Director Forecasting - Portfolio and Goals
Director Forecasting - Portfolio and Goals
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$ 185500 - 344500
1 Vacancy
Job Description
Band
Level 6Job Description Summary
Location: East HanoverThe Insights and Decision Science (IDS) team is dedicated to enabling improved decision making at Novartis by leveraging superior data to identify actionable insights that drive enhanced performance. We collaborate closely with the US business bringing insights and challenging ideas to empower smarter datadriven decisionmaking. Reporting into the ED Forecasting the Dir Forecasting Portfolio and Goals is crucial in developing forecasts that align with brand strategies ensuring that the organization is wellprepared to navigate market dynamics and capitalize on opportunities.
The Dir Forecasting Portfolio and Goals plays a pivotal role in delivering highquality timely insights that drive informed decisionmaking and strategic planning. This position plays a crucial role in supporting launch preparations guiding teams in performance tracking and ensuring that forecasts are both realistic and adaptable to changing conditions. This role will enable the business organization to drive optimal decisions on investments based on an accurate understanding of brand potential. This individual will work closely with the Business Performance Decision Science Data Science and Functional Excellence Reporting teams ensuring accurate forecast information is disseminated to all relevant stakeholders.
This position will be located at East Hanover NU site and will not have the ability to be located remotely. This position will require 15 travel as defined by the business (domestic and/ or international).
Job Description
Key Responsibilities:
- Develop realistic transparent and assumptiondriven demand forecasts challenging assumptions and applying forecasting methodologies to support the brand strategy
- Prepare robust forecast assumptions by leveraging expertise and analogs from inline Forecasting team and research from Insights and Analytics team
- Support launch preparations and guide the teams to set up clear postlaunch performance tracking by creating and monitoring the shortterm revenue forecasts comparable to actuals in future and recommending adjustments when applicable
- Maintain accountability for high quality timely service delivery of forecasting analytic service requests including requests for solutions requiring sophisticated statistical and machine learning approaches
- Oversee portfolio forecasting aggregations and support the US forecasting forum
- Ensure consistent delivery of analytics that drive informed decisionmaking including the definition and development of models to be used in answering business and operational questions
- Develop new and innovative analytics models / methods for untapped opportunities enabling the automation of routine measurements
- Create a checklist for best practices on decomposing forecasts into the granular elements at a subnational segment level and ensure consistency with other forecast leads
- Coordinate with the IC team in CE Ops to provide territorylevel growth goals that aggregate up to the national level
- Drive patient count requests for internal comms external comms and IR for all US
- Ensure that value assessments address the impact of key market dynamics and that internal events are logically designed and welldocumented
What Youll Bring to the Role:
Education: A Bachelors degree in Business Administration Statistics Data Science Economics or a related field; an MBA or advanced degree is preferred
Novartis seeks an individual with extensive experience in the pharmaceutical or healthcare industry with a strong understanding of market dynamics and regulatory environments. A proven track record of implementing forecasting strategies and driving business outcomes through data driven insights is crucial for this role. The candidate should excel in driving quality forecasts that align closely with actual outcomes.
Essential Requirements:
- 810 years of experience in forecasting analytics and strategic planning or a similar role within the pharmaceutical or healthcare industry
- Commitment to driving and enabling datadriven decision making throughout all levels of the organization
- Experience in developing and applying various forecasting methodologies to support brand strategies and business objectives in the context of the pharmaceutical industry
- Demonstrated experience in fostering a culture of innovation and continuous improvement developing new models and methods to enhance forecasting accuracy and efficiency
- Experience in managing multiple projects simultaneously ensuring timely delivery and alignment with business goals
- Experience in managing relationships with key stakeholders including senior leadership and external partners
- Ability to work effectively with crossfunctional teams and drive strategic initiatives
- Excellent verbal and written communication skills to articulate and present forecast results to key stakeholders persuasively
- Strong analytical and problemsolving skills with the ability to interpret complex data and generate actionable insights
- Proficiency in data analysis statistical modeling and machine learning techniques
- Ability to thrive in a fastpaced dynamic environment and adapt to changing business needs and priorities
Novartis Compensation and Benefit Summary: The pay range for this position at commencement of employment is expected to be between $185500.00 and $344500.00/year; however while salary ranges are effective from 1/1/25 through 12/31/25 fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further final pay determinations will depend on various factors including but not limited to geographical location experience level knowledge skills and abilities. The total compensation package for this position may also include other elements including a signon bonus restricted stock units and discretionary awards in addition to a full range of medical financial and/or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired employee will be in an atwill position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Company or individual department/team performance and market factors.
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion gender national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status. We strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or in order to perform the essential functions of a position please send an email to calland let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Range
Skills Desired
Agility Agility Business Analytics Competitive Intelligence CrossFunctional Collaboration Customer Insights Customer Orientation Data Analysis Databases Data Science Forecasting GoToMarket Strategy Healthcare Sector Understanding Influencing Skills Innovation Machine Learning (Ml) Marketing Analytics Market Research Microsoft Excel People Management Predictive Analytics Product Marketing Qualitative Research Quantitative Research R (Programming Language) 5 moreRequired Experience:
Director
Employment Type
Full-Time
