Associate Director Clinical Finance

Posted Yesterday
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Sandoz, CA, USA
In-Office
Senior level
Biotech • Pharmaceutical
The Role
Lead clinical trial financial planning, budgeting, forecasting and controls for external trial costs. Guide clinical teams on Lifetime Cost estimates, align stakeholders, maintain reporting tools and documentation, manage risks/opportunities, support procurement and finance audits, and drive savings and comparator sourcing initiatives.
Summary Generated by Built In

Job Description Summary

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!
Provide support and give guidance to Clinical team and other stakeholders for the early planning, tracking and management of external costs and ensure operational and financial excellence.

Job Description

Your Key Responsibilities:

Your responsibilities include, but not limited to:

  • Provide operational guidance to clinical teams and other stakeholders on the preparation of the budget for external costs, primarily clinical trial related expenses. Ensure the timely and accurate preparation and approval of the Lifetime Cost (LTC) of the trial in collaboration with Clinical Program Director and assign team members in alignment with program partner.
  • Ensure accuracy of global financial planning and reporting of assigned clinical trials, including external budget forecast. Ensure external budget for trials is managed in compliance with internal finance processes (including maintenance of supportive documentation).
  • Ensure accuracy and completeness of external budget for program/project in the clinical planning and reporting tools. Manage financial requirements of clinical program budget by providing consolidated latest estimates on current and future year budget.
  • Liaise and align with internal and external stakeholders regarding forecasts and status of program timelines.
  • Ensure clinical trial planning and budgeting tools are accurate regarding timelines and financial estimate. Develop and apply department specific finance metrics. Implement efficient standard budget control systems, which are aligned with internal controlling systems (e.g., NFCM). Ensure processes are implemented consistently across clinical programs.
  • Work in close collaboration with Procurement & Finance teams to ensure consistency across clinical trial contracts. Represent Clinical Development department during Finance Audits.
  • Manage, document, and communicate risks and opportunities monthly. Support EPT with accurate and up-to-date early trial pricing estimates and support information and keep those ballparks up to date.
  • Lead special projects, particularly those related to savings initiatives. Implementation and management of the financial set up of the comparator sourcing process. Deliver monthly audit proved documentation for cashflow planning and accounting to local finance for comparator scouring
What you’ll bring to the role:Essential Requirements:
  • Minimum 5 years pharmaceutical industry in Finance or significant relevant experience; clinical finance experience preferred. 
  • Experience in working with electronic databases, clinical and/or project management planning and reporting systems.

 Skills:

  • Effective project management and team facilitation skills. 
  • Proven effective communication skills.
  • Ability to work on cross-functional global teams.
Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported! 

Join us!

Skills Desired

Budget Management, Clinical Trials, Negotiation Skills, People Management, Process Improvement, Project Planning, Vendor Management, Waterfall Project Management

Skills Required

  • Minimum 5 years pharmaceutical industry experience in Finance or significant relevant experience
  • Clinical finance experience
  • Experience working with electronic databases and clinical or project management planning and reporting systems
  • Effective project management and team facilitation skills
  • Proven effective communication skills
  • Ability to work on cross-functional global teams
  • Budget Management
  • Clinical Trials knowledge
  • Negotiation Skills
  • People Management
  • Process Improvement
  • Project Planning
  • Vendor Management
  • Waterfall Project Management

Sandoz Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Sandoz and has not been reviewed or approved by Sandoz.

  • Healthcare Strength Health, dental, vision, and prescription coverage are consistently described as core components across U.S. roles and materials. Feedback suggests the medical offering is broad and a standard pillar of the package.
  • Retirement Support A 401(k) plan with a company match described as generous is commonly included for U.S. roles. This savings support is positioned alongside other primary benefits as part of total rewards.
  • Equity Value & Accessibility Equity eligibility is noted for many positions and a global all‑employee share program is being introduced from 2026. These elements add upside beyond base salary and annual bonus.

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The Company
HQ: Basel
17,135 Employees

What We Do

Sandoz is the global leader in generic and biosimilar medicines. ​ ​Our Purpose is to pioneer access to medicines for patients globally. We are on a mission to drive innovation in the healthcare industry by freeing up resources sustainably and responsibly while continuing to address global health challenges such as antimicrobial resistance.​ We are present in more than 100 countries and our medicines serve some 500 million people every year. We have two main global businesses: Generics - divided between standard generics and complex generics - and Biosimilars.

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