Director, Commercial Finance Leader

3 weeks ago

Cambridge, Massachusetts, United States KalVista Pharmaceuticals, Inc. Full time
About the Role:

KalVista Pharmaceuticals, Inc. is seeking a seasoned Director, Commercial Finance to serve as the finance partner to the commercial organization. This vital role will support all financial aspects in the Commercial function, with a primary focus on reporting results, budgeting/forecasting, 3rd-party vendor accruals, financial modeling, incentive compensation, and analytical & strategic support.

The ideal candidate will have a solid understanding of contracts and contract terms, including knowledge of contracting for brand pharmaceuticals. They will also have experience with new drug approval & launch, and thrive in a fast-paced, dynamic environment.

Key Responsibilities:

Serve as the finance partner to the Commercial organization, which includes Sales, Marketing, Market Access, Commercial Strategy, Analytics, and Operations
Participate in all aspects of Financial Planning & Analysis for the Commercial area, including budgeting, forecasting, latest estimates, multi-year forecasting, financial reviews for actuals to budget and forecast, ad hoc analysis, incentive compensation, tactical planning support, and management reporting
Assist with the review of monthly accruals, reconciliations, forecasting analyses, and reporting for all GTN line items
Partner with Accounting on the month-end and quarter-end close processes, including vendor confirmations, accruals, preliminary close analysis, reconciliations, etc.
Manage incentive compensation accrual review procedures and the direct quarterly payout approval process
Help validate data and computation of monthly and quarterly Gross to Net computations
Support the development of procedural documentation as required by changes in legislation, including state price transparency and disclosures
Assist with the review of monthly GP utilization files (GP rebate claims), 340B | PHS program, GTN accrual summary file, and GTN reporting package
Collaborate with the pricing committee on key product pricing decisions, working closely with the Market Access team to develop analysis supporting those pricing decisions
Participate in government pricing calculations and submissions for programs administered by Centers for Medicare and Medicaid Services (CMS), Public Health Services 340B drug discount program, and Federal Supply Schedule programs, as well as other federal and state programs.
Contribute to State Price Transparency reporting, including price evaluation and new product reporting.
Contribute to documentation related to Government Price calculation methodology and decisions
Support payment of all Government rebates, including the analysis and processing of all rebate invoices received by customers
Participate in pricing strategy discussions and Pricing Committee.
Assist Quarterly and Annual financial filing & SEC reporting processes, as necessary
Provide ad hoc support to the CFO and Executive Leadership Team to inform financial and strategic decisions

Qualifications:

Bachelor's degree required. Advanced degree preferred
10+ years of relevant FP&A experience with 4+ years of Biotech/Pharmaceutical Commercial FP&A required. Additional experience in Government Pricing preferred
Solid understanding and experience with contracts and contract terms, including knowledge of contracting for brand pharmaceuticals
Knowledge of regulations guiding U.S. Federal Pricing Programs (Medicaid, Federal Supply Schedule, and PHS340B)
Ability to successfully manage competing priorities, meet deadlines, and work independently while collaborating with other functions as necessary
Experience with new drug approval & launch
Thrive in fast-paced, dynamic environment
High level of personal accountability and integrity
Strong analytical and problem-solving skills
Excellent attention to detail and accuracy
Strong communication skills (verbal and written) and ability to collaborate across functions
Ability to identify opportunities for process improvements with a strong aptitude for continuous improvement and change

About KalVista Pharmaceuticals, Inc.:

KalVista Pharmaceuticals, Inc. is a global pharmaceutical company whose mission is to develop and deliver life-changing, oral medicines for people affected by rare diseases with significant unmet need. We are committed to making a positive impact on the lives of our patients and communities. If you are a motivated and experienced professional looking for a challenging and rewarding role, we encourage you to apply.

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