Associate Director, Gross to Net & Transfer Pricing FP&A
Location
Princeton, NJ | United States
Job description
Looking for a chance to make a meaningful difference in the oncology space? Taiho Oncology is on a mission: to improve the lives of patients with cancer, their families, and caregivers. Our "People first" approach means we also highly value our employees, who work relentlessly to help execute our mission. Taiho's success is founded on ensuring we always act with accountability, collaboration, and trust. By following these guiding principles, we earn and maintain the confidence of patients, the global healthcare community, collaborators and partners, and each other. Together, we are working on cutting-edge science and growing our portfolio and pipeline across a range of tumor types to address the ongoing and evolving needs of patients. Advanced technology, a world-class clinical development organization, and state-of-the-art facilities: these and other resources empower us to innovate and touch the lives of more and more patients. It's our work, our passion, and our legacy. We invite you to join us.
Hybrid Employee Value Proposition: Join our dynamic and expanding mid-size company in the role of Associate Director for Gross to Net and Transfer Pricing within FP&A, directly reporting to the Senior Vice President, Finance. Your expertise will play a pivotal role in ensuring the precision and dependability of forecasting Gross to Net figures, achieved through seamless cross functional collaboration. In addition, this role presents exciting opportunities for involvement in Transfer Pricing processes and calculations, offering you a platform to showcase and enhance your skills.
Position Summary: This pivotal role, reporting to the Senior Vice President, Finance, plays a crucial part in forecasting Gross to Net (GtN) figures for both commercial and pipeline products. The position involves close collaboration with the Accounting and Commercial teams, integrating in-house data and market trends into forecasting processes. Additionally, the incumbent supports all the activities related to Transfer Pricing, such as assisting Advance Pricing Agreement (APA) processes and calculating Transfer Price and aids assigned departments in budget creation and tracking.
Performance Objectives: - Develop, implement and optimize robust forecasting processes to ensure accuracy and reliability in predicting GtN figures for commercial and pipeline products by closely collaborating with Accounting and Commercial teams.
- Provide comprehensive GtN gap analysis between actual and budget.
- Collaborate with Accounting and Commercial teams to enhance forecasting tools, technologies, and methodologies for GtN.
- Play a pivotal role in Transfer Pricing APA processes by collaborating with internal and external stakeholders, including headquarters and external tax firms.
- Closely work with Taiho HQ (TPC) and calculate Transfer Price for intercompany transactions with TPC, ensuring alignment with relevant guidelines.
- Maintain the actual inventory unit movement in Taiho Adaptive Budget System (TABS) and reconcile with the accounting record to properly calculate the average COGS in TABS.
- Forecast royalty income from TPC and Otsuka Japan.
- Provide support to Finance, IT, Procurement, and Taiho Ventures in developing and tracking budget and updating forecast.
- Collaborate within FP&A team to provide back up when needed, e.g. TABS maintenance (CoA, coding, data refreshing, etc.), monthly recurring tasks, etc.
- Provide ad hoc analytical support and perform special projects as needed.
Education/Certification Requirements: - Bachelor's degree in Accounting or Finance
- CPA or CMA a plus
Knowledge, Skills, and Abilities: - Strong knowledge and experience in GtN forecasting in the pharmaceutical industry.
- Experience implementing and/ or using GtN automated forecasting tool.
- Minimum of 10 years' experience in accounting and finance, including min of 5 years in the FP&A role in the pharmaceutical industry.
- Experience or knowledge of Transfer Pricing a plus.
- Experience of implementing and/ or using Workday Adaptive Planning system or other planning analytics tool preferred.
- Knowledge of Microsoft Dynamics Business Central or other ERP system.
- Advanced in Microsoft Excel and PowerPoint.
- Strong finance skills, analytical ability, and solid business acumen
- Detail and quality oriented.
- Excellent writing and presentation skills.
- Ability to learn, integrate complex information, and communicate key insights in clear, concise fashion to team members.
- Ability to understand and implement prioritization of deliverables as well as recognize and highlight conflicts in priorities.
- A positive attitude, flexibility and a proactive thought process.
The pay range for this position at commencement of employment is expected to be between $175,950 - $207,000 annually; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as PTO, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
#LI-Hybrid
Equal Opportunity Employer Information: Taiho Oncology is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law. Any applicant who, because of a disability, needs an accommodation or assistance in completing an application or at any time during the application process, please email
[email protected]. Taiho Oncology also provides reasonable accommodations to employees with disabilities consistent with our obligations under the law. Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment qualified applicants with arrest and conviction records.
The incumbent in this position may be required to perform other duties, as assigned. Apply Now
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