Why Patients Need You
Technology impacts everything we do. Pfizer’s digital and ‘data first’ strategy focuses on implementing impactful and innovative technology solutions across all functions from research to manufacturing. Whether you are digitizing drug discovery and development, identifying solutions, or making our work easier and faster, you will be making a difference to countless lives.
What You Will Achieve
The Director of Portfolio Management & Financial Operations position reports to the Senior Director, Bus Ops, Quality & Continuous Improvement. This position will provide financial leadership to BPC (BioPharma, Patient, and CDI) Digital by ensuring that annual project expense targets are achieved, costs adhere to financial policies and reporting commitments are met to Finance and other recipients of financial information..
How You Will Achieve It
ROLE RESPONSIBILITIES
- Define and execute cross functional strategic projects driving efficiency and value for digital developing new process, techniques, and services.
- Drive streamlined financial communications to broad set of business and digital stakeholders.
- Lead planning and financial strategy.
- Collaborate with department leadership and Finance on programs and strategies in support of our operational targets.
- Govern the project portfolio and oversee management of project expenses to target.
- Oversee management of:
- project accounting activities to accurately track project costs.
- cost recognition process for submitting accruals to ensure accuracy.
- procure-to-pay process to ensure the continuous flow of funds for ongoing operations and projects.
- business case governance process
- fixed assets from project approval through activation
- Conduct continuous improvement activities to improve the visualization of data and automate manual, routine activities.
Managing the Project Portfolio
- Provide financial support to manage annual project expenses to semester financial targets across all funding sources (Capital, Operating Expense, Restructuring Expense and Cloud Computing Agreements)
- Review project accruals to ensure that the costs of services performed and good received are properly accrued according to financial policies.
- Review $20M in accruals, re-classes, intercompany charges, and statistical charges related to projects to ensure that financial results are properly stated.
- Identify and manage project variance explanations versus actuals, budget, and latest forecast.
- Manage budget transfers related to newly approved projects. This includes collecting operating expense budget level details and documented financial support agreements from our clients.
- Strong partnership with functional lines within BPC and procurement will be essential in understanding the needs and defining go forward approaches.
Managing Project Accounting
- Manage project codes from creation to closure.
- Participate in master data management activities (project codes, data tables, etc.)
Managing the Procure-to-Pay Process
- Oversee the monitoring of the creation of purchase orders valued annually at $400M+ to ensure adherence to Procurement and Financial policies with the use of custom Robotics Desktop Automation applications.
- Act as the single point of contact to review all Executive Summaries required for all purchase orders going to the SVP of BPC
- Ensure the timely closure of purchase orders to maintain proper financial records.
Coordinating Business Case Reviews
- Partner with Digital and Business stakeholders to drive content and manage Business Case Review for projects that require CPAs and CROWN entries.
- For significant investments (e.g. capital projects) work across stakeholders to drive approval end endorsement
- Ensure appropriate operational steps are completed to enable project execution (e.g. creation & release of project codes)
Maintaining Fixed Assets Under Development
- Manage the +$300M fixed asset portfolio throughout the asset development lifecycle.
- Activate assets globally and locally once put into productive use and post hyper-care support ends.
- Ensure status of assets is managed to ensure proper tax reporting.
Adopting a Continuous Improvement Mindset
- Identify manual, routine activities and drive efficiencies through automation or process improvement.
- Document and improve financial processes across the organization.
Qualifications
Must-Have
- Bachelor’s degree in accounting or finance
- Experience managing large technology project portfolios.
- Experience utilizing project portfolio management tools.
- 10 years of experience working in a corporate environment in a financial analysis role
- Solid understanding of generally accepted accounting principles (GAAP).
Nice-to-Have
Technical Skills
- Analytical capabilities to understand and explain financial variances.
- Results driven and able to drive cost savings to achieve financial targets
- Advanced Microsoft Excel skills and effective use of other Microsoft Office products (i.e., PowerPoint, Word)
- Experience using Tableau a plus
- Seizes accountability and is a self-starter
- Excellent oral and written communication skills
- Demonstrated business acumen.
- Negotiation and influence skills.
Leadership Skills
- Works well in a collaborative team environment
- Willingness to contribute fresh and innovative ideas.
- Organized and able to work on a variety of projects.
- Self-starter and motivated to own tasks and drive results.
PHYSICAL/MENTAL REQUIREMENTS
- Ability to perform mathematical calculations and complex data analysis.
NON-STANDARD WORK SCHEDULE, TRAVEL OR ENVIRONMENT REQUIREMENTS
Other Job Details
- Last day to apply: May 9, 2024.
- Work Location Assignment: Flexible.
Candidate demonstrates a breadth of diverse leadership experiences and capabilities including: the ability to influence and collaborate with peers, develop and coach others, oversee and guide the work of other colleagues to achieve meaningful outcomes and create business impact.
The annual base salary for this position ranges from $149,200.00 to $248,600.00. In addition, this position is eligible for participation in Pfizer’s Global Performance Plan with a bonus target of 20.0% of the base salary and eligibility to participate in our share based long term incentive program. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life’s moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site – U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided does not apply to Tampa, FL or any location outside of the United States.
Relocation assistance may be available based on business needs and/or eligibility.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
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