Senior Manager, R&D Financial Planning & Analysis

We are seeking a Senior Manager, R&D Financial Planning & Analysis to join our growing Financial Planning & Analysis team. The Senior Manager, Financial Planning & Analysis will support the R&D finance function and serve as a business partner to the Research & Development organization. This role will support Xenon’s growing portfolio of development programs by enabling effective financial forecasting, reporting and analysis of operating results to enable sound business decisions. This is a hands-on role which will work cross-functionally across Xenon.  

This position reports to the Associate Director, Financial Planning & Analysis and will be based out of our Boston, USA office in Needham, MA.

RESPONSIBILITIES:

• Serve as financial business partner to the Clinical organization, with a focus on clinical operations to drive effective business decision making; clear understanding of current and future status of ongoing non-clinical studies and clinical trials activities to drive the timely preparation of budgetary, forecast, long-range planning assumptions and cost inputs to the overall planning process, and challenge assumptions to ensure sound financial decisions and to achieve corporate objectives and targets.
• Supports all budgeting and forecasting initiatives for the Clinical function, including monthly and quarterly reporting of financial results for management and department heads.
• Partner with CRO to meet internal financial deliverables.
• Manage the quarterly forecasting process by partnering with Clinical managers to align the forecast with the most current business assumptions.
• Manage accounting close activities including accruals, audit support, analytics reporting, and collaborate with accounting team.
• Review and assess proposed financial terms and costs for vendor contracts and support contract negotiations to ensure sound financial decisions.
• Provide in-depth analysis of business results and explain variances, identify emerging risks and opportunities and regularly communicate findings to the Clinical team.
• Develop and maintain financial models for clinical studies  
• Assist with developing dashboards and advanced analytics to support decision making; contribute reports for the consolidation of the monthly and quarterly reporting packages
• Actively develop and maintain collaborative relationships across the company to effectively achieve project/program and Corporate goals. 
• In collaboration with the Associate Director, Financial Planning & Analysis, continuously support and/or optimize processes to increase efficiency, accuracy, and scalability.
• Act in accordance with Company policies, including, for example, the Code of Business Conduct and Ethics and ensure policies are understood and followed by direct reports, if any.
• Other duties as required.

QUALIFICATIONS:

• Bachelor’s Degree or equivalent required.
• Professional designation (CPA, MBA or CFA) preferred.
• Minimum of 5-8 years’ related finance and management experience.
• Biotech experience in a development-stage company or pharmaceutical experience is required.
• Exceptional financial modelling and analysis skills with strong attention to detail and accuracy.
• Excellent oral and written communication, leadership, and interpersonal skills as well as the ability to build credibility and trust inside the Company.
• Excellent analytical and problem-solving skills with sound business judgement, with an ability to constructively challenge assumptions.
• Experience with Adaptive Planning or similar budgeting software and tools.
• Excellent organizational skills with the ability to manage concurrent deliverables and work effectively with minimal direction in a challenging, high performance and changing environment.
• Strong aptitude with financial tools and systems, experience with implementations and system enhancement projects.
• A hands-on approach to working with R&D groups and other stakeholders across the organization in addressing challenges and developing solutions.