Strategic Finance Leader
4 days ago
We are a pioneering pharmaceutical company advancing breakthroughs in neuroscience to elevate life. With 30 years of experience at the forefront of healthcare, we have been dedicated to bringing vital solutions to people who need them most.
Our contributions include the development and commercialization of the first and only FDA-approved drug to treat hallucinations and delusions associated with Parkinson's disease psychosis and the first and only FDA-approved drug for the treatment of Rett syndrome.
Our clinical-stage development efforts are focused on Prader-Willi syndrome, Alzheimer's disease psychosis, and multiple other programs targeting neuropsychiatric symptoms in central nervous system disorders.
For more information, visit us at our website and follow us on social media platforms. Please note that this position will be based in San Diego, CA. ACADIA's hybrid model requires this role to work in our office three days per week on average.
Position Summary:This strategic finance leader will report to the Vice President of Strategic Finance and lead financial support for all areas of Commercial, Medical Affairs, G&A, and Business Development.
The role will partner with the Commercial and Medical Affairs organizations managing two currently approved therapies, with additionally near-term late-stage assets. The position will cover both revenue and expenses for these franchises.
Additionally, the role will oversee ongoing international expansion efforts, G&A functions, as well as provide financial support for the business development process.
Key areas include maintaining and deeply understanding business drivers and return on investment, preparing periodic reporting and communicating performance, interacting with various functional business partners, and having proficiency in corporate systems and technical finance.
Primary Duties and Responsibilities:- Act as an integrated business partner with Commercial and Medical Affairs organizations, providing thought leadership and analysis for business initiatives (go/no go decisions, resource allocation, scenario analysis, payback periods, project post mortems, etc.) for both US and international businesses.
- Develop gross-to-net forecast for all product lines, with extensive understanding of payer mix, discount structures by entity, and regulatory changes.
- Lead and manage revenue and SG&A expense forecasts for all recurring planning processes (forecasts, annual operating plan, long-range plan, etc.).
- Develop, implement, and maintain expense reporting and variance analysis to functional business partners and finance leadership, driving continuous improvement in forecasting and reporting.
- Serve as a finance partner to the Business Development deal team. Responsible for maintaining and improving corporate valuation model, acting as finance representative in diligence team meetings, performing extensive financial analysis, and providing strategic input throughout the entire diligence process.
- Hire, develop, and retain high-performing team members.
- Support the sourcing team to proactively highlight vendor risks/opportunities and participate in vendor selection process and governance meetings.
- Collaborate with Accounting to ensure GAAP compliance and adherence to company policies and procedures as well as reasonableness of accruals.
Bachelor's degree in Accounting or Finance with CPA/CFA/MBA preferred. 12 plus years of experience in corporate finance, banking, or consulting with pharma experience in a commercial-stage organization required.
An equivalent combination of relevant education and applicable job experience may be considered.
High-level of intellectual curiosity, with ability to work independently and solve complex problems.
Experience with Commercial operations and business development valuation in the pharma industry.
Financial analysis skills and ability to translate analyses into sound strategic recommendations.
Ability to think strategically and communicate effectively across all levels of the organization.
Proven track record of reliable, detailed, and accurate work product.
Ability to work in a results-oriented, project-driven, real-time team environment, prioritize projects, and deliver quality results within tight time constraints.
Excellent written and verbal communication, presentation skills, and MS Office proficiency.
Working knowledge of Generally Accepted Accounting Principles (US GAAP).
Experience with NetSuite and Workday Adaptive Planning a plus.
Salary and Benefits:The estimated salary for this position is $215,000-$268,600 USD, with a competitive base salary, discretionary bonus, and equity awards based on factors such as individual and organizational performance.
Additionally, the company offers a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) plan with a fully vested company match 1:1 up to 5%, employee stock purchase plan with a 2-year purchase price lock-in, 15+ vacation days, 14 paid holidays plus one floating holiday of your choice, including office closure between December 24th and January 1st, 10 days of paid sick time, paid parental leave, tuition assistance, and more.
EEO Statement:ACADIA Pharmaceuticals is committed to building a diverse, equitable, inclusive, and innovative company. We are an equal opportunity employer and welcome applications from qualified individuals from diverse backgrounds.
We are committed to providing reasonable accommodations to qualified individuals with disabilities and disabled veterans. If you require an accommodation, please complete our Reasonable Accommodation Request Form or contact us.
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