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Senior Director, US Business Unit Accounting & Finance

Lexington, Massachusetts

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Takeda fosters a collaborative and stimulating work environment filled with opportunity and the chance to make a difference in people's lives. It is a workplace driven by integrity, one of Takeda’s long-held values that extends to both the patients we serve and our employees who develop and deliver medicines. Across our company, Takeda employees bring together diverse strengths that together create a stronger whole.

As one of the world’s leading biopharmaceutical companies, Takeda is committed to bringing Better Health and a Brighter future to people worldwide. We aspire to bring our leadership in translating science into life-changing medicines to the next level, in our core focus areas; oncology, gastroenterology, neuroscience, rare diseases, plasma-derived therapies, and vaccines.

We are a passionate team doing important work that impacts patients’ lives. If you are driven to create better health and a brighter future, join us!

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  • Since 1781, the values of Takeda-ism (Integrity, Fairness, Honesty, and Perseverance) have guided everything we do—from decision-making to interacting with patients.

  • Our people-first mission extends beyond patients to include their families, communities, and our own Takeda family.

  • A strong, borderless team, we strive together towards our priorities and inspiring mission.

  • Recognized for our culture and way of working, we’re one of only 13 companies to receive Top Global Employer® status for 2020.

  • Our people-first mission extends beyond patients to include their families, communities, and our own Takeda family.

  • Our vision is of a world with accessible healthcare for all, where prevention measures are exponentially advanced and billions are freed of disease. Our approach is rooted in our patient-centricity and the creation of outstanding treatments that change people's lives. Building upon a foundation of sustainability, we are committed to contributing to the long-term health of people through disease prevention.

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Senior Director, US Business Unit Accounting & Finance

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Job ID R0021391 Date posted 07/20/2020 Location Lexington, Massachusetts

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Job Description

Title: Senior Director - US Business Unit Accounting & Finance

Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as a SR Director US Business Unit Accounting & Finance  in our Lexington,  Massachusetts office.

At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

Here, you will be a vital contributor to our inspiring, bold mission.

This role focuses on the accounting and financial planning & analysis functions for Takeda's US Business Unit.

The position reports directly into the CFO, USBU, and a key member on the USBU Finance Leadership team.  The position also liaisons with the Global Controllership function and is a member of the Chief Accounting Officer’s Leadership team.  Key Objectives are as follows:

  • Lead the USBU Business Planning and Analysis (BP&A) team, including key planning cycles of the Mid-Range Plan, Mid-Year Commitment, and Long Range Plan.
  • Oversee revenue recognition process (gross-to-net) of $13B of US BU product sales over multiple legal entities for a diverse portfolio of products, including management of the commercial controllership team based in Exton, PA
  • Provide accounting and finance expertise for USBU initiatives and projects.
  • Responsible for managing external audit as well as compliance with SOX requirements in the USBU.

ACCOUNTABILITIES

Business Planning & Analysis

  • Deliver critical financial guidance to senior level management.
  • Develop financial insights to USBU leadership on risks and opportunities based on understanding of results and partnering with the commercial business leaders.
  • Build consensus with USBU financial leadership on the key messages, format and specific content for budget cycle submissions to Corporate Finance. 
  • Responsible for regular periodic and ad hoc financial performance and key performance indicator reports to USBU Leadership.
  • Oversee the preparation of the Monthly USBU Results Deck with insightful commentary on both financial and non-financial performance indicators.
  • Present results and analysis to USBU leadership team.
  • Management and professional development of the USBU BP&A team

Revenue Accounting

  • Oversee revenue recognition process (gross-to-net) of $13B of US BU product sales over multiple legal entities for a diverse portfolio of products, including management of the commercial controllership team based in Exton, PA
  • Ensure IFRS and statutory financial requirements related to managing analysis, accounting, reconciliation and reporting of net sales and related accruals.
  • Drive efficiency through all revenue recognition processes.

Technical Accounting and Related Activities

  • Provide accounting and finance expertise for ongoing integration activities, new product launches, divestitures, and product LOE events.
  • Identify and evaluate improvement opportunities, review those opportunities with relevant stakeholders, and work with the team to implement the improvements. 
  • Coordinate with Takeda Business Services to ensure that business transactions are properly recorded.
  • Manage both internal and external audit and reporting requirements including quarterly and annual data submissions and audits, data gathering for and implementation of new accounting standards, and government reporting. 
  • Overall responsibility for compliance with SOX requirements in the USBU.

EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS:  

Education & Experience

  • BA/BS Degree in Accounting or Finance
  • MBA or MS in Accounting or Finance preferred
  • Big Four experience preferred
  • CPA preferred
  • Minimum of 15 years accounting/finance experience with at least 5 years of management/supervisory experience
  • Experience identifying and implementing process improvements affecting multiple stakeholders
  • Experience working with all levels and disciplines of people within a large matrixed  organization
  • Experience working in a pharmaceutical setting.
  • Deep knowledge of all aspects of financial management – budgeting, forecasting and financial planning, including consolidation across the company
  • Strong experience in creation of business plans, strategic and long-term plans and acquisition management, including implementation experience of controlling and financial activities
  • Management and process experience connected to M&A (integration, post-merger monitoring)

LICENSES/CERTIFICATIONS:

  • CPA

TRAVEL REQUIREMENTS:

Ability to drive to or fly to various meetings – infrequent overnight travel.

Occasional international trips may be required.

WHAT TAKEDA CAN OFFER YOU:

  • 401(k) with company match and Annual Retirement Contribution Plan
  • Tuition reimbursement Company match of charitable contributions
  • Health & Wellness programs including onsite flu shots and health screenings
  • Generous time off for vacation and the option to purchase additional vacation days
  • Community Outreach Programs

Empowering Our People to Shine

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Locations

Lexington, MA

Worker Type

Employee

Worker Sub-Type

Regular

Time Type

Full time

Job ID R0021391

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