Associate Director, Financial Planning and Analysis

Associate Director, FP&A

Sumitomo Pharma America (SMPA) is focused on delivering therapeutic and scientific breakthroughs in areas of critical patient need spanning psychiatry & neurology, oncology, urology, women’s health, rare disease, and cell & gene therapies. The company’s diverse portfolio includes several marketed products and a robust pipeline of early- to late-stage assets. Building on Sumitomo Pharma’s 125-year legacy of innovation, SMPA leverages proprietary in-house technology platforms and advanced analytics capabilities to accelerate discovery, development, and help bring novel therapies to patients sooner. SMPA is a Sumitomo Pharma company. [For more information, visit Sumitomo-pharma.com]

Job Overview

We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Associate Director, FP&A.  Position serves as a key business partner to the T&Q organization offering key financial and strategic insights related to Operating Expense and overall P&L management.

Job Duties and Responsibilities

• Serve as financial advisor to the T&Q organization, including VPs in Manufacturing, Quality, Supply Chain, CMC, and CPC, as it relates to Operating Expense Management.
• Lead key analytics including CPC facility business support, overhead production allocations, etc.
• Lead R&D finance collaboration to support reporting and consolidation of key results.
• Own overhead product allocations.
• Build Collaborative working relationships with partners in financial operations, costing, FP&A, R&D, and Accounting.
• Develop deep understanding of strategy for supported departments and how those strategies are linked to our financial plans; understand the story behind the numbers.
• Complete and submit timely forecasts, annual budgets, and long-range plans for operating expenses and headcount.
• Drive month/quarter/year-end accrual and PO cleanup process in collaboration with the business and accounting teams.
• Build Operating Expense summaries and present commentary on key variances.
• Support T&Q projects including process/system standardization, enabling LRP modeling, consolidated reporting, analytics, etc.

Key Core Competencies

• Strong cross-functional collaboration skills.
• Appetite to learn about the business areas supported and how the financials tie into the strategy.
• Ability to work within a team, sharing ideas for best practices and process improvements.
• Ability to present results to multiple levels of the T&Q and Finance organizations in a clear and concise manner, including VP of FP&A, T&Q Executive Leadership, and corporate partners.
• Strong problem-solving skills, especially related to financial system integration.
• Exceptional interpersonal skills, able to establish strong rapport and partnerships at all levels of the organization.
• Ability to work independently under general guidance, take initiative and complete tasks to deadlines.
• Ability to spot and deliver on improvements.

Education and Experience

• Bachelor’s degree in finance or accounting
• FP&A and Financial Reporting experience
• Advanced expertise in Hyperion, Microsoft Excel, and PowerPoint
• Advanced experience in Oracle ERP
• Minimum 8 – 12 (w/o Master’s) or 6 – 8 years (with Master’s) years of relevant experience in biotech or pharmaceutical industry
• Experience using SAP and Oracle is a plus.
• Experience/exposure to cost accounting is a plus.

The base salary range for this role is $144,700 to $180,900.    Base salary is part of our total rewards package which also includes the opportunity for merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances and leaves provided in line with your work state.  Our robust time-off policy includes unlimited paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours