workplace designed for transformational discovery. Join us as we continue to redefine what's possible in oncology care.  

 

Your Contribution:

 

• Accountable for maintaining financial oversight for sales related processes including compliance to SOX and federal anti-kickback statues in the US.
• Enabler of US development of infrastructure and operational finance processes in cooperation with global stakeholders like Global Process Owners and Global Financial Reporting & Accounting and Global Commercial Finance. Responsible for L2C process execution in the US.
• Full accountability for G2N by preparing and reviewing journal entries, account reconciliations, and true-ups for sales deductions for the month-end closing
• Support the establishment of the Gross to Net Process for BNTX USA with the proper systems in close collaboration with the local & global stakeholders like the global GPO L2C and build internal capabilities in Finance USA
• Apply expert knowledge of discounts, rebates, Government Pricing, Commercial/Government payers and the impact on ASP/net cost recovery
• Lead US G2N reserve analysis and forecasting, mitigating risk and ensuring accurate revenue recognition across commercial and government channels (e.g. Medicare, Medicaid, PBMs).
• Analyze variances between actuals and forecasts, providing strategic insights to US leadership regarding pricing, payer mix, and product launches.
• Manage the Government Pricing Reporting
• Managing outsourcing partners like external G2N provider,  3PLs or 5 PLs in terms of BNTX requirements and interfaces plus the assessment of the proper internalization strategy of tasks together with local & global stakeholders
• Serve as the primary point of contact for external and royalty audits, maintaining comprehensive "Reasonable Assumptions" documentation and SOX-compliant SOPs.
• Drive the transformation of the US Finance organization from research centered to a commercial centered organization together with the US Finance Leadership Team
• Build up and lead an internal team over the upcoming years for some of the activities 

 

A Good Match:

 

• Finance Degree preferably CPA
• Curiosity to set up new processes from scratch in a fast-moving environment with global and local stakeholders
• 10+ years of  experience in US pharma preferably oncology in Gross to Net, Accounts Receivable, Government pricing & the relevant general accounting activities.
• Knowledge of distribution, group purchasing organizations, financial implication of patient support programs and 340B
• Public accounting experience preferably in a SOX environment
• Experience in ERP transformation projects
• Willingness to take personal accountability to establish new processes in a fast moving environment with local & global stakeholders
• Demonstrated experience working through ambiguity
• Onsite presence required
• Role can be located in Cambridge, MA or Berkeley Heights, NJ 

 

 

Expected Pay Range: $198,900 to $318,300/year + benefits, annual bonus & equity (bonus and equity is variable and dependent on company and individual performance). *Compensation for the role will depend on several factors, including responsibilities of the job, education, experience, knowledge, skills, and abilities.

 

 

Your Benefits:

 

BioNTech US is committed to employee wellbeing and offers best-in-class benefits & HR programs to support an inclusive & diverse workforce. Salaried/Position-Targeted Hourly Employees working 30+ hours per week are eligible for our comprehensive benefits package. Benefits include but are not limited to:

 

• Medical, Dental and Vision Insurance
• Life, AD&D, Critical Illness Insurance
• Pr