What are the responsibilities and job description for the Head of Strategic Finance position at SoTalent?
Head of Strategic Finance
π Location: Boston, Massachusetts, United States
π’ Industry: Hospitals and Health care
πΌ Work Setting: Hybrid
Are you a finance and pricing professional who enjoys solving complex business challenges through analytics and strategic thinking? This role offers the opportunity to influence customer profitability, support major commercial negotiations, and drive pricing strategies that directly impact business growth and margin performance.
Key Responsibilities
Pricing Strategy & Profitability Management
β’ Lead pricing strategy and profitability analysis for strategic pharmacy customers and buying groups.
β’ Identify opportunities to improve margins and optimize pricing performance.
β’ Develop pricing recommendations based on:
- Market conditions
- Competitive intelligence
- Customer behavior
- Financial performance
- Growth opportunities
β’ Balance profitability objectives with customer retention and business growth goals.
Financial Modeling & Analytics
β’ Develop sophisticated pricing and profitability models using large datasets.
β’ Create scenario-based analyses supporting:
- Contract negotiations
- Pricing proposals
- Risk-sharing agreements
- Regulatory considerations
β’ Conduct sensitivity analysis and stress testing across multiple pricing scenarios.
β’ Evaluate the impact of changes in costs, margins, sales volume, and market dynamics.
Sales Partnership & Commercial Support
β’ Act as the primary Finance Subject Matter Expert (SME) for Sales teams.
β’ Partner with Sales to understand:
- Customer needs
- Product utilization trends
- Competitive landscape
- Contract opportunities
β’ Provide fact-based recommendations that support customer negotiations and business growth.
β’ Participate in customer business reviews and pricing discussions.
Deal Evaluation & Opportunity Management
β’ Own and manage a pipeline of pricing opportunities and customer proposals.
β’ Independently evaluate deal profitability and financial viability.
β’ Ensure pricing recommendations align with corporate financial objectives.
β’ Track opportunities through approval processes and key milestones.
Executive Reporting & Decision Support
β’ Present pricing strategies and financial analyses to senior leadership.
β’ Consolidate complex financial outputs into clear business recommendations.
β’ Support executive reviews with concise summaries of risks, opportunities, and profitability impacts.
β’ Communicate findings effectively to both financial and non-financial stakeholders.
Business Development & Strategic Initiatives
β’ Identify growth opportunities within pharmacy and healthcare segments.
β’ Support strategic projects focused on:
- Revenue growth
- Profitability improvement
- Market expansion
- Customer retention
β’ Contribute to pricing innovation and strategic business initiatives.
Required Qualifications
Education
β’ Bachelor's Degree in Finance, Accounting, Economics, Business, or related field.
Experience
β’ 7 years of experience in:
- Pricing
- Financial Analysis
- Deal Desk
- Sales Finance
- Commercial Finance
β’ Experience supporting complex commercial agreements and pricing decisions.
β’ Strong experience working with large datasets and financial models.
Technical Skills
Financial Analysis & Modeling
β’ Advanced Financial Modeling
β’ Profitability Analysis
β’ Pricing Strategy Development
β’ Contract & Deal Valuation
β’ Forecasting & Scenario Planning
β’ Revenue & Margin Analysis
Technology & Analytics
β’ Advanced Microsoft Excel
β’ Large Dataset Analysis
β’ Financial Reconciliation
β’ SQL (Preferred)
β’ SAP COPA (Preferred)
β’ Power BI (Preferred)
Preferred Background
β’ Pharmaceutical Industry
β’ Drug Wholesale Industry
β’ Healthcare Distribution
β’ Strategic Finance
β’ Commercial Pricing
β’ Deal Desk Operations
β’ Business Development
β’ Contract Analytics
Key Skills
β’ Pricing Strategy & Management
β’ Financial Modeling
β’ Strategic Finance
β’ Profitability Analysis
β’ Contract Valuation
β’ Sales Partnership & Support
β’ Executive Communication
β’ Data Analysis & Insights
β’ Business Development
β’ Stakeholder Management
β’ Negotiation Support
β’ Project Management
Core Competencies
β’ Strong analytical and critical thinking skills
β’ Ability to translate data into strategic recommendations
β’ Excellent verbal and written communication
β’ Ability to influence senior stakeholders
β’ Strong organizational and prioritization skills
β’ Comfortable working in a fast-paced and highly matrixed environment
β’ Collaborative and relationship-focused approach
β’ Strong business acumen and commercial mindset
β’ Self-motivated and results-oriented