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Precision Medicine Group
Bethesda, MD | Full Time
$244k-328k (estimate)
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PRECISIONvalue
Bethesda, MD | Full Time
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Vice President, Consolidated FP&A
$244k-328k (estimate)
Full Time | Business Services 1 Week Ago
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Precision Medicine Group is Hiring a Vice President, Consolidated FP&A Near Bethesda, MD

This is a remote position 

Precision Medicine Group (“Precision”) is a high-growth and established life sciences innovator, founded in 2012 and still led by a proven entrepreneurial team and backed by leading private equity investors (Blackstone, TPG, Berkshire Partners). The Company helps pharmaceutical and life-sciences clients address product development and commercialization challenges while creating access to better care for patients around the world. Precision is comprised of two business platforms, Precision for Medicine and Precision Value & Health (“PVH”). Precision for Medicine focuses on research and development initiatives and primarily services emerging to mid-size innovative biotechnology firms. Precision Value & Health provides solutions to maximize the commercial potential of innovative therapeutics for larger biopharma firms as well as emerging biotech companies. Precision Medicine Group is a team of over 3,000 employees across 35 offices and laboratories world-wide.

The Role

Reporting into the EVP Finance & CFO for PVH, the Vice President of FP&A will lead the FP&A functions across the organization. Precision Value & Health is currently over 1,300 employees and growing rapidly. The business is organized into three service lines:

  • Evidence Solutions: consulting and advisory services to develop the evidence needed to demonstrate commercial value of new therapeutic treatments
  • Data Sciences: technology-enabled and data analytical solutions for life science companies to develop, plan, and execute targeted engagement programs
  • Engagement Solutions: communication services for translating evidence into benefits for healthcare providers, patients, payers and investors

The VP of FP&A role is responsible for optimizing the budgeting, planning and analytical decision support capabilities of the finance organization and broader enterprise. S/he will be expected to work effectively across the company, evidenced by strong business partnership with sales, marketing, IT, operations, and the business development functions. This person will serve as a strategic thought partner and change agent, enabling business strategy and value creation. This position is expected to challenge and support the business, increasing PVH’s ability to anticipate issues and identify opportunities, and drive informed data-driven decision making through diligent financial management. The successful candidate will be a hands-on, strategic thinker, as well as strong analytical leader with a proven track record of success in finance leadership roles.

Key responsibilities

  • Play a leading role supporting the CFO, President, COO and Head of Business Development to lead and build a best-in-class FP&A organization, ensuring a complete and comprehensive planning and analysis process.
  • Build trusted relationships with the C-Suite to identify and provide counsel on key opportunities and risks across the organization, as identified through a comprehensive and impact-oriented FP&A process.
  • Prepare management reports for the C-Suite and other top executives to monitor ongoing performance against financial goals. Lead periodic planning meetings with key executives. Interpret the business implications behind analyses of quantitative data and communicate those implications to relevant business leaders. Ensure follow through with implementation of decisions.
  • Lead financial, quarterly and long-range planning, business performance analysis, and analytics across the company. Enhance and maintain an enterprise-wide long-term strategic plan. Enhance the annual financial planning process that includes key financial criteria and strategic objectives as well as operating financial plans (e.g., dashboards).
  • Build and maintain models to forecast and evaluate financial performance, pricing and staffing considerations, and capital expenditure opportunities.
  • Provide thought leadership in creation and enhancement of key performance indicators and oversee the institutionalizing and engraining of KPIs across the organization.
  • Form strong relationships and communication channels across the organization, fostering a culture of collaboration and partnership to build and enhance infrastructure, process and systems.
  • Promote a culture of rigorous and disciplined financial analysis relying on quantitative data to support business decisions.
  • Develop and build, along with the CFO and fellow members of the executive finance team, an FP&A organization recognized as a business partner across the PVH organization. Ensure sufficient resources, tools and processes are in place to scale a world-class team with the right people, process, and technology.

Desired Outcomes 

  • Build a best-in-class FP&A organization and planning processes that enable a comprehensive planning and analysis function that delivers on C-Suite, board and investor expectations.
  • Build trusted and advisory partnerships with the C-Suite and key business leaders, enabling an analytically driven planning process as well as deeper insights to inform strategy and business decisions.
  • Integrate effectively with the broader finance organization, impacting and furthering PVH’s results-oriented and high impact client service culture.

