Posted:
11/12/2024, 4:00:00 PM
Location(s):
New York, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy
Pfizer’s purpose is to deliver breakthroughs that change patients’ lives. Research and Development is at the heart of fulfilling Pfizer’s purpose as we work to translate advanced science and technologies into the therapies and vaccines that matter most. Whether you are in the discovery sciences, ensuring drug safety and efficacy or supporting clinical trials, you will apply cutting edge design and process development capabilities to accelerate and bring the best in class medicines to patients around the world.
The Discovery Quantitative Analytical team at our Groton campus leverages state-of-the-art technologies, automation and novel methods for high-throughput characterization of lead chemical matter. We work in partnership with various disciplines to accelerate project progression and support the Pfizer portfolio as a whole.
This position provides financial management, analytical and operational support within Vaccine Research & Development (VR&D). Specific responsibilities include:
Liaising with program teams to maintain plans of forecasted and ongoing portfolio funded VRD activities Generating and updating estimates of internal and external resources required to execute VRD activities Developing materials required to support funding requests for VRD activities at governance meetings Compiling reports summarizing resource demands, potential risks and opportunities that may impact resource demand Resolving funding or payment issues that jeopardize VRD deliverables Generating and managing VRD operating budgets to agreed targets Performing ad hoc analyses to support business decisions
This position will be responsible for the following:
Portfolio Budgeting: Work with Chief Scientific Officers (CSOs), VRD program teams and partner lines to compile details of planned and ongoing portfolio activities (toxicology, Clinical Trial Material (CTM), serology & clinical trial conduct). Using these plans derive candidate and study level cost forecasts using cost models and historical spending information. Participate in the creation and improvement of cost models. Use experience to review data for sensibility. Resolve issues with management and adjust figures as appropriate. Analyze and run scenario planning on study designs to assist program teams in designing studies efficiently.
Portfolio Forecasting: Work with study team members, partner lines and R&D Finance to track activity progress and create/update monthly forecasts accordingly. Support the populatulation of R&D Finance forecasting tools (including RAPID and Cognos Activity Based model). Troubleshoot issues and address questions as they arise (inc. tool improvements). Review variances between budget and forecast and generate explanations. Generate reports to convey trends and issues identified by forecasting process.
Serology Forecasting: Ensure that latest clinical plans are consistent with those maintained in Athena and resolve issues identified. Support the forecasting of portfolio funded serology costs including external assay conduct, contractor and fixed term employee demand and laboratory reagents and supplies.
Governance and Strategic Documents: Collaborate with management and development directors to identify governace required to make portfolio investments and generate the documents required to support them. Assess requests for incremental budget requests and develop strategies to avoid them if feasible.
Operating Expense Forecasting and Reporting: Generate and calendarize estimates of operating budget requirement for VRD departments. Track department headcount and activity to generate ongoing forecasts and work with department heads and management to identify strategies to meet budget targets. Analyze and run scenario planning on budget information as required. Collect accrual information and address ad hoc questions on accrued amounts for operating and grant expense on an as needed basis. Review data for sensibility and adherence to policies.
Issue Troubleshooting / Ad Hoc Reporting: Troubleshoot financial issues affecting VRD and associated partner lines. Assist teams in the understanding of types of expenses (OPEX vs. Portfolio vs Capital). Provide ad hoc reports on expenses and commitments as requested by management. Resolve issues with management based on experience and take initiative to update policies, reporting or training materials for use with VRD teams.
Must-Have
BS or equivalent preferably in the science or finance areas with 8+ years of experience in drug or biological development in the pharmaceutical business.
Understanding of clinical trials, and associated budgets.
Excellent organizational and communication skills required.
Sound understanding of vaccine development principles essential.
Nice-To-Have
MBA with 6+ years of experience or PhD or equivalent with +2 years of experience preferred.
Strong oral and written communication skills, strong interpersonal skills, coordination ability, cost management skills, and innovative and problem-solving skills
Other Job Details:
Last Date to Apply for Job: November 9th, 2024
Work Location Assignment: Flexible
Flexible colleagues are assigned a Pfizer site within a commutable distance where they work about 2-3 days weekly to connect and innovate with their team face-to-face. However, they also benefit from being able to work offsite regularly when it makes business sense to do so.
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider’s name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
Website: https://www.pfizer.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1849
IPO Status: Public
Last Funding Type: Post-IPO Debt
Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine