Director, FP&A Commercial

Posted 17 Days Ago
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Princeton, NJ, USA
In-Office
205K-220K Annually
Expert/Leader
Biotech • Pharmaceutical
The Role
The Director of FP&A Commercial leads annual planning, quarterly forecasting, and long-range planning for Commercial functions. Responsibilities include financial modeling, revenue and pricing analysis, pre-launch NPV modeling, vendor contract review, close support, budget-to-actual analysis, internal controls, and identifying financial risks and opportunities. The role partners across Finance, Accounting, and Commercial teams to improve processes and support strategic business decisions.
Summary Generated by Built In

About Summit:

Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life, increasing potential duration of life, and resolving serious unmet medical needs. At Summit, we believe in building a team of world class professionals who are passionate about this mission, and it is our people who drive this mission to reality. Summit’s core values include integrity, passion for excellence, purposeful urgency, collaboration, and our commitment to people. Our employees are truly the heart and soul of our culture, and they are invaluable in shaping our journey toward excellence.

Summit’s team is inspired to touch and help change lives through Summit’s clinical studies in the field of oncology. Summit has multiple global Phase 3 clinical studies, including:

Non-small Cell Lung Cancer (NSCLC)

  • HARMONi: Phase 3 clinical study which was intended to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated, locally advanced or metastatic non-squamous NSCLC who were previously treated with a 3rd generation EGFR TKI.

  • HARMONi-3: Phase 3 clinical study which is intended to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.

  • HARMONi-7: Phase 3 clinical study which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC.

Colorectal Cancer (CRC)

  • HARMONi-GI3: Phase 3 clinical study intended to evaluate ivonescimab in combination with chemotherapy compared with bevacizumab plus chemotherapy.

Ivonescimab is an investigational therapy not presently approved by any regulatory authority other than China’s National Medical Products Administration (NMPA). Summit is headquartered in Miami, Florida, and has additional offices in California, New Jersey, the UK, and Ireland.

Overview of Role: 

The Director of FP&A Commercial will provide support to the Finance organization and reporting to the Head of FP&A. The role will primarily support Commercial.   

 

Role and Responsibilities:  

  • Lead the annual operating plan, quarterly forecasts, and long-range planning processes for the various Commercial functions, ensuring alignment between financial objectives and business strategy 
  • Develop and maintain robust financial models, forecasts, and business analytics to evaluate revenue performance, pricing strategies and growth opportunities  
  • Review material business terms & conditions on vendor agreements, contracts and purchase requisitions  
  • Develop NPV, forecasting and revenue modeling for indications prior to launch, providing data-driven assumptions for early Commercial planning 
  • Partner with Accounting to assist with monthly & quarter-end close processes for expenses and accruals, budget vs. actual analysis and compliance with internal controls  
  • Help drive continuous improvement within the Finance organization to streamline processes, improve communication, and enhance the flow of information to the business.  
  • Ensure associated financial risks and opportunities both near and longer-term are identified and periodically reviewed 
  • All other duties as assigned 

Experience, Education and Specialized Knowledge and Skills: 

  • Bachelors degree in Finance, Accounting, or related field required 
  • A minimum of 12+ years of life science industry experience 
  • Demonstratable experience of working within a fast-paced finance function 
  • Strong critical thinking skills and understanding of budgeting, planning and projection processes 
  • Strong Excel and financial systems experience, with the ability to manipulate and interpret key financial data 
  • High level of accuracy and attention to detail 
  • Demonstratable experience of prioritizing workload and managing multiple tight deadlines effectively under pressure in a fast-paced environment 
  • Excellent communication skills with the ability to forge strong internal and external working relationships, and the confidence to challenge information constructively 
  • Enthusiastic team player with an approachable manner and an ability to engage with colleagues across the business with a constructive and can-do attitude to deliver the successful completion of team outputs within required deadlines 

 

 

 

 

This is the pay for this position

Pay Transparency
$205,000—$220,000 USD

Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus, stock, benefits and/or other applicable variable compensation.

Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summit’s Talent Acquisition team at [email protected] to obtain prior written authorization before referring any candidates to Summit.

Summit Therapeutics Inc. is an Equal Opportunity Employer and takes pride in creating and maintaining diverse environment. We do not discriminate in recruitment, hiring, training or promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Skills Required

  • Bachelor's degree in Finance, Accounting, or a related field
  • 12+ years of life sciences industry experience
  • Experience working within a fast-paced finance function
  • Strong critical thinking skills and understanding of budgeting, planning, and projection processes
  • Strong Microsoft Excel and financial systems experience, including the ability to manipulate and interpret financial data
  • High accuracy and attention to detail
  • Experience prioritizing workloads and managing multiple tight deadlines under pressure
  • Excellent communication and relationship-building skills, with the ability to constructively challenge information
  • Collaborative, approachable, and constructive can-do attitude
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The Company
HQ: Menlo Park, CA
336 Employees
Year Founded: 2003

What We Do

Summit Mission Statement: To build a viable, long-lasting health care organization that assumes full responsibility for designing, developing, trial execution and enrollment, regulatory submission and approval, as well as successful commercialization of patient, physician, caregiver, and societal-friendly medicinal therapy intended to: improve quality of life, increase potential duration of life, and resolve serious medical healthcare needs. To identify and control promising product candidates based on exceptional scientific development and administrational expertise, develop our products in a rapid, cost-efficient manner, and to engage commercialization and/or development partners when appropriate. We accomplish this by building a team of world class professional scientists and business administrators that apply their experience and knowledge to this mission. Team Summit exists to pose, strategize, and execute a path forward in medicinal therapeutic health care that places Summit in a well-deserved, top market share, leadership position. Team Summit assumes full responsibility for stimulating continuous expansion of knowledge, ability, capability, and well-being for all involved stakeholders and highly-valued shareholders. Summit was founded in 2003 and our shares are listed on the Nasdaq Global Market (symbol ‘SMMT’). We are headquartered in Miami, Florida, and we have additional offices in Palo Alto, California, Princeton, New Jersey, Oxford, UK, and Dublin, Ireland.

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