Senior Manager - Strategic Finance

Facility:  Finance
Location: 

Plainsboro, NJ, US

About the Department                                                                                                                                                 

At Novo Nordisk, our Strategy, Finance, and Operations team works to provide strategic direction to the company, ensuring that everything we do is viable and built to last. Overseeing and safeguarding Novo Nordisk’s short and long-term planning, the Strategy, Finance and Operations team works closely with the business across the organization to develop strategies and business plans, monitor industry trends, and provide operating recommendations. We regulate accounting, uphold workplace safety, manage our supply chain and sampling, support technology, provide commercial insights & analytics, maintain our facilities and assure 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 the opportunity for continuous learning and personal development. Are you ready to realize your potential?

 

The Position

The Strategic Finance team runs the annual update of the Long-Term Forecast (LTF) for North America Operations (NAO). The process relies on collaboration with cross-functional subject matter experts, high level of market understanding and excellent analytical capabilities to develop and maintain complex forecasting models. Leads development of financial analysis for internal development options based on a holistic market view including scenario modelling and trade-off analysis to provide strategic recommendations across the Novo Nordisk portfolio. Supports evaluation of external business development opportunities.

 

Relationships

Reports to the Senior Director of Strategic Finance. Internal interactions include stakeholders across the NAO organisation as well as global counterparts to ensure long-term forecast coordination across Novo Nordisk. External relationships may include interactions with various subject matter experts and vendors based on the needs of special projects or implementation of new programs.

 

Essential Functions

  • Actively engage with key stakeholders to develop identified financial scenarios and to assist the SD of strategic finance with the development of Novo Nordisk Inc (NNI) enterprise and portfolio strategy development

  • Able to independently drive cross-functional business cases and ad-hoc projects from idea to conclusion

  • Actively coordinate and align with other forecast process owners to ensure synchronization and consistency with the strategic scenario forecast process where relevant

  • Maintain and operate the NNI scenario forecast model tool. Perform periodic data updates and review same for ongoing integrity

  • Review model output and findings for reasonableness and summarize with recommendations for discussion and alignment without oversight from the senior director of strategic finance before presentation to stakeholder groups

  • Derives financial recommendations independently based on internal and external analyses and investment alternatives

  • Will be part of the Strategic Finance team that has the mandate to

  • Actively manage the strategic scenario forecasting at NNI in support of the 3-5 year business strategy for Novo Nordisk, Inc. to ensure evidence-based foundation for strategic direction for NNI and the Business Units

  • Establish and continuously adapt NNIs strategic forecasting process to guide and coordinate various levels of cross-organizational input to strategic forecasts in guidance of strategy development, business development and ad hoc scenarios

  • Identify, prioritize and review key strategic financial scenarios with the aim of communicating and challenging priority on the key drivers

  • Maintains an enterprise lens to ensure enterprise-wide initiatives, scenarios, risks, and opportunities are reflected in the financial scenarios

  • Ensures alignment of BU and Functional (Diabetes Sales, Market Access, and Medical) processes to NNIs scenario forecasting process in order to drive simplicity, accuracy, and efficiency relative to pursuing common goals

  • Partners with BUs to facilitate development of relevant financial scenarios for business unit and portfolio strategy development

  • Develops recommendations to business unit heads as well as senior management based on financial analyses of strategic questions/options and provide evidence-based recommendations

  • Conducts trade-off analyses to inform investment decisions

  • Partners with Enterprise Strategy, Commercial Insights and Analytics, Pricing, Contracting, Operations and Reimbursement (PCOR), Market Access, Public Affairs and CMR as well as and BU leaders to drive and align strategic scenario forecasting inputs and outputs

  • Serves as liaison and strong collaborator with NNI and Global stakeholders

  • Provides sparring and input to colleagues and key stakeholders

 

Physical Requirements

0-10% overnight travel required.

 

Qualifications

  • A Bachelor's degree in Accounting, Finance and or relevant field of study is required, advanced degree is preferred

  • A minimum of 8 years of progressively relevant financial planning, strategic planning, merger and acquisition, consultancy experience required; pharmaceutical or CPG industries strongly preferred. Two years of relevant experience may be substituted for advanced degree

  • Functional expert in Excel and PowerPoint. Hands-on experience with financial modelling and/or sales forecasting strongly preferred

  • Strategy development as well as Business Development experience strongly preferred

  • Understanding of the external marketplace and familiarity in metabolic disease areas preferred

  • Strategic thinker with excellent analytical and financial forecasting ability. Ability to collaborate across all functions and levels

  • Strong decision-making skills through demonstrated ability to leverage evidenced-based insights and sound judgement into strategy development, deployment, and optimization

  • Must possess the ability to develop simple and clear communications and to present same to all levels of stakeholders

  • Project management, process development and change management experience a plus

  • Ability to manage competing priorities; strong organizational skills; demonstrated ability to streamline and simplify complex concepts for broader audience

 

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.

 

Novo Nordisk requires all new hires to be fully vaccinated against COVID-19 prior to the first date of employment. As required by applicable law, Novo Nordisk will consider requests for reasonable accommodation.

 

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.