Candidate Profile

  • The ideal candidate brings best in class finance leadership experience in a large-scale, complex company with international operations. S/he must be an established finance leader experienced at driving business impact by building and optimizing the FP&A function.
  • This finance executive must have a quality first, growth orientation with the ability to develop strongly aligned relationships within C-Suite and business leaders while delivering on competitive and aggressive goals and objectives.
  • We seek an exceptional operations-oriented FP&A leader with strong business acumen and influencing skills.
  • The company’s results-oriented culture requires drive, high energy, a people-focused entrepreneurial spirit, collaboration, and a highly analytical intellect to be successful.
  • Qualified candidates will have demonstrated experience in high growth and evolving business of scale and complexity professional services in the biotech/pharma-based industries.

Ideal Experience

  • 10-15 years of professional experience in finance roles, including substantial experience in FP&A, and leadership of an overall FP&A function or divisional business unit for a company of at least $300 million in total revenues.
  • Undergraduate degree in finance and/or accounting required
  • Advanced business degree a plus, C.P.A. a plus.
  • Prior experience in investment banking, finance, public accounting, or strategy/management consulting a plus.
  • Industry experience in professional services is highly preferred, with a preference for life sciences, communications, or consulting.
  • Demonstrated experience in building infrastructure and teams, and driving business results from the finance organization, leading to measurable improvement in the company’s capabilities and financial performance.

Leadership Capabilities 

Finance Acumen

  • Strong analytical and financial modeling skills.
  • Able to distill complex and voluminous data into clear, actionable reports and to apply business judgment to identify and communicate implications and insights for the business.
  • Skilled at developing performance metrics, financial analysis, and financial reports and plans that guide decision making on a weekly, monthly, yearly and medium to long-term (3-5 year) basis.
  • An executive who draws on his or her business experience and finance acumen to develop insights about key metrics and business drivers that drive performance.
  • Adapt to a financial organization that is focused on optimization of people, processes and technologies to scale with PVH’s growth while continuing to execute on all deliverables along the way.

Driving Results / Strategic Business Partner

  • A strategic mindset and an ability to think several steps ahead.
  • Commercial instincts and passion for driving value and profits.
  • An operating mindset and an ability to earn the respect and trust of operating managers across the organization.
  • Uses a proactive and constructive style of engagement with business leaders to earn credibility as a finance partner who adds value and helps drive business results.
  • Experience supporting high growth is a plus, as well as evaluation of new ventures/acquisitions.

Leadership / Organizational Development

  • Able to articulate a complex task or analysis to individuals at all levels of the company.
  • An exceptional manager and motivator of people and teams who can build organizational capacity through a combination of proper organizational structure, hiring, training and recruiting the best talent available.
  • Equipping the FP&A teams with superior tools to support execution.

Other 

  • Highly intelligent with extreme analytical horsepower and accomplished, yet low/no ego.
  • Ability to challenge the norms and processes and relentlessly look for ways to add value and to position the organization for success.
  • Ability to sort through complex issues and translate/communicate in a clear, concise manner.
  • Ability to “roll up his/her sleeves” when necessary to ensure all deliverables are met, from both a quality and timely perspective.
  • Ability to persuade others and achieve excellence and to foster an environment of openness and teamwork.
  • A passionate, high-energy leader and builder, capable of driving speed and discipline throughout the organization.
  • A willingness to work hard to integrate into the company, earn respect and build a reputation for achievements – a trustworthy team player.
  • "Unflappable" executive presence and the ability to remain "calm under fire."
  • Strong organizational and leadership skills with the ability to attract, retain and develop exceptional finance talent.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$244k-328k (estimate)

POST DATE

04/25/2024

EXPIRATION DATE

07/03/2024

WEBSITE

precisionmedicinegrp.com

HEADQUARTERS

BETHESDA, MD

SIZE

50 - 100

FOUNDED

2012

CEO

MARIA BRONSHTEIN

REVENUE

$5M - $10M

INDUSTRY

Business Services

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