Finance Business Partner

Job Description

The Finance Business Partner is responsible for supporting the General Manager and leadership team, tracking business financial performance, demand planning, and interactions with wholesalers. This is a full-time role which can be performed remotely, or at the office in South Cambridge. There will be occasional travel to European headquarters.

Duties & Responsibilities

Planning and Forecasting

• Lead and coordinate planning/forecasting processes in alignment with General Manager: Long Range Plan (5 years), Annual budget and forecast projections.
• Inputting respective proposals into Effectplan (company planning tool).
• Supporting the General Manager in the business information exchange between UK and overseas headquarters.
• Support the UK General Manager and collaborate with headquarters developing ad hoc business cases.

Monthly Activities

• Approving and co-ordinating invoices for payment.
• Prepare monthly pre-liminary and actual rebate accruals for posting each month.
• Attend monthly meeting with European accounting contacts to approve accruals and costs.
• Post month end closing.
• Code and approve the monthly reclaim Alliance invoice.
• Coding of monthly travel invoices.
• Complete monthly HQ reporting package and monitor monthly closing to identify and explain any material deviations vs forecast and plan/LRP, analyse them.
• Prepare the Rand Report liaising with Head of Criminal Justice.
• Monitor daily stock levels within distribution and liaise on replenishment of stock levels with Wholesaler and Pre Wholesaler.
• Prepare monthly finance pack and KPIs for Leadership team.

Pricing and Rebates

• Co-ordinate new contracts alongside the Sales team for agreed rebates. Review and monitor ongoing contracts for expiry. Issuing new contracts when required and uploading to central share point.
• Submitting updated pricing when agreed with the Distributor in line with local agreements.
• Quarterly reconciliation of all rebate accounts.
• Up Front Payment accounts – drafting agreements and coordinating payment requests to customer in adobe sign. Updating monthly trackers and monitoring balances – highlighting with sales leads when accounts require additional payments.

Supply and Distribution

• Coordinate and support demand planning process.
• Act as key contract with distributors.
• Monitor overseas monthly stock, escalating to supply chain on shortages and out of stock.
• Attend and support monthly meetings with Pre wholesalers and distributors.

Candidates must have the following essential skills:

• Approximately three to five years’ experience from a similar position in pharmaceutical company.
• Excellent verbal and written communication skills and interpersonal skills
• Critical Thinking
• Shows high level of initiative while seeking appropriate stakeholder input/agreement as required
• Be able to work with autonomy and independence as well as a member of cross functional teams.
• Highly organised whilst showing flexibility in response to changing situations/environment.
• Good general understanding of pharmaceutical markets.
• Proficient in MS Excel.
• Knowledge in D365 (ERP) (Effectplan and PowerBI training will be provided).

To be suitable for this role, candidates will need the following qualifications:

• Professional Accountancy qualification (eg, ACCA, CIMA, ACA)
• Business / Finance related degree or certificate

Our client is an innovative company that is currently expanding and establishing in new markets. If you’re passionate and dedicated, they will be an excellent company for you to join.