Commercial Finance Manager

Company: Arena Pharmaceuticals
Location: Boston
Posted on: June 12, 2021

Job Description:

Arena Pharmaceuticals is driven to deliver novel, transformational medicines with optimized pharmacology and pharmacokinetics to patients globally. Arena's proprietary pipeline includes multiple potentially first or best-in-class assets with broad clinical utility.

The Opportunity:

The Commercial Finance Manager will be a critical member of the FP&A team that directly supports our Commercial organization and other Corporate Finance initiatives, such as BD transactions and decision support. Reporting to the Associate Director, Commercial and BD Finance, this role will be working closely across the matrix of R&D and Commercial functions and programs. Responsibilities include maintaining complex commercial cost calculations and models utilizing advanced Excel capabilities. This individual must be detail oriented, comfortable with large datasets, and have experience working with monthly Financial close.

What You Will Dive Into:

• Finance business partner to a matrix of Commercial functions and programs, support their financial management and delivery of reporting packages
• Responsible for driving monthly close activities, quarterly forecast, annual budget, and long-range plan processes in support of the Commercial teams; continuously refine spend forecast and provide information to help make informed decision and recommendations
• Maintain an in-depth understanding of key performance drivers and highlight those to Management
• Maintaining Commercial accrual model for monthly accounting close
• Collaborate with the Accounting team to continuously strive efficiency in the model and process to shorten month-end close while adhering to SOX internal controls framework
• Drive continual improvement to process, systems, and financial tools
• Ad-hoc Corporate Finance and BD projects, and other duties as assigned

What We Expect:

• BA or BS degree with 5+ years of relevant progressive Finance or Accounting experience required. Biotech or pharmaceuticals industry experience is a plus.
• Advanced (expert level) skills in MS Excel (including Macros, VBA, and complex formulas)
• Able to extract pertinent data from ERP system to support above duties, comfortable working with large data sets
• Fluency with analyzing and interpreting financial statements
• Strong analytical, financial modeling and problem-solving skills
• Adapts to change and strives for continuous improvement
• Ability to complete projects timely and accurately
• Must be detail oriented with strong organizational skills
• Excellent interpersonal (team player/ability to work cross functionally) skills required
• Strong verbal and written communication skills

What We Offer:

• To be part of a growing company and fantastic team passionate about developing novel drug therapies to improve people's lives
• Opportunities to learn and contribute to creative solutions
• Competitive compensation package including long-term incentives
• Comprehensive health insurance (highly subsidized cost sharing on all medical plans)
• Generous matching 401k retirement plan
• Flexible time off policy and holidays including two company-wide shut-down periods each year
• Multi-cultural work environment
• Company celebrations

Arena celebrates and supports our differences and is proud to be an Equal Employment Opportunity and workplace. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. Arena is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance due to a disability, you may contact us at jobs@arenapharm.com.

By submitting a resume for consideration, applicants verify that they have read Arena's Applicant Personal Information Privacy Notice.

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Keywords: Arena Pharmaceuticals, Boston , Commercial Finance Manager, Other , Boston, Massachusetts