Manager, Business Finance

For 70 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.

Job Summary

We are seeking a Business Finance Manager for our Safety Assessment site located Horsham, PA

 

The Business Finance Manager will partner with the operating businesses to raise standards in key decision areas, taking a forward-looking and commercial view supported by a complete analysis toolkit to help articulate different options and influence decisions, resulting in a world-class business model with high performance results. Interprets, explains and drives performance within the business. Presents a dynamic industry, competitor and economic context. Supports and influences key operational and strategic decisions. Advises on key business planning assumptions, trade-offs and opportunities. Provides ad-hoc analysis and insights on specific issues to drive/improve performance. Prepares reports that outline the company's financial position in areas of income, expenses, capital and earnings based on past, present, and future operations. Reviews, analyzes, and interprets all financial, key indicators and budgetary reports making recommendations to management; directs preparation of budgets and financial forecasts; prepares necessary schedules and reports for corporate accounting.

The following are responsibilities related to the Business Finance Manager:
  • Work closely with business partners, providing financial expertise on processes and value-added management to support them in achieving their objectives.
  • Educate internal leaders on budget management to support good understanding of their accountability and ownership.
  • Develop new approaches, processes or methods to solve new business problems, act as an agent of change and continuously reevaluate process to achieve expecting earnings growth. 
  • Submit accurate weekly and monthly forecasting and annual budget preparation.
  • Prepare and present financials and key indicators for business reviews, management reporting, budget and strategic planning. 
  • Prepare analysis of monthly, quarterly and annual financials compared to forecast, budget and prior year, including market impacts, currency fluctuations, etc.
  • Perform monthly and quarterly SOX controls related to revenue and financial statements.
  • Perform complex analyses including year-to-year comparisons and margins on new goods and/or services for forecasting and pricing purposes.  
  • Develop, and analyze appropriate key performance indicators optimally to improve business performance 
  • Develop, and analyze cost analytics, including but not limited to standard costings, absorption analysis for performance of the business.
  • Develop, and analyze commercial analytics, such as customers, service line profitability and price/volume/mix.
  • Develop, and analyze competitive intelligence.  This includes understanding key competitors, monitoring and reporting financial performance where applicable and helping the business to determine strategies and tactics to respond to competitive dynamics.   
  • Coordinate and evaluate efficiency and procurement initiatives to ensure optimized margins, and proactively work with other segments to share best practice.
  • Understand economic ROI & payback associated with all material capital expenditures.  Optimize free cash overseeing capital expenditure programs and projects (e.g., comprehensive Capital Expenditure Requisition (CER) review, tracking assigned CERs and resolving budgetary discrepancies).  Accurately forecast capital expenditures.
  • •Working with Corporate Accounting, Shared Services, Controllers and Internal Audit staff, ensure company’s adherence to corporate governance standards (e.g. Sarbanes-Oxley), pertinent regulatory requirements and to corporate finance/accounting policies, practices and procedures.
  • Collaborate across sites, segments and Charles River Labs affiliates to identify and leverage best practices.   This may include participation and leadership responsibilities on enterprise initiatives to help in improving organizational effectiveness.  
  • Develop short and long-range operating objectives, organizational structure, staffing requirements and succession plans.
  • Support the policy of equal employment opportunity through affirmative action in personnel actions.
  • Perform all other related duties as assigned.
The following are minimum requirements related to the Business Finance Manager position:
  • Bachelor’s degree (B.A./B.S.) in Accounting, Finance or related field.   
  • Six (6) years related experience in accounting or finance, with a minimum of 2 years’ experience in financial analysis.
  • Comprehensive understanding of operational, sales and financial issues for business unit required.
The following are preferred qualifications related to the Business Finance Manager position:
  • MBA, CPA or CMA designation.

About Corporate Functions 

The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.

 

About Charles River
Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.

 

With over 17,000 employees within 80 facilities in 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world. And in 2019, revenue increased to $2.62.

 

At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of ~85% of the drugs approved by the FDA in 2019.

 

Equal Employment Opportunity 

Charles River Laboratories is an Equal Opportunity Employer - M/F/Disabled/Vet

 

If you are interested in applying to Charles River Laboratories and need special assistance or an accommodation due to a disability to complete any forms or to otherwise participate in the resume submission process, please contact a member of our Human Resources team by sending an e-mail message to crrecruitment_US@crl.com. This contact is for accommodation requests for individuals with disabilities only and cannot be used to inquire about the status of applications.

 

 

 

 

Posted
11/04/2020
Salary Range
$91,000.00 - 139,000.00
per Year
Salary range estimated by
Location
Horsham, PA 19044, US