Associate Director, R&D Finance, Portfolio Analysis

Bristol Myers Squibb • Princeton, NJ

4d • $161,670 - $195,906 • Hybrid

About The Position

The Associate Director, R&D Portfolio Analysis position within the R&D Finance organization is responsible for governance support, study costing, forecasting, actuals reporting, and analysis. The successful candidate will be an influential and collaborative finance professional who effectively interacts and influences global program teams and operations teams to understand the development plans, key study drivers, and operational execution so that cost estimates and study accounting is properly reported. Key responsibilities of this role include support for monthly/quarterly close activities, P&L and balance sheet analyses, providing key metrics supporting study valuations, governance process as well as achieving financial goals for R&D.

Requirements

• Minimum education of a B.S./B.A. is required, M.S./M.B.A. preferred.
• Minimum of seven (7) years of finance experience with significant exposure to financial reporting, internal controls, and technical accounting.
• Ability to prepare and defend financial analyses to support decision making, investigate and conclude on complex accounting issues.
• Ability to present complex financial data in a clear, understandable, and visually compelling manner.
• Ability to maintain accurate financial records, applying accounting principles, standards, and regulations to ensure the accuracy, transparency, and compliance of financial reporting.
• Active engagement with business partners, leveraging each other’s strengths/expertise, developing strategic initiatives and fostering open dialogue to navigate complex challenges and opportunities.

Responsibilities

• Provide Program Support, Governance Support and Budget / Projection Activities
• Manage selected asset programs (early or in-line).
• Support budget and projection preparation, including wind-down accounting for terminated programs.
• Lead forecasting updates in Anaplan within overall TA scope of programs.
• Maintain necessary reports in support of forecast activities and actuals review.
• Perform analysis of changes in assumptions to understand and articulate variance drivers.
• Provide finance estimates to support governance interactions.
• Maintain an open line of communication with Development Team Leads, R&D Finance Leadership and various other stakeholders.
• Drive planning of meetings and review with stakeholders and finance team (Hyderabad Hub) so that deliverables are completed in a timely manner and deadlines are met.
• Month-End, Quarter-End Close, Variance Analyses and Reporting
• Analyze and identify root causes for significant variances.
• Ensure quarterly finance reviews with study teams include robust dialogue and open and transparent communication so study performance is accurately reflected in financials.
• Ensure the overall financial controls are designed and operating effectively including quarterly enrollment confirmation process for patient-based data and work performed evaluation for CRO-run studies within the scope of programs.
• Collaborate effectively and efficiently to optimize spend on programs in the wind-down state to ensure financial and operational objectives are met (simplified work performed accounting).

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off
• US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
• Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
• Based on eligibility, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.
• All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.
• Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level