Department: Finance

Senior Director, R&D Financial Analysis & Forecasting

Summary:

The Senior Director of R&D Financial Analysis and Forecasting will support R&D financial management, including contracting, budgeting, tracking, forecasting, and implementing financial models to support R&D leadership in financial management.  This position will report to the head of Research and Development, with a dotted line responsibility to the CFO.

Position description:

  • Understanding the financial needs and drivers across the TB Alliance R&D portfolio to provide both strategic and operational financial support, on a functional (e.g. CMC, Clinical) and integrated program (i.e., project-specific) basis, and for the total R&D budget.
  • Lead annual budget planning, forecast updates and assist in long-range financial plans for all functional and integrated program budgets within R&D, and for the total R&D budget.
  • Collaborate with functional leads, project leads, and project managers to provide financial support and guidance, and to ensure alignment of financial assumptions and variables.
  • Participate in the procurement process for material agreements and provide task level support to ensure clear understanding of terms in vendor contracts for proper monitoring of contracts and related modifications.
  • Serve as primary finance lead for external partnerships and collaborations for Research & Development; support reporting, invoicing, and planning to satisfy contractual agreement requirements.
  • Establish and maintain strong relationships with key internal (and external stakeholders (e.g. CRO finance partners,) and help troubleshoot finance-related issues.
  • Oversee clinical trial expenses and track variance from plan, identify/understand major clinical operational drivers updating models as needed, and forecast remaining cash flow through end of trials
  • Lead monthly management reporting for functional and total R&D budgets, and periodic management reporting for integrated program budgets. Provide key insights that require attention and enable budget owners to establish and manage budgets.
  • Prepare ad-hoc monthly / quarterly financial deliverables as needed.
  • Partner with accounting team during quarter-end close with related spend/accruals.
  • Drive continuous improvement to streamline processes and improve communication and flow of information between Finance and R&D.
  • Manage R&D financial analyst and other support
  • Responsible for compliance with applicable GxP regulations in performing the functions of the job and attendance at annual GxP or other applicable regulatory trainings provided by the TB Alliance.

Ideal candidates will have:

  • Bachelor’s Degree preferably in Accounting or Finance. MBA and/or CPA preferred.
  • 15+ years of finance-related experience with at least five years in FP&A required.
  • Life Science/Biotech experience required as well as experience in budgeting and forecasting drug development programs and clinical trials.
  • Understanding of generally accepted accounting principles to ensure forecasts align with financial reporting
  • Understanding of internal controls.
  • Prior experience with ERP systems, Financial Planning tools and other financial systems required.
  • Strong excel and modeling skills

Location:

New York, NY

Organizational Information:

TB Alliance is a not-for-profit organization dedicated to the discovery and development of better, faster, affordable tuberculosis drugs that are available to those who need them.Through innovative science and with partners around the globe, we lead a global effort to ensure development of and equitable access to faster, better tuberculosis cures that will advance global health and prosperity.

With an annual operating budget of approximately $60 million, the TB Alliance leads the advancement of the most comprehensive R&D portfolio of TB drug candidates in history. Additionally, the TB Alliance drives efforts to ensure regulatory approval, country adoption of new regimens, and widespread availability of new drug regimens to patients. For more information, please access the website: www.tballiance.org.

Our Pipeline

TB Alliance manages the largest pipeline of new TB drugs in history.

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