Finance Manager, R&D

Posted 3 Days Ago
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Cambridge, MA
In-Office
106K-142K Annually
Senior level
Biotech
The Role
The R&D Finance Manager oversees financial planning and analysis for R&D functions, including budgeting, compliance, and providing analytics for decision-making. They collaborate with stakeholders to prioritize spending and drive accountability through variance analysis.
Summary Generated by Built In

This position is hybrid to our Cambridge, MA location, and will work on site 3 days weekly

About This Role

The R&D Finance Manager will report to the Director of Finance. The Finance Manager will manage all aspects of the financial planning & analysis activities for selected R&D functions and costing of selected clinical trials.

What You'll Do

  • Execution of planning activities, including annual operating plan, forecasts, and long-range plan. Work with internal stakeholders to create robust functional financial plans. Work with leadership teams to suggest ways to prioritize spending within target

  • Strong business partnerships and become the key resource to stakeholders ensuring all finance related matters are addressed, including reviewing and approving purchase orders

  • Completion of monthly close accurately and timely, including creation of journal entries, account reconciliations and variance analysis commentary to be presented at the monthly close meetings

  • Ensure compliance with SOX requirements and accounting policy and procedures

  • Maintain control of key areas of balance sheet and support external audit

  • Monthly variance analysis to drive accountability and influence corrective action recommendations as needed

  • Provide decision support analytics, including investment analysis as needed for prioritization and decision making

  • Establishing and managing our financial forecasts on selected clinical trials, working with key business stakeholders and external vendors (e.g. CROs)

  • Utilize appropriate analytics and benchmarks to produce an accurate, quality study model that is updated regularly, while maintaining constant fiscal vigilance on trial spend and trends

  • Other ad-hoc requests or projects as needed

Required Skills

  • Bachelor's Degree in Finance, Accounting or equivalent

  • Minimum of 5 years of working finance experience within financial planning or accounting

  • Knowledge and understanding of U.S. GAAP, and SOX compliance requirements

  • Strong financial acumen with a value creation mindset

  • Strong oral and written communications inclusive of presentation abilities

  • Demonstrated ability to influence and build strong working relationships with business partners

  • High sense of urgency with the ability to meet tight deadlines while maintaining flexibility to adapt to changing priorities

Preferred Skills

  • Life sciences industry experience, particularly supporting research and development/clinical trials

  • MBA or CPA a plus

  • Familiarity w/Oracle, Hyperion and Business Objects preferred


 

Job Level: Management


Additional Information

The base compensation range for this role is: $106,000.00-$142,000.00


Base salary offered is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.

Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance. 

In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees’ and their families physical, financial, emotional, and social well-being; including, but not limited to:

  • Medical, Dental, Vision, & Life insurances
  • Fitness & Wellness programs including a fitness reimbursement 
  • Short- and Long-Term Disability insurance
  • A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
  • Up to 12 company paid holidays + 3 paid days off for Personal Significance 
  • 80 hours of sick time per calendar year
  • Paid Maternity and Parental Leave benefit 
  • 401(k) program participation with company matched contributions
  • Employee stock purchase plan 
  • Tuition reimbursement of up to $10,000 per calendar year 
  • Employee Resource Groups participation

Why Biogen?

We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.

At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.

All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.

Top Skills

Business Objects
Hyperion
Oracle
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The Company
HQ: Cambridge, MA
9,575 Employees

What We Do

Through cutting-edge science and medicine, Biogen discovers, develops and delivers innovative therapies worldwide for people living with serious neurological and neurodegenerative diseases.

Founded in 1978, Biogen is a pioneer in biotechnology and today the Company has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first and only approved treatment for spinal muscular atrophy, and is at the forefront of neurology research for conditions including Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis. Biogen also manufactures and commercializes biosimilars of advanced biologics.

With approximately 7000 people worldwide, we are truly a global organization, headquartered in Cambridge, Massachusetts, which is also home to our research operations. Our international headquarters are based in Zug, Switzerland and we have world-class manufacturing facilities in North Carolina and Denmark. We offer therapies globally through direct affiliate presence in 30 countries and a network of distribution partners in over 50 additional countries.

For more information, please visit www.biogen.com. Follow us on social media – Twitter, LinkedIn, Facebook, YouTube.

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