Finance Director, Pipeline Analytics

Location: GSK HQ, London

To establish a clear and robust picture of the financial contribution of the R&D portfolio (and each of the sub TA portfolios) to GSK’s growth targets, external commitments and R&D productivity.

As the Portfolio Finance Director, you will be responsible for managing a team of portfolio analytics professionals to develop and maintain a clear picture of the financial contribution of the R&D portfolio to GSK’s growth targets, external commitments, and R&D Productivity. You will work alongside colleagues in R&D, Commercial, Corporate and Portfolio Management to support in the definition and application of robust methods for appropriately valuing our investments. 

You will work closely with the TA Portfolio Finance VPs and the extended Finance organisation (Corporate/Commercial), to establish and maintain a consistent and robust approach to articulating and communicating the value generated by R&D and the contribution made to growth ambitions at both a TA and total R&D level. You will support in the definition of a framework by which to assess investment decisions and deploy this into both TA and pan TA decision forums. You will play a pivotal role in communicating the value of the R&D pipeline, enabling senior stakeholders to assess and understand the impact decisions have on the Long-Range Forecast, the Pipeline Value and our growth ambitions, thereby contributing to external perception of GSK and its R&D engine. 

Key Responsibilities include, but are not limited to:

• Ensure that there is a consistent and robust Project Valuation methodology aligned with core stakeholders and suitable for multiple use cases, e.g. Project Decision Making, Intangible asset valuation,….
• Maintain the corporate and standard assumptions to be utilised within project valuations. Work with the R&D Finance and Corporate Finance teams to ensure that the right assumptions are generate and distributed to ensure accurate and robust project valuations. Own the Enrich system from a business perspective, the single source of truth for project valuations and work with a team of technical professionals to ensure that the system aligns to business and security requirements.
• Lead training and capability initiatives to ensure Asset Finance Partners are equipped to align project valuations to the agreed Project Valuation methodology. When complex issues arise, engage and align with relevant stakeholders, e.g. Tax, on the appropriate action to take. 
• Working with the VP Portfolio Finance to define the core set of metrics to be tracked/assessed at core governance forums (e.g. ROI/IRR/R&D Productivity) and design a set of standard context material to be utilised at each TA and cross TA portfolio decision.
• Establish tracking, and reporting mechanisms to enable an integrated view of R&D financial portfolio metrics and ensure these are appropriately integrated into the core business cycle, e.g. the Quarterly Performance Review. This will support effective communication of R&Ds contribution to pipeline value, long range forecast (LRF), pipeline inflection points and R&D productivity.
• Facilitate the definition of the Pipeline Value Target (a Bonus Driver) on an annual basis and support in the tracking of this on a quarterly basis in coordination with the TA finance teams and the commercial finance organisation.
• Support in the integration of the R&D Pipeline into the LRF process and ensure cohesion with the Pipeline Value Target. Work with the VP Portfolio Finance to ensure the LRF methodology appropriately reflects pipeline uncertainty.
• Lead the production of financial context material taken to core pan TA Governance forums, e.g. PIB Financial Context material and, working with the TA VP Finance Head and TA Portfolio Management Head, articulate impact & consequences of decisions.
• Coordinate and assist the finance activities in the annual planning cycle (Dynamic Portfolio Review), integrating TA submissions, analysing data to ensure consistency of submissions, reviewing with VP TA Finance Head and Portfolio Lead and conducting analysis to aid prioritisation.
• Identifies, launches, and executes initiatives aimed at increasing level of integration of financial data with portfolio management and resource management data to improve quality of decision making.
• Consistently applies project management best practices and tools to drive predictable execution and customer satisfaction through tracking and control of project deliverables, hands-on management of issues, decisions, and actions and proactive risk management.
• Define and deliver a continuous improvement roadmap to increase working efficiencies and alignment across functions.

Why you? 

Basic Qualifications:

We are looking for professionals with these required skills to achieve our goals:

• Bachelor’s degree in finance, accounting, mathematics, economics or project management (or qualified by experience)
• Extensive years of professional experience, ideally with program, project, portfolio management experience
• Biopharmaceutical customer and industry knowledge
• Track record of driving sound business decision making in relation to complex problems based on robust, impartial financial analysis
• Ability to work in a cross functional/matrixial environment
• Ability to work in a complex and fast-moving environment with multiple priorities
• Ability to connect with and influence business stakeholders at all levels in a technical environment
• Strong skills in modelling, analysis, forecasting, strategic / scenario planning, and decision making
• Good level of business acumen and prior pharmaceutical industry experience

Preferred Qualifications:

If you have the following characteristics, it would be a plus:

• Good communication and soft skills
• Ability to prioritize and manage multiple priorities and deadlines
• The successful candidate will be autonomous, self-confident, motivated, result oriented and have a Continuous Improvement mindset
• The successful candidate will be a seasoned people leader with track record in developing a performing team
• Ability to effectively communicate and articulate complex problems to drive decisions

Closing Date for Applications: 18th November 2024 (COB)

We create a place where people can grow, be their best, be safe, and feel welcome, valued and included. We offer a competitive salary, an annual bonus based on company performance, healthcare and wellbeing programmes, pension plan membership, and shares and savings programme.

We embrace modern work practises; our Performance with Choice programme offers a hybrid working model, empowering you to find the optimal balance between remote and in-office work.

Discover more about our company wide benefits and life at GSK on our webpage Life at GSK hiring-jobs.com GSK

Please take a copy of the Job Description, as this will not be available post closure of the advert. When applying for this role, please use the ‘cover letter’ of the online application or your CV to describe how you meet the competencies for this role, as outlined in the job requirements above. The information that you have provided in your cover letter and CV will be used to assess your application.

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Why GSK?

Uniting science, technology and talent to get ahead of disease together.

GSK is a global biopharma company with a special purpose – to unite science, technology and talent to get ahead of disease together – so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns – as an organisation where people can thrive. We prevent and treat disease with vaccines, specialty and general medicines. We focus on the science of the immune system and the use of new platform and data technologies, investing in four core therapeutic areas (infectious diseases, HIV, respiratory/ immunology and oncology).

Our success absolutely depends on our people. While getting ahead of disease together is about our ambition for patients and shareholders, it’s also about making GSK a place where people can thrive. We want GSK to be a place where people feel inspired, encouraged and challenged to be the best they can be. A place where they can be themselves – feeling welcome, valued, and included. Where they can keep growing and look after their wellbeing. So, if you share our ambition, join us at this exciting moment in our journey to get Ahead Together.

As an Equal Opportunity Employer, we are open to all talent. In the US, we also adhere to Affirmative Action principles. This ensures that all qualified applicants will receive equal consideration for employment without regard to neurodiversity, race/ethnicity, colour, national origin, religion, gender, pregnancy, marital status, sexual orientation, gender identity/expression, age, disability, genetic information, military service, covered/protected veteran status or any other federal, state or local protected class*(*US only).

We believe in an agile working culture for all our roles. If flexibility is important to you, we encourage you to explore with our hiring team what the opportunities are.

Should you require any adjustments to our process to assist you in demonstrating your strengths and capabilities contact us on [email protected] or 0808 234 4391. 

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