Finance Manager, Business Innovation - Pfizer
New York City, NY
About the Job
This Finance Manager role is a great opportunity for a candidate to develop a broad range of financial management skills that cross multiple areas at Pfizer. This role oversees the finance operations of the entire Business Innovation (BI) organization, including the complex P&L associated with the Ignite division (formerly known as Partner of Choice) and the complexities that arise from this service revenue business.
This role will support the Ignite business in all P&L accounting, including managing the complex revenue accounting. This position will manage all Ignite clinical trials budgeting and forecasting, partnering across PRD and ORD organizations to oversee the financial aspects of these trials that Ignite performs on their customers’ behalf. In addition, this role will partner with all BI leaders to oversee their teams’ expense budget. Finally, the successful candidate will also lead the effort to improve the efficiency of the Ignite revenue recognition and invoicing processes, leveraging the platform support of the Pfizer enterprise.
ROLE RESPONSIBILITIES
- Lead the Budgeting and forecasting process for all expenses related to the Business Innovation organization
- Report consolidated BI reports to Leadership
- Lead finance and accounting operations for the Ignite business
- Manage all details of Ignite’s complex, customer-level revenue accounting, deferred revenue recognition, invoicing and payment tracking
- Streamline finance processes to support Ignite business related to the customer invoicing process and recognizing revenue
- Coordinate with Controllers to determine appropriate accounting treatment for Ignite financials
- Create and maintain necessary GL accounts, MPG and Cost Center structure for proper accounting and reporting
- Work cross functionally with R&D finance and other R&D functions to support the Ignite clinical trials budgets and forecasts
- Lead month-end financial close and reporting responsibilities for Business Innovation
- Track and report P&L for each of the Ignite contract
- Manage balance sheet accounts related to Ignite financials and perform periodic reviews (Accounts Receivables, Allowance for Doubtful Accounts, etc.)
BASIC QUALIFICATIONS
- Bachelor’s degree in finance, accounting or related field required
- 5 years of finance work experience or 3 years with MBA
- Knowledge of SAP, Global Mosaic/SmartView and fluency in Microsoft Office tools, plus Pfizer finance coding structures (Legal Entities, major product groups, GL accounts, cost centers, etc)
- Familiarity with Pfizer finance policies and internal processes
- Experience should include budgeting, forecasting, planning and analysis for a global organization
- Knowledge of accounting and prior experience in monthly financial close activities
- Ability to communicate financial concepts to business leaders and successful experience operating in highly matrixed organizations
- Ability to work independently, under pressure and amid ambiguity
- Self-starter who brings energy, enthusiasm and a positive attitude to responsibilities and projects
PREFERRED QUALIFICATIONS
- Advanced degree, MBA
- Previous experience with Non-Product Invoicing, customer set-up in SAP and financial flows process
- Previous experience partnering with R&D cross functional teams to budget and forecast clinical trial expenses
- Previous experience managing operational budgets including compensation
Other Job Details
- Last day to apply: Friday, October 25, 2024
- Must be able to work in assigned Pfizer office 2-3 days per week, or as needed by the business
- This is not a remote role
The annual base salary for this position ranges from $93,500.00 to $155,900.00. In addition, this position is eligible for participation in Pfizer’s Global Performance Plan with a bonus target of 12.5% of the base salary and eligibility to participate in our share based long term incentive program. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life’s moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site – U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided does not apply to Tampa, FL or any location outside of the United States.
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider’s name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
Finance & Accounting
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