Associate Director, Financial Planning & Analysis

Who We Are:


Xenon Pharmaceuticals (NASDAQ:XENE) is a neuroscience-focused biopharmaceutical company committed to discovering, developing, and commercializing innovative therapeutics to improve the lives of people living with neurological and psychiatric disorders. We are looking for great people who thrive in a respectful, collaborative, inclusive, and productive culture to join the Xenon team.


What We Do:


We are advancing an exciting product pipeline to address indications with high unmet medical need, including epilepsy and depression. Our flagship azetukalner program represents the most advanced potassium channel modulator in clinical development for multiple indications. Building upon the positive results and compelling data from our Phase 2b “X-TOLE” study in adult patients with focal epilepsy, our Phase 3 epilepsy program includes multiple clinical trials evaluating azetukalner in patients with focal onset seizures and primary generalized tonic-clonic seizures. In 2024, we are planning to initiate a Phase 3 azetukalner program in major depressive disorder, based on topline data from our Phase 2 “X-NOVA” clinical trial. In addition, we are proud of the leading-edge science coming out of our discovery labs, including early-stage research programs that leverage our extensive ion channel expertise and drug discovery capabilities to identify validated drug targets and develop new product candidates. Backed by a strong balance sheet to support our growth plans, we continue to build a fully integrated, premier neuroscience company with strong discovery, clinical development, corporate, and commercial operations.


About the Role:


We are seeking an Associate Director, Financial Planning & Analysis to join our growing Financial Planning & Analysis team. The Associate Director, Financial Planning & Analysis will serve as lead business partner to the Chemistry, Manufacturing & Control (CMC) and Supply Chain functions. This role will support Xenon’s growing portfolio of research and development programs and future commercial products by enabling effective financial forecasting, reporting and analysis of operating results to enable sound business decisions. This is a hands-on role which will work cross-functionally across Xenon.
This position reports to the Senior Director, Financial Planning & Analysis and will be based out of our Boston, MA, USA office located in Needham. This role is a hybrid position requiring a minimum of two days per week on-site. The level of the position will be commensurate with the candidate’s education and industry experience.
RESPONSIBILITIES:
• Serve as financial business partner to the Chemistry, Manufacturing, and Control (CMC) and Supply Chain teams to drive the timely preparation of actuals, budgetary, forecast, long-range planning assumptions and cost inputs to the overall planning process, and challenge assumptions to ensure sound financial decisions and to achieve corporate objectives and targets.
• Lead all financial reporting initiatives for the CMC and Supply Chain functions, including accruals and monthly and quarterly reporting of financial results for management and department heads.
• Review data provided by external parties for completeness, accuracy, and reasonable.
• Manage the quarterly forecasting process by partnering with department managers to align the forecast with the most current business assumptions.
• Provide in-depth analysis of business results and explain variances, identify emerging risks and opportunities and regularly communicate findings to the leadership team.
• Partner with Accounting, CMC, Supply Chain, and Commercial teams to support launch related initiatives including COGs modeling, inventory, CMOs and 3PL contracting and financial management.
• Represent the FP&A team as part of Supply Chain S&OP.
• Assist with developing dashboards and advanced analytics to support decision making; contribute reports for the consolidation of the monthly and quarterly reporting packages, and for presentations to the Senior Executive Team and Board of Directors.
• Actively develop and maintain collaborative relationships across the company to effectively achieve project/program and corporate goals.
• In collaboration with the Senior Director, Financial Planning & Analysis, continuously develop and/or optimize processes to increase efficiency, accuracy, and scalability.
• Support new system implementations or enhancements to systems to address planning and reporting needs through cross functional collaboration (i.e., ERP, EPM, Procurement systems).
• Review and assess proposed financial terms and costs for vendor contracts and support contract negotiations to ensure sound financial decisions.
• Collaborate with the Accounting team on month end and quarter close activ