Corporate Vice President, Business Finance - Safety Assessment
Wilmington, MA, US, 01887
For 75 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
Provide financial leadership, direction, and advice to the global SA leadership and Finance teams to develop and implement a strategy for the business, ensuring alignment with the company’s overall business and financial strategies. Accountable for planning, directing, and controlling the finance functions for global SA, including budget development and control, financial analysis, forecasting and merger & acquisition (M&A) activities. Leads a high-performing global team and develops finance talent.
Essential Duties and Responsibilities
- Member of the global SA and Corporate Finance senior leadership teams to:
- shape and influence strategic direction of business segment with focus on profitability
- develop long-term strategic business plans for the business segment consistent with the established corporate goals and objectives, and ensuring timely and cost-effective execution within budget
- harmonize and integrate financial activities across the various global sites/businesses, driving synergies and standardization in the use of corporate financial tools, processes, and technologies
- Communicate effectively with staff at all levels of assigned business units to understand the full function of the business to shape strategy, generate insights and provide accurate forecast information.
- Oversee operations of Project Coordination teams and collaborate with internal and external customers to provide high quality service.
- Direct, consolidate and administer annual budget preparation and in-year forecast updates.
- Oversee the consolidation of financial reporting for business reviews (e.g., analyze, prepare and present budgets, strategic plans and regular in-year updates to senior corporate management).
- Perform complex analyses to drive margin improvement and operating leverage.
- Direct finance activities related to M&A and divestiture projects and subsequently oversee the integration of new business/acquisitions into CRL’s financial processes.
- Develop new approaches, processes or methods to solve new business problems, act as an agent of change and continuously reevaluating process to achieve earnings growth.
- Coordinate and evaluate efficiency and procurement initiatives to ensure optimized margins, and proactively work with other segments to share best practice.
- Shape capacity planning and optimize free cash flow. Oversee capital expenditure programs and projects (e.g., comprehensive Capital Expenditure Requisition (CER) review, including analysis of payback and ROI, tracking assigned CERs and resolving budgetary discrepancies) and inventory management.
- Working with Corporate Accounting, the business unit finance teams and Internal Audit staff, ensure adherence to corporate governance standards (e.g. Sarbanes-Oxley), pertinent regulatory requirements and to corporate finance/accounting policies, practices and procedures.
- Working with business units and corporate IT, ensure optimization of operating and financial systems, including the company’s Enterprise Resource Planning (ERP) system.
- Provide leadership to all Finance personnel across all sites/businesses.
- Responsible for people management activities of individuals and groups such as: personnel actions (hiring, promotions, transfers, etc.), training, development and succession planning, providing regular direction and feedback on performance, disciplinary actions and preparing and delivering annual performance and salary reviews.
- Develop short and long-range operating objectives, organizational structure, staffing requirements and succession plans.
- Develop and oversee the implementation of training programs, including orientation, and, as appropriate, education to non-finance staff.
Qualifications
- Education: Bachelor’s degree (B.A./B.S.) or equivalent required. MBA preferred.
- Experience: 15+ years related experience in accounting/finance function in a large organization, with at least five years in international finance and reporting and an additional five years of experience in financial analysis. An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.
- Certification/Licensure: Recognized professional accounting designation (e.g., CPA, CA, CMA) required.
- Other: Previous senior management experience and excellent communication skills required.
Competencies
People Management/Leadership
- Ability to communicate clearly with business leaders on finance initiatives, vision, strategy, and goals.
- Effective change agent and business partner by managing by influence across business units and corporate functions.
- Strong interpersonal skills and demonstrated ability to lead people and get results through others
Communication and Influence
- Viewed as a trusted advisor, partner, and change agent by other executives
- Diplomatically handles complex topics, varied audiences, difficult questions, and continuous objections
- Effectively collaborates with internal and external audiences. Able to win concessions without damaging relationships and to be direct as well as diplomatic
- Excellent presentation and communication skills are required
Project Management and Process Improvement
- A change agent – able to work effectively with stakeholders, gain alignment and build best in class functions
- Can organize resources and orchestrate multiple activities without losing focus on routine responsibilities
- Ensures that staff use effective project management techniques and tools
- Is focused on continuous process improvement. Is known for finding new and improved ways of doing things.
- Can simplify complex processes and see improvement opportunities where others can’t
- Measures results with appropriate metrics
Collaboration and Teamwork
- Builds and maintains a productive cross-functional, global network
- Builds institutional support for initiatives and overcomes obstacles needed to achieve results
- Maintains strong business and functional relationships within and outside of CRL
- Finds a way to build higher levels of teamwork and collaboration within and between groups, divisions, and functions and resolves conflicts with minimal disruption
- Shares opinions freely and listens to others without prejudgment
Decision making
- Demonstrates sound judgment on highly complex, high impact decisions
- Demonstrates courage and welcomes accountability for high-impact decisions
- Delegates decisions to build judgment and empower others
- Includes the right stakeholders in discussions
Work Environment
⦁ General office working conditions
Travel:
⦁ This position requires domestic and international travel.
About Corporate Functions
The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.
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 20,000 employees within 110 facilities in over 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.
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 86% of the drugs approved by the FDA in 2021.
Equal Employment Opportunity
Charles River Laboratories is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin, veteran or disability status.
If you are interested in applying to Charles River Laboratories and need special assistance or an accommodation due to a disability to complete any forms or to otherwise participate in the resume submission process, please contact a member of our Human Resources team by sending an e-mail message to [email protected] This contact is for accommodation requests for individuals with disabilities only and cannot be used to inquire about the status of applications.
For more information, please visit www.criver.com.
Nearest Major Market: Boston
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