Role Title
Financial Business Partner - Global R&D
Location
The successful candidate will work on a Hybrid basis and live within a commutable distance from:
Hull/Watford, UK
Andover/Fort Worth/Memphis/Pittsburgh, US
Rewards
Competitive salary and comprehensive benefits on offer including excellent pensions
Summary
At Smith+Nephew, we believe in our products. We believe that through innovation, development and supporting our customers and patients we can help others achieve a Life Unlimited!
Reporting to the Senior Finance Director for R&D the role will assist in providing strategic business partnerships to the Franchise R&D team. The Finance Business Partner will work directly with R&D Franchise leader and their staff to develop standardized and custom reports, execute month end close for the franchise R&D team, and participate as the key finance business partner on new product development projects. They will directly support the R&D franchise leader with accurate and meaningful reporting and data analysis.
Essential Job Functions
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Assist the Sr. Director of Finance in providing strategic business partnerships to the Franchise R&D teams.
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Responsible for providing monthly expense reporting, explain variances and provide proactive expense management.
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Demonstrate/create true “business-partnering” through sound financial analysis, routine guidance, and collaboration, as well as other ad-hoc/value-add analysis.
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Through close collaboration with the franchise new product development teams, develop robust financial models for New Product Development projects to ensure the launch of profitable products.
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Provide month-end support (journal entries, cost center support, various executive reporting/presentations, etc.) for the franchise R&D team, including key account reconciliations and routine expense reporting.
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Directly Lead period end reporting & analysis for the franchise R&D, along with forecasting & budgeting cycles. Ensure variances to forecast and budget are thoroughly explained, and opportunities and risks are identified.
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Provide ad-hoc analysis and financial support (modeling, dashboard creation, variance analysis).
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Demonstrate high standards of ethics and compliance, adhering to policies & procedures and compliance protocols. Maintain strong internal controls within day/day processes to ensure a sound control environment/SOX compliance.
Requirements:
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Bachelor's degree or equivalent in Accounting, Finance, Business Administration, or related fields required. CPA or MBA desired.
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5+ years’ experience in Finance, with a background in the Healthcare/Medical device industry being a plus
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Experience building financial models including multi year P&L inclusive of impact on balance sheet and cash flow.
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Experience partnering with R&D and product development financial modelling.
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Advanced Microsoft Excel skills are required. (Advanced Formulas including VLOOKUP and sumif, pivots).
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Experience of accounting matters, especially with knowledge of profit and loss accounts and their impact on balance sheet, cash flow statements.
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Experience with SAP, Business Objects, and HFM systems highly desirable but not required.
Applications:
If you share our passion for pioneering innovation and can demonstrate how you meet the criteria outlined, we would love to hear from you.
We continue to actively build an environment where every individual can fulfil their potential and be proud ambassadors for Smith & Nephew, our customers and their patients. We value the diversity of our people and welcome applications from everyone. It's more than business at Smith+Nephew - it's personal. What we do every day, changes lives every day. Healthcare is in Smith+Nephew's DNA. From a single pharmacy in Hull, UK to a presence in over 100 countries, we've spent more than a century and a half working at the leading edge of medical technology. At Smith+Nephew, you will find a company of people who care about each other, about our customers and their patients, and about the communities where we live and work.
Join us as we continue to make our work personal, to innovate and to develop devices that help to restore patients' bodies, and enable them to regain their futures.
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Smith+Nephew provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.