Senior Manager, Forecasting - Innovative Medicines

Who we are

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

The opportunity

The Senior Manager of Forecasting is responsible for developing forecasts for a subset of products critical to Teva’s portfolio. This role focuses on delivering accurate forecasts, rigorous analyses, and actionable insights that support goal setting and enable the achievement of strategic and financial objectives across brands within Teva’s therapeutic areas. Core responsibilities include developing product forecasts, long-range plans, and supply plans, as well as advising commercial leadership on performance outlooks and key assumptions. The role requires close collaboration with Insights and Analytics, Marketing/Brand, Sales, Finance, Supply Chain, and Medical teams. Effectively communicating forecasts through clear, concise narratives is essential to educating the organization on product performance trajectories and shaping brand strategy.

Location: This is a hybrid position (3 days/week onsite) based in Parsippany, NJ.

How you’ll spend your day

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

· Develop models for sales trending, forecasting, business planning, and long-range planning.

· Provide forecast outputs to Finance, Marketing, Sales Operations, and Supply Planners for use in official financial forecasts, sales quotas and incentive comp, and supply plan forecasts.

· Support the Sales and Operations Planning (S&OP) process reviews.

· Work closely with US brand teams and a Director of Forecasting on development of inline and pipeline forecasts.

· Work with a Director of Forecasting to develop new forecasting tools and optimize existing models.

· Lead cross-functional teams to determine appropriate forecast model designs, formulate key assumptions, and align with business partners.

· Collaborate with the Director of Forecasting and proactively identify forecasting needs, develop plans, and provide input into business development, business planning, and budgeting processes for key activities.

· Triangulate forecasting models based on alternative approaches including trends/events and bottom-up modelling.

· Work cross-functionally and with the Director of Forecasting to bring appropriate analogues/historical knowledge to project impact of promotional efforts, market access changes, competitive events, scientific developments, regulatory evolution, etc.

Your experience and qualifications

Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

Education/Certification/Experience:

· Minimum 3 years of pharmaceutical, healthcare, or related industry experience. Inline/pipeline forecasting preferred. (Data Analytics, Consulting, Investment Banking, and Equity Research backgrounds also encouraged to apply.)

· Bachelor’s degree in business, Finance, Analytics, Economics preferred.

· MBA or master’s degree in Analytics/Statistics a plus.

Skills/Knowledge/Abilities:

· Intellectual curiosity to go beyond the numbers/bring strategic ideas and insights.

· Strong technical skills to build forecasting tools, leverage secondary data and rollout to US Innovative Medicines team.

· Ability to collect forecasting data from models and organize for data lake consolidation platform.

· Proven excellent communication and collaborative skills.

· Industry knowledge, understanding of regulatory environment, and good grasp of access dynamics.

TRAVEL REQUIREMENTS

Approximately 5-10% domestic travel throughout the US and Canada.

PHYSICAL REQUIREMENTS:

Occasional:

· Sitting for extended periods of time at workstation or mobile equipment.

Visual Acuity:

· Perform activities such as computer work, preparing and analyzing data, and extensive reading.

WORKING ENVIRONMENT

· May be required to wear personal protective equipment (PPE) as needed on site visits (i.e. safety glasses, hearing protection, gloves)

Compensation Data

The annual starting salary for this position is between $134,480-$168,100 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. 

How We'll Take Care of You

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.