Head of US Finance Operations

2 days ago

Princeton, New Jersey, United States Ascendis Pharma Full time
Job Title: Head of US Finance

Ascendis Pharma is a dynamic, fast-growing global biopharmaceutical company with a strong presence in Denmark, Europe, and the United States. We are advancing programs in Endocrinology Rare Disease and Oncology, driven by our core values of Patients, Science, and Passion.

As a senior member of the Global Finance Leadership Team and the US senior Commercial Leadership team, you will play a critical role in establishing and driving processes such as Business Advice, Budgeting/Forecasting, Gross-to-Net, Management Reporting, Government Reporting, and ad hoc analyses as the organization grows.

Key Responsibilities:
  • Lead a skilled team of 8 people and engage in details as needed
  • Provide financial and strategic business partnership and decision support to the US Commercial Organization and the Finance Leadership
  • Establish and maintain key Commercial processes and policies in areas such as Revenue Forecasting, Pricing/Discounting, Gross-to-Net, Revenue Recognition, Government Pricing, Expense Tracking, etc.
  • Develop, analyze, interpret, and present Revenue insights to various stakeholders within the organization, with the ability to adapt messaging depending on the audience, from executive level to the line manager level
  • Support Investor Relations with interpretation on US commercial performance and outlook
  • Interact with group reporting on technical accounting matters, ensure compliance with local reporting requirements, and collaborate with Group Tax to ensure tax compliance and timely payments
  • Develop, analyze, interpret, and present financial results to various stakeholders within the organization, with the ability to adapt messaging depending on the audience, from executive level to the line manager level
  • Partner with Commercial to lead the development of a Monthly Commercial Business Review process
  • Establish and define Key Performance Indicators (KPIs) (Business and Financial Metrics) and reports to manage and measure business performance in the most effective manner
  • Proactively and creatively seek out opportunities to generate business cases to evaluate various options and assess their respective financial and business impact
  • Create and present analyses and recommendations to key Ascendis Senior Management
  • Track and understand the competitive landscape
  • Help optimize financial processes and planning within the Commercial function, e.g., based on data provided by external parties or contained within disparate systems
  • Support and provide input into Global Financial processes and timelines; actively communicate with Business Partners to ensure they adhere to requirements
  • Key stakeholder for Financial Systems implementations, such as EPM (Enterprise Performance Management), BI (Business Intelligence), and DW (Data Warehouse) tools as part of building out the necessary Finance technology infrastructure
Requirements:
  • Minimum 15+ years' finance and leadership experience; must have demonstrable success within commercial stage biotech and/or pharmaceutical industry
  • Bachelor's degree required; CPA/MBA is preferred
  • Ability to think bigger picture across different functional areas of the business and help arrive at the best decision for the overall organization
  • Ability to incorporate multiple perspectives and variables to analyze issues in order to reach an opinion and recommendation on best path forward
  • Ability to clearly articulate pros and cons of different available options and propose recommendations
  • Experience in Gross to Net revenue recognition and forecasting
  • Experience in Government Pricing and Reporting
  • Experience and familiarity with ERP, MDM, Planning/Reporting, and BI technologies
  • Hands-on, with the ability to transition from strategic thinking to tactical execution
  • Analytical and problem-solving skills
  • Excellent interpersonal and organizational skills, can multi-task in a dynamic and fast-paced environment with changing priorities
  • Understanding of GAAP/IFRS accounting principles is required
  • Ability to travel up to 15% Domestically and internationally
Preferred Skills:
  • Experience in a multi-national corporation supporting users across different geographies
  • Advanced skills in MS Office, particularly Excel, PowerPoint, PowerBI
Benefits:
  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Paid maternity leave
  • Paid paternity leave
  • Commuter benefits
  • Disability insurance

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