For 75 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
The Associate Director Finance Operations is a strong business partner and strategic thinker accountable for financial results, planning, forecasting, and supporting the three North America Biologic Testing sites, our largest region. Assist with developing and implementing a strategy for the business that aligns with the company's overall business and financial strategies. Work with the business to optimize performance, inform investment decisions, and drive results through competitor and economic analysis. Advise on key business planning opportunities and provide ad-hoc analysis and insights on specific issues.
This position is a hybrid role, working on-site in Wayne, PA or Malvern, PA.
This position may require domestic travel.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
In collaboration with Operations and Sales develop and administer accurate weekly and monthly forecasting and annual budget preparation; assume full accounting budgetary responsibility for the three North America sites.
Prepare and present financials and key indicators to senior leadership 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 revenue posting and analysis of revenue activities, including monthly revenue verification; forecast variance analysis; contract reviews; bookings and cancellations reports; utilization; and pricing.
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.
Assist Corporate Finance regarding the provision of information to internal and external auditors, including statutory reporting
Partner with tax to ensure we are meeting obligations, effectively managing associated risks and ensuring local requirements such as statutory tax reporting are completed.
Work closely with internal business partners, providing financial expertise on processes and value-added management to support them in achieving their objectives, including but not limited to inventory management
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 reevaluating process to achieve expected earnings growth.
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.
Develop, oversee and coach team members
Support the policy of equal employment opportunity through affirmative action in personnel actions.
Perform all other related duties as assigned.
Job Qualifications
Education: Bachelor's degree (B.A./B.S.) or equivalent required.
Experience: 6-8 years related experience in accounting or finance, with a minimum of 2 years' experience in financial analysis.
An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.
Certification/Licensure: MBA, CPA or CMA designation preferred.
Other: Comprehensive understanding of operational, sales and financial issues for business unit required.
Compensation Data
The pay range for this position is $150K - 175K USD annually. Please note that salaries vary within the range based on factors including, but not limited to, experience, skills, education, certifications, and location.
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 20,000 employees within 110 facilities in over 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.
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 worked on 80% of the drugs approved by the U.S. Food and Drug Administration (FDA) in the past five years.
We're committed to providing benefits that elevate your quality of life. Based on your position these may include: bonus/incentives based on performance, 401K, paid time off, stock purchase program, Health and wellness coverage, employee and family wellbeing support programs, and work life balance flexibility.
Equal Employment Opportunity
Charles River is an equal opportunity employer and is committed to providing equal employment opportunities for all qualified applicants and employees without regard to race, color, sex, religion, national origin, ancestry, age, mental or physical disability, family status, pregnancy, military or veteran status, or any other characteristic protected by federal, state, or local laws.
It is unlawful in some states (including Massachusetts) to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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.
For more information, please visit www.criver.com.
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