Head, Finance NIBR BD&L

325031BR
Aug 06, 2021
USA

Job Description

The Head, Finance NIBR BD&L will lead the Novartis Institutes for Biomedical Research (NIBR) Finance Team and partner closely with the Head of BD&L to:

a) Drive BD&L strategy
b) Enable/participate in senior management decision making related to all global NIBR licensing, collaboration, equity investment, divestment, out licensing and acquisition deals
c) Execute on deals through being a key negotiation partner and manage all pre- and post-transaction financials of NIBR deals
d) Drive key external benchmarking analysis included R&D productivity of external collaborations

Key to this position is to enhance the value of the NIBR portfolio through BD&L transactions (Acquisitions, In-/Out-licensing, Research Collaborations, Divestments, Equity investments, Other), and to develop the BD&L strategy for NIBR together with Head BD&L.

The BD&L team is a Global network with representation in Cambridge, Basel, California and China

Responsibilities will include but are not limited to:

Define and Enable BD&L strategy
-Act as a trusted and respected advisor to NIBR senior management on all BD&L transactions under the “Open the Framework” collaboration strategy
-Create thoughtful financial deal structures; lead finance alignment with BD&L strategy in light of evolving P&L/BS/Cash Flow considerations
-Drive key external benchmarking analysis including R&D productivity of collaborations

Business Partnering
-Partner with BD&L management team to support negotiation, valuation and financial assessment of collaborations, tracking consistent and relevant deal comparables; resolving emerging alliance management topics with collaboration partners
-Coordinate relevant finance governance processes; evaluate and proactively communicate risks/opportunities and mitigation plans to management (e.g. Monthly NIBR Deal Committee meetings)
-Provide external perspective and insights -market tracking/monitoring of key deals, IPOs in a very active bio tech and academic environment

Lead the BD&L Finance FP&A function
-Ensure BD&L Finance team’s accountability and oversight for Strategic Planning, Budgeting & Forecasting for P&L/BS/Cash Flow, Monthly Reporting & Analysis, Public/Private equity management, and quarterly impairment and equity valuation processes
-Responsible to ensure final deal structure and terms comply with all internal and external accounting policies (Novartis Accounting Manual and IFRS).
-Liaise closely with other finance functions such as Financial Reporting and Analysis (FRA), Tax, Treasury, Group Finance, Country CFO teams, and Division BD&L and M&A Finance teams

Diversity & Inclusion / EEO

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Minimum Requirements

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
NIBR
CFO
USA
Cambridge, MA
Audit & Finance
Full Time
Regular
No
325031BR

Head, Finance NIBR BD&L

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