A leading pharmaceutical company is seeking a Commercial Finance manager to support the business in making decisions through a strategic, analytical and value adding partnership with finance. To drive profitability improvement initiatives.
DUTIES & RESPONSIBILITIES
Partner with the business heads in driving profitability of their business units
Support the business through analytical analysis of profitability with recommendations for improvements
Review and reporting on commercial agreements impacting profitability (including Data Fees, co-marketing arrangements etc.)
Full ownership of the Data Fees, projects and adhoc sales initiatives including stakeholder management, ROI assessments and presentations, customer support and ensuring compliance to SOP’s
Approve data fees and adhoc sales initiatives costs
Review and approval of Private market & State New Product P&L’s including Marketing Plan (LMS system approval) in order to assess new product financial viability and strategies
Management of co-marketing agreements including attending meetings as the Aspen finance representative
Support sales team with pricing and contract negotiations with customers
Ensure financial controls are in place for the respective business units
Responsible for handling commercial finance aspects of business decisions
Process flow improvements and implementation
Review and approve SOPs from a financial control perspective
Compiling and management of cost saving initiatives.
Monitoring financial performance of deals (e.g. Viking)
Compiling regular ROI analysis for large expenses
Cost controlling including budgeting, forecasting, monthly analysis
Field visits with relevant sales managers and Key Accounts to gain understanding of the market
Responsible for assessing underlying information relating to strategic projects
Supporting the team with other aspects of commercial finance (serving as a back for other CFMs).
CA(SA) (2-5 years post articles)
Computer literate - proficiency in excel, word, PowerPoint, and a fully integrated computer system e.g. SAP
Prior experience in the interpretation and use of accounting standards and the Companies Act