Associate Vice President, Financial Planning & Analysis

About the position

Incyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development excellence to improve the lives of patients, make a difference in health care, and build sustainable value. The Company strives to discover and develop first-in-class and best-in-class medicines-advancing a diverse portfolio of large and small molecules. The Associate Vice President, Financial Planning & Analysis supports the planning and managing budgets, forecasting product revenues, and evaluating life cycle management activities.

Responsibilities

• Develop and maintain revenue long range forecast, margins and sales and marketing expenses.
• Maintain Specialty Pharmacy and Wholesale customer contracts.
• Help departments manage the procurement process, including API.
• Support Accounting as needed (e.g. month end closing, coordinate revenue recognition and reporting, prepare GL, review A/R and inventory entries, etc.).
• Work with VP Finance and Chief Accounting Officer and executive leadership to provide financial leadership, analysis and negotiation in support of business decisions.
• Manage Third Party Government Price Reporting partner.
• Manage Third Party Logistics partner.
• Lead meetings with business partners to review periodic expense updates with the goal of understanding actual vs. budget performance and risk/opportunities to the budget.
• Develop and maintain product P&L, gross to net calculations, customer analysis, margin analysis and geographic analysis.
• Provide daily/weekly/monthly departmental reporting for corporate functions into the VP Finance and Chief Accounting Officer and the CFO.
• Develop and maintain all contract SOPs for Commercial Operations and Contract Manufacturing.
• Develop and maintain 404 SOX controls with the Controller as it relates to Commercial Operations.
• Develop and maintain internal reporting (e.g. product P&L, dashboard, compliance reporting).
• Develop and maintain ERP system for sales force and marketing expense tracking.
• Develop and maintain ERP system for revenue, accounts receivable, HCP payment and disclosure, government programs and accounting, and all other compliance and pricing requirements (with third party vendors as needed).
• Leading the long-range enterprise financial planning, annual budgeting and monthly forecasting processes to ensure accurate and timely projections for executive leadership, operational management and the board of directors.
• Provides day to day leadership, performance management, coaching and mentoring to direct reports.

Requirements

• 15+ years experience with financial analysis and reporting of inline pharmaceutical or biotech products.
• MBA in Finance or equivalent.
• Results driven, reliable and excellent problem solving and analytical skills.
• Must have a strong track record or recruiting/developing talent.
• Exceptional communication (written and oral) and presentation skills.
• Oracle and Hyperion Planning an asset.
• Highly motivated, self-directed and have the ability and desire to have real impact on an organization.
• Inquisitive and innovative in his/her approach to inorganic growth, mergers and acquisitions, function enablement and support for high growth and value creation.
• Experience building and/or operating a best-in-class FP&A function.
• Must be operationally-oriented with a keen focus on process, metrics, and results.
• Strong executive presence and be comfortable and credible interfacing within executive leadership, the board of directors, and private-equity investors.
• Prior experience creating and managing financial organizations in Biotech or Specialty Pharma preferred.