Senior Manager, Finance and Forecasting

AstraZeneca • Mississauga, ON

22h • Hybrid

About The Position

The Sr. Manager Finance and Forecasting will play a meaningful role in driving financial forecasting, performance analysis, and strategic decision-making for the designated Therapeutic Area and functions. The ideal candidate will have a great foundation in accounting and financial standards, paired with advanced analytical skills and a deep understanding of the pharmaceutical industry. This role demands the ability to work cross-functionally, delivering actionable insights and ensuring compliance with all regulations and standards. The role will be instrumental in shaping the financial health and growth of the organization.

Requirements

• Master’s/bachelor’s degree in finance, Accounting, or a related field
• Minimum 10 years of experience in financial planning and analysis, preferably within the pharmaceutical or healthcare industry
• Advanced analytical and financial modelling skills
• Proficiency in financial systems and tools (e.g., Excel, SAP, Qlik Sense, Power BI)
• Strong understanding of Canadian pharmaceutical market access, pricing, and reimbursement processes
• In-depth knowledge of accounting principles and financial reporting standards
• Exceptional communication and interpersonal skills with the ability to influence partners
• Meticulous with strong problem-solving and organizational skills
• Critical thinking and ability to translate financial insights into business decisions
• Deep understanding of accounting and financial reporting standards
• Strong understanding of revenue and expense drivers in a pharmaceutical context
• Ability to handle multiple priorities in a fast-paced environment
• Collaboration skills to cultivate cross-functional partnerships

Nice To Haves

• CPA, CFA, or MBA with equivalent experience preferred

Responsibilities

• Drive patient-level forecasts to assess volume and revenue projections
• Perform scenario planning and create financial models to support critical initiatives from brand level to franchise level
• Collaborate cross-functionally to capture assumptions and refine forecasting processes
• Assist in the monthly S&OP process by working collaboratively with commercial teams to ensure accurate demand forecasting
• Analyze financial data, performance measurements, and market trends to find opportunities and risks
• Provide actionable recommendations to support business objectives and improve financial performance
• Prepare and present comprehensive financial reports, including budget variances, forecasts, and performance measurements, to partners
• Assist Therapeutic Area and functions in setting realistic financial targets and priorities during the budgeting process
• Participate in the development of forecast cycles and align financial plans with regional and/or global goals
• Deeply understand revenue and expense drivers and provide commentary during local and regional performance reviews
• Conduct detailed analyses to address variances, identify root causes, and propose solutions
• Act as a liaison between the finance and Therapeutic Area and functions, fostering effective communication and collaboration
• Partner with key collaborators to identify opportunities for growth and efficiency improvements
• Translate financial data into clear, actionable insights for decision-making by non-financial partners
• Act as a trusted advisor, providing guidance on financial implications of operational decisions and strategic projects
• Develop a thorough understanding of Canadian pharmaceutical market access, pricing regulations, and governance frameworks
• Collaborate with market access and pricing teams to align financial strategies with market realities
• Support arguments with multiple pricing scenarios and recommend efficient strategies
• Fully support month-end closing activities, including revenue deduction accruals, expense accruals, and financial reconciliations
• Ensure compliance with all relevant financial standards and company policies
• Ensure full compliance with international financial standards, accounting principles, and company policies
• Identify financial risks and collaborate with business divisions to develop and implement mitigation strategies
• Support internal and external audits as needed and ensure compliance with statutory financial requirements as needed

Benefits

• Annual base salary for this position ranges from 134,320.00 to 176,295.00.
• Annual Variable Pay Bonus/Short Term Incentive opportunity
• Eligibility to participate in our equity-based long-term incentive program (if applicable to role)
• Competitive Flex Benefits & Retirement Savings Program
• 4 weeks’ paid vacation
• Annual Personal Days
• Contract Benefits Program (for Fixed Term Contract/Temporary positions excluding students)

What This Job Offers

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