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Sr Manager, Commercial Finance

Sr Manager, Commercial Finance

Tonix Pharmaceuticals IncChatham, NJ, US
1 day ago
Job type
  • Full-time
Job description

Job Description

Job Description

About Tonix

Tonix is a fully integrated biotechnology company, publicly traded on NASDAQ (ticker : TNXP), with marketed products and a pipeline of development candidates The Company is focused on commercializing, developing, discovering, and licensing therapeutics to treat and prevent human disease. In August 2025, Tonix received FDA approval for Tonmya™ (cyclobenzaprine HCl sublingual tablets), a first-in-class, once-daily, non-opioid treatment for fibromyalgia. Tonmya is the first new fibromyalgia therapy approved in over 15 years, following successful Phase 3 trials demonstrating significant symptom improvement. Commercial launch is expected in the fourth quarter of 2025. Tonix also markets Zembrace® SymTouch® (sumatriptan injection) 3 mg and Tosymra® (sumatriptan nasal spray) 10 mg, both indicated for the treatment of acute migraine with or without aura in adults.

Tonix’s development portfolio includes product candidates in central nervous system (CNS), immunology, immuno-oncology infectious disease and rare disease. The CNS pipeline features both small molecules and biologics to treat pain, neurologic, psychiatric, and addiction conditions. The immunology portfolio includes biologics to address organ transplant rejection, autoimmunity, and cancer. The infectious disease pipeline includes a vaccine in development to prevent smallpox and monkeypox, which also serves as a live virus vaccine platform for other infectious diseases. Finally, the rare disease portfolio includes a product in development for Prader-Willi syndrome, which has both orphan drug designation and rare pediatric disease designation grants from the FDA.

Tonix owns and operates a state-of-the art infectious disease research facility in Frederick, Md.

Please visit www.Tonixpharma.com for specifics on the pipeline.

  • All of Tonix’s product candidates are investigational new drugs or biologics and have not been approved for any indication.

Position Overview

The Sr Manager, Commercial Finance will be responsible for driving financial performance and strategic decision-making across the commercial functions of the pharmaceutical business. This role involves leading financial planning, gross-to-net (GTN) analysis, inventory management, budgeting processes, and new system implementation. The successful candidate will work closely with cross-functional teams, including Sales, Marketing, Supply Chain, and Operations, to ensure financial health and sustainable growth.

Essential Duties

  • Commercial Finance Leadership
  • Provide financial leadership to commercial teams, ensuring alignment with business objectives.

  • Develop and implement financial strategies to support revenue growth, profitability, and cost efficiency.
  • Partner with commercial teams to analyze business performance, pricing strategies, and margin improvements.
  • Gross-to-Net (GTN) Analysis & Revenue Management
  • Oversee GTN calculations, ensuring accurate revenue recognition and reporting.

  • Monitor and evaluate rebate programs, discounts, and other commercial deductions.
  • Provide insights into pricing and contract strategies to optimize net revenue.
  • Develop robust GTN forecasting models to improve accuracy and decision-making.
  • Inventory Management & Supply Chain Finance
  • Oversee inventory valuation, ensuring compliance with financial reporting standards.

  • Optimize inventory levels to balance demand, working capital, and cost efficiency.
  • Work closely with Supply Chain and Operations to drive efficiency in inventory turnover.
  • Implement controls to mitigate inventory risks, obsolescence, and write-offs.
  • Financial Planning, Budgeting & Forecasting
  • Lead annual budgeting and periodic forecasting processes for commercial functions.

  • Develop financial models to assess business scenarios, risks, and opportunities.
  • Track performance against budgets and forecasts, providing variance analysis and recommendations.
  • Collaborate with business leaders to ensure financial targets are met.
  • New System Implementation
  • Lead the implementation of new financial and operational systems to enhance efficiency and reporting capabilities.

  • Work with IT and business stakeholders to ensure smooth transition and integration of new systems.
  • Provide training and support to commercial finance teams on new tools and processes.
  • Ensure data integrity and compliance throughout the implementation process.
  • Business Partnering & Stakeholder Management
  • Act as a key financial advisor to the executive leadership team.

  • Work closely with Sales and Marketing teams to assess market opportunities and profitability.
  • Collaborate with external auditors, tax advisors, and regulatory bodies as required.
  • Provide financial training and insights to commercial teams to enhance financial acumen.
  • Necessary Skills and Abilities

  • Strong understanding of GTN, inventory management, budgeting, and financial planning in a pharma setting.
  • Experience leading financial system implementations and process improvements.
  • Expertise in financial modeling, data analytics, and strategic financial planning.
  • Strong leadership skills with experience managing teams and cross-functional partnerships.
  • Excellent communication, stakeholder management, and problem-solving abilities.
  • Proficiency in ERP systems, financial reporting tools, and advanced Excel.
  • Education and Experience Requirements

  • Bachelor's degree in Finance, Accounting, Economics, or a related field (MBA or CPA preferred).
  • CPA preferred
  • 8+ years of experience in finance with a focus on commercial finance in the pharmaceutical industry
  • Recruitment & Staffing Agencies

    Tonix does not accept agency resumes unless contacted directly by internal Tonix Talent Acquisition. Please do not forward resumes to Tonix employees or any other company location; Tonix is not responsible for any fees related to unsolicited resumes.

    Compensation & Benefits

    Annualized base salary ranges from $120,000 to $170,000 plus target incentive; actual salaries will vary and may be above or below this range commensurate with several factors including experience, education, training, location, and merit.

    Tonix provides a comprehensive compensation and benefits package which includes :

  • Medical, Dental & Vision Insurance, Basic and Voluntary Life and AD&D Insurance, Short- and Long-Term Disability Insurance, Flexible Spending Accounts, Health Savings Account, and Employee Assistance Programs
  • Pet Insurance
  • Retirement Savings 401k with company match and annual discretionary stock options
  • Generous Paid Time Off, Sick Time, & Paid Holidays
  • Career Development and Training
  • Tonix provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, genetics, or any other characteristic protected by law. In addition to federal law requirements, Tonix complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, and training. Tonix expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic, information, disability, veteran status, or any other characteristic protected by law.

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    Sr Manager Finance • Chatham, NJ, US