Senior Director FP&A - SG&A
Job Description
About Acadia Pharmaceuticals
Acadia is advancing breakthroughs in neuroscience to elevate life. For 30 years we have been working at the forefront of healthcare to bring vital solutions to people who need them most. We developed and commercialized the first and only FDA-approved drug to treat hallucinations and delusions associated with Parkinson's disease psychosis and the first and only FDA-approved drug for the treatment of Rett syndrome. Our clinical-stage development efforts are focused on Prader-Willi syndrome, Alzheimer's disease psychosis and multiple other programs targeting neuropsychiatric symptoms in central nervous system disorders. For more information, visit us at Acadia.com and follow us on LinkedIn and X.
Please note that this position is based in San Diego, CA. Acadia's hybrid model requires this role to work in our office three days per week on average.
Position Summary:
Reporting to Vice President of Strategic Finance, this position will lead financial support for all areas of Commercial, Medical Affairs, G&A, and Business Development. This role and their team will partner with the Commercial and Medical Affairs organizations managing two currently approved therapies, with additionally near term late stage assets. The position will cover both revenue and expenses for these franchises. Additionally, the role will oversee ongoing international expansion efforts, G&A functions, as well as provide financial support for the business development process. Key areas include maintaining and deeply understanding business drivers and return on investment, preparing periodic reporting and communicating performance, interacting with various functional business partners, and having proficiency in corporate systems and technical finance.
Primary Duties and Responsibilities:
- Act as integrated business partner with Commercial and Medical Affairs organizations, providing thought leadership and analysis for business initiatives (go/no go decisions, resource allocation, scenario analysis, payback periods, project post mortems, etc.) for both US and international businesses
- Develop gross-to-net forecast for all product lines, with extensive understanding of payer mix, discount structures by entity, and regulatory changes
- Lead and manage revenue and SG&A expense forecasts for all recurring planning processes (forecasts, annual operating plan, long range plan, etc.)
- Develop, implement, and maintain expense reporting and variance analysis to functional business partners and finance leadership, driving continuous improvement in forecasting and reporting
- Serve as finance partner to the Business Development deal team. Responsible for maintaining and improving corporate valuation model, acting as finance representative in diligence team meetings, performing extensive financial analysis, and providing strategic input throughout the entire diligence process
- Hire, develop, and retain high performing team
- Support sourcing team to proactively highlight vendor risks/opportunities and partake in vendor selection process and governance meetings
- Collaborate with Accounting to ensure GAAP compliance and adherence to company policies and procedures as well as reasonableness of accruals
Education/Experience/Skills:
- Bachelor's degree in Accounting or Finance with CPA/CFA/MBA preferred. 12 plus years of experience in corporate finance, banking, or consulting with pharma experience in a commercial stage organization required. An equivalent combination of relevant education and applicable job experience may be considered.
- High level of intellectual curiosity, with ability to work independently and solve complex problems
- Experience with Commercial operations and business development valuation in the pharma industry
- Financial analysis skills and ability to translate analyses into sound strategic recommendations
- Ability to think strategically and communicate effectively across all levels of the organization
- Proven track record of reliable, detailed and accurate work product
- Ability to work in a results-oriented, project-driven, real-time team environment, prioritize projects and deliver quality results within tight time constraints
- Excellent written and verbal communication, presentation skills, and MS Office proficiency
- Working knowledge of Generally Accepted Accounting Principles (US GAAP)
- Experience with NetSuite and Workday Adaptive Planning a plus
Physical Requirements:
While performing the duties of this job, the employee is regularly required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, see, talk or hear in a standard office environment. Employee must occasionally lift and/or move up to 15 pounds.
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In addition to a competitive base salary, this position is also eligible for discretionary bonus and equity awards based on factors such as individual and organizational performance. Actual amounts will vary depending on experience, performance, and location.
What we offer you (US-Based Employees):
- Competitive base, bonus, new hire and ongoing equity packages
- Medical, dental, and vision insurance
- 401(k) Plan with a fully vested company match 1:1 up to 5%
- Employee Stock Purchase Plan with a 2-year purchase price lock-in
- 15+ vacation days
- 14 paid holidays plus one floating holiday of your choice, including office closure between December 24th and January 1st
- 10 days of paid sick time
- Paid parental leave
- Tuition assistance
EEO Statement (US-Based Employees): Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every single one of the qualifications in the exact way they are described in job postings. We are committed to building a diverse, equitable, inclusive, and innovative company and we are looking for the BEST candidate for the job. That candidate may be one who comes from a less traditional background or may meet the qualifications in a different way. We would strongly encourage you to apply - especially if the reason you are the best candidate isn't exactly as we describe it here.
It is the policy of Acadia to provide equal employment opportunities to all employees and employment applicants without regard to considerations of race, including related to hairstyle, color, religion or religious creed, sexual orientation, gender, gender identity, gender expression, gender transition, country of origin, ancestry, citizenship, age, physical or mental disability, genetic information, legally-protected medical condition or information, marital status, domestic partner status, family care status, military caregiver status, veteran or military status (including reserve status, National Guard status, and military service or obligation), status as a victim of domestic violence, sexual assault or stalking, enrollment in a public assistance program, or any basis protected under federal, state or local law.
As an equal opportunity employer, Acadia is committed to a diverse workforce. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation. Furthermore, you may request additional support if you are unable or limited in your ability to use or access Acadia's career website due to your disability, along with any accommodations throughout the interview process. To request or inquire about your reasonable accommodation, please complete our Reasonable Accommodation Request Form or contact us at talentacquisition@acadia-pharm.com or 858-261-2923.
Please note that reasonable accommodations granted throughout the recruiting process are not guaranteed to be the same accommodation given if hired. A new request will need to be submitted for any ADA accommodations after starting employment.
Notice for California Applicants: Please see our California Applicant Privacy Notice within our Privacy Policy.
Notice to Search Firms/Third-Party Recruitment Agencies (Recruiters): The Talent Acquisition team manages the recruitment and employment process for Acadia Pharmaceuticals Inc. ("Acadia"). Acadia does not accept resumes from recruiters or search firms without an executed search agreement in place. Resumes sent to Acadia employees in absence of an executed search agreement will not obligate Acadia in any way with the respect to the future employment of those individuals or potential remuneration to any recruiter or search firm. Candidates should never be submitted directly to our hiring managers or employees.
ACADIA is an Equal Employment Opportunity/Affirmative Action Employer: Minority/Female/Disability/Veterans/Sexual Orientation and Gender Identity
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