Associate Director, Clinical Development Finance (CDF)

MSD•Rahway, NJ

3d•Hybrid

About The Position

Our Company is committed to being the world’s premier, most research-intensive biopharmaceutical company. Our Research Division drives breakthrough science through drug discovery, development and clinical evaluation that radically changes approaches to medical need. Finance is a trusted business partner, playing a critical role in ensuring effective resource utilization to achieve this mission. This is a unique opportunity to gain exposure and contribute to the R&D engine that drives our Company’s biopharmaceutical business. Position Description: Associate Director, Finance Clinical Development Finance (CDF) is responsible for overall financial support for the Oncology Therapeutic Area (TA) in Global Clinical Development. The incumbent will be responsible for managing a team of financial professionals, supporting clinical cost forecasting and analytics, supporting clients and clinical sub-teams, conducting monthly close activities, tracking of actuals, and ensuring compliance for clinical out of pocket (OOP) grant spending. The incumbent is also responsible for developing, coaching, and managing team members to meet both business and individual goals. Under the guidance of the Oncology Clinical Development Finance Director, the Finance Associate Director will: Provide financial planning, forecasting and analytical support to our Research Department Therapeutic Area Clinical Development Oversee the forecast grant spend process related to Oncology Clinical Studies Be the primary Finance point of contact with multiple stakeholders including Global Project and Alliance Management, Product Development Team (PDT) Leaders, and Clinical Study Managers regarding study budgets, site and vendor related payments, asset valuation and impairment Develop and participate in team presentations to the Financial & Operational Review Committee, Late Development Review Committee and Discovery and Translational Research Committee Support project team decision making by providing relevant financial information and insight Own critical components of the Long Range Operating Plan (LROP), Budget, and Quarterly Forecasts Confirm accurate accounting of all US site payments related to visits completed, milestones completed and reimbursement for out of pocket expenses according to Generally Accepted Accounting Principles, the Sarbanes Oxley Act as well as internal and external accounting guidance This is a unique opportunity to: Gain end-to-end exposure to our Company's drug development process and the R&D pipeline while gaining relevant experience supporting a function within Global Clinical Development Influence and impact by helping clients navigate a world of almost limitless scientific opportunities with limited financial resources. A background in science is helpful but not necessary. Expand your toolkit beyond standard P&L analytical approaches, including big data analysis, clinical studies, partnerships and collaborations management, and resource allocation analysis Further develop your creative thinking and problem-solving skills as many problems don’t have hard anchor points or routine analytical approaches. Increase your network through engagement with other business partners (BD&L, Project Mgmt., Procurement, etc.) Gain experience in people management, change management, and project management

Requirements

Bachelor's in business, Finance, Science or Engineering
Minimum of 5 years of operations or Finance experience

Nice To Haves

MBA or other Masters/PhD in Business, Finance, Science or Engineering
Excellent analytical skills and the ability to develop business operations models
Strong financial acumen
Proactive approach to problem solving
Results and process-driven orientation
Demonstrated ability to effectively work in a challenging and complex environment.
Demonstrated ability to influence, build and maintain client and peer relationships
Sound and balanced judgment, with the ability to assess and handle risk
Excellent communications skills
Strong computer skills especially working with SAP, BPC and MS Excel

Responsibilities

Provide financial planning, forecasting and analytical support to our Research Department Therapeutic Area Clinical Development
Oversee the forecast grant spend process related to Oncology Clinical Studies
Be the primary Finance point of contact with multiple stakeholders including Global Project and Alliance Management, Product Development Team (PDT) Leaders, and Clinical Study Managers regarding study budgets, site and vendor related payments, asset valuation and impairment
Develop and participate in team presentations to the Financial & Operational Review Committee, Late Development Review Committee and Discovery and Translational Research Committee
Support project team decision making by providing relevant financial information and insight
Own critical components of the Long Range Operating Plan (LROP), Budget, and Quarterly Forecasts
Confirm accurate accounting of all US site payments related to visits completed, milestones completed and reimbursement for out of pocket expenses according to Generally Accepted Accounting Principles, the Sarbanes Oxley Act as well as internal and external accounting guidance