Job Description Summary
About the role:
Strive for sustainable growth through supporting and negotiating deals within APMA. Partner with APMA Region and countries Business Development & Licensing teams to analyze support and successfully close BD&L opportunities which are aligned with APMA business strategy as well as monitor existing deals across deal parameters.
Deal types include Exclusive Promotion and Distribution Co-marketing Selective Co-promotion (Digital Channel management) TM divestments and information needs for global in-licensing deals etc.
Job Description
Key Requirements:
- Trusted member of the Deal Team. Support APMA BD Directors and country BD leads by providing independent high quality financial support to all BD&L transactions including EPDA Licensing Divestments Co-Promotion and other strategic business initiatives.
- Makes recommendations for financial structure and terms to maximize value to Novartis while minimizing risk.
- Leads analysis of financial models underpinning deal terms; analyzes deal economics quickly to identify key value drivers and looks at key sensitivities.
- Specifically responsible for preparation of P&Ls and financial slides for APMA/Cluster DRC business cases.
- Collect input from key finance (CFO FRA Tax Funds Flow) stakeholders and incorporate their feedback in term sheet/contract in a timely manner. Takes proactive role in informing negotiations leader of financial issues.
- Constructively and proactively challenges deal terms which do not meet internal targets or are perceived to be inappropriate in terms of risk to Novartis.
- Provides key financial inputs to prioritize portfolio strategy and help ascertain short-/mid-/long-term partnering view.
- Provides financial oversights on existing deals in terms of reporting tracking and flagging deviations on agreed deal parameters. Responsible to APMA finance dashboard data integrity and timely updates.
- Support APMA BD Directors for BD activities including countries teams financial upskilling and capabilities building.
- Strong communicator with an ability to digest simplify and present BD&L financials to countries and region management.
Essential Requirements:
- Excellent communication skills both oral and written are needed due to coordination and dissemination of important and confidential information.
- Strong interpersonal skills with ability to build strong partnerships and trust with counterparts.
- Ability to diplomatically challenge stakeholders within Novartis from other companies and from external organizations.
- Team leadership project management and negotiation skills are required. Business knowledge of the pharmaceutical industry including customers and competition is a plus.
Desirable Requirements:
- Minimum of 8-10 years experience in finance accounting and business operations MBA will be a plus.
- Demonstrated superior financial analysis capabilities and superior skills in Excel.
- 1-2 years of Finance transaction/deal experience is a strong plus as well as a solid understanding of accounting principles and current IFRS as it relates to BD&L transactions.
- Candidate must demonstrate initiative creativity and ability to work under pressure often to tight deadlines.
Skills Desired
Alliance Management Business Development Collaboration Creativity Cross-Functional Teams Curiosity Customer Experience Due Diligence Emergency Management Evaluation Law (Legal System) Lifesciences Marketing Strategy Media Campaigns Merchandising Negotiation Skills Prioritization Sales Scouting Search Selling Skills Transactions Waterfall Model