Finance Director, US Commercial (Hybrid)
VertexAbout the role
Job Description
Job Posting Description
Vertex is growing at a rapid pace with invigorating opportunities for motivated professionals who are keen to contribute to the Vertex mission to invest in scientific innovation to create transformative medicines for people with serious diseases. Our finance function is integral to achieving our company’s strategic goals, providing critical insights and analysis in support of decision-making across the organization. By joining our function, you will become part of a fast-moving, forward-thinking team to support the ongoing growth of a leader in the biotechnology industry.
The US Commercial Finance Director will be a key member of the North America Commercial Finance Team and the direct Business Partner to the US Commercial Vice President, Business Unit (BU) Lead. This role will have the opportunity to join an exceptional business unit leadership team as they continue to drive for future launches at Vertex.
This role partners closely with members of the Business Unit Leadership Team to provide financial direction and strategic insights to enable delivery against short-term and long-term goals, including identification of key value drivers and business KPIs. This role will be a key partner to drive growth and profitability, pricing and reimbursement decisions and maintain a culture of controls and compliance. This role requires strong expertise in drug development, commercialization and launch processes.
Key Duties and Responsibilities:
- Accountable for all Finance support to the US Commercial VP, BU Lead and their areas of responsibility
- Manages US revenue and operating expenses and provides strategic decision support, influencing at the highest level major strategic investment decisions critical to Vertex’s long-term growth and success
- Partners with US Commercial VP, BU Lead, to drive the annual budget, monthly forecasting and long-range strategic planning processes, in accordance with Global processes, and with a focus on influencing business operations and decisions through expert analysis of business performance and working with business partners to address evolving needs of the business
- Utilizes data, analytics, and metrics to identify ways of creating value, allocating resources and mitigating risks
- Monitors/reports ongoing business performance against budgets/forecasts and works with business partners to understand and identify the root cause behind variances, what it means for us going forward and how we can improve
- Understands market trends, opinions, and reactions to industry and competitors and provide strategic insights that will help inform senior management investment, operating, and financial decisions
- Identifies ROI/trade-off opportunities to enable optimized resource allocation, drive profitability and support business-cases to make decisions
- Develops and coaches team members to encourage growth and new opportunities and contributes to an atmosphere of inclusivity across the team
- Partners with Human Resources on Workforce planning
- Coordinates with other members of the CFO organization including Global Commercial Finance, Accounting, Tax and IR to maintain a continuous improvement mindset and promote strong communication and efficient processes
Basic Requirements:
- Bachelor's degree in Finance or Accounting required. MBA and/or other advanced degree preferred.
- 10+ years of relevant experience in finance managerial role, demonstrating strong technical and analytical skills and a track record of success working in a team-based environment or the equivalent combination of education and experience.
- Experience in business partnering with an executive team
- Proven ability to proactively manage efficient processes across Revenue and Operating Expenses, driving high-quality inputs from the business in support of creating and managing complex budgets, forecasts, and analyses in a dynamic, fast-paced environment
- Deep understanding of the drug development and commercialization process (including launch experience across different diseases and modalities, US pricing, reimbursement and market access systems) to address a broad range of challenges and business issues across all functions with the ability to make and facilitate quick decisions
- Expert analytical and financial modeling skills to evaluate a broad range of financial questions.
- Excellent communication and presentation skills, with a proven ability to present complex financial insights to senior stakeholders.
Knowledge and Skills:
- Strategic thinking and problem-solving.
- Critically, this role requires an expert ability to influence without authority at the highest level and collaborat
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