Head of US Finance

Vice President Head of US Finance

Ascendis Pharma is a dynamic fastgrowing global biopharmaceutical company with locations in Denmark Europe and the United States. Today were advancing programs in Endocrinology Rare Disease and Oncology.

Here at Ascendis we pride ourselves on exceptional science visionary leadership and skilled and passionate colleagues.

Guided by our core values of Patients Science and Passion we use our TransCon drug development platform to fulfill our mission of developing new and potentially bestinclass therapies to address unmet medical needs.

Our culture fosters a place where skilled adaptable and highly resourceful professionals can truly make their mark. We offer a dynamic workplace for employees to grow and develop their skills.

This position will be a key member of the US Leadership Team and the Global Finance Leadership Team. As the Head of US Finance this is a highvisibility high impact position that will drive and generate critical business and financial decision support and will play an integral role in establishing and driving processes such as in Business Advice Budgeting/Forecasting GrosstoNet Management Reporting Government Reporting and ad hoc analyses as the US organization grows.

The team is organized in two categories:

Commercial Finance (Gross to Net and Government Pricing) and

Business Finance (FP&A)

This leader will also work closely with the USbased Global Finance Operations team who supports with Financial Accounting (e.g. revenue recognition reporting US tax liaison). The role is based in Princeton New Jersey and will report directly to the EVP President of US and have dotted line accountability to the SVP Global Finance based in Copenhagen Denmark. Close collaboration with the Ascendis Pharma CFO broader global organization and the US Leadership Team is expected.

Key Responsibilities

• You will lead a skilled team of people and will engage in detail were needed
• Provide financial and strategic business partnership and decision support to the US Organization (marketing field access medical affairs government affairs etc. as well as the Global Finance Leadership Team
• Establish and maintain key US business processes and policies in areas such as: Revenue Forecasting Operating Expense Forecasting Pricing/Discounting GrosstoNet Revenue Recognition Government Pricing Expense Tracking etc.
• Make recommendations to President US and broader US Leadership Team on strategic resource allocation across the US Business Unit balancing both nearterm and longterm priorities of the US Business Unit and Global Enterprise
• Develop analyze interpret and present Revenue insights to various stakeholders within the organization with the ability to adapt messaging depending on the audience from executive level to the line manager level.
• Support Investor Relations with interpretation on US commercial performance and outlook
• Reporting and Compliance: Interact with group reporting on technical accounting matters ensure compliance with local reporting requirements and collaborate with Group Tax on ad hoc basis
• Develop analyze interpret and present financial results to various stakeholders within the organization with the ability to adapt messaging depending on the audience from executive level to the line manager level.
• Partner with Commercial to lead the development of a Monthly Commercial Business Review process
• Establish and define Key Performance Indicators (KPIs) (Business and Financial Metrics) and reports to manage and measure business performance in the most effective manner
• Proactively and creatively seek out opportunities to generate business cases to evaluate various options and assess their respective financial and business impact
• Create and present analyses and recommendation to key Ascendis Senior Management
• Track and understand the competitive landscape
• Help optimize financial processes and planning within the US Business Unit e.g. based on data provided by external parties or contained within disparate systems
• Support and provide input into Global Financial processes and timelines; actively communicate with US organization to ensure they adhere to requirements
• Key stakeholder for Financial Systems implementations such as EPM (Enterprise Performance Management) BI (Business Intelligence) and DW (Data Warehouse) tools as part of building out the necessary Finance technology infrastructure

• Minimum 15 years finance and leadership experience; must have demonstrable success within commercial stage biotech and/or pharmaceutical industry
• Bachelors degree required; CPA/MBA is preferred
• Ability to think bigger picture across different functional areas of the business and help arrive at the best decision for the overall organization
• Ability to incorporate multiple perspectives and variables to analyze issues to reach an opinion and recommendation on best path forward
• Ability to clearly articulate pros and cons of different available options and propose recommendations
• Experience in Gross to Net revenue recognition and forecasting
• Experience in Government Pricing and Reporting
• Experience and familiarity with ERP MDM Planning/Reporting and BI technologies
• Handson with the ability to transition from strategic thinking to tactical
• Analytical and problemsolving skills
• Excellent interpersonal and organizational skills can multitask in a dynamic and fastpaced environment with changing priorities
• Understanding of GAAP/IFRS accounting principles is required
• Ability to travel up to 15 Domestically and internationally

Preferred Skills

• Experience in a multinational corporation supporting users across different geographies
• Advanced skills in MS Office particularly Excel PowerPoint PowerBI

A note to recruiters:

We do not allow external search party solicitation. Presentation of candidates without written permission from the Ascendis Pharma Inc Human Resources team (specifically from: Talent Acquisition Partner or Human Resources Director) is not allowed. If this occurs your ownership of these candidates will not be acknowledged.

• 401(k) plan with company match
• Medical dental and vision plans
• Companyoffered Life and Accidental Death & Dismemberment (AD&D) insurance
• Companyprovided short and longterm disability benefits
• Unique offerings of Pet Insurance and Legal Insurance
• Employee Assistance Program
• Employee Discounts
• Professional Development
• Health Saving Account (HSA)
• Flexible Spending Accounts
• Various incentive compensation plans
• Accident Critical Illness and Hospital Indemnity Insurance
• Mental Health resources
• Paid leave benefits for new parents

Required Experience:

Director