Assoicate Director - Alliance Reporting and FPampA

Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

Bristol Myers Squibb is a global biopharmaceutical company committed to transforming patients’ lives through science. At the core of that mission are the talented individuals who contribute their “unique” skillsets to help us drive innovation and deliver truly life-changing drugs for our patients. As we continue to pursue that mission, we’re looking for talented professionals like you to join our team. What unique gene will you bring?

RESPONSIBILITIES:

Oversee financial management of and provide consolidated financial reporting and analysis on early and late-stage development alliances within the Pharmaceutical R&D business unit

Review alliance agreements to identify the financial implications (e.g., conditions/contingencies, payment amounts & timing, potential milestones)

Drive key financial processes, including alliance budget and projections for cost share, milestones and opt-ins (e.g., develop timelines, manage financial systems, coordinate with Alliance Management, Development Teams, External Partners and run review meetings with R&D FP&A teams)

Obtain approvals and evidence from relevant parties to record journal entries and process payments

Consolidate, analyze and report actual financial results on regular basis (i.e., monthly/quarterly)

Provide variance reporting to Executive Director, R&D Portfolio, and R&D Controller

Support preparation of senior management presentations for quarterly closes, budget, and projections

Serve as key point of contact for alliance-related matters and reporting to R&D Finance, Alliance Management, External Partners, Corporate Financial Reporting group, tax, and treasury

Manage the reporting and projection of specified items (milestones and opt-ins)

Support tax and treasury requests and reporting requirements (e.g., actuals vs. budget, amortization reconciliations)

Support R&D Celgene integration initiatives

Lead the financial integration of BMS and Celgene alliances

Identify best practices and build-out formal, standardized, documented processes related to the consolidated financial management of alliances

Provide feedback on and recommendations for systems limitations and opportunities

Liaise and communicate with Alliance Management, R&D Finance, Development Teams, and other stakeholders to ensure alignment and understanding

Build and maintain strong, collaborative relationships with Alliance Management, Development Teams, External Partners, and other BMS Business Units

Meet regularly to obtain information on alliance status, progression (timing and likelihood of achievement), and risks

Educate Alliance Management on financial implications of key terms in alliances

Coordinate with Corporate and GPS (Global Product Development & Supply) for cross-functional alliances

Support business development activity for alliances

Provide technical accounting expertise to proposed and closed transactions

Research complex accounting questions & document conclusions reached

Lead review of contracts, identifying concerns prior to transaction close

Integrate closed deals into the financial systems and hierarchies

Act as single point of contact and technical accounting expert for alliance agreements

Review all new agreements for accounting concerns and prepare finance checklists and/or accounting memos

Ensure consistency of accounting and reporting for new agreements and amendments with existing agreements

Maintain information for quarterly in-licensed potential milestone disclosures

Coordinate with Technical Accounting to identify alliances which satisfy the criteria of ASC 808, Collaborative Arrangements

Ensure proper compliance with all internal controls for these activities

Coordinate support for audit requests

Support quarterly audit requests for interim testing (e.g., payment activity, new contracts)

Oversee year-end SOX requests and walkthroughs related to alliances

QUALIFICATIONS

BS/BA or equivalent, MBA preferred

CPA preferred

8 Years of financial auditing, consulting, or operations experience with significant exposure to Pharma alliance agreements (a plus), FP&A, Research & Development operations, technical accounting, and internal controls.

Knowledge of alliance agreement structures/terms, applicable GAAP, Internal Controls, and business laws and regulations.

Bristol-Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives.

Bristol-Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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