Address
Form of workZai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) is an innovative, research-based, commercial-stage biopharmaceutical company based in China and the United States focused on bringing transformative medicines for oncology, autoimmune disorders, infectious diseases, and neurological disorders to patients in China and around the world. Our goal is to leverage our competencies and resources to positively impact human health worldwide.
Founded in 2014, our experienced team has secured partnerships with leading global biopharmaceutical companies, generating a broad and late-stage pipeline of innovative drug candidates. Based on our proven track record of success, Zai Lab has earned the reputation as a trusted partner of choice for global biopharmaceutical companies seeking to not only access the Chinese market but also find a long-term strategic partner for global clinical development. Our unique business model builds on our in-licensed assets and innovative partnerships to expand our internal discovery and development capabilities and has created a portfolio of potential best-in-class and/or first-in-class therapies. Zai currently has four products on the market in China
Zai Lab was successfully listed on the Nasdaq Stock Market in September 2017 and completed secondary listing on Hong Kong Stock Exchange in September 2020. In 2022, Zai Lab became dual-primary listed on both the Nasdaq and the Hong Kong Stock Exchanges. Since its inception, Zai Lab has expanded significantly with several offices across China. In 2021, Zai Lab established its U.S. Headquarters in Cambridge, Massachusetts. As of January 2022, the Company has a global team of approximately 2000 employees.
The Executive Director, Head of R&D Finance serves as a key member of the R&D leadership team, contributing to overall financial management of Discovery, Early Phase R&D, and late Phase R&D, and provides leadership over Business Planning, Trial Forecasting, Project Finance Support, and Functional Finance management.
The ED provides Financial Planning & Analysis (FP&A) and key analytics for strategic decision making to members of the Sr. R&D Leadership Team, and oversees the annual budget and quarterly forecasts. This individual also provides oversight to month end accounting close activities for all R&D functions
This is a high impact role requiring strong financial and management skills, decision support analysis, ability to shape and influence strategic investment decisions and ability to multi-task. This individual is a key strategic leader with opportunities for visibility and influence with Senior R&D leaders
RDLT Members' Leadership Teams - this role is an integral part of the Research and Clinical Development Leadership teams providing ongoing financial support and dotted line reporting to Present/EVP level R&D Leadership to help drive decision making. This includes aligning financial investment with overall functional and R&D strategy.
Budgeting and Forecasting - this role works with internal stakeholders and lead their team to create a robust annual budget and quarterly forecasting. This includes identifying drivers of variances and recommended areas for opportunities with investment. Additionally, this role partners with the leadership teams to prioritize and eliminate spend to achieve financial targets and drive financial discipline.
R&D Program Finance Support - this role is responsible for working with R&D organization to provide robust decision support analysis (eNPV analysis) for all clinical program investment decisions, and play an integral role in Long Range Plan for R&D programs
Clinical Trials - this role responsible for ensuring that clinical trials are supported from a forecasting and governance perspective. This includes making sure the programs are staffed appropriately, and that all studies have gained approval from the appropriate governance committees prior to committing spend.
Alliance management - This role leads financial planning, resource allocation, expenses allocation with our partners for those in-licensed/out-licensed programs.
REQUIRED:
- Bachelor's degree in Finance or Accounting with 15+ years of progressive finance experiences; or equivalent combination of education, training and experience.
- Finance experience in biotech/pharma industry, preferably in R&D
- International work experience
PREFERRED:
- MBA or CPA preferred
- Excellent modelling and PowerPoint skills
- Ability to engage and influence senior R&D and other key stakeholders
- Consistent track record of solid business judgement and decision-making with ability to plan effectively and execute timely to deadlines
- Ability to perform in a fast-paced environment and navigate through ambiguity and drive change
- Detailed orientated with the highest regard for accuracy and completeness
- Excellent communication and interpersonal skills, with proven ability to build successful relationships and partner with all levels of a company's organization
- Creative and innovative team player with a positive approach and a focus on business solutions
- Fluency in both Mandarin and English
- Hands-on, can roll up the sleeves and get things done
- Strong leadership and gravitas
Zai Lab US requires all employees who are working onsite or who are in customer facing positions to be vaccinated against COVID-19 (subject to any legally required exemptions)
The pay range for this position at commencement of employment is expected to be between $285K and $317K/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
At Zai, we are proud of the gender diversity of our company and our promotion of women in biotech. We have achieved gender base pay equity at all levels, 58% of our employees are women and 54% of our management positions are held by women. We are committed to the health of patients and our planet. That's why our environmental protection, social responsibility, and corporate governance strategy, called "Trust for Life" is integrated within our business.
Disclaimer: This description is not intended to be construed as an exhaustive list of duties, responsibilities, or requirement for the position. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or based on disability.
