Vice President, Business Unit Finance

Precision Medicine Group is a high-growth and established life sciences innovator, founded in 2012 and still led by a proven entrepreneurial team and backed by leading private equity investors (Blackstone, TPG, Berkshire Partners). The company helps pharmaceutical and life-sciences clients address product development and commercialization challenges while creating access to better care for patients around the world.

The Role

Reporting into the EVP Finance & CFO for PVH, the Vice President, Business Unit Finance Lead will lead the finance function for a business unit within PV&H. Precision Value & Health is currently over 1,300 employees and growing rapidly. The business is organized into three business units:

• Solutions: consulting and advisory services to develop the evidence needed to demonstrate commercial value of new therapeutic treatments
• Sciences: technology-enabled and data analytical solutions for life science companies to develop, plan, and execute targeted engagement programs
• Solutions: communication services for translating evidence into benefits for healthcare providers, patients, payers and investors

The VP, Business Unit Finance Lead for Engagement Solutions is responsible for driving business unit planning/budgeting/forecasting processes, and ensuring the financial plans meet the expectations of PVH and PMG stakeholders.The role will operate in a matrix organization with responsibilities for coordinating and leading client finance, FP&A and Accounting efforts to meet the business needs of P&L leadership and other stakeholders.

S/he will be expected to work effectively across the company, evidenced by strong business partnership with the FP&A, accounting, sales, marketing, IT, operations, and the business development functions. This position is expected to challenge and support the business, increasing PVH’s ability to anticipate issues and identify opportunities, and drive informed data-driven decision making through diligent financial management. The successful candidate will be a hands-on, client-first strategic thinker, as well as strong analytical leader with a proven track record of success in finance leadership roles.

Key responsibilities

Financial Leadership Strategy

• Serves as a member of the business unit leadership team and acts as a strategic partner in the development and management of the business unit’s vision and short/long-term objectives.
• Strategically supports the service line, business unit, segment and parent teams with organizational goals and objectives.

P&L Management

• Act as a thought partner and support delivering revenue and EBITDA results in accordance with overall business plan objectives.
• Provide accurate financial forecasts to management and contribute strategically to the allocation of resources to ensure overall profitability of the business unit.
• Communicate risks and opportunities in the forecast and help mitigate business unit risk to ensure revenue and EBITDA targets are met.
• Lead the annual budget process and quarterly reforecasting exercise for your assigned business unit, linking business strategy, projecting revenue and expense from both a top down and bottoms up approach, assessing risk and opportunities.
• Partner with the business unit leader to present the monthly financial results for the business unit with PVH and PMG leadership.
• Preform ad hoc qualitative and quantitative analysis to drive and identify key insights and opportunities for P&L and operational improvement.
• Influence allocation of resources through budgeting, planning, forecasting and variance analysis in collaboration with corporate and functional department and other business units.

Project Leadership

• Lead multiple major projects simultaneously from beginning to end supporting senior business leaders along with providing expertise and support to other minor initiatives.
• Drive innovative thinking on financial operational and strategic challenges, problem solving based on own experience and other’s expertise.
• Use deep financial expertise to structure approaches to projects and ambiguous problems, understand and articulate potential paths to solutions, and align the right people/resources against the right workstreams.
• Translate strategies into action plans with clear owners, timing/milestones, and deliverables.
• Manage and conduct objective analysis/research on current and emerging market trends, firm competitors, project/staff management, financial performance, key operating metrics, and other related topics to inform strategic options and financial performance improvements.
• Clearly summarize gathered data and facts, develop logical and complete story lines and presentations, confidently communicate and present finding to senior management expressing your own opinions supported by data/facts.
• financial clarity and managerial oversight to ensure business processes and policies follow GAAP and internal policies.
• Provide thought leadership in creation and enhancement of key performance indicators and oversee the institutionalizing and engraining of KPIs across the finance function.
• Provide strong relationships and communication channels across the organization, fostering a culture of collaboration and partnership to build and enhance infrastructure, process, and systems.
• Form strong relationships and communication channels across the organization, fostering a culture of collaboration and partnership to build and enhance infrastructure, process, and systems.

Business Leadership

• Crete and maintain strong relationships within the business unit, segment, and financial leadership to ensure alignment.
• Coordinate and work with the leaders of Client Finance, FP&A and Accounting to ensure cross functional support and alignment.
• Support company continual improvement initiatives, process standardization, training, and cultural transformation efforts.
• Adapt to and balance workload in an environment where priorities change while managing expectations of internal and external clients through frequent communication and thought partnership.
• Support efforts to explore system enhancements and other technology solutions to automate and optimize workflow to eliminate manual tasks.

Team Leadership and Development

• Particpate as a member of the PVH Finance Leadership Team responsible for driving the PVH Finance strategy, culture, partnerships, and people development.
• Foster a culture of collaboration, purpose, mutual respect, client service and accountability.
• Establish a results-oriented management style that measures and evaluates individual performance against clearly defined accountable competencies, responsibilities, and objectives.
• Act with empathy and compassion, regularly offering to step in to help solve other’s problems and spread the workload.
• Demonstrate high emotional intelligence to allow him/her/them to understand interpersonal dynamics or issues, offer the right solutions and build trust.
• Demonstrate self-awareness and proactively seek opportunities to improve self, team, and the firm; be responsive to, and regularly offer 360-degree coaching/feedback.
• Coordinate and enable to the process to oversee regular performance reviews for relevant staff.
• Foster a high performing and collaborative work environment setting performance goals, providing guidance, and promoting continuous learning and development.
• Promote a culture of rigorous and disciplined financial analysis relying on quantitative data to support business decisions.
• Ensure sufficient resources, tools and processes are in place to scale a strong finance team with the right people, process, and technology.
• Speak with confidence, clarity, and impact; using a range of interaction styles to probe key issues and influence outcomes.

Leadership / Organizational Development

• Able to articulate a complex task or analysis to individuals at all levels of the company.
• An exceptional manager and motivator of people and teams who can build organizational capacity through a combination of proper organizational structure, hiring, training and recruiting the best talent available.
• Able to equip client teams with superior tools to support execution.

Ideal Experience

• 10-15 years of professional experience in finance roles, including substantial experience in FP&A, and leadership of a divisional business unit for a company of at least $300 million in total revenues.
• Undergraduate degree in finance, accounting, or a related field.
• Advanced business degree a plus, C.P.A. a plus.
• Industry experience in professional services is highly preferred, with a preference for life sciences, communications, or consulting.
• Demonsrated experience in building infrastructure and teams, and driving business results from the finance organization, leading to measurable improvement in the company’s capabilities and financial performance.
• Demonstrated leadership skills and the ability to effectively communicate and influence at all levels.