*Key Responsibilities*:
1. *Financial Strategy*:
- Develop and execute financial strategies to support the company's long-term goals and objectives.
- Identify opportunities for cost reduction and revenue enhancement while maintaining regulatory compliance.
2. *Financial Reporting*:
- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure compliance with financial reporting standards and regulations specific to the pharmaceutical industry.
3. *Budgeting and Forecasting*:
- Lead the annual budgeting process and periodic forecasting to guide resource allocation.
- Monitor budget performance and implement corrective actions as needed.
4. *Risk Management*:
- Assess financial risks and implement risk mitigation strategies, especially related to clinical trials, regulatory changes, and market volatility.
5. *Capital Management*:
- Manage capital allocation, including investments in research and development, manufacturing, and acquisitions.
- Optimize working capital to maintain liquidity.
6. *Compliance and Regulation*:
- Ensure compliance with pharmaceutical industry regulations, including FDA guidelines, pricing transparency, and patent-related financial matters.
- Stay informed about changes in industry regulations and adapt financial strategies accordingly.
7. *Investor Relations*:
- Cultivate and maintain relationships with investors, analysts, and stakeholders.
- Communicate financial performance and strategies effectively to the investment community.
8. *Treasury Management*:
- Manage cash flow, debt, and investment portfolios.
- Evaluate and secure financing options as needed.
9. *Financial Controls*:
- Establish and maintain robust internal controls to safeguard company assets and ensure financial accuracy.
10. *Team Leadership*:
- Recruit, develop, and mentor a high-performing finance team.
- Foster a culture of financial excellence and accountability.
11. *M&A and Strategic Partnerships*:
- Assess potential mergers, acquisitions, and strategic partnerships from a financial perspective.
- Lead financial due diligence and integration processes.
*Qualifications*:
- Bachelor’s degree in finance, accounting, or a related field; MBA or CPA preferred.
- Proven CFO or senior financial leadership experience in the pharmaceutical industry.
- Thorough knowledge of pharmaceutical industry regulations, accounting principles, and financial best practices.
- Strong analytical, strategic thinking, and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Demonstrated ability to work effectively in a fast-paced, dynamic environment.
Approach is a platform where the employer and the employee can connect for one goal, Professional Networking. Our user-friendly experience ensures that individuals from different fields can connect to each other with complete transparency and get the... Read More
