Sr. Director Business Finance

Sr. Director Business Finance Req ID #:  178372 Location: 

US 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

Perform senior-level financial activities necessary for the analysis of global financial results, annual budgets, quarterly forecasts and the annual strategic planning for the Insourcing Solutions operating unit. Direct finance activities related to M&A and divestiture projects.  Responsible for division-wide capital expenditure programs. Essential Duties

⦁    Direct, consolidate and administer annual budget preparation and quarterly forecasting including full accounting budgetary responsibility for the operating unit.

⦁    Oversee & deliver the consolidation of regular financial reporting to the business unit senior management. Providing insights, action plans & recommendations to optimize financial performance.  Analyze, prepare and present annual budgets and strategic plans to business unit senior management.  

⦁    Communicate, collaborate and compile data from domestic and international accounting staffs, business unit staffs (direct and indirect reports), and General Managers (or other division heads or functional heads) to gather accurate data for financial forecasting & planning processes.

⦁    Perform complex analyses including pricing, return on investment, buy vs build, margin optimization, invest/divest decisions. 

⦁    Direct Finance activities related to all of the business units expansion or consolidation projects. 

⦁    Oversee training of new employees, and integration/training of finance employees related to acquisition. 

⦁    Deliver process improvements for area of responsibility.

⦁    Drive cost savings and productivity initiatives to improve units profitability.

⦁    Analyze profit and loss with the imperative of adhering to monthly reporting deadlines to management and clear and concise commentary on performance drivers, recommended actions, risks and opportunities.

⦁    Oversee capital expenditure programs and projects which includes comprehensive review of return on investment, forecasting, resolving budgetary discrepancies, and enable accurate cash flow outlooks.

⦁    Communicate effectively with staff at all levels of assigned business unit in order to understand the full function of the business and provide accurate forecast information.  Maintain confidentiality of all budgetary information.

⦁    Working with Corporate Finance and Internal Audit staff, ensuring adherence to corporate governance standards (e.g. Sarbanes-Oxley).

⦁    Develop new approaches, processes or methods to solve new business problems, act as an agent of change, continuously reevaluating process to achieve expected revenue & earnings growth. Responsibilities

⦁    Direct the activities of assigned direct reports.  Conduct performance reviews; interview and hire new personnel, training, and development.

⦁    Direct activities of assigned group(s) to ensure effective performance of function.

⦁    Interview and select qualified exempt-level departmental personnel.  Recommend, review and approve personnel actions, including hiring, promotions and raises.  Partner with Human Resources in the handling of disciplinary issues.  Prepare and/or approve appropriate personnel action paperwork.  

⦁    Ensure that management training and development needs are identified and programs initiated.  Direct the development of departmental orientation and other training programs.  

⦁    Develop short- and long-range operating objectives, organizational structure, and staffing requirements.  Oversee the development of a departmental plan for backup and succession of key departmental personnel.

⦁    Develop and recommend departmental budget.  Authorize expenditures in accordance with budget.  Approve budget and expenses of subordinates.

⦁    Ensure optimum performance of group function.  Recommend and implement techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain state-of-the-art practices.

⦁    Direct the development and communication of departmental systems, SOPs, policies and procedures.  Partner with Human Resources to develop and approve departmental job descriptions; ensure communication of duties and responsibilities to employees.

⦁    Perform all other related duties as assigned.

  Job Qualifications ⦁    Education:  Bachelor’s degree (B.A./B.S.) or equivalent in accounting, finance or a directly related discipline.  MBA is strongly preferred.

⦁    Experience:  Ten or more years of related experience in a finance function, with a demonstrated track record in financial planning and analysis for both revenue and spending (full P&L) and business partnering/support for an operating unit or business. 

⦁    An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.

⦁    Other:  Previous supervisory experience, excellent communication skills required.

PHYSICAL DEMANDS:

⦁    While performing the duties of this job, the employee is frequently required to work/type at a computer or typewriter.

⦁    Specific vision abilities required by this job include close vision and the ability to adjust focus.

WORK ENVIRONMENT:

⦁    General office working conditions, the noise level in the work environment is usually quiet.

⦁    Position is remote, preferably located in eastern time zone of U.S.

COMMENTS:

⦁    This position may require periodic domestic and international travel.

⦁    Position is remote, preferably located in eastern time zone of U.S. Competencies Lead - We lead when we advocate our purpose and model our values, when we deliver innovation, when we embrace change, and when we appreciate and celebrate the great work of others.Own - We act like owners when we hold ourselves accountable for our actions, when we respond to internal and external client needs with speed and accuracy, when we set and achieve meaningful goals, and when we strive towards continuous improvement.Collaborate -We collaborate when we partner with each other and promote teamwork, when we communicate clearly and effectively across the hall or around the globe, and when we welcome all forms of diversity and encourage inclusiveness.Care - We show we care when we respect each other, our animals and the communities where we work and live, when we create a positive healthy workplace, when we are mindful of our compliance standards, and when we choose to do the right thing.

Vaccine Mandate

Charles River is a U.S. Federal Contractor.  As a result, we must follow the Presidential Executive Order to mandate vaccinations, and ensure our employees are fully vaccinated against COVID-19.  Our main priority is the wellbeing, health, and safety of our people. We require proof of vaccination from all employees. 

Anyone with requests for disability-related and/or religious exemptions should contact Talent Acquisition (crrecruitment_US@crl.com) so that information can be provided about the accommodation process at Charles River.

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 18,000 employees within 100 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 >80% of the drugs approved by the FDA for the past 3 years.

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, 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 crrecruitment_US@crl.com. 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.

Job Segment: Pharmaceutical, Laboratory, Quality Assurance, Recruiting, Biotech, Science, Technology, Human Resources