R&D Finance, Associate

Posted 2 Days Ago
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Groton, CT
Hybrid
65K-108K Annually
Junior
Artificial Intelligence • Healthtech • Machine Learning • Natural Language Processing • Biotech • Pharmaceutical
We’re in relentless pursuit of breakthroughs that change patients’ lives.
The Role
The R&D Finance Associate supports Finance Managers in budgeting, forecasting, and financial analysis for study projects. Responsibilities include maintaining forecasts, performing analyses, managing budgets, and coordinating with various teams to ensure accurate financial reporting and compliance with finance policies.
Summary Generated by Built In

The R&D Finance Associate role collaborates with study teams and provides support to Finance Managers by preparing financial information (budgeting, forecasting and financial analysis) for late and early-stage studies and several established medicine studies spanning the categories within PRD and ORD Portfolios. The colleague will coordinate information from various sources across the PRD and ORD organizations to prepare budgets and forecasts for the medicines and may provide support to operating lines.
ROLE RESPONSIBILITIES

  • Responsible for providing life of study budget and forecast support for established medicines studies across the PFE early and late stage portfolios
  • Perform detailed analysis to support the strategic needs of the Finance Managers
  • Responsible to maintain updated forecast data into R&D Mosaic and POD R&D. May be responsible to provide analytical financial support for operating lines
  • Routinely interacts with the Finance Managers, Study Managers, Clinical Study Team Leads, as well as supports the clinical teams and Pharm Sci teams in managing medicine life of program budgets and advises on financial impacts operational decisions (hereinafter referred to Client/Partners)
  • Develop the complete Study Budget in partnership with Client/Partners
  • Manage the relationship with one of the Preferred Partner (monthly meetings, PO tracking, facilitations of amendments, invoice-related issues, and ad-hoc requests
  • Provide support to Finance Partners. Duties include but are not limited to the following: Monthly accruals, forecasting, budgeting, participation in the Operating Plan process, providing ad-hoc reporting (as required) and attending key client meetings and participation on special project teams
  • Coordinates information from various sources across the WRDM and GPD organizations to prepare budgets and forecasts for the medicines and ensures accuracy of actual spend reporting and accrual balances and conducts ad hoc analysis to assist with decision making
  • Should have solid financial and analytical skills, a demonstrated ability to work proactively, which will further enable the candidate to advise, support and problem solve with Client/Partner
  • Prepare business results, financial projections and analyses, Identify trends, opportunities and recommendations for action to clients
  • Coordinates budgeting and forecasting processes with clients and other internal stakeholders to ensure quality, accuracy and timeliness of the month end close and reporting, forecasts, and annual operating plan
  • Ensure compliance with all fiduciary responsibilities and finance policies


BASIC QUALIFICATIONS

  • Bachelor's Degree
  • 1+ years of finance related experience
  • Experience with the Microsoft suite of applications, SAP and Mosaic


Other Job Details

  • Last day to apply: January 3, 2025
  • Must be able to work in assigned Pfizer office 2-3 days per week, or as needed by the business
  • This role is NOT remote


The annual base salary for this position ranges from $64,600.00 to $107,600.00. In addition, this position is eligible for participation in Pfizer's Global Performance Plan with a bonus target of 7.5% of the base salary. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life's moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site - U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided applies to the Tampa, FL location only. The salary range provided does not apply to any other United States location or locations outside of the United States.
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider's name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
Finance & Accounting
#LI-PFE

Top Skills

Microsoft Suite
Mosaic
SAP

What the Team is Saying

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Anna
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The Company
HQ: New York, NY
121,990 Employees
Hybrid Workplace
Year Founded: 1848

What We Do

Our purpose ensures that patients remain at the center of all we do. We live our purpose by sourcing the best science in the world; partnering with others in the healthcare system to improve access to our medicines; using digital technologies to enhance our drug discovery and development, as well as patient outcomes; and leading the conversation to advocate for pro-innovation/pro-patient policies.

Why Work With Us

We are the inventors, the problem solvers, the big thinkers — those who surmount any hurdle to deliver breakthrough medicines to the people who are counting on them the most.

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