Finance Business Partner

Req ID:  93974
Location: 

Saffron Walden, GB, CB10 1XL

For 70 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.

Job Summary

Charles River are looking to recruit for a Finance Business Partner on a permanent basis, this role is within the Early Discovery, a division with c$100m revenue and c600 scientists and support staff. Operating in sites in the UK and the Netherlands, Early Discovery provides drug discovery services to the bioscience community and these collaborations cover the spectrum from small, single discipline projects to fully integrated drug discovery projects.  

 

The Finance Business Partner is a key role within the Early Discovery finance team and is responsible for maintaining the financial integrity of the division and deputising for the Associate Director of Finance as required.   This role will proactively analyse revenue, operating costs, capital expenditure and key performance indicators for management reporting and forecasting within the Early Discovery division of Charles River.

 

A key aspect of the role is to ensure that revenue is recognised and reported on a timely and accurate basis, ensuring compliance with relevant accounting principles and Charles River policies.  There will also be responsibility for providing business partnering support for the Leiden site in the Netherlands. This role will be home based initially with the hope that we will be able to welcome the successful incumbent to our Saffron Walden site in the near future. 

 

Main Tasks
•    Build relationships throughout the Early Discovery organisation across operational departments to gain insight into the drivers of the current and future revenues
•    A complete and thorough understanding of current revenue generating projects is maintained
•    Project initiation and revenue recognition is consistent with relevant accounting principles and company policies
•    As part of the month end process, provide timely and accurate revenue analysis to inform manual journals and provide an overview of business performance.
•    Prepare revenue forecasts supported by appropriate rationale on a rolling weekly basis.
•    Understand the rationale for the revenue SOX controls and how they address risks around revenue recognition.
•    Analyse complex financial data and extracts and define relevant information; interpret data for the purpose of determining past financial performance and/or to project a financial probability 
•    Prepare schedules for management accounts and make suggestions for improvements to analysis and KPIs to aid decision making
•    Prepare and upload Corporate KPI template
•    Improvement of monthly cost centre reporting framework to ensure relevance, reliability and timeliness for cost centre owners.
•    Work with the business to develop project profitability reporting.
•    Responsibility for monitoring capital expenditure within the division and co-ordinating monthly capital expenditure calls with the business
•    Prepare the financial ROI to support investment business cases for go/no go decisions
•    Develop financial reports for forecasting, trending and results analysis on both top line, expenses and capital expenditure.
•    Support the monthly P&L forecast, with responsibility for certain cost categories.

•    Support the preparation and presentation of the annual budget
•    Responsible for the FX neutral calculations
•    Develop new approaches, processes or methods to solve new business problems, act as an agent of change and continuously re-evaluating process to achieve expecting earnings growth of the sites
•    Provide information/commentary to the internal and external auditors as required
•    Support the Associate Director of Finance with ad hoc analysis and take an active role in other projects as required

 

Requirements: 

•    Educated to degreel level within Finance and Accouting or similar discipline with an accounting qualification e.g. CIMA, ACCA, ACA
•    Highly motivated with excellent communication skills (written and verbal0
•    Post qualification experience, ideally within another CRO (Contract Research Organisation) or another Biotech 
•    Business partnering experience, with the ability to work with multiple entities and work across regions effectively
•    Experience in the collation/interpretation of financial and other information
•    Experience in the preparation and presentation of financial reports and information independently with minimal supervision 
•    Additional experience with revenue recognition issues and SOX controls highly desirable 
•    Hands on experience in preparation of financial analysis to support investment business cases also desirable 
 

All applicants must have the Right to Work in the UK before being considered. 

About Discovery
Discovery from Charles River is industry-proven in the successful development of novel therapies, with over 350 patents and 80 preclinical drug candidates delivered to our sponsors in the past 17 years. Backed by more than 650 scientists, our comprehensive, integrated portfolio employs the latest technology and platforms to provide chemistry, biology, and pharmacology services that support clients from the earliest stages of hit identification all the way through to IND. Our client-focused, collaborative approach creates true partnerships that anticipate challenges, overcome obstacles, and move us forward together on the journey of getting new drugs to market.

 

About Charles River
Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.

 

With over 17,000 employees within 90 facilities in 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world. And in 2019, revenue increased to $2.62 billion.

 

At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of ~85% of the drugs approved by the FDA in 2019.