Sr Director Finance

Purpose and Scope

This role’s primary responsibility is finance business support for the Operations (manufacturing, engineering, supply chain, and MS&T) and Quality functions for Tolmar. As a new key leadership position within Tolmar finance, this role is charged with driving the strategic goals for the Operations and Quality organization including capacity planning, capital investments, COGS improvement glide paths, key reserves management, driving visibility and controls over manufacturing variances and process improvement driven cost savings initiatives. Additionally, this role will be responsible for further enhancing the financial planning and analysis business support services for the functions that this role supports.  This role will also be a key leader in the company’s principal governance forums, such as S&OP, OPRC (Operations Project Review Committee), Board of Directors, R&D Pipeline, and business development evaluations. This is a highly visible and transformation driving role within Tolmar finance. 

Essential Duties & Responsibilities

• Provides strategic finance partnership to Tolmar’s chief operating officer and chief quality officer’s organization, including manufacturing, global supply chain, engineering, MS&T (Manufacturing Science & Technology) as well as quality function to meet Tolmar’s strategic objectives
• Deliver all FP&A support, including forward-looking financial projections (forecasts and budgets) and long-range plans in partnership with business leaders; continuously challenging and driving performance improvement, particularly through margin expansion
• Provide insightful performance reporting and analytics to operation’s leadership with a forward-looking lens to ensure delivery of the function’s commitments.
• Develop financial analysis and process to facilitate capital project investment decisions (ROI, prioritization, tracking and execution of projects)
• Drive forward looking COGS and partner with Manufacturing and Supply chain in developing capacity analysis that support on-market products and future development pipeline and business valuation
• Establish controls and efficient processes around key financial risk items like standard setting, BOM governance, manufacturing variance and inventory management
• Collaborate with operation’s leadership and accounting team to manage continuous improvement projects, identify inefficiencies, deliver on improvements, and lead development of complex analysis.
• Ownership of Operations related key reserves and accruals, including policy, timely and thorough evaluation, providing leadership and in coordination with accounting (e.g. Failed Lot reserve, Excess & Obsolescence Reserves, inventory valuation).
• Collaborate with operations and quality leadership on identification and delivery of various short-term and long-term savings initiatives (COGS glide paths, Other strategic projects)
• Key finance leader in Tolmar’s S&OP process, supporting operations to deliver on customer demand and Tolmar’s revenue projections
• Establish plan to build effective and efficient finance support model.
• Present to Tolmar senior leadership team and board of directors.
• Perform other related duties as assigned.

Knowledge, Skills and Abilities

• Broad understanding of many performance indicators and metrics (both financial and operational) that determine the success of manufacturing operations.
• Strong cost accounting background.
• Ability to think analytically, apply diagnostic techniques and provide in-depth analysis and recommendations.
• Skilled in oral and written communication skills with the experience, ability, and desire to present to senior leadership.
• Promote a work environment that challenges the status quo and leads and adapts to change while managing ambiguity.
• Top candidates will have a strong working knowledge of continuous improvement programs and core concepts within the Toyota Production System (“Lean”) or GE’s quality program (“Six Sigma”).

Tolmar’s Core Values

The Senior Director Finance is expected to operate within the framework of Tolmar’s Core Values:

• Center on People:  We commit to support the well-being of our patients. We are committed to treating our employees and those we serve as valued partners. By placing people at the heart of our actions, we actively engage, invigorate, acquire knowledge, and grow together.​
• Are Proactive & Agile:  We embody a culture of engagement and action. With a hands-on approach, we fearlessly adapt to change. We anticipate, respond swiftly and efficiently to ignite a spirit that propels us towards extraordinary outcomes.​
• Act Ethically:  We are committed to consistently conducting our business in an ethical, compliant, and socially aware manner, in line with our purpose of positively impacting lives. We actively cultivate diversity, equity, inclusion & sustainability in our workplace.
• ​Constantly Improve:  We are committed to a collaborative & proactive effort to improve our products, systems, processes, and services by reducing waste, increasing efficiency & improving quality.​
• Are Accountable:  We think, act, and communicate with honesty, transparency, and clarity in alignment with our core values. We don't compromise our values for near term gain. We take accountability & ownership of our work, actions, successes, and setbacks. We strive to deliver our best as we shape the future.​

Education and Experience

• Bachelor’s degree in finance or accounting required.
• CPA and/or MBA Preferred.
• Twelve or more years of experience in an FP&A partnership role with increasing responsibilities, supporting manufacturing & quality operations leadership in the pharmaceutical industry required.

Compensation and Benefits

• Pay: $200,000 to $230,000 depending on experience
• Bonus eligible
• Benefits summary:  https://www.tolmar.com/careers/employee-benefits 

Tolmar compensation programs are focused on equitable, fair pay practices including market-based base pay and a strong benefits package. The final compensation offered may vary from the posted range based on the selected candidates qualifications and experience. 

Tolmar is an Equal Opportunity Employer. We do not discriminate on the basis age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. It is our intention that all qualified applicants be given equal opportunity and that selection decisions are based on job-related factors.