Sr Manager, Strategic Finance

Job Description

About This Role

The Senior Manager of Corporate & Business Development Finance will jointly report to the Head of Corporate FP&A and the Head of M&A and Business Development Finance and will have regular exposure to the Head of FP&A, CFO, and senior leaders across multiple functions.  The Senior Manager will provide rigorous analytics for executive level, high visibility projects that combine strategy and finance.  Key responsibilities will align to both internal strategic finance efforts; including management of the company’s Strategic Financial Trajectory (SFT) and key support for the economic and structural assessments of in-licensing, collaboration, and M&A opportunities.

What You'll Do

Candidates must have a proven background of analytical excellence, a strong work ethic, as well as the ability to work in a fast-paced, rapidly changing environment and within a cross-functional team.

Overall responsibilities include:

Business Development Finance

• Develop comprehensive financial models and analyses to evaluate business opportunities, which will include building new models from scratch
• Collect and analyze inputs from Corporate Strategy, R&D, PO&T (Manufacturing), Accounting and other functions
• Foster an environment of high collaboration with business constituents
• Assist with due diligence activities in support of various business development initiatives
• Identify and analyze risk and opportunity considerations and potential impact on valuation and returns
• Perform frequent and complex ad hoc analytical assignments
• Assist in the preparation of memos and presentations for senior leadership review

Corporate Finance

The primary responsibility within Corporate Finance will be to lead Biogen’s Strategic Financial Trajectory (SFT) efforts.   Responsibilities include:

• Building and maintaining Biogen’s corporate finance model to project and analyze the impact of marketed and pipeline product performance, R&D portfolio decisions, capital allocation strategy and business development deals on the corporate financial trajectory
• Facilitating the cross functional planning process to compile global financial projections of marketed products and pipeline programs, including developing submission guidance to ensure consistency in assumptions and data accuracy
• Performing company sum-of-the-parts valuation analysis and quantifying BIIB’s projected shareholder value creation under various scenarios
• Communicating to senior management regarding strategic opportunities and critical issues related to the financial trajectory of the company
• Partnering with Corporate Strategy leaders to align the projected financial trajectory with Biogen’s strategic direction and future goals

The Senior Manager will also be responsible for related corporate modeling such as:

• Determining optimal return of excess capital to shareholders (eg share repurchases)
• Assessing historical ROI to inform future investment decisions
• Supporting the Corporate Strategy team in prioritizing portfolio investments

Qualifications

Required Skills

• MBA strongly preferred plus at least 5 years of experience (or 7+ years if no MBA), ideally in investment banking or another Pharm/Biotech company
• Distinctive quantitative and modeling skills
• Practical knowledge of financial theory and valuation methodologies
• Ability to navigate and influence in a matrixed organizational structure
• Attention to detail, yet ability to maintain an “80/20” mindset
• Excellent learning agility
• Comfort with ambiguity
• Ability to work under pressure and within short time constraints
• High sense of urgency with ability to meet tight deadlines and flexibility to adapt to changing priorities

Preferred Skills

• Knowledge of drug development and life sciences is preferred
• Experience with Hyperion

Additional Information

The base salary range for this position is $126,000 to $169,000. Base salary offered is determined though an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.  

Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance.   

In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees and their families' physical, financial, emotional, and social well-being; including, but not limited to:  

• Medical, Dental, Vision, & Life insurances 
• Fitness & Wellness programs including a fitness reimbursement   
• Short- and Long-Term Disability insurance  
• A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31) 
• Up to 12 company paid holidays + 3 days off for Personal Significance 
• 80 hours of sick time per calendar year
• Paid Maternity and Parental Leave benefit 
• 401(k) program participation with company matched contributions 
• Employee stock purchase plan   
• Tuition reimbursement of up to $10,000 per calendar year   
• Employee Resource Groups participation     

Why Biogen?

We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.

At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.

All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.