Address
Form of workAbout the Department
At Novo Nordisk, our Finance and Operations team is the engine that elevates holistic commercialization of our products. The Finance and Operations team works closely with the business across the organization to guide enterprise wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. We regulate accounting, uphold workplace safety, manage our supply chain and sampling, support technology, provide commercial operations, insights & analytics, maintain our facilities and assure the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent. And we reward hard work and dedication with the opportunity for continuous learning and personal development. Are you ready to realize your potential?
The Position
The position is responsible for:
Drive cross functional collaboration and transparency to support strategic decision-making
Oversee the creation of Novo Nordisk Inc. (NNI) in-market and ex-factory volume forecasting for NNI's entire product portfolio
Oversee execution of the Long-Term Forecast and identify key opportunities and risks
Guide prioritization of internal business development opportunities
Support valuation of external BD projects
Relationships
Reports to the Executive Director of Forecasting & Strategic Finance. Reporting into this position is a team of direct reports focused on long term forecasting for Novo Nordisk therapeutic areas and Strategic Finance. Position regularly interacts with senior leadership teams in Marketing, Market Access Public Affairs (MAPA), Future Business Strategy (FBS), Enterprise Strategy (ES), Rare Disease (RareD), Clinical Development, Medical & Regulatory Affairs (CMR), Pricing, Contract Operations & Reimbursement (PCOR), Commercial Insights & Analytics (CI&A), Finance & Supply Chain (F&SC) as well as select NNI Exec. Team (ET) members at Strategy Forum. Maintains relationship with global stakeholders in Insights & Forecasting, BD Valuation, Strategic Finance and Global Evidence, Pricing & Access (GEPA).
Essential Functions
Strategic decision-making/Stakeholder Management:
Actively engage and partners with key stakeholders in Marketing, MAPA, Future Business Strategy (FBS), Enterprise Strategy (ES), Rare Disease (RareD), CMR, PCOR, CI&A to ensure aligned and consolidated NNI input to strategic decision-making at NNI Strategy Forum
Development of relevant financial scenarios to support and direct the NNI enterprise and portfolio strategy development
Actively engage with stakeholders to ensure aligned and consolidated NNI input to the Novo Nordisk Long Term Financial Forecasting process
Ensure the coordination and synchronization of the finance scenario forecasting process with other relevant recurring NNI forecast processes (annual budget, mid-term plan, risk tracking, enterprise strategy)
Serves as liaison and strong collaborator with NNI and Global stakeholders
Long-Term Forecast:
Actively manages the Long-Term Forecast process at NNI to ensure evidence-based foundation for strategic direction for NNI and the Business Units
Establishes and continuously adapts NNIs strategic forecasting process to guide and coordinate various levels of cross-organizational input to strategic forecasts in guidance of strategy development, business development and ad hoc scenarios
Identifies, prioritizes, and reviews key strategic financial scenarios with the aim of communicating and challenging priority on the key drivers
Develop financial recommendations based on internal and external analyses and investment alternatives
Maintains an enterprise lens to ensure enterprise-wide initiatives, scenarios, risks, and opportunities are reflected in the financial scenarios
Business Development (internal):
Partners with business unit heads to facilitate development of relevant financial scenarios for business unit and portfolio strategy development
Synthesize and assess strategies across enterprise and business units to clearly highlight the key parameters, value drivers, and sensitivities for any given scenario forecast from a financial perspective. Ensure clear communication of same to key line of business and executive stakeholders
Develops recommendations to business unit heads as well as senior management based on financial analyses of strategic questions/options and provide evidenced-based recommendations
Ensure aligned and consolidated NNI input to G2/G3 pipeline projects at NNI Strategy Forum
Conducts trade-off analyses to inform investment decisions
Co-chair of NNI Strategy Forum
External BD projects:
Partners with global BD Valuations and NNI BD working group on external clinical-stage business development projects
Drives the process to evaluate financial impact to NNI of potential business acquisitions in close collaboration with local and global stakeholders
Secures sign-off of financial valuation with the NNI CFO ahead of deal signing
Physical Requirements
0-10% overnight travel required.
Development of People
Supervisory, ensure that reporting personnel have individual development plans (IDP), with annual goals and measurements that are consistent with the priorities of the business, and that interim reviews are held so that their work is focused on those priorities, and they understand their level of accountability for results and the measurement process. Ensure that the IDP forms include completed learning and aspiration plans and are in place for all reporting personnel to enable the achievement of goals and capability to assume increased levels of responsibility. Manage the application and communication of all Novo Nordisk policies, procedures, and Novo Nordisk Way.
Qualifications
A Bachelor’s degree required, preferably in Business Administration, Finance, Accounting, or other business-related fields. Master’s degree preferred
A minimum of 10 years of progressively relevant financial planning, strategic planning, mergers and acquisitions, or consultancy experience required; pharmaceutical or CPG industries strongly preferred.
Three (3+) years supervisory experience preferred
Strategy development as well as Business Development experience strongly preferred
Understanding of the external marketplace and familiarity in metabolic disease areas preferred
Strategic thinker with excellent analytical and financial forecasting ability.
Ability to work across functions and levels as well as with senior management and communicate effectively to the highest level of executives
Strong decision-making skills through demonstrated ability to leverage evidenced-based insights and sound judgement into strategy development, deployment, and optimization
Project management, process development, and change management experience a plus
Ability to manage competing priorities; strong organizational skills; demonstrated ability to streamline and simplify complex concepts for broader audience
Proven cross-functional collaboration skills with ability to influence multiple levels of leadership
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
