Director/Senior Director Commercial Finance

Purpose and Scope

The Commercial Finance Director is the lead strategic finance business partner and advisor for the North America commercial leadership team, supporting Tolmar's key revenue driving business unit in achieving its goals. This position is a highly visible role within the organization that offers significant responsibility and broad exposure to senior management and company ownership.

Essential Duties & Responsibilities

• Provide finance partnership to SVPs and General Managers overseeing key US and Canadian Branded drugs.
• Provide Leadership and development to Finance and Contracts and Pricing Departments.
• Oversee and coordinate Gross to Net (GTN) reporting and governance process that identifies and tracks key GTN metrics to provide insights and recommendations to improve profitability and assessing appropriate reserves / accruals.
• Communicate monthly, quarterly, & annual financial reporting and results through NA Commercial reviews and to CEO/CFO through monthly MMR presentation.
• Lead NA Commercial's preparation of annual budget, LBE forecasts, Long Range Plan, and other forecasting activities as needed.
• Assist in preparation of price change proposals and other documentation for Tolmar's Pricing Committee.
• Participate in the monthly S&OP process and support communication/coordination between Supply Chain and NA Commercial.
• Ensure that the North America Commercial BU manages spending and expenses within approved budgets / LBEs.
• Communicate financial information to North America commercial stakeholders. Provide analytical decision support as needed and make recommendations for how performance can be improved and use influence to alter the pathway where warranted.
• Lead the Contracts and Pricing team to ensure compliance with all federal & state government price reporting and other reporting requirements.
• Ensure accurate and timely payments of both governmental and commercial rebates.
• Ensure that Wholesaler chargebacks are processed timely and accurately utilizing Model-N chargeback processing system.
• Identify opportunities for automation and productivity gains.
• Perform other related duties as assigned.

Knowledge, Skills & Abilities

• Strong quantitative and analytical skills, including proficiency in financial statement analysis and valuation modeling (proficiency with Microsoft Excel is a must).

• Proficiency and experience in financial analysis including but not limited to trending analysis, variance to budget, expense tracking and reporting.
• Ability to quickly develop trust and influence business partners.
• Results-driven and detail-oriented with a high degree of accuracy.
• Ability to work independently and be self-motivated.
• Ability to work effectively with employees at various levels of management throughout the company, including executive level employees.
• Excellent communication skills (written and verbal) with ability to communicate at all levels within an organization.
• Ability to prioritize tasks, communicate expectations, and adhere to deadlines while managing multiple projects simultaneously.
• Must maintain confidentiality at all times, as this position requires high level of responsibility regarding confidential information.

Core Values

• The Commercial Finance Director is expected to operate within the framework of Tolmar's core values:

• Center on People: We commit to support the well-being of our patients. We are committed to treating our employees and those we serve as valued partners. By placing people at the heart of our actions, we actively engage, invigorate, acquire knowledge, and grow together.
• Are Proactive & Agile: We embody a culture of engagement and action. With a hands-on approach, we fearlessly adapt to change. We anticipate, respond swiftly and efficiently to ignite a spirit that propels us towards extraordinary outcomes.
• Act Ethically: We are committed to consistently conducting our business in an ethical, compliant, and socially aware manner, in line with our purpose of positively impacting lives. We actively cultivate diversity, equity, inclusion & sustainability in our workplace.
• Constantly Improve: We are committed to a collaborative & proactive effort to improve our products, systems, processes, and services by reducing waste, increasing efficiency & improving quality.
• Are Accountable: We think, act, and communicate with honesty, transparency, and clarity in alignment with our core values. We don't compromise our values for near term gain. We take accountability & ownership of our work, actions, successes, and setbacks. We strive to deliver our best as we shape the future.

Education & Experience

• Bachelor's degree in Accounting, Finance, Economics or related field required.
• Advanced degree and/or professional certification (CPA, CMA) strongly preferred.
• Ten or more years of financial planning and analysis experience with a Pharmaceutical, Medical Device, or Biologic manufacturing company required.
• Industry knowledge is key - US Commercial Healthcare
• Experience in oversight of Chargebacks processing function
• Pharmaceutical Government Pricing experience

Working Conditions

• Working conditions are normal for an office environment.

Compensation and Benefits

• Pay: $185,000 to $250,000, depending on experience
• Bonus eligible
• Benefits summary: https://www.tolmar.com/careers/employee-benefits

Tolmar compensation programs are focused on equitable, fair pay practices including market-based base pay and a strong benefits package. The final compensation offered may vary from the posted range based on the selected candidates qualifications and experience.

Tolmar is an Equal Opportunity Employer. We do not discriminate on the basis age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. It is our intention that all qualified applicants be given equal opportunity and that selection decisions are based on job-related factors.