Kite Commercial Finance Executive Director
At Kite, a Gilead company, we are at the forefront of immunotherapy and engineered T cell therapy. We are helping change the paradigm of cancer treatment and we are revolutionizing individually tailored treatments. That means a fast moving and constantly changing environment, where we make discoveries every day discoveries that include our own capabilities and our individual potential.
We're currently seeking to recruit a highly motivated talent for the Kite Commercial Finance Executive Director role, to drive strategic business partnership and enhance the performance of the Kite business globally.
The Finance Executive Director will lead a team of approximately 10 professionals driving financial planning and analysis efforts for the Global Kite Commercial business. The successful candidate will be the business partner to the SVP of Kite Commercial and be responsible for managing revenues and expenses for Kite's CART products. This role will be a key partner to the Global Commercial Leadership Team providing guidance on strategic, operational, and financial issues. This position is located in Santa Monica, CA and reports to the VP Head of Finance for Kite. Success in this role will require the ability to cultivate an effective business partnership between the Commercial functional areas and Finance. The ED will be viewed as the business partner that provides strategic direction and is seen as the "go to person" for business financial analysis, insight, and counsel. This person will be responsible for demonstrating strong communication, influencing and strategic thinking skills that will drive value to the business.
Responsibilities include :
- Lead the 3 year budget and annual operational forecasts (LE's) for the Kite Global Commercial business, providing recommendations and business driven scenario analyses including P&L management
- Support the 10 year US LRP process in partnership with Global Commercial functions
- Provide guidance and analysis to support pricing and discounting decisions. This includes representing finance in cross functional reviews to recommend list prices for new products, setting the contracting and discounting strategy, and reviewing individual contract proposals
- Oversee the monthly and quarterly close process, including managing the Gross to Net revenue process, expense accruals, management reporting, and budget vs. actual variance analysis. Report results to Commercial and Finance Sr Executives
- Partner with Technical Accounting and the Commercial team to analyze and influence complex contract proposals that may have revenue recognition implications
- Monitor and develop insights from key business drivers including demand, inventory, payer mix, pricing, and market share
- Proactively recommend process improvements to increase the efficiency and effectiveness of reporting and analysis
- Provide ad-hoc analyses and project support for the executive leadership team
- Build a highly capable team and provide on-going managerial leadership and guidance to direct reports.
The preferred candidate will possess 15-20 years' experience, having held positions of increasing scope and responsibility, including at least 5-10 years' experience as a senior finance leader and business partner.
A minimum of 5 years of management experience is required, growing teams of a minimum of 6 people.
A BS or BA is required, and a MBA or CPA is strongly preferred.
Prior experience in bio-tech or pharma is strongly preferred.
In-depth proficiency in aspects of accounting and finance and knowledge of US GAAP is required.
In depth knowledge of US Healthcare Systems, Business Intelligence, Planning and ERP systems is required with proficiency in Microsoft tools.
Experience in high-growth, multi-national organization a plus.
The key competencies for this candidate are :
Excellent interpersonal & business partnering skills : Cultivate collaborative relationships, including with both internal and external stakeholders. Proactively influence Senior Executive leadership on strategic issues which will drive value for Kite.Organizational Impact : Ability to quickly establish credibility with diverse audiences and be perceived as a strategic thought partner on various business and financial related topics whose outcomes have a significant impact on Kite's valueBusiness Savvy and Financial Acumen : The candidate will possess technical knowledge on analytics, business foresight, problem-solving skills, an understanding of the US Payer, Access and Pricing landscapeResults Orientation : The ideal candidate will be results-driven and must thrive in a fast-paced, dynamic environment. You must have the ability to deliver results and possess a strong drive to meet and exceed goals and be willing to take ownership of problems and make sound decisions.Team Leadership : You will lead, attract, train & develop a team of highly capable skilled finance professionals in both Santa Monica and London. You will be expected to align and motivate this team to achieve business & financial objectives including financial results, timely and accurate reporting, transparency, strong controls and analyzing the impact of market strategy.Change Leadership : The candidate will be an independent self-starter and a proactive leader with a drive to strive for continuous improvement and consistently challenging the status quo. Will be viewed by business and cross functional partners, and Finance colleagues as a thought leader with strong influencing capabilities, who can also maintain open and transparent communication channels.