Associate Director - Finance Business Partner
Plainsboro, NJ, US
About the Department
The Finance, Insights & Enterprise Solutions department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance, Insights & Enterprise Solutions works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, insights and analytics, delivering patient support solutions, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?
The Position
The Finance Business Partner is the main financial partner for one or more Executive teams (ET). The Finance BP is supporting evidence-based decision making based on solid financial planning and analysis to help drive business performance. The Finance BP is a member of the business unit leadership team and ensures support and challenge in line with Novo Nordisk, Inc. NNI’s strategy, opportunities, and risks.
The Finance BP is responsible for the individual and consolidated P&Ls for the supported areas, and serves a central role in liaising between Finance, Commercial Analytics and Insights, Pricing & Contracting as well as Strategy. As such, the Finance BP must ensure close collaboration with the respective commercial functions, strategic support teams in NNI as well as with global functions.
The Finance BP is accountable for participating and taking a leading role in multiple internal cross functional relationships & initiatives to ensure effective resource allocation and delivery of all functional and departmental milestones including providing input to the strategy and direction for financial performance at NNI.
Relationships
This position reports to a Director in NNI Business Finance. The position is required to regularly present to and interact with ET or LT level management of multiple functions. The position has a dotted line reporting relationship to heads of assigned business units/ET members.
Essential Functions
- Overall responsibility for the financial management and business partnering for relevant ET areas. This includes ownership of cost management and resource allocation during budget cycles, on-going operations/reporting and for strategic projects and changes
- Routinely communicates business unit’s financial and operational performance trends, historical and forecasted, using appropriate metrics. Brings recommendations and strategic implications to leaders in the therapeutic areas as well as NNI ET level and HQ
- Sets direction and leads the business unit’s planning process. Together with business unit leaders and cross-functional teams, must understand and incorporate demand trends, business risks and opportunities into financial forecasts & performance
- Support the Business Unit brand strategy and tactical process with financial analysis as well as liaise with business development on strategic business cases. A key part of this entails supporting the organization in the right allocation of resources to support the enterprise strategy and brand tactical plans
- Serves as business consultant for the areas and drives key projects and process improvements related to the financial performance, risks and opportunities, for better short- and long-term business performance, in the business units
- Drives close cross-functional collaboration, and alignment of priorities, within NNI and towards the broader NN organization including IO and HQ. Must establish and maintain close connections to both NNI and global stakeholders
- Drives Operational Effectiveness and Efficiency in relation to own and related business process. Continuously evaluate opportunities to optimize in order to deliver the results in the most effective way.
Physical Requirements
0-10% overnight travel required.
Qualifications
- Bachelor’s Degree within Finance, Business Administration or similar required and MBA preferred
- Significant experience (min. 7 years) in FP&A, financial management/partnering, project management, business development and/or management consulting
- Strong focus on process management, optimization, and structured workflows with high level of proactivity, energy, and ability to drive and complete projects. Must utilize time effectively and set priorities to manage multiple projects with time sensitive deadlines
- Strong stakeholder management, communication, and presentation skills with ability to influence stakeholders across the organization. Must be able to understand and define stakeholder needs and translate these needs into clear actions
- Ambitious mindset with a continuous improvement approach and a desire to simplify the way we operate and generate new ideas
- High level of independence, integrity, and accountability
- Strong ability to condense complicated data to key messages and recommendations
- Pharmaceutical industry experience preferred
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.