Senior Director, Head of FP&A, Global R&D

Date: Apr 18, 2024

Location: 

Tel Aviv, Israel, 1

Company: Teva Pharmaceuticals

Job Id: 55449

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The head of FP&A is responsible for strategic financial management, leading all financial processes and analysis for global R&D. the senior director provides long-term planning for R&D pipeline that serves the company strategy. The incumbent works across R&D functions supporting innovative medicines, generics and biosimilar development projects with clear objective to boost speed, flexibility, accuracy, quality and alignment across all R&D finance functions.

Initiates and leads complex financial processes with aim to streamline and simplify those while focusing on delivering services of greater range and value and support management decision-making. 

The FP&A lead is a pivotal player in transforming R&D finance to support the new mode of operation in finance and GBS penetration as well as supporting design and implementation of new financial processes and systems

How you’ll spend your day

• Leads and manages all financial processes (monthly/quarterly closing, Rolling forecast, AOP , LRP) and ensures adherence to reporting timelines; enhances forecast accuracy, analyzes results and proposes necessary corrective measures; ensures adherence to approved budget; prepares all required financial presentations; reconciles all financials with the company's financial statements
• Lead and manage labor economics for global R&D. Standardize and improve resource planning and FTE’s allocations to projects in collaboration with HR and program leadership
• Improve planning and reporting systems and partner with IT constantly to challenge existing process to promote process automations, digitization and optimizations to allow faster deliveries of financial results and predictive analysis (SAC, Cfin, etc)
• Works with Global Finance to ensure compliance with all relevant external and internal accounting, tax and other finance-related regulations.
• Enhance R&D responsibility & accountability in forecasting and monitoring cash flow and foster relationship with procurement to improve financial terms. 
• Supervises and consolidate capital expenditures plans. 
• Mines and uses financial data to generate insights/flags to enable the real-time business decision-making.
• Serve as liaison between corporate functions, other BU's and local teams.
• Leads, manages and develop a team of 5 finance professionals.

Your experience and qualifications

• 15+ years of experience in senior finance roles in a major company or division of a large public corporation (healthcare or global pharmaceutical company will be an advantage). 
• Advantage - Knowledge and understanding of the R&D pharmaceutical industry. 
• Advanced knowledge of FP&A - budgeting and forecasting processes and expense management 
• Strategic thinking with excellent analytical and problem-solving skills.
• Advanced process skills to manage and improve complex cross functional processes.
• Experience in partnering with an executive team
• Bachelor’s Degree in economics/Accounting, MBA -Advantage -
• Knowledge of SAC 
• Fluent written and spoken English

Travel Requirements: limited international travel

Reports To

VP, finance R&D and GM&P Lead

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.