The Senior Financial Analyst is responsible for assisting with the global, consolidated financial budgets/forecasts and analyzing budget variances for assigned department(s). This person also assists with the preparation and distribution of quarterly reports to senior management highlighting and reporting on variances from budget and prior forecast.
The Senior Financial Analyst works closely with the corporate accounting organization to ensure proper expense recognition and compliance with internal controls.
The incumbent works cross-functionally with internal departments and external resources as needed on finance-related issues.
The Senior Financial Analyst supports adherence to relevant regulatory/compliance requirements and company Standard Operating Procedures (SOPs) as appropriate.
Reports to the Associate Director of FP&A.
Prepares the annual, global consolidated budget for assigned department(s). This may include entry/on-going maintenance of assigned department(s) budgets within the company’s budgeting system.
Provides support to budget owners on annual budget(s) and long-range forecast processes. Provides periodic budget forecast updates.
Supports corporate accounting requirements, ensure proper expense recognition, and compliance with internal controls.
Supports the Associate Director and business key stakeholders in other activities as assigned. This may include participation in Request for Proposal (RFP) processes with external service providers, preparing comparative analyses of competing vendor bids and recommendation presentations.
May interact with external service providers to ensure proper invoicing, expense recognition or other finance-related activities.
Prepares and distributes Budget Variance Analysis (BVA) reports and preforms analysis of current vs. annual plans.
Maintains and updates monthly accruals files and supports vendor invoice adjudication
Generates purchase order requisitions and communicates with vendors regarding purchase orders status
Maintains close communication with financial leaders at the business unit and functional level to ensure timely understanding of risk factors that may impact forecasts.
Maintains Headcount tracker for all R&D Departments
Develops and builds expense tracking models supporting assigned department(s).
Performs analysis of large amounts of data to understand the “story behind the numbers”.
Maintains standard reporting tools to help identify key risks and opportunities.
Supports financial and business controls and standards including SOX requirements.
Prepares applicable management reporting, KPI and audit schedules as necessary.
Performs other tasks and assignments as needed and specified by management. This may include special projects/ad hoc financial analyses as necessary.
Describe the following criteria, which are necessary to effectively perform the position:
* Minimum level of education and years of relevant work experience.
Bachelor’s degree in Finance or Accounting and a minimum of 3 years of relevant financial planning and analysis experience, preferably within a pharmaceutical, biotechnology or related environment.
* Special knowledge or skills needed and/or licenses or certificates required.
Demonstrated understanding of the budgeting process.
Demonstrated experience performing modeling, forecasting and budgeting-related financial activities.
Solid accounting and financial reporting experience in an operational environment.
Demonstrated ability to approach assignments with intellectual curiosity and analytical mindset, particularly as it relates to process improvement and business effectiveness.
Proven experience and ability to be an effective financial partner to the business.
Demonstrated self-starter with strong attention to detail.
Advanced proficiency with Excel and PowerPoint, Oracle ERP, PBCS, Power BI and Microsoft Teams.
Excellent verbal, written and presentation skills with the ability to tailor communications to varying levels with the organization.
Ability to work independently and collaboratively, as required, in a fast-paced, matrixed, team environment consisting of internal and external team members.
Analytical thinker with excellent problem-solving skills and the ability to adapt to changing priorities and deadlines.
Excellent planning, organization and time management skills including the ability to support and prioritize multiple projects.
* Travel requirements
Office based position
PTC Therapeutics is an equal opportunity employer. We welcome applications from all individuals, regardless of race, color, national origin, gender, age, physical characteristics, social origin, disability, religion, family status, pregnancy, sexual orientation, gender identity, gender expression, disability, veteran status or any unlawful criterion under applicable law. We are committed to treating all applicants fairly and avoiding discrimination.