Associate Director, Business Planning & Analysis

Your Key Responsibilities:

• Responsible for Global Health Research Disease Area Budget management, and Research Business Development & Licensing (BD&L) Business Planning & Analysis (BPA) external collaborations forecasting including core and non-core P&L, external funding grant applications and management, cash impact and outlook of future milestones obligations.
• Support West Coast research sites (Emeryville & San Diego, CA) financial management as needed and BD&L Finance team (Cambridge, MA)
• ​Partner effectively with Disease Area Head, Head of Operations, BD&L, Leadership teams, Project Management and scientific lead
• Support timely and accurate submission of budget, the latest forecasts and monthly outlooks with a focus on phasing accuracy. BPA will be responsible for understanding monthly variances to forecast and explaining to BPA stakeholders on monthly closing calls
• Prepare annual finance budget and LF presentations and present to key partners
• Perform and document relevant accruals for BD&L deals and agreements in compliance with FRA policies
• Design and maintain early warning systems for financial tracking, ensuring accurate advance warning for all financial results
• Conduct value added analyses, e.g. Resource Allocation, Profitability analyses, Benchmarking to recommend short -and long-term targets and improvement areas

• KPIs: Accuracy of actuals, plans, availability of analysis in time and of required quality; Achievement of budget targets, quarterly financial forecast accuracy; Specific DA output KPIs; Customer satisfaction

Role Requirements

Essential Requirements:

• Bachelor’s degree is required
• 7+ years of direct Finance business experience is required, preferably from a pharma, biotech, or healthcare firm; consideration will be given to those with 3+ years of relevant work experience, having worked as an FDP at Novartis
• Demonstrated experience in the following:
  - Forecasting accuracy and risks and opportunities management
  - Business Partner satisfaction and sound business insight
  - Successful implementation of initiatives and process improvements
  - Quality of reporting
• Analytical and data driven personality; confirmed ability to “see beyond the numbers” and provide analytical insights
• Experience and ability to synthesize information and present it in a clear and structured way
• Adept in and experience in collaborating with leadership and cross-functional teams, gaining commitment and influencing for results
• Inspired and curious - able to challenge the status quo as needed
• Able to guide and oversee others for projects; effective indirect management; displayed experience in interacting with senior leaders to drive key projects
• Instills trust, authentic, and builds and maintains relationships at all levels

Desirable Requirements:

• Subject area in Business, Finance, Economics, Accounting or related strongly preferred; MBA or Master’s degree is a plus
• Experience in BD&L transactions with understanding of accounting principles
• International experience / working in multiple countries is strongly desirable; cross-cultural experience is an asset

Novartis Compensation and Benefit Summary: The pay range for this position at commencement of employment is expected to be between $136,800.00 and $205,200.00 / year; however, while salary ranges are effective from 1/1/24 through 12/31/24, fluctuations in the job market may necessitate adjustments to pay ranges during this period.  Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills, and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.