Associate Director, R&D Finance, Portfolio Analysis

Bristol Myers Squibb EU Policy; Princeton (NJ); On-site; USD 162,000 - 196,000; Full time

Benefits offered by this job

Flexible Time Off

11 paid holidays

Vacation time 160 hours

Job summary

Bristol Myers Squibb in Princeton, NJ is seeking an Associate Director, R&D Portfolio Analysis to drive governance, budgeting and forecast activities for early and in-line asset programs. You will partner with Development Teams and R&D Finance leadership to ensure accurate cost estimates and robust financial reporting.

The role oversees month-end close, variance analyses, and governance processes, with exposure to Anaplan forecasting, P&L and balance sheet insights.

Qualifications

• Minimum education of a B.S./B.A. required; MS/MBA preferred.
• Seven or more years of finance experience with financial reporting and internal controls.
• Ability to defend analyses and present data clearly for decision making.
• Engage with business partners and leadership to drive strategic outcomes.

Responsibilities

• Provide program support, governance, and budget/projection activities for asset programs.
• Lead forecasting updates in Anaplan and maintain forecast and actuals reports.
• Analyze variance drivers and provide finance estimates for governance interactions.
• Support month-end/quarter-end close and financial reporting for R&D.
• Collaborate with Development Leads and R&D Finance leadership to align plans.

Skills

Financial analysis

Communication of complex data

Internal controls

Cross-functional collaboration

Forecasting

Education

Bachelor's degree (B.S./B.A.)

MS/MBA preferred

Tools

Anaplan

Job description

At Bristol Myers Squibb, our employees often ask, “Who are you working for?”—a question that fuels collaboration, accountability, and urgency in our work. Our purpose-driven culture inspires us to discover, develop, and deliver innovative medicines to prevail over serious diseases. We offer uniquely interesting and meaningful work, opportunities for growth, and a supportive environment that values inclusion, wellbeing, flexibility, and comprehensive benefits. This is work that transforms the lives of patients, and the careers of those who do it. The Associate Director, R&D Portfolio Analysis position within the R&D Finance organization is responsible for governance support, study costing, forecasting, actuals reporting, and analysis. The successful candidate will be an influential and collaborative finance professional who effectively interacts and influences global program teams and operations teams to understand the development plans, key study drivers, and operational execution so that cost estimates and study accounting is properly reported. Key responsibilities of this role include support for monthly/quarterly close activities, P&L and balance sheet analyses, providing key metrics supporting study valuations, governance process as well as achieving financial goals for R&D.

Major Responsibilities And Accountabilities

Provide Program Support, Governance Support and Budget / Projection Activities

• Manage selected asset programs (early or in-line).
• Support budget and projection preparation, including wind-down accounting for terminated programs.
• Lead forecasting updates in Anaplan within overall TA scope of programs.
• Maintain necessary reports in support of forecast activities and actuals review.
• Perform analysis of changes in assumptions to understand and articulate variance drivers.
• Provide finance estimates to support governance interactions.
• Maintain an open line of communication with Development Team Leads, R&D Finance Leadership and various other stakeholders.
• Drive planning of meetings and review with stakeholders and finance team (Hyderabad Hub) so that deliverables are completed in a timely manner and deadlines are met.

Month-End, Quarter-End Close, Variance Analyses and Reporting

• Analyze and identify root causes for significant variances.
• Ensure quarterly finance reviews with study teams include robust dialogue and open and transparent communication so study performance is accurately reflected in financials.
• Ensure the overall financial controls are designed and operating effectively including quarterly enrollment confirmation process for patient-based data and work performed evaluation for CRO-run studies within the scope of programs.
• Collaborate effectively and efficiently to optimize spend on programs in the wind-down state to ensure financial and operational objectives are met (simplified work performed accounting).

Qualifications

Minimum Requirements

• Minimum education of a B.S./B.A. is required, M.S./M.B.A. preferred.
• Minimum of seven (7) years of finance experience with significant exposure to financial reporting, internal controls, and technical accounting.
• Ability to prepare and defend financial analyses to support decision making, investigate and conclude on complex accounting issues.
• Ability to present complex financial data in a clear, understandable, and visually compelling manner.
• Ability to maintain accurate financial records, applying accounting principles, standards, and regulations to ensure the accuracy, transparency, and compliance of financial reporting.
• Active engagement with business partners, leveraging each other's strengths/expertise, developing strategic initiatives and fostering open dialogue to navigate complex challenges and opportunities.

We hire for skills and capabilities, not just credentials – if this role excites you, but doesn’t perfectly match your resume, we encourage you to apply anyway.

Compensation Overview

Princeton - NJ - US: $161,670 - $195,906

The starting pay range(s) listed above is for full-time employees (FTE). You may also be eligible for additional discretionary incentive cash and stock opportunities. We determine starting pay thoughtfully – carefully considering the nature of the role, required skills, work location, schedule and the knowledge and experience you bring. Final compensation is guided by pay equity principles and applicable employment laws. Compensation programs are reviewed on an ongoing basis and may be adjusted over time to reflect evolving market factors, and individual, team or Company performance.

Benefits

• Subject to the terms and conditions of the applicable plans then in effect, you may be eligible to participate in our comprehensive benefit plans – including wellbeing support, retirement and financial protection benefits, and insurance offerings (medical, dental, vision, life and disability).
• U.S.-based exempt employees are eligible for Flexible Time Off (FTO), which provides paid time off without a set accrual limit, subject to manager approval, along with 11 paid company holidays each year.
• Non-exempt employees, RayzeBio employees, and employees located in Puerto Rico receive 160 hours of paid vacation annually for new hires (subject to manager approval), 11 paid company holidays, and 3 optional holidays.
• Depending on eligibility, employees may also have access to additional time-off benefits, including paid sick leave, up to two paid volunteer days per year, summer hours flexibility, and leaves of absence for medical, personal, parental, caregiver, bereavement, or military needs. Eligible employees also enjoy an annual Global Shutdown between Christmas Day and New Year's Day.
• U.S.-based job seekers can explore full benefit offerings at https://careers.bms.com/benefits

How We Work

Where you work matters – because collaboration, innovation and patient impact happen in many settings. Our roles are structured across four work models: site-essential, site-by-design, field-based and remote-by-design. The model assigned to this role is based on its core responsibilities. Learn more at https://careers.bms.com/ways-of-working.

Supporting People With Disabilities

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [e-mail]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

Candidate Rights

BMS will consider qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

For roles based in Los Angeles County only: If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

Data Protection

We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection.

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

If this posting is missing required information required by local law or incorrect, contact BMS at [e-mail] the Job Title and Requisition number. Do not send application-related inquiries to this email. To check your application status, please login to your Candidate Home Account.

R1605558 : Associate Director, R&D Finance, Portfolio Analysis