Finance Manager, Business Partnering Commercial (Hybrid/San Diego)

What if the work you did every day could impact the lives of people you know? Or all of humanity?

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Position Summary:

Reporting to the Sr Manager of Marketing & Commercial Finance, this role will provide strategic finance support for the Product Management team, including partnership in key product development/commercialization processes such as New Product Pricing, Commercial Readiness Reviews, Product Development Cycle Reviews, Quarterly Business Reviews, On Market Product Performance Analysis and Annual Strategic Planning.

*This is a full-time role, Monday through Friday, with an expectation of 2-3 in-office days per week and additional on-site presence as needed. The individual must reside in the San Diego area and be able to commute to our corporate offices.

Key Responsibilities:

• Develop financial models/business cases to demonstrate the market opportunity for new products and the potential financial return over a 5+ year time horizon:
  • Collaborating across multiple Commercial/marketing/Finance stakeholders to align on risk and opportunities, including pressure-testing bottoms-up build assumptions of regional market adoption by customer type and by applications, evaluation of funnel metrics, and product launch-enablement Opex requirements
  • Own governance for required processes and standardized financial deliverables.
  • Lead the Incremental Cash Flow analysis and develop the NPV narrative. Own and vet scenario and sensitivity analysis on revenue and margin impacts
  • Develop deep understanding of the market models and Illumina products
• Provide financial support for Global Product Management teams in reporting quarterly sales results (eQBR), evaluating opportunities around portfolio investments and trade-offs (SPAC & PAC) and supporting strategic decision-making (Annual Strat Plan & Strategic Chapters)
• Assist in development and execution of pricing strategy across product line/regions by providing financial analyses for new product introductions’ pricing and promotions
• Support Global Product Management and Portfolio Strategy teams by performing other tasks/ad hoc analyses needed to support day-to-day operations of the product management team, including on-market product analyses (as ad-hoc or as part of PAC)
• Provide finance support and analysis in collaboration with Strategy and Partnership Finance teams for M&A or partnerships deals

Requirements:

• Typically requires a Bachelor’s degree and a minimum of 8 years of related experience, with 1-3 years of Management experience. 
• Demonstrated ability to develop complex financial models including quantitative and qualitative analysis
• Able to take complex or ambiguous business scenarios and provide succinct summaries that enable non-finance professionals to understand key relationships, impacts, and strategic options
• Proven ability to evaluate and solve complex problems and consider the strategic implications of different business approaches
• Strong working knowledge of the main elements and drivers of income statement, balance sheet, and statement of cash flows
• Advanced Microsoft Excel and PowerPoint skills
• Exceptional interpersonal soft skills, able to establish strong rapport and partnerships at all levels of the organization and across various functions including Marketing, Commercial, R&D, Operations, and Business Developments (including working with other finance teams supporting these functions)
• Excellent written communication and project management skills
• Commitment to accuracy and quality while meeting multiple goals or deadlines
• Self-directed and able to work well in a team environment
• Strong hands-on experience with Tableau, PowerBI, or other analytics systems is a plus

All listed requirements are deemed as essential functions to this position; however, business conditions may require reasonable accommodation for additional tasks and responsibilities.

The estimated base salary range for the Finance Manager, Business Partnering Commercial (Hybrid/S