The Head of Finance is a key member of the regional leadership team and will be responsible for providing strategic financial support, P&L management and FP&A management - driving the Annual Operation Plan (AOP), Monthly Forecasts and Long-Range Planning (LRP). The role is also responsible for maintaining a strong internal control environment and interfacing with Global Business services (GBS). This role must be a strong business partner to the Area GM and leadership team.
The position is the ultimate responsible person for all financial matters, including USGAAP closing, local GAAP conversion, statutory reporting and audits, tax filing, etc.
Strategic Financial Support
- Active member of Affiliate Leadership Team / trusted business partner advising on affiliate business performance, opportunities and risks.
- Provide rigorous and insightful analysis of revenue and its components, margins/ratios and profit/contribution to drive improved performance.
- Monitor ongoing business performance against budgets/forecasts/KPI’s. Report on reasons for variances, advising local management on any appropriate action.
- Review and input on new investment proposals. Assist in the development of business cases, and coordinate with global finance to obtain approvals.
- Partner with PO&T / Supply Chain to ensure ordering, warehousing and distribution activities effectively support the Commercial Operations
P&L Management
- Manage P&L to achieve contribution / operating income targets
- Identifying risks and mitigation plans to ensure affiliate performance
- Proactively manage operating expenses and allocate resources to initiatives that generate appropriate returns.
- Ensure working capital is optimized, receivables are collected timely, and channel inventory is appropriate.
- Interface with GBS and International Controller on accounting issues where appropriate
FP&A Management
- Oversee all aspects of financial and resource planning, including the development of long-range plans, annual budgets, and quarterly forecasts through close coordination with local management and international finance teams.
- Lead in-depth monthly and quarterly financial reviews, highlighting key issues and insights for local and international management consideration.
- Lead financial reviews and play a key role in Annual Operating Plan
- Understand patient trends, derive supply needs
Internal Controls & Compliance
- Ensure that all procedures are in compliance with Corporate policies, local laws, US accounting practices and the Sarbanes-Oxley Act, as well as statutory accounting principles
- Manage communication with external and internal auditors, statutory fiscal & accounting authorities, as well as with legal advisors, update affiliate and corporate management on changes in financial practices
- Supervise General Accounting and monthly/quarterly/yearly closing process in co-operation with GBS Lead, and manage outsourced suppliers and finance partners
- Demonstrate a strong commitment to ethical behavior and Biogen Code of Business Conduct
Continuous Improvement and Project Management
- Support a review of internal cross-functional processes with a view to continually improving them, supporting execution on projects where applicable
- Supporting local implementation of new processes/projects, in line with corporate objectives
- Helping to identify areas for optimization of internal processes, utilizing GBS where possible, to drive efficiency
People Management
- Recruit and develop a high functioning team. Ensure adherence to corporate values and behaviors. Provide and encourage feedback.
- Develop and promote talents, organize succession planning and ensure that all members have a meaningful development plan.
Requirements
- Master’s degree Business or Finance related
- With at least 10 years of experience in Finance area
- Being a Finance Director for at least 3 years
- Prior biotech/pharma experience will be a plus
- Fluent in English and local language
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.
Skills Required
- Master's degree in Business or Finance
- At least 10 years of experience in finance
- Minimum 3 years as a Finance Director
- Fluent in English and local language
- Prior biotech/pharma experience
Biogen Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Biogen and has not been reviewed or approved by Biogen.
-
Fair & Transparent Compensation — Pay is generally positioned as competitive and often perceived as fair across roles, with total compensation framed as strong when bonus and equity are included. Compensation sentiment is described as above-average overall, though it varies by function and business cycle.
-
Equity Value & Accessibility — Equity programs are repeatedly highlighted as a meaningful part of the total package, including stock programs and an employee stock purchase plan. Equity and bonus elements are portrayed as important contributors to feeling well rewarded beyond base pay.
-
Leave & Time Off Breadth — Time-off benefits are described as distinctive, including a year-end shutdown and a paid sabbatical after extended tenure. Vacation, holidays, sick time, and personal-significance days are also presented as supportive of work-life needs.
Biogen Insights
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.
