SUMMARY:
The Sr. Manager, FP&A will provide support for all financial aspects primarily in the Commercial area including reporting results, budgeting/forecasting, 3rd party vendor accruals, financial modeling, incentive compensation, and analytical and strategic support. This role will also provide support for corporate FP&A deliverables and integrate seamlessly with Exelixis' internal reporting and planning processes, including monthly reporting, quarterly forecast updates, annual budget, and long-range planning. The Sr. Manager will have one direct report.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Support the FP&A business partners within the Commercial organization, which includes Sales, Marketing, Market Access & Commercial Strategy, Analytics, & Operations
- Participate in all aspects of Financial Planning and Analysis for the Commercial area including but not limited to: budgeting, forecasting, latest estimates, multi-year forecasting, financial reviews for actuals to budget and forecast, ad hoc analysis, incentive compensation, tactical planning support, and management reporting
- Work closely with Accounting on the month-end and quarter-end close processes, including vendor confirmations, accruals, preliminary close analysis, reconciliations, etc.
- Manage incentive compensation accrual review procedures and direct quarterly payout approval process
- Develops standards for financial planning, including researching & employing best-in-class financial analysis techniques
- Prepare monthly variance analysis of actuals to forecast and budget, explain and investigate any major discrepancies, and understand key business drivers for the Commercial area
- Provide insights into remaining forecasted spend based on current actuals
- Prepare analysis to determine present and future financial performance to understand opportunities and risks to the forecast
- Update Commercial budget and forecast presentations
- Assist the FP&A business partner for the Commercial organization in managing day-to-day finance-related activities such as contract review, external vendor accruals, and payment tracking
- Responsible for headcount tracking and reconciliation to support planning cycles and Human Resources
- Review and analyze appropriate financial and operational data, identify trends, and develop reports and presentations for the Commercial cost centers
- Perform ad hoc analysis to support strategy discussions and decisions, process improvement initiatives, and other special projects as needed
- Drive continuous improvement efforts and initiate enhancements, both process and system-related
SUPERVISORY RESPONSIBILITIES:
- Responsible for continuing professional development of Sr Financial Analyst direct report
EDUCATION/EXPERIENCE/SKILLS:
Education:
- BS/BA degree in related discipline and nine years’ experience; or
- MS/MA degree in related discipline and seven years’ experience; or
- Equivalent combination of education and experience
Experience:
- A minimum of eight to ten years of related experience
- Strong budgeting, forecasting, and financial analysis experience required, with previous experience working with Commercial organizations
- Experience with financial systems (Hyperion Planning/Essbase/EPBCS and SAP) is preferred
- Experience in big Biotech/Pharmaceutical industry preferred
Knowledge/Skills/Abilities:
- Must have strong analytical, strategic, problem solving and organizational skills
- Strong communication (verbal and written) and presentation skills
- Ability to build strong relationships across all levels within an organization
- Team player with the ability to work independently, proactively, and effectively under pressure
- Broad business acumen and sound business judgment
- Advanced knowledge of Excel & PowerPoint
JOB COMPLEXITY:
- Ability to effectively manage multiple projects and competing priorities
- Willingness to work in a fast-paced and changing environment, meeting deadlines in an accurate and timely manner
- Requires excellent attention to detail while not losing sight of the big picture
- Exercises judgment in selecting methods, techniques, and evaluation criteria for obtaining results
- Network with key contacts outside own area of expertise
#LI-EZ1
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The base pay range for this position is $145,000 - $206,000 annually. The base pay range may take into account the candidate’s geographic region, which will adjust the pay depending on the specific work location. The base pay offered will take into account the candidate’s geographic region, job-related knowledge, skills, experience and internal equity, among other factors.
In addition to the base salary, as part of our Total Rewards program, Exelixis offers comprehensive employee benefits package, including a 401k plan with generous company contributions, group medical, dental and vision coverage, life and disability insurance, and flexible spending accounts. Employees are also eligible for a discretionary annual bonus program, or if field sales staff, a sales-based incentive plan. Exelixis also offers employees the opportunity to purchase company stock, and receive long-term incentives, 15 accrued vacation days in their first year, 17 paid holidays including a company-wide winter shutdown in December, and up to 10 sick days throughout the calendar year.
DISCLAIMER
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
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What We Do
Every Exelixis employee is united in an ambitious cause: to launch innovative medicines that give patients and their families hope for the future. In this pursuit, we know our employees are our most valuable asset. After operating in the challenging biotech sector for more than 25 years, we have a proven track record of resiliency in the face of adversity. The success of our lead product has provided a solid commercial foundation allowing us to reinvigorate our research efforts, and grow our team in areas such as Drug Discovery, Clinical Development and Commercial.
As we expand our global partnerships and further reinvest in R&D to help us discover the next breakthrough for difficult-to-treat cancers, we’re seeking to add talented, dedicated employees to power our mission.
Cancer is our cause. Make it yours, too.
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For more information about Exelixis, please visit www.exelixis.com, follow @ExelixisInc on Twitter or like Exelixis, Inc. on Facebook.
