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Novo Nordisk Associate Director - Strategic Finance - Patient Analytics in Plainsboro, New Jersey

About 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 Strategic Finance team runs the annual update of the Long-Term Forecast (LTF) for North America Operations (NAO). The process relies on collaboration with cross-functional subject matter experts, high level of market understanding and excellent analytical capabilities to develop and maintain complex forecasting models. Leads development of financial analysis for internal development options based on a holistic market view including scenario modelling and trade-off analysis to provide strategic recommendations across the Novo Nordisk portfolio. Supports evaluation of external business development opportunities.

Relationships

Reports to the Director of Strategic Finance. Internal interactions include stakeholders across the NAO organization as well as global counterparts to ensure long-term forecast coordination across Novo Nordisk. External relationships may include interactions with various subject matter experts and vendors based on the needs of special projects or implementation of new programs.

Essential Functions

  • Expert knowledge of longitudinal patient-level data such as IQVIA LAAD and Komodo Sentinel. Works effortless with large and complex datasets to derive patient and business insights

  • Creates, challenges, and modifies business rules for setting up analysis based on patient level data. Understands and communicates why certain business rules are relevant for one type of analysis vs others

  • Independently drives cross-functional business cases and ad-hoc projects from idea to recommendation

  • Works across multiple Therapeutic Areas including Diabetes, Obesity, NASH

  • Proactively engages with key stakeholders to develop identified financial scenarios and to assist the Director of Strategic Finance with the development of Novo Nordisk Inc. (NNI) enterprise and portfolio strategy development impacting investment allocation and profile within therapy areas as well as across NNI

  • Review model output and findings for reasonableness and summarize with recommendations for discussion and alignment without oversight from the senior director of strategic finance before presentation to stakeholder groups

  • Derives recommendations independently based on internal and external analyses

  • Will be part of the Strategic Finance team that has the mandate to actively manage the strategic scenario forecasting at NNI in support of the long-term business strategy for Novo Nordisk Inc. to ensure evidence-based foundation for strategic direction for NNI and the Business Units

  • Continuously adapt 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

  • Maintains an enterprise lens to ensure enterprise-wide initiatives, scenarios, risks, and opportunities are reflected in the analysis

  • Ensures alignment of BU and Functional (Diabetes Sales, Market Access, and Medical) processes to NNIs scenario forecasting process in order to drive simplicity, accuracy, and efficiency relative to pursuing common goals

  • Partners with BUs to facilitate development of relevant analysis for business unit and portfolio strategy development

  • Develops recommendations to business unit heads as well as senior leadership based on financial analyses of strategic questions/options and provide evidenced-based recommendations

  • Conducts trade-off analyses to inform investment decisions

  • Partners with Enterprise Strategy, Commercial Insights and Analytics, PCOR, Market Access, Public Affairs and CMR as well as and BU leaders to drive and align strategic scenario forecasting inputs and outputs

  • Serves as liaison and strong collaborator with NNI and Global stakeholders

  • Seen as subject matter expert within field and provides sparring and input to colleagues and key stakeholders

    Physical Requirements

    0-10% overnight travel required.

    Qualifications

  • A Bachelor's degree in Finance, Engineering or similar field of study is required; advanced degree is preferred

  • A minimum of 10 years of progressively relevant financial planning, strategic planning, merger and acquisition, consultancy experience required. Two (2) years of relevant experience may be substituted for advanced degree

  • Functional expert using at least one of the following longitudinal patient-level data sources: IQVIA LAAD or Komodo Sentinel

  • Recognized as a functional expert in Excel and PowerPoint. Extensive experience with complex financial modelling and sales forecasting required

  • Strategy development as well as Business Development experience strongly preferred

  • Understanding of the external marketplace and familiarity in metabolic disease areas preferred

  • Ability to work with large and complex datasets and derive clear and simple business insights

  • Strategic thinker with excellent analytical and financial forecasting ability. Ability to collaborate across all functions and levels

  • Strong decision-making skills through demonstrated ability to leverage evidenced-based insights and sound judgement into strategy development, deployment, and optimization

    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.

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