Sr. Manager, Clinical Finance BP
Waltham, MA - USA
Job Summary
As the Senior Manager Clinical Finance Business Partner you will report to the Director Clinical Finance and serve as a key Finance Business Partner to Clinical Operations and the broader R&D organization. You will will own the financial management of the clinical study portfolio within assigned TAs PSTs assets and/or studies with primary responsibility for Clinical Operations external spend including CROs clinical vendors FSP resources and other study execution costs. You will will provide end-to-end financial oversight across the clinical study lifecycle from study planning and scenario development through execution forecasting governance and close-out. You will partner closely with Clinical Operations TA Finance PSTs Study Leads GPLs CPMs and other R&D stakeholders to translate clinical and operational assumptions into financial insights and ensure study financials are appropriately reflected in broader asset and portfolio decisions. Beyond core study financial management upi will provide forward-looking analysis to support clinical development scenario planning governance Business Development due diligence and continuous improvement across Clinical Finance and R&D Finance.
This is a hybrid role requiring three (3) days of onsite work weekly.#LI-hybrid
Clinical Study Financial Management & Business Partnering
- Own the financial management of assigned clinical study portfolios providing end-to-end financial oversight throughout the study lifecycle.
- Maintain a comprehensive and forward-looking view of study financials including approved budgets actuals commitments accruals forecasts POs vendor contracts/SOW and FSP costs.
- Lead PST and Asset level budgeting forecasting month-end closing accrual and prepayment activities variance analysis and financial reporting.
- Monitor financial performance against approved budgets and forecasts proactively identifying and communicating key risks opportunities potential gaps and changes in financial outlook.
- Partner closely with TA Study Leads GPLs CPMs and Clinical Operations to understand study execution and ensure forecasts reflect current assumptions including timelines enrollment site activation geographic mix vendor activities and contractual commitments.
- Collaborate with TA Finance to ensure clinical study financials assumptions risks opportunities and scenarios are appropriately incorporated into the broader asset and R&D financial outlook.
- Provide clear financial insights and recommendations to support study portfolio and business decisions.
Financial Modeling Scenario Planning & Decision Support
- Develop enhance and maintain robust clinical financial models to support study costing scenario planning and decision-making with transparent assumptions key cost drivers and sensitivities.
- Lead financial analysis of clinical development scenarios including alternative study designs patient populations enrollment assumptions timelines geographic/site strategies study sequencing and other key development assumptions.
- Translate clinical and operational scenarios into clear financial implications sensitivities risks opportunities and investment requirements.
- Provide financial analysis modeling and business cases to support PRISM and other R&D governance and investment decisions.
- Partner with Clinical Operations Clinical Development TA Finance PSTs and other stakeholders to ensure financial scenarios appropriately reflect clinical and operational strategies.
- Clearly communicate complex assumptions and financial implications to Finance and non-Finance stakeholders.
CRO & Vendor Financial Management
- Conduct regular financial reviews with CROs and other clinical study vendors covering actuals accruals commitments forecasts change orders and overall budget status.
- Review and track study work orders and unit-based charges challenging activity assumptions unit volumes rates and variances against contract budget and forecast.
- Assess the financial impact of contract amendments change orders and evolving study requirements and ensure these are appropriately reflected in forecasts.
- Partner with R&D contracts & outsourcing team ensuring alignment among contracts work orders POs invoices budgets and forecasts.
Business Development & Due Diligence
- Provide Clinical Finance support for Business Development and due diligence activities with a focus on clinical development plans and associated costs.
- Develop and evaluate clinical development cost scenarios for potential external opportunities including study designs timelines patient populations geographic assumptions and development pathways.
- Review and constructively challenge key assumptions and identify significant cost drivers sensitivities risks and opportunities.
- Partner with Business Development Finance and other BD project stakeholders to incorporate clinical development costs and scenarios into broader business cases and investment evaluations.
Process Improvement & Broader R&D Finance Contribution
- Proactively identify opportunities to simplify standardize automate and improve Clinical Finance processes tools models and reporting.
- Develop practical and scalable solutions to improve financial transparency forecast accuracy efficiency and decision support.
- Collaborate across R&D Finance to share best practices strengthen financial capabilities and improve consistency across teams.
- Contribute to or lead cross-functional initiatives that improve Clinical Finance R&D Finance and broader R&D ways of working.
- Maintain a broad R&D perspective and proactively identify opportunities where Clinical Finance expertise can contribute to broader business decisions.
- Bachelors degree in Finance Accounting Business or a related discipline; MBA or advanced degree preferred.
- 7 years of relevant Finance FP&A R&D Business Operations or related experience preferably within the pharmaceutical or biotechnology industry.
- Strong understanding of clinical-stage drug development and clinical trial financial management.
- Strong experience in budgeting forecasting accrual management financial analysis and financial modeling.
- Ability to translate clinical and operational assumptions into financial scenarios insights and recommendations to support business decisions.
- Strong business partnering communication and influencing skills with the ability to collaborate effectively across Clinical Operations R&D Finance and other functions.
- Strong analytical and problem-solving skills with the ability to work independently manage multiple priorities and drive continuous improvement.
CSL Leadership / Behavioral Expectations
- Thinks Beyond looks beyond current approaches and considers the broader business environment.
- Builds Bridges proactively collaborates across businesses functions and teams.
- Unleashes Outcomes demonstrates accountability and supports effective decision-making.
- Ignites Agility embraces and helps drive effective change.
- Inspires the Future connects day-to-day work with broader organizational direction.
Travel Requirements:
- Domestic and International travel may be required from time to time.
CSL Behring is a global biotherapeutics leader driven by our promise to save lives. Focused on serving patients needs by using the latest technologies we discover develop and deliver innovative therapies for people living with conditions in the immunology hematology cardiovascular and metabolic respiratory and transplant therapeutic areas. We use three strategic scientific platforms of plasma fractionation recombinant protein technology and cell and gene therapy to support continued innovation and continually refine ways in which products can address unmet medical needs and help patients lead full lives.
CSL Behring operates one of the worlds largest plasma collection networks CSL Plasma. Our parent company CSL headquartered in Melbourne Australia employs 32000 people and delivers its lifesaving therapies to people in more than 100 countries.
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