Director, Business Finance
Parsippany, United States, New Jersey, 07054
Who we are
The opportunity
Pivotal leadership role within the North America (NA) Finance team, deeply embedded in operations and attuned to the fast pace and dynamics of the organization. The ideal candidate is a seasoned finance professional with strong business acumen, deep knowledge of the pharmaceutical industry, and a proven track record of driving performance.
This role offers high visibility to senior leadership and plays a strategic role in providing decision support for the NA Commercial business. Requires the ability to lead and foster cross-functional relationships while guiding finance teams and Global Business Services through key financial processes, deadlines and deliverables with efficiency and impact. The position will support the full US P&L and will identify and communicate issues and opportunities and provide actionable insights across NA Finance.
How you’ll spend your day
Key Responsibilities:
• Budgeting and Forecasting:
o Lead the planning processes for US - Last Best Estimates (LBE), Annual Operating Plans (AOP), Long Range Plans (LRP) including the preparation of detailed financial forecasts and variance analysis.
o Lead end-to-end delivery of financial forecasting processes, including communications, timetables, and data requirements.
• Financial Analysis:
o Strong attention to detail, with an initiative-taking, change management and problem-solving mindset.
o Partner with cross-functional teams to conduct in-depth financial analyses to identify trends, risks, and opportunities.
o Monitor and control expenses, ensuring adherence to budgetary guidelines, and identifying areas for cost optimization.
o Support senior leadership on ad hoc research and analysis for strategic projects.
• Deliverables, Reporting, and Presentation:
o Drive quarterly close processes and ensure accuracy of actuals.
o Act as a liaison between corporate finance requirements and local execution.
o Ability to lead internal calls & meetings, providing agendas, meeting goals, and tracking all deliverables.
o Prepare and present financial results and insights to leadership teams.
• Team Leadership:
o Champion continuous improvement in financial reporting, budgeting, and forecasting processes, including systems optimization; serve as a key member of the SAC Task Force.
o Mentor and collaborate with Global Business Services offshore teams supporting NA Finance ensuring high performance and professional development.
• Technology Integration and Process Improvement:
o Drive continuous improvement of internal financial reporting, budgeting & forecasting processes including supporting systems.
o Develop and implement financial systems, processes, and controls to enhance efficiency and accuracy.
o Drive automation in the forecasting and reporting processes to reduce manual effort, improve accuracy, and enhance operational efficiency with technology integration & process automation.
Your experience and qualifications
Qualifications
• Education: Bachelor of Science degree in Finance, Accounting, Economics, or a related field; MBA or CPA preferred.
• Experience: Eight to ten years of experience in financial planning and analysis, preferably in the pharmaceutical industry.
• Skills: Adept at managing ambiguity and multiple priorities. Operationally involved, market sensitive, & attuned to the urgency, pace & energy of the organization. Enthusiastic and driven with a self-starter attitude.
o Strong analytical, problem-solving, and interpersonal skills with ability to process and distill large volumes of qualitative and quantitative information into clear, compelling narratives for senior leadership.
o Possesses ethics and integrity when dealing with confidential and sensitive information.
o Strong business acumen and intellectual curiosity to uncover key business drivers and insights and drive continuous improvement.
o Strong organizational and prioritization skills.
o Advanced financial modeling and analytical skills, with experience in evaluating complex business cases.
o Experience with financial planning systems and data extraction tools and proficiency in Excel and PowerPoint; experience specifically with SAC, BI, SAP, and AI tools is a plus.
Compensation Data
The annual starting salary for this position is between $158,000 – $198,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.
Enjoy a more rewarding choice
We offer a competitive benefits package, including:
- Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
- Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
- Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
- Life and Disability Protection: Company paid Life and Disability insurance.
- Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.
Already Working @TEVA?
If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site
The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.
Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.
Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.