Director, Finance Business Partner

4 weeks ago

Princeton, United States Fosun Pharma USA Inc. Full time

About Fosun Pharma USA Inc.


Company


Established in 2017 and headquartered in Princeton, New Jersey, Fosun Pharma USA Inc. (“Fosun USA”) is a wholly owned subsidiary of Fosun Pharma (Group) co., Ltd Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun HQ”) [Stock Code: 600196.SH, 02196.HK].


Founded in 1994, Fosun HQ is a top global, innovation-driven, pharmaceutical and healthcare industry group. Dually listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, headquartered in Shanghai, Fosun HQ is a conglomerate that has businesses in the development, manufacturing, and commercialization of pharmaceutical products, diagnostics, medical equipment, and healthcare services.


Fosun HQ is patient-centered and clinical needs-oriented. The company continuously enriches its innovative product pipeline through independent research and development, cooperative development, license-in, and in-depth incubation. Fosun HQ improves the research and clinical development capabilities of FIC (First-in-class) and BIC (Best-in- class) new drugs as well as accelerates the R&D and launch of innovative technologies and products.


Fosun Pharma USA – Strategy and Differentiation


Created as an entrepreneurial business entity, Fosun USA is a US-focused innovative specialty pharma company driven by its internal R&D and strategic partnerships.


Led by a team of highly experienced executives with strong track records of leading US and European pharmaceutical companies, both in commercial operations and R&D, Fosun USA markets a portfolio of specialty pharmaceutical injectable products and ophthalmics and is building a portfolio of high-value branded, innovative products.


With its core commercial team in place, Fosun USA is building its commercial presence in the US market. The company is building its pipeline with late development stage (phase 2 and beyond) or commercial stage innovative products for the US market, primarily. While Fosun USA can facilitate a partnership with Fosun HQ for the Chinese market, the focus is on US rights for innovative biopharmaceutical products.


Fosun aspires to become a leader in specialty generics, 505b2, a branded pharmaceutical company, by developing cutting-edge, innovative products focusing on therapeutic areas such as oncology, auto-immune, CNS, etc. Pipeline expansion through internal R&D development, business development/licensing with a focus on the high barrier, complex, innovative 505b(2), including incubator of early-stage exploratory 505b(1) product with cutting edge technology, and asset acquisition in select therapeutic areas.


The Role:


We are looking for a Director, Finance Business Partner for Established Medicines to join our growing team. The position will be closely aligned with the business unit to foster a dynamic partnership with both Operations and Finance management.


The candidate will support in Budgeting/Forecasting and Month end activities for Established Medicines. They will be responsible for generating business insights and analyses along with facilitating the budgeting and forecasting processes. The position will collaborate with Senior Leadership stakeholders and team members across multiple disciplines including Accounting, Finance and others. The successful candidate is a business partner with a solid understanding of the company’s business model, strategy and operations. They should be able to identify key drivers of value and risk to provide relevant insights that support decision making. The incumbent must have sound analytical skills, a strategic mindset and the ability to communicate complex financial information in a clear, concise manner.


  • Develop strong partnerships with the business to ensure accurate and timely resource allocation planning, budget forecasting, financial measurement tracking and month or quarter-end closing.
  • Demonstrate commercial savvy by understanding the new product launch process and identify key financial enablers to support effective resource planning and decision-making,
  • Collaborate closely with Established Medicines, BD and HQ in China to support to shape and develop the business collaboration model, achieving sustainable and long-term growth for the organization.
  • Analyze business reports and financial data, with a thorough understanding of US tax regulations, GAAP and IFRS.
  • Use data leveraging MS Office (Excel, Powerpoint) and financial/reporting systems to drive transparency in reporting, working with business leaders to understand spending and drive efficiencies.
  • Support the Budget/forecasting and LCM process by managing communications and keeping forecast up to date.
  • Act as a liaison among different departments to support cross-functional initiatives if needed
  • Analyze reports and company KPI’s (Key Performance Indicators) to make informed recommendations based on the results.


Job Requirements:


  • Bachelor’s Degree in Finance/Accounting/Economics, MBA and/or valid CPA (Certified Public Accountant) preferred
  • 10+ years of finance experience, including 7+ years in the Generic Pharmaceutical industry is required
  • Strong commercial acumen with proven experience in supporting the business in new product launches
  • Demonstrated expertise in financial analysis and reporting, strategic planning, stakeholder management and risk management
  • Passionate about business excellence and continuous improvement in a cost-effective environment
  • Highly self-motivated, diligent, with excellent follow up skills
  • Highly agile, capable of prioritizing and managing multiple time-sensitive projects simultaneously, including generating ad-hoc management analyses to support business decisions
  • Excellent interpersonal skills, both oral and written
  • Highly proficient in MS Office (Excel, PowerPoint, Word, Outlook)


Company Benefits:


  • Competitive medical, dental and vision insurance with comprehensive coverage
  • 401(k) match and annual company contributions
  • Hybrid work environment
  • Generous paid time off options, plus floating holidays
  • Company paid life insurance
  • Transportation allowance
  • Communication reimbursement
  • EAP
  • Referral Bonus program


Job title is subject to change based on candidate experience.


Fosun Pharma USA Inc. is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Fosun’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

